About 60 Decibels

http://60decibels.co/

60 Decibels, a new social impact measurement company spinning out of Acumen, is looking for an experienced finance professional to join our team at an exciting inflection point.
The 60 Decibels team pioneered the Lean Data methodology at Acumen, an impact investor that supports early-stage entrepreneurs who are fighting the root causes of poverty.
As we spin out of Acumen, we are looking for a finance leader who will build and operationalize the financial infrastructure of our new, fast-growing, global organization that is revolutionizing how the world measures social impact.

About Lean Data and 60 Decibels

Lean Data was developed at Acumen to address the measurement needs for its $100M+ patient capital investment portfolio. Lean Data is a low-cost, high speed, end-to-end customer insights and data collection service that has revolutionized the field of social impact measurement. Since 2014, Lean Data has completed more than 300 projects, gathering feedback and social outcomes data from more than 75,000 low-income customers across 33 countries, working with Acumen investees as well as with leading organizations like Omidyar Network, DFID, and the Bill and Melinda Gates Foundation. The 20-person Lean Data team is spinning out of Acumen in February 2019, and the new organization is launching under the name 60 Decibels.

About Acumen

Acumen is changing the way the world tackles poverty by investing in companies, leaders and ideas. Acumen invests patient capital in businesses whose products and services are enabling the poor to transform their lives. Founded by Jacqueline Novogratz in 2001, Acumen has invested more than $111 million in 104 companies across Africa, Latin America, South Asia and the United States. We are also developing a global community of emerging leaders with the knowledge, skills and determination to create a more inclusive world. In 2015, Acumen was named one of Fast Company’s Top 10 Most Innovative Not-for-Profit Companies.

Position Description

Reporting to the 60 Decibels Director of Operations, the Director of Finance will create, operationalize and maintain a robust financial infrastructure in a growing, global organization. S/he will collaborate closely with a global team working in the United States, the United Kingdom, India, and Kenya. S/he will manage a small team of junior finance staff in service of the finance team’s global responsibilities.

The ideal candidate for this role will be comfortable with both big picture planning and detail-oriented "sweating the small stuff." S/he will toggle between activities like building out a cashflow model for an investor presentation, managing Accounts Receivable from 30+ global clients, and reviewing expense coding and signing off on Accounts Payable for a team of 100+ enumerators in 30 countries. The ideal candidate is someone who will embrace all of these activities: you’ll couple a keen attention to detail with a systems- and process-building orientation, laying the foundation for our growth and modeling the financial and operational rigor required in a fast-growing, global organization.

More than anything, we are looking for someone who is curious and entrepreneurial, a quick learner who will continuously be looking for strategic opportunities to improve how we manage our finances.

Duties & Responsibilities

Spin-off Responsibilities

  • Collaborate with operational team to build out robust financial procedures applicable across all four geographies and optimized for the unique way that the 60 Decibels team operates
  • Provide initial training and ongoing support to the programmatic team on compliance with financial procedures, including sensitizing the team to the compliance and audit-related obligations of the organization
  • Identify and build out financial system(s) for use across geographies, including general accounting and reporting, expense reporting, A/P and A/R
  • Transition historical financial information and documentation from Acumen to 60 Decibels

    Ongoing Responsibilities

    • Oversee financial reporting, operations and accounting across multiple currencies and geographies, including by not limited to
      • Maintaining updated cash flow projections
      • Managing regulatory reporting, including tax reporting and quarterly reporting
      • Overseeing junior finance staff in implementing the above functions as needed, including bookkeeping, A/P, A/R, and reconciliations
    • Oversee and continually improve the financial reporting process
    • Manage and improve internal controls across the organization
    • Oversee the annual audit process, ensuring a clean and seamless audit
    • Manage annual budgeting in close partnership with the leadership team
    • Support for Talent management
      • Onboard new staff into payroll and internal HR system
      • Support ongoing improvement of Talent policies/systems that evolve as the organization grows
      • Manage key benefits plans, including retirement and disability benefits
      • Partner with Director of Operations to ensure compliance with current and evolving local employment laws across geographies
    • Prepare inputs required for board meetings and investor relationships
    • Other related duties as needed

    Qualifications

    • Master's degree in a related field required (MBA or masters in accounting, finance or similar field)
    • At least 7 years of relevant professional experience
    • Experience in a start-up environment strongly preferred
    • Experience with a global, multi-geography organization, including experience across multiple tax jurisdictions, strongly preferred
    • Direct management experience
    • Experience with Xero financial management program preferred
    • Fluency in MS Office; specifically, expertise in Excel and proficiency in Word and PowerPoint
    • Strong problem-solving and analytical skills
    • Excellent communication and collaboration skills
    • Excellent project management and systems-building skills
    • Consistent accuracy in all tasks large and small, with enthusiastic attention to detail
    • Ability to work efficiently, intensely, and juggle multiple priorities within an entrepreneurial environment where meeting deadlines is expected and comfort with ambiguity is essential

    Logistics

    This position will be based in New York City, NY. Permanent authorization to work in the United States is required.

    Compensation

    Compensation for this role is competitive and will be commensurate with experience.

    How to Apply

    Candidates for the Director of Finance position are asked to submit their resume and their responses to the questions below. Please keep your responses to 300 words or less.

    1. Describe what an optimal finance function looks like in a growing organization. What role does it play in the organization’s success?
    2. Why do you love the work that you do?

    Candidates are encouraged to apply early, as applications will be reviewed on a rolling basis. Deadline to apply is January 25th.