Mercury

Compensation

Full Description

In 1976, the British statistician George Box wrote that “all models are wrong, but some are useful,” which remains a fundamental principle for anyone attempting to model the complexities of reality. Just as a map would need to be the size of a city to capture every last detail, a financial model that captures every nuance of a business would rival that business in scale. The challenge of a model builder is thus to find the balance between detail and brevity that allows a model to represent the most important dynamics that drive a business, while making the right simplifying assumptions to ensure the model is a useful tool for decision making. At Mercury, we’re revolutionizing banking* for the modern age and building the finance stack that empowers startups to thrive. As we expand our horizons with new business lines and reach more customers, we need financial reporting, models, and infrastructure that evolve at the pace of our business. We’re looking for a Strategic Finance team member to build and own the financial models and processes that power our decision making. In this role, you’ll not only own Pigment, our FP&A tool, but also build the models and dashboards that enable us to make the most critical decisions. Your Impact You'll be a key player in Mercury's financial evolution, working directly with the Corporate Finance Lead to: • Own the next generation of our operating model and reporting, enabling the company to make strategic financial decisions faster and more accurately • Manage and improve our FP&A processes and tools, with a focus on Pigment, to maximize the impact and efficiency of our Strategic Finance team • Design and build automations in our reporting to accelerate the time from information to insight to action • Build and maintain sophisticated, scalable financial models to help the company chart a clear path between investing in new products and building a profitable, scalable business • Play a critical role in reporting for executives, our board, and investors to enable deep insight into our business • Partner with teams across Mercury to improve our internal processes and uncover opportunities for value creation • Build the foundation for Mercury's strategic initiatives, from annual planning to fundraising and M&A activities What You Bring • 3-5 years of experience in finance, investment banking, or consulting, with experience managing FP&A tools (Pigment, Anaplan, Adaptive, etc) strongly preferred • Exceptional financial modeling abilities and experience building in Pigment or similar tools; SQL skills are a plus • Advanced Excel and Google Sheets skills, both in analyzing data and translating it into insights • Strong written and verbal communication skills with the ability to concisely explain complex problems and systems to varied audiences • A zeal for improving processes and driving efficiencies, cutting through ambiguity to find simplicity • Ownership mindset and ability to excel in a fast-paced, remote-first culture The total rewards package at Mercury includes base salary, equity (stock options), and benefits. Our salary and equity ranges are highly competitive within the SaaS and fintech industry and are updated regularly using the most reliable compensation survey data for our industry. New hire offers are made based on a candidate’s experience, expertise, geographic location, and internal pay equity relative to peers. Our target new hire base salary ranges for this role are the following: • US employees in New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $142,900 - $160,700 • US employees outside of the New York City, Los Angeles, Seattle or the San Francisco Bay Area: $128,600 - $144,600 • Canadian employees (any location): CAD 135,000 - 151,900 • Mercury is a fintech company, not an FDIC-insured bank. Banking services provided through Choice Financial Group and Column N.A., Members FDIC. Mercury values diversity & belonging and is proud to be an Equal Employment Opportunity employer. All individuals seeking employment at Mercury are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, sexual orientation, or any other legally protected characteristic. We are committed to providing reasonable accommodations throughout the recruitment process for applicants with disabilities or special needs. If you need assistance, or an accommodation, please let your recruiter know once you are contacted about a role. We use Covey as part of our hiring and / or promotional process for jobs in NYC and certain features may qualify it as an AEDT. As part of the evaluation process we provide Covey with job requirements and candidate submitted applications. We began using Covey Scout for Inbound on January 22, 2024. [Please see the independent bias audit report covering our use of Covey for more information.]