Finance Manager - Fintech/ BNPL

About This Role

Rize is a groundbreaking rent-now-pay-later platform reshaping the rental landscape in Saudi Arabia. We're dedicated to making rentals more accessible and affordable, enabling tenants to manage their finances with ease and landlords to secure their income effortlessly. We're on a mission to revolutionize the rental industry, breaking down barriers and creating opportunities for all. We're a team of innovators, thinkers, and problem-solvers, committed to creating a positive impact and driving change in the market.

Our Team We love working together, being creative, and doing things differently! Our team is made up of over 20 people with different nationalities. We work from a cozy office in Riyadh, Saudi Arabia. And hey, we're not just smart—we're really good at coming up with new ideas! Plus, you can work from wherever you want because we like to keep things flexible.

Our core values & Principles

• Innovation – We’re a technology-driven team with the purpose of uplifting the real estate sector. We are the leaders of the industry in innovation.
• Customer Centricity – We put the customer at the core of every decision and action.
• Adaptability - Being able to adapt quickly to changing market conditions and customer needs.
• Empowerment & Collaboration – Our team is the most valuable aspect of the company; We respect all ideas, our team enjoys authority, autonomy, and collaboration.
• Ethical Excellence - We perform within the highest ethical standard.

Job Summary The Finance manager is responsible for leading the finance function in Rize including rolling forecasts, financial models, and cashflow management to predict the company's cash runway. They will monitor financial performance against targets and own the company's financial models, data, and presentation materials. The manager will also be responsible for investment planning, including determining the optimal capital structure, securing financing through equity rounds and debt products, and managing relationships with capital firms. Additionally, the manager will maintain proper financial reporting to investors, capital providers, and other stakeholders, as well as uphold professional standards in debt management.

What will you be doing?

• Develop and maintain budgets and rolling forecasts in collaboration with the accounting team
• Maintain runway, using accurate forecast and actual figures
• Monitor performance against targets in monthly performance meetings
• Maintain ownership of Rize's financial models, data room, and financial presentation materials
• Determine the optimal capital structure for the business, considering debt and equity financing options
• Develop a financial roadmap for upcoming equity/debt investment rounds and loan injections
• Arrange meetings with local and international institutions offering debt solutions, such as banks and investment firms
• Own the financial numbers, story, and pitch deck for investors, banks, and capital firms
• Manage the financial structuring process with capital companies, including meetings, sourcing, and creating the financial story and pitch presentation
• Integrate all financial products, including loans and funds, into Rize's financial roadmap
• Develop a strategy to improve the company's bottom line and revenue and product development prioritization from a financial perspective.
• Prepare and maintain accurate and timely financial reports for investors, capital providers, and other stakeholders
• Ensure compliance with debt covenants and maintain professional standards in debt management
• Communicate financial performance and projections to all relevant stakeholders

You're a perfect match if you have

• 5+ years of experience in financial planning, modeling, and fundraising for startups
• Fintech experience
• Relative experience with a financing firm or institution is a plus
• Knowledge of debt and equity financing solutions, including innovative financing instruments
• Experience working with capital firms and investors
• Demonstrated track record of maintaining professional standards in debt management and financial reporting

Benefits What do we offer?

• Competitive salary - Receive a competitive salary package in USD or SAR, reflecting your skills and contributions in our industry.
• Diverse International team - Join a diverse international team where different perspectives and backgrounds enrich our collaborative culture.
• Flexibility - Enjoy the option to work full remote or hybrid, allowing you to balance work and life in a way that suits you best.
• Innovation - Shape the future of Proptech with your groundbreaking ideas and technological prowess.
• Direct Impact - See your ideas come to life and make tangible changes in an industry ripe for revolution.
• Fast-paced Learning - Grow personally and professionally every day with opportunities to master new skills in our dynamic start-up environment.
• Creative Freedom - Take the reins, innovate, and push boundaries with the freedom to experiment, learn, and grow at Rize.
• Close-knit Community - Join a collaborative, supportive team where your voice matters and your contributions are recognized and celebrated.