Finance Lead, Frontier & Stripe Climate

Details

Who we are

About Stripe

Stripe is a financial infrastructure platform for businesses. Millions of companies—from the world’s largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone’s reach while doing the most important work of your career.

About the team

Frontier is an advance market commitment to buy $1B+ of permanent carbon removal by 2030. Frontier aims to send a strong demand signal to researchers, entrepreneurs, and investors that there is a growing market for their technologies. Frontier buyers include Stripe, Alphabet, Shopify, J.P. Morgan, Salesforce, H&M, Workday, Autodesk, McKinsey and Watershed, and operates as a subsidiary of Stripe.

To avoid the worst effects of climate change, most climate models agree the world will need around 6 billion tons of carbon removal a year by 2050. If successful, we’ll increase the likelihood that the world has the portfolio of carbon removal solutions needed to reach these climate goals. Read more about our approach here.

What you’ll do

This role requires someone with a unique combination of analytical skills, business intuition, attention to detail, and exceptional communication skills. As Finance Lead for Frontier, you’ll effectively play the role of CFO.

Responsibilities

• Fund management including deployment strategy, tracking inflows from buyers and outflows to suppliers, fund reporting to stakeholders, and budgeting. You will work closely with the deal team, legal team, and engineering team to lead fund and portfolio management.
• Diligence of new carbon removal technologies and companies for new deals. You will focus on cost and financial diligence, techno-economic analysis, business model assessment, and general deal diligence. You will collaborate with our scientific diligence team throughout the deal process, including writing detailed purchase memos that inform Frontier buyers’ purchasing decisions.
• Facilitating first-of-a-kind financing in carbon removal. You will work with external investors across multiple asset classes to help facilitate financing for Frontier’s carbon removal portfolio. You will lead on investor relationship management, investor/portfolio company introductions, and structuring design.
• Managing the finances for the Stripe Climate product, including the team’s budget. You will also track Stripe’s commitment, carbon removal spend, and carbon removal forecasts. This work will include a lot of collaboration with Stripe’s Finance and Accounting teams.

In addition to the core responsibilities of the role, you will also:

• Help shape Frontier’s overall strategy and its execution.
• Help manage communications with Frontier buyers on their commitments, forecasts, and deal decision making.
• Help grow the Stripe Climate product alongside the product and engineering teams.

Who you are

We're looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements, you are encouraged to apply. The preferred qualifications are a bonus, not a requirement.

Minimum requirements

• BA or BS degree
• You have 5-8 years of relevant experience, including (but not limited to) banking, management consulting, industry research, economics research
• You have excellent quantitative skills, including experience doing industry/technology research. You have done techno-economic analysis or built and analyzed financial models. You have experience with data analysis and dashboard creation to inform decision making. You enjoy rolling up your sleeves and doing analysis work.
• You’re an exceptionally fast learner. You enjoy (and have experience) quickly ramping on new topics
• You have excellent oral and written communication skills. You have used writing to effectively distill research and inform decision making.
• Your organizational skills are impeccable. Even with a thousand balls in the area, you rarely drop one. You look to create tools and systems to improve efficiency for you and your team.
• You have exceptional senior executive management skills. You are low ego, and have a proven track record for working well across teams and with external partners

In-office expectations

Office-assigned Stripes in most of our locations are currently expected to spend at least 50% of the time in a given month in their local office or with users. This expectation may vary depending on role, team and location. For example, Stripes in our Bucharest, Romania site have an 80% in-office expectation, and those in Stripe Delivery Center roles in Mexico City, Mexico and Bengaluru, India work 100% from the office. Also, some teams have greater in-office attendance requirements, to appropriately support our users and workflows, which the hiring manager will discuss. This approach helps strike a balance between bringing people together for in-person collaboration and learning from each other, while supporting flexibility when possible.

Pay and benefits

The annual US base salary range for this role is $162,400 - $243,600. For sales roles, the range provided is the role’s On Target Earnings ("OTE") range, meaning that the range includes both the sales commissions/sales bonuses target and annual base salary for the role. This salary range may be inclusive of several career levels at Stripe and will be narrowed during the interview process based on a number of factors, including the candidate’s experience, qualifications, and location. Applicants interested in this role and who are not located in the US may request the annual salary range for their location during the interview process.

Additional benefits for this role may include: equity, company bonus or sales commissions/bonuses; 401(k) plan; medical, dental, and vision benefits; and wellness stipends.

We look forward to hearing from you

At Stripe, we're looking for people with passion, grit, and integrity. You're encouraged to apply even if your experience doesn't precisely match the job description. Your skills and passion will stand out—and set you apart—especially if your career has taken some extraordinary twists and turns. At Stripe, we welcome diverse perspectives and people who think rigorously and aren't afraid to challenge assumptions. Join us.