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Head of Strategic Finance - MENA

AlGooru

AlGooru

Accounting & Finance
Riyadh Saudi Arabia
Posted on Sep 25, 2024
AlGooru is hunting for the next generation of Finance talents!

We're looking for a Head of Strategic Finance - MENA

About The Job

Who Are We ❓

AlGooru is a Saudi-based learning platform that offers 1-on-1 private tutoring services in a variety of academic and recreational subjects. It is the first licensed private tutoring platform in Saudi Arabia, approved by the National e-Learning Center (NELC). AlGooru provides tailored educational support to students, and it's backed by several renowned investors including Constructor Capital, Techstars, Plug & Play, Raz Group, RZM Investment, and prestigious institutions like KAUST, Hub71, and MiSK.

A Fun Fact about AlGooru is that its name derives from "Guru," a Sanskrit word meaning a mentor, guide, expert, or master.

The Role Highlights

Main Responsibilities:

In close collaboration with the Founder, the main objectives of this role are:

  • Establish strategies to achieve +70% gross margins during FY'25
  • Support founders in closing Series A round by H1'25 (lead sourcing, presentations, negotiations, DD)
  • Initiate strategies to double our CAC:LTV by H1'25 and triple it by EOH2'25


A Day In Your Life

This role requires working closely with the Founder to achieve the following:

  • Create and regularly update financial models on a monthly basis with 95% target and budget achievement rates
  • Ensure continuous QoQ revenue growth by:
  • Regularly conducting in-depth financial analysis to support decision-making,
  • Providing proactive recommendations to optimize financial performance, and
  • Regularly monitoring financial KPIs and trends
  • Become the go-to-person for all-things finance matters (budget allocation, financial analysis, cashflow management)
  • Continuously identify cost saving opportunities & best cost structure


Requirements

You're the Head of Strategic Finance we're looking for if you have:

  • 6+ years in finance, including 2+ years in leadership roles
  • Proven success in strategic financial planning and Series A fundraising
  • Experience in optimizing gross margins and CAC ratios
  • Strong background in lead sourcing, investor presentations, and due diligence
  • Expertise in financial modeling, forecasting, and budgeting
  • Proficiency in financial KPIs and trend analysis
  • Strategic thinker with strong analytical and problem-solving abilities
  • Effective leadership and cross-functional collaboration


Bonus Qualifications:

  • Experience with Series A+ startups or VCs
  • Edtech industry knowledge is a plus
  • Strong network with investors
  • Preference for Google Sheets over Excel


Our application process

  • Screening & Intro Call (5-10 mins)
  • Chemistry meeting (15-30 minutes)
  • Technical interview (30-60 minutes)
  • Advisor Interview (30-60 minutes)
  • Technical assessment
  • Offer extended to successful applicants


Benefits

What We Offer You❗

At AlGooru, we offer fair and competitive pay, scalable benefits, rewards, and perks, reflecting our commitment to inclusivity and access for all. Enjoy:

  • Work from Anywhere
  • No clocking in/out
  • Enjoy unlimited PTOs
  • ESOP Shares
  • Free Hardware & Software
  • Monthly Pizza Fridays & more
  • Learn and expense on us!
  • AlGooru Library
  • 0% Interest Talent Loans
  • Quarterly Reward System
  • Vibrant Startup Culture
  • Fast Promotions (like really fast)
  • Travel for company events and get reimbursed
  • Coaching & Entrepreneurial Bytes


How To Gain Extra Gooru Points❓

  • Demonstrate your entrepreneurial, hustling, and energetic spirit
  • Prove your ability to take full ownership of your role without the need to be micromanaged
  • Conduct proper research about AlGooru prior to your interviews with us; we love people who already know about us
  • Be extra organized... like extra..