Director of Finance & HR

[Westsideleeds]

Tango Card – Role: Finance & HR Director

Tango Card is the first company to provide rewards as a service, RaaS™, to enterprise customers. Just as Salesforce moved CRM to the cloud, Tango Card is moving loyalty and rewards to the cloud – a $50 Billion dollar industry in the US alone. Tango Card has created the ideal rewards and loyalty platform for the modern, mobile, social enterprise. We’re a 20 person team based in Seattle, we launched in late 2010, and have over 80 customers. We have filed 3 patents, have a fantastic pipeline, and are growing quickly. We recently completed a significant Series B and our stellar investor group now consists of Allegro Venture Partners, Floodgate Capital, Eric Schmidt’s Innovation Endeavors, SWaN and Legend partners, and WTI. We are looking to add a few absolutely critical people to our team.

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We are looking to hire our first true finance professional to lead all key financial aspects of the company.

Responsibilities will include but certainly not be limited to:

1- Planning responsibilities

a. Lead annual plan – establish process, outline goals, collect inputs, create scenarios, engage individuals and teams to build final plan

b. Provide regular what-if and scenario analysis to CEO, mgmt. team in support of operations, planning, and Board meetings

2- Financial reporting & analysis

a. Provide weekly financial results with analysis, assessment, top focus areas

b. Provide monthly financial results with analysis, assessment, top focus areas

c. Provide monthly financial reports (I/S, B/S, Cash flow statements) to investors and Board

3- Accounting responsibilities

a. Ensure revenue is flowing as expected – revenue recognition is appropriate

b. Ensure A/R and inventory are correctly assessed and recorded

c. Ensure Netsuite is fully utilized and is regularly and properly representing our results

d. Running an annual process to have our financial results audited and certified

4- Financial analysis

a. Provide insights & recommendations based upon financial results

b. Dashboards: create key dashboards for CEO, Board, ops, dev and other teams. Give these teams the information they need to track to plan, understand gaps to address, opportunities to take advantage of

c. Other analysis: providing detailed tracking of option pool, grants, use of options, remaining options

5- HR & Equity

a. Work with internal counsel to create employee, consultant, and contractor agreements

b. Work with CEO on all proposed option grants

c. Work with external counsel to ensure all option grants are reported and tracked

d. Lead 409A option value processes. Work with all relevant internal and external stakeholders.

Experience & Background

1- At least 5 years directly doing the key responsibilities above. We need someone that has done these things and is an expert, not someone that is learning how to do these.

2- At least a 4-year University Degree, and preferably an MBA, CFA, or other relevant post-graduate studies in this area.

3- Experience with a start-up or a company with fewer than 30 people. It is critical to have worked in a small and dynamic environment where you end up wearing different hats and helping out in different areas beyond the core job description.

4- Direct experience with Netsuite, option tracking software, other key efficiency tools.

5- Direct experience managing a full financial audit process

Cultural fit

1- There has to be a strong fit with our culture. Key elements that define Tango Card’s culture:

a. We set a higher standard in everything we do

b. We delight our external customers and keep our focus externally

c. We have a sense of urgency

d. We have a positive, can do attitude

e. We are great at setting and meeting commitments

f. We win or lose as a team, not as individuals

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[WSB]

Since this doesn’t say – yes, this company IS based in West Seattle. (Working on a story about their growth; they mentioned job openings and we pointed them here.) – TR

(They do need to add their contact info, though!)

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[Kimberley]

I think they are (or were) somewhere near the Luna Park area (they used to come up on various location-based social media websites). I wonder why their funding is coming out of (mostly) Palo Alto, and why they haven’t tapped any of the Seattle-area VCs.

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[Westsideleeds]

David Leeds here – Founder & CEO of Tango Card. Sorry for leaving out valuable information. Yes, we are here in West Seattle. On 40th Ave SW, 2 blocks from the junction. Please contact me directly at david @ tangocard . com. Also, most of our funding did come from Bay Area firms. These firms got very (very) excited about what we are doing and moved quickly to invest in the company. We would have loved to have some participation from local firms, but things ultimatley did not work out that way. Also – thanks for the posts, the questions, and the tip to actually include my contact!

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