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Ivy (getivy.io)

Finance Associate

Posted 6 Days Ago
In-Office
New York City, NY, USA
150K-180K Annually
Junior
In-Office
New York City, NY, USA
150K-180K Annually
Junior
The Finance Associate will manage day-to-day operations including AP, payroll, cash forecasting, and budget management, while seeking automation opportunities.
The summary above was generated by AI

Few people get to build a bank from scratch. Even fewer get to build one at a moment when banking itself is being reinvented.


The dollar is the best product in the history of the world, with practically infinite global demand, but distribution is broken. Global clearing runs on legacy banks that are closed 115 days a year, built for humans and take two days to settle. Augustus is the update to the internet era. We received conditional approval from the OCC to charter America’s first stablecoin-native clearing bank that is always open, made for machines, at the speed of compute.


We are a group of operators, unicorn early employees, ex-founders and people who walked away from degrees because they believe this is an industry and career defining opportunity. We're backed with $40M from Peter Thiel’s Valar Ventures, Creandum and founders of Ramp, Deel and Circle.


We are regulated in Europe and live with Euro and Stablecoin clearing today. Now, we are building the US team from the ground up, while continuing to grow rapidly in Europe.

The Role

Augustus is building a bank from the ground up. The finance team is at the very core of the bank's operations: capital structure, regulatory filings, product economics, and business development all run through this team.

You will have full ownership over the day-to-day of the finance function: AP, payroll, cash/P&L forecasting, and budgeting. Your mission goes beyond day-to-day tasks. You will fundamentally change how finance departments operate. From Day 1, you will partner with Product and Engineering to build automated workflows and processes.

You will be the second person on the ground, after the CFO. This is an early career role with real responsibility - the kind that doesn't come with a queue of people above you.

Your First Six Months
  • Months 1-2: You take over all core operations: End-to-end AP, payroll administration through the PEO, corporate cards and expense policy, daily cash positioning across US and European accounts, and the monthly close. By the end of month two you have run a full close cycle and the recurring work is yours.

  • Months 3-4: Everything from months 1-2 runs without oversight. You identify what can be automated and scope those projects with Product and Engineering. You work directly with the Controller on the GL implementation.

  • Months 5-6: Routine operations are being automated one by one. You now spend 90% of your time on high leverage tasks: audit and tax workpaper preparation, cash and P&L forecasting, and feeding into the first full annual budget.

Who Will Thrive At Augustus

We believe that throwing smart people with high agency at big problems produces the best outcomes. The people who succeed here share the following traits:

  • Relentless: You can't leave something broken. You don't stop because it got hard or because no one is watching.

  • Set The Bar: You're harder on yourself than anyone else would be. You don't need external accountability to care about quality.

  • Shape The Game: You don't wait for a playbook and you don't need one. You walk into genuinely new territory and figure it out. You move before anyone asked you to.

  • Systems First: You don't solve problems by adding people or effort. You build systems that make the problem smaller. Your first instinct is to automate, not to handle it manually.

This role is for you if:

  • You're the person who notices the formula is wrong before anyone else does.

  • You find manual, redundant processes frustrating and fix them without being asked.

  • You close loops, flag issues early, and push back when something doesn't add up.

  • You want direct CFO access and broad scope early.

  • You want equity and you want your daily work to move the number it's tied to.

This is not for you if:

  • You need a well-defined role and a clear playbook to do your best work.

  • You do your best work in a large team where accountability is shared.

  • You work best at the strategic level and leave the detail to others.

  • Details slip through and you catch them later, if at all.

  • A fixed 9-5 is non-negotiable.

Hard Requirements
  • 2-4 years of full-time experience in finance, accounting, FP&A, or banking.

  • Strong Excel/Google Sheets modeling skills - comfortable designing and auditing models others will rely on.

  • Strong academic background.

  • In New York or ready to relocate.

Pay transparency:

Compensation packages at Augustus include base salary, equity, and benefits. New hire offers are made based on a candidate's experience, expertise and geographic location. The annual US base salary range for this role is $150,000-$180,000 + equity.

What We Offer
  • Career Growth: You will be given more responsibility and pushed to grow faster than ever before.

  • Network: Your peers are brilliant, highly motivated people. These people will be foundational in your future opportunities.

  • Real Participation: Employees are shareholders. You will think and act like an owner.

  • Perks & Benefits: Relocation support, visa support, the latest Apple gear (MacBook + AirPods), lunch benefit, gym benefit, a beautiful office in the heart of the city, 4x on-/offsites per year, and an annual development budget.

  • Health & Insurance: Our US team receives comprehensive Medical, Dental, and Vision insurance plans. We are offering 401(k) retirement plans.

Augustus is committed to creating an inclusive environment where people from all backgrounds can thrive and where different viewpoints and experiences are valued and respected. Augustus will consider all applications for employment without regard to race, ethnicity, national origin, religious beliefs, gender identity or expression, sexual orientation, neurodiversity, disability, age, parental or veteran status.

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