Most Important Skills for a Head of Finance and Business Operations at TigerEye Labs
For a Head of Finance and Business Operations at a startup, Yuri highlights "being detail-oriented" and strong "financial modeling skills" as crucial for responsible cash management in a fast-paced environment where "mistakes" are unacceptable. Effective communication, adapting style to diverse teams like engineering, sales, and marketing, is equally vital for success in the multifaceted role of business operations.
Financial Modeling, Communication, Detail-Oriented, Business Operations, Stakeholder Management
Advizer Information
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Job Title
Company
Undergrad
Grad Programs
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Yuri Yakubov
Head of Finance and Business Operations
TigerEye Labs, Inc.
UC Berkeley
UC Berkeley MBA, Haas School of Business
Business & Related
Technology
Finance
Honors Student, Took Out Loans, Immigrant, Worked 20+ Hours in School
Video Highlights
1. Detail-oriented approach is crucial for accuracy in financial tasks.
2. Strong financial modeling skills are essential for effective financial planning and management.
3. Excellent communication skills are necessary for interacting with diverse teams and stakeholders across the company.
Transcript
What skills are most important for a job like yours?
Being detail-oriented is crucial. In finance, you can't afford to make mistakes. You need to understand the minutiae of where money is going, especially as a startup with limited revenue that's burning cash.
A big part of my job is stewarding our cash and ensuring we don't run out. It's vital to understand all the details of our financial model and our actual spend. Strong financial modeling skills are also really important.
Communication is essential. Business operations is a broad title that can mean many things. However, in most companies, it means working with stakeholders across the entire organization.
You need to know how to communicate effectively with your engineering team, which is different from communicating with your sales, marketing, or HR teams. You have to understand what motivates different people and what they are looking for when they ask a question.
Those are the two most important things.