Red Sea Ventures Portfolio
Red Sea Ventures Portfolio

FP&A Manager - Operations



New York, NY, USA
Posted on Tuesday, July 2, 2024

ByHeart is an infant nutrition company built from the ground up to deliver real innovation on behalf of babies and parents. Our mission is simple: make the best formula in the world. That’s why we studied the latest breast milk science, worked directly with suppliers we know and trust, set uncompromising quality standards, developed our own small batch blending process, built our own manufacturing facilities, and conducted a groundbreaking clinical trial. Our goal is to create a future where all parents feel amazing about feeding their baby—no matter how they do it.

When we launched our Whole Nutrition Infant Formula in March 2022, we were the first new U.S infant formula manufacturer in 15 years. Since then, we’ve been leading the way in a lot of ways.


  • The only U.S.-made infant formula to use organic, grass-fed whole milk
  • The first and only U.S. infant formula company to add the two most abundant proteins found in breast milk—alpha-lac and lactoferrin—to our ingredients list
  • The first infant formula company to receive Clean Label Project’s Purity Award (and we test for 700 contaminants vs the required 400)
  • We ran the largest clinical trial by a new infant formula brand in 25 years—clinically proving our benefits vs a leading infant formula like:
    • Less spit up
    • Softer poops
    • Easier digestion
    • More efficient weight gain
    • Enhanced nutrient absorption
    • Longer stretches between nighttime feeds*

With >$250M in funding, we’re shifting the industry forward—and this is just the beginning. Help us build a future where all parents can feel amazing about feeding, by joining our growing team of >275 people that stretches across the country.

We're proud to offer competitive, family-first benefits, including but not limited to:

  1. Health insurance for the whole family: medical, dental, & vision insurance covered 100%, with 90% coverage for your family.
  2. Flexible paid time off: plus 12+ company holidays, and 2 floating holidays to use at your discretion!
  3. 16-weeks of fully-paid parental leave and new parent support: free 1-year supply of formula, cozy feeding suites, and paid pumping time.
  4. Up to 6% 401(k) Match to help you plan for your future.
  5. Company equity for every employee: because when we succeed, we succeed together!

Visit our site to learn more, and check out some recent press on ByHeart:

*based on data from infants at approximately 4 months of age


FP&A Manager – Operations will be a key member of our finance team, providing financial reporting, analysis, and insights across our three manufacturing facilities and supply chain network. This role will work cross-functionally with manufacturing plant leadership team, corporate Supply Operations team, accounting team, and the broader ByHeart team to enable and deliver our strategic and financial goals.

Reports To: VP, Strategic Finance

Location: NYC

Start Date: Immediate


  • This person will focus on all aspects of our supply chain network and operations, including manufacturing, procurement, warehousing, and transportation
  • Analyze every aspect of plant financial results and own COGS reporting through effective variance analysis tools and appropriate comparisons to annual budget and rolling forecasts
  • Provide monthly departmental reporting and analysis, and be a trusted business partner to plant leadership team to ensure positive, strategic decision making
  • Work closely with accounting team to execute robust monthly closing processes, including deep analysis and investigation of unexpected variances to plan where appropriate
  • Participate in and help facilitate monthly financial review meetings with CFO and executive leadership team
  • Work with plant leadership team and corporate Supply Operations team to build and manage annual budgets and rolling forecasts throughout the year, including by identifying cost-saving opportunities and operational efficiencies and supporting the development and tracking of capital expenditures plans
  • Support annual budgeting process, quarterly board presentations, and financial communications to key investors and other stakeholders
  • Own and manage significant ad-hoc and special project opportunities

Skills & Qualifications

  • 5+ years of financial analysis and modeling experience; experience with a CPG business with its own manufacturing highly preferred
  • Must possess strong analytical and problem-solving skills, business acumen, and attention to details
  • Must be a proactive team-player in cross-functional teams with the ability to thrive in a dynamic, fast-paced, work environment
  • Excellent communication skills and proven ability to communicate effectively with internal and external business partners at various levels

The minimum annual salary for this position is $100,000 and the maximum is $120,000. Additionally, you will be eligible for a discretionary performance based annual cash bonus and to participate in our company’s equity program, plus our robust medical, dental, vision, retirement, and other benefits.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.