Director of Finance

Responsibilities

• Financial Reporting: Prepare monthly, quarterly and annual financial statements suitable for board and investor consumption, as well as detailed financial reports and analysis for Company management.
• Financial modeling: Establish and periodically update pro forma profit and loss statements, cash flow projections, and other financial models to support strategic decision-making.
• Financial strategy: Participate with the executive team in formulating financial strategy for the company, including business model, capital formation and financial structure.
• Revenue, Expense and COGS accounting practices:  Establish sound accounting practices consistent with the company’s financial strategy around revenue management, capitalization or expensing of assets purchases and R&D spending, and COGS allocation.
• Budget Process: Lead the annual budget process, including coordinating budget submissions, provision of support to budget managers, obtaining approvals, and ensuring alignment with strategic objectives.
• Budget vs Actuals Analysis: Prepare and analyze budget vs actuals reports for overall company performance as well as departmental performance, identifying variances and providing insights to management and individual budget managers.
• Budget Revisions: Facilitate budget revisions as necessary based on changing business conditions, strategic priorities, and performance trends.
• Bookkeeping Oversight: Oversee bookkeeping function, ensuring accurate and timely recording of financial transactions.
• Tax Management: Manage relationships with external tax preparer firm, ensuring compliance with tax regulations, timely filings, and optimizing tax strategies to minimize liabilities.
• Cap Table and Option Exercise Management: Maintain accurate records of capitalization table and manage employee stock option exercise process.
• Treasury Management: Oversee all aspects of treasury management, including cash flow forecasting, liquidity management, and investment strategies to optimize financial performance.

Qualifications

• Bachelor’s degree in Finance, Accounting, or related field; MBA, CPA or Masters degree in Finance or Accounting preferred.
• 4+ years of experience in finance or accounting in a management role.
• Experience in an accounting capacity in a manufacturing firm.
• Experience hiring and managing finance and accounting staff.
• Strong understanding of financial principles, corporate finance best practices, and accounting standards.
• Proven track record of leading budgeting processes, financial analysis, and financial reporting.
• Excellent communication skills with the ability to present complex financial information to non-financial stakeholders.
• Detail-oriented with strong analytical and problem-solving abilities.
• Proficiency in financial modeling and analysis tools, as well as accounting software systems.
• Prior experience in a venture-backed startup strongly preferred.