Full-Time

Vice President of Finance

Confirmed live in the last 24 hours

Path Robotics

Path Robotics

51-200 employees

Autonomous welding robots using AI technology

Robotics & Automation
Industrial & Manufacturing

Senior, Expert

Columbus, OH, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Requirements
  • A financial leader with a proven track record in building and scaling finance organizations, particularly in managing working capital for heavy-asset businesses.
  • Deep expertise in financial modeling, corporate finance, and cash flow management for complex, capital-intensive operations.
  • Strong analytical and business intelligence skills, with the ability to translate data into actionable insights.
  • Experienced in managing inventory and fixed assets using ERP systems, with a collaborative approach to working alongside supply chain and operations teams.
  • A results-oriented professional with demonstrated success in high-growth environments, adept at navigating financial planning in dynamic, fast-paced settings.
  • Business-savvy with a deep understanding of how financial planning and cash flow strategies impact revenue generation and broader organizational goals.
  • A confident leader capable of representing the finance function at the executive level, offering strategic vision and insights into key financial and operational metrics.
Responsibilities
  • Lead and mentor the FP&A, accounting, & BI teams, building a high-performance function that aligns with organizational goals.
  • Develop and execute cash flow strategies that optimize working capital and ensure liquidity in a heavy-asset environment.
  • Build, lead, and scale the finance organization to ensure robust financial processes, accuracy in reporting, and clarity in financial planning.
  • Drive rigorous financial analysis, budgeting, and forecasting with a relentless attention to detail.
  • Proven experience establishing and managing accounting processes in a startup environment, including handling rapid growth, ensuring GAAP compliance, managing cash flow, and overseeing efficient month-end and year-end close procedures tailored to a high-growth setting.
  • Engage and inspire the finance organization around key business timelines, milestones, and targets, fostering a goal-oriented and achievement-focused environment.
  • Develop strong partnerships across departments, including Sales, Operations, People, Engineering, and Product, to align financial planning with business objectives.
  • Approach financial challenges with optimism and focus on solutions rather than risks. Foster a proactive, results-driven culture within the finance team.

Path Robotics focuses on autonomous welding in the manufacturing sector. Their robots utilize advanced AI technology to independently scan, position, and weld parts, which streamlines the manufacturing process and reduces the need for skilled labor. The robots create a 3D model of each part using sensor data, allowing them to adapt to variations in parts without requiring identical components or precise positioning. This makes their solution particularly effective in environments with high mix and low volume production. Unlike traditional robotics companies, Path Robotics operates on a pay-as-you-go subscription model, allowing clients to only pay for the services they use, which makes it more affordable. Additionally, they cover all preventative maintenance, further easing the burden on manufacturers. The goal of Path Robotics is to enhance manufacturing efficiency and quality through their AI-driven solutions.

Company Stage

Series D

Total Funding

$263.6M

Headquarters

Columbus, Ohio

Founded

2014

Growth & Insights
Headcount

6 month growth

-4%

1 year growth

-21%

2 year growth

-17%
Simplify Jobs

Simplify's Take

What believers are saying

  • Secured $100M Series D funding, reflecting strong investor confidence.
  • Launch of Path Foundry(TM) revolutionizes contract manufacturing welding.
  • Job Builder app accelerates production by simplifying part template creation.

What critics are saying

  • Emerging competition may divert investor attention from Path Robotics.
  • Scaling Path Foundry(TM) could strain resources and affect service quality.
  • Pay-as-you-go model may lead to financial instability during economic downturns.

What makes Path Robotics unique

  • Path Robotics offers AI-powered autonomous welding, eliminating need for skilled welders.
  • Their pay-as-you-go model reduces upfront costs for manufacturers.
  • Proprietary AI creates 3D models, adapting to part variations for high-quality welds.

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