Full-Time

Director – R&D Strategic Finance

Confirmed live in the last 24 hours

Ontra

Ontra

501-1,000 employees

AI solutions for automating legal processes

AI & Machine Learning
Financial Services
Legal

Compensation Overview

$192k - $288kAnnually

+ Equity Grants + Commission

Expert

United States

Candidates must be based in the United States.

Category
Corporate Finance
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Data Analysis
Requirements
  • 10+ years in Finance, Strategic Finance, FP&A, or related roles, with significant experience in analyzing R&D spend and outcomes.
  • Bachelor’s or Master’s degree in Finance, Accounting, Economics or related field
  • Ability to develop a deep understanding of R&D spending and projected ROI, and create frameworks to assess the efficacy across different investment vectors.
  • Capability to guide and influence organizational direction in line with company goals, engaging with senior and executive management to achieve strategic objectives.
  • Strong teamwork skills to communicate and work across multiple teams including R&D, Finance, Sales, Customer Success, Marketing, and Leadership.
Responsibilities
  • Lead the development and execution of financial strategies for the Research & Development organization to ensure alignment with broader company goals.
  • Build and establish an R&D Strategic Finance function from scratch, leading both strategy and execution with a hands-on approach.
  • Create and maintain detailed financial models to project costs and revenue across the R&D organization, providing insights for informed decision-making.
  • Develop and present comprehensive investment cases to guide funding decisions, ensuring effective allocation of resources within R&D.
  • Engage with leaders from finance, sales, and other departments to understand and communicate expected financial trajectories and align organizational strategies.
  • Effectively communicate financial insights and strategies to C-level executives and board members to influence key decisions.

Ontra provides AI-powered solutions designed to automate legal processes specifically for investment firms. Its software streamlines the intake, negotiation, and execution of routine contracts, such as Non-Disclosure Agreements (NDAs), by leveraging a global network of freelance legal professionals. This automation allows legal teams to concentrate on more strategic tasks rather than routine paperwork. Ontra also offers services to ensure compliance with contract obligations, tailoring its solutions to the unique needs of each client based on their investment strategies. Unlike many competitors, Ontra has a strong focus on the private markets and has gained the trust of over 600 investment firms, including notable clients like Blackstone, which has also invested in the company. The goal of Ontra is to transform legal workflows throughout the entire fund lifecycle, enhancing efficiency and effectiveness for its clients.

Company Stage

Series B

Total Funding

$233.5M

Headquarters

San Francisco, California

Founded

2014

Growth & Insights
Headcount

6 month growth

8%

1 year growth

10%

2 year growth

15%
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for AI-driven contract management in private equity boosts Ontra's market potential.
  • Integration of GPT-4 enhances Ontra's contract analysis and compliance accuracy.
  • Ontra's global network of attorneys provides specialized solutions for investment firms.

What critics are saying

  • Emerging legal tech startups may erode Ontra's market share.
  • Rapid AI advancements could render Ontra's technology obsolete if not updated.
  • Data privacy concerns with AI-driven solutions could impact Ontra's operations.

What makes Ontra unique

  • Ontra combines AI with human expertise for nuanced legal task management.
  • The company offers a scalable, end-to-end solution for contract automation and intelligence.
  • Ontra's AI-enabled software automates routine contracts, freeing legal teams for strategic work.

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