Simplify Logo

Full-Time

Head of Finance

Confirmed live in the last 24 hours

Luminar Technologies

Luminar Technologies

501-1,000 employees

Develops lidar systems for autonomous vehicles

Automotive & Transportation
Hardware
Enterprise Software
AI & Machine Learning

Senior, Expert

Sunnyvale, CA, USA

Category
Financial Planning and Analysis (FP&A)
Risk Management
Finance & Banking
Requirements
  • Bachelor's degree in Finance, Accounting, or a related field required
  • Minimum of 15 years of progressive experience in finance and accounting roles, with at least 5 years in a leadership capacity
  • In-depth knowledge of GAAP, SOX and financial regulations
  • Proven track record of strategic financial planning, budgeting, and analysis
  • Ability to thrive in a fast-paced, dynamic environment
  • Experience with ERP systems and financial software
Responsibilities
  • Lead the financial planning and analysis (FP&A) function, including budgeting, forecasting, and long-term financial planning
  • Ensure timely and accurate preparation of financial information, including stand-alone financial statements as well as group reporting in accordance with GAAP
  • Oversee internal and external audits, ensuring compliance with regulatory requirements
  • Implement and maintain robust internal controls (SOX) to safeguard company assets and ensure financial accuracy
  • Oversee execution and ensure compliance and robust documentation related to internal controls on financial reporting
  • Oversee and report compliance and reporting to government agencies, including DCAA
  • Manage all accounting functions, including general ledger, accounts payable, and accounts receivable
  • Optimize financial processes and systems to improve efficiency and accuracy
  • Ensure proper accounting treatment of complex transactions specific to the semiconductor/photonics industry as well as inter-company transactions
  • Oversee cash flow management, including forecasting and liquidity planning
  • Lead, mentor, and develop a high-performing finance and accounting team
  • Foster a culture of continuous improvement, collaboration, and professional growth
  • Promote diversity, equity, and inclusion within the finance organization
  • Develop and track KPIs and report on financial performance to GMs and corporate
  • Collaborate with cross-functional teams to support business initiatives and drive financial performance
  • Build and maintain strong relationships with external and internal auditors, regulatory authorities, and corporate accounting team

Luminar Technologies develops advanced lidar systems and software essential for autonomous vehicles. Their lidar technology uses laser light to create detailed 3D maps of the environment, allowing self-driving cars to navigate safely. The company serves over 50 clients, including 8 of the top 10 global automakers like Volvo and Nissan, establishing itself as a key player in the automotive industry. Luminar's business model focuses on manufacturing and selling lidar systems to automotive manufacturers and suppliers, while also exploring applications in trucking and smart city projects. What sets Luminar apart from competitors is its strong partnerships and long-term contracts with major automotive companies, along with its commitment to meeting high performance and safety standards. The goal of Luminar Technologies is to make autonomous transportation safe and widely adopted by providing reliable lidar technology and software solutions.

Company Stage

IPO

Total Funding

$861.8M

Headquarters

Orlando , Florida

Founded

2012

Growth & Insights
Headcount

6 month growth

-4%

1 year growth

0%

2 year growth

19%
Simplify Jobs

Simplify's Take

What believers are saying

  • Luminar's partnerships with industry giants like Volvo and Nissan provide significant growth opportunities and market validation.
  • The launch of Sentinel software and the next-generation Halo lidar sensor positions Luminar as a leader in autonomous vehicle technology.
  • The company's financial success is driven by its ability to secure long-term contracts and its continuous innovation in lidar technology.

What critics are saying

  • The competitive landscape of autonomous vehicle technology is fierce, with giants like Tesla potentially eroding Luminar's market share.
  • High dependency on a few major clients could impact revenue stability if any partnerships are lost.

What makes Luminar Technologies unique

  • Luminar's focus on lidar technology and its partnerships with 8 of the top 10 global automakers, including Volvo and Nissan, set it apart from competitors in the autonomous vehicle space.
  • The launch of Sentinel software and the next-generation Halo lidar sensor demonstrate Luminar's commitment to continuous innovation and technological advancement.
  • Luminar's ability to secure long-term contracts and its involvement in diverse sectors like trucking, robo-taxis, and smart city projects diversify its market reach and revenue streams.