Description
We are seeking a highly skilled and strategic Head of Finance to join our team at City Innovate. This individual will be responsible for a wide range of financial duties including financial modeling, financial projections, and financial analysis. Additionally, the role encompasses responsibilities in financial accounting, planning, and reporting, ensuring the company's financial operations align with our strategic goals. This is a hybrid role so candidates must reside in the San Francisco Bay Area and be willing to come to the office 50% of the time.
Responsibilities
Financial Strategy and Decision Support:
- Provide strategic guidance to the Co-CEOs and executive team on financial matters to support key business decisions including pricing strategies, expansion plans, and investment opportunities
- Conduct financial analysis and scenario planning to assess the financial implications of strategic initiatives and potential risks
Financial Planning and Analysis:
- Oversee all aspects of financial management, including budgeting, forecasting, and financial reporting for all Business Units - including Revenue, Product, and Client Success
- Conduct scenario analysis to assess the impact of strategic initiatives
- Monitor and analyze financial performance, identifying areas for improvement and efficiency
Monthly and Quarterly Financial Reporting:
- Prepare accurate and timely monthly and quarterly financial statements, including income statements, balance sheets, and cash flow statements, for review by the board and key stakeholders with the aid of our Sr. Accountant
- Provide detailed analysis and insights on financial performance, variances, and key metrics to support decision-making
Risk & Compliance Management:
- Assess and manage financial risks, implementing effective risk mitigation strategies
- Ensure compliance with financial regulations, tax obligations and reporting requirements
Team Leadership:
- Develop and mentor finance team members to enhance their skills and contribute to organizational success
Collaboration:
- Collaborate with other executive team members to ensure alignment between financial strategies and overall business objectives
- Work closely with departments such as operations, technology, and marketing to facilitate cross-functional collaboration
Board Reporting and Communication:
- Prepare comprehensive board reporting packages, including financial reports, analysis, and strategic updates, for monthly and quarterly board meetings
- Present financial updates and insights to the board, responding to questions and providing recommendations as needed
Financial Systems and Technology Proficiency:
- Demonstrated experience in financial management software or systems, with a preference for candidates experienced in financial modeling tools, and analytics platforms
- Ability to leverage technology to enhance financial operations, data analysis, and decision-making processes
Internal Controls and Audit:
- Responsible for establishing and maintaining robust internal controls to ensure the integrity of the company's financial transactions and reporting
- Coordination with external auditors for annual audits, ensuring adherence to accounting standards and practices
Capital Structure and Financial Policies:
- Manage the company's capital structure, including debt and equity financing, to optimize financial strategy and shareholder value
- Develop and oversee financial policies and procedures to support operational efficiency and financial discipline
Strategic Partnerships and M&A Activities:
- Involved in evaluating and executing mergers, acquisitions, divestitures, or strategic partnerships, including due diligence and integration planning
Requirements
- Candidates must be located in the San Francisco Bay Area
- Proven experience as a Head of Finance or in a senior financial leadership role
- Experience in overseeing day to day financial operations within a tech or SaaS environment
- Strong strategic and analytical skills with the ability to make sound financial decisions
- Demonstrated success in fundraising and managing investor relations
- Exceptional analytical skills and strategic thinking ability
- Ability to communicate complex financial information in a clear and concise manner
- CPA or MBA in Finance is preferred
Benefits
- Salary Range: $172,000 - $200,000
- Medical, Dental, and Vision insurance paid for by City Innovate
- Retirement Plan
- Flexible PTO
- Home office stipend
