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Head of Finance

💰 $200 - $3 📅 05/08/2024

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Product Software Engineer

💰 $70,000 - $120 🌍 Tulsa 📅 06/17/2024

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Job Description

Volt is transforming the massive and rapidly growing communications platform
industry ($400B). Backed by some of the world’s leading venture capital
investors, we are on an ambitious mission: To make leveraging communication
infrastructure easy for software companies. Our work is to improve the
developer experience and lower the total cost of ownership by building a fully
managed messaging infrastructure stack so that software teams can focus on
building applications that delight users.

**About the Role**

Volt is hiring a Head of Finance to lead our finance department. As this will
be a new department at Volt, you’ll play a critical role in laying the
foundation for our company’s financial health and increasing profitability in
the long run. You will be challenged to help build our cash management
policies and prepare Volt for continued rapid growth. You will support every
department in maintaining budgets, forecasts, accounts payable, and accounts
receivable, as well as strategic modeling of pricing models as we launch new
features. You will report directly to the CEO and be expected to communicate
with board members and investors regularly.

**Where**

We are remote-first. If you’re local, our office is open and available to you
— we are based out of the One Technology Center in downtown Tulsa, Oklahoma.

**About us:**

* We are a small, quickly growing team of relentlessly resourceful entrepreneurs and startup veterans.
* We are building a growth-oriented, inclusive, passionate team that learns while doing and challenges each other to accomplish extraordinary things.
* We believe in ownership and transparency. We all take responsibility, and no team member will ever need permission to make a difference for our team or our users.

**Requirements**

**What We Look For**

As Head of Finance, you will:

* Forecast monthly, quarterly, and annual results.
* Approve or reject budgets and evaluate and decide on investments.
* Enable Volt to scale by thinking 6-12 months ahead, anticipating the roadblocks that come with growth, and setting the team up for success to navigate them with ease.
* Providing tools for organization-wide transparency into financial tracking and controls, including, but not limited to, 13-week cash flow models.
* Be responsible for cash management. Develop scalable systems and policies to ensure the team has the resources it needs while remaining financially responsible.
* Conduct risk management and proactively mitigate the risks identified
* Come up with credit policy for major accounts
* Supervise and manage our external accounting team.
* Conduct profit and cost analyses.
* Work closely with sales to optimize our pricing models and create policies to maintain margin targets for contract negotiations.
* Be responsible for quarterly financial reporting to the investors and board members.
* Ensure all accounting activities and internal audits comply with financial regulations.
* Recommend cost-reducing solutions.

**Who you are:**

You are someone who wants to take on a lot of ownership, experience
exponential personal growth every month, and work with talented,
collaborative, and friendly people who love what they do. You have an
excellent software startup financial management background and can manage
complex organizations and executive relationships with a partnership-oriented
mindset. You have a track record of successfully executing against significant
revenue targets involving large and complex customers. You have the ability to
lead and communicate cross-functionally with sales, operations, product, and
other departments. You thrive in an environment without a set playbook and are
excited to build a finance department from scratch.

Someone with a demonstrated track record of the following:

* BSc/BA in Accounting, Finance, or relevant field.
* MSc/MBA or relevant certification (e.g., CFA/CPA) is a plus.
* Proven work experience as a Head of Finance, Director of Finance, or similar role.
* Ability to act with integrity, professionalism, and confidentiality.
* Ability to set strategy and effectively execute.
* Has raised venture capital through Series B.
* Has led the process for an exit.
* Has headed up investor relations.
* Has been the point person for preparation of Board Meetings and presenting on financials during the board meetings.
* In-depth understanding of cash flow management, bank reconciliation, and bookkeeping.
* Excellent knowledge of data analysis and forecasting models.
* Hands-on experience establishing and managing processes for financial planning, quarterly and annual budget allocation, company finance forecasting, and risk management.
* Analyzing and communicating key financial insights and high-level recommendations to management to facilitate effective company scaling.
* Proficiency in accounting software with the ability to find and implement new software when needed.
* Solid analytical and decision-making skills.
* Leadership abilities.
* Competent collaborator and ability to thrive in a fast-paced and dynamic environment.

**Benefits**

This will be a salaried position. Volt provides health, dental, vision, and
life insurance at no extra cost to employees. The salary range for this
position is $120,000 to $160,000.