Director of Finance

Posted 11 hours ago

This is a fully remote position, open to applicants in Arizona, +3 more states.

📋 Description

• Take charge of finance and accounting processes as Efficient Computer's inaugural dedicated finance professional.

• Collaborate with the VP of Operations, CEO, department leaders, external accountants, auditors, and legal counsel.

• Create a consistent month-end closing schedule.

• Enhance visibility into cash flow and planned expenditures.

• Analyze departmental expenses and budgets.

• Manage the operating model, annual budgeting, rolling forecasts, departmental budgets, and variance assessments.

• Oversee accounting, tax, and compliance functions, which include the general ledger, revenue recognition, inventory and cost accounting, payroll, accounts payable, accounts receivable, billing, collections, R&D tax credits, Section 174 treatment, sales tax, and multi-state obligations.

• Project cash flow and handle treasury management, banking, insurance, capital commitments, debt facilities, and financing due diligence.

• Direct the finance systems strategy, controls, approval processes, documentation, and readiness for audits.

• Generate reports for the board and investors.

• Assist with equity administration, 409A updates, and cap table management.

• Develop a scalable finance function and prepare for future growth.


⛳️ Requirements

• Over 10 years of experience in finance and accounting, including responsibility for both closing processes and forecasting.

• Background in a capital-intensive industry, such as semiconductors or other sectors with significant long-term commitments prior to revenue generation.

• Experience in a fast-paced startup environment, ideally as an early or first finance hire.

• Ability to operate independently without a supporting finance team.

• Proven history of advancing a finance function without hindering the company's progress.

• Effective communication skills with engineers, executives, and board members.

• Willingness to be hands-on and perform tasks directly.

• Semiconductor or hardware industry experience is advantageous but not mandatory.

• CPA certification is a plus.

• Experience in conducting a company's initial audit is a bonus.

• Familiarity with implementing finance systems is a bonus.

• Experience preparing a company for IPO readiness or acquisition reporting standards is a bonus.


🏝️ Benefits

• 10% annual bonus.

• Meaningful equity opportunities.

• Comprehensive benefits package.

• 401(k) matching.

• Company-paid benefits.

• Paid parental leave.

• Flexible working arrangements.

• Opportunities for skill and career development.

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