Director of Finance

Cambridge, MA
Finance /
Full-Time /
Hybrid
Director of Finance – Job Description

About the job
The Director of Finance leads the finance and accounting function at Pickle Robot, and will be expected to begin in a hands-on capacity and then to grow and scale the finance and accounting team to meet the company’s needs, rapidly at times.  They will partner with the Company’s top executives and other managers to mesh Pickle’s operational requirements and opportunities with sound financial management.  They will be depended upon to uphold, and be an example of, the highest level of integrity and dependability in their work product and initiatives.  The successful candidate will possess both a high level of financial management skill and strong interpersonal & communication skills, and be comfortable in a fast-paced environment. 
The job is based at Pickle’s headquarters in Cambridge, Massachusetts, and a hybrid in office/work from home working model is available.  The position reports to the Chief Operating Officer.

Responsibilities

    • Financial Reporting: Prepare monthly, quarterly and annual financial statements suitable for board and investor consumption, as well as detailed financial reports and analysis for Company management.
    • Financial modeling: Establish and periodically update pro forma profit and loss statements, cash flow projections, and other financial models to support strategic decision-making.
    • Financial strategy: Participate with the executive team in formulating financial strategy for the company, including business model, capital formation and financial structure.
    • Revenue, Expense and COGS accounting practices:  Establish sound accounting practices consistent with the company’s financial strategy around revenue management, capitalization or expensing of assets purchases and R&D spending, and COGS allocation.
    • Budget Process: Lead the annual budget process, including coordinating budget submissions, provision of support to budget managers, obtaining approvals, and ensuring alignment with strategic objectives.
    • Budget vs Actuals Analysis: Prepare and analyze budget vs actuals reports for overall company performance as well as departmental performance, identifying variances and providing insights to management and individual budget managers.
    • Budget Revisions: Facilitate budget revisions as necessary based on changing business conditions, strategic priorities, and performance trends.
    • Bookkeeping Oversight: Oversee bookkeeping function, ensuring accurate and timely recording of financial transactions.
    • Tax Management: Manage relationships with external tax preparer firm, ensuring compliance with tax regulations, timely filings, and optimizing tax strategies to minimize liabilities.
    • Cap Table and Option Exercise Management: Maintain accurate records of capitalization table and manage employee stock option exercise process.
    • Treasury Management: Oversee all aspects of treasury management, including cash flow forecasting, liquidity management, and investment strategies to optimize financial performance.

Qualifications

    • Bachelor's degree in Finance, Accounting, or related field; MBA, CPA or Masters degree in Finance or Accounting preferred.
    • 4+ years of experience in finance or accounting in a management role.
    • Experience in an accounting capacity in a manufacturing firm.
    • Experience hiring and managing finance and accounting staff.
    • Strong understanding of financial principles, corporate finance best practices, and accounting standards.
    • Proven track record of leading budgeting processes, financial analysis, and financial reporting.
    • Excellent communication skills with the ability to present complex financial information to non-financial stakeholders.
    • Detail-oriented with strong analytical and problem-solving abilities.
    • Proficiency in financial modeling and analysis tools, as well as accounting software systems.
    • Prior experience in a venture-backed startup strongly preferred.