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Flosum · 3 months ago

Director of Accounting and Finance, Saas

San Ramon, CA

Full-time

Onsite

Director/Executive

Flosum is an innovative SaaS organization seeking a seasoned finance professional to lead their accounting and finance functions. The Director will leverage financial analysis and strategic insights to drive decision-making, enhance operational efficiencies, and contribute to the company's growth trajectory.

DevOpsInformation TechnologyRoboticsSoftware

Growth Opportunities

Responsibilities

Expertise in preparing accurate financial statements (P&L, balance sheets, cash flow) in compliance with GAAP or IFRS

Ability to analyze financial performance, identify trends, and provide actionable insights to leadership

Deep understanding of SaaS-specific financial metrics such as MRR (Monthly Recurring Revenue), ARR (Annual Recurring Revenue), LTV (Customer Lifetime Value), CAC (Customer Acquisition Cost), churn rates, and cohort analysis

Ability to build and maintain financial models to forecast growth, profitability, and cash flow

Knowledge of SaaS revenue recognition principles and ability to ensure proper accounting of subscription revenue, renewals, and other contract-related income

Strong skills in budgeting, financial planning, and forecasting to align with the company's growth strategy

Ability to lead and manage the annual budget process and create rolling forecasts

Expertise in managing cash flow, liquidity, and working capital, with a focus on optimizing cash conversion cycles in a subscription-based business model

Proficiency in planning and managing capital requirements for growth initiatives

Ability to build, mentor, and lead a high-performing accounting and finance team, fostering a collaborative and efficient work environment

Experience in implementing effective workflows and improving team efficiency

In-depth knowledge of internal controls, audit processes, and regulatory compliance (SOX, tax regulations, etc.)

Oversee external audit processes and ensure timely filing of all regulatory financial reports

Expertise in corporate tax strategy, including income tax, sales tax, international tax issues, and transfer pricing as it relates to SaaS businesses

Ability to manage tax filings, ensure tax compliance, and collaborate with external tax advisors

Ability to implement and optimize financial systems to streamline operations and improve reporting accuracy

Ability to partner with executive leadership to provide strategic financial insights and recommendations

Proficiency in scenario planning and decision modeling to support long-term business goals

Experience preparing financial reports and presentations for investors, board meetings, and fundraising rounds

Ability to effectively communicate financial performance, projections, and strategies to external stakeholders

Strong strategic thinking and problem-solving skills to help drive the company's growth, scalability, and profitability

Ability to understand and navigate the nuances of the SaaS business model to guide financial decisions

Qualification

Financial statements preparationSaaS financial metricsFinancial modelingBudgetingForecastingCash flow managementRevenue recognition principlesInternal controls knowledgeCorporate tax strategyFinancial systems optimizationCommunication skillsProblem-solving skillsStrategic thinking

Required