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Director of Finance

2 months ago

Cincinnati, United States CoStrategix LTD Full time
Job DescriptionJob Description

Director of Finance


Summary

This opportunity is a hands-on, dual finance/operating role in a rapidly growing technology company. It will require you to switch frequently between tactical and strategic tasks. In a day-to-day role, you will oversee resourcing, invoicing, and vendor payments, ensuring cash flows and predictability. Simultaneously, in a strategic position, you will broadly anticipate, evaluate, and continually evolve an operating model primed for rapid scaling.

  • Would you like to join the leadership team of an innovative, high-growth technology company?

  • Can you be hands-on and switch to strategy depending on the context?

  • Are you passionate about learning, growing, and taking on new challenges?


Key Job Responsibilities:

  1. Develop and maintain financial planning rigor, including budgets and interim income and cash flow forecasts

  2. Provide financial analysis and decision support regarding new investments and business opportunities

  3. Oversee cash management and monitor cash management. Perform general accounting functions: recording journal entries/transactions, billing, accounts payable, accounts receivable, and reconciliation activities.

  4. Ensure a sound internal control environment, end-of-year taxes, audits, and other financial activities in compliance with state and federal laws.

  5. Oversee timely and accurate financial reporting and present results with insights to ownership and Board of Advisors.

  6. Review and negotiate vendor and service contracts. Manage relationships with banks, payroll, 401K third-party administrators, health insurance, and other such providers.

  7. Actively engage with the project delivery team and manage monthly billing forecasts, invoicing, and variance analysis. Determine process optimizations and implement them.

  8. Support HR & Talent function to ensure effective hiring, onboarding, and benefits management.

  9. Actively engage with sales and marketing to understand the sales pipeline and growth opportunities. Evolve operating and delivery processes to improve and ensure target profitability.

  10. Actively engage with India Engineering operations to forecast engineering resource allocation and monitor actual utilization through time-tracking monthly to ensure profitability.

  11. Develop a yearly budget and implement controls and policies.

  12. Implement and manage expense policies and processes.

  13. Implement internal data analytics dashboards for operations, finance, and other areas. Define, implement, and track key performance indicators for various organizational functions.

  14. Support related business functions, such as facilities management, procurement, contracts management, etc.


Education

  • SBA in Finance /Accounting or Business

  • Preferred MBA or CPA

Ideal Candidate Qualifications

  1. 10+ years of experience in a lead financial and operations role.

  2. Understanding software development required.

  3. Thorough understanding of software project profitability management, billing, pricing, and resource utilization in different engagement models (recurring, time and material, and fixed price models)

  4. Proven ability to implement quality assurance measures into financial operations

  5. Private equity and M&A experience is a plus.

  6. Works independently with the broader team on various operational/financial aspects.

  7. Hands-on experience with at least one billing or ERP system.

  8. Track record for meeting deadlines

  9. Aptitude for identifying and implementing process improvements

  10. Proficient in using Excel, Word, and other Microsoft Office applications

  11. Exceptional planning, organizational skills, and comfort with handling new tools and software applications.

  12. Must have strong verbal skills and presentation skills.

  13. A team player with excellent communication and interaction skills with CoStrategix Engineering teams.

  14. Must be flexible with working hours.

  15. You must live in the greater Cincinnati or N.Kentucky area.


About CoStrategix

CoStrategix is headquartered in Cincinnati, OH, with an engineering center in Bangalore, India.


CoStrategix defines and implements digital transformation initiatives, data & analytics capabilities, and digital commerce for customers. CoStrategix brings thought leadership, strategy, and full end-to-end technology implementation to organizations to transform and stay competitive in today’s digital world.

We provide services to strategize, consult, and design to build products, platforms, applications, data analytics, and Artificial Intelligence/Machine Learning solutions for our customers.