Head of Finance and Strategy

6 days ago


Cambridge, Massachusetts, United States Proton Full time
About Us:

The wholesale distribution industry is ready for a revolution, and Proton is leading the charge. The world relies on distributors to sell nearly every physical product, but despite its massive contribution to the global economy, this industry has been left behind in terms of technology. Proton is changing that. With AI-powered sales software, we're breaking through the complexity of selling millions of products and making it easier for distributors to anticipate customer needs. Our mission is to bring the distribution industry into the modern age and the results speak for themselves. Distributors using Proton see 10x ROI, faster new hire ramp-up, and happier sales teams. In 2022, we raised a $20M Series A backed by Felicis Ventures (investors in Twitch, Shopify, Opendoor, and many others) and Battery Ventures. This year, we're laser-focused on driving customer growth. If you're excited about the opportunity to wear multiple hats, and continuously learn and experiment, now's the time to join the Proton team.

The Role:

2025 is set to be a huge year for Proton. We just wrapped up our best year yet in 2024, and now we're going all in. Proton is looking for a Head of Finance & Strategy to join our fast-growing team. We are looking to hire someone in the greater Boston area who is open to a hybrid schedule. The position allows working from home two days per week.

What you'll do:
  • Partner with the CEO and leadership team to oversee financial operations and drive strategic initiatives.

    Strategic Planning & Execution:
  • Act as a thought partner to the CEO, helping to shape and refine Proton's long-term strategy.
  • Lead company-wide initiatives and projects that drive key outcomes and growth targets.
  • Develop and implement KPIs and OKRs to ensure the leadership team is aligned and executing on top priorities.
  • Lead competitive analysis and market research to inform business strategy.
  • Drive the creation and execution of key operational processes to scale the business.
  • Lead strategic initiatives such as exploring new markets, product expansions, or partnerships.
  • Prepare board and investor materials and present key financial and strategic insights.

Financial Strategy & Operations:
- Oversee all aspects of financial planning and analysis, including creating and maintaining budgets, forecasts, and financial reports.
- Prepare monthly budget vs. actuals reports and track key SaaS metrics (e.g., ARR, NDR, LTV).
- Develop financial models to support decision-making, board presentations, and fundraising efforts.
- Ensure financial compliance, including revenue recognition,bookkeeping, month close, and accounts payable.
- Manage the company's variable compensation and commission calculations.
- Administer company financial systems, including bank accounts, credit cards, and billing operations.
Ensure regulatory compliance for corporate tax, sales tax, and R&D tax credits.

- Operational Excellence:
- Optimize internal processes to improve efficiency and support Proton's growth.
- Partner with cross-functional teams to ensure seamless execution of strategic goals.
- Oversee administrative HR operations, including employee onboarding, payroll, and compliance with employment laws.
Maintain and update the company's capitalization table in coordination with legal counsel.

- Minimum Requirements
- At a minimum, a U.S. Master's degree in Business Administration or Finance, or the foreign degree equivalent.
- 2 years experience in the job offered or any related occupation.
- Experience implementing financial process improvements.
- Experience developing and applying quantitative methodologies to evaluate strategic alternatives.
- Experience conducting financial and operational ratio analysis.
- Experience building and managing client relationships with senior executives.

Salary Range: $155,000 – 190,000 USD per year

Benefits

  • Competitive Salaries + Company Stock Options - we want to pay you well (and equitably) and make you feel like an owner.
  • Unlimited PTO + 10 Company Paid Holidays - we even have tools implemented to detect burnout to make sure folks recharge regularly.
  • 401k with Employer Contribution (US only, for now) - we know work isn't forever, so we contribute up to 3% of your salary to help you prepare whether you directly contribute or not.
  • Medical, Dental, and Vision Insurance - we cover one medical plan 100% in the USA and cover a premium plan 100% for international employees (for US- this includes a HSA) and cover 50% for

    dependents on all our medical plan options.
  • 12 Weeks Fully Paid Parental Leave - that goes for primary and secondary caregivers; even if you're adopting or fostering
  • Company Paid off-sites - time for us to be together, brainstorm, and make magic happen


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