VP Finance

Altruistiq

Altruistiq

Accounting & Finance
London, UK · Remote
Posted on Monday, January 29, 2024

At Altruistiq, we're on a mission to help businesses make a positive impact on the world. We believe that technology has the power to drive real change, and we're dedicated to building and deploying innovative products that enable carbon emissions measurement and reduction planning, better product development and design, and improved supply chain engagement. We are a team of passionate individuals who are committed to creating a values-driven company culture, and we're looking for like-minded team members who are excited about joining us on this journey to build a better future for the planet.

Read about our latest funding round below:

https://www.eu-startups.com/2022/07/london-based-altruistiq-raises-e17-6-million-for-its-climate-tech-software/

About the role:

Altruistiq is now in scale-up phase, to help take us to the next level of growth, we are looking for a VP of Finance. It's essential that you have experience in a previous start-up/scale-up. The VP of Finance will set up key processes to deliver a scalable finance function and lead us through our next stage of “hyper growth”. Reporting directly to the CEO this role involves strategic leadership for the finance function at Altruistiq.

Responsibilities:

  1. Financial Strategy and Planning:
  • Develop and execute financial strategies to support the company's overall business objectives.
  • Collaborate with the executive team to drive financial planning, budgeting, and forecasting processes.
  • Provide insights and recommendations to optimize financial performance and support decision-making.
  • Develop financial and tax strategies. Assess the financial efficacy of programmatic operations and establish finance and administrative systems to support operations.
  • Review and refine accounting policies, controls, procedures, and back-up documentation.
  1. Financial Reporting and Analysis:
  • Direct the preparation of all financial reports.
  • Analysing and presenting financial reports in an accurate and timely manner.
  • Communicate monthly, quarterly, and annual financial statements; monitor progress and changes, and keep the senior leadership team abreast of the organization’s financial status.
  • Oversee the preparation of accurate and timely financial statements, reports, and analyses.
  • Present financial results to the executive team and board of directors, highlighting key trends, opportunities, and risks.
  • Implement and maintain financial reporting systems to ensure transparency and compliance.
  • Build key financial analysis processes to ensure senior leaders across the business consistently have key financial metrics at their fingertips
  1. Cash Flow Management:
  • Manage the company’s cash flow and forecasting.
  • Develop a reliable cash flow projection process and reporting mechanism that includes a minimum cash threshold to meet operating needs.
  • Manage cash flow and liquidity to support operational needs and growth initiatives.
  • Implement effective cash management practices and optimize capital structure.
  1. Risk Management:
  • Identify and assess financial risks, proposing strategies to mitigate potential issues.
  • Establish and maintain robust internal controls to safeguard company assets and ensure compliance with regulations.
  1. Fundraising and Investor Relations: experience working closely on pitches with external investors to take Altruistiq through our next, very exciting stage of growth.
  • Work closely with executive leadership to prepare for fundraising activities, including due diligence processes.
  • Foster positive relationships with investors and provide regular updates on financial performance and strategic initiatives.
  1. Scaling Operations:
  • Support the scaling of the company by providing financial guidance on resource allocation, expansion strategies, and new market entry.
  • Collaborate with cross-functional teams to align financial goals with operational objectives.
  • Understand and mitigate key elements of the company's risk profile. Construct and monitor reliable control systems.

Role Requirements:

  1. Proven experience as a Finance leader in a scaling technology environment or other investment/finance focused role (e.g. Venture Capital; Investment Banking etc.).
  2. Strong understanding of SaaS business models, subscription-based revenue recognition, and other relevant financial considerations.
  3. Experience working with the UK and US accounting and tax requirements
  4. Demonstrated success in fundraising and managing investor relations.
  5. CPA, CA, CFA or other relevant professional certifications preferred
  6. Excellent communication and presentation skills.
  7. Ability to thrive in a fast-paced, dynamic startup environment.
  8. Advanced proficiency in financial modelling and analysis.

About You:

We envision the following skills and characteristics could serve you well in this role:

  • Problem solving: Proven track record of solving complex problems with a high degree of ownership and pragmatism
  • Analytical nature: Strong ability to solve tough analytical problems in structured ways and to bring data-backed perspectives to inform complex decision making
  • Financial acumen: High degree of comfort with financial statements and broader financial data

Our benefits include:

  • Options, we believe our team should all have a stake in the company we're building.
  • Free choice of equipment and a setup budget for your home office
  • A supportive culture to help you learn and develop into a better version of yourself, including a learning & development budget and policy.
  • Private health and dental insurance for you and your partner/family.
  • Generous pension contribution.
  • Unlimited holiday policy
  • Flexible working, remote-first, with a budget to join a shared working space wherever you live.
  • Access to mental health support and therapist through tools such as Spill and Headspace
  • We compensate your carbon footprint
  • Annual team offsites to spend time together as a team
  • Work in a diverse, feedback-driven organisation, decentralized decision making enabling everyone to weigh in, offering lots of freedom, impact as well as responsibility.

At Altruistiq we believe a diverse team is a better team.

We welcome you to apply, and if there are accommodations that can be made to make the application and interview process more accessible for you please just get in touch. We are committed to equal employment opportunity regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender, gender identity or expression, or veteran status. We are proud to be an equal opportunity workplace. If there are accommodations that can be made to make the application and interview process more accessible for you please just get in touch.