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2024 Pricing Survey

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Title

The VP of Finance will serve as a key member of the leadership team with responsibility over all aspects of the finance department and operations. This is a high visibility role that requires strong communication with cross-functional partners across the business.

When hiring, look for strategic and analytical insight, at all levels of the organization, and someone who can help transform the team, product offerings, and the company.


Hiring Scorecard

Experience

  • Proven senior finance executive with a successful track record serving as a finance leader within relevant companies that have successfully grown from early stage to broad commercial success. Relevant companies could exist within Cloud Native, Devops, Analytics/Data, Open Source ecosystems.  
  • Leader & mentor. Has built, scaled, and managed best-in-class finance organizations.
  • Excellent FP&A abilities with a strong strategic mind. Doesn’t just think about the numbers but more broadly understands how a finance leader should help support business decisions through financial modeling, pricing, etc. Can clearly serve as a strong business partner to the senior team & CEO.  
  • Comprehensive knowledge and successful experience in fundraising, capital markets, working with potential and existing investors, etc.  
  • Key personal traits: Passionate, Mission Driven, Thorough, Intelligent, Strategic, Forward-thinking, Tactical, Collaborative. Leads by example; a positive voice in the Company.

Accountability

Leader/ Builder
  • Act as an internal and external voice of the company relating to financial operations.
  • Build all internal infrastructure to effectively oversee fiscal activities including budgeting, forecasting, reporting, auditing, financial systems, etc.
  • Optimize and manage processes, reporting mechanisms, dashboards, etc., to help the Company make informed business decisions.

Operational/Knowledgeable

  • Develop strong operational intelligence to drive valuable insights for financial, cost, and expenditure management.
  • Single point of contact for the Company and Board relating to all financial questions.
  • Has the intellectual ability to quickly understand the nuances & complexities of our specific business model.

Business Partner

  • Serves as the key strategic financial partner to Jack.
  • Partner with the executive leadership team to help shape the Company’s profitability and direction as we strive to achieve growth from current state to $XXM over the next 3 years.

Communicator

  • Honest and straightforward communicator who projects confidence and instills trust across every level of the organization and all external parties.
  • Comfortable in giving and receiving feedback, both positive but more importantly, constructive criticism.  
  • Brings out the best in themselves and those around them.

Example Job Description

VP Finance

About the Role

COMPANY  is looking for a VP of Finance who has experience building and running a financial team and can take our $XXM company to the next level.

The VP of Finance will serve as a key member of our leadership team with responsibility over all aspects of our finance department and operations. This is a high visibility role that requires strong communication with cross-functional partners across the business. We value strategic and analytical insight, at all levels of the organization, and will depend on your work to help transform our team, product offerings, and the company.

About COMPANY

What you will do

  • Drive COMPANY ’s strategic financial planning; prepare budgets by establishing schedules; collecting, analyzing, and consolidating financial data; forecasting revenue and expenses, and recommending plans
  • Prepare reliable current and forecasting reports
  • Recommend investment strategies by considering cash and liquidity risks
  • Control and evaluate COMPANY ’s fundraising plans and capital structure
  • Ensure cash flow is appropriate for our operations
  • Oversee preparation and delivery of annual, quarterly, and monthly financial statements and related analyses to the management team, investors and Board of Directors
  • Review daily/weekly/monthly sales performance, highlighting material variances to expectation and resulting actions required. This includes defining, refining, and interpreting the financial impact of KPIs
  • Oversee and optimize all aspects of finance operations
  • Develop and maintain a high performing finance organization by hiring, training, mentoring, and retaining top talent
  • Update and implement all necessary business policies, accounting practices, and financial controls
What Will Set You Up For Success
  • Proven experience as a senior finance officer
  • Experience working at a high-growth start up, preferably with a Cloud native organization
  • Relishes the ten thousand foot view as well as rolling up sleeves to see the five-foot view
  • Excellent knowledge of data analysis and forecasting methods
  • In-depth knowledge of corporate financial policy, law, and risk management practices
  • Comfortable with ambiguity; strategic thinking and problem solving
  • Excellent communication skills
  • A track record of close partnership with senior leaders of an organization, influencing business decisions and strategy
  • Developing high performing teams, fostering collaboration, and creating a learning culture to stay ahead of the growth curve

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