Head of Finance

Posted Yesterday
Hiring Remotely in United States
Remote
180K-225K Annually
Senior level
Logistics • Software
Automated electronic component procurement and inventory management
The Role
The Head of Finance will lead financial planning, modeling, and operational processes. Responsibilities include developing financial strategies, overseeing budgeting, optimizing AP/AR systems, delivering financial reports, and ensuring compliance with regulations.
Summary Generated by Built In

Cofactr is on a mission to empower those who get the critical work done. We're bridging the gaps left by traditional supply chain management solutions, creating a seamless link between Product Lifecycle Management (PLM) and Manufacturing Execution Systems (MES) through our innovative BOM to Build Platform, specifically tailored for Hardware innovators. Our platform revolutionizes the technical hardware supply chain by ensuring it is precise, efficient, and effortlessly manageable. As a proud member of the Y Combinator W22 cohort, we've seen our revenue grow consistently, supported by substantial venture funding from esteemed VCs, including Bain Capital Ventures.


The Team

At Cofactr, we're committed to fostering efficiency, scalability, and innovation. We are transforming the landscape of hardware manufacturing with our comprehensive ecosystem of supply chain tools, designed to streamline processes and enable new possibilities.


The Role

We are looking for a strategically and systems-minded Head of Finance to lead our financial planning, modeling, and operational processes. This role is ideal for someone with experience in building and optimizing financial systems and processes that support sustainable growth. They bring deep expertise in navigating the complexities of hybrid business models, seamlessly managing both recurring revenue streams and more intricate financial structures.


What You’ll Do:

  • Develop and oversee financial operations, strategy, forecasting, and scenario modeling to drive sound decision-making and achieve company objectives.
  • Lead budgeting processes and establish robust planning frameworks to support operational and strategic goals.
  • Design and implement improved Accounts Payable (AP) and Accounts Receivable (AR) systems, ensuring scalability and efficiency.
  • Deliver timely, accurate, and actionable financial reports to internal and external stakeholders, ensuring clarity on business performance.
  • Leverage experience in SaaS and non-SaaS models to optimize financial structures across a range of revenue streams.
  • Serve as the primary liaison between external accountants, the part-time bookkeeper, and internal teams to ensure smooth operations and compliance.
  • Ensure financial processes comply with regulatory requirements and proactively manage financial risks.

What We’re Looking For:

  • Experience in strategic finance roles, preferably within both SaaS and non-SaaS businesses, including startups or high-growth companies.
  • Hands-on experience managing financial operations for businesses with diverse revenue streams.
  • Proficiency in financial modeling, planning, budgeting, and reporting with the ability to derive insights from data.
  • Demonstrated success in designing and optimizing AP/AR systems and financial workflows.
  • Exceptional analytical and problem-solving skills with a strategic mindset.
The Company
HQ: Brooklyn, NY
15 Employees
Hybrid Workplace
Year Founded: 2021

What We Do

Innovative hardware teams use Cofactr to automate electronic component procurement and inventory management, moving spreadsheets and shelves to cloud software and secure offsite storage.

We're a Y Combinator W22 company with growing revenue and backed with significant venture funding from VCs like Bain Capital Ventures.

Why Work With Us

The Cofactr team is innovative, creative, and collaborative, with diverse professional backgrounds and a passion for solving big problems. Our team members are energized by the opportunity to make one of the most complex challenges in the world, the global electronics supply chain, into a scalable and intuitive tool.

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