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Director of Finance
Magrathea Oakland, CA
$218k-296k (estimate)
Full Time 1 Month Ago
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Magrathea is Hiring a Director of Finance Near Oakland, CA

About Magrathea

Magrathea is a California technology company with a mission to radically reduce the socioenvironmental impacts of producing structural metal from natural resources. We are doing this by developing a new generation of electrolytic process technology for making carbon neutral magnesium metal from seawater and brines. We are backed by the most sophisticated energy and materials technology investors on Earth. This includes the earliest supporters of Tesla and SpaceX, a portfolio of major industrial families from across Europe, and the US federal government. Find out more on our website.

What’s in it for you?

You’ll be working with a global, diverse team of smart, creative people who are looking to challenge the status quo of today’s industry to positively impact the socioenvironmental impacts of making structural metal. Check out some of our team on Linkedin

There will be no waiting around, you’ll get stuck in from day one. This is a key role in our team, and you’ll be instrumental in driving the next steps of Magrathea’s technology. If you're passionate about pursuing and cultivating innovation through cutting edge technology, we should talk!

About the Role

Magrathea is seeking a strategy-minded, generalist Director of Finance who enjoys "rolling up their sleeves" to broadly support our capitalization and financing plans to commercial scale. Our innovative talent is one of the biggest drivers in our success, and talented people don’t always fit with rigid job descriptions or day-to-day responsibilities. However, we want to be transparent about what will be expected of this role. The Director of Finance will be a key player in the scale-up and design of our revolutionary electrolytic process technology. 

Role Expectations

  • Manage Magrathea’s financial information for a variety of stakeholders, including managing Magrathea’s books with external CPA support, preparing financial data for reporting to investors, and developing cashflow forecasts.
  • Assist the CEO in capitalizing future growth of Magrathea including preparing financial models and participating in fundraising activities.
  • Maintain and expand the scope of Magrathea’s economic models including discounted cashflow analysis for smelter projects.
  • Play a key role in strategic planning, including assessing product development opportunities and determining how Magrathea can leverage government incentives such as those created by the Inflation Reduction Act.
  • Collaborate with Magrathea’s CEO to maintain compliance with financial regulations and government contracts while maintaining a state of high capital efficiency across the organization for the post-ZIRP era.

Ideal Background

  • BS, MS, or MBA degree with at least 3 years of experience in a finance-related role
  • Creative and open-minded with the ability to rapidly learn
  • Demonstrated track record of working on a team to achieve audacious goals together
  • History of promoting company culture based on humility, transparency, respect, and care for the success of other team members

Compensation

  • Salary range: $100-$150k annually (commensurate with experience)
  • Competitive stock option package
  • Health insurance
  • 401k with pre- and post-tax investing options

How To Apply

Apply online through our website.

Anti-Discrimination

Magrathea is committed to providing a professional work environment free from discrimination and harassment, including discrimination and harassment based on a protected category, and an environment free from retaliation for participating in any protected activity. Magrathea is committed to providing equal employment opportunities to all employees and applicants for employment.

Job Summary

JOB TYPE

Full Time

SALARY

$218k-296k (estimate)

POST DATE

03/09/2024

EXPIRATION DATE

03/29/2024

WEBSITE

magratheainc.net

SIZE

<25

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If you are interested in becoming a Director of Finance, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Director of Finance for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

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A Director of Finance makes high-level decisions regarding a business’s health, leaving details for the finance and accounting departments.

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Finance Director, given additional responsibility for managing pricing, proposal development; supply agreement approval.

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Financial directors review any capital request and take on the approval process while the controllers of finance process the requests.

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The duties of a Director of Finance are to manage the financial and accounting control functions of an organization.

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They’re also commonly tasked with managing one or more corporate finance departments, such as accounting or payroll.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Director of Finance jobs

Becoming a director of finance requires a combination of education and relevant work experience.

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They must also be good team players, with management skills to lead the finance department.

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At least 10 years of accounting and finance experience.

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Create partnerships with the other stakeholders.

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The Finance Director should have strong people skills, be a team player and be a proficient multitasker.

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Step 3: View the best colleges and universities for Director of Finance.

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