What are the responsibilities and job description for the Director of Accounting and Finance, Saas position at Flosum?
ABOUT YOU
You are a seasoned finance professional with a robust background in financial analysis within the SaaS industry. With a proven track record of navigating complex financial landscapes, you excel in leveraging data-driven insights to drive strategic decision-making and enhance operational efficiencies. Your proficiency in Salesforce and other financial management software enables you to streamline processes and extract meaningful financial metrics effortlessly.
Your strong analytical acumen and innate problem-solving skills empower you to tackle intricate financial challenges with precision and foresight. Coupled with your exceptional communication and negotiation abilities, you adeptly collaborate with cross-functional teams and stakeholders to achieve consensus and drive initiatives forward. You thrive in dynamic environments, adeptly managing multiple priorities while consistently delivering high-quality results within established deadlines.
As a forward-thinking leader in finance, you are poised to make a significant impact within our innovative SaaS organization, contributing to our growth trajectory and reinforcing our commitment to financial excellence and operational integrity.
What You’ll Do
Reporting to the CEO as Accounting and Finance Director, you will work across these functions:
Key Skills for Director of Accounting and Finance (SaaS)
- Expertise in preparing accurate financial statements (P&L, balance sheets, cash flow) in compliance with GAAP or IFRS.
- Ability to analyze financial performance, identify trends, and provide actionable insights to leadership.
- Deep understanding of SaaS-specific financial metrics such as MRR (Monthly Recurring Revenue), ARR (Annual Recurring Revenue), LTV (Customer Lifetime Value), CAC (Customer Acquisition Cost), churn rates, and cohort analysis.
- Ability to build and maintain financial models to forecast growth, profitability, and cash flow.
- Knowledge of SaaS revenue recognition principles and ability to ensure proper accounting of subscription revenue, renewals, and other contract-related income.
- Strong skills in budgeting, financial planning, and forecasting to align with the company’s growth strategy.
- Ability to lead and manage the annual budget process and create rolling forecasts.
- Expertise in managing cash flow, liquidity, and working capital, with a focus on optimizing cash conversion cycles in a subscription-based business model.
- Proficiency in planning and managing capital requirements for growth initiatives.
- Ability to build, mentor, and lead a high-performing accounting and finance team, fostering a collaborative and efficient work environment.
- Experience in implementing effective workflows and improving team efficiency.
- In-depth knowledge of internal controls, audit processes, and regulatory compliance (SOX, tax regulations, etc.).
- Oversee external audit processes and ensure timely filing of all regulatory financial reports.
- Expertise in corporate tax strategy, including income tax, sales tax, international tax issues, and transfer pricing as it relates to SaaS businesses.
- Ability to manage tax filings, ensure tax compliance, and collaborate with external tax advisors.
- Ability to implement and optimize financial systems to streamline operations and improve reporting accuracy.
- Ability to partner with executive leadership to provide strategic financial insights and recommendations.
- Proficiency in scenario planning and decision modeling to support long-term business goals.
- Experience preparing financial reports and presentations for investors, board meetings, and fundraising rounds.
- Ability to effectively communicate financial performance, projections, and strategies to external stakeholders.
- Strong strategic thinking and problem-solving skills to help drive the company’s growth, scalability, and profitability.
- Ability to understand and navigate the nuances of the SaaS business model to guide financial decisions.
Nice to Have
- Experience with selecting auditors and managing audit processes
- Experience working with outsourced bookkeepers
- Knowledge of SFDC
- Startup experience, working in fast-paced environments
Compensation and Benefits
- Competitive salary and benefits package
- Comprehensive health benefits from the first day, including medical, dental, vision, HSA, and mental health support
- 401K retirement savings plan to support long-term financial security
- Unlimited flex time off plan, including all major U.S. holidays, for optimal work-life balance
- Flexible work hours
- 100% remote-working environment, allowing flexibility in location
- Monthly capped reimbursement for phone and internet expenses to facilitate remote work arrangements
We maintain a commitment to equal employment opportunities, ensuring that all individuals are treated fairly and without discrimination in terms of employment opportunities, conditions, and practices. Our company upholds this principle regardless of race, age, gender, religious or political beliefs, national origin or heritage, disability, sexual orientation, or any other characteristic protected by applicable law.