SmartcarSM

Director of Finance

Smartcar’s vehicle APIs enable you to verify mileage, manage EV charging, issue digital car keys, track fleets, and much more.

Smartcar

Employee count: 1-10

Salary: 170k-200k USD

CA and US only
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Smartcar is on a mission to simplify how people securely connect their favorite apps and services to their cars. We build developer-friendly vehicle APIs so businesses can use a single integration to make their products available to cars across brands.
Founded in 2015, Smartcar has raised $36M from Andreessen Horowitz, New Enterprise Associates, and Energize Capital. We are now the leading developer platform for mobility businesses across North America and Europe, serving amazing customers such as Uber, Turo, NRG, Uplight, Emovis, and AutoNation.
Innovative mobility companies use our API platform to manage EV charging, verify mileage, issue digital car keys, monitor fleets, and much more.
As Smartcar’s Director of Finance, you will join the executive team to manage and scale our financial operations. In this role, you will be responsible for directing a team of finance professionals (Accounting Manager and FP&A Manager) and upper management throughout the organization on the overall planning, monitoring, evaluation, and reporting of the Company's financial performance. This involves developing and managing accounting and financial analysis procedures and identifying and prioritizing recommended actions.
In addition, the role conducts financial analysis, modeling, forecasting, and reporting efforts to ensure efficient financial operations. The Director of Finance will prepare and maintain metric-driven financial models to forecast and evaluate Company profitability and perform additional analysis as requested.
Feel free to check out what our interview process looks like.
All of our openings are remote, but we’re looking for our Director of Finance to based in CA, OR, WA. Typically, you’ll visit San Francisco 1-2 times per quarter. We’d love for you to join us.

Key Responsibilities

  • Manage Smartcar’s annual operating plan and budgeting process.
  • Build a clear, accurate, and reliable predictive forecast model for Smartcar, utilizing an understanding of financial reports, bookings, expenses, and cash flow.
  • Review analysis results, develop insightful suggestions for investment, cost reduction, and lead strategic business decision.
  • Identify key data sources and utilize data-driven insights about important departmental metrics to improve business decisions.
  • Track and report organizational key SaaS metrics such as MRR, ARR, NDR, Magic Number, Gross Retention, Net Retention, and more.
  • Coordinate, prepare, and analyze monthly, quarterly, and annual rolling forecasts and prepare reporting on actuals vs. budgeted results, including additional ad-hoc analysis on results.
  • Establish budget and operating benchmarks to assist in the preparation of monthly/annual forecasts.
  • Lead financial modeling and reporting for investors and potential fundraising.
  • Collaborate with the executive team to measure and optimize financial performance.

  • Booking Keeping and Taxes:
  • Lead Smartcar’s accountant and external CPA to ensure accurate bookkeeping.
  • Monitor payroll and manage quarterly commission payouts and other non-regular items.
  • Manage payments for compliances, taxes, insurance, legal, and other standard payments.
  • Manage filings with the city, state, and any other applicable registrations.
  • Collaborate closely with an external CPA to complete tax filings.

  • Order to Cash Lifecycle:
  • Lead the full Order to Cash lifecycle, including sales order creation, subscription creation, Accounts Receivable, collections, and revenue recognition tracking.

  • Management:
  • Coach, train, and mentor your team to achieve their career aspirations while maintaining high retention.

Who You Are

  • 10 + years of professional experience.
  • 5+ years of experience in leading accounting and FP&A functions at a venture backed B2B SaaS company.
  • Proficient knowledge of US GAAP, FASB ASC.
  • Advanced quantitative and analytical skills and high proficiency in Microsoft Excel or Google Sheets.
  • Strong financial modeling skills, along with an understanding of financial reporting and cash flow information.
  • Must be detail-oriented and able to balance multiple responsibilities and tasks while meeting deadlines.
  • Ability to act and operate independently with minimal daily direction to accomplish objectives.
  • Previous experience working in QuickBooks Online.
  • Analytical mindset with a strong attention to detail.
  • Bachelor's degree in Finance, Accounting.
  • Strong written and verbal communication skills.

Nice-to-Haves

  • Ability to work cooperatively and collaboratively with all levels of employees, management, and outside parties to maximize performance, creativity, problem solving, and results.
  • Experience with subscription management tools such as Metronome, Recurly, ChargeBee, etc.
  • Experience using Mosaic, Salesforce, etc.
  • Experience with contract creation and e-signing tools such as PandaDoc, HelloSign, etc.
  • CPA license recommended but not required.

Manager

Your Team

Compensation and Benefits Package

  • Base salary determined by years of experience: $170,000 - $200,000.
  • Equity.
  • Remote work within the United States.
  • Health, Dental and Vision covered at 90% for all plans and 80% coverage for dependents, which amounts to approximately 11 thousand dollars a year.
  • 401K matching at 4%.
  • Unlimited PTO.
  • Wellness stipend of $50 a month.
  • Cell phone and Internet stipend of $50 a month.
  • $300 yearly learning and development stipend.
  • $350 work-from-home stipend.
  • 8 weeks of 100% paid parental leave with an additional 4 weeks unpaid, 1-week half day ramp back time and a 5 week Factor subscription.
  • 10 days of paid bereavement leave.

Expected Hours

  • You are free to work standard work hours for your time zone.
  • One important note: Most of the team is based on the west coast therefore please expect to be available between the hours of 9AM and 4PM PT for outreach or meetings. We will do our best to ensure meetings are not late in your evening, but will not always be able to do so.

Sponsorship

  • We do not currently support any new sponsorship opportunities or sponsorship transfers for this role.

Recruiter For This Role

Smartcar is an equal opportunity employer and values diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
If you have a disability or special need that requires accommodation, please do not hesitate to reach out, in confidence, to [email protected] with how we can help make your interview process as comfortable as possible and how we can provide reasonable accommodations.

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About the job

Apply before

Jun 14, 2024

Posted on

Apr 15, 2024

Job type

Full Time

Experience level

Executive

Salary

Salary: 170k-200k USD

Location requirements

Hiring timezones

Canada +/- 0 hours, and 1 other timezone

About Smartcar

Learn more about Smartcar and their company culture.

View company profile

While software has disrupted every other industry for more than a decade, innovation in the mobility space is still surprisingly slow. Today, 80% of cars sold in the U.S. feature built-in internet access, but the software and APIs that would allow apps to communicate with those cars are still fragmented and proprietary to each car brand.

Smartcar is leading the way to open up access to those APIs, powering a new community of innovators in the mobility space. Auto insurance providers use our platform to verify their customers’ mileage and charge lower premiums. Governments implement ways to tax drivers more fairly. Car sharing businesses offer contactless rentals with digital keys. EV charging networks make owning electric vehicles more convenient and affordable. Electric utility providers manage their customers’ EVs to balance the grid and prevent power outages.

By making it easy to connect to their customers’ vehicles, Smartcar allows businesses to focus on what’s important: building the future of mobility.

Employee benefits

Learn about the employee benefits and perks provided at Smartcar.

View benefits

Bereavement leave

10 days of paid bereavement leave.

Learning and development budget

$300 yearly learning and development stipend.

Retirement benefits

Generous 401(k) with 4% match to help you invest in your future.

Equity benefits

Every employee gets equity, so you are rewarded for your best work.

View Smartcar's employee benefits
Claim this profileSmartcar logoSM

Smartcar

Company size

1-10

Founded in

2014

Chief executive officer

Sahas Katta

Employees live in

View company profileVisit smartcar.com

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