Vice President of Finance

iboss
Seattle, WA Full Time
POSTED ON 4/15/2024

Company Overview

iboss is a cloud security company that enables the modern workforce to connect securely and directly to all applications from wherever they work. Built on a containerized cloud architecture, iboss delivers security capabilities such as SWG, malware defense, RBI, CASB, and data loss prevention to all connections via the cloud, instantaneously and at scale. This eliminates the need for traditional network security appliances, such as VPNs, firewalls, and web gateway proxies, which are ineffective at protecting a cloud-first and mobile world. Leveraging a purpose-built cloud architecture backed by 230 issued and pending patents and more than 100 points of presence globally, iboss processes over 150 billion transactions daily, blocking 4 billion threats per day. More than 4,000 global enterprises trust the iboss Cloud Platform to support their modern workforces, including a large number of Fortune 50 companies. To learn more, visit https://www.iboss.com/.

At iboss, we believe that exceptional employees are the key to our success. Our teams are hands on, diverse, nimble, and highly empowered to drive excellence. Come be a part of the team that will transform the way cybersecurity is delivered!

Job Description


Reporting directly to the Chief Executive Officer, the VP of Finance will be responsible for building and leading a world-class finance organization and will work cross-functionally to develop a sound financial model for the company and drive alignment to that plan. iboss is looking for a finance leader who can serve as a strategic financial advisor to the CEO and executive team for strategic planning purposes. This person will oversee all sides of accounting operations, including payables, receivables, payroll, tax preparation, and audit readiness.

Responsibilities


  • Responsible for managing and growing the global Finance organization to support the company’s revenue growth and expense management objectives
  • An expert understanding of GAAP, cash basis, and accrual basis accounting. They will have experience with interstate and international financial operations and taxation issues as well as in-depth knowledge of financial benchmarking, accounting including cost accounting, revenue recognition, audit, tax compliance including relating to equity compensation, and other regulatory matters.
  • Oversight and accountability for all aspects of accounting: revenue accounting, general accounting, payroll, cash management and treasury, equity accounting and tax compliance and the month-end close process
  • Direct, coordinate, maintain and control the company’s accounting and reporting in accordance with US GAAP as well as with corporate policies and procedures.
  • Assess, implement and monitor all internal control practices including accuracy of system reports used for financial reporting and direct department policies and procedures.
  • Prepare, maintain, and report internal and external financial records and analysis
  • Establish and maintain financial records in accordance with US GAAP and compliance with internal controls
  • Ensure proper revenue recognition of complex multi-element activities, SaaS revenue model. Strong handle of ASC 606 and record of implementing complex revenue recognition models.
  • Prepare timely, complete and accurate information, metrics and reporting analysis for management and investors
  • Be involved in future M&A, fundraising, valuation, portfolio management, accounting & filings, including the integration of financial reporting.
  • Coordinate quarterly reviews and annual audit with Big 4 external auditors as well as managing relationships with those auditors
  • Support FP&A related activities and assists in the preparation of operational budget process
  • Provide leadership to accounting team through effective objective setting, delegation, and communication
  • Oversee the strengthening of financial operations, internal controls and reporting processes
  • Maintain proper SaaS accounting principles, practices and procedures
  • Maintain daily cash position report, cash forecasting model and cash flow projections
  • Maintain Cap Table and other aspects of stock option program
  • Serve on the Executive Team as the principal voice of the Finance organization, creating and nurturing a highly effective feedback loop between Finance and all other departments

Qualifications

  • Proven success shaping and maintaining the accounting and finance operations and reporting as a Finance Leader in a public company, pre-IPO company or in public accounting.
  • Solid knowledge of US GAAP and compliance with proven hands-on technical and operational accounting experience and financial expertise with public entities
  • Proven leadership skills inspiring great results with positive attitudes in a fast-paced team environment able to influence, train and mentor staff to achieve objectives
  • Demonstrated business operations orientated person with strong analytical skills
  • Established and detail orientated self-starter with experience working in a hands-on environment able to prioritize workload and provide solutions and able to navigate through the complex structure, systems, and processes
  • Experience identifying areas for improvement and implementation of more effective and efficient processes and strategies
  • Passion for technology and genuine desire to make meaningful contributions on a team with big aspirations
  • Excellent oral and written communication skills
  • 8 to 15 years of progressive experience, including a minimum of 4 years of management experience
  • Experience with ERP system implementations
  • BA/BS required, MBA, MSA or CPA strongly preferred
  • Proficiency in Excel and PowerPoint required
  • Experience with NetSuite or other SAAS ERP
  • Previous experience with SaaS/subscription business models preferred

Benefits


  • Health, Vision, Dental
  • 401K with company match
  • Paid Time Off (PTO)
  • Short term and Long Term Disability
  • Company paid holidays
  • Supportive and FUN work environment

The duties and responsibilities described above are essential functions of the job.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, status as a veteran, or as an individual with a disability.

  • This position is not eligible for sponsorship of work visas

Salary.com Estimation for Vice President of Finance in Seattle, WA
$257,623 to $417,696
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