Remote Position

[Remote] VP/SVP, Finance

๐ŸŒ Remote ยท United States ๐Ÿ’ผ Full-time

Note: The job is a remote job and is open to candidates in USA. Backstory (formerly People.ai) is hiring a VP/SVP of Finance to lead finance end to end for its enterprise B2B software business. The role owns financial planning, accounting, and cash management; advises the CEO and executive team on strategy; and supports board and investor reporting.

Responsibilities

  • Own the annual budget, scenario modeling, and rolling forecasts for revenue, headcount, opex, and cash, tied directly to how each part of the business plans and operates
  • Deliver monthly and quarterly reporting with plan-to-actuals, and partner with each operating leader to highlight and understand the drivers behind their results
  • Partner with Sales, Customer, Marketing, and Product leaders on investment trade-offs as we move from a cash-flow-neutral business to growing cash flow
  • Provide leadership and the board with guidance on our financial trajectory in out quarters
  • Serve as the CEO's and executive team's trusted financial advisor on strategic decisions
  • Prepare board materials and investor reporting with the CEO, and serve as the primary contact for routine investor reporting and information requests
  • Prepare the company for its next funding event
  • Keep the company audit-ready: audited financials, clean metric definitions, and an organized data room
  • Partner with Product on pricing and packaging, modeling the revenue, margin, and customer impact of each SKU
  • Build predictable forecasting across our subscription base and its usage-based element
  • Set revenue recognition policy for commits, prepaid credits, overages, and unused commitments, including allocating contract value between subscription and usage components
  • Keep clear definitions for the metrics we report: ARR (recurring vs. variable), committed vs. consumed revenue, net dollar retention, and RPO
  • Model and govern gross margin, including inference, cloud, and model-vendor costs
  • Assist deal desk for enterprise contracts: non-standard terms, discount governance, and contract review
  • Design sales compensation with Sales and People, including how subscription, commits, and usage are credited, and its accounting treatment
  • Oversee billing and collections for hybrid contracts
  • Ensure a timely, accurate monthly close and GAAP-compliant financials
  • Own and improve internal controls, policies, and procedures as we scale
  • Oversee AP, AR, payroll, revenue recognition (ASC 606, including variable consideration), and the general ledger
  • Manage external auditors and tax advisors, and ensure compliance with tax filings, sales tax nexus, and other regulatory requirements
  • Own cash flow forecasting, liquidity management, banking relationships, and treasury operations
  • Monitor burn and runway, and flag risks or opportunities early
  • Manage working capital across billing, collections, and vendor terms
  • Lead and shape a lean finance team
  • Partner with the VP of People on headcount planning, compensation and equity (409A, refresh pool, retention equity), benefits costs, payroll, and HR systems
  • Build scalable finance systems, BI and reporting tools, and close processes

Skills

  • 8+ years of progressive finance leadership, currently as an SVP of Finance or as a VP of Finance ready to step up
  • Experience across the whole finance function, with real depth in FP&A and a track record of connecting planning back to how the business runs
  • Time at a productized, enterprise B2B software company of 50Mโ€“ 100M ARR, with a subscription or platform model and larger enterprise deals, run on ARR rather than recognized revenue alone
  • A disciplined operator who has taken a business from cash-flow neutral to growing cash flow
  • A track record of building finance teams, with the judgment to assess talent across accounting, FP&A, treasury, and AP/AR
  • Fluency in SaaS metrics and how they connect to financial performance
  • Hands-on ownership of the monthly close, GAAP reporting, internal controls, and revenue recognition (ASC 606)
  • Experience managing external auditors, tax advisors, and banking relationships
  • A player-coach who sets direction and rolls up their sleeves on modeling, close, or analysis when needed
  • Sees Finance as a partner to growth functions, not a gatekeeper
  • A sharp, clear communicator who translates the numbers into clear implications and decisions for operating leaders and the CEO
  • A collaborative peer who reads the exec room, gives space when needed, and claims the mic when needed
  • A steady presence for a team coming through a leadership transition
  • Experience in revtech or CRM
  • Experience with hybrid subscription-and-usage models, and with finding predictability in variable revenue
  • Understanding of AI and cloud cost structures and how they drive gross margin
  • Active involvement in a strategic exit before, during, and after close
  • Experience supporting a capital raise or debt facility

Company Overview

  • People.ai is now Backstory. Visit backstory.ai to learn more. It was founded in 2016, and is headquartered in San Francisco, California, USA, with a workforce of 201-500 employees. Its website is https://www.backstory.ai/.
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