Head of Finance, Chef Robotics
$100-200k
Autonomous cooking robot developer
Job no longer available
Autonomous cooking robot developer
21-100 employees
Job no longer available
$100-200k
21-100 employees
Company mission
To accelerate the advent of intelligent machines in the world to empower humans to do what humans do best.
Role
Who you are
- BA/ BS in Accounting, Finance or Business Administration. CPA is preferred but not required
- 10+ years of experience in progressive roles, leading and building a finance and accounting organization
- Have supported or led venture capital fund raising rounds
- Experience with hardware companies with inventory and supply chain
- Ideally, experience with a recurring revenue model and revenue recognition
- Broad-based operational experience covering all aspects of the monthly, quarterly, and annual close, internal, and external audits
- Familiarity with a startup environment including equity grants and cap table management
- Experience with integrated systems including payroll, purchasing, payables management, and Billing/Accounts Receivable with a strong understanding of ERPs
- Strong hands on experience of the full cycle of AP, Order to Cash, and Payroll functions. Broad understanding of business processes and all areas of accounting
- Experience managing critical projects such as system implementations, ERP system enhancements, and system upgrades
- Demonstrated organizational skills and excellent oral/written communication skills
- Strong leadership, team building and interpersonal skills. Demonstrated ability to partner productively in a cross-functional capacity
- Self-motivation and a results oriented approach
What the job involves
- We are seeking a full-time Head of Finance. This is a highly visible hands-on role, responsible for overseeing the finance and accounting operations, providing technical accounting expertise, and advising senior leadership on financial priorities
- You will oversee and contribute to the planning and coordination of all finance and accounting functions, including well-defined budgeting and forecasting processes
- Importantly, you will serve as a partner to executive leadership and external investors, through your accurate and timely financial and operational reports and metrics
- Oversee and contribute to the day-to-day operations of the accounting team including Accounts Payable, Accounts Receivable, Revenue Recognition, Inventory Control & Management, Purchase Order Processing, Payroll, Tax, and Treasury and Equity Management
- Ensure timely and accurate monthly close process and preparation of financial statements
- Run the annual budgeting and planning process, and ongoing forecasting process. Monitor progress and changes to keep senior leadership team abreast of the organization’s financial status
- Manage bookkeeping for the company and responsible for timely filing of Federal & State Income Tax Returns (annual) and Sales & Use Tax Returns (annual & quarterly)
- Help maintain and update company budgets and match against actuals on a monthly basis
- Coordinate with other teams to ensure timely recording of transactions and the completeness and accuracy of all financial reporting
- Management of organizational cash flow and cash flow forecasting.Help reduce cash burn and keep cash burn low
- Perform monthly cycle counts and annual count of inventory and ensure inventory counts reconcile with actuals
- Help maintain and update the company financial model. Analyze the company's performance and risks and perform the financial planning based on the analysis results
- Lead investor reporting and relationships for all financial matters
- Be the financial lead in future fund raising rounds
- Find methods of acquiring low-cost debt/capital and close low cost debt to pay for robotics as a service
- Lead assessment of software and other tools needed for financial management
- Support people operations with financial resources for benefits, time keeping, PTO, etc
- Manage all insurance requirements for the company
- Lead building out the accounting team
- Update and implement all necessary business policies, accounting practices, and financial controls. Ensure effective internal controls and safeguards over company assets, receipt of revenue, payments of authorized expenses, compliance with contractual obligations, and compliance with company policies
- Prepare analyses and presentation materials as needed by senior management, including reports, forecasts and projections and support for Board and investor presentations and analyses
- Lead the Finance team to create and maintain financial performance metrics and team OKRs. Communicate the metrics and financial analysis to stakeholders to support business decisions
- Support the business in its continuing growth
Our take
In recent years, kitchen automation has surged, yet challenges persist in addressing the nuanced complexities of food preparation and assembly.
Chef Robotics tackles this by prioritizing food assembly over cooking, acknowledging the diverse factors that shape culinary outcomes. With its advanced robotics and AI-driven software, ChefOS, the company navigates the intricacies of ingredient preparation, cooking methods, and storage conditions, ensuring consistent quality across diverse recipes and ingredients.
Chef's recent funding round underscores investor confidence in its innovative approach. With a focus on robotics-as-a-service (RaaS), Chef aims to democratize access to advanced automation, offering scalable solutions for food businesses. As it expands across the US and Canada, securing partnerships with Fortune 500 food companies, Chef heralds a future where technology enhances culinary excellence, revolutionizing efficiency and creativity in the kitchen.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
54% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Jan 2024
$10.5m
EARLY VC
May 2021
$7.7m
SEED
Total funding: $25.3m
Company values
- Customer and User Obsession: We’re here to serve our customers and users. Go backwards from the customers and obsess after giving them the best experience possible
- Deliver results and follow through: Results matter, not "effort." Done is better than perfect. Finish what you start. A documented mistake of an idea that didn't work is positive. Constantly release, test, and deploy little bytes instead of waiting for one large deployment
- Move with extreme velocity and focus: Velocity matters. We’re serving customers where a little downtime can cost millions. Ship fast and be laser focused on what matters. Work smart and hard
- Meritocracy to find the truth: The best idea wins not your seniority. Use logic to support your thinking. Always discuss the idea not attack the speaker. When a decision is made, disagree and commit wholly
- Radical transparency: No passive aggression. If someone isn’t doing something right, tell them. Be brutally honest with feedback and don’t sugar coat anything. Trust in your team
- Hire the very best people: If enough smart people are in a room together, we'll figure it out. Hire slow rather than to "fill a role."
- Simplicity and Frugality: Have just enough and no more. Constantly simplify. Always ask: "how could I accomplish what I'm trying to with 10x less money?
- Play for the name on the front of the jersey: "Play for the name on the front of the jersey...people will start remembering the name on the back." We all have individualistic desires but by working for the good of the company in the short term, you make yourself significantly better off in the long term. When in doubt of how to make a decision, ask: is this in the true, authentic best interest of Chef?
- Challenge your beliefs and aim to find truth: Assume your ideas are wrong and constantly stress test them. The default is that your idea is wrong and that you have to prove it’s right (not the other way around). Seek diverse perspectives. Always ask why, why, why? Break things down to the first principles and then build back up
- Take initiative and win: Figure out what needs to be done - without anyone telling you - and then win. We’re here to win not just for a job
Company HQ
Mid-Market, San Francisco, CA
Articles
Leadership
Rajat Bhageria
(CEO)Previously the co-founder and CEO of ThirdEye Technologies. They now write for both Forbes and TechCrunch alongside being a Managing Partner at Prototype Capital.
Salary benchmarks
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