Sr. Manager of Strategic Finance, Twelve Labs
$173.5-195k
Offers equity
More information about location
3+ days a week in office
AI-enabled video understanding technology
Job no longer available
AI-enabled video understanding technology
21-100 employees
Job no longer available
$173.5-195k
Offers equity
More information about location
3+ days a week in office
21-100 employees
Company mission
To build the best video understanding platform driven by leading perceptual-reasoning research
Role
Who you are
- If you're looking to make a tangible difference and leave your mark on a fast-scaling company, this is your opportunity
- Bachelor’s degree in Finance or related field
- 7+ years of finance experience, bonus points if some of this experience is at an early stage startup
- Meticulous attention to detail, with a commitment to accuracy and high-quality work
- Strong intellectual curiosity and a desire to dive deep into cutting-edge multi-modal foundation models
What the job involves
- As our Senior Finance Manager, you’ll be stepping into a high-impact, foundational role on TwelveLabs’ growing Finance & Accounting team
- As one of our earliest hires, you'll play a pivotal role in shaping the function from the ground up, bringing strategy and structure to a team that's small in size but big in ambition
- You won’t just be crunching numbers—you’ll be a core business partner, collaborating closely with every team across TwelveLabs to drive critical initiatives forward
- From closing major sales deals and negotiating compute contracts to managing burn and optimizing financial strategy, you’ll be at the center of the decisions that power our growth
- Run the monthly forecasting and annual planning processes in partnership with the Head of Finance, ensuring alignment with company goals and market dynamics
- Launch and own the budget vs. actuals process with the executive team and department heads to drive accountability and informed decision-making
- Support fundraising efforts, including building financial models, preparing investor materials, and partnering closely with the executive team during due diligence
- Assist the Sales team in developing quotes for prospects, structuring pricing, and providing financial insight to close high-impact deals
- Take on high-priority, cross-functional projects including, but not limited to:
- Revamping the compute cost model and identifying operational efficiencies
- Pricing new product offerings to support go-to-market success and profitability
- Evaluating vendor contracts and identifying opportunities for cost savings or improved terms
- Develop internal financial reporting tools and dashboards to empower teams with real-time insights
- Build scalable financial processes and infrastructure as the company grows, including evaluating systems, tools, and team needs
- Act as a strategic thought partner to leaders across Product, Engineering, Sales, and Operations—translating data into actionable insights that drive business performance
Our take
Developing an algorithm that can understand text or images is (relatively) straightforward. However, the challenge escalates when it comes to understanding video, where these modes merge with audio, and context becomes much harder to grasp.
Twelve Labs has developed a machine learning solution that tackles this challenge by making the inner content of videos both indexable for developers and highly searchable for users. This technology could prove immensely valuable, with use cases extending far beyond simple searchability for end users. It could be employed for more accurate monitoring of community guidelines on social media, enterprise knowledge searches, and a deeper understanding of the value of video content.
With recent funding under its belt, Twelve Labs is set for rapid growth. The investment will drive R&D, nearly double its workforce, and advance its video understanding technology. As it expands, Twelve Labs is well-positioned to lead the future of multimodal AI and revolutionize how organizations extract values from video content.
Steph
Company Specialist at Welcome to the Jungle
Company
Funding (last 2 of 6 rounds)
Dec 2024
$30m
EARLY VC
Jun 2024
$50m
SERIES A
Total funding: $107.2m
Company benefits
- Full health, dental, and vision benefits
- Extremely flexible PTO and parental leave policy. Office closed the week of Christmas and New Years
- Remote-flexible, offices in San Francisco and Seoul and coworking stipend
- VISA support (such as H1B and OPT transfer for US employees)
Company HQ
SoMa, San Francisco, CA
Leadership
Jae Lee
(Co-Founder & CEO)After Interning as a Software Engineer at Samsung and Amazon, they joined the Republic of Korea's Cyber Operations Command as a Lead Data Scientist. Co-founded Twelve Labs after this period of military service.
Aiden Lee
(Co-Founder & CTO)Interned at Korea Advanced Institute of Science and Technology (KAIST) as a Deep Learning Researcher. Completed their National Defense duty as an AI & ML Engineer in the Cyber Operations Command.
Sung Jun (SJ) Kim
(Co-Founder)Served for the Ministry of National Defense as a Lead Software Engineer in the Cyber Operations Command. Before this, they were a Cyber Security Research Scientist at Sungkyunkwan University.
Dave Chung
(Co-Founder)Previously a Project Team Lead at the Institute of East and West Studies (IEWS) at Yonsei University, focusing on the planning and development of the Korean Web 3.0 ecosystem (Funded by the Ministry of ICT).
Soyoung Lee
(Co-Founder)Worked in Risk Assurance for PricewaterhouseCoopers in Seoul before co-founding Twelve Labs.
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