Financial Architect, Etched
Office located in Cupertino, CA
Designing specialized chips for language model inference
Open for applications
Designing specialized chips for language model inference
21-100 employees
Open for applications
Office located in Cupertino, CA
21-100 employees
Company mission
To create the world’s most powerful servers for transformer inference.
Role
Who you are
- A successful candidate will be the type of individual that is constantly looking to improve existing processes and automate tasks to free themselves up to work on higher leverage projects
- Bachelor’s degree in Finance, Accounting, Economics, or a related field; CPA, CFA, or advanced certification is a plus
- 3-5+ years in FP&A, corporate finance, or strategic finance roles, preferably within a startup or high-growth environment. Banking, Private Equity, and Consulting experience is also welcomed
- Advanced financial modeling, cash flow forecasting, and proficiency in Excel and Google Sheets; experience with financial planning software and data visualization tools like Power BI and Tableau
- Strong quantitative skills with the ability to synthesize complex data into actionable insights
- Excellent verbal and written communication skills; proven ability to work collaboratively across functions
- Entrepreneurial spirit, proactive, adaptable, and aligned with our mission-driven, high-energy team environment
- This role will be a high impact role and requires an individual who can operate independently and is excited by the opportunity to help push the company forward
Desirable
- Prior exposure to supply chain finance, equipment financing, or vendor financing
- Deep understanding of AI, hardware, and/or semiconductors
- Deep understanding of the AI research field and broader market
- Deep understanding of the unit economics of GPU and hyperscale clouds
What the job involves
- As the first hire on our finance team you will be a key financial architect behind our most critical initiatives
- From deciding pricing, SKUs, and unit economics to accounting, financing strategies, cash flow and supply chain management, we are looking for a driven and talented FP&A partner to execute on our day-to-day financial operations
- You will work closely with the executive team to build and implement the financial infrastructure that allows Etched to scale
- This is a high-trust role that will require end-to-end ownership over key strategic projects
- This role reports directly to our Head of Strategic Finance
- Create monthly, quarterly, and annual P&L, Cash Flow, and HC models
- Establish an accounting, invoice, and spend management system
- Analyze and recommend pricing strategies and payment plans in partnership with the GTM team
- Analyze unit economics and identify opportunities for improvement in supplier selection
- Model financing options including line-of-credit usage with suppliers and trade finance solutions for customers
- Build and optimize our working capital position to maximize our growth prospects
- Prepare our quarterly board packets and investor materials
Our take
With AI developing rapidly, the chips that power them are doing so too. The computing requirements of technologies such as Chat GPT will increasingly require customised, hard-wired chips called ASICS, designed specially for the execution of AI models. Whilst GPUs are currently used for AI computing, Etched is making a bet on AI-hardwired chips becoming the predominant powering force of AI.
It’s a gamble, the founders themselves know that if transformers become obsolete, so will their AI-powering product. The SOHU chip that Etched builds differs from GPUs in that it has the AI architecture etched into the chip itself. General Processing Units are “general” and costly, so Etched is betting on specialised transformers taking their place in the near future.
Investors are drawn to Etched’s boldness. The 2022-founded company achieved $120 million in Series A funding just two years into its life. Etched plans to use this to become a main competitor of GPU company Nvidia, and claims to be 20 times faster than the latter’s AI-powering general processor - and significantly less costly too. Time will tell if Etched’s exciting and potentially revolutionary bet on tailored AI chips and transformers pays off.
Steph
Company Specialist at Welcome to the Jungle
Company
Funding (2 rounds)
Jun 2024
$120m
SERIES A
May 2023
$5.4m
SEED
Total funding: $125.4m
Company benefits
- Competitive Salary and Equity - We offer a competitive salary and equity package that aligns with industry standards
- Benefits - Your wellbeing is important to us. We offer unlimited PTO, life insurance, and a 401(k)
- Full Insurance Coverage - Our insurance includes full medical, dental, and vision with 100% of premium covered
Company HQ
Cupertino, CA
Leadership
Robert Wachen
(COO & Co-Founder)Also the Co-Founder of Prod and Mentor Labs, Birthday Cakes 4 Free Maryland and Generate Sales Online.
Gavin Uberti
(CEO & Co-Founder)Previously Software Engineer at OctoML, Algorithms and BAckend Engineer at Coursedog and was a Software Engineer Intern at Xnor.ai.
Chris Zhu
(Co-Founder)Was a Teaching Fellow at Harvard and a Software Engineering Intern at Amazon and AvantStay. Was an Analyst at Harvard Undergraduate Capital Partners.
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