Chief Financial Officer, CommerceIQ
+Early stage stock options
Office located in Sunnyvale, CA
Machine learning and automation platform
Job no longer available
Machine learning and automation platform
501-1000 employees
Job no longer available
+Early stage stock options
Office located in Sunnyvale, CA
501-1000 employees
Company mission
CommerceIQ's mission is to empower brands to move from analog to algorithms.
Role
Who you are
- The ideal candidate will bring a strategic mindset and a proven track record in financial management within the SaaS sector, focusing on scalability, efficiency, and profitability
- Ability to strategize and solve problems
- In-depth knowledge of corporate financial law and risk management practices
- Excellent knowledge of data analysis and forecasting methods
- Proficient in the use of MS Office and financial management software (e.g., SAP)
- Strong leadership and organizational skills; leading and empowering others through mechanisms and data (e.g. Amazon ‘CFO’ like rigor and experience)
- Excellent communication and interpersonal skills
- BS/BA in Accounting, Finance or Analytics relevant field
- MBA or relevant certification (e.g., CFA) is preferred
- Proven experience as CFO, finance officer or relevant role, preferably in a high-growth SaaS company
What the job involves
- The Chief Financial Officer will play a critical role in shaping our financial strategy and operations to drive sustainable growth
- Develop and refine financial strategies to support the company’s business goals, while managing financial risks
- Oversee all financial operations including accounting, budgeting, financial planning, treasury, tax, legal and auditing
- Provide leadership and direction to the finance team to ensure operational excellence
- Prepare reliable, current and forecasting reports, financial statements, and cash flow analysis
- Drive the financial planning of the company by analyzing its performance and risks
- Retain constant awareness of the company’s financial position and act to prevent problems
- Oversee the company’s finance IT, systems and tools
- Ensure compliance with the law and company’s policies
- Manage relationships with partners and investors
- Explore new investment opportunities and provide recommendations on potential returns and risks
- Lead efforts to optimize cost structures and enhance revenue streams
- Report financial status and progress to the board and shareholders regularly
Our take
CommerceIQ is an omnichannel eCommerce management platform that leverages machine learning, analytics and automation to increase user sales. By deriving and aggregating in-depth insights from sales, marketing, and competitor intelligence data, its software then generates recommendations and automates actions to fuel growth.
Having started out primarily on Amazon, where it’s now an Advertising Partner - partially due to CEO Guru Hariharan’s previous experience working for the online retail giant - the company has since expanded to cover Instacart, Target and Walmart. It has recorded exponential growth in recent years, with both revenue and customers doubling in 2021. Kellogg’s, Nestle, Colgate and Whirlpool are all customers, a fact which would have contributed to its impressive investment round in 2022.
Having now joined the Unicorn club, CommerceIQ is investing its 2022 capital into accelerating the development of its unified retail eCommerce management platform. With the worldwide eCommerce market projected to hit $80 trillion by 2030, and CommerceIQ's position as an aid for legacy companies rather than a disruptor, further success looks increasingly likely.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
43% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Mar 2022
$115m
SERIES D
Jun 2021
$60m
SERIES C
Total funding: $195.5m
Company benefits
- Learning & Development - Growth is important. That’s why we provide a dedicated learning budget to support your growth and development
- Competitive Pay - Come join our team and you’ll receive a generous benefit package that takes care of your family and you, including Medical, Vision, and Dental insurance, a 401K and more
- Equity - At CommerceIQ, you’ll have skin in the game with our equity awards. When we win, you win
- Unlimited PTO - We believe in creating an environment that helps you be your absolute best, whether it means taking a break to climb Mt. Rainier or pampering yourself on a cruise
- Work/Life Balance - Every last Friday of the month is off! We know there is a time to work and there is a time to leave work behind. At CommerceIQ, we offer flexible hours
Company HQ
Mountain View, CA
Leadership
Guru Hariharan
(Founder & CEO)Started out as a Researcher at IBM. Was Manager of Amazon Seller Services and Director and GM of Global Marketplace Experience at eBay.
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