What are the responsibilities and job description for the Vice President of Finance & Accounting position at Istari Digital?
[ABOUT ISTARI DIGITAL]
Istari is a digital engineering software company enabling our customers to turn the physical world into the digital to accomplish their specific mission or business objectives.
Istari was founded with the vision of making open, scalable digital engineering ecosystems a reality – where new technologies and systems are created digitally, free from the real-world constraints of costs and schedules. We are creating the world’s best engineering model sharing platform, allowing our customers to simply and securely integrate their models across different engineering disciplines, organizations, and security levels.
At Istari, we are passionate about our mission of creating the world's first open and scalable industrial metaverse. Whether our customers are designing prototypes, performing virtual testing, or training AI and autonomy for complex systems, we know that going digital will save them time, resources, and reduce their environmental impact.
While we are a distributed team with most team-members working remotely, we place an emphasis on staying connected and collaborative, prioritizing in-person opportunities to build trust as a team. At Istari, we still believe that trust is best built in-person. To do this, we have an engineering headquarters in Cambridge, MA for focused technical development and several times per year we gather for an off-site that allows us to develop our professional skills and our team relationships.
[VALUES]
At Istari, we live by our values, which include:
Purposeful Autonomy
We value letting people self-organize and self-motivate.
Our flat structure and lack of meeting clutter are meant to empower individuals and teams to be proactive.
Our autonomy is measured, goal-oriented, and results-driven – not meandering.
Clear objectives help us prioritize our time.
Smart Transparency
We believe in honest-but-kind communication, transparency, and open-door policies.
We love learning about challenges and tackling them early, not hearing good or bad news late.
We share work-in-progress across our team.
Fast feedback keeps autonomy purposeful.
Continual Curiosity
At Istari, we love learning to do things ourselves.
We ask, read, share, teach – even watch YouTube videos – to learn new skills to solve problems.
When we make breakthroughs, we write them down.
Writing focuses ideas, helps us learn, and helps us share.
Equal Opportunity
Istari is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.
Join our dynamic and growing company, known for its revolutionary technology. We are seeking an experienced Finance and Accounting Leader to play a pivotal role in driving our financial strategy and contributing to the company's overall growth and success. Reporting directly to the Chief Operating Officer, the ideal candidate will possess extensive experience in finance and accounting within VC-backed software companies, specifically in aerospace-defense and government contracting.
\n- Financial Strategy: Develop and execute the company's financial strategy, including financial planning, budgeting, and forecasting to support our growth objectives.
- Accounting and Financial Reporting: Prepare and present financial reports and advice to the executive team, the board and investors, providing insights and recommendations for improving financial performance while strictly adhering to accounting principles.
- Investor Relations: Effectively engage with VC’s and other potential investors, providing transparent and accurate accounting and forecasting. Play a leading role in raising additional capital when needed.
- Compliance: Ensure compliance with government contracting regulations and financial reporting requirements, including DCAA and FAR regulations.
- Cash Flow Management: Manage cash flow and working capital to support day-to-day operations and growth initiatives.
- Risk Management: Identify and mitigate financial risks, implementing appropriate controls and processes to foster sustainable growth and overall company success.
- Team Leadership: Lead and mentor the finance and accounting team, fostering a culture of excellence, accountability, and continuous improvement.
- Strategic Planning: Collaborate with the executive team to develop and execute the company's overall strategic plan, with a focus on financial implications and opportunities.
- Vendor and Contract Management: Oversee vendor contracts, negotiations, and procurement activities.
- Bachelor's degree in Finance, Accounting, or a related field; CPA preferred.
- Minimum of 10 years of experience in finance/accounting leadership roles.
- Strong experience in VC-backed software companies in aerospace-defense and government contracting. Strong understanding of government contracting regulations, including DCAA and FAR compliance.
- Must be a U.S. citizen with no dual citizenship.
- Deep understanding of accounting rules, especially in the government contracting environment.
- Proven success dealing with investors and raising capital.
- Proven track record of developing and executing financial strategies that drive growth and profitability.
- Excellent analytical, problem-solving, and decision-making skills.
- Exceptional leadership and team management abilities.
- Strong communication and interpersonal skills.
- Ability to thrive in a fast-paced, dynamic startup environment.
- Familiarity with financial software that is well-suited to the government contracting environment.
- Familiarity with the Google Suite environment.
- DoD Top Secret (or Secret) Security Clearance required."
BENEFITS
We offer highly competitive benefits, including:
Health and Family
- Medical/Dental/Vision
- Employee Premiums are 100% Company Paid
- Life Insurance
- Flexible Work Hours
- Unlimited Paid Time Off (PTO) with federal government holidays
Financial
- Competitive Compensation
- 401k
- Company Stock Options
- Home Office Setup Budget
Learning
- Reimbursement for approved trainings and subscriptions
- Conferences (travel, lodging, and fees)
Note - some benefits are not available to interns or contractors.
Thank you for your interest in Istari. Expect to hear back from us soon with next steps.
Salary : $200,000 - $240,000