About Sibros:

Sibros delivers an IoT software and data management platform that connects any vehicle to the cloud to provide real-time software management and data analytics, helping automakers build better, safer, and more reliable connected products at scale. Our embedded SaaS platform, Deep Connected Platform (DCP), is leverageable in every sector of the automotive industry from agriculture to commercial vehicles and light vehicles to two-wheelers, RVs, and beyond. Our strong focus on customer success is what helps us remain the leader in this space.

Description

Sibros accelerates product development by providing industry scale infrastructure including secure automotive and energy cloud solutions, embedded software components and vehicle controllers. Our world-class team hails from companies like Tesla, Google, Faraday Future and Lockheed Martin. You will get a chance to work with a team of deeply knowledgeable engineers working on creating version 2.0 of the automotive industry!

About the Role

As a business partner and leader, the CFO plays a key role in the company’s success. The CFO acts as a strategic advisor to the CEO and is responsible for the accuracy, completeness, and timeliness of the organization’s financial reporting and planning. The CFO helps establish and direct the organization’s financial goals and objectives, its budget, and the Financial Plan. The CFO has primary responsibility for ensuring that internal controls are in place, enforced, and reviewed periodically for conformance to accounting and financial standards and applicable regulations.

Responsibilities

The responsibilities of the CFO include, but are not limited to:

1. Budgeting & Expense Management
   1. Create usable budgets for the business, including evaluating the needs of each department in the long term
   2. Annually create a capital plan that aligns with overall business plans and strategies, and review the capital plan with top management and the Board of Directors
   3. Analyze trends to reduce financial risks associated with making investment or spending decisions
   4. Help create and manage budgets for annual employee performance-based salary increases, performance bonuses, and sales commissions
   5. Help drive costs down with vendor negotiations and keep an overall check on spending as per budget
2. Team Management and growth
   1. Hire and grow leaders in the finance and accounting departments
   2. Manage the finance org structure
   3. Give directions, deliver periodic evaluations, and manage compensation for all team members
3. Lead Financial Planning and Analysis
   1. Develop and maintain financial models
   2. Develop internal projections with multiple scenario modeling
   3. Perform cash flow analysis
   4. Perform variance analysis (projected vs. actuals)
   5. Create framework to measure and monitor performance against operational metrics
   6. Find ways to optimize spending to maximize cash runway and account for long-term growth
   7. Analyze data to drive best practices, profitable growth, cost analysis, etc.
4. Manage Board and existing investor relationships
   1. Prepare board decks
   2. Handle investor communications
   3. Present annual budget to the board for approval
   4. Report on-going financial performance to investors
5. Maintain all banking and financial relationships
6. Lead the fundraising process
   1. Prepare pitch decks, financial models, and projections
   2. Build and maintain relationships with investors in anticipation of future funding rounds
   3. Help raise capital with top-tier VCs
   4. Evaluate and consider different types of funding (equity, venture debt)
   5. Evaluate and consider the value each new investor against a standard internally developed metric (taking factors such as investor rolodex, industry expertise, and geographic presence into account)
7. Lead all global M&A activities
   1. Evaluate companies to buy that have been sourced by team members or investors
   2. Manage negotiations and expectations with both internal and external stakeholders
   3. Execute and close the deals
8. Lead all IPO / SPAC related activities
   1. Prepare the company for doing an IPO or SPAC deal
   2. Manage the end-to-end process for selling the company
   3. Evaluate different forms of exits as the environment and markets are constantly changing and evolving
9. Manage risk exposure
   1. Ensure we have the correct insurance policies in place with the right scope and right amount of coverage
   2. Assess risks and exposur