Jobs and Careers
FU

Chief Financial Officer

Fusemachines
Long Island City, United Statesfull_timeVerifiedPosted 15 Dec 2024

About the role

Chief Financial Officer - NY Metro/Long Island)

Fusemachines is a 10+ year old AI company, dedicated to delivering state-of-the-art AI products and solutions to a diverse range of industries. Founded by Sameer Maskey, Ph.D., an Adjunct Associate Professor at Columbia University, our company is on a steadfast mission to democratize AI and harness the power of global AI talent from underserved communities. With a robust presence in four countries and a dedicated team of over 400 full-time employees, we are committed to fostering AI transformation journeys for businesses worldwide. At Fusemachines, we not only bridge the gap between AI advancement and its global impact but also strive to deliver the most advanced technology solutions to the world.

About The Role:

Location: New York Metro Area, Long Island

Department: Executive

Reports to: CEO

Position Overview: We are looking for a dynamic CFO who will be responsible for overseeing the financial operations of the company, providing strategic financial guidance, and ensuring the financial health of the organization. This role requires a high level of expertise in financial management, strategic planning, and operational efficiency.

Key Responsibilities:

1. Strategic Financial Leadership

  • Develop and implement financial strategies to support the company's overall business objectives.
  • Provide financial insights and guidance to the executive team and board of directors.
  • Participate in strategic planning, business development, and growth initiatives.

2. Financial Planning and Analysis

  • Oversee budgeting, forecasting, and financial modeling processes.
  • Analyze financial performance and provide actionable recommendations.
  • Monitor key financial metrics and KPIs to ensure the company meets its financial goals.

3. Reporting and Compliance

  • Ensure timely and accurate financial reporting in accordance with SEC regulations and GAAP/IFRS standards.
  • Prepare and file quarterly and annual reports (10-Q, 10-K) with the SEC.
  • Maintain compliance with Sarbanes-Oxley (SOX) requirements and other relevant regulations.

4. Investor Relations

  • Serve as the primary point of contact for investors, analysts, and other stakeholders.
  • Develop and deliver presentations for investor meetings, earnings calls, and conferences.
  • Manage communication strategies to maintain and enhance investor confidence.

5. Capital Management and Fundraising

  • Manage capital structure and optimize the company's financing strategy.
  • Oversee capital raising efforts, including equity and debt financing.
  • Maintain relationships with banks, investment firms, and other financial institutions.

6. Risk Management

  • Identify, assess, and mitigate financial and operational risks.
  • Implement and maintain robust internal controls and risk management frameworks.
  • Ensure compliance with financial policies, procedures, and best practices.

7. Mergers and Acquisitions (M&A)

  • Lead financial due diligence and analysis for potential acquisitions, mergers, and divestitures.
  • Evaluate and negotiate deal terms and structures.
  • Integrate acquired entities and ensure smooth transitions.

8. Operational Efficiency

  • Improve financial processes and systems to enhance efficiency and accuracy.
  • Oversee cash flow management, working capital optimization, and expense control.
  • Implement cost-saving initiatives and operational improvements.

9. Team Leadership and Development

  • Provide leadership and direction to the finance team.
  • Mentor and develop finance staff, promoting a culture of high performance.
  • Foster collaboration between finance and other departments.

10. Strategic Partnerships and Alliances

  • Identify and evaluate strategic partnerships, alliances, and joint ventures.
  • Negotiate terms and manage relationships with key partners.
  • Leverage partnerships to enhance the company's market position and financial performance.

11. Technology and Innovation

  • Implement and leverage financial technology solutions to improve reporting and analysis.
  • Stay abreast of industry trends and innovations in financial management.
  • Promote the adoption of digital tools and platforms to enhance financial operations.
  • Prepare and present financial reports and strategic plans to the board of directors and investors.

Apply for this role

Generate a tailored application kit with a matched cover letter, interview prep, and CV highlights — in under 60 seconds.

Apply Now →Generate Application Kit

Free account required — sign up in 30s

Company

Fusemachines

View company profile →