Director of Finance

Dataloop AI - Israel

About The Position

What does dataloop do?

Dataloop is a one-stop shop for building and deploying powerful computer vision pipelines – data labeling, automating data ops, customizing production pipelines and weaving the human-in-the-loop for data validation. This eliminates data challenges for companies, allowing them to focus their resources on their core business. Our vision is to make machine learning-based systems accessible, affordable and scalable for all.


As a Director of Finance you will oversee all financial aspects of the company, collaborate with the different stakeholders in the company and build a finance team which will grow along with our fast growing business.

Your responsibilities will include defining and building systems, processes, best practices and KPI to support the financial operation of Dataloop’s fast growing SaaS platform and services.

You will be working with the leadership team and operations on financial planning. Your responsibilities will include ownership of the financial planning and budgeting processes, analyzing financial statements and reports, developing financial models, preparing projections, and managing the day-to-day financial aspects.

The ideal candidate is strategic thinker who would like to take hands on approach to building and leading a finance team, with broad knowledge of all accounting, financial, tax and business principles of SaaS companies.

Requirements

Knowledge and Experience:

·       Experienced CPA from a Big4 accounting firm (at least 6 years of experience in the Tech, Software or Fintech industry)

·      At least 3 years of experience in a SaaS company or in outsource accounting services to SaaS companies.

·      Deep accounting knowledge in the SaaS industry focusing on revenue recognition

·      Expert in financial analysis and modelling skills, with working knowledge of accounting principles

·      SaaS related knowledge: strong proficiency with SaaS management reporting, metrics, and analysis and KPI’s (e.g. ARR, LTV, CAC, Recurring vs. Non-Recurring revenue, etc.)

·      Prior experience building and executing a SaaS-based business model and related systems

Responsibilities:

·      Manage the daily finance operations.

·      Manage month-end close processes.

·      Own revenue recognition and MRR calculation, including all related data sources.

·      Support the preparation of tax reporting and filing.

·      In charge of the preparation of financial statements, statutory reports, and tax returns.

·      Coordinate and assist with the budget process and oversee budget targets vs. actual results.

·      Support the billing and collection activities.

·      Help build automated sales and payment processing.

·      Work closely with our bookkeepers, support and advise them on accounting and tax-related matters.

Skills:

·      Excellent English – writing and verbal skills

·      Knowledge in SAP, Stripe – advantage

·      Strong Microsoft Excel skills

·      Strong work ethic, Proactive, Self-motivated, Results-driven

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