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Open position across Drive TLV Alumni companies

CFO

M

Monogoto

Software Engineering, Accounting & Finance
Posted on Jan 17, 2025

CFO

  • San Francisco, Tel Aviv
  • Full-time

About The Position

Monogoto was founded by a team of highly experienced telecommunications, cellular and security experts. Backed by a group of well-known and highly engaged investors and strategic partners, its growing, dynamic and diverse team operates globally from the USA and Tel-Aviv, Israel.

Monogoto’s IoT cellular cloud network enables innovation and flexibility for services that drive a more connected world. Our rapidly expanding 5G IoT connectivity service provides seamless, accessible and cost-effective device connectivity that scales developers’ requirements.

Today Monogoto connects millions of devices in over 160 countries and 500 networks across multiple verticals such as from point of sale, manufacturing, healthcare, fleet management, micromobility, retail and so much more.

The Role

The CFO will lead a Finance and Operation team and will work closely with the company leadership.

We are looking for an individual who is a leader and thrives in a fast-paced work environment, who is smart and is able to learn new topics quickly, with the ability to execute multiple complex projects at once. Who will ensure effective compliance, accounting, and treasury policies are in place and working. Provide financial clarity to evaluate future decisions.

This individual should have a successful track record of establishing and leading the Finance department in a startup, working in SaaS / IaaS / Usage-based companies, participating in Due Diligence, fundraising and working with Israeli LTDs

This role requires a mother-tongue level of English.

You will report to the CEO.

Responsibilities

  • Taking responsibility for an annual Finance and Operation plan, strategy, and team.
  • Assist in formulating the company’s future direction through providing input on the company’s business plan, financial and tax strategies, budgeting, and forecasting.
    Set yearly financial objectives that align with the company’s plan for growth and expansion (including fundraising).
  • Manage the accounting, investor relations, legal, tax, operations, and treasury departments.
  • Manage any third parties to which accounting or finance functions have been outsourced.
  • Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package.
  • Understand and mitigate key elements of the company’s risk profile
  • Monitor all open legal issues involving the company, and legal issues affecting the industry; ensure that the company complies with all legal and regulatory requirements
  • Report financial results to the board of directors; report risk issues to the audit committee of the board of directors.
  • Monitor cash balances and cash forecasts.
  • Assess and evaluate the financial performance of the organization regarding long-term operational goals, budgets, and forecasts.
  • Create and establish yearly financial objectives that align with the company’s plan for growth and expansion (including fundraising plans).
  • Communicate, engage and interact with the Board of Directors and Executive Leadership Team.
  • Participate in pivotal decisions as they relate to strategic initiatives and operational models.
  • Review and ensure application of appropriate internal controls, compliance, and financial procedures.
  • Select and engage consultants, auditors, and investors.
  • Oversee the preparation and communication of weekly, monthly and annual financial statements.

Requirements

  • 10+ years of Finance experience and Prior experience as a CFO for a global High-Tech/ start-up company.
  • Experience working in an entrepreneurial fast-paced work environment.
  • Outstanding communication, presentation, and leadership skills.
  • Critical thinker and problem-solving skills.
  • CPA with Big 4 previous experience
  • Must have experience with US GAAP
  • Team player, great interpersonal skills.
  • Excellent spoken and written communication and experience partnering with an executive team.
  • Experience with investors relations, facilitating & concluding fundraising rounds.
    IPO, public Hi-Tech company- a big advantage
  • A big advantage to experience from a B2B software company preferably a SaaS / IaaS product
  • Knowledge and experience with tax compliance and statutory reporting
  • Significant experience working with external auditors, internal controls, and compliance-related issues.
  • Dynamic and immense level of leadership. Act as a data-driven link between financial and strategic objectives.

Compensation:

The compensation offered for this position will depend on qualifications, experience and work location.

Monogoto is proud to be an Equal Employment Opportunity and Affirmative Action employer. We believe in order to thrive, businesses need a diverse team and leadership. We welcome every race, religion, color, national origin, sex, sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, genetic information, or other applicable legally protected characteristics.

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