VP of Finance

We're looking for the crazy ones that are going to change the world - if that's you - apply now.

Newchip is a virtual startup accelerator that provides world-changing early-stage companies with the software tools, training, mentorship, and the investor network necessary to successfully raise capital, build, and scale their businesses to eventual exit. We're in 100+ countries and have a portfolio of over 2,000 startups that have raised $1B+ in funding since our launch in 2019.

Do you love Shark Tank? Imagine every day being like an episode but on a global scale, that's what we do. We recruit top startups and we launch virtual cohorts each month from our HQ in Austin, TX, with a goal of coaching each to a point of invest-ability. We then invest in our top program graduates alongside our 3,000+ investor network and work with them until exit.

- We're a veteran founder team with decades of experience, acquisitions and exits under our belts, and we're looking for the next member of our team that meets both our core values and can add their skillset to our melting pot of diversity.

- We're only recruiting entrepreneurial and driven individuals who are in it for the long haul to reach an IPO and that want to truly assist startups to drive results that create investment returns to our investors and investor partner network.

- If you're looking to make a difference in the world and learn in 1 year what most learn in 5, we're here to provide the mentorship, leadership, and potential to make that dream a reality - if you're here looking for a 9-5, our company isn't for you.

Apply today to join the 100+ employees in our HQ in Austin, Texas, or join one of our remote teams around the globe!

Mission Statement:We deliver results and set the standard for entrepreneurs and investors everywhere.

Company Values:Learn about our values and mission here: https://apply.workable.com/astralabs/

Role Overview:

We are looking for an experienced and dedicated Vice President (VP) of Finance who will be responsible for developing and directing the company's analytical, financial plans and policies. You will be responsible for processing the financial activities that maximize profits for our organization. You will analyze data in order to make strategic decisions about an organization's future, such as how much money should be invested into R&D or marketing or sales.

The VP of Finance will report on metrics to optimize our growth by understanding where efficiencies exist to maximize scalability throughout the year. VP of Finance responsibilities include overseeing accounting operations, gathering and analyzing financial data and preparing financial reports. Ultimately, you will work directly with the CEO of our organization to ensure our operations remain on track to hit our target goals.

This is a critical role as our company has grown by 300% year over year for the last three years and will continue to grow rapidly. Your first goal in joining the organization is to build a finance division that can scale with the company so do not apply if you have no experience in people operations (recruiting/hiring/people ops/leadership).

Responsibilities

• Prepare timely and accurate analyses, summaries and reports of financial data on the operating progress of the company
• Create a reliable cash flow projection process and reporting structure that includes a minimum cash threshold to meet operational needs
• Routinely review revenue cycle metrics to identify and address issues affecting overall performance proactively
• Manage the company's compliance with local and federal regulatory matters
• Partner with senior leaders to ensure the company hits revenue targets

• Prepare timely and detailed reports on financial performance on a quarterly and annual basis
• Oversee all audit and internal control operations
• Develop the corporate fundraising strategy and manage relationships with partners and investors
• Set targets for and supervise all accounting and finance personnel (management accountants, internal auditors etc.)
• Retain constant awareness of the company's financial position and act to prevent problems
• Drive the financial planning of the company by analyzing its performance and risks

Requirements

• Proven work experience as a VP of Finance or extensive experience as Director of Finance, or similar role
• In-depth knowledge of financial benchmarking, accounting, audit and tax compliance and other regulatory matters
• Adept in fiscal management principles and processes, including resource management and needs assessment
• Partner with Chief Revenue Officer & Chief Executive Officer to establish and track revenue goals
• Possesses critical knowledge of federal and multiple state tax laws as well as basic accounting issues
• A bachelor's degree in finance or accounting is preferred

• Proficient in the use of MS Excel and financial management software (e.g. Quickbooks)
• An analytical mind with a strategic ability
• Excellent organizational and leadership skills
• Outstanding communication and interpersonal abilities
• CPA or other relevant qualification is a plus
• Solid knowledge of financial analysis and forecasting
• In-depth knowledge of corporate finance and accounting principles, laws and best practices

Benefits

• Be a part of a global team with a hybrid in-office and remote culture with a headquarters in East Austin, Texas
• Industry leader in compensation packages including base plus performance incentives, equity, and company stock.
• Fully covered benefits that include medical, dental, vision, life, and disability insurances; plus a 401k program.
• Join an active culture and become a pillar in the startup community with weekly team outings and community events.
• Access to all of our accelerator certificate programs if you launch a startup during your career here (valued at $1M+).
• Active culture with a gym at HQ with bouldering, weight gym, classes, yoga, steam-rooms, and showers on-site.
• Unlimited PTO policy, Holidays, Sick Days, and Election Day off.
• Hybrid roles receive up to 60 days of remote work allotment per year at the discretion of your leadership team.
• ClassPass membership gives you worldwide access to thousands of top-rated gyms, fitness studios, salons, and spas.
• Weekly catered lunch on Fridays, as well as unlimited snacks and Starbucks coffee.
• Opportunity to make a meaningful impact in a revolutionary space working with thousands of startups around the globe.