Director, Finance

at  Placerai

ABOUT PLACER.AI:

One of the fastest growing tech companies in North America, Placer.ai (“Placer”) reached $100 million ARR “Centaur” status in 2024, within 6 years of launching the Placer platform. We previously crossed the $1B valuation “Unicorn” threshold in 2022.
Our A.I.-based SaaS platform transforms how leaders make critical decisions by unlocking unparalleled visibility into markets and locations, creating a blue ocean market of more than $100B. And the best part is, we accomplished this by leading a privacy-first business in which data has been stripped of user identifiers and only aggregated information is provided within the platform.
Our platform provides instant visibility into almost any location in the U.S. We have grown exponentially over the past 6 years, counting more than 4,000+ paying customers including many Fortune 500 companies, such as, JP Morgan Chase, Wayfair, Google and many more.
Named one of Forbes America’s Best Startup Employers and a Deloitte Technology Fast company, we are proud of our collaborative, innovative and inclusive culture.

SUMMARY:

The Director of Financial Planning & Analysis is responsible for implementing financial processes and systems as the organization continues to grow at a fast pace. This individual has proven success developing robust financial reporting processes, financial controls and insightful KPI dashboards. They also have experience leading a company through an IPO process and operating as a public company post IPO. This role actively partners with other leaders across the Placer team in addition to overseeing and managing the FP&A team. This individual has a passion for how the finance function can transform the strategy, accountability and operations of the Company as a whole.

REQUIREMENTS:

• Bachelor’s degree in accounting, finance or business required; MBA and/or CPA preferred.
• At least six years of related budget planning and analysis experience required, with specific experience in the organization’s industry preferred.
• Prior experience in investment banking, public accounting or management consulting.
• Excellent analytical and modeling skills, able to analyze complex business issues and build financial models.
• Strong executive presence and ability to communicate complex financial data to non-finance leaders.
• Strategic thinker with ability to balance short-term execution and long- term vision.
• Ability to analyze and evaluate budgets and financial models.
• Ability to create and present ideas and budgets in a variety of formats.
• Ability to prioritize and delegate tasks.
• Ability to maintain confidential records.
• Excellent organizational skills and attention to detail.
• Supervisory experience required

• Manage the day to day finance operations for Placer Labs Inc. and Placer Technologies, Ltd. This includes budgeting, forecasting, performance reporting and operating reviews.
• Manage the budgeting process, including the maintenance of the company’s multi-year budget that reflects the company’s strategic direction, hiring plans, SaaS metrics and core Key Performance Indicators (KPIs).
• Monitor the company’s financial condition by collecting, interpreting, and reporting financial data, and monitoring cash transactions in and out of the company, and reporting on burn rate.
• Oversee the company’s ARR, churn, renewal, and upsell rules and that the recognition of ARR in Salesforce is in line with company and industry standards.
• Create financial models to evaluate growth opportunities including new products, expansion plans, and potential acquisitions.
• Manage the company’s FP&A team, including the management of employees within those departments, review of all work and aiding in career development, growth within the company and overall employee well-being.
• Assist in the management and maintenance of employee benefit and compensation plans, including all investor and employee stock and option grants, employee 401k deferrals, and ad hoc/signing bonuses or commissions.
• Assist where needed in company funding rounds, including preparation of data room materials, discussions with investors or potential banking partners.
• Work cross- functionally to drive business performance, operational efficiency and cost management.