Director of Finance

  • 101 Marietta St NW, Atlanta, GA 30303, USA
  • Full-time

Company Description

At Cypress, we’re on a mission to build an essential testing platform that makes automated testing delightful and effective. Cypress provides better, faster, and more reliable testing for anything that runs in a browser. Hundreds of thousands of developers and QA professionals use Cypress.io to write better code faster and release with confidence.

Cypress is currently used in over 90 countries by hundreds of thousands of developers across more than 12,000 organizations. Cypress has over 1,200 customers in more than 50 countries across 45 industries and includes marquee names like Atlassian, Crunchbase, GitHub, PayPal,and Slack.

The company was founded in 2015 and has raised $55M in capital to date, including a $40M Series B financing in November 2020, led by OpenView Partners, with participation from Bessemer Venture Partners, Battery Ventures, Sapphire Ventures and Stripes.co. 

 

Job Description

** please note that this position is based in Atlanta, Georgia. Eligible candidates should either be currently located in Atlanta or planning to relocate in the next 3-6 months.

The Director of Finance role is an exciting opportunity for people who are looking to take the next step in their career and build out a Finance function and grow their own team at a high growth start-up. Within the responsibilities, the primary needs are on the technical/compliance side to supplement the existing team.  However, the right candidate will want to take on ownership beyond the accounting, which is where the expanded scope of forecasting and team-building come in. People coming from one of the Big 4 public accounting firms will be ideal. This will provide for the technical validation and management experience desired, and be useful in selecting audit/tax partners on a go-forward basis.

This role provides great exposure to world-class investors and will be working with an experienced and supportive management team.  However, to keep up with the caliber of their peers and due to the nature of our growth trajectory it also requires someone who thrives on being thrown into the deep end and figuring it out.  The successful candidate will have strong intellectual curiosity and a customer-centric orientation that allows them to learn the business quickly and earn the respect of their stakeholders.

Potential Challenges:

  • Materiality in operations floats significantly more than in audited financials.  The ability to apply the appropriate amount of precision to the task at hand is an essential skill.

  • Good data takes hard work - analysis is usually not the challenging part, it's understanding how to gather the data and build the processes to ensure its integrity.

  • Will spend a lot of time in details but be asked to keep a high-level mentality to drive insights and recommendations

  • Significant ambiguity and reprioritization are the norm in rapid growth phases

Responsibilities:

  • External Financial Reporting:

    • Own the annual financial audit

    • Provide periodic reporting based on investor requests,

    • Provide bank required reporting

  • Tax:

    • Work with Tax firm to ensure compliance

    • Fed, State, R&D Credits, Jobs Credits, Property Tax, 1099's, and 3921's

    • Complete sales tax assessment and implement solution

    • Partner with VP Finance to develop proactive tax planning strategies, including seeking credits for job creation and evaluating implications of international expansion

  • Internal Financial Reporting:

    • Transition from Xero to Quickbooks - rebuild chart of accounts to align accounting with budget/forecast

    • Document monthly close process and work with bookkeeping firm to reduce time to close

    • Create departmental internal reporting packages and partner with departmental owners to provide insights into the business

  • Other Compliance:

    • Partner with DevOps to ensure compliance with SOC-II, GDPR and other compliance initiatives

    • Partner with sales and DevOps to create library of compliance responses to assist with customer inquiries

  • Forecast/Budget:

    • Partner with HR and Department leads to create the staffing plan

    • Partner with Department leads to create Opex budget

    • Partner with VP Finance, VP Success & Sales & Data Science to create revenue budget

  • Management:

    • Manage outsourced bookkeeping firm

    • Partner with VP Finance and Director of People to design, recruit and onboard world-class finance team to support hyper-growth

  • Other:

    • Legal/Contract review

    • Vendor Management

    • Variable Compensation

    • Commercial Real Estate

Qualifications

  • 7-12 years experience in finance/accounting function

  • Big 4 Manager Level in Atlanta within a technology practice with up to 3-5 years of industry experience

  • Highly motivated with an articulated finance career goal

  • Strong technical acumen and exposure to and desire to learn operational aspects of finance

Additional Information

All your information will be kept confidential according to EEO guidelines.