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Head of Finance

Shinkei Systems

Shinkei Systems

Accounting & Finance
El Segundo, CA, USA
Posted on Nov 18, 2024
Job Title: Head of Finance\ Location: El Segundo, CA

About Shinkei Systems:\ Shinkei is a growing company committed to financial sustainability and strategic growth. We are seeking a dynamic and experienced Head of Finance to lead and oversee all financial operations, strategy, and planning. This key leadership role is responsible for driving financial performance, managing financial risks, optimizing cash flow, and guiding the company’s long-term financial strategy.

Key Responsibilities

  • Accounts Receivable and Accounts Payable Management:
  • Lead and manage accounts receivable (AR) and accounts payable (AP) processes to ensure effective cash flow, timely payments, and credit management.
  • Implement and refine internal controls and best practices to enhance payment accuracy and processing efficiency.
  • Develop and execute strategies to improve collections and optimize vendor relationships, including negotiating favorable terms.
  • Financial Planning and Analysis:
  • Drive the creation and management of comprehensive financial plans, forecasts, and budgets aligned with organizational objectives.
  • Conduct variance analysis and provide actionable insights to senior leadership, focusing on continuous financial improvement.
  • Oversee the cash collection cycle to ensure liquidity and optimize working capital.
  • Budgeting and Forecasting:
  • Lead the annual budgeting process and long-term financial forecasts in collaboration with department heads.
  • Monitor financial performance against the budget, adjusting forecasts as needed, and provide recommendations to the executive team.
  • Risk Management and Compliance:
  • Identify, assess, and manage financial risks, including market, currency, and interest rate fluctuations.
  • Ensure compliance with financial regulations, tax laws, and accounting standards (e.g., GAAP, IFRS).
  • Develop and maintain internal controls to prevent fraud and ensure the accuracy of financial reporting.
  • Liaise with internal and external auditors, addressing audit findings and implementing necessary corrective actions.
  • Treasury and Cash Management:
  • Oversee cash liquidity, ensuring optimal cash levels for operational needs and investments.
  • Manage debt obligations, evaluate new debt opportunities, and optimize the company’s capital structure.
  • Supervise both short- and long-term investments, aiming to maximize returns while maintaining security and liquidity.
  • Strategic Financial Opportunities:
  • Identify, assess, and evaluate strategic investment opportunities, including mergers and acquisitions (M&A), leveraged buyouts (LBOs), and capital projects.
  • Lead financial due diligence, valuation analysis, and post-merger integration planning.
  • Collaborate with senior leadership to assess capital project feasibility, ROI, and the impact on the company’s financial health.
  • Stakeholder and Investor Relations:
  • Prepare detailed financial reports, presentations, and updates for the board, investors, and key stakeholders.
  • Lead efforts to secure equity or debt financing as required, collaborating with banks, investors, and rating agencies.
  • Develop communication strategies to convey the company’s financial performance, growth potential, and strategic goals to investors and stakeholders.
  • Tax Strategy and Optimization:
  • Develop and implement tax strategies to optimize the company’s tax obligations and ensure compliance with local and international tax laws.
  • Manage transfer pricing arrangements to enhance tax efficiency, especially for multinational operations.
  • Ensure timely and accurate tax filings and compliance with applicable tax laws.

Qualifications

  • Bachelor’s degree in Finance, Accounting, or related field; MBA, CFA, or similar professional certifications preferred.
  • 5+ years of progressive experience in finance, with expertise in financial planning, AR/AP management, risk management, and strategic finance.
  • Strong proficiency in financial modeling, budgeting, forecasting, and cash management.
  • Experience in M&A, LBOs, capital project analysis, and risk management is preferred.
  • Exceptional analytical, leadership, and communication skills.

Why Shinkei?\ At Shinkei, we value innovation, collaboration, and growth. As the Head of Finance, you will play a critical role in shaping the future of the organization. Join our team and help drive Shinkei’s success to new heights!