POSTED Nov 18

VP, Finance

at EnCharge AI ⋅ San Jose, California

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EnCharge AI is a leader in advanced AI hardware and software systems for edge-to-cloud computing. EnCharge’s robust and scalable next-generation in-memory computing technology provides orders-of-magnitude higher compute efficiency and density compared to today’s best-in-class solutions. The high-performance architecture is coupled with seamless software integration and will enable the immense potential of AI to be accessible in power, energy, and space constrained applications. EnCharge AI launched in 2022 and is led by veteran technologists with backgrounds in semiconductor design and AI systems.

About the Role

The VP, Finance at EnchargeAI will report to the COO and will play a key role in driving the company’s financial strategy and operational success as we continue to scale. The VP, Finance will be responsible for expanding and strengthening the finance function to support the next phase of growth. This is an exciting opportunity to make a significant impact by building on existing financial frameworks and supporting capital market activities.

The successful candidate will join the executive leadership team and actively participate in all board meetings. As VP, Finance, your contributions will play a critical role in scaling the company and navigating future financing rounds. The leadership team envisions this role evolving into a potential CFO position as the company continues to grow.

This role can be remote; ideally the candidate will be based in the Bay Area and can be in our office in San Jose on a hybrid basis.

Responsibilities

Oversee and strengthen budgeting, forecasting, financial analysis, and accounting operations.
Develop financial models to guide the company’s strategy and decision-making, providing forward-looking insights.
Ensure accurate and timely financial reporting, maintaining compliance with all applicable regulations and accounting standards.
Partner with the executive team to support key business decisions, including contract negotiations and strategic initiatives.
Manage cash flow and ensure adequate funding to support the company’s growth initiatives.
Work closely with the C-Suite on fundraising efforts, including preparing financial materials for potential investors, managing relationships with current investors, and ensuring compliance with investor expectations.
Develop and track key financial metrics, reporting to the CEO, and Board of Directors on business performance.
Oversee audit processes and build relationships with external auditors to ensure timely and efficient audit completion.
Work closely with the CBO (sales, marketing, applications, channels, product management) as a business partner on all aspects from business modelling, to compensation plans, reseller agreements and collaboration contracts.
Ensure that the company is compliant with all relevant financial regulations, and manage risks related to financial operations and reporting.
Provide strategic input in areas such as pricing models, costing and unit economics.
Identify and proactively initiate process implemention in areas such as PO approval, Payroll approval, Budget monitoring/planning and invoice review and approval.
Treasury and banking management.
Lead ERP implementation to ensure alignment with company’s business model, operational needs and goals.

Qualifications

CPA preferred, MBA is a plus.
7+ years of progressive finance and accounting experience in the semiconductor industry.
Proven ability to lead financial planning, analysis, and budgeting processes in a dynamic environment.
Experience building financial infrastructure from the ground up, with a strong knowledge of GAAP and other financial regulations.
Exposure to capital markets and fundraising activities, with a solid understanding of investor relations.
Hands-on leader with experience building and scaling finance teams.
Strong analytical, strategic, and communication skills, with the ability to translate financial insights into actionable business decisions.

Salary Range: