NowSecure, which pioneered the mobile security industry and helps the world’s largest financial institutions and organizations protect their data on mobile devices, recently closed on a $12.5 million Series A.  In conjunction with the fundraising and renewed focus on providing a comprehensive mobile security solution, NowSecure offers a comprehensive mobile security platform that protects end users, devices and apps.  Today the company’s clients include four of the five largest banks and large corporations across industries including finance, defense and healthcare and has been growing significantly year over year.

Who we are looking for:

The ideal VP of Finance offers numbers-driven insight and runs the financial operations for the company. As we continue to grow we need a well rounded, flexible VP of Finance who has experience in a SaaS company and in other business models. The VP of Finance will work cross-functionally to help senior leadership throughout the company understand our finances and use information about our productivity and profitability to drive decision making.

Overall, you will lead all strategic and tactical matters as they relate to KPIs, cohort analysis, budget management, cost benefit analysis, forecasting and long-term financial planning in addition to overseeing accounting and controls, financial analysis, internal and external reporting, treasury, tax, managing relationships with new/existing prospective lenders/investors, auditors, etc.  This is an opportunity to use your expertise in finance and performance data to take a company in high growth mode to the next level while being part of the executive team that is highly driven and motivated.

Business Insight and Management:

• Understand our business model and strategic goals so that the numbers back the decisions made. Meet regularly with other members of the executive team to ensure that the finance department is fully integrated with the company processes, operational and strategic goals – contributing financial analysis to drive decision-making wherever it will be helpful.
• Help to define and set strategic direction from a business and financial perspective.
• Consistently find ways to analyze/improve our finance and other performance data to evaluate processes, business decisions, product decisions, etc.
• Recommend benchmarks for measuring product, project and company performance, KPIs.
• Analyze trends in the marketplace, using historical & industry information to help us develop long-range business strategies.
• Identify areas of financial risk and opportunity – and try to keep us out ahead of both.
• Maintain a documented system of accounting policies and procedures and look for ways to make our procedures more efficient and effective.
• Enhance our systems and processes so that those operating within them do so as efficiently and with as little room for error as possible.
• Assess the technology needs of the Finance department and how manage billing as we scale. Evaluate the ways in which we use Quickbooks, Salesforce, Marketo etc. to suggest ways that we can better integrate these systems - or, if necessary, evaluate and recommend other technology solutions.
• Oversee the financial transactions managed by the rest of the Finance and Administration team.
• Work with all departments to find ways to use our financial resources efficiently in everything that we do.
• If needed, lead the integration team for an ERP system.

Finances

• Lead the team who manages NowSecure’s day to day cash flow requirements and help us make sure we always have adequate cash flows to meet our goals for growth.
• Negotiate vendor pricing and watch our spending in general so that are they are in line with the budget.
• Implement and manage purchasing policies and help govern our use of contractors.
• Maintain the chart of accounts and a system of controls over accounting transactions.
• Oversee the annual audit. Manage relationship with external auditors, provide required financial schedules in a timely manner, direct on-site visit, and ensure that internal controls are followed for all transactions.
• Oversee income tax preparation in partnership with our tax accountants. Work with external accounting firm to provide all necessary information, make sure that all schedules are accurate, and ensure that we are taking advantage of any and all available tax credits.

Reporting

• Budgets: Manage the production of the annual budget and ensure that department managers receive regular reports illustrating variance.
• Forecast: Work closely with the CEO on forecasting. Follow up with monthly reporting on financials and cash flow. Create a quarterly forecast scorecard to evaluate the effectiveness of the forecasting process and provide ideas and recommendations for improvement.
• Projects: Create an efficient way to use timesheet data to run reports on project profitability; analyze the reports to assess how our production process can be made more efficient and profitable.
• Board of Directors: Prepare financial statements, bookings reports, and updated forecasts for the Board of Directors. Identify any additional reports or metrics that would be useful.
• Proactively develop and deliver accurate, timely and meaningful financial reports and analyses.
• Refine current reporting/forecast process to better identify and manage operational and financial risks.
• Provide the analytical support and metrics required to enhance an understanding of financial and operating results.
• Ensure financial compliance with concession agreements and bank loans obligations.
• Work in conjunction with stakeholders and the CEO in capital raising efforts.
• Manage professional relationships with both internal and external constituencies, including shareholders, lenders, prospective investors, regulators, auditors, and Government agencies.

Human Resources

• Oversee the team working on compensation related matters including semi-monthly payroll, issuance of tax forms to employees and contractors, timely filing of quarterly payroll reports, etc. 
• Provide financial modeling to assist Sales in setting commission schedules and performance-based compensation plans and help assess salaries and salary trends in general for all of the awesome people who work here.
• Work with management team on setting bonus goals for each department and the metrics that will be used.

Essential Functions:

• You should have a demonstrated knowledge of strategy, finance, accounting, budgeting, and cost control principles, as well as experience with strategy in a high growth company.
• You must be proficient with QuickBooks, Excel and SalesForce and be able to pull together financial reports that are meaningful and automated as much as possible.
• Strong analytical skills. We need someone who is always thinking, quantifying, comparing, and coming up with ways to make our financial processes as efficient and effective as possible.
• Great organizational skills, impeccable attention to detail and the motivation to run the entire finance and administration operation for a growing company.
• A great mentor and manager, able to attract, grow, and retain amazing people by effectively recruit, develop, manage, motivate and retain a high quality finance staff, providing effective coaching and mentoring to the team.
• Excellent judgment. You will be called on to make recommendations that will impact every aspect of our business. We need to be able to trust your judgment completely.
• Integrity and a commitment to the highest possible ethical standards, plus discretion.
• Project and time management skills. You will be balancing multiple priorities and maintaining the day to day operations while ensuring that no monthly, quarterly or annual analysis or reporting requirements go unattended.
• The ability to be charming, especially while being persistent. It can be hard to keep creative genius bounded by business critical things like budgets, but you will need to have the skills to keep everyone on track.

Job Requirements and Qualifications:

• 10+ years of accounting/financial business experience, including significant experience in a SaaS company. You must have enough exposure to all areas of finance to prepare you to run the financial operations of a rapidly growing business.
• Prior experience with financial planning and analysis, and oversight of an organizational budget/forecasting process.
• Significant experience with QuickBooks. Exposure to Salesforce is a plus.
• Experience with VC-backed companies, and fundraising.
• M&A experience a huge plus.
• Experience working at one of the “Big Four” and/or in a start-up environment a plus.
• CPA significantly preferred; MBA or Master’s Degree in Finance or Accounting a plus.