Lead financial planning and analysis: create budgets, forecasts, and long-term financial models that guide the company’s growth strategy. Regularly update the leadership team and board with financial reports and insights on our performance.
Oversee all accounting operations, ensuring accuracy in bookkeeping, timely financial reporting (income statements, balance sheets, cash flow statements), and compliance with GAAP and tax requirements.
Manage cash flow and capital allocation. This includes overseeing revenue from our SaaS subscriptions (e.g., tracking the $1 per account usage-based income), controlling expenses, and planning for future funding needs.
Work closely with the CEO on fundraising efforts when needed: prepare financial projections and investor materials, support due diligence processes, and maintain relationships with investors and financial institutions.
Refine and evaluate our business model and pricing strategy. Ensure that the pricing (including volume discounts or custom plans) makes financial sense, and analyze profitability by customer segment, feature, or module.
Implement and monitor internal controls to protect company assets and ensure efficient operations. This includes approving major expenditures, setting up financial policies, and possibly implementing financial software/tools to streamline processes.
Ensure that the company is following all financial regulations and legal standards, including any specific to the fintech industry (though Methodic itself may not be a regulated financial entity, our operations—like handling clients’ funds for billing—must be squeaky clean).
Build and mentor a finance team (perhaps starting with a controller or financial analyst) as the company grows. Foster a culture of data-driven decision making and fiscal responsibility within the organization.