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CFO at startup

4 months ago

Old Toronto, Canada Whizz Full time
Job Title: CFO

Location: Remote

Job Type: Full-time

Company Overview

Whizz is an innovative e-bike/e-moped subscription service catering to delivery drivers in the US. We partner with leading companies like DoorDash and Grubhub, offering affordable $159/month rental subscriptions to independent delivery workers. In just two years, Whizz has grown rapidly, managing a fleet of 2,500 e-bikes primarily in New York and New Jersey, achieving a remarkable 250% year-over-year growth rate. Our mission is to serve an underserved audience of gig workers, aiming to manage the largest electric two-wheeler fleet in the US. Our dynamic team of 90 people is expanding quickly.

Mission of the Role

The Head of Finance will establish and lead a finance department that underpins the company's rapid growth with operational excellence and strategic financial management.

Key Responsibilities

  • Build Reliable Financial Processes: Develop and implement effective, transparent, and reliable financial processes, including day-to-day operations, accounting, internal/external reporting, budgeting, and analytics
  • Develop Financial Modeling and Forecasting: Create and maintain accurate financial models and forecasts to support the planning of new products, geographical expansion, and strategic hypotheses
  • Improve Budgeting and Cash Flow Management: Ensure cost-efficiency and financial control, enhance transparency, and maintain precision in daily spending while supporting the company's active growth
  • Collaborate on Fundraising Initiatives: Partner with the CEO to attract additional capital for growth, both in equity and debt. Continuously seek the best financing options available in the market

Requirements

Desired Skills and Experience

  • Proven experience in a senior finance role, preferably in a high-growth startup in the US
  • Strong expertise in financial modeling, forecasting, and budgeting
  • Understanding of accounting principles and financial regulations in the US
  • Ability to build and lead a high-performing finance team
  • Readiness to work in a high-growth startup, which means the ability to build processes from scratch, not just maintain existing ones

Benefits

  • Competitive salary and benefits package
  • Remote work flexibility
  • Opportunity to lead the finance function in a rapidly growing startup
  • Collaborative and innovative work environment
  • Potential for career growth and advancement within the company
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