Humba Ventures
Job Title: Head of Finance\ Location: El Segundo, CA
About Shinkei Systems
Shinkei builds robots to produce Michelin grade fish at commodity costs. We are seeking an experienced Head of Finance to scale our finance operations, lead M&A, and support aggressive growth plans to transform an archaic industry.
This key role is responsible for driving financial performance, managing financial risks, optimizing cash flow, and guiding the company’s long-term financial strategy.
Key Responsibilities
#J-18808-LjbffrAbout Shinkei Systems
Shinkei builds robots to produce Michelin grade fish at commodity costs. We are seeking an experienced Head of Finance to scale our finance operations, lead M&A, and support aggressive growth plans to transform an archaic industry.
This key 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.
- 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.
- 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 agencies.
- 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.