Business Operations Lead

Seneca•Sausalito, CA
•$125,000 - $200,000•Onsite

About The Position

Seneca is seeking a Business Operations Lead to manage strategic finance, accounting, contracts, insurance, compliance, purchasing, payroll and benefits, and office operations. This role will be responsible for up-leveling the organization's daily operations and supporting key strategic initiatives such as M&A, financings, and partnerships. The position reports to the CEO and will involve close collaboration and the potential to hire additional resources.

Requirements

  • Experience in strategic finance or private equity and/or investment banking.
  • Experience running finance and operations at a venture-backed startup, ideally one that builds hardware, through a period of significant growth.
  • Strong understanding of accounting principles, including GAAP, revenue recognition, inventory, and capitalized R&D, sufficient to manage an outside firm and identify errors.
  • Generalist with a hands-on, operational approach; focused on fixing problems.
  • Proven ability to design scalable operational processes, automate manual workflows, identify future bottlenecks, and evaluate tools, partners, and vendors for long-term scalability.
  • Ability to handle confidential information with care.
  • Clear and plain written and verbal communication skills, with the ability to explain business concepts to diverse audiences.
  • Willingness to work in person in Sausalito.

Nice To Haves

  • A history of excellence, as this role will partner closely with the CEO.

Responsibilities

  • Run the finance function, including FP&A and accounting.
  • Partner with teams on cost and revenue optimization strategies.
  • Own the monthly close process with the outside accounting firm.
  • Manage accounting for a hardware company, including inventory, BOMs, capitalized R&D, fixed assets, and revenue recognition on multi-year contracts.
  • Handle invoicing and collections, including milestone billing on government and utility contracts.
  • Develop expense management policies and suggest monthly budgets, ensuring adherence.
  • Maintain the budget and board package.
  • Own contracts, working with outside counsel on customer agreements, supplier terms, NDAs, and government contracting paperwork.
  • Manage insurance, including aviation and product liability.
  • Maintain the compliance calendar, including corporate filings, state registrations, export controls, and public agency selling requirements.
  • Run purchasing processes, including approvals, corporate cards, expense policy, and vendor setup.
  • Negotiate large vendor and supplier agreements.
  • Partner with outside counsel on legal matters such as NDAs and partnership agreements.
  • Oversee payroll, benefits, and HRIS through vendors.
  • Assist with recruitment efforts.
  • Manage compensation and equity, including bands, offers, grants, refreshes, and the promotion process in partnership with the CEO.
  • Ensure HR compliance, including I-9s, multi-state registrations, handbook, and required trainings.
  • Serve as a confidential point of contact for employees regarding issues.
  • Own finance and ops systems (Ramp, Rippling, Carta, QuickBooks) and evaluate replacement needs.
  • Manage the Sausalito office, including lease, facilities, IT, and security basics, and equipment.

Benefits

  • Competitive Salary
  • Equity Compensation
  • Comprehensive Health Coverage (Medical, Dental, and Vision)
  • Health Savings Account (HSA)
  • Unlimited PTO
  • Paid company holidays
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