Head of Finance

Wafer • San Francisco, CA

1d • Onsite

About The Position

Wafer is building AI systems that automatically optimize inference workloads across silicon. The company is well funded and serves trillions of tokens each month for mission-critical workloads at fast-growing AI startups. The Head of Finance will own the company’s financial operations, including billing, revenue and compute accounting, planning, and fundraising. Working directly with the founders, this person will build the finance function while carrying out its work directly.

The role is based on-site in San Francisco five days a week. It offers broad ownership and autonomy on a small team, and success is measured by how well the company understands and controls its financial numbers and how quickly it can act on them.

Requirements

• Have run finance at a high-growth startup, or held a strong finance role at one after banking, investing, or audit.
• Have owned a financial close and model rather than only reviewing them.
• Have worked with usage-based or infrastructure revenue, including metered billing, committed contracts, and revenue recognition.
• Be comfortable with a large, variable cost base.
• Have supported a fundraising or diligence process and be able to defend every number in the data room.
• Be able to work from raw data, including querying usage data or building reconciliations rather than waiting for reports.
• Be able to work without a specification, anticipate future company needs, and build for them.
• Demonstrate the stated values: Infinitely Resourceful, Exceptionalism, Unreasonable Standards, Company Over Self, High EQ, Learns Quickly, and First Principles Thinker.

Nice To Haves

• Experience with compute, cloud, or hardware commitments.

Responsibilities

• Own the books, monthly close, and audit, and produce accurate financials each month.
• Own billing and revenue accounting for usage-based and committed contracts, ensuring usage is billed correctly and reconciles to reported figures.
• Build the financial model and planning process covering revenue, gross margin by product, compute spend, and hiring.
• Manage compute economics with the team responsible for purchasing it, including GPU contracts, capacity commitments, financing, and cash.
• Manage finance work for fundraising and investor reporting, including the data room, diligence, and board materials.
• Oversee tax, payroll, equity administration, insurance, and vendor contracts, using outside partners where appropriate.
• Build the systems and controls needed to support company growth without slowing it down.
• Build the finance function while performing its work directly and helping the company understand and control its numbers.

Benefits

• Fully covered medical, dental, and vision insurance.
• Daily lunch and dinner.
• Unlimited PTO.
• Parental leave.
• $1K/month post-tax housing stipend for employees living within walking distance (0.5 miles) of the office.
• Relocation allowance and benefits.
• Covered Uber/Waymo transportation to and from the office.
• Visa sponsorship available.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Education Level: No Education Listed