Head of Finance

Wafer•San Francisco, CA
•Onsite

About The Position

Wafer is building AI systems that automatically optimize inference workloads across silicon. The company serves trillions of tokens each month for mission-critical workloads at fast-growing AI startups. The Head of Finance will own Wafer’s financial operations, including billing, revenue and compute accounting, planning, and fundraising support. Working directly with the founders, this person will build the finance function while also executing its day-to-day work. The role owns the books, monthly close, and audit, and is responsible for timely, accurate financials. It oversees billing and revenue accounting for usage-based and committed contracts, ensuring token usage is billed correctly and reconciles with reported results. It also builds the financial model and planning process across revenue, product gross margin, compute spending, and hiring; manages compute economics with the team responsible for purchasing capacity; and leads finance work for fundraising and investor reporting. Additional ownership includes tax, payroll, equity administration, insurance, vendor contracts, and scalable systems and controls. The position is onsite in San Francisco five days a week, with substantial autonomy and broad ownership.

Requirements

  • Experience running finance at a high-growth startup, or holding a strong finance role at one after banking, investing, or audit.
  • Have owned a financial close and model rather than only reviewing them.
  • Experience with usage-based or infrastructure revenue, including metered billing, committed contracts, and revenue recognition.
  • Comfort working with a large, variable cost base.
  • Experience supporting a fundraise or diligence process and defending the numbers in a data room.
  • Technical ability to work with raw data, such as querying usage data or building reconciliations directly.
  • Ability to work without a detailed specification, anticipate future company needs, and build for them.

Nice To Haves

  • Experience with compute, cloud, or hardware commitments.

Responsibilities

  • Own the books, monthly close, and audit, delivering accurate financials quickly each month.
  • Own billing and revenue accounting for usage-based and committed contracts, and reconcile token usage to billed and reported amounts.
  • Build the financial model and planning process for revenue, gross margin by product, compute spending, and hiring.
  • Manage compute economics with the purchasing team, including GPU contracts, capacity commitments, financing, and cash.
  • Run the finance side of fundraising and investor reporting, including the data room, diligence, and board materials.
  • Own tax, payroll, equity administration, insurance, and vendor contracts, using outside partners where appropriate.
  • Build scalable financial systems and controls.
  • Build the finance function while carrying out its work directly.

Benefits

  • Fully covered medical, dental, and vision insurance.
  • Daily lunch and dinner.
  • Unlimited PTO.
  • Parental leave.
  • $1,000 per month post-tax housing stipend for employees who live within 0.5 miles walking distance of the office.
  • Relocation allowance and benefits.
  • Covered Uber or Waymo transportation to and from the office.
  • Visa sponsorship available.
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