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Chief Financial Officer (Hybrid)


Transfix


New York, US

  • Job Type: Full-Time
  • Function: Accounting/Finance
  • Industry: Logistics
  • Post Date: 03/15/2023
  • Website: transfix.io
  • Company Address: 498 7th Avenue, New York, NY 10018, US
  • Salary Range: $300,000 - $375,000

About Transfix

Powering the future of freight.

Job Description

About Transfix:
 
Transfix, named to Forbes’ “Next Billion-Dollar Startups” list, is the leading transportation solutions provider whose digital brokerage marketplace and logistics software offerings are helping transform the $800 billion trucking industry. Since its founding in 2013, Transfix has been driven by a mission to deliver simple, smart, and sustainable solutions for shippers and carriers, powered by people and technology.
 
Here at Transfix, we are not only building incredible technology to help solve some of the world’s biggest, most complex, and most important challenges in the freight and logistics industry; We are also helping protect our environment and are passionate about making the world a better place by increasing sustainability and eliminating the extreme amount of waste that currently exists in our industry.
 
By combining deep industry expertise and a best in class carrier network with cutting-edge technology, Transfix is reimagining the world of transportation. Transfix works with some of the largest Fortune 500 companies such as Staples, Unilever, Target and Wayfair rely on Transfix to handle their most important FTL freight needs. With instant pricing, algorithmic matching, superior service, and unmatched intelligence, Transfix is optimizing the supply chain from start to finish. 
 
The problems we solve everyday are real and require creativity, grit, and determination. Recognized as one of Built In’s Best Places to Work 2021, Transfix is building a culture that challenges norms while fostering experimentation and personal growth. We’re hiring team members who are passionate and are energized by the vision to simplify and transform one of the largest and most complex industries through technology, data and a strong commitment to customers. 

About the Role:

Transfix is on an exciting growth path as we disrupt a $300 billion industry with our unparalleled intelligent freight technology. We are looking for a Chief Financial Officer to continue to take our business to the next level. Reporting directly to our Co-Founder and CEO, this role will play an integral part in driving the overall strategic direction of our growing business with full oversight of our finance functions including financial management, accounting, treasury, and overall strategy.

In this role, you will drive our business forward internally and externally as we continue to take Transfix to the next level through our current stage of growth.

The ideal candidate has over a decade of progressive strategic finance experience within late stage startups, with a deep understanding of, and experience leading and navigating successful growth and exit strategies, whether IPO, acquisition, or other means. This role is ideal for you if you’re a strong coach and mentor who loves to get into the weeds, but can also confidently engage with executives and Board members to share a compelling vision.

We are seeking an operational Finance leader who can lead a highly complex, data-driven financial organization day to day while also thinking strategically for the long term. We have a high bar for talent, and expect our executives to lead and build best-in-class teams as we continue to disrupt a massive, traditional industry. If this sounds like you, please keep reading!

*Note: This position will be a hybrid role based out of our New York, NY office, with an expectation of 2-3 days in office per week. 

In this Role You Will

  • As a member of Transfix’s executive leadership team, work with executive peers and board members to develop strategies around short, mid, and long-term financial and business sustainability and success
  • Oversee finance, accounting, budget management, tax and compliance
  • Help lead fundraising and/or debt financing efforts, working closely with the executive team; manage ongoing relationships with lending/financial institutions
  • Help develop company roadmap around exit strategies, whether M&A, IPO, or other means
  • Lead all aspects of financial planning, budgeting and forecasting, working closely with the executive team to plan for key revenue and cost drivers
  • Manage cash flow and oversee accounting operations such as account receivables, account payables, payroll, and other functions
  • Evaluate, manage, and further develop and improve accounting systems, reporting and policies to ensure compliance and accordance with generally accepted accounting principles
  • Oversee and further develop and improve financial reporting infrastructure to enable strategic decisions, maintain ongoing analysis and performance tracking for the executive team and Transfix at large
  • Effectively lead and collaborate cross-functionally with Sales, Marketing, Product, Pricing, Data & Analytics, Engineering, and other teams 
  • Partner with legal and client development to align on contractual terms
  • Lead and continue to build and develop a world-class finance and accounting team
  • Prepare and present financials to the company, board members and key stakeholders
  • Manage and support tax planning and compliance with all required federal, state, local, payroll, property and other applicable taxes
  • Partner closely with our external accounting firm to manage and support audit processes

You’re an Excellent Fit for this Role if You Bring

  • 15+ years of related, progressive experience, with at least 7+ years of experience overseeing all aspects of finance and accounting in a strategic leadership role 
  • A track record of creating and executing a sustainable financial strategy while partnering with operational and sales teams
  • Proven track record of successfully managing and building high performing teams; one of your super powers is training and developing talent to tap into their full potential
  • Experience working closely with Boards and presenting internally and externally 
  • Experience scaling a mid or late-stage startup up through a successful exit
  • Significant experience developing strategy for and managing treasury and cash flow management functions in a B2B or similar atmosphere
  • Exceptional project management skills with the ability to multitask, prioritize, and meet critical deadlines in a fast-paced, scrappy environment
  • A keen eye for detail and precision, with the ability to roll up your sleeves and step into the weeds when needed
  • Experience with financing, mergers & acquisitions (M&A), and investor relations.
  • Strong analytical and quantitative skills, with the ability to think both strategically and drive fast-paced execution
  • Resourcefulness and a bias toward innovation, lifelong learning, and continuous improvement
  • Intellectual curiosity: we are disrupting a highly complex industry with a two sided, fragmented marketplace, and we need someone who can drive in and learn our complexities quickly, and enjoy it.
  • Humility and a collaborative mindset: you’re more about getting it than being right
  • Bachelor's degree in Accounting, Finance or Business; MBA nice to have, but not required

What You can Expect from Transfix

  • This role pays a base salary between $300,000 and $375,000 per year depending on experience level, a target ~20% annual cash bonus, as well as long-term equity  in Transfix.
  • We offer 100% company paid medical, dental, and vision health benefit premiums. That's $0 out of your paycheck!
  • We offer 3 months of parental leave for birthing and non-birthing parents, fertility coverage, childcare support, pet insurance, gym reimbursement, unlimited sick days, flexible PTO, and have 7 company holidays + 3 floating holidays.
  • A commitment to Diversity, Equity, Inclusion, Justice, and Sustainability. Approximately 40% of our executive Leadership team is female, and half of our employee population is BIPOC. We have several incredible Employee Resource Groups (ERGs), such as Pride@, Somos@, ForTheCulture@, AAPI@ and Women@, and are committed to continuously improving diversity, inclusion, equity, and justice every single day.

Note: If you are looking for a salary outside of this range, but this role looks exciting to you, we still encourage you to apply. We may have other opportunities aligned for your background.

#LI-Hybrid
#LI-LR1

 
Are you concerned that you don't meet every job requirement? Studies have shown that women are less likely to apply to jobs unless they meet every single qualification, and we know that companies that welcome diversity are 170% more innovative. At Transfix, we are dedicated to building a diverse, inclusive, and equitable workplace, so if you’re excited about this role, even if your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply! You may be more aligned than you think for this role, or a great fit for other roles here.

Transfix is deeply committed to advancing diversity, equity, inclusion, and justice in our hiring, programming, and in our work both internally and externally. We recognize how critical diversity, equity, inclusion, and justice are to achieving our mission, our growth, and our success. In support of this commitment, some of our focuses include (but are not limited to):
  • Developing policies, procedures, and services to our employees, carriers, and shippers that uplift and protect to prevent inequalities
  • Building relationships among our employees, customers, and supporters that are reflective of our community
  • Prioritizing the inclusion of diverse communities and underrepresented groups in internal leadership
  • Fostering a culture of compassion, empathy, open-mindedness, compassion, and inclusivity
  • Creating and maintaining opportunities for continuous education, discourse, and engagement related to issues of equity, diversity, inclusion, and social justice
Transfix is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Transfix are based on business needs, job requirements, and individual qualifications, and are made without regard to race, creed, color, religion, gender, sexual orientation, gender identity/expression, national origin, disability, age, genetic information, veteran status, marital status, pregnancy or related condition (including breastfeeding), or any other basis protected by law. It is Transfix’s policy to comply with all applicable national, state and local laws pertaining to nondiscrimination and equal opportunity. Transfix does not and will not tolerate discrimination or harassment based on any of these characteristics. Transfix encourages applicants of all ages.
 
To all recruitment agencies: Transfix does not accept unsolicited agency resumes and will not be held responsible for any fees related to unsolicited resumes.

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