Vice President, Global Head of Finance
REE Technology
Vay has developed an alternative approach to autonomous driving called teledriving (remote driving) - to solve transportation in metropolitan areas.
Vay is the first company that has driven a car on European public roads with no one inside. Vay is the leading teledriving company setting the global standard for remotely driven vehicles. Vay aims to launch a safe, affordable, and sustainable door-to-door mobility service in the US, Germany and beyond. With its first service, Vay plans to remotely deliver and return electric cars for its customers.
This is very ambitious. And we can’t do it alone. So we'd love to meet you!
The role:
The VP of Finance will be reporting directly to the CEO. The role will sit on the executive team and will be critical as we scale our B2C business en route to fundraising for our Series-C toward the end of next year. Alongside the CEO, this role will be jointly responsible for raising capital so that the business can deliver on its potential.
The responsibilities:
- Lead the finance team across all aspects of FP&A, accounting, controlling, treasury, and tax. The team currently consists of 3 FTEs and 1 Intern
- Implement processes that enable accurate forecasting, internal controls, and continue to develop a culture of cost-consciousness, strict on non-essential costs but willing to invest when it is strategically important
- Lead the financial planning and budgeting of the company
- Weigh in on capital allocation with the C-Suite and board, and specifically through the budgeting process
- Lead all financial modelling, most importantly for:
- Unit Economics
- Cash Flow Scenarios and Management
- Fundraising
- Lead preparation of quarterly investor reporting & financial statements reporting
- Lead the entire data room and due diligence for fundraising activities
- Lead external engagement with Finance partners, including; banks, auditors, tax consultants, and insurance companies on all matters related to the financial management of the business
The profile:
- Based either remotely in the US or onsite in Berlin
- Have or obtain a comprehensive grasp of HGB (German accounting law)
- Fluent in English both written and spoken
- Being fluent in German is a plus
- Be in the office a minimum of 3-days a week
- Minimum of 10 years of experience leading a Finance team in one (or more) of the following functions:
- FP&A (Financial Planning & Analysis),
- Financial Controlling (Accounting Operations),
- Accounting and/or
- Audit
- Strong ability to articulate financial matters to non-financial stakeholders
- Foremost results-oriented building and inculcating this financial language across the entire business.
- Be a trusted advisor to the C-Suite and Chairman
- Have strong B2C experience, but be comfortable with B2B businesses too.
- Experience with US entities and US GAAP
- Ideally, International experience, ie, leading a finance function that has more than one country in its operations.
Our values:
- We pioneer change: At Vay, we’re doing work that has never been done before. This comes with challenges, frustrations and failures along the way. We embrace these challenges through perseverance and innovation, delivering creative solutions to overcome them.
- We fuel collaboration: At Vay, we work as a team and strive for a common goal. We celebrate diversity and encourage different opinions. Our teams and partners communicate and collaborate openly. Together we build, improve, and grow.
- We drive action: At Vay, everyone takes pride and commitment in their role for every task and every challenge. We are biassed towards action and get behind the steering wheel, even when there is none. We are empowered to take initiative and drive it to completion.
- We build trust: At Vay, we consistently do the right thing, and follow through on our commitments to stakeholders, users and society. We understand their expectations and always respond in a way that feels human and respectful. We always put safety first and safety second.
- We create magic: At Vay, we don’t just make things that work, we build products people love. We create unexpected and delightful moments for our riders. We design end-to-end experiences that leave a lasting expression.
Additional benefits:
- You’ll be joining a highly committed, experienced, fun, and international team from over 30 countries. The team has previously worked at companies such as Tesla, Google, Waymo, Zoox, Byton, Argo, Amazon, Uber as well as Audi, BMW, and Daimler and has founded various companies before
- You would be a part of solving transportation in metropolitan areas all over the world – from Europe
- We organise thoughtful & fun team events throughout the year
- We provide healthy snacks, drinks, and coffee at our waterfront office in Berlin
- Company ESOP (stock options)
- Free German classes
Vay is committed to building an inclusive, supportive place for you to do the best and most rewarding work of your career.
Come join the future!
