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Head of Finance



Accounting & Finance
Seattle, WA, USA
Posted on Wednesday, October 4, 2023
OctoML is a leading startup in the fast-paced generative AI market. Our mission is to empower businesses to build differentiated applications that delight customers with the latest generative AI features.
Our platform, OctoAI, delivers generative AI infrastructure to run, tune, and scale models that power AI applications. OctoAI makes models work for you by providing developers easy access to efficient AI infrastructure so they can run the models they choose, tune them for their specific use case, and scale from dev to production seamlessly. With the fastest foundation models on the market (including Llama-2, Stable Diffusion, and SDXL), integrated customization solutions, and world-class ML systems under the hood, developers can focus on building apps that wow their customers without becoming AI infrastructure experts.
Our team consists of experts in cloud services, infrastructure, machine learning systems, hardware, and compilers as well as an accomplished go-to-market team with diverse backgrounds. We have secured over $130M in venture capital funding and will continue to grow over the next year. We're based largely in Seattle but have a remote-first culture with people working all over the US and elsewhere in the world.
We dream big but execute with focus and believe in creativity, productivity, and a balanced life. We value diversity in all dimensions and are always looking for talented people to join our team!
About the role:
We are on the lookout for a Head of Finance who can forge productive and proactive relationships across all OctoML departments, supporting our executive team and CEO. This pivotal role involves providing strategic financial guidance, spearheading financial research initiatives, and forecasting future financial needs, all while embracing cost-saving measures. You’ll stand at the helm of the Finance function, guiding executive leaders on budgeting and fund management to foster OctoML’s ongoing growth and success.


  • Create and oversee financial plans, budgets, and forecasts.
  • Analyze financial performance, comparing budget to actual and providing insights, data, and KPIs to executive leaders as the lead strategic finance business partner to the company.
  • Prepare and present accurate financial reports, ensuring regulatory compliance.
  • Oversee financial and accounting operations, ensuring as the company scales that the financial statements are presented in accordance with GAAP in preparation for an eventual independent financial statement audit.
  • Formulate fundraising strategies and manage investor relations.
  • Monitor cash flow projections/burn and ensure the company’s financial health.
  • Collaborate on OctoML's financial strategy and conduct financial analysis for business initiatives.
  • As the company scales, hire, train, and mentor finance professionals, overseeing daily finance operations.
  • Contribute to the broader team, department, and company culture.
  • Provide regular updates on financial spending and reports to executives and the board.
  • Managing private equity, funding rounds, and strategic investments.
  • Oversee equity budgets, shareholder activities, and compensation planning.

Ideal Experience:

  • 8+ years of proven experience, ideally with experience in hyper-growth startup environments.
  • Experience with managing and leading FP&A.
  • Exposure to private equity machine learning exposure is a plus.
  • Background in early product stages, pricing, and product launch.
  • Strong management background experience in cross-functional collaboration.
  • Proficient with tools such as QuickBooks, ADP, Carta, Expensify, Slack, GDrive, and Notion.
  • Ability to implement automation within the financial process and procedures.
  • Note: Strong emphasis on collaboration, accountability, transparency, and a proactive approach to responsibilities.
We recognize that people come with experience and talent beyond just the technical requirements of a job. If your experience is close to what you see listed here, please still consider applying. Diversity of experience and skills combined with passion is a key to innovation and excellence. Therefore, we encourage people from all backgrounds to apply to our positions. Please let us know if you require accommodations during the interview process.
Diversity & Inclusion:
Our mission extends beyond technological breakthroughs; we aim to mirror the diverse world we serve. We understand the unique insights, creativity, and perspectives a diverse team can bring, and we're actively seeking to broaden our horizons. As we look to the future, we aim to address our current diversity gaps and set new industry standards for inclusivity.
Benefits Our Team Enjoys:
• Comprehensive Healthcare: Fully covered premiums for employees and their dependents, including Medical, Dental, Vision, Life Insurance, and Disability Insurance.
• Competitive Compensation: A mix of salary, bonuses, and meaningful stock options.
• Financial Benefits: Flexible Spending Accounts for healthcare and dependent care, as well as a Health Savings Account for those opting for a high deductible plan.
• Future Planning: 401(k) options.
• Flexible Work Options: Remote and teleworking capabilities.
• Work-Life Balance: Flexible work hours, generous time off policies, company-sanctioned downtime twice a year, and company-paid holidays.
• Parental Benefits: Comprehensive parental leave plans for all new parents.
• Volunteer Time Off (VTO): Four days a year to give back and make a difference in communities.
• Additional Leaves: Including disability, paid family medical leave, and paid military leave.
At OctoML, we believe in creating an environment where everyone is valued and respected. Discrimination doesn't have a place in our culture. We evaluate individuals based on their abilities and effectiveness. We're committed to equal opportunity and ensuring that all qualified applicants receive consideration, free from biases related to race, color, religion, gender, identity, orientation, national origin, genetics, disability, age, or veteran status.