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Senior Director, FP&A

Ambient.ai is a unified, AI-powered physical security platform that helps enterprise organizations reduce risk, improve security operation efficiency, and gain critical insights. Seven of the top 10 U.S. technology companies and multiple Fortune 500 organizations across various industries leverage Ambient.ai to unify their security infrastructure and significantly enhance their security posture.

The Ambient.ai platform applies AI and computer vision intelligence to existing sensor and camera infrastructure to monitor and detect threats continuously in real-time. Ambient.ai does this while simultaneously decreasing false alarms by over 95%, allowing security teams to focus on legitimate threats. With Ambient.ai, companies can do more with less and prevent security incidents before they happen.

We were founded in 2017 by Shikhar Shrestha and Vikesh Khanna, experts in artificial intelligence from Stanford University who previously built iconic products at Apple, Google, Microsoft, and Dropbox. We are a Series-B company backed by Andreessen Horowitz (a16z), Allegion Ventures, SV Angel, Y Combinator, and investment angels like Jyoti Bansal, Mark Leslie, and Elad Gil.

Named on the YC Top Companies List 2021, 2022, 2023, and the Forbes Cloud 100 Rising Stars 2020, we are turning the impossible into the inevitable. We always seek passionate people who enjoy solving the most challenging problems with cutting-edge AI/ML.

Position Overview

We are seeking a dynamic and results-driven (Senior) Director of Strategic Finance & Corporate FP&A to join our leadership team at Ambient. This role is crucial in guiding our financial strategy and enhancing our financial planning and analysis (FP&A) capabilities. The ideal candidate will have extensive experience in a high-growth tech startup environment, demonstrating a proven ability to lead FP&A functions and drive strategic financial initiatives. This position reports directly to the CFO and will work closely with executive leadership to inform decision-making, strategic planning, and ultimately drive the business forward.

What You’ll Do

  • Executive Reporting and Analysis: Develop comprehensive documentation and narratives for executive-level and Board of Directors financial presentations, standard monthly and quarterly close reports, and detailed annual budgeting documents, ensuring clarity and strategic insights for key stakeholders.

  • Leadership in Financial Planning: Spearhead the annual budget, quarterly forecasts, and long-range strategic planning processes, ensuring alignment with Ambient’s overall business objectives. Collaborate with cross-functional teams to incorporate their insights into financial planning.

  • Collaboration with Cross-Functional Teams: Partner closely with the Accounting, Sales, Marketing, CS, and Engineering teams to enhance the quality and effectiveness of management reporting, operational performance tracking, and financial metrics analysis.

  • Tool Optimization and Reporting Enhancements: Drive continuous improvement in FP&A reporting and planning tools, ensuring they meet the evolving needs of the organization and enhance decision-making capabilities.

  • Forecasting and Model Maintenance: Oversee the development and maintenance of financial forecast models, and budget models. Ensure rigorous analysis and accuracy in financial projections on a project-by-project basis.

  • Comprehensive Financial Reporting: Generate detailed monthly, quarterly, and annual reports on financial performance, including budget variance analysis, scenario analysis, stress testing, and KPI results. Effectively communicate findings to executive leadership, board members, and other key stakeholders.

  • Strategic Project Support: Collaborate with the CFO, other C-suite executives, and the functional leadership on high-impact projects, including fundraising strategies and large-scale capital markets initiatives. Provide financial insights and analysis to support critical business decisions.

  • KPI Development and Reporting: Lead the development, implementation, and ongoing refinement of key performance indicators (KPIs) to measure financial and operational success. Regularly report on KPI performance to executive leadership, ensuring alignment with strategic goals.

  • Process Improvement in Accounting: Work with the Accounting team to enhance accounting and reporting processes, ensuring compliance and efficiency in financial operations.

Who You Are

  • Bachelor's degree in finance, accounting, business administration, or a related field.

  • 7+ years of experience in FP&A or finance, with a minimum of 2 years in a leadership role within a tech startup or high-growth environment. Prior experience in investment banking, PE, or strategy consulting is highly desirable.

  • Strong proficiency in financial modeling, forecasting, and budgeting; experience with financial planning software and tools. Familiarity with data analysis tools is a plus.

  • Exceptional leadership skills with the ability to influence and engage stakeholders at all levels. Excellent verbal and written communication skills, with a strong capacity to clearly present complex financial information.

  • Proven ability to analyze complex financial data, identify trends, and make data-driven recommendations to drive strategic initiatives.

  • Strong interpersonal skills with a proven track record of building effective relationships across diverse teams and functions

#LI-Remote

Ambient.ai is proud to be an Equal Opportunity Employer.  Ambient does not unlawfully discriminate on the basis of race, color, religion, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity, gender expression, national origin, ancestry citizenship, age, physical or mental disability, legally protected medical condition, family care status, military or veteran status, marital status, registered domestic partner status, sexual orientation, genetic information, or any other basis protected by local, state, or federal laws. Ambient is an E-Verify participant.

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CEO of Ambient.ai
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Shikhar Shrestha
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Average salary estimate

$150000 / YEARLY (est.)
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$120000K
$180000K

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What You Should Know About Senior Director, FP&A, Ambient.ai

Are you ready to take on a leadership role that blends finance with cutting-edge technology? Ambient.ai, a pioneer in AI-powered physical security solutions, is on the lookout for a passionate and driven Senior Director of FP&A to join our innovative team. Founded by Stanford alumni who have built iconic products for some of the biggest names in tech, we pride ourselves on using AI and computer vision to enhance security operations and reduce risks for enterprise clients. As the Senior Director of FP&A at Ambient.ai, you'll collaborate closely with executive leadership to develop forward-thinking financial strategies that empower our growth trajectory. You'll lead comprehensive executive reports, navigate the complexities of financial modeling, and drive strategic planning processes that align with our company’s mission. Being part of our vibrant team means you'll have the chance to engage with diverse functionalities across the organization, from Accounting to Engineering, enhancing the overall quality and effectiveness of financial planning. Your role will also involve optimizing reporting tools and driving innovative financial insights that support impactful business decisions. With a focus on KPIs, budgeting, and forecasting, you'll help to ensure that Ambient.ai continues to lead the market as a trusted partner for Fortune 500 companies. If you thrive in a dynamic startup environment and have a knack for transforming data into actionable insights, we want to hear from you!

Frequently Asked Questions (FAQs) for Senior Director, FP&A Role at Ambient.ai
What are the main responsibilities of a Senior Director of FP&A at Ambient.ai?

The Senior Director of FP&A at Ambient.ai is responsible for guiding our financial strategy, managing executive reporting, leading the annual budgeting process, and collaborating with cross-functional teams to enhance financial analysis. This role is pivotal for ensuring that financial planning aligns with our growth objectives and that executive leadership has the necessary insights to drive the business forward.

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What qualifications are needed for the Senior Director of FP&A position at Ambient.ai?

Candidates for the Senior Director of FP&A position at Ambient.ai should possess a Bachelor’s degree in finance, accounting, or a related field, along with a minimum of 7 years of relevant experience. This includes at least 2 years in a leadership role within a tech startup or high-growth company. Proficiency in financial modeling and strategic consulting experience are also preferred.

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How does the Senior Director of FP&A collaborate with other teams at Ambient.ai?

The Senior Director of FP&A collaborates closely with various cross-functional teams including Accounting, Sales, Marketing, and Engineering. By partnering with these teams, the Director ensures high-quality management reporting and incorporates valuable insights into financial planning processes, enhancing overall operational effectiveness.

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What tools will the Senior Director of FP&A be using at Ambient.ai?

At Ambient.ai, the Senior Director of FP&A will utilize advanced financial planning software and tools. Continuous improvement in reporting and planning tools is a significant aspect of the role, ensuring that the organization can adapt and enhance its decision-making capabilities in line with evolving business needs.

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What opportunities for growth exist for the Senior Director of FP&A at Ambient.ai?

As a rapidly growing company, Ambient.ai offers significant opportunities for professional development and career advancement. The Senior Director of FP&A will play a crucial role in shaping financial strategies and initiatives that directly affect the company’s performance, providing a pathway to further executive leadership roles.

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Common Interview Questions for Senior Director, FP&A
Can you explain your experience with financial modeling as a Senior Director of FP&A?

Certainly! In my previous roles, I have led the development of complex financial models to aid in forecasting and budget analysis. I emphasize accuracy and include sensitivity analyses to account for various business scenarios. My approach involves constant collaboration with different teams to ensure the models capture vital operational inputs.

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How do you approach the annual budgeting process?

I believe in a collaborative budgeting process that involves input from various departments. This ensures that the budget aligns with the overall strategic goals of the company. I typically start by reviewing historical performance data, incorporating feedback from departmental heads, and then iteratively refining the budget based on financial forecasts.

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How do you ensure accuracy in your financial reporting?

To ensure accuracy in financial reporting, I implement a thorough review process where I validate data from multiple sources. I also employ various accounting software tools to automate data collection while performing manual checks for critical reports. This dual approach helps to maintain high integrity in our reporting.

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What is your experience with developing KPIs in a startup environment?

In a startup setting, I focus on developing KPIs that are aligned with immediate business objectives while being adaptable for future growth. I work closely with different teams to identify indicators that genuinely reflect business performance, ensuring regular reviews and adjustments to these KPIs to keep them relevant.

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How do you prioritize demands when there are competing financial requests?

I prioritize demands based on strategic alignment, potential ROI, and urgency. I typically hold regular meetings with other departments to discuss their financial needs and align them with the overall business strategy. This open channel of communication helps in making informed and balanced prioritization decisions.

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What has been your experience leading a finance team?

Leading a finance team involves not only managing the day-to-day operations but also mentoring and developing team members. I ensure clear communication of expectations and foster an inclusive environment where team members feel empowered to contribute their ideas and insights.

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How do you handle pressure during financial reporting deadlines?

I thrive under pressure by maintaining organized workflows and adhering to deadlines. I prepare a detailed timeline well ahead of reporting periods, allowing ample time for reviews and adjustments. This proactive approach significantly mitigates the stress of last-minute changes.

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Can you share an example of a successful financial strategy you implemented?

In my last role, I led a financial restructuring that optimized our cost structure while maintaining operational efficiency. By implementing zero-based budgeting and renegotiating contracts, we successfully reduced costs by 15% without compromising service quality.

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How do you keep up with changes in financial regulations and industry standards?

I stay current by participating in professional associations, attending industry seminars, and subscribing to relevant financial news sources. I also encourage my team to share insights and findings, ensuring collective awareness and compliance with evolving regulations.

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What do you consider the most crucial skills for a Senior Director of FP&A?

The most crucial skills include strong analytical abilities, effective communication, and leadership skills. It’s essential to analyze complex data, articulate findings clearly to stakeholders, and lead a team towards achieving financial excellence while aligning with the company's strategic goals.

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When you join Ambient, you join our Mission to prevent every security incident possible. Your work has the potential to save human lives. We are already working in top schools, retailers, museums, and enterprise companies across the globe. We a...

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Full-time, remote
DATE POSTED
January 14, 2025

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