Role Overview for Chief Financial Officer with a Venture-Backed SaaS – Boston, MA
JRG Partners is proud to partner with a rapidly scaling, venture-backed SaaS company at the forefront of its industry. Located in the vibrant tech hub of Boston, MA, our client is on a mission to revolutionize their market with a cutting-edge platform that delivers unparalleled value to its enterprise customers. Following a successful and oversubscribed funding round, they are seeking a visionary and operationally-driven Chief Financial Officer (CFO) to join their executive leadership team.
This is not just a finance role; it is a strategic partnership with the CEO and the Board of Directors to shape the future of the company. The CFO will be the key architect of the company’s financial strategy, responsible for building a world-class finance function that can support exponential growth. You will be instrumental in navigating the complexities of scaling, from optimizing capital allocation and refining the business model to leading future fundraising efforts and preparing the company for a major liquidity event, such as an IPO or strategic acquisition.
The ideal candidate is a seasoned financial leader with a proven track record in high-growth SaaS environments. You are a strategic thinker who can see the big picture and a hands-on operator who can dive into the details. You thrive in a fast-paced, data-driven culture and are passionate about building great companies. This is a unique opportunity to make a transformative impact on a well-funded, high-potential company and be a cornerstone of its success story.
Key Responsibilities of Chief Financial Officer with a Venture-Backed SaaS – Boston, MA
As the Chief Financial Officer, you will have a broad mandate covering the entire financial and administrative landscape of the organization. Your responsibilities will be pivotal to the company’s operational excellence and strategic growth:
Strategic Financial Leadership
Serve as a key strategic partner to the CEO, board, and executive team. Develop and execute the company’s long-term financial vision and strategy. Provide critical financial insights and recommendations on all major business decisions, including new market entry, pricing strategies, and M&A opportunities.
Financial Planning & Analysis (FP&A)
Lead the annual budgeting and long-range planning processes. Drive a sophisticated forecasting model that provides accuracy and agility. Develop, monitor, and report on critical key SaaS metrics (e.g., ARR, LTV:CAC, Net Revenue Retention, Churn) to provide actionable insights into business performance and drive strategic decision-making across the organization.
Accounting, Control, and Reporting
Oversee all accounting operations, including general ledger, A/P, A/R, payroll, and revenue recognition, ensuring strict adherence to ASC 606. Guarantee the timely and accurate preparation of monthly, quarterly, and annual financial statements in accordance with GAAP. Manage the annual audit process and maintain a strong relationship with external auditors.
Treasury and Capital Management
Manage the company’s liquidity and cash flow to support operational needs and growth initiatives. Oversee banking relationships, debt facilities, and investment strategies. Develop and implement a robust capital allocation framework to maximize shareholder return.
Fundraising and Investor Relations
Lead the strategy and execution of future fundraising rounds (equity and debt). Build and maintain strong relationships with current investors, potential new investors, and the broader financial community. Prepare compelling board presentations, investor updates, and manage all aspects of the due diligence process.
Legal, Risk Management, and Compliance
Oversee the company’s legal function, managing corporate governance, cap table administration, and key contract negotiations (customer, vendor, partnership). Implement and maintain a robust system of internal controls to safeguard company assets and ensure compliance with all federal, state, and local financial regulations.
Team Building and Leadership
Recruit, mentor, and develop a best-in-class finance and accounting team. Foster a culture of high performance, collaboration, accountability, and continuous improvement. Provide strong leadership that inspires confidence and trust throughout the organization.
Systems and Process Scalability
Evaluate, implement, and manage financial systems and software (ERP, billing, FP&A tools) to automate processes and support the company’s rapid scaling. Ensure the financial infrastructure is robust, efficient, and capable of handling increased complexity.
Requirements for the Chief Financial Officer with a Venture-Backed SaaS – Boston, MA
We are seeking an exceptional individual with a blend of strategic acumen, operational expertise, and leadership prowess. The successful candidate will meet the following qualifications:
Experience
A minimum of 15 years of progressive financial experience, with at least 5 years in a senior leadership role (CFO, VP of Finance) within a venture-backed B2B SaaS or enterprise software company is required.
Scaling Expertise
Demonstrable experience scaling a company through significant growth phases, ideally from ~$10M ARR to $100M ARR and beyond. You must have a playbook for navigating the challenges and opportunities of rapid expansion.
Fundraising Prowess
A proven track record of successfully raising institutional capital (Series B, C, D, etc.) and managing complex deal structures. You should have deep connections within the venture capital and private equity communities.
Technical Acumen
Deep expertise in SaaS business models, metrics, and revenue recognition (ASC 606). Strong knowledge of GAAP, financial modeling, and data analysis is essential.
Strategic Vision
Experience in M&A, from sourcing and due diligence to integration, is highly desirable. A background that includes preparing a company for an IPO or a successful strategic exit would be a significant advantage.
Leadership Qualities
An exceptional leader and communicator with the ability to build and inspire a high-performing team. You must have executive presence and be comfortable presenting to boards, investors, and all-hands audiences. You are a low-ego, high-integrity leader who is both a player and a coach.
Educational Background
A Bachelor’s degree in Finance, Accounting, Economics, or a related field is required. A CPA and/or an MBA from a top-tier institution is strongly preferred.
Benefits & Perks Offered
Our client believes in investing in their people and offers a highly competitive compensation and benefits package designed to attract and retain top talent. This includes:
Competitive Compensation
A compelling package including a generous base salary and performance-based bonus.
Meaningful Equity
A significant equity stake, providing the opportunity to share directly in the company’s success.
Comprehensive Health Coverage
Premium medical, dental, and vision insurance plans for you and your dependents.
Retirement Planning
A 401(k) plan with a generous company match to help you plan for your future.
Flexible Time Off
A generous paid time off (PTO) policy and company holidays to encourage a healthy work-life balance.
Professional Growth
A dedicated budget for professional development, including conferences, courses, and certifications.
Work Environment
A modern, collaborative office in Boston, MA, with a flexible hybrid work model.
Additional Perks
Commuter benefits, wellness stipends, regular team-building events, and a fully stocked kitchen.
How to Apply
JRG Partners has been exclusively retained for this critical search. If you are a visionary financial leader with the experience and drive to help build a category-defining SaaS company, we want to hear from you. To be considered for this opportunity, please submit your resume and a cover letter detailing your relevant experience.
For more information or to explore other opportunities, please connect with JRG Partners’ Finance & Accounting executive search team. We are committed to building lasting relationships and guiding top talent to their next great career move. We look forward to reviewing your application.
