Director of Finance BioLite LLC
REPORTS TO: CEO
START DATE: ASAP
COMPENSATION: Salary is competitive with other early-stage businesses with benefits to
include company stock options, profit-based bonus plan and healthcare.
BioLite is a funded startup that develops; manufactures and markets distributed energy solutions for offgrid communities around the world. Our first products are clean-burning, wood fueled cooking stoves
capable of converting their own waste heat in to electricity to charge electronic devices. Our business
serves two distinct markets, 1) developing world families living in energy poverty, and 2) outdoor
enthusiasts seeking fuel independent cooking and charging.
Half the planet still cooks on indoor open wood fires and the toxic smoke they emit kills nearly 2 million
people every year, twice as many as malaria. Previous efforts to address indoor smoke with clean
cookstoves have failed to achieve the smoke reductions necessary to protect health and have also failed
to catalyze consumer demand due to minimal functionality beyond that of a traditional open fire. BioLite
has developed an advanced, affordable, clean burning stove that combines unprecedented emissions
reductions with economically valuable electricity generation.
Our products are capable of reducing indoor smoke by more than 90% while cutting fuel use in half. By
providing our largely off-grid customers with the ability to charge cell phones and LED lights, our stoves
create economic incentive for purchase and continued use, ensuring sustainable delivery of our health
and environmental benefits.
Outdoor and Emergency:
Over the years camping stoves have become lighter and faster to boil yet still rely on consumable,
environmentally polluting petroleum fuels. Petrol stoves require users to carry heavy fuel reserves and
constantly ration gas supply to prevent depletion. Beyond the inconvenience of carrying fuel, petrol is
inconsistent with the natural experience campers desire in the outdoors with its well-known environmental
and climate impacts.
Our CampStove? offers outdoor recreators a much needed, green alternative to petroleum cooking
combining the speed and reliability of an advanced stove with the appeal of a traditional campfire. Using
our revolutionary product, outdoor enthusiasts can cook meals and keep their gadgets charged using
nothing but the underbrush and twigs they collect on their journey, eliminating the need to carry fuel and
OPPORTUNITY TO MAKE AN IMPACT:
As the leader of BioLite?s finance team, the Director of Finance, reporting to the Company?s Chief
Executive Officer, will lead all financial planning and analysis for the organization, and oversee the
accounting function. The position is supported by a contract CFO and accounting group which, in addition
to maintaining the general ledger, can provide guidance and mentoring. This position will be responsible
for managing, coordinating, and participating in the strategic business planning process, facilitation and
oversight of the annual operating budgets, short and long-term financial forecasts, financial modeling,
variance analysis, business case development and evaluation and ad hoc special studies as requested. This is a senior role that requires strong creative problem-solving and analytical skills and also requires a
hands-on, entrepreneurial executive who is able to delve deeply into operational and financial data to
define and measure meaningful metrics that lead to insightful business decision-making. Serve as a
strategic business partner to multiple business unit managers and their teams. BioLite is looking for a
highly motivated, self-starter who is excited about growing his or her career at a fun, fast-paced, socially
conscious startup environment.
? Collaborate with business unit leadership to perform value-added financial analysis, and create
financial models and business cases to identify areas of risk or opportunity.
? Oversee variance reporting and analysis focused on underlying business drivers.
? Develop, implement and maintain short- and long-term forecast models.
? Monitor cash position and forecasts to ensure appropriate liquidity.
? Monitor and analyze monthly operating results against budget.
? Manage the preparation of all financial reports for board and investors.
? Work closely with the CEO and Department Heads to develop annual and long-range business
? Explore business opportunities to determine future growth potential through strategic alliances
and expansion into new geographies.
? Prepare and present P&L and cash flow analysis for major initiatives.
? Identify, track and analyze key metrics that impact the business.
? Develop and maintain budgeting framework and tools.
? Drive the planning and measuring of corporate initiatives.
? Support corporate goals in partnership with senior business leaders.
? Management of financial analyst/manager team and oversight of accounting team.
? Monitor accounting practices to ensure accuracy of financial statements.
QUALIFICATIONS AND EXPERIENCE REQUIRED:
? Minimum of 10 years experience of financial management experience in positions of increasing
responsibility in a growth oriented company.
? Bachelor?s degree in Accounting, Finance, Economics or related major is required. An MBA or
Master?s degree is highly preferred and CPA is a plus.
? Strong problem solving and analytical skills, including the use of Excel as an analytical and
? Previous management skills including supervisory experience leading teams.
? Ability to interact with and influence management and contributors at all levels of the organization.
? Prior experience in a start-up or e-commerce industry is desirable.
? Experience in a physical-inventory-based corporate finance team or planning team is a plus.
? Experience in Consumer Goods, Outdoor Recreation, Retail or Manufacturing is a plus.
? Strong understanding of financial statements and US GAAP.
? Experience with financial reporting, budgeting and business analysis.
? Excellent financial modeling capabilities with a high proficiency in Excel and PowerPoint.
? Ability to retrieve and analyze information from various financial and operational systems.
? Additional Qualifications, Skills & Knowledge:? Strong communication skills (oral, written, and numerical).
? Ability to troubleshoot and resolve issues independently.
? Ability to manage multiple projects, with a keen attention to detail.
? Meets and manages deadlines effectively.
? Self-motivated and self-directed, with a positive attitude.
? Accepts responsibility, accountability and takes pride in his/her work.
? Is an excellent team player.
? Does not hesitate to speak up and voice opinions.
? Stamina, accountability, sense of humor, proactive approach and work ethic appropriate for a
fast-paced, team-oriented company
||Brooklyn, NY |