Finance and Operations

benetics; Zürich; On-site; CHF 120,000 - 180,000; Full time

Benefits offered by this job

Office in Zürich (on-site)

Equity participation

Flexible hours

Job summary

benetics is seeking a hands-on head of finance and legal to consolidate finance, compliance and contracting as we expand across Europe and into the US. You will report to the founders, own the numbers, and develop the operating model with multi-currency runway management.

You will build the function from the ground up, manage payroll, tax and insurance, and decide on contract templates, privacy and vendor agreements.

Qualifications

• 5+ years in finance and in either legal or commercial contracting.
• Hands-on accounting, payroll and tax.
• Redline SaaS contracts and know when to call counsel.
• SaaS finance: subscription revenue, retention cohorts, unit economics, quote-to-cash.
• Fluent German and English at work; customers and contracts use both.
• First hire in the function; build the model and manage invoices independently.

Responsibilities

• Own the monthly close with fiduciary and auditors.
• Develop operating model, cash forecast and runway in CHF, EUR and USD.
• Manage SaaS metrics: ARR, retention, CAC, payback.
• Oversee payroll, insurance and tax.
• Draft templates, redlines for contracts and coordinate with counsel on non-standard deals.
• Handle GDPR, revDSG, DPAs, subprocessors, TOMs and security questionnaires.
• Oversee US subsidiary setup: intercompany agreements and pricing.

Skills

Finance leadership

Legal contracting

SaaS finance

Payroll & tax

German & English

Job description

People who build lose nearly a quarter of their working time to things that have nothing to do with building. Ferdinand, an electrician and engineer who had founded companies before, started Benetics AI in 2022 to give that time back. Our first product is a voice assistant for the construction site. It works in over 100 languages and every dialect, and nobody has to type.

More than 400 companies in 10+ countries use Benetics AI: electricians, HVAC installers, timber builders, roofers and solar installers. We are bootstrapped, cash-flow positive and growing in triple digits.

We are now hiring someone to run finance and legal while we expand across Europe and into the US.

Tasks

You report to the CEO and take over finance and legal. Today this work is split between the founders, our fiduciary and outside counsel. You bring it into one place and build it out.

Finance

You own the numbers we run the company on. We are bootstrapped, so no investor money covers a bad month.

• Monthly close on a fixed date, with our fiduciary and auditors
• Operating model, cash forecast and runway in CHF, EUR and USD
• SaaS metrics and billing: ARR, retention, CAC, payback
• Cohort analysis, quote-to-cash and revenue recognition
• Payroll, insurance and tax

Legal

Sales closes a standard deal without you. When a deal is not standard, they hear back from you within a day.

• Contract templates, fallback positions and redlines for order forms, MSAs, partner and supplier agreements and NDAs
• GDPR and revDSG, DPAs, subprocessors, TOMs, and the security questionnaires that come with every enterprise deal
• Insurance, employment law in CH, DE, FR and the US, and the decision on ISO 27001 or SOC 2

Building the group

We are setting up the US subsidiary right now, and you will own it.

• Incorporation, intercompany agreement and transfer pricing between the Swiss parent and the international entity
• Registered agent, state registrations, payroll and sales tax nexus
• A consolidation that stays clean as we add entities
• Choosing the finance and legal tools, and deciding what to automate, what to outsource and what to keep in-house

Requirements

• 5+ years in finance and in either legal or commercial contracting
• Hands-on experience with accounting, payroll and tax
• You redline a SaaS contract yourself and know when to call counsel
• SaaS finance: subscription revenue, retention cohorts, unit economics, quote-to-cash
• Fluent German and English at work. Our customers, our fiduciary and our contracts use both.
• You are happy to be the first hire in the function. You build the model and chase the invoices yourself, with no team under you at the start.

Nice to have

• You have set up a foreign subsidiary before, including intercompany pricing
• Experience with SMB customers and with getting them to pay on time
• Views on finance tools and a habit of automating routine work

The role is hands-on for a while and covers both finance and legal. The title will grow with the company.

Benefits

• You report to the CEO from day one, and your analysis feeds straight into decisions on pricing, hiring and new markets
• A profitable, bootstrapped company with no investor setting the plan. You set the spending rules.
• Finance and legal in one role, with the international entities and the group structure as your own build project
• Freedom to pick your tools and to automate or outsource anything that does not need you
• Office in Zürich, on site Monday to Thursday, flexible hours and holiday planning
• A salary band stated upfront, plus participation