Director of Finance

Job Description

Job Description

About magniX : Based in the beautiful Pacific Northwest, magniX is a pioneer in electric propulsion and battery technology for the aerospace industry. We’re working to revolutionize how the world connects by transforming the way aircraft are powered. magniX has been at the leading edge of electric propulsion innovation for almost 20 years, and has successfully demonstrated our technology in flight. We are now on the path to take our proven technology and innovative products to market. Join us to be part of a passionate team that is ushering in a new era of aviation.

About the role : The Director of Finance is responsible for overseeing all financial operations, developing financial strategies and ensuring the company’s financial stability and growth. This role requires a strong understanding of current accounting practices and trends, and is responsible for budgeting and forecasting, financial analysis and reporting, cash flow management and compliance with financial regulations. As a member of senior management, the Director of Finance will be comfortable in a leadership role that requires clear and effective communication skills.

Primary Responsibilities :

• Financial Management :

Oversee the company’s fiscal activity, including budgeting, reporting and auditing.

Ensure timely and accurate financial reporting and KPIs to stakeholders, including the leadership team, board of directors, and external partners.

Develop and manage annual budgets, monitoring performance against budget and recommending corrective actions as needed.

Lead the financial planning and analysis process, including budgeting and forecasting.

Identify and manage business and financial risks, developing strategies to mitigate them.

Lead and mentor the finance team, fostering a collaborative and high-performance culture.

Ensure compliance with the law and company’s policies.

Qualifications :

Location : Applicants must be willing and able to commute to magniX's location in Everett, Washington .

Compensation & Benefits

Salary Range : $180k-$240k

E-Verify : magniX utilizes E-Verify for employment eligibility verification

Pre-employment Screenings : Employment with magniX is contingent upon satisfactory completion of pre-employment requirements including a background screen.

Export Control Compliance : To meet export control compliance requirements, candidates must be a “U.S. Person” (U.S. citizens, lawful permanent residents, refugees, or asylees). As this position requires access to export-controlled data, an appropriate export authorization by the U.S. Government may be required prior to such access. Employment, and the continuity of employment of non-U.S. persons, is contingent upon the company’s ability to secure and maintain the necessary export control authorization.

Diversity and Inclusion : magniX is an equal opportunity employer. We value and embrace diversity. We do not discriminate on the basis of race, color, national origin, religion, gender, gender identity or expression, sexual orientation, marital status, age, or disability status.