Finance Director at Cohere

San Francisco, California, United States

Cohere Logo
Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
AI, TechnologyIndustries

Requirements

  • 15+ years of experience in FP&A, Corporate Finance, or Strategic Finance within public and/or high-growth private companies, or a combination of education and experience
  • 3+ years of proven leadership experience
  • Ability to influence and communicate with various stakeholders including the executive team, Board, and investors
  • Exceptional analytical skills to take complex business problems and drive to strategic outcomes
  • Excellent financial modeling experience and skills
  • BA/BS required in Accounting, Finance, or related field; MBA a plus

Responsibilities

  • Lead the financial evaluation and structuring of all major strategic partnerships; connect the dots between cross-functional stakeholders to drive successful partnerships
  • Collaborate with the Sales, Business Development, and Legal teams to define financial terms, performance milestones, and payout structures that align partner incentives with the company's long-term financial goals
  • Develop robust financial models to forecast the revenue, cost, and ROI of new and existing partnerships, quantifying their impact on key metrics like CAC, LTV, and ROIC
  • Monitor and track the financial performance of partnerships post-execution, ensuring compliance with contractual financial obligations and contributing to annual partner performance reviews
  • Drive quarterly board meeting preparation including working closely with the Office of the CEO and cross-functional stakeholders
  • Lead financial elements of executive reporting, including Board staples, quarterly results, KPIs, etc
  • Manage investor communications, including required reporting and management updates, and maintain up-to-date list of key contacts, working closely with the Communications team
  • Partner closely with members of the FP&A team to drive the annual planning process in alignment with fundraising and other financing goals
  • Partner with leadership and strategy on fundraising efforts
  • Establish and oversee Finance PMO (Project Management Office), which aims to implement financial governance, standardization, and process excellence across strategic initiatives such as IPO readiness and establishing the deal desk in partnership with the strategy team

Skills

Key technologies and capabilities for this role

Financial ModelingStrategic PartnershipsRevenue ForecastingROI AnalysisCACLTVROICFinancial StructuringBusiness AnalysisCross-Functional Collaboration

Questions & Answers

Common questions about this position

What is the work arrangement for this Finance Director role?

The position is hybrid.

What salary or compensation is offered for this role?

This information is not specified in the job description.

What experience and skills are required for the Finance Director position?

Candidates need 15+ years of progressive finance and operations experience, expertise in financial modeling for revenue, cost, ROI, CAC, LTV, and ROIC, and strong leadership in strategic partnerships and executive reporting.

What is the company culture like at Cohere?

Cohere obsesses over what they build, works hard and moves fast for customers, and consists of top experts in research, engineering, design, and more who value diverse perspectives to build great products.

What makes a strong candidate for this Finance Director role?

A strong candidate is a seasoned leader with 15+ years of finance and operations experience who can blend financial rigor with agility in a high-growth environment, drive strategic partnerships, financial modeling, board reporting, and fundraising.

Cohere

Provides NLP tools and LLMs via API

About Cohere

Cohere provides advanced Natural Language Processing (NLP) tools and Large Language Models (LLMs) through a user-friendly API. Their services cater to a wide range of clients, including businesses that want to improve their content generation, summarization, and search functions. Cohere's business model focuses on offering scalable and affordable generative AI tools, generating revenue by granting API access to pre-trained models that can handle tasks like text classification, sentiment analysis, and semantic search in multiple languages. The platform is customizable, enabling businesses to create smarter and faster solutions. With multilingual support, Cohere effectively addresses language barriers, making it suitable for international use.

Toronto, CanadaHeadquarters
2019Year Founded
$914.4MTotal Funding
SERIES_DCompany Stage
AI & Machine LearningIndustries
501-1,000Employees

Risks

Competitors like Google and Microsoft may overshadow Cohere with seamless enterprise system integration.
Reliance on Nvidia chips poses risks if supply chain issues arise or strategic focus shifts.
High cost of AI data center could strain financial resources if government funding is delayed.

Differentiation

Cohere's North platform outperforms Microsoft Copilot and Google Vertex AI in enterprise functions.
Rerank 3.5 model processes queries in over 100 languages, enhancing multilingual search capabilities.
Command R7B model excels in RAG, math, and coding, outperforming competitors like Google's Gemma.

Upsides

Cohere's AI data center project positions it as a key player in Canadian AI.
North platform offers secure AI deployment for regulated industries, enhancing privacy-focused enterprise solutions.
Cohere's multilingual support breaks language barriers, expanding its global market reach.

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