What MatX is Building
MatX's mission is to make the world’s best AI models run as efficiently as allowed by physics, bringing the world years ahead in AI quality and availability.
Your Place Here
MatX is looking for a world-class CFO to serve as a long-term executive partner to the founders as the business enters its most critical growth phase. This is not a purely operational finance role and it is not purely strategic. It is both, in equal measure.
You will build the finance function from the ground up while simultaneously managing multi-billion-dollar capital allocation, supporting the path to IPO, and working alongside founders on long-term strategy. The right person is as comfortable reviewing a debt term sheet as they are designing a month-end close process. You are a builder, a strategist, and an operator all at once. The right person will be:
- Adaptable, not dogmatic. Not "this is how I've always done it" mentality.
- Collaborative builder. People who craft processes with the team, not at the team.
- Employee first in their mindset. Finance that serves the business, not the other way around.
- Still in the doing. Senior enough to lead, but close enough to the detail to still get their hands dirty.
- Built for pace. Comfortable with ambiguity, able to make decisions quickly and move.
What You’ll Do Here
Build and Lead the Finance function
- Build and lead the finance organisation from its current early-stage infrastructure into a world-class function capable of supporting a public company.
- Oversee and develop the Controller and FinOps teams, establishing robust systems, processes, and internal controls.
- Establish accounting governance, financial reporting, and audit-readiness in line with the company's growth trajectory and IPO timeline.
- Partner with cross-functional leaders to embed financial discipline across the organisation without creating unnecessary friction for a fast-moving engineering culture.
- Translate complex financial data into clear, actionable insights for non-financial leaders and the board.
Strategic Capital Allocation & Fundraising
- Manage and optimise deployment of multi-billion dollar capital across supply chain investments, manufacturing partnerships, and factory production capacity.
- Lead the Series C fundraise (>$1B target) and manage ongoing relationships with institutional investors including Jane Street and major AI-focused VCs.
- Oversee the execution of the company's debt financing strategy — including the existing ~$2B debt-like facility — ensuring supply chain security and manufacturing readiness.
- Work alongside founders to develop and execute long-term capital structure strategy aligned with the path to IPO.
- Support customer prepayment arrangements and non-recurring engineering (NRE) revenue structures as commercial relationships develop.
Exit Readiness
- Drive the business toward exit readiness targeting approximately 2029, including financial infrastructure, governance frameworks, and investor relations capability.
- Support board and investor reporting requirements, including standing and ad hoc board discussions.
- Advise founders on strategic exit considerations if acquisition opportunities arise from major technology players.
- Ensure Jane Street and board-level involvement in senior finance hiring and strategic decisions is well managed and productive.
Who You Are
- 15+ years of progressive finance experience including a track record of scaling finance functions in high-growth, capital-intensive businesses.
- Hardware, semiconductor, manufacturing, or deep tech background with genuine understanding of supply chain economics, COGS, and manufacturing financial flows.
- Proven experience raising very large institutional rounds and managing complex, multi-billion dollar capital structures.
- IPO experience — either as CFO or a senior finance leader who has taken a company through the public markets process.
- Banking or consulting background viewed positively — strong financial modelling and capital markets credentials
- Exceptional intelligence and quantitative reasoning — able to engage credibly with world-class engineers using logic and data.
- Intellectual honesty and humility — no ego, no politics, and genuinely collaborative.
- Autonomous and self-directed — able to operate independently while maintaining close alignment with founders.
- Aligned with a culture that prioritises speed over capital efficiency where appropriate — comfortable with ambiguity and pace.
- Bay Area-based, or able to commit to approximately 3 days per week in the Bay Area office.
Compenstation
The US base salary for this full-time position is determined based on a variety of factors, including role, experience, location, job-related skills, and relevant education and training. Career length is only a guideline for compensation.
- $400,000 – $600,000 + equity
What you’ll get from us (our benefits):
- A stake in our success. A cash/equity mix that fits your needs.
- Health & Wellness. Company-subsidized Health, Dental, and Vision insurance; Flexible Savings Accounts (FSA), and a Health Savings Account (HSA) with lump sum company contribution
- Financial Wellbeing. Choose from Guardian 401K and/or Roth IRA (or both) and receive a 5% company contribution, even if you don’t! Plus 100% paid Life and long-term disability insurance.
- Time To Recharge. 4 weeks PTO (accrued), 12 holidays & 3 weeks remote/flexible work per year.
- Mental Wellbeing: 100% paid mental health benefit via SpringHealth and Guardian EAP.
- Professional Development. $1,500 yearly towards conferences, courses, and other learning.
- Team Connection. Team lunches (on us), quarterly off-sites, and regular town halls.
- Commute On Us. We’ll pay for your commute (up to 1 hr) to get work done during your commute!
- MatX E[x]tras. $50/month to use on the perks you care about most.
- Remote Perks. Work remote on Mon & Fri, home-tech setup & remote wifi expensing
- Support to Parents. Up to 12 weeks of paid parental leave & 10 weeks pregnancy disability leave, regardless of path to parenthood. Plus Maven reproductive health & parental benefit.
As part of our dedication to the diversity of our team and our focus on creating an inviting and inclusive work experience, MatX is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of race, color, religion, creed, national origin or ancestry, sex, gender, gender identity, gender expression, sexual orientation, age, physical or mental disability, medical condition, marital/domestic partner status, military and veteran status, genetic information or any other legally recognized protected basis under federal, state or local laws, regulations or ordinances.
All candidates must be authorized to work in the United States and work from our offices in Mountain View Tuesdays-Thursdays.
This position requires access to information that is subject to U.S. export controls. This offer of employment is contingent upon the applicants capacity to perform job functions in compliance with U.S. export control laws without obtaining a license from U.S. export control authorities.
MatX does not accept unsolicited resumes from individual recruiters or third-party recruiting agencies in response to job postings. No fee will be paid to third parties who submit unsolicited candidates directly to our hiring managers or People team and any resumes submitted are deemed to be the property of MatX.