Chief Financial Officer
Austin, Texas, Us
Chief Financial Officer at Invicti Security, the world's leading provider of dynamic application security solutions. Through our products Netsparker and Acunetix, we help 3,000+ organizations, from small businesses to Fortune 50's, secure their web applications.Lead finance and operating teams; including accounting, FP&A, tax, sales order processing, collections, procurement and financial systems, across Malta, Turkiye, UK, Czechia and United States. Installed systems and processes to allow the company to scale beyond $100m in ARR.Oversaw installation of and migration to Netsuite and Adaptive Insights from Sage and excel-based reporting and planning.• Built FP&A team, which designed a forecasting model in excel, and later installed and migrated to Adaptive Insights with enhanced reporting and more accurate forecasting. Improved collaboration between planning and operating teams. • Designed new monthly and weekly cash forecasting models; worked with collections team to accelerate collections from partners and customers, driving more consistent collections and lower DSO’s.• Manage operations teams, including legal, business systems, deal operations and General Manager of Malta operation.• Manage business systems teams responsible for implementation and maintenance of Salesforce, Clari, Marketo, Bizible, Conga, and other tools. Collaborated with users to drive operational, systems and data improvements across key processes.• Co-managed design of sales comp plans in 2022 and 2023, driving alignment with company objectives. Collaborate with sales operations on sales capacity planning.• Oversaw transition of Business Intelligence tech stack to Snowflake, consolidated operations under a single leader.• Executed interest rate hedge on bank loan to cap interest rate exposure.• Optimized real estate with new leases in Austin, Boston and Malta. Managed insurance renewals with below market rate increases.