Note: The job is a remote job and is open to candidates in USA. Scratch Financial is a late stage venture-backed financial technology business based in Pasadena, California, focused on transforming veterinary care financing. They are seeking a Chief Financial Officer to manage complex lending facilities, build relationships with debt capital providers, and guide the company through significant growth and exit processes.
Responsibilities
- Own all relationships with debt capital providers — warehouse lenders, forward flow partners, and other structured finance counterparties
- Manage covenant compliance, borrowing base reporting, and facility utilization across existing lending facilities
- Lead negotiations for new or expanded credit facilities as the portfolio grows
- Develop and maintain the capital plan, ensuring the business has adequate liquidity to fund origination volume at target economics
- Serve as the company's primary financial lead on any M&A, recapitalization, or exit process
- Maintain financial reporting, data room materials, and management presentations in a state of ongoing readiness
- Build and maintain the financial model used for board reporting, investor updates, and transaction diligence
- Partner with the CEO and board to evaluate strategic alternatives and assess transaction structure
- Own the annual budget and quarterly forecast process, with clear accountability from business unit owners
- Partner closely with the commercial team on revenue forecasting, pipeline modeling, and GTM investment decisions
- Work alongside the SVP of Product to build rigorous ROI frameworks for new product line development and technology investments — ensuring capital is allocated to the highest-value opportunities
- Partner with the CEO to maintain the company's OKR framework, ensuring KPIs have clear definitions, measurable targets, and accountability from business unit owners
- Own the integrity of monthly, quarterly, and annual financial statements across GAAP reporting, lender compliance, and management reporting
- Build and improve financial controls, accounting policies, and operational finance processes
- Manage relationships with external auditors and tax advisors
- Oversee tax, audit, and regulatory financial reporting
- Serve as primary financial point of contact for existing equity investors and board members
- Own board meeting materials, investor updates, and financial narrative
- Build relationships with prospective strategic and financial acquirers as part of ongoing exit readiness
- Manage the annual audit process and relationships with external auditors
- Directly manage a team of 5 spanning FP&A, accounting, and finance operations
- Set clear expectations, develop team members' skills, and build a high-trust, high-output culture
- Identify gaps and make strategic hires as the company scales
- Be a resource to the team on complex accounting, modeling, and process questions
Skills
- Direct, hands-on experience managing lending facilities and debt capital relationships — you've negotiated term sheets, managed covenants, and worked through facility amendments; you can speak to the details
- Experience leading or co-leading a $100M+ exit process (M&A, acquisition, or recapitalization), with $200M+ strongly preferred — you know what diligence feels like from the inside and have the scars to prove it
- Track record of building or materially improving financial infrastructure at a growth-stage company
- Strong communicator who can translate complex financial concepts for board members, debt investors, and internal non-finance stakeholders alike
- Experience managing a finance team, with a demonstrated ability to develop people and hold a high bar for output
- Background in consumer lending, fintech, or marketplace lending
- Experience with structured finance, securitization, or forward flow agreement negotiation
- CPA, CFA, or investment banking background
- Familiarity with the regulatory reporting requirements of a licensed lender
- Experience working with PE- or VC-backed boards
Benefits
- Meaningful equity participation with upside tied to the company’s long term growth
- Scratch is a remote-first company, giving ultimate flexibility to today's nomadic work style
- For those who prefer a hybrid model, we do have an office space in Pasadena available for use (which is stocked with snacks & various beverages)
- We offer unlimited PTO
- Covered healthcare
- 401k match
- Cell plan reimbursement
- Monthly recognition opportunities
- We also provide learning platforms and resources for all to keep growing
- We have an equity retention policy to ensure you grow as the company grows financially
- If your family is growing, we offer generous parental leave, too!
Company Overview
Company H1B Sponsorship