MatX

Operations

• Lead the company’s FP&A function and day-to-day financial operations
• Execute financial planning, forecasting, modeling, budgeting, and reporting
• Oversee finance and accounting operations, including accounts receivable and accounts payable
• Manage internal team members and external accountants
• Improve processes, systems, and internal controls while driving financial accountability and corrective measures
• Partner with cross-functional leaders on financial guardrails for employee experience, development, purchasing, hiring, and related areas
• Contribute to capital and equity strategy, including project finance, debt facilities, venture versus infrastructure capital, and timing
• Support investor relations and timely financial reporting
• Provide financial inputs for standing and ad hoc Board discussions
• Expand and strengthen the finance function from startup to scale-up
• Translate complex financial data into clear insights for non-financial leaders and the company
• Mentor and develop finance team members through expectations, strategic guidance, and career path support

FinOps Lead

Controller

• Own the monthly close, GAAP financials, and accounting governance
• Oversee and bring the accounting function in-house
• Manage accounting for R&D, tape-out costs, manufacturing, inventory, and NREs
• Oversee payroll, treasury, cash management, and bank reconciliations
• Produce board- and investor-ready financial reporting
• Plan ERP readiness and transition as the company outgrows QuickBooks Online
• Own Accounts Payable, Accounts Receivable, General Ledger, Treasury, Fixed Assets, and Project Accounting
• Lead monthly, quarterly, and annual close processes and ensure GAAP-compliant financial statements
• Manage outsourced accounting providers and transition work in-house
• Design and maintain accounting policies, procedures, and internal controls
• Serve as primary accounting owner for audits, reviews, and investor diligence
• Own tax compliance and reporting, including R&D tax credit eligibility
• Partner with Engineering and Operations on semiconductor cost accounting, inventory, manufacturing, and export-control accounting
• Own inventory accounting, standard costing, reserves, and physical inventory processes
• Manage foreign currency exposure and coordinate hedging strategy
• Prepare reporting packages, dashboards, KPIs, variance analysis, and Board materials
• Perform ROI, NPV, breakeven, and cost-to-scale analyses
• Own revenue recognition under ASC 606 and equity/stock-based compensation accounting under ASC 718
• Support lender reporting and covenant compliance
• Lead accounting process improvements, ERP selection, and future migration
• Manage accounting and compliance reporting for government grants and incentive programs
• Coordinate insurance and risk management
• Build and lead the internal accounting team as the company scales

Financial Planning and Analysis

• 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.
• 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.
• 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.

FinOps Lead

Controller

Chief Financial Officer