Overview
The Head of Finance & Treasurer leads the company's financial management internally and is the CFO's operating counterpart and deputy. The role reports to the company CFO.
The Head of Finance & Treasurer owns the enterprise forecast, budget and burn targets; the company's cash, liquidity and multi-billion-dollar investment portfolio as corporate Treasurer; the review layer that governs every number before it reaches the CFO, the CEO and the Board; the finance seat in headcount, capital and program decisions across the company; and the systems, data and AI machinery that produce the financial picture. They lead a 15-person+ organization across three layers and develop its managers. They are the finance counterpart to the executive leadership team, the finance voice in front of strategic partners such as Toyota, lenders, investment managers and acquired businesses, and they represent Finance in CEO and ELT forums when the CFO is externally committed.
Joby is a capital-intensive company scaling aircraft manufacturing and preparing for commercial launch. In that setting the forecast is the business and cash is the constraint. The role calls for an operator rather than a steady-state planner: someone who has run finance inside a turnaround or a hard scale-up, who owns the forecast, cash, systems and review layer personally before delegating, and who builds strong managers rather than competing with them.
Responsibilities
Enterprise planning, forecasting and performance management
- Own the enterprise forecast, annual budget, long-range plan and burn targets; set and roll departmental targets to a company-wide plan and drive the in-year reforecast.
- Run the company's financial review layer: weekly and monthly business reviews, the monthly Flash and results package, the quarterly forecast and the cost-review process with every function. Ensure every number is reconciled, explained and decision-ready before it reaches the CFO, CEO, ELT or Board.
- Lead scenario and sensitivity analysis on cash runway, capital requirements, production ramp, certification timing and commercial-launch economics; translate program and manufacturing realities into financial decisions.
- Produce CEO, ELT and Board financials, including the Board forecast and backup packs; present enterprise budget and cost-review material to the ELT.
- Lead company-wide headcount planning and hold the finance seat in every organization's headcount review; own the people-spend plan that feeds the enterprise target.
Treasury, cash and capital (Corporate Treasurer)
- Serve as Joby's corporate Treasurer, accountable for a multi-billion-dollar portfolio of cash and investments: liquidity forecasting and stress scenarios, cash allocation across money-market, separately managed and municipal portfolios, maturity laddering matched to cash needs, and compliance with the Board-approved investment policy.
- Own the investment policy; counterparty, concentration, interest-rate and FX risk policy; and treasury reporting to the CFO, ELT, Board and Audit Committee.
- Own banking and investment-manager relationships: operating and cash-management banks, separately-managed-account and fixed-income managers, lenders, trustees and custodians. Lead account structure and bank optimization, and direct treasury operations (cash positioning, payments, reconciliations, controls) in partnership with the Chief Accounting Officer.
- Lead debt and asset financing: covenant compliance and reporting on existing facilities and convertible notes; structuring and execution of real-estate, equipment and aircraft financing, leasing, export-credit and infrastructure capital; minimize transaction and financing costs.
- Review and approve affiliate and subsidiary cash requests, guarantees and intercompany funding across U.S., European and other entities.
Capital markets, investor and Board support
- Partner with the CFO and Investor Relations on the earnings cycle: net-cash and runway bridges, consensus and guidance analysis, CFO script review and quarterly financial summaries; support SEC reporting with robust analysis of results by causal driver.
- Support financing decisions and capital deployment: runway scenarios, at-the-market and convertible planning inputs, use-of-proceeds analysis and Board decision materials.
- Prepare Audit Committee materials on planning, treasury and investment policy; attend the Audit Committee as required.
Business partnership: manufacturing, programs, operations, partners and acquired businesses
- Act as finance counterpart to the executive leadership team across Product, Manufacturing, Air Operations and Facilities, Strategy and Corporate Development, People, Legal and Tax; hold the finance seat in program reviews (aircraft programs, defense, hydrogen) and in the infrastructure and vertiport deal committee.
- Lead manufacturing and program finance through the team: sales, inventory and operations planning (SIOP), manufacturing forecast, product cost and scaled-production economics, capex and tooling, and facility expansion in California and Ohio.
- Hold or direct the finance seat with strategic partners, including Toyota: cost models, pricing approaches, supply and partnership agreements and operating committees, with commitments subject to CFO and Chief Accounting Officer sign-off.
- Own finance for acquired and affiliated businesses: Blade (budget, actuals, earn-out mechanics, operator and profit-share partners), international subsidiaries in Germany and Costa Rica, and new markets such as Dubai; lead the financial integration of acquisitions.
- Own government incentives and grants finance: state incentive programs, tax credits, grant budgets and reporting, and the related registered-contact and annual-report obligations.
Spend governance, approvals and controls
- Own the delegation-of-authority framework and the company approval gate: purchase requisitions, contracts, FTE and offer approvals, ERP approval chains and the sub-threshold gate; design the control so it scales with the company.
- Own capex governance and the capital gate; prioritize capital and infrastructure trade-offs against the company spend target.
- Maintain a strong control mindset: own forecast-related entity-level controls, support Sarbanes-Oxley certification, quarterly reviews and the annual audit, and partner with the Chief Accounting Officer on the close.
Finance systems, data and AI
- Own the consolidated finance master file and its governance (tab owners, versioning, change control), the planning platform (Vena), the ERP partnership (Microsoft Dynamics 365) and the finance data layer (Databricks).
- Lead the finance organization's AI and automation agenda in partnership with the CFO: AI-assisted close and commentary, automated business reviews, anomaly detection and modern tooling (Python, LLM toolchains); set the standard that the organization is AI-native.
- Lead continuous improvement of forecasting, reporting and approval tools, processes and methodologies.
Leadership and talent
- Lead a 15-person+ finance organization across three layers with four direct reports, plus dotted-line relationships with subsidiary finance leads in Europe and Costa Rica.
- Develop the senior managers into the next generation of finance leaders: written development paths, stretch ownership and succession planning. Be their leader and sponsor.
- Attract, recruit and develop a diverse, high-performing team; raise the bar on analytical rigor, business partnership and operating discipline.
- Act as the CFO's deputy: represent Finance in CEO and ELT forums when the CFO is externally committed, and hold the CFO's confidence as the inside half of a two-person finance leadership team.
Required
- 20+ years of progressive finance leadership, including 10+ years leading multi-layer finance organizations and 8+ years as Head of Finance, Deputy CFO, divisional CFO or equivalent with enterprise-level accountability for planning, cash and business partnership.
- Demonstrated ownership of corporate treasury: liquidity forecasting, investment policy and portfolio oversight, bank and lender relationships, covenant and counterparty risk, ideally including leadership through a liquidity or banking-system stress event.
- Public-company experience: earnings and guidance support, SEC-reporting analysis, Audit Committee interaction and SOX-compliant controls, or equivalent experience reporting into a public parent.
- Experience in a capital-intensive, manufactured-goods or physical-operations business: product cost, inventory, sourcing or contract manufacturing, capex and facilities, supply chain. Aerospace experience is not required; the ability to learn an aircraft program's economics quickly is.
- Track record inside a turnaround or a hard scale-up: taking a business from losses to profitability, or building the finance function for a business scaling from a standing start.
- Hands-on command of the forecast, the cash model and the review layer: able to build and personally own the enterprise model before delegating it, and to catch errors before they reach the CEO or Board.
- Operating-cadence discipline: has designed and run weekly and monthly business reviews, input/output metrics and planning routines that became a company's operating system.
- M&A and transaction experience: financial due diligence, post-close integration, earn-out or partnership economics, deal and structure analysis.
- Executive presence and judgment to operate as a peer to the executive leadership team and in front of strategic partners, banks, investment managers and Board members.
- Finance-systems fluency: ERP (Microsoft Dynamics 365, NetSuite or equivalent), planning platforms (Vena, Anaplan or equivalent), spend and treasury tools, and modern AI and automation tooling.
- Proven builder of managers and of global or distributed finance teams.
- Bachelor's degree in Engineering, Finance, Economics or another quantitative field; advanced degree (MBA or MS) strongly preferred.
- Uncompromised ethics and integrity.
Desired
- Experience in aerospace, defense, automotive, advanced manufacturing or another certification-driven industry; familiarity with program accounting and earned-value concepts.
- Experience operating inside a company with a large strategic or parent-company shareholder, joint venture or alliance partner.
- Experience with structured and asset financing: real-estate, equipment and aircraft leasing, export-credit agencies, infrastructure capital and convertible notes.
- Experience with government incentives, grants and tax-credit programs.
- Experience building or leading an offshore or near-shore finance center of excellence.
- Engineering background or demonstrated technical fluency (Python, SQL, LLM toolchains).
- CTP, CFA or CPA.
Leadership Profile: Who Succeeds in This Role
- A flexible thinker who has operated inside a turnaround or a hard scale-up, not a steady-state planner.
- Rolls up sleeves: owns the forecast, cash, systems and the review layer personally before delegating.
- Credible as a peer to the executive leadership team, to strategic partners and to the banks.
- Builds managers: develops the team's leaders rather than competing with them.
- Loyal to Joby and to the CFO; comfortable being the inside half of a two-person finance leadership.
Additional Information
Compensation at Joby is a combination of base pay and Restricted Stock Units (RSUs). The target base pay for this position is $233,500 - $321,000/year. The compensation package will be determined by job-related knowledge, skills, and experience.
Joby also offers a comprehensive benefits package, including paid time off, healthcare benefits, a 401(k) plan with a company match, an employee stock purchase plan (ESPP), short-term and long-term disability coverage, life insurance, and more.