RedBalloon

Chief Financial Officer Patmos

  • Hybrid
  • Full-time
  • $280K - $420K/yr
  • Total comp
    Expected total yearly pay with bonus and equity at target, including any base pay.
  • Bonus · Equity
  • Salary
  • Kansas City, MO

Job Summary

Department: Finance
Location: Kansas City, MO preferred. Remote possible.
Reports To: CEO, with a direct line to the Board of Directors
Status: Full-time, Exempt
Pay Type: Salary, plus annual incentive and long-term incentive
Salary Range: $280K – $420K/yr base plus incentives
Level: Executive
Travel Required: Yes – to sites, partners, ELT and board meetings as needed

Role Summary

The Chief Financial Officer owns the truth of every number Patmos reports and the capital that funds everything Patmos builds. This is the senior finance seat in an employee-owned, profitable, owner-operator company converting landmark industrial buildings into multi-megawatt AI infrastructure. Patmos is a unique company. We are bootstrapped and deeply mission-focused. We exist to create an internet that is free from technocratic control for this and future generations. For that reason, our CFO must be a relentless and zealous advocate for data sovereignty, internet freedom, and anthropological supremacy in the emerging man/machine turf war. 

The job has three parts, and you must be excellent at each. As steward, you guarantee accurate books, airtight controls, and the full confidence of the Board, our ESOP trustee, our lenders, and our clients. As a builder, you design and execute the capital strategy that lets us acquire, convert, and power sites faster than anyone else in the market. As an integrator, you are a leader and coach of a team. You are excited to oversee the building and integration of multiple (sometimes disintegrated) finance, ERP, and security systems. 

You report to the CEO, sit on the executive team, and hold an open line to the Board. You lead the finance organization, including the Controller and FP&A. For the right person, this is a career-defining seat: the CFO of an independent infrastructure company that is reshaping an industry reshaping the world.

How You Operate

  • Job zero is integrity. A number is either true or it is not reported. You build controls that do not depend on trusting any one person, including yourself.

  • The CEO hears it from you first. Good news and bad news travel at the same speed. No surprises.

  • Credible books are the cheapest capital. You know that lenders, rating agencies, and investors price trust, and you manage our cost of capital accordingly.

  • You lead through the team. The Controller looks backward and guarantees accuracy; FP&A looks forward and holds the budget. You make both seats stronger than they would be without you.

  • Finance is a standing partner, not an after-the-fact reviewer. You are in the room when sites are underwritten, deals are priced, and budgets are set. You are able to take over big and creative debt deals so that the CEO can be an approver, not a driver. 

  • You write. We run on clear written memos. Your board materials, investor narratives, and decision memos are plain, rigorous, and succinct.

  • You think like an owner, because you are one. Every dollar belongs to our employee-owners, and you steward it that way.

  • You can govern transactions without being “transactional.” We aren’t in it to flip it, and we earn it - don’t raise it. 

Responsibilities

Reasonable accommodations may be made to enable individuals with disabilities to perform these essential responsibilities.

Financial Integrity & Controls

  • Accountable Owner: Own the accuracy, completeness, and timeliness of all financial reporting under U.S. GAAP.

  • Control Environment: Design and enforce internal controls with real segregation of duties, dual approvals, and approval authorities over cash, disbursements, payroll, vendor setup, and journal entries.

  • Independent Verification: Establish regular reconciliations, cash proofs, and periodic reviews that let the Board verify results independently of management.

  • Audit: Lead the annual audit relationship and drive clean opinions with no material weaknesses.

  • Demonstrate: Work with IT to create regular visibility on critical financial metrics for the ELT. 

  • Teach: Build and coach a finance team in a way that unifies, actualizes, and amplifies their importance to the whole company. 

Capital Markets & Financing

  • Capital Strategy: Build and execute the capital plan that funds site acquisition, conversion, power, and equipment, matched to contracted revenue.

  • Debt Markets: Lead debt raises across bank, project finance, and international bond markets, including rating processes, covenant design, and lender reporting.

  • Relationships: Own relationships with banks, bondholders, rating agencies, and capital partners. Be the credible voice of Patmos in every financing conversation.

  • Covenant Discipline: Track and forecast covenant compliance so that no obligation is ever at risk of a surprise.

Board, Governance & ESOP

  • Board Reporting: Deliver quarterly board materials that are accurate, decision-ready, and consistent quarter to quarter.

  • Audit Committee Line: Maintain a direct line to the Board on any matter of financial accuracy or integrity.

  • ESOP Stewardship: Partner with the ESOP trustee and independent valuation advisors on annual valuation, repurchase obligation planning, and fiduciary process.

  • Entity Structure: Maintain clean multi-entity accounting, intercompany agreements, and consolidations as the company grows.

Performance Management & Unit Economics

  • Scorecard: Build the company scorecard and the data behind it: COGS, gross margin, and unit economics by site, by client, and by business line.

  • Operating Cadence: Bring reliable weekly and monthly numbers to the executive team so decisions are made on data, not crisis triage.

  • Budget Fidelity: Through FP&A, own the annual budget and forecast and hold departments to their commitments.

  • Pricing & Deal Economics: Partner with Sales and Development to price contracts and underwrite anchor deals to target returns.

Corporate Development

  • Site Underwriting: Lead financial diligence and underwriting for brownfield acquisitions and conversions, including power, construction, and lease-up risk.

  • Transactions: Structure acquisitions, joint ventures, and entity reorganizations in partnership with legal counsel.

  • Capital Allocation: Rank competing investments and give the CEO a clear recommendation on where each dollar earns the most.

Treasury, Tax & Risk

  • Cash: Own cash management, liquidity forecasting, and banking relationships; keep a rolling 13-week cash view at all times.

  • Tax: Oversee federal, state, and local tax strategy and compliance with external advisors, including incentives tied to site development.

  • Insurance & Risk: Oversee insurance programs and financial risk, including power cost and interest rate exposure.

Team Leadership

  • Build the Bench: Lead, develop, and hold accountable the Controller, FP&A, and accounting team.

  • Systems: Mature ERP and the finance stack so reporting is fast, automated, and auditable rather than spreadsheet-dependent.

  • Standards: Set a culture where challenging a questionable transaction is expected and rewarded.

Other Duties Assigned

Please note this job description is not designed to cover or contain a comprehensive listing of all activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Qualifications

Required Qualifications

  • Bachelor's degree in Accounting, Finance, Economics, or a related field

  • 15+ years of progressive finance leadership, including 5+ years as CFO, VP of Finance, or divisional CFO

  • Experience in data centers, digital infrastructure, real estate, energy, telecommunications, or another capital-intensive industry

  • A track record of leading debt financings from first conversation to close, and managing the lender relationship afterward

  • Hands-on experience building internal controls and leading audits with clean results

  • Experience presenting to and earning the trust of a Board of Directors

  • Unimpeachable integrity and references who will say so without hesitation

  • The judgment to challenge any transaction, from anyone, that does not hold up

Preferred Qualifications

  • Active CPA and/or CFA

  • Experience with international bond markets or credit rating processes

  • ESOP, employee-ownership, or closely held company experience

  • M&A and site acquisition underwriting experience

  • Experience scaling a finance function through rapid growth

  • Experience with ERP implementation 

  • Public accounting experience with a Big Four or national firm

What Success Looks Like

  • Within 4 months: the close is fast and clean; controls are documented, tested, and enforced; the Board receives reporting it trusts without reservation; the executive team runs on a weekly scorecard. A clean audit exists with no material weaknesses; a financing executed on terms that reflect our real credit quality; unit economics visible by site and by client.

  • Ongoing: capital is never the constraint on a good deal; the finance team runs without heroics; every employee-owner can trust the number on their statement; our deal capital moves as quickly as our infra team builds. 

Requirements

  • Debt financing and capital markets•8+ years
  • U.S. GAAP financial reporting and audit•10+ years
  • Internal controls design•8+ years
  • Board of Directors reporting•5+ years
  • Integrity and ethical judgment•Good - Excellent
  • Executive leadership and team coaching•Good - Excellent

Nice to Have

  • ESOP and employee-ownership experience•2 - 8 years
  • M&A and site acquisition underwriting•3 - 10 years
  • Clear written communication•Good - Excellent

About Us

How We Hire

Patmos was founded to put technology back at the service of humans. We hire culture first, talent always. We want people who have an axe to grind with technocracy and who treat stewardship as a moral obligation to the people who depend on them.

Patmos Hosting, Inc. delivers Freedom as a Service™, providing organizations with an independent alternative to Big Tech's commercial constraints, censorship, cancellation and deplatforming. For our multi-MW colocation clients, we deliver unrivaled speed to market and design standards. Patmos owns and operates datacenter infrastructure with decentralized connectivity, open peering, and free Internet Exchange hosting, ensuring resilience and true independence. Its services span multi-megawatt colocation for AI and hyperscale workloads, GPU/high-performance compute, custom data centers, domains, web and cloud hosting, colocation and tailored website and application development.

Founded in 2022, Patmos is headquartered in Kansas City, MO, with teams and datacenters/locations in Kansas City, Dallas, Phoenix, Denver.

Benefits

Be part of a mission-driven company defending free speech and internet freedom.

At Patmos, you'll help protect online expression while ensuring legal compliance. Our team is shaping the future of digital freedom by building secure, high-performance internet infrastructure. We value privacy, innovation, and individual liberty—creating a purpose-driven, collaborative environment where your work matters.

Benefits include:

  • Employee ownership through our ESOP

  • Unlimited PTO

  • 401(k) match (4%)

  • Health, dental, & vision insurance

  • Short and long term disability

  • Life insurance (company paid and supplemental available)

  • Generous parental leave, baby bonuses, marital bonuses, and other family-friendly perks

  • 14 observed paid holidays that include solemnities

Patmos is an equal opportunity employer and proud member of the Catholic Benefits Association offering employee benefits that promote the dignity of the human person, the dignity of work, and the common good.

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