Job Title: Chief Financial Officer
Location : Headquarters; Foxboro, MA
Reports To : Chief Executive Officer
Employment Type : Full-time, Exempt; Bonus & Equity eligible
About ConnectPay
ConnectPay is a rapidly growing, tech-enabled payroll service company specializing in delivering tailored payroll, tax, and HR solutions to meet the unique and expanding needs of small and medium-sized businesses (SMBs) - the largest employment segment in the U.S. With a proven track record of +30% ten year CAGR, our growth is driven organically through high client retention, partnership referral channels, and over 35 successfully integrated acquisitions.
At ConnectPay, our employees are our greatest asset, and every individual in the company carries upside equity. We foster a supportive, collaborative environment that values innovative thinking and professional growth. Our team is empowered with the resources, tools, and autonomy they need to drive success for our clients, themselves, and our community of referral partners. Every role contributes to building a streamlined, reliable payroll experience for our clients while upholding our core values of teamwork, simplify, helpfulness, learn and teach, and security.
Job Summary
As CFO, you will be a strategic financial leader, shaping ConnectPay’s long-term vision while ensuring financial strength and operational efficiency through profitable revenue growth. Reporting directly to the CEO, you will drive the company’s financial strategy, leveraging data-driven insights to optimize profitability, scale our recurring revenue model, and support sustainable and predictable growth. You will play a critical role in capital allocation, investment planning, and risk management, striking a balance between financial discipline and innovation to drive expansion.
Beyond financial leadership, you will be a key partner to the executive team, collaborating across departments to align financial strategy with business growth and profitability. You will oversee financial planning & analysis (FP&A), Accounting, Investor and lender relationships, treasury, People (HR), cap table, financial reporting, and unit economic analysis. At the same time, ensuring transparency and accountability in financial operations and audits.
Key Responsibilities
Financial & Business Strategy
Revenue & Profitability Optimization
Accounting & Compliance
Operational & Financial Efficiency
Leadership & Culture
Qualifications:
CP Payroll believes in fair and equitable pay. A reasonable estimate of this role's hiring base salary range is $220,000 - $275,000. The salary offered may be outside of this range depending on a variety of factors, including but not limited to a candidate’s education, training, experience, location, and internal equity. In addition to base salary, all CP Payroll team members receive equity and participate in either an annual bonus plan, based on company and individual performance, or a role-based sales incentive plan.
This role is eligible for an annual bonus with a target of 30% of base salary, based on company and individual performance.
At CP Payroll, we are proud to offer a comprehensive team member benefits package, including 401(k) with company contributions, group medical, dental, and vision coverage, life insurance, short and long-term disability insurance, and flexible spending accounts.
CP Payroll is an equal opportunity employer. We are committed to a work environment free from discrimination and harassment. All employment decisions are made without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, marital status, veteran status, or any other protected characteristic under applicable law.
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