About Eltex
Eltex is building the technological infrastructure for residential electrification in Europe, one of the structurally largest and least digitized markets within the energy transition.We operate an integrated platform that connects digital acquisition, structured financing, operational execution, and long-term maintenance into a single scalable system. By controlling the value chain end-to-end, we capture margin across multiple layers, optimize installation-level unit economics, and build operational visibility into a traditionally fragmented market.We combine energy, software, and data to transform a fragmented industry into a scalable, capital-efficient architecture.Our ambition is to become the reference platform for home electrification in Europe, building a business defined by disciplined margins, capital efficiency, and structured international expansion.Now we are looking for a CFO with a builder and investor mindset.Mission
As CFO, your mission is to ensure the financial and legal solidity of Eltex while we scale a pan-European electrification platform.You will:Protect and optimize cash in a high-ticket, project-based environmentStructure growth with rigor, visibility, and disciplinePartner directly with the CEO on capital, liquidity, and scaleBuild a financial system that enables expansion without loss of controlThis is not an advisory role. This is an execution role with full ownership.
Role within the Company
Report directly to the CEOOwn the full Finance and Legal functionsAct as both strategic and operational partner in key decisionsWork cross-functionally with Operations, Sales, Procurement, and PeopleStructure and lead the Finance and Legal teams
You are responsible for ensuring that growth is supported by real financial control and institutional-grade governance.Core ResponsibilitiesFull Finance Leadership
Oversee accounting, FP&A, treasury, tax, reporting, and auditLead the monthly close processDeliver investor reporting and board-ready materials
Cash & Working Capital Management
Own weekly cash forecastingManage working capital and payment cyclesMonitor runway and liquidity positioning
AR & Collections
Reduce days receivableEnforce payment disciplineImplement escalation protocols when necessary
Unit Economics & Margin Control
Model unit economics by product (solar, heat pumps, batteries, EV charging)Analyze profitability by geography (Spain and Italy)Analyze profitability by channel (B2C and B2B)Ensure fully loaded contribution margin control at installation level
Banking & Capital Structure
Manage banking relationshipsNegotiate credit facilities and debt instrumentsEnsure covenant compliance
Legal Oversight
Supervise contracts and corporate governanceManage legal risk exposureCoordinate with external counsel
Structure & Controls
Oversee multi-entity and cross-border reportingControl intercompany flowsImplement approval workflows and spending thresholdsEnforce cost disciplineHire, structure, and scale the Finance and Legal teams
Operational Presence
Participate in high-impact spending decisionsStay embedded in operational discussionsHold difficult conversations when required
Performance Metrics
Success in this role will be measured through:Cash predictability (forecast vs actual)Working capital optimization and reduction in DSOAccuracy and timeliness of financial closesQuality and clarity of board and investor reportingInstallation-level margin controlCovenant complianceEffective implementation of financial controlsStrength and performance of the Finance teamAbsence of material financial surprisesThe objective is clear: real control, full visibility, and disciplined scalability.
Profile We Are Looking For
Proven Finance leadership experience in scaling companiesExperience in project-based or high-ticket businessesStrong cash-control mindset (you think in weekly liquidity, not quarterly optics)Experience owning or closely managing LegalMulti-entity and cross-border exposureClear communicator with investors, banks, and foundersComfortable working on-site in Barcelona
Strong plus:Renewable energy, construction, or home services experienceFamiliarity with Spanish regulatory frameworksExperience building or restructuring finance teamsMindset
You do not operate in isolationYou stay close to the businessYou challenge pending decisions when necessaryYou communicate uncomfortable truths when requiredIf something is broken, you fix it
eltex is an equal opportunity employer. We value diversity and foster an inclusive environment for all.