Chief Financial Officer: GPU-as-a-Service Business
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What you'll do
- Serve as the senior financial partner to the GM / BU leader for the GPU-as-a-Service segment, while partnering closely with and supporting the Rackspace CFO on corporate reporting, governance, and alignment with enterprise financial strategy.
- Define the financial operating model that supports launch, scale, and long-term value creation for the business.
- Lead annual planning, long-range forecasting, and scenario analysis to guide growth and investment decisions.
- Balance growth objectives with disciplined financial management, profitability, and capital efficiency.
- Build and lead a dedicated finance team to support the GPU-as-a-Service business, hiring and developing talent as the organization scales.
- Develop and manage the capital strategy supporting GPU fleet expansion, infrastructure investment, and capacity planning.
- Evaluate CapEx versus OpEx tradeoffs, depreciation horizons, and return on invested capital for major infrastructure decisions.
- Partner with technical and operations leaders to translate demand forecasts into financial and capacity plans.
- Build a rigorous view of GPU economics, including utilization, fleet efficiency, cost curves, and generational transitions.
- Partner with go-to-market and product leaders to design pricing models rooted in GPU economics and customer consumption patterns.
- Support commercial negotiations for large enterprise and strategic customer agreements.
- Analyze reserved capacity, spot capacity, and consumption-based pricing options to optimize revenue and margin.
What they're looking for
- 15+ years of executive finance leadership experience supporting high-growth technology, cloud, AI infrastructure, or capital-intensive businesses.
- Demonstrated expertise in capital allocation, financial planning, infrastructure economics, pricing strategy, and business performance management.
- Strong track record evaluating data center economics and structuring large-scale capital investment decisions, including build-vs-lease, depreciation, and return thresholds.
- Proven experience partnering on large-scale investments, strategic partnerships, commercial negotiations, and corporate development initiatives.
- Strategic finance executive with a proven ability to partner with CEOs and executive leadership teams to build and scale high-growth businesses.
- Builder of high-performing finance organizations with a track record of developing talent and leading cross-functional teams through rapid growth and transformation.
- Operates with an entrepreneurial mindset, balancing speed, innovation, and disciplined financial governance in dynamic environments.
- Exceptional executive presence and communication skills, with the ability to influence Boards, investors, customers, and strategic partners.
- Bachelor’s degree in finance, Accounting, Economics or a related discipline
Nice to have
- Direct experience as CFO or senior finance executive at a GPU cloud, neocloud, or infrastructure-as-a-service provider (e.g., CoreWeave, Lambda, Crusoe, DigitalOcean) strongly preferred.
- Master’s degree preferred
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
Rackspace Technology is seeking an exceptional finance executive to serve as Chief Financial Officer for its GPU-as-a-Service (GPUaaS) business. This role reports to the Chief Financial Officer of Rackspace Technology, with a dotted-line reporting relationship to the General Manager of the GPU-as-a-Service business, to build and scale one of Rackspace's highest-growth businesses.
The CFO will serve as the financial architect of the GPUaaS business, providing strategic leadership across capital allocation, financial planning, infrastructure investment, commercial finance, pricing, investor support, and operational performance. This executive will establish the financial foundation necessary to support rapid growth while ensuring disciplined investment decisions and long-term profitability.
As Rackspace builds a standalone AI infrastructure business, the CFO will operate with an entrepreneurial mindset, balancing startup agility with the financial rigor expected of a public company. This is a highly visible leadership role that will influence strategic decisions across product investment, GPU fleet expansion, data center economics, customer economics, pricing strategy, and capital deployment.
KEY RESPONSIBILITIES
Financial Strategy & Business Leadership
Serve as the senior financial partner to the GM / BU leader for the GPU-as-a-Service segment, while partnering closely with and supporting the Rackspace CFO on corporate reporting, governance, and alignment with enterprise financial strategy.
Define the financial operating model that supports launch, scale, and long-term value creation for the business.
Lead annual planning, long-range forecasting, and scenario analysis to guide growth and investment decisions.
Balance growth objectives with disciplined financial management, profitability, and capital efficiency.
Build and lead a dedicated finance team to support the GPU-as-a-Service business, hiring and developing talent as the organization scales.
Capital Allocation & Infrastructure Economics
Develop and manage the capital strategy supporting GPU fleet expansion, infrastructure investment, and capacity planning.
Evaluate CapEx versus OpEx tradeoffs, depreciation horizons, and return on invested capital for major infrastructure decisions.
Partner with technical and operations leaders to translate demand forecasts into financial and capacity plans.
Build a rigorous view of GPU economics, including utilization, fleet efficiency, cost curves, and generational transitions.
Commercial Finance & Pricing
Partner with go-to-market and product leaders to design pricing models rooted in GPU economics and customer consumption patterns.
Support commercial negotiations for large enterprise and strategic customer agreements.
Analyze reserved capacity, spot capacity, and consumption-based pricing options to optimize revenue and margin.
Planning, Reporting & Performance Management
Lead FP&A, reporting, and KPI dashboards for bookings, revenue, gross margin, utilization, and capital efficiency.
Establish clear operating metrics and business reviews that enable fast, data-driven decisions.
Provide regular performance updates to the CEO, executive team, Board, and investors as appropriate.
Strategic Partnerships
Support executive relationships with GPU, silicon, cloud, and infrastructure partners through financial and commercial analysis.
Assess supply and deployment economics to support joint capacity planning and procurement decisions.
Help shape strategic partnerships that improve economics, supply access, and long-term business resilience.
KEY PERFORMANCE INDICATORS
Infrastructure economics
GPU utilization
Capital efficiency
Infrastructure cost per GPU hour
Capacity forecast accuracy
Commercial performance
Customer lifetime value
Pricing realization
Consumption growth
Customer profitability
Financial Performance
Revenue growth
Annual recurring revenue
Gross margin
Return on invested capital
QUALIFICATIONS & REQUIREMENTS
Financial expertise
15+ years of executive finance leadership experience supporting high-growth technology, cloud, AI infrastructure, or capital-intensive businesses.
Demonstrated expertise in capital allocation, financial planning, infrastructure economics, pricing strategy, and business performance management.
Strong track record evaluating data center economics and structuring large-scale capital investment decisions, including build-vs-lease, depreciation, and return thresholds.
Proven experience partnering on large-scale investments, strategic partnerships, commercial negotiations, and corporate development initiatives.
Direct experience as CFO or senior finance executive at a GPU cloud, neocloud, or infrastructure-as-a-service provider (e.g., CoreWeave, Lambda, Crusoe, DigitalOcean) strongly preferred.
Leadership Profile
Strategic finance executive with a proven ability to partner with CEOs and executive leadership teams to build and scale high-growth businesses.
Builder of high-performing finance organizations with a track record of developing talent and leading cross-functional teams through rapid growth and transformation.
Operates with an entrepreneurial mindset, balancing speed, innovation, and disciplined financial governance in dynamic environments.
Exceptional executive presence and communication skills, with the ability to influence Boards, investors, customers, and strategic partners.
Education
Bachelor’s degree in finance, Accounting, Economics or a related discipline; Master’s degree preferred
About Rackspace Technology
We are the multicloud solutions experts. We combine our expertise with the world’s leading technologies — across applications, data and security — to deliver end-to-end solutions. We have a proven record of advising customers based on their business challenges, designing solutions that scale, building and managing those solutions, and optimizing returns into the future. Named a best place to work, year after year according to Fortune, Forbes and Glassdoor, we attract and develop world-class talent. Join us on our mission to embrace technology, empower customers and deliver the future.
More on Rackspace Technology
Though we’re all different, Rackers thrive through our connection to a central goal: to be a valued member of a winning team on an inspiring mission. We bring our whole selves to work every day. And we embrace the notion that unique perspectives fuel innovation and enable us to best serve our customers and communities around the globe. We welcome you to apply today and want you to know that we are committed to offering equal employment opportunity without regard to age, color, disability, gender reassignment or identity or expression, genetic information, marital or civil partner status, pregnancy or maternity status, military or veteran status, nationality, ethnic or national origin, race, religion or belief, sexual orientation, or any legally protected characteristic. If you have a disability or special need that requires accommodation, please let us know.
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