Chief Financial Officer

ABOUT PENGUIN Penguin builds and operates digital infrastructure in Paraguay: energy-intensive compute on 100% renewable hydroelectric power at our Hernandarias campus, with 100 MW live and a 500 MW pipeline, now adding AI and HPC capacity for international clients. We are founder-led, backed by an international board and institutional investors, and preparing our next stage of growth. THE ROLE We are looking for the CFO who takes Penguin through its next debt and equity raise and builds an institutional-grade finance function. Capital raising is the first priority of this role: project finance, equity and venture financing, real estate and infrastructure debt, across international structures. You report to the two Co-CEOs and work directly with the Board. This is a role for a builder, not an advisor. WHAT YOU WILL DO
- Own the capital plan: quantify funding needs per project and phase, and sequence the sources (equity, project debt, mezzanine, equipment financing, real estate structures).
- Lead our next raise end to end: story, model, data room, process, due diligence, term sheets, closing.
- Build bankable project finance models: cash flow waterfalls, debt service coverage, energy cost and offtake assumptions.
- Own relationships with US, European and Latin American investors, banks, private credit funds and development finance institutions.
- Run the group structure (Paraguay operating company, holding abroad) and treasury across fiat and digital assets.
- Bring reporting, controls and compliance to institutional standard: monthly close, IFRS, consolidated statements, clean audits, Board reporting.
- Build and lead the finance team, and partner with the Co-CEOs on every major decision. WHAT WE ARE LOOKING FOR
- Hands-on capital raise

experience:
you have led, or been a core member of, at least one significant institutional financing in project finance, venture or growth rounds, or real estate and infrastructure debt, ideally USD 50 M or more.
- International structuring: cross-border vehicles, multiple jurisdictions, international investors or lenders.
- 8 to 10 years of progressive finance experience from a CFO or VP Finance role, investment banking, private credit or an infrastructure fund, with clear ownership of results.
- A hands-on builder, comfortable in a fast, founder-led company where the function is still being built.
- South American origin or years of work in the region, ideally with ties to Paraguay. Fluent Spanish and English.
- Integrity and judgement in a business with energy contracts, digital assets and public-sector counterparts.
- Degree in Finance, Economics, Accounting, Engineering or related. MBA or CFA is a plus. NICE TO HAVE
- Power purchase agreements, data center or project finance economics.
- Experience with multilateral lenders or private credit funds active in Latin America.
- Digital-asset treasury and accounting. LOCATION Flexible. No relocation required; periodic travel to Asunción and our Hernandarias campus, plus travel to investors and lenders. Asunción-based candidates are equally welcome.

WHAT WE OFFER
Reporting line to the two Co-CEOs and direct work with the Board. Competitive package with a performance bonus tied to financing milestones and meaningful equity participation. A front seat in building one of the largest renewable-powered compute platforms in Latin America. This search is being handled confidentially. Applications will be reviewed directly by Penguin's leadership team. If you're interested in the opportunity, please apply directly through LinkedIn.