The Chief Financial Officer (CFO) of Unity Technologies, John "Ric" Ricardo, plays a pivotal role in driving the financial strategy and operations of the world's leading real-time 3D development platform. With a career spanning over two decades in finance and technology, Ric brings a wealth of experience to his position, shaping Unity's financial future while supporting its mission to democratize 3D development and make it more accessible to creators worldwide.

Game engine Unity developer talks about privacy and advertising
Game engine Unity developer talks about privacy and advertising

Ric's journey at Unity began in 2016 as the Senior Vice President of Finance, where he oversaw the company's financial planning and analysis, accounting, and treasury functions. His strong leadership and strategic mindset led to his promotion to CFO in 2019, further cementing his impact on Unity's financial trajectory.

Q&A with Unity CFO Kim Jabal, about the impact from Apple's...
Q&A with Unity CFO Kim Jabal, about the impact from Apple's...

Responsibilities as CFO of Unity

As the CFO, Ric Ricardo is responsible for managing Unity's financial health and growth. His key responsibilities include:

Unity is letting employees sell 15% of vested shares on day one
Unity is letting employees sell 15% of vested shares on day one

1. **Financial Strategy and Planning:** Ric works closely with the executive team to develop and implement financial strategies that align with Unity's business objectives. He forecasts financial performance, assesses investment opportunities, and ensures the company's financial resources support its long-term growth.

Financial Forecasting and Analysis

Unity gets a fresh 'buy' rating and a $126 price target from Goldman — Business Insider
Unity gets a fresh 'buy' rating and a $126 price target from Goldman — Business Insider

Ric's team employs advanced financial modeling techniques to predict future performance, enabling data-driven decision-making. They consider various scenarios, market trends, and internal factors to create accurate financial forecasts.

**Example:** In 2021, Ric's team's precise financial forecasting helped Unity exceed its revenue targets, demonstrating the value of their rigorous analysis.

Mergers and Acquisitions (M&A)

a man in a suit and tie standing on stage with his hands out to the side
a man in a suit and tie standing on stage with his hands out to the side

Ric plays a crucial role in evaluating potential acquisitions and investments. He assesses the financial implications of M&A activities, ensuring they create value for Unity and its shareholders.

**Example:** Ric's involvement in Unity's acquisition of Weta Digital in 2021 brought cutting-edge tools and talent into the Unity ecosystem, expanding its capabilities and market reach.

Driving Operational Excellence

three women are standing in the grass with their arms up as the sun goes down
three women are standing in the grass with their arms up as the sun goes down

Beyond strategic planning, Ric Ricardo is committed to driving operational excellence across Unity's finance organization. His focus on process improvement, team development, and fostering a culture of continuous learning has enhanced the department's efficiency and effectiveness.

1. **Process Improvement:** Ric continually reviews and optimizes financial processes to ensure they are efficient, scalable, and compliant with relevant standards. He leverages technology and automation to streamline workflows and reduce manual effort.

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a group of people standing on top of a hill with their arms in the air
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a painting of two people holding hands over each other
a black and white photo with the word unity
a black and white photo with the word unity
Unity Fist T-Shirt - Stand Together
Unity Fist T-Shirt - Stand Together
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a man is playing tennis on an orange background
the logo for the united games is shown in red, white and green with an orange tail
the logo for the united games is shown in red, white and green with an orange tail
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an orange man standing in front of a group of people with their hands up to the sky
Unity wants to rebuild trust, but one major Runtime Fee claim doesn't add up
Unity wants to rebuild trust, but one major Runtime Fee claim doesn't add up
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several people holding up their cell phones with the words unty written on them
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two hands holding each other in the middle of a circle with one hand on top of another
The Seismic Shift in Finance, and How Workday's CFO is Capitalizing
The Seismic Shift in Finance, and How Workday's CFO is Capitalizing
Paypal Mafia: Roelof Botha
Paypal Mafia: Roelof Botha
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several hands holding each other with the words, united alwayss written above them in white
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a group of people holding hands in the shape of a circle
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several people holding hands together on a table
UNITY by philster741 | Redbubble
UNITY by philster741 | Redbubble
Unity in UI UX Design Principles
Unity in UI UX Design Principles
Unity Connected Building Intelligence by Peoples Electric Combines Smart Lighting with Building Systems
Unity Connected Building Intelligence by Peoples Electric Combines Smart Lighting with Building Systems
Unity
Unity
a green and white banner with the words, my bros are down for the unit
a green and white banner with the words, my bros are down for the unit

Implementing Robust Financial Systems

Ric has overseen the implementation of advanced financial systems at Unity, such as the adoption of Workday for financial planning and analysis. These tools have enhanced the accuracy and timeliness of financial data, enabling better decision-making.

**Example:** The implementation of Workday has improved Unity's budgeting process, enabling more accurate forecasting and resource allocation.

Fostering a Culture of Learning and Growth

Ric Ricardo believes in empowering his team members to grow both personally and professionally. He encourages continuous learning, mentorship, and skill development, creating a dynamic and engaged finance organization.

**Example:** Ric has implemented regular training programs and workshops, helping Unity's finance team stay at the forefront of industry best practices and emerging technologies.

As Unity continues to grow and evolve, Ric Ricardo's leadership as CFO remains instrumental in driving the company's financial success. His strategic mindset, operational excellence, and commitment to team development ensure that Unity's financial future is in capable hands. Looking ahead, Ric's focus on innovation, adaptability, and data-driven decision-making will be crucial in navigating the ever-changing landscape of technology and finance, ultimately empowering Unity to achieve its ambitious goals.