Supporting the CEO, Founders and SMT of Start up Life sciences business
Leading on fundraising, PE / VC relationships and overseeing successful IPO
About Our Client
Having expanded into several product groups we are now searching for a proven CFO to lead the business through its critical stage of complex fundraising, growth and eventual IPO onto NASDAQ.
Our company is rapidly approaching 'true' commercialisation and so experience of moving a company from pre-revenue to sizable sales. It is essential that the candidate has deep experience of financial analysis, the ability to identify what analysis and data will be required and ensure that it is delivered at the right time.
As a member of the Executive Team, the CFO will develop and implement the financial strategy for the Company and oversee risk management and compliance. The ability to develop and optimise financial analysis covering a range of issues including the commercial feasibility of partnerships/joint ventures, developing transfer pricing strategies and economic modelling at industry and individual customer levels, is important; all essentially to allow the company to engage in customer discussions based on full knowledge and understanding of the commercial situation.
The CFO must exercise tight cash management and accurate forecasting, ensuring that the company is able to achieve its anticipated runway and objectives.
Key Responsibilities: -
Working closely with the Board, the CEO and the Executive team, develop the funding strategy for the business and lead the delivery of fund-raising activities.
Financial reporting, management reporting and statutory accounts.
Provide financial analysis and management information to support business activities.
Manage internal systems and controls with a clear focus on risk management.
Development of the Company's costing system.
Management of working capital.
Develop and maintain IT and data security policies to international standards.
Develop and manage the Finance team to support the activities of the Company.
Manage relationships with external auditors, legal counsel, regulatory bodies, tax consultants and other organisations, as well as undertaking commercial negotiations.
Work with UK & Global sites to ensure financial compliance and adherence to relevant laws and regulations.
Contribute to the development of corporate strategy.
Ensure tax filings are carried out on time and with accuracy.
Management of share option plans, including new awards and vesting of options.
Company secretarial responsibilities.
The Successful Applicant
Significant experience as CFO of a Life Sciences company with global operations or equivalent University spin-out environment.
Experience of fundraising and investor relations.
A track record in successful commercial contract negotiation with global companies.
Knowledge of commercial and financial analysis, accounting, information systems, internal financial controls, revenue recognition and financing modelling.
A professional accounting qualification. A further business qualification such as an MBA is preferable.
Experience in international operations, transfer pricing and royalty-based licensing business models.
Experience of taking pre-revenue companies into revenue, and IPO on NASDAQ.
Strong commercial, strategic and financial judgement and guidance.
A track record of managing and leading high performing teams within tight deadlines and delivering exceptional performance.
An international outlook with the ability to work across dual sites.
What's on Offer
Competitive basic salary, car allowance and various performance based incentives.