CFO - VC-Backed BioTech Start-Up (Post Series A) - Boston (Remote EST)

Company: Harmonic Finance Inc --- - Certified B Corp
Location: Garland
Posted on: January 17, 2023

Job Description:

CFO - VC-Backed BioTech Start-Up (Post Series A) - Boston (Remote EST) The Client
Harmonic are proud to be working with a rapidly growing VC-backed Biotech start-up looking for their first CFO following the closure of a significant Series A fundraise (over $100m). Backed by some of the world's leading BioTech and Pharma VC investors they are using Artificial Intelligence and Machine Learning technology to create products that will change the lives of millions by harnessing the power of the microbiome and 'gut' health. With a leading team of scientists and tech specialists from some of the top schools in the country they are preparing to come out of 'stealth mode' in the coming months. Following the fundraise they are in the process of building an Executive Leadership team to support the scale up phase of the business and steer them through the completion of clinical trials, regulatory approval and preparation for product launch over the coming years. The Role
The CFO will work directly with the CEO shaping the strategic direction of the business and ultimately take full responsibility for the Finance function (FP&A, Financial Modelling and Control). There is a heavy focus on driving future fundraising rounds and building relationships with existing investors and Board Members. The CFO will partner with Research teams, Scientists and Tech teams to implement insightful analysis and forecasting designed to deliver improved decision making and accountability. Initially managing a Controller and FP&A Analyst, as with all start-up roles, there will be a real 'hands on' element to the role with the CFO having ultimate responsibility for ensuring the implementation of robust financial controls and processes/ systems which will support scale.
Responsibilities: - Partner with the CEO to develop short and long-term strategy - Face off to VC investors and Board Members in an investor relations capacity - Develop Pitch Decks and own the end-to-end fundraising process for Series B and Series C rounds in the coming years - Own the development and improvement of financial models to support fundraising rounds - Build relationships with the wider leadership team and implement the necessary KPI's and metrics to support decision making - Own and establish a world class FP&A function to ensure a sensible approach to 'cash burn' - Develop improved budgeting and forecasting as the business moves through the clinical trial phases - Oversee the implementation of financial controls, tax and compliance processes - Ensure the implementation of systems that are fit for purpose and scalable continuously looking for areas of improvement - Build, train and mentor a strong finance team - Continuously act as a Leader for the wider business often supporting on Operational, Legal and People projects What you need: - BioTech, HealthTech or MedTech experience - Previous experience in a Tech start-up - Excellent communicator - Strategic thinker - Expert in building out finance and supporting teams What we'd like to see: - Wider Tech Start-Up experience - Delivered VC funding rounds (Series A, B or C) - Experience Pre-Revenue - Experience in a regulated environment - MBA, Investment Banking background or Qualified Accountant Package: $300,000 - $400,000 + Bonus + Generous Equity/ Share Options + Benefits Package Location: Boston, MA (Remote East Coast)
Please get in touch with at Fin on fin@harmonicfinance.com
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Keywords: Harmonic Finance Inc --- - Certified B Corp, Garland , CFO - VC-Backed BioTech Start-Up (Post Series A) - Boston (Remote EST), Executive , Garland, Texas