Fractional CFO_ Life Sciences Practice

Fractional CFO_ Life Sciences Practice

Department:
Escalon Health Life Sciences Practice

Employment Type:

Contract

Location:

Remote

Description

What does it mean to be a Fractional CFO within the Escalon team?

As a fractional CFO you could spend a few hours a month up to full time availably applying your technical and account management skill set across a variety of clients and industries.

What You’ll Do:

The primary objective of the Fractional CFO within our Life Sciences Practice is to oversee enterprise accounting and provide financial information about client company’s activities that will assist the client and its shareholders in making economic company decisions. This position is proactive and solution oriented, offering depth of experience to our clients in the fast-paced world of start-up accounting.

This position will afford you a high degree of flexibility, the ability to focus on CFO-level work (with a US and global team who will handle the bookkeeping and transactional accounting), an opportunity to work with exciting companies, and a support network of experienced financial professionals.

We are looking for stellar CFOs who have the experience, skills and desire to support a diverse and intriguing mix of businesses while building and managing strong client relationships. If you are ready to work with cutting-edge startup companies, founders, investors and stakeholders focused on results, this opportunity is designed for you.

Day-to-Day Responsibilities also include:

• Primary responsibility and ownership for overall engagement level relationship with the client

• Provide insightful and trusted counsel to client business leadership and internal engagement team on both financial and broad-based business issues related to the overall performance of the client company.

• Serve as a consulting member of the client leadership team in providing advice regarding the financial implications of all major client business decisions, as well as strategic input to shape client business objectives.

• Direct the work of accounting and financial planning team in all financial reporting including the provision of comprehensive monthly financial statements, and the development of forecasts and budgets respectively.

• Enable aligned direction and value creation through effective short and long-range budgeting and forecasting

• Inform the client’s treasury function including optimizing cash flow

• Assist with strategies to capitalize the business, assisting to secure debt facilities and/or support fundraising activity.

• Identify opportunities for improvement, cost reduction, and systems enhancement.

• Manage external relationships with auditors and tax preparers and oversee risk management, including insurance.

• Oversee Corporate Governance and internal controls.

• Provide support on mergers and acquisitions and due diligence processes.

• Review and oversee client onboarding process to ensure company meets and exceeds client expectations.

• Create and nurture partnerships across functional roles within our organization including our One Shore team located in India

What You'll Bring

Must Haves:

• 10+ years in a financial role with at least 3+ years as a CFO

• Experience working with Venture- and Private Equity-backed companies

• Strong understanding of equity and debt financing

• Proven track record in successfully supporting growth using strong analytical skills and effective financial modeling

• Experience leading financial budgeting and financial planning process

• Ability to develop, improve, oversee and review corporate accounting functions

• Solid understanding of financial compliance requirements and experience implementing and managing financial policies

• Above average knowledge and understanding of GAAP

• High level of energy and ability to thrive in fast-paced, dynamic business environments

• Significant experience working with external auditors, internal controls, systems implementation and compliance.

• Successful at executing on business development, networking, and sales activities to build client base

• Above average communication and presentation skills

• Exceptional Leadership and team management skills, preferably…