Chief Financial Officer; CFO

Company: Scuba Tx

Stage: Seed / early Series A Med Tech

Reports to: Chief Executive Officer

Scuba Tx is preparing for a £3m fundraising round and US commercial launch in line with its April 2026 governing strategy blueprint. We are appointing a Chief Financial Officer (CFO) as a core member of the senior leadership team and the company’s single point of ownership for financial strategy, financial delivery, and economic truth
.

In accordance with the company blueprint, this role exists to complete Scuba Tx’s transition from a discovery-led organisation to an operationally credible, investable company
. The CFO combines strategic finance leadership with hands-on accountability for cash stewardship, pricing logic, contracts, governance, and fundraising
, supported by external providers where appropriate.

The CFO converts:

CSO-led scientific and clinical positioning

…into credible pricing models, reimbursement logic, cash-conversion pathways, and long-range financial plans that reinforce focus, guardrails, and disciplined execution
.

This is a senior, delivery-accountable CFO role
, designed to reduce reliance on CEO heroics and ensure the company scales decisions and systems, not individuals
.

The CFO is Accountable and Responsible (A/R) for end-to-end financial leadership in service of the Scuba Tx blueprint, including:

• Long-range (5-7 year) investor-grade financial modelling aligned to the company’s staged commercial and product sequencing
• Fundraising execution, financial narrative ownership, and diligence leadership
• US commercial pricing strategy and reimbursement economics, consistent with proof-before-scale adoption
• End-to-end cashflow management, liquidity planning, and runway protection
• Contracts, capital structure, and intercompany financial governance (UK vs US)
• Board-level financial reporting, downside analysis, and decision support
• Oversight of statutory accounts, tax, payroll, and financial compliance (delivered via internal or external resources)

The CFO owns financial outcomes, trade-offs, and delivery
, not only modelling or advice.

• Own and maintain a long-range financial model that reflects the company’s deliberate sequencing (ATC Heart - Lung - gated PSF)
• Model unit economics, pricing evolution, and reimbursement timing under conservative adoption scenarios
• Embed strategic guardrails into financial plans (focus over expansion, proof over scale, discipline over optionality)
• Provide scenario-based insight, downside protection, and capital sensitivity analysis to the Board
• Lead the financial workstream for the £3m raise, ensuring alignment with the governing blueprint
• Own the financial narrative, data room, and diligence response
• Act as the primary financial counterpart to investors, reinforcing credibility through consistency, clarity, and discipline
• Partner with the CEO in investor discussions while maintaining ownership of financial detail and integrity

• Define and model US pricing, discounting, and payment terms for OPO customers
• Assess the economic impact of adoption pace, reference behaviour, and reorder dynamics
• Ensure commercial economics support routine use before revenue optimisation
  , per strategy

• Own short-and medium-term cashflow forecasting and liquidity management
• Maintain visibility and governance over all incomings and outgoings
• Oversee contracts and vendor payment approvals from a cash-discipline perspective
• Ensure invoicing, cash collection, and reconciliation are robust and predictable
• Act as accountable owner for statutory accounts, tax, payroll, and financial compliance, delivered via external providers where appropriate
• Establish fit-for-stage finance processes and controls appropriate for a Seed / Series A Med Tech company

• Advise the Board on capital deployment, capital structure, and financing trade-offs
• Design and oversee intercompany flows and transfer pricing logic
• Build a dependable board-level finance reporting cadence that aligns financial and operational truth
• Support audit, investor reporting, and governance evolution post-raise
• Act as a senior executive…