Chief Financial Officer: Hub & Spoke Biotech in growth mode – Flexible Location: RETAINED SEARCH

Cornerstone Search Group
Published
October 31, 2021
Location
REMOTE | Greater New York City Area, United States of America
Category
Job Code
tfNH3087csg
Contact Email
tfascia@cornerstonesg.com

Description

Chief Financial Officer: Hub & Spoke Biotech in growth mode – Flexible Location: RETAINED SEARCH

SUMMARY:  This is an attractive opportunity to join an innovative and unique “Hub and Spoke” Biotech.  While this is a ground-floor opportunity, our client has already successfully established seed/Series A financing, has a fully-owned drug development and manufacturing platform that generates revenue and has 10+ programs in development. The Chief Financial Officer will have the full breadth of internal and external strategic financial/business responsibility across the company with an incredible opportunity to expand the company’s vision and grow both professionally and financially with their success.  Our client is looking for a CFO that can lead a Series B fundraising round with the ultimate goal being an IPO.

POSITION:  Chief Financial Officer

LOCATION:  New Jersey/New York preferred, but will allow someone to work remotely.

ATTRACTIVE FEATURES ABOUT THIS POSITION AND COMPANY:

  • Innovative Spoke & Wheel Biotech: Work for a unique biotechnology company which is focusing on innovative therapies through a spoke and wheel structure allowing for efficient and effective complimentary businesses.
  • Opportunity to own all aspects of Financial/Business strategy both internally and externally (fundraising, Financial Controls/Procedures, Accounting, Legal, IPO process, ).
  • Truly a ground-floor opportunity. Come in as one of the first employees and take part in growing the company from scratch. You will report directly to the CEO.
  • Compensation/Ownership: Our client offers competitive compensation packages, and you will also receive an ownership stake within the organization with the opportunity to meet several milestones with further financial rewards.
  • Unique Culture: Work in a very collegial, fast-paced environment that allows for faster decision-making and creative approaches to getting things done.

RESPONSIBILITIES:

  • Serve as the primary owner/facilitator across a Series B fundraise to include direct outreach, with the eventual goal of filing an IPO.
  • Represents the company to business partners, analysts, investors, including financial institutions and auditors.
  • Work alongside the CEO and Executive team to assess organizational financial performance.
  • Develop and implement systems/tools to provide critical financial and operational information to the CEO and make actionable recommendations on both strategy and operations.
  • Leadership and oversite of long-term budgetary planning and cost management in alignment with the company’s strategic plans.
  • Advise the CEO on business development and strategic planning.
  • Ensure maintenance of appropriate internal controls and financial procedures for the company.
  • Ensures GAAP, legal and regulatory compliance regarding all financial functions

REQUIREMENTS:

  • Graduate degree and/or equivalent preferred (e.g., MBA or Masters of Accounting)
  • 5-7+ years of related work experience, primarily in the biopharmaceutical industry
  • Proven track record in fundraising.
  • Proven management, presentation, strategy, and leadership experience, including developing talent.
  • Excellent interpersonal skills and organizational skills, along with demonstrated ability to work in a cross-functional team and be a creative thinker.
  • Demonstrated capacity to raise funds for early-stage companies.
  • Willingness to be a “hands-on, roll-up-your sleeves” leader in a growing organization.

CORNERSTONE’S PRIVACY POLICY:

Cornerstone Search Group considers all inquiries, resume submissions, and any other personal information submitted/shared with us as confidential information.  Any information provided/shared with us will not be shared with any parties outside of Cornerstone Search Group without your prior permission.

CONTACT:

Thomas J. Fascia | Partner

E: tfascia@cornerstonesg.com

P: 973-656-0220 x717

LinkedIn: https://www.linkedin.com/in/thomasfascia

CORNERSTONE SEARCH GROUP – Pharma & Biotech Executive Search

PO Box 5657 | Parsippany, New Jersey 07054 USA

www.cornerstonesg.com

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