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Fractional CFO
Rockville, MDCordia Resources by Cherry Bekaert is partnered with a leading healthcare company dedicated to innovation and operational excellence. They are seeking a dynamic and experienced Fractional CFO to join their team.
Job Title: Chief Financial Officer (CFO)
Location: Remote – with travel to Maryland periodically if not already local
Hourly Rate: Market Rate
Job Type: Contract
Position Overview: The company is seeking an experienced and driven fractional CFO to join their team and play a critical role in shaping their financial strategy and operations as they prepare for completing Seed-Stage venture financing, followed by a Series A round. The ideal candidate will have a strong understanding of the digital health landscape, experience in financial modeling and analysis, fundraising, and a proven track record of success in leading financial operations for high-growth companies.
Key Responsibilities:
Job Title: Chief Financial Officer (CFO)
Location: Remote – with travel to Maryland periodically if not already local
Hourly Rate: Market Rate
Job Type: Contract
Position Overview: The company is seeking an experienced and driven fractional CFO to join their team and play a critical role in shaping their financial strategy and operations as they prepare for completing Seed-Stage venture financing, followed by a Series A round. The ideal candidate will have a strong understanding of the digital health landscape, experience in financial modeling and analysis, fundraising, and a proven track record of success in leading financial operations for high-growth companies.
Key Responsibilities:
- Financial Strategy & Planning:
- Develop a comprehensive financial strategy aligned with the company’s long-term goals and objectives.
- Develop and refine fundraising strategies, including assistance in identifying potential investors, managing relationships, and leading the due diligence process.
- Advise on current industry and financial trends, including market analysis, competitive benchmarking, and regulatory changes.
- Develop and maintain a robust financial model to forecast revenue, expenses, and cash flow, enabling informed decision-making.
- Develop value-creation inflection points that justify the Company’s valuation to facilitate negotiations with venture capital firms
- Establish key performance indicators (KPIs) to track financial performance and progress towards strategic goals.
- Provide financial leadership and guidance to the executive team, ensuring alignment between financial strategy and business goals.
- Fundraising & Investor Relations:
- Along with the CEO, lead the development and execution of fundraising strategies, including identifying and targeting potential investors.
- Manage investor relationships, providing timely and accurate financial information and updates.
- Along with the CEO, oversee the development of investor materials, including pitch decks, financial models, and due diligence data rooms.
- Financial Operations & Reporting:
- Oversee day-to-day financial operations, including accounting, budgeting, and financial reporting.
- Ensure compliance with all applicable financial regulations and reporting requirements.
- Implement and maintain sound financial controls and processes to safeguard company assets.
- Provide timely and accurate financial reports and analysis to management and the board of directors.
- Bachelor's degree in finance, accounting, or a related field.
- 10+ years of experience in financial leadership roles, with at least 5 years in the digital health or other life sciences company industries.
- Proven track record of success in developing and executing financial strategies, raising capital, and managing financial operations.
- Strong understanding of the digital health landscape, including market trends, regulatory environment, and reimbursement models.
- Expertise in financial modeling, analysis, and forecasting.
- Excellent communication, interpersonal, and presentation skills.
- Ability to work independently and as part of a team.