My client, an investor-backed retail tech startup in the Midlands are seeking a fractional CFO to assist the business and produce monthly board packs leading up to the next round of investment and hopefully beyond. In addition to the day rate, the right person could enjoy bonus for reaching significant milestones and the opportunity to join the business full time in the future. This role can be performed remotely with some trips to Birmingham for board meetings.
Company
With a truly compelling B2C proposition that embodies fun, this retail tech startup has built a base of repeat customers from humble beginnings and has set its sights on further growth. Having won investment, the company is now looking to hire a fractional CFO that can assist and grow with the business.
Role
2 days a month.
Working closely with the the CEO, the CFO will be responsible for:
- Attending monthly board meetings
- Managing investor relations
- Present compelling financial information to investors
- Sole responsibility for creating and presenting board pack / monthly management reports
- Preparing the business for future rounds of funding
- Final sign-off on all financial reporting
- Overseeing existing accounting measures and making recommendations to improve
- Helping the business to make the right financial decisions around customers / suppliers / employees / sources of finance
- Scenario modelling / forecasting
- Cash flow decisions
Person
The ideal candidate will have:
- Multiple success at startups or small lean businesses from early days to exit
- Retail experience - Business to consumer
- Worked at companies with similar products (a subscription package for experience days)
- Similar industry - Leisure/ tourism / events / discount vouchers
- Proven ability to work with investors on the board
- Proven ability to creatively finance a startup (VC / private investment / HNW)
- A good network of investor / VC connections
- Demonstrable experience of successful forecasting / modelling
- Demonstrable success of business uplift (competitive advantage / financing and profitability)
Qualifications
Qualified accountant with CIMA / ACCA / ACA / FCA
Remuneration
We would welcome applications from candidates requiring a day rate between £350 to £1000 a day
Whilst we are advertising for a CFO, you may currently hold the title of Chief Finance Officer, Finance Director, Head of finance, Finance Manager etc.