CFO - Part-time (1-3 days), Start-up AI Company with Equity
Salary £80,000 - £85,000 per annum + Equity
Consultant Melanie Clark
Date posted 13 March 2019 2019-03-132019-04-13 it London London GB W1D 3BW GBP 80000 85000 85000 YEAR Robert Walters https://www.robertwalters.co.uk
The part-time CFO position is based in London, for 1-3 days a week. My client has developed a fast learning AI technology system targeting the B to C market. The AI company has strong investment, is pre-revenue, in the latter stages of development and has been very highly regarded so far. The Founders are looking for a CFO who has relationships with top tier venture Capitalists as they seek to secure between $10-$50m of investment. A CFO who can work with an accounting outsource provider, implement a finance and operational infrastructure for scale, provide meaningful management information, forecasts, strategic advice and Venture Capital introductions for further funding.
Responsibilities of the part-time CFO include;
- Introducing and managing Venture Capitalists to raise significant investment
- Taking responsibility for all aspects of day to day finance
- Managing cash management and forecasting
- Reviewing and approving statutory accounts
- Providing strategic and commercial decision support to the corporate directors
- Planning revenue model
- Taking on operational responsibilities & challenges
- Managing treasury
- Performing ad-hoc projects
The successful part-time CFO should be a qualified ACA, ACCA, CIMA accountant, have experience of working in start-ups and early stage VC backed technology firms, ideally have Artificial Intelligence and SaaS experience and have a hands on attitude. Relationships in the VC world is the ideal.
This part-time CFO position would suit an individual who is happy to be located in the business for 3 days a week, while providing an opportunity to advise elsewhere on the other 2 days. This is a permanent opportunity for a CFO who would like to benefit from the growth of an early stage AI disruptor.