Finance Director - London, United Kingdom - The CFO Practice Limited

Tom O´Connor

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Tom O´Connor

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Description
A Finance Director is required for an exciting, high-growth Series A-backed business with a high-profile investor portfolio.

The company's mission is to empower millions of people to work near what matters to them by building a national network of community-led,'Work Near Home' co-working clubs.

The company has raised £3M in their latest fund round, with the longer-term ambition to grow to 250 co-working clubs across the UK, getting to 50 sites over the next five years.


Having secured £1.1 million in seed funding in the first 12 months of trading, the business closed its Series A earlier this year, raising a further £3m.

They are now looking to continue their business growth and are set to open new sites over the comingyear.

Your opportunity


Having recently appointed a Head of Operations and Head of Property, The business is keen to appoint a Finance Director that will form part of the leadership team to support the business's scale and growth.

You will be responsible for developing finance, but your overall remit will go far beyond just traditional accounting.

We believe that finance is a critical function, and we're looking for an individual who can bring a creative, operational and commercialoutlook.

As Finance Director, your remit will be broad and develop with the growth of the business


Likely responsibilities will include:

  • Your role will play a crucial part as a business advisor in a range of commercial activities:
  • Developing and owning the capital and operational expenditure models
  • Supporting future fundraising rounds
  • Providing future direction on the equity and debt structure
  • Working with the CEO and founding team on a comprehensive range of adhoc projects
  • Represent finance and directly engage with investors and external advisors
  • Define our nonequity fundraising strategy to reach the first reach five sites, then again to get to 50+. This will require creative thinking with debt, asset financing, landlord agreements and opco/propco structures.
  • You will have a curious mind and want to drive insights into KPIs, variance analysis, and the narrative around why results are what they are, along with calls to action where appropriate
  • You will take responsibility for developing the reporting, controls and financial framework that will enable us to scale effectively in the future
What we're looking for

  • We're very openminded about education and background. However, we expect you will be a qualified accountant with a minimum of 3 years of industry experience, ideally from within a startup or scaleup environment.
  • You bring a natural curiosity and passion for business building and are excited about collaborating across functions
  • You're clear that this is a careerdefining opportunity to make a name for yourself and make an impact on society
  • You exercise first principles thinking, willing and able to figure out knotty problems without prior knowledge. You are resourceful, action orientated, and motivated

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