Chief Financial Officer (CFO)

Kymanox•Morrisville, NC

24d

About The Position

Position at Kymanox I s Kymanox the right fit for you? You want to make a difference and have an impact... You enjoy having an influence in your day-to-day work... You are motivated by working alongside a team filled with subject matter experts who will help you learn and grow... You wake up every day and do what you do... because patients deserve better... If this sounds like you, you've come to the right place. About Kymanox: Kymanox (or the “Company”) is a modern life sciences consulting company that acts as an integral extension for clients that range from emerging biotech companies to established big pharma organizations. Kymanox’s engineering, scientific, and CGxP compliance professionals provide expertise in combination products (e.g., drug/device), biologics & advanced therapies (e.g., gene therapy), pharmaceuticals, and medical devices with support services that range from early-stage product development to post-market lifecycle management. Leveraging Kymanox’s corporate DNA of Ideal Knowledge Transfer™ (IKT™), the talented team partners with global clients to facilitate development and delivery of products with optimized safety, quality, efficacy, and accessibility. Kymanox is a global organization and the world’s first and only professional services organization that can also function as a full-fledged virtual biopharma company using Kymanox’s Hyper-Virtual Model. In areas where the Company does have overlap with competitors, it is widely recognized as a top professional services organization for combination products (e.g., gene therapy in a dose delivery system). The Company markets to Industry five core focus areas: Combination Products Biologics & Advanced Therapies Design Engineering and Testing Facilities and Manufacturing Services Quality and Compliance The Company was founded in 2004 with a vision to become a go-to technical and regulatory partner to life science companies and help bring products from bench to patient. Since then, Kymanox has invested significantly in its people, processes, and technology and has scaled to over 250 total team members today. Kymanox prides itself on continuously being at the forefront of the rapidly changing life sciences industry, providing complex and interesting projects for its employees, and differentiated services and support to its clients. Further, Kymanox is dedicated to cultivating a positive company culture that supports employees as persons, and not just workers. Kymanox has been supported by WestView Capital Partners, a Boston-based private equity firm, since mid-2021. Kymanox is headquartered in Research Triangle Park (RTP), North Carolina, USA and operates additional offices in King of Prussia, Pennsylvania USA, Boston, Massachusetts USA, Switzerland, and Germany. Job Description: The Chief Financial Officer will be a key member of the Executive Leadership Team and will serve as a strategic, collaborative and business-minded partner for the business. They will provide strategic vision, leadership, mentoring, planning, oversight, and direction to Kymanox’s accounting and financial planning and analysis functions. The CFO will continue refining a financial infrastructure that will enable faster and easier access to the current state of the business as well as measuring and reporting leading indicators. The CFO will oversee the overall accounting function including procedures, processes, structure and strategy for all financial planning and analysis, accounting functions, and senior level communication. There is presently a strong controller in place. The candidate will partner with the Executive Leadership Team to assess the financial plan and roadmaps associated with internal technologies, processes and KPIs to develop a growth stage appropriate infrastructure, and a staffing plan to support future growth. The CFO will partner closely with the CEO and key members of management on structuring key partner contracts, pricing, new service offerings, relationships, and participate in M&A activities. The CFO will not only have a passion for finance and accounting, but will also possess the motivation, skills, and experiences to foster a culture of collaboration between the finance and accounting teams and other functions internally within Kymanox. The candidate must lead from the front and be ready to experience the fast-paced industry and environment in which Kymanox works. The individual will also be an integral contributor to the wider strategic revenue management and development of the business. The CFO will be responsible for managing and directing the financial and accounting functions of Kymanox in accordance with generally accepted accounting principles, all local jurisdictional authorities and other regulatory and advisory organizations, and in accordance with financial management techniques and practices appropriate within the industry. This position is responsible for the direct supervision of senior and experienced resources for Controlling and FP&A, and the indirect supervision of all employees in the accounting and finance department.

Requirements

15+ years of related experience
Must possess valid CPA certification
Bachelor’s degree in Accounting , Finance, or other relevant field

Nice To Haves

Familiarity with people-based professional services, and ideally exposure to outsourced life sciences services.
Experience with growth companies backed by private equity.
Experience with Oracle’s NetSuite accounting system.
Experience with M&A – either sell-side exit experience or acquiring companies while at a platform.

Responsibilities

Plan, develop, organize, implement, direct and evaluate the organization's finance and accounting function and performance.
Report weekly, monthly and annual financial results to both the private equity investor as well as any applicable institutional lenders.
Prepare and present quarterly board meeting materials in collaboration with the rest of the Kymanox management team.
As applicable, serve as primary point of contact for senior lender.
Provide timely and accurate analysis of budgets, financial reports and financial trends in order to assist the CEO, key senior executives, and the Board in performing their responsibilities.
Work alongside CEO to evaluate overall business strategy and provide recommendations with respect to financial operations, cost-saving initiatives and growth opportunities.
Maintain existing Enterprise Resource Planning (ERP) system for accounting and financial recordkeeping .
Enhance, implement, manage, and enforce policies and procedures of the organization by way of systems that will improve the overall operation and effectiveness of the corporation.
Provide technical financial advice and knowledge to others within the financial function.
Own the budgeting and expenditure processes, including oversight and drive continual improvement through education of department managers on financial matters .
Provide strategic financial input and leadership on decision making issues affecting the organization (e.g., evaluation of potential acquisitions and financial partners) .
Optimize the handling of bank and deposit relationships.
Be an advisor from the financial perspective on key contracts into which the Company may enter.
Plan for continual improvement of the efficiency and effectiveness of the finance group as well as provide individuals with professional and personal growth opportunities where possible.
Be the key liaison and primary point of contact for the Company’s audit and tax preparers.
Be a key member of the senior management team in helping develop strategy, analyzing trends and financial information, and providing financial and strategic input around critical decisions.
Help lead and/or oversee system upgrades related to finance/accounting automation and AI integration.
Participate as a key member of the compensation committee.
Act as a key liaison with West View Capital Partners.