Job Description

Director of Finance

Summary: The Director of Finance is accountable for administrative, financial, and risk management operations of the company. This includes the development of a financial and operational strategy, managing fundraising and diligence initiatives, generating and monitoring budgets, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results. Principal accountabilities are:

Planning:

  • Assist in formulating the company’s future direction and supporting tactical initiatives
  • Monitor and direct the implementation of strategic business plans
  • Develop financial and tax strategies
  • Manage the capital request and budgeting processes
  • Develop performance measures that support the company’s strategic direction

Operations:

  • Participate in key decisions as a member of the executive management team
  • Maintain in-depth relations with all members of the management team
  • Manage the accounting, human resources, investor relations, legal, tax, and treasury departments
  • Oversee the financial operations of subsidiary companies and foreign operations
  • Manage any third parties to which functions have been outsourced
  • Oversee the company’s transaction processing systems
  • Implement operational best practices
  • Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package
  • Supervise acquisition and/or fundraising due diligence

Financial Information:

  • Oversee the issuance of financial information
  • Report financial results to the board of directors

Risk Management:

  • Understand and mitigate key elements of the company’s risk profile
  • Monitor all open legal issues involving the company, and legal issues affecting the industry
  • Construct and monitor reliable control systems
  • Maintain appropriate insurance coverage
  • Ensure that the company complies with all legal and regulatory requirements
  • Ensure that record keeping meets the requirements of auditors (GAAP)
  • Report risk issues to the audit committee of the board of directors

Funding:

  • Monitor cash balances and cash forecasts
  • Arrange for debt and equity financing

Third Parties:

  • Maintain banking relationships
  • Represent the company with investment bankers and investors

Desired Qualifications: The candidate director of finance should have at least a bachelors degree in finance or accounting, or equivalent business experience and 10+ years of progressively responsible experience for a major company or division of a large corporation.  Should have experience in partnering with an executive team, and have a high level of written and oral communication skills. Experience with NetSuite ERP is a plus. Preference will be given to candidates with an MBA in Finance and/or the Certified Public Accountant or Certified Management Accountant designations.

Working Conditions: Will work in an office environment. 

INVISIBLE SENTINEL prides itself on not restricting the development of its employees as the company realizes its goal of becoming a global diagnostic biotechnology leader. Invisible Sentinel encourages both the professional and personal growth of our employees and is committed to supplying our employees with the resources they need to realize their full potential.

INVISIBLE SENTINEL, a global molecular solutions company based in Philadelphia, is dedicated to providing first-in-class microbial detection tools. The company’s core technology, Veriflow®, is a patented, game-changing platform that integrates molecular diagnostics, antibody design, and immunoassays. Veriflow® has been applied across multiple industries including food safety and beverage quality.

Resumes can be submitted through our online form here.

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