Chief Financial Officer

3 weeks ago

Durham, United States MedPharm Full time

Who is MedPharm?

We are a team of scientists and innovators developing new formulations and models for the topical and transdermal drug market. We have established a worldwide reputation for delivering exceptional solutions over the past 20 years and have continued to expand operations in our US facilities.

What does a CFO do?

The Chief Financial Officer (CFO) is responsible for managing all financial aspects of the MedPharm Operations.  This includes financial planning, tracking cash flow, analyzing the company's financial strengths and weaknesses, and proposing corrective actions. They also collaborate with senior and site leadership to make strategic financial decisions and drive the company's overall financial strategy.

What are we looking for?

We are looking for a CFO with strong financial acumen, leadership skills, and strategic thinking. The ideal candidate will have a proven track record of success in developing and implementing financial strategies, as well as excellent problem-solving and communication skills. Integrity and a commitment to ethical behavior are also essential. A bachelor's degree in finance, accounting, or a related field is required, with advanced degrees such as an MBA or CPA preferred.

Perks of working at MedPharm

  • Paid to work with amazing people
  • Health/Dental/Vision Insurance
  • Flexible Schedule
  • Life Insurance
  • FSA/HSA
  • 401k
  • Tuition Assistance
  • Free Gym Access
  • Professional Development Classes
  • Work/Life Balance
  • Social Events
  • Fun work environment
  • Financial Planning
  • Great Coffee Machine (Serves Hot Chocolate Too)

Position Summary

Position title: Chief Financial Officer

Reports to: Chief Executive Officer

Essential Duties and Responsibilities

  •  Providing leadership, direction and management of the finance and accounting team
  • Ensure that all MedPharm Finance is appropriately resourced, that personnel are trained, developed, and assessed in line with company goals.
  • Providing strategic recommendations to the CEO/president and members of the executive management team
  • Managing the processes for financial forecasting and budgets, and overseeing the preparation of all financial reporting
  • Advising on long-term business and financial planning
  • Establishing and developing relations with senior management and external partners and stakeholders
  • Reviewing all formal finance, HR and IT related procedures
  • Lead the annual budgeting process.
  • Periodically report on performance of MedPharm Finance to senior team and the Board
  • Duties include:
    • 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
    • Lead the capital request and budgeting processes
    • Develop performance measures and monitoring systems that support the company's strategic direction
    • 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, FP&A, legal, tax, and treasury departments
    • Oversee the financial operations of subsidiary companies and foreign operations
    • Manage any third parties to which accounting or finance functions have been outsourced 
    • Oversee the company's transaction processing systems
    • Supervise acquisition due diligence and negotiate acquisition
    • Oversee the issuance of financial information
    • Report financial results to the board of directors
    • 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 internal control systems
    • Maintain appropriate insurance coverage
    • Ensure that the company complies with all financial, legal and regulatory requirements
    • Ensure that record keeping meets the requirements of auditors and government agencies
    • Report risk issues to the audit committee of the board of directors
    • Maintain relations with external auditors and investigate their findings and recommendations
    • Actively manage the company cash balances and cash forecasts
    • Maintain banking relationships
    • Represent the company with investment bankers and investors
  • Any other duties as assigned

Candidate Requirements

     Education

  • Bachelors degree and advanced certification (CPA) with 10+  years of management experience

     Experience/Traits/Skills

  • Must have a meticulous approach to work and be highly organized
  • Good communication skills both written and oral
  • Must be able to multitask, manage time efficiently and be able to prioritize
  • Must be able to work independently and in a team environment

MedPharm Ltd is an equal opportunity employer and prohibits discrimination and harassment of any kind. We are committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedure.

Please be aware of phishing scams posing as MedPharm and offering opportunities in exchange for payment. Your personal details and credit card details should not be shared, especially if you are suspicious of the source requesting it.

By submitting your application to MedPharm Ltd, you confirm you are not presently debarred, suspended, proposed for debarment by the USDA or any other drug regulatory agency.

Note to Recruitment Agencies: Please do not submit resumes to any of our job opportunities advertised on our website, or directly to any employee of MedPharm. MedPharm will not be responsible for any fees that may relate to unsolicited resumes

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