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Head of Finance
2 weeks ago
Multiply Labs is a cutting-edge startup based in San Francisco, California, supported by top-tier tech and life science investors such as Casdin Capital, Lux Capital, and Y Combinator. Our mission is to build the best robots in the world, and use them to make the most advanced life-saving therapies accessible to all.
We are revolutionizing the manufacturing of cell therapies by developing advanced robotic systems designed to automate and scale the production of these life-saving treatments. Our robots empower biopharma companies to produce cell therapies at scale without significantly changing their existing processes, reducing regulatory barriers and risks. While traditional approaches are time-consuming and lead to extremely high costs for patients (typically $1M+ per patient), using robotics can make these transformative treatments more accessible and affordable to patients in need.
To learn more and to view a video of our robots in action, visit us at www.multiplylabs.com and follow us on LinkedIn.
Postion Overview
We are seeking an analytical, hands-on Head of Finance who will build and lead the financial systems that power Multiply Labs' growth. As Head of Finance, you'll design and manage the company's financial backbone-overseeing planning, reporting, and controls to enable sound, data-driven decisions and fiscal compliance. You will partner closely with the CEO and leadership team to ensure that Multiply Labs scales efficiently and sustainably through its next stage of growth, building a finance function that grows with the company.
Responsibilities: Strategic Finance
- Partner with the CEO and leadership team to shape and execute the company's financial strategy, aligning capital allocation with growth priorities and risk management.
- Support the CEO with capital markets activities, including fundraising, investor relations, and due diligence.
- Evaluate strategic initiatives (e.g. new product lines, pricing models, partnerships, and major capital investments) through financial modeling and ROI analysis.
- Support strategic vendor and customer negotiations with financial analysis and scenario modeling.
- Provide strategic insight into company performance and recommend levers to improve unit economics, cash flow, and overall profitability.
- Develop long-range financial plans and support strategic planning cycles.
- Own preparation of financial materials for Board meetings, investor updates, and due diligence processes.
- Develop and maintain the company's financial model, including revenue forecasting, expense tracking, and cash flow management.
- Lead annual budgeting, quarterly forecasting, and monthly variance analysis processes.
- Partner cross-functionally with department heads to translate operating plans into financial goals, budgets, and KPIs.
- Deliver monthly and quarterly reports, insights, and dashboards that inform executive and Board-level decisions.
- Partner with Operations & HR and department heads on headcount, compensation, equity, and incentive planning.
- Partner with Product and company leadership on pricing strategy, ensuring alignment between cost structures, market positioning, and margin targets.
- Oversee and manage the relationship with the external accounting provider to ensure accurate, compliant, and timely financial reporting.
- Manage all accounting operations, including accounts receivable/payable, payroll, and expense reporting.
- Ensure timely month-end and year-end close processes with accurate reconciliations and reporting.
- Own compliance with all applicable financial, tax, and regulatory requirements.
- Oversee invoicing and collections, optimizing payment terms and cash management.
- Support preparation of audited financial statements and coordinate with external auditors as needed.
- Manage cash flow forecasting, banking relationships, and investment of company funds.
- Monitor runway, burn rate, and capital needs in collaboration with leadership, providing proactive recommendations to optimize cash utilization.
- Partner with Operations to streamline travel and purchasing policies, ensuring adherence to company financial controls.
- Oversee company purchasing processes and establish appropriate approval limits.
- Implement internal financial controls to ensure accuracy, transparency, and compliance.
- Partner with leadership to evaluate and optimize major vendor and supplier contracts.
- Lead implementation and continuous improvement of finance systems and tools (e.g. ERP, expense management, FP&A software) to drive automation and scalability.
- Bachelor's degree in Finance, Accounting, Economics, or a related field
- 7+ years of relevant experience in financial management, FP&A, or accounting leadership
- Proven success building or scaling finance functions in fast-paced, high-growth, venture-backed environments
- Strong analytical and modeling skills, with a deep understanding of cash flow, budgeting, and forecasting
- Experience managing external accounting or audit partners
- Excellent communication and collaboration skills across technical and non-technical teams
- Ability to synthesize complex data into actionable insights for executive decision-making
- High attention to detail and accountability under tight timelines
- Proficiency with financial software and tools, such as QuickBooks, Ramp, and Bill.com
- MBA or CPA strongly preferred
- Prior start-up experience strongly preferred
- Experience in both strategic FP&A and hands-on accounting operations preferred
- Experience implementing financial and accounting systems during rapid scaling phases (Series A-C)
- Experience supporting fundraising, due diligence, or investor relations
- Familiarity with manufacturing or hardware cost-accounting principles
- While our headquarters is located in San Francisco, CA, this position will require up to 5-10% domestic and international travel.
- 401K with 4% company match
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Partial Health Insurance for Child Dependents
- HSA or FSA
- Twice weekly catered lunch (for team members in SF office)
- Pre-tax Commuter Benefit
- 10 Paid Holidays
- Flexible PTO
- Paid Parental Leave
Multiply Labs will review the benefit offerings periodically and the benefit options are subject to change to meet employee and business needs.
$160,000 - $210,000 a year
Multiply Labs is an early-stage startup where equity is a major part of the compensation package.
Closing
We take pride in cultivating an environment that fosters collaboration, open communication, and authenticity. We are an equal opportunity employer; we do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We are diverse in background and singular in mission.