Fractional Chief Financial Officer

Fractional Chief Financial Officer (CFO)

SriSai Biopharmaceutical Solutions, LLC (SBS) – Frederick, Maryland

Reports to: Executive Vice President & Chief Strategy Officer

Engagement Type: Fractional / Part-Time

Schedule: 16–24 hours per week (defined days agreed in advance)

Position Summary

SBS is seeking a highly experienced Fractional Chief Financial Officer to provide strategic financial leadership, strengthen internal controls, and enhance financial reporting during a period of organizational growth and operational transformation. The Fractional CFO will partner closely with senior leadership to drive financial discipline, support decision-making, and build scalable financial systems that align with SBS's operational and compliance standards.

Key Responsibilities

Strategic Financial Leadership

• Provide expert financial guidance to senior leadership on strategic planning, budgeting, forecasting, and long-range financial models.
• Develop financial strategies aligned with organizational goals, capital needs, and growth initiatives.
• Advise on financial risks, opportunities, and mitigation strategies.

Financial Reporting & Analysis

• Oversee and review monthly, quarterly, and annual financial statements.
• Ensure accuracy, completeness, and compliance with GAAP and internal standards.
• Prepare financial analysis packages for senior leadership, including variance reports, trend analysis, KPIs, and dashboards.

Cash Flow & Treasury Management

• Create and maintain rolling cash flow forecasts.
• Monitor liquidity, banking relationships, and treasury controls.
• Recommend strategies to strengthen cash position and optimize working capital.

Budgeting & Forecasting

• Lead annual budgeting and reforecasting processes.
• Partner with department heads to create reliable budgets aligned with operational realities.
• Establish budget-to-actual review cycles with accountability measures.

Internal Controls & Compliance

• Evaluate and strengthen internal controls across AP, AR, payroll, procurement, and finance operations.
• Ensure segregation of duties, audit readiness, and financial compliance.
• Review and improve policies and procedures as needed.

Financial Operations Oversight

• Partner with the Controller, Accountants, and Operations to ensure timely closes and clear workflows.
• Review bank reconciliations, AP/AR aging, journal entries, and account schedules.
• Identify inefficiencies and recommend process improvements.

Audit & External Advisors

• Support audit preparation and liaison with external auditors, CPAs, and legal counsel.
• Oversee tax filings, financial compliance, and regulatory reporting through external partners as needed.

Systems & Tools

• Provide guidance on financial systems (QBO, expense tools, budgeting software).
• Recommend improvements or technologies to support scalable growth.

Qualifications

Education & Credentials

• Bachelor's degree required; MBA, CPA, CMA, or similar credentials preferred.
• 12+ years of progressively senior financial leadership experience.
• Experience in life sciences, biotech, pharmaceuticals, or manufacturing strongly preferred.

Technical Expertise

• Mastery of GAAP, financial modeling, budgeting, and financial controls.
• Strong command of QuickBooks (online), financial reporting tools, and analytical systems.

Leadership & Competencies

• Demonstrated ability to lead through influence in a complex, growing organization.
• Proven ability to mentor and develop finance personnel.
• Strong communication skills with the ability to present complex financial matters clearly.
• High integrity, discretion, and alignment with SBS's RICE values: Respect, Integrity, Customer-Centered and Excellence.

Engagement Requirements

• Ability to work defined onsite days set in advance with flexibility for remote work based on deliverables.
• Strong accountability to deadlines and deliverables.
• Must be able to operate independently without needing administrative push or micromanagement.

Success Criteria

Within the first 90 days, the Fractional CFO will be expected to:

• Produce accurate, timely monthly close packages.
• Implement or reinforce core financial controls.
• Establish reliable cash flow modeling.
• Build strong working relationships with senior leadership.
• Identify gaps, risks, and opportunities in financial operations.
• Provide clear recommendations for finance team structure and long-term needs.

Why SBS

SBS is entering its next stage of growth and is building high-performing financial, operational, and strategic systems. This role offers an opportunity to shape the financial future of a growing life sciences organization and partner directly with executive leadership.