Chief Financial Officer

DryGro ,
London, Greater London
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Overview

Job Description

DryGro is seeking a highly skilled and experienced CFO to join our executive team. You will be working closely with the CEO to develop a company-wide view of the business, with a focus on financial modelling, unit economics, project finance modelling, and business model localisation within different countries. As CFO, you will be responsible for mapping and building DryGros core financial processes and reporting requirements. You are expected to play a hands-on role and be tightly integrated into the day-to-day running of the business, including running the companys control function. Working closely with the COO, the CFO should take a leading role in bringing operational excellence to DryGro. Additionally, we expect the CFO to work closely with the CEO to run the deal process for fundraising.This includes preparing projections, financial statements, and financial presentation materials, alongside occasionally supporting in investor meetings. As DryGro is a start-up, every executive is expected to pitch in and perform other duties (e.g. human resources, technology, legal) as needed. This role is based in London. The DryGro team is currently under work from home due to the Covid-19 pandemic. This role will start part-time and is expected to grow to a full-time role within one year. Main Duties and Responsibilities * Ensure the company has accurate financial metrics including expenses, cash flow and burn rate. * Model DryGros unit economics, track business performance over time, and continually improve the model to be more robust and predictive. * Build detailed models for project financing, and use these models to assess strategy options. * Prepare financial materials for investors. * Work closely with the CEO to raise capital needed to fund the companys growth. * Optimise the mix of capital between equity, debt and grant funding. * Work closely with the COO on the companys planning process and budgeting activities. * Mitigate currency risks. * Manage accounts payable and receivable. * Understand the companys tax requirements, and ensure compliance with relevant tax authorities in the UK and abroad. * Assess potential risks facing the company, and proactively try to mitigate them. * Manage DryGros audit process. Requirements * CPA and / or CFA, depending on experience * Masters degree in accounting, Finance or Business * Expertise in project finance modelling * A minimum of 8 years experience in a senior role, ideally including time in a start-up * Track record of closing equity deals * Up to date knowledge of current financial and accounting software/cloud applications * Proficiency with legal documents * Excellent verbal, analytical, organisational and written skills * Positive disposition and willing to pitch in with a small team to build the company Preferred Characteristics * High attention to detail and drive for excellence * Strong communication skills via a variety of mediums * Ability to adapt to a variety of cultures * Highly organized * Excellent time-management Benefits Our team is motivated by the potential to mitigate the impacts of climate change and increase food security around the world. The CFO role is core to our executive team, playing a significant role in our development and in our ability to impact the world. Within this role, you will have the opportunity to work alongside an elite team of plant scientists, engineers, strategists and technologists. DryGro supports a yearly fitness stipend, educational opportunities, and a home office setup stipend to support remote working. Job type: Permanent, part-time position (3 days / week) to start, with the intention to move to full time within one year Salary range: Competitive salary / equity package About DryGro DryGro is an agriculture technology company that is developing new ways to produce animal feed crops on arid, otherwise unproductive land. Demand for livestock, fish, and other animals is increasing at an incredible rate. This growth is driven by an expanding population (9 billion by 2050) and a growing middle class that is eating more animal products each year. The animal feed needed to keep pace with this growth is putting an enormous strain on the worlds natural resources, including the expansion of deforestation in Brazil and Argentina. Using DryGro technology, high-protein feed ingredients can be grown using a small fraction of the water needed in traditional agriculture. This method allows for crops to be produced on arid land, reducing land use pressure. This method of production can act as a viable climate change mitigation strategy, providing food security in regions that may otherwise struggle. DryGro was founded at Oxford, UK and currently has operations in the UK and Kenya. DryGro closed its "Series A" in 2020 and is currently expanding its team and scaling up operations. Externally DryGro maintains four university research partnerships across Europe, and since founding it has received awards and support from the European

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