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Fractional Chief Financial Officer (CFO)

Fractional Chief Financial Officer (CFO)

SriSai Biopharmaceutical Solutions. LLCFrederick, MD, United States
3 days ago
Job type
  • Full-time
Job description

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

  • 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.

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