Role Summary:
As the Fractional CFO at WECHEER, you will dedicate 30-50% of your capacity to support the company’s financial strategy and operations during a pivotal growth phase. Acting as a strategic partner to the founders, your focus will be on fundraising, financial planning, cap table management, and optimizing operational efficiency to drive sustainable scaling.
Important:
Familiarity with the US Venture Capital market, and candidates based on the East Coast
Responsibilities:
1. Fundraising & Financial Planning
- Develop and lead a robust financial model for the Series A investment round.
- Collaborate with founders on pitch deck financials and investor materials.
- Provide strategic guidance for investor relations, term sheet negotiations, and due diligence processes.
- Support cap table management and equity planning, ensuring alignment with fundraising goals.
2. Operational Finance
- Improve and guide KPI reporting processes and financial workflows.
- Collaborate closely with the finance manager to streamline operations and ensure accurate reporting.
- Establish and monitor financial controls, ensuring compliance with industry standards and new certifications as required.
3. Strategic Leadership
- Advise on long-term financial planning, including M&A scenarios and potential exits.
- Offer insights into financial strategy, market expansion, and scaling for SaaS operations.
- Contribute to pricing strategy discussions, aligning with broader revenue growth goals (secondary focus).
4. Investor Relations & Board Reporting
- Prepare and present financial reports and dashboards for the board and investors.
- Ensure transparent and effective communication of financial performance and strategic plans to stakeholders.
Qualifications:
Mandatory:
- Proven experience in fundraising for SaaS startups, with a successful VC-backed Series A or later-stage funding round.
- Expertise in financial modeling, forecasting, and strategic financial planning.
- Deep understanding of SaaS metrics (ARR, CAC, LTV) and scaling SaaS operations.
- Prior experience with early-stage startups, particularly in Enterprise SaaS.
- Familiarity with compliance requirements and experience in preparing for certifications.
Preferred:
- A proven track record in Fractional CFO roles, ideally leading to IPO or exit.
- Experience working with global, remote, and distributed teams.
Workload & Structure:
- Part-time commitment of 30-50%, with flexibility during peak periods such as fundraising.
- Remote role, with occasional travel for key meetings or events.
- Compensation: A mix of cash and equity based on experience and engagement.
