'RocketShip' startup seeking FD
ClearScore has taken off. Launched in July this FinTech startup, where I am on the board, is now adding 10s of thousands of customers a week, and is ready to hire a rockstar FD.
If you are one, or have a friend who is one, let me know. A case of excellent wine for a successful suggestion. : ) Thanks for your help.
Profile below (slightly losing its formatting in G+)
Financial Director Role Profile
ClearScore offers free credit reports and scores focusing on delivering an excellent product experience that empowers the consumer to make better financial decisions and understand their financial position better. ClearScore is based on excellence in technology, marketing and analytics all delivered through the lens of a product experience which is highly engaging, differentiated and positive.
ClearScore was founded by Justin Basini with backing from Brightbridge Ventures, Blenheim Chalcot and QED Investors. The team is now around 20 people and the business is growing fast. The launch has been highly successful and although early days the key hypotheses of the business model are being proved out successfully.
2016 and 2017 will be high growth years and the company is looking to recruit a highly talented, up and coming FD who can grow and enjoy a high growth, highly challenging few years.
Strategic partner. Serve as a key member of the top management team in developing and implementing Clear Score’s business strategy. Act as a thought leader in providing analytical insight and perspective with respect to measures such as cash flow, business development and unit economics. Partner with the CEO to provide financial oversight, establish metrics and monitor performance.
Active financial management. Be hands on with finance and financial management. Be prepared to roll your sleeves up and process invoices and look after the pennies and well as the strategy. See the opportunity to get hands on work done as a real contribution to the business rather than a task that is beneath them. Ensure that they actively monitor the business and produce the MI and reporting that is needed to achieve this.
Planning and analysis. Oversee the development of capital allocation and strategic plans to ensure optimal utilization of financial resources. Help lead the development of future business strategies as well as pricing models for products and services; establish long term financial goals; and monitor and analyse ongoing performance against these objectives. Develop high-quality financial information and analysis to provide context and insight to decision-makers across the company.
Capital markets. Play a leading role in defining the company’s financial structure, equity fund raising and balance sheet management. Interface with investors and third party financial institutions; arrange and negotiate bank credit lines, loans and other debt financings. Continuously evaluate options to maximize company value as it grows.
Stewardship. Establish strong financial controls and, more importantly, serve as a moral compass within the company by instilling a culture that emphasizes dealing with issues in a transparent and honest way.
Executive Leadership. Provide strong leadership in the recruitment, training and development of top quality talent across the entire organization. Understand and support that the role is to ensure their peers members make sound decisions and use influencing skills to positively engage in teaching opportunities.
Extensive experience in finance, ideally as a CFO or FD of a high growth consumer focused technology or FinTech entity. Experience outside these industries will be considered with the emphasis on experience working to scale a business. Familiarity with establishing financial operations working with businesses that operate in a hyper growth / start up mode. An accounting degree is a plus but not a requirement.
Experience working with Venture Capital funded entities ideally through to a liquidity event is preferred. Strong relationships within the banking and investing community and solid understanding of the needs of venture capital and other investors.
A flawless track record regarding ethics and compliance. The CFO will have significant experience working for a global organization known for its commitment to tight financial controls and systems, and its development of industry leaders.
A history of a strong advisory relationship with the CEO of a high velocity business, based on expertise, intellect and a direct, open and candid style. Beyond reporting accurate numbers, the CFO should be able to accurately tell a “story” of the business and apply a thoughtful analysis for the organization and its constituents.
Significant expertise in business development / contracting. A candidate with solid treasury, financing and banking experience is critical.
Extensive experience leading a corporate restructuring or an ongoing operational improvement and cost efficiency program. Change management experience is preferred.
History of setting and achieving the highest standards of performance for the team; someone truly recognized for attracting great talent, building a strong bench and developing a successor. Ideally, a person with a great appreciation for how critical creating a high performing team is to success.
Ideal Personal Profile
The successful candidate will be intellectually powerful, candid, direct and non-political, with a highly developed sense of ethics, energy, confidence, creativity and ambition. Other essential attributes include:
Untarnished reputation for personal and professional integrity and honesty.
Strong executive presence and credibility; an executive with management skills that allow for instant credibility with employees, customers and business partners.
A proven motivator of people; an executive with undeniable experience in rallying the troops; not afraid to roll up his/her sleeves.
Ability to think and act like a shareholder; proactively suggests change and improvements and is willing to execute on them.
Exceptional overall business and general management skills, both quantitative and qualitative.
A creative and innovative individual, with the ability to simplify, communicate and sell ideas across the organization.
A team-oriented, assertive personal style; highly developed interpersonal skills, adept as an influencer and negotiator.
An interest in technology and the rapid developments of the global economy.