You are the CFO’s counterpart on site in Germany and will take full ownership of the German finance function—from accounting and financial reporting through budgeting, forecasting, cash management, controls, tax and audit coordination - so that the CFO in the US can focus on capital markets, investors and corporate strategy. You are the main point of contact in Munich for management, auditors, tax advisors, banks and authorities and work closely with the CFO across time zones. The successful candidate will combine strong technical accounting capabilities with a proactive, business-oriented approach and the ability to build scalable processes as the Company grows.
Key Responsibilities
- Lead all day-to-day finance and accounting operations in Germany, with accountability for the accuracy, completeness and timeliness of financial information.
- Own the monthly, quarterly and annual close, including oversight of the Company's external accounting/tax advisor and DATEV-based accounting processes and provide timely reporting packages.
- Lead the annual budgeting process, working closely with functional leaders (R&D, clinical, CMC, support functions) to establish budgets, assumptions and spending accountability.
- Oversee ongoing forecasting, long-range planning and budget-to-actual analysis (including quarterly accruals for clinical trials and CRO contracts), proactively identifying material variances and emerging financial risks.
- Prepare high-quality financial reporting and deviation analysis for senior management, the Board and shareholders.
- Manage cash flow, liquidity and treasury, including short- and medium-term cash forecasting and bank relationships.
- Oversee accounts payable, procurement and payment approvals, ensuring appropriate financial and budget controls.
- Establish and continuously improve financial policies, processes and internal controls appropriate for a growing biotechnology company.
- Coordinate annual financial statement audits and manage relationships with external auditors, tax advisors and other finance-related service providers.
- Oversee German statutory and tax compliance, including coordination of HGB financial statements, corporate tax, to the extend applicable trade tax and VAT requirements.
- Manage intercompany accounting and financial processes between the German parent and international subsidiaries, including intercompany agreements and transfer pricing documentation together with advisors.
- Drive improvements in finance systems, reporting, automation and processes to create a scalable finance infrastructure capable of supporting future growth and potential public-company readiness.
- Support the introduction of US GAAP or IFRS reporting together with the CFO.
- Act as finance contact for payroll, insurance, banks and corporate housekeeping (shareholder resolutions and commercial register filings, together with legal counsel), and support clarification of the tax and accounting aspects of employee equity programs with advisors.
- Build up and lead a finance team as the Company grows.
