Head of Finance
Multiply Labs
Accounting & Finance
San Francisco, CA, USA
Posted on Jan 12, 2025
About Multiply Labs
Multiply Labs is a cutting-edge startup based in San Francisco, California, supported by top-tier tech and life science investors such as Casdin Capital, Lux Capital, and Y Combinator. We are revolutionizing the manufacturing of cell therapies by developing advanced robotic systems designed to automate and scale the production of these life-saving treatments. Our robots empower biopharma companies to produce cell therapies at scale without significantly changing their existing processes, reducing regulatory barriers and risks. While traditional approaches are time-consuming and lead to extremely high costs for patients (typically $1M+ per patient), using robotics can make these transformative treatments more accessible and affordable to patients in need.
To learn more and to view a video of our robots in action, visit us at www.multiplylabs.com and follow us on LinkedIn. You can also read our latest peer-reviewed study, which highlights the statistical equivalence between manual and automated cell expansion processes, at cytotherapy.org.
Position Overview
The Head of Finance is someone who finds all sorts of problems interesting and wants to take on more responsibility over time. In this role you will report directly to the CEO and be responsible for driving the company’s financial strategy, ensuring financial health, and supporting business growth. This role combines strategic responsibilities with hands-on management of financial operations in a dynamic, fast-paced environment.
In this role you will own:
FP&A and Financial Operations
- Build out financial controls and systems to ensure accuracy and compliance
- Manage cash flows through a solid understanding of current and expected expenses to ensure adequate liquidity for operations and growth.
- Partner with our outsourced accounting teams to ensure accurate and compliant financial reporting, accounts payable/receivable, audits, and tax filings. Develop a plan to bring accounting in-house.
- Own budgeting, forecasting, and financial analysis to monitor performance and identify improvement opportunities.
- Design and implement financial dashboards and reporting tools to enhance visibility into company performance.
- Manage vendor and contractor relationships (including monthly payments) ensuring cost-effectiveness and alignment with company objectives.
Strategic Collaboration
- Collaborate with the outsourced HR team to ensure alignment between finance and HR (i.e., hiring plans, compensation changes).
- Collaborate with outsourced Accounting team on aligning company growth and objectives to how we conduct financial reporting.
- Work with the CEO to manage compensation and equity tables, including oversight of Carta.
Systems & Process Optimization
- Establish and improve financial systems and processes to support startup growth and efficiency.
- Implement robust internal controls to ensure financial integrity.
- Develop and sustain efficient procurement systems.
Board and Investor Relations
- Partner with the CEO on Board meeting preparation, investor relations, and investor updates.
- Build and maintain strong relationships with current and prospective investors.
You might thrive in this role if you:
- Have a strong foundation in accounting and financial management, with a proven ability to handle complex budgets and reporting.
- Are excited by the idea of building systems and processes from the ground up in a startup environment.
- Enjoy working in ambiguity and are skilled at prioritizing tasks in a fast-paced setting.
- Are passionate about fostering a healthy, inclusive, and collaborative team culture.
- Have excellent communication skills and a knack for making complex information clear and actionable.
- Value flexibility and are adept at juggling multiple responsibilities, from high-level strategy to hands-on execution.
- Have a growth mindset and are always seeking opportunities to learn and improve.
Qualifications:
- 6+ years of progressive experience in FP&A, finance controller and / or financial operations with a track record of success in high-growth or startup environments.
- Undergrad degree in finance or accounting; an MBA is a bonus
- Demonstrated ability to create and manage budgets.
- Experience with Operational and Accounting process, systems design and implementation, an understanding of upstream/downstream impacts
- Exceptional organizational skills and attention to detail, with a proactive approach to problem-solving.
- Experience collaborating with executive leadership and cross-functional teams to achieve business goals.
- Ability to build and maintain relationships with vendors, contractors, and external partners.
- Strong analytical skills and the ability to interpret and present financial data clearly and effectively.
- Proficiency with financial software and tools, such as QuickBooks, Ramp, Bill.com.
- Bonus if you have a strong understanding of HR systems and tools such as payroll systems, benefits and 401(k) administration.
Total compensation includes generous equity and benefits including:
- Health Insurance
- Health Savings Account
- Daily catered lunch
- Commuter Benefits
- Flexible PTO
- 401K
We take pride in cultivating an environment that fosters collaboration, open communication, and authenticity. We are an equal opportunity employer; we do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We are diverse in background and singular in mission.