Fractional Chief Financial Officer (CFO) at SriSai Biopharmaceutical Solutions. LLC
Date: 4 hours ago
City: Frederick, MD
Contract type: Part time
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
Education & Credentials
Within the first 90 days, the Fractional CFO will be expected to:
SBS is entering its next stage of growth and is building high-performing financial, operational, and strategic systems. This role offers an opportunity to shape the financial future of a growing life sciences organization and partner directly with executive leadership.
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.
- 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.
- Create and maintain rolling cash flow forecasts.
- Monitor liquidity, banking relationships, and treasury controls.
- Recommend strategies to strengthen cash position and optimize working capital.
- 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.
- 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.
- 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.
- 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.
- Provide guidance on financial systems (QBO, expense tools, budgeting software).
- Recommend improvements or technologies to support scalable growth.
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.
- Mastery of GAAP, financial modeling, budgeting, and financial controls.
- Strong command of QuickBooks (online), financial reporting tools, and analytical systems.
- 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.
- 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.
Within the first 90 days, the Fractional CFO will be expected to:
- 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.
SBS is entering its next stage of growth and is building high-performing financial, operational, and strategic systems. This role offers an opportunity to shape the financial future of a growing life sciences organization and partner directly with executive leadership.
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