Company Description
TruTechnologies is an RTP-based startup that is driving a much-needed technology overhaul in the $60 billion clinical trials industry. TruTechnologies' mission is to eliminate loss of samples provided for research by patients. The TruTechnologies solution empowers drug developers to track biosamples from the point of collection in real-time and ensure protocol compliance and data integrity in clinical studies. Founded in 2018, TruTechnologies has a vision to bring much needed innovation to biosample tracking to advance the research and development of new medical therapies.
TruTechnologies is led by a team of experienced, successful entrepreneurs and executives from drug development, enterprise software, banking, ecommerce, and other industries. We foster a flat, merit-based culture where the best ideas win. Because we are a small team, you will have unparalleled exposure to our leadership team, as well as opportunities to make an outsized impact on the success of the company.
Responsibilities:
• Partner with the CEO and Board of Directors to provide strategic financial insights and contribute to the overall direction and growth of the company.
• Provide financial and operational mentorship to the business as the company scales both strategically and cost effectively.
• Lead and oversee all accounting and finance operations, including budgeting, forecasting, financial planning and analysis.
• Guide the development and implementation of modern financial systems, including ERP upgrades and digital tools to enhance operational efficiency.
• Develop financial plans, budgets and forecast in line with the company’s objectives and growth trajectory. • Produce forward looking, predictive models to provide insight into the organization’s operations and business plans and proactively monitor and report progress.
• Drive operational process improvements across fiduciary asset management, treasury management, etc., ensuring accuracy and efficiency.
• Oversee the production and review of weekly, monthly and quarterly reporting metrics to be shared with the executive team and Board of Directors.
• Monitor key financial metrics and KPIs, identifying trends and areas for improvement.
• Track comparable company financial metrics, valuations and major financing or acquisition events.
• Ensure timely and accurate completion of necessary internal and external audits and reviews.
• Manage and oversee all aspects of governance, compliance and regulatory requirements for the business, ensuring strong internal controls and compliance with all applicable laws and regulations.
• Understand and review details of documents such as credit agreements, material purchase transaction documents and legal contracts, etc. that may have financial implications to the business.
• Build and lead high-performance accounting and finance teams, fostering a culture of accountability, collaboration and continuous improvement.
• Optimize the company’s capital structure, including active management of lending relationships, debt covenants, and financial forecasting in alignment with leverage strategy.
• Oversee equity and incentive compensation programs, including the granting, tracking, and financial reporting of incentive units, in coordination with HR.
• Advise on M&A strategy and help with financial due diligence, negotiation, and integration activities to support growth via acquisition.
• Mentor and develop the team, providing guidance and opportunities for professional growth.
Qualifications:
• Bachelor’s degree in economics, finance, accounting, or business administration. MBA and/or CPA preferred. • Experience leading finance at a high-growth software company (VC of PE backed a plus); ready to step into a CFO role or already operating at that level.
• Ability and willingness to be hands-on building financial models.
• 10+ years of demonstrable, progressive success as a financial leader.
• Significant experience defining and operationalizing financial strategies.
• Proven history of managing the financial and operational expansion of a business.
• In-depth knowledge of financial regulations, compliance and audit processes.
• Prior success in upgrading the quality of an organization’s financial infrastructure by improving budgeting, reporting and internal controls.
• Strategic thinker with exceptional technical skills, analytical ability, superb judgment and strong operational understanding of business operations.
• Willing to be on-site in the headquarters office in Research Triangle Park, NC.
