THE CHALLENGE
We were retained by our client, the founding CEO and COO of a high-growth contract lifecycle management start-up to appoint a VP of Finance as the business continued through another period of growth. The company previously used an outside accounting firm and wanted to bring the finance and accounting function in-house. The VP of Finance is a critical role as the company looks to continue to achieve 200% growth in their current financial year. After a successful Series A fund raise in 2021, this role is critical in helping to achieve the second round of funding, Series B, during 2022.
THE SOLUTION
Reporting to the CEO as part of the company’s wider leadership team, the VP of Finance is responsible for overseeing all financial aspects of the business and driving the company’s financial strategy and planning. Our strategy focused on targeting specific individuals with a solid understanding and training in all areas of financial management and with an excellent accounting experience track record. Additionally, given the SaaS model of the company, software industry experience with a recurring revenue model was essential in order to deliver the results the company required in the timescale available. Candidates were assessed against their ability to lead a company through a Series A, B, and C funding strategy for a SaaS-based company.
THE RESULT
Our extensive market research meant we were able to create a shortlist within four weeks of instruction from our client, and the company selected five final candidates for interview, all based on the West Coast near the CEO’s location. Our candidate list was diverse and built specifically to suit the requirements our client had specified at the early search stage, so we were able to complete the process and place the successful candidate within 10 weeks of our original instruction.
