Finance Team Hiring and Systems Plan · Biotech

About this task

This Clinical-stage biotech in oncology (51–200 employees) is looking for a director Fractional CFO for a monthly bundle of recurring tasks, 8–14 h a month. What the finance function needs next: roles, tools and processes in order of priority.

The same kind of work comes back every month, so the company prefers one person with an hours cap over ad-hoc requests. It works in life sciences, where documents are versioned and reviewed in a fixed order.

The team sits in San Mateo. Everything can be done remotely; an occasional visit is welcome and never required for the first month. You choose your hours; nothing is scheduled except an occasional short call.

What you deliver

• Assess a 40-person company's finance setup and write a 12-month plan: hires, tools, controls and cost.
• The monthly list of items completed, each with a link to the result
• A named list of items moved to next month, so nothing is lost
• A month-end summary with hours used against the cap

What a month looks like

• Week 1: intake call and a list of what is due this month
• Weeks 2 and 3: items completed in short sessions
• Week 4: month-end summary and the list for next month

Duration: 8 weeks, with a monthly hours cap. Accepted when the company contact confirms the deliverable against the written checklist. One round of edits is included.

Tools

How you get paid

• The company prepays Deftridge before your first hour, so payment does not depend on a late invoice.
• Deftridge pays you in USD after the company confirms the hours or the deliverable. The payment date is written in your task agreement.
• You work as an independent contractor: you report your own income, and your recruiter sends the statements your accountant needs.
• You never chase the company. Questions about money go to Deftridge.

What happens after you say you're interested

1. Within one working dayA recruiter writes to you to confirm your hours and the rate you want.
2. You agree the rateYou and the recruiter fix an exact rate inside the company's range. You decide whether to go ahead.
3. With your written OKThe company sees the anonymous profile below. Most companies answer within three working days.
4. StartYou sign the task agreement and the company's confidentiality terms through Deftridge, and begin on the date above.

What the company sees about you

First name, field, experience, tools and the hours you offer. Not your surname, your employer or your contact details.

How this rate compares

The midpoint of this range, $254 an hour, is above the median director Fractional CFO rate in California ($250). The shaded band is the 25th to 75th percentile of the market.

All Fractional CFO jobs in United States · Fractional CFO rates in California · Finance & Accounting jobs

Questions about pay and privacy

The rules are the same for every task. Pricing explains the 15% fee, prepayment and when you are paid; How it works covers matching, what the company sees and side work next to a job.