At a Glance
- Tasks: Lead financial strategy and fundraising efforts for an innovative EdTech company.
- Company: Join The Profs, an award-winning EdTech firm transforming higher education tutoring globally.
- Benefits: Enjoy flexible part-time work with a dynamic team and impactful projects.
- Why this job: Be part of a mission-driven company that connects students with top tutors and drives educational success.
- Qualifications: Must have experience as a CFO or Finance Director in a growth-stage business.
- Other info: Work closely with founders and top-tier partners like EY on exciting investment opportunities.
The predicted salary is between 72000 - 144000 £ per year.
The Profs is an award-winning and innovative EdTech business providing higher education tutoring and admissions consulting to clients and institutions around the world.
Founded by two brothers with a view to pairing tutors with technology to help students achieve their personal goals, we are headquartered in London and have grown to a 40 strong team split across sales, marketing, tech and operations. We work predominantly in a B2C capacity and connect students, typically 16-24 years old, and/or their parents with professional private tutors to help them get the results they need to progress in life. We also have a small number of B2B clients including the University of Cambridge, Oxford and Imperial College London among others. Last year we connected over 10,000 students with our 1,000 freelance tutors. 90%+ of our survey respondents tell us they get their desired grades and into the preferred universities. As such, we are the highest rated tutoring company on Trustpilot and have won numerous awards.
About the role: The Profs Group partnered with EY and are preparing to go to market for a major investment round. As such, we are looking for an experienced CFO or Financial Director to support the founders in creating an ambitious, realistic business strategy and financial model, as well as a fundraising strategy.
Key Responsibilities:- Partner with the founders to translate vision into a detailed, costed business strategy.
- Identify growth opportunities, resource requirements, competitive positioning, and strategic milestones.
- Help define the platform’s market positioning and validate its strengths and differentiators.
- Building financial forecasts and relevant models to predict an ambitious growth plan.
- Work alongside EY to craft compelling investor materials: business plan, financial model, investor deck, and Confidential Information Memorandum (CIM).
- Ensure financial narratives align with commercial strategy and market opportunity.
- Bring clarity and simplicity to complex ideas to resonate with prospective investors.
- Act as a key point of contact for investor-related queries and due diligence processes.
- Support the team in compiling data rooms, addressing investor requests, and ensuring transparency and readiness throughout the fundraising process.
- Proven experience as CFO, Finance Director, or senior finance lead in a growth-stage or scaling business.
- Demonstrated success in preparing and executing investor fundraising rounds (Seed to Series B and beyond).
- Strong strategic, commercial, and financial modelling skills.
- Experience working with or alongside investment banks, corporate finance teams, or Big Four advisors.
- Excellent communication and storytelling abilities – both financial and narrative.
Application Process: Please apply by sending us your CV and a short explanation of why you would be suitable for the role.
Seniority level: ExecutiveEmployment type: Part-time
Job function: Education, Finance, and Management
Industries: E-Learning Providers, Higher Education, and Education
Fractional CFO (Greater London) employer: Placed
Contact Detail:
Placed Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Fractional CFO (Greater London)
✨Tip Number 1
Network with professionals in the EdTech and finance sectors. Attend industry events, webinars, or local meetups to connect with potential colleagues or mentors who can provide insights into the role and company culture at The Profs.
✨Tip Number 2
Familiarise yourself with the latest trends in EdTech and fundraising strategies. Understanding the current landscape will help you speak confidently about how you can contribute to The Profs' growth and investment goals.
✨Tip Number 3
Prepare to discuss your previous experiences in detail, especially those related to fundraising rounds and financial modelling. Be ready to share specific examples of how you've successfully navigated similar challenges in past roles.
✨Tip Number 4
Research The Profs thoroughly, including their mission, values, and recent achievements. This knowledge will not only help you tailor your conversation but also demonstrate your genuine interest in being part of their team.
We think you need these skills to ace Fractional CFO (Greater London)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience as a CFO or Finance Director, particularly in growth-stage businesses. Emphasise your success in fundraising rounds and strategic financial modelling.
Craft a Compelling Explanation: In your short explanation, clearly articulate why you are suitable for the role. Focus on your strategic vision, experience with investor relations, and ability to simplify complex financial narratives.
Showcase Relevant Skills: Highlight specific skills that align with the job description, such as your experience with investment banks or corporate finance teams, and your storytelling abilities in both financial and narrative contexts.
Proofread Your Application: Before submitting, carefully proofread your CV and explanation for any errors. A polished application reflects your attention to detail, which is crucial for a CFO role.
How to prepare for a job interview at Placed
✨Understand the Company’s Vision
Before your interview, make sure you thoroughly understand The Profs' mission and vision. Familiarise yourself with their innovative approach to education and how they connect students with tutors. This will help you align your answers with their goals and demonstrate your genuine interest in the company.
✨Prepare Financial Models
Given the role's focus on financial modelling, come prepared with examples of financial forecasts or models you've created in the past. Be ready to discuss how these models contributed to business growth or fundraising efforts, showcasing your strategic thinking and analytical skills.
✨Craft Your Story
Your ability to communicate complex financial concepts clearly is crucial. Prepare a concise narrative that outlines your career journey, highlighting key achievements and experiences relevant to the CFO role. This storytelling approach will resonate well with the interviewers and illustrate your communication skills.
✨Showcase Fundraising Experience
Since the role involves preparing for a major investment round, be ready to discuss your previous experiences with fundraising. Highlight specific rounds you've led or participated in, the strategies you employed, and the outcomes. This will demonstrate your capability to support The Profs in their upcoming fundraising efforts.