At a Glance
- Tasks: Lead financial operations and ensure accurate, reliable financial data for a growing biotech company.
- Company: Join Abselion, a dynamic team revolutionising protein research with innovative technology.
- Benefits: Competitive salary, share options, and a fast-paced work environment.
- Other info: Be part of a collaborative team that values your ideas and passion.
- Why this job: Make a real impact in life sciences while working with cutting-edge technology.
- Qualifications: Qualified accountant with hands-on finance experience in a start-up or scale-up environment.
The predicted salary is between 90000 - 110000 £ per year.
About Abselion
At Abselion we are on a mission to revolutionise protein research. Our vision is to empower scientists to focus on discovery and innovation, not tedious manual tasks. We have created Amperia, a compact, affordable benchtop solution designed to simplify protein research for everyone. Amperia helps researchers to develop the medicine of the future, find the best ways to produce novel biomolecules, and ensure that medicine is always safe and efficacious.
We are a dynamic, interdisciplinary team working at the intersection of biotechnology and engineering. We value a flat hierarchy, where everyone is encouraged to share their ideas and follow their passion. We are supported by some of the leading investors and companies in the biopharmaceutical industry.
Role Overview
The VP Finance is a senior, hands-on role responsible for ensuring that the company's financial operations run reliably, accurately, and predictably, while also providing executive operational leverage across the business.
In the first 6 months, the priority is stabilising and upgrading the finance function: close, cash visibility, AR/AP cadence, controls and board reporting, with increasing readiness for audit and future fundraising. Alongside finance, the role takes ownership of a set of executive responsibilities related to commercial operations.
Key Responsibilities
- Financial Operations
- Own the reliable day-to-day execution of the company's finances and ensure financial data is accurate, timely and trustworthy.
- Oversee the full accounting cycle in collaboration with external accountants, including reconciliations, month-end close and management accounts.
- Invoicing, billing and collections to ensure timely and accurate cash inflow.
- Manage banking operations, payment runs and short-term cashflow visibility.
- Incrementally improve finance and operational processes, controls and documentation as the company scales.
- Commercial & Operations Finance
- Own and improve end-to-end order-to-cash and procure-to-pay workflows across Commercial, Operations and Finance.
- Oversee purchasing workflows, invoice matching and spend control.
- Customer orders, delivery confirmation, invoicing and collections.
- Work closely with Commercial to ensure ERP and CRM data supports accurate billing, forecasting and reporting.
- Support logistics, fulfilment and internal handovers between sales, operations, production and finance.
- Identify and resolve friction points in commercial and operational execution.
- Reporting
- Build the financial foundations required for a growing manufacturing and consumables business, with increasing readiness for scale and future investment.
- Support inventory, BOMs, COGS and gross margin tracking for instruments and consumables.
- Produce budget vs actual analysis, forecasts and cash runway views.
- Provide clear finance inputs for board reporting.
- Prepare and maintain robust financial models, forecasts and scenario analyses to support future fundraising.
- Ensure financial data, reporting and processes are audit ready, and coordinate external auditors as required.
- Support grants, R&D tax credits and funder reporting where applicable.
- Executive Operations
- Provide operational leverage to the leadership team by owning cross-functional initiatives and corporate administration that sit outside any single functional lead.
- Lead set-up and ongoing administration of International subsidiaries, including timelines, budgets, banking and payroll readiness and baseline compliance.
- Own the company compliance calendar and corporate housekeeping.
- Fundraising Readiness
- Support fundraising, diligence and investor reporting with high-quality financial materials and narratives.
- Maintain an investor-grade financial model, scenarios and use-of-funds planning.
- Prepare finance elements of data room and diligence packs and support investor Q&A.
- Support equity and option administration readiness in coordination with external specialists where required.
Experience & Skills
Essential
- Qualified accountant (ACA / ACCA / CIMA) or equivalent hands-on experience.
- Significant experience in execution-heavy finance roles (Financial Controller, Head of Finance, Senior Accountant or similar).
- Hands-on capability across reconciliations, invoicing, AP/AR, cashflow and month-end close.
- Experience operating in a venture-backed start-up or scale-up environment, including board reporting, runway planning and diligence readiness.
- Proven ability to run cross-functional operational projects.
- Comfortable working closely with operations, production and commercial teams.
- Clear communicator with non-finance stakeholders.
Desirable
- Experience in manufacturing/cost accounting, hardware or consumables-based businesses.
- Exposure to inventory, BOMs, COGS and margin analysis.
- Experience supporting order-to-cash and procure-to-pay processes.
- Experience supporting grants, funder reporting or R&D tax credits.
- Familiarity with ERP, CRM and operational systems that interface with finance.
- Exposure to UK and US cross-border operations is preferred.
- Experience supporting fundraising processes and investor diligence.
What we offer
- Dynamic and fast-paced work environment in a rapidly expanding company.
- Be part of a step-change in life science instrumentation.
- Working on cutting-edge technology at the intersection of biology, engineering, and data science.
- Share option scheme.
- Base salary £90,000 - £110,000 per annum.
- Most important of all, join a great team!
Start date: Immediate
Location: The role is on-site located in Cambridge, UK.
Application process: First stage: Video or phone call; Second stage: Face to Face Technical interview.
How to apply: Please fill in the application form on our Careers page and attach your CV in PDF format. We look forward to receiving your application.
VP of Finance in Ely employer: Abselion
Contact Detail:
Abselion Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VP of Finance in Ely
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who might know someone at Abselion. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for the interview by diving deep into Abselion’s mission and values. Show us how your experience aligns with their vision of revolutionising protein research. Tailor your answers to reflect their focus on innovation and teamwork.
✨Tip Number 3
Don’t just talk numbers; share stories! When discussing your past experiences, use specific examples that highlight your hands-on capabilities in finance and operations. We love hearing about real-life challenges you’ve tackled.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining our dynamic team at Abselion. Let’s make this happen!
We think you need these skills to ace VP of Finance in Ely
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the VP of Finance role. Highlight your relevant experience in financial operations, commercial finance, and any hands-on roles you've had. We want to see how your skills align with our mission at Abselion!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about protein research and how your background makes you a perfect fit for our team. Let us know what excites you about the role and our company.
Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to improve financial processes and support fundraising efforts. Numbers speak volumes, so include metrics where possible to back up your claims!
Apply Through Our Website: We encourage you to apply through our Careers page. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our culture and values!
How to prepare for a job interview at Abselion
✨Know Your Numbers
As a VP of Finance, you'll need to demonstrate your financial acumen. Brush up on key financial metrics relevant to Abselion's operations, such as cash flow management and budget forecasting. Be ready to discuss how you've improved financial processes in previous roles.
✨Understand the Business Model
Familiarise yourself with Abselion's mission and how their product, Amperia, fits into the protein research landscape. Show that you understand the intersection of finance and biotechnology, and be prepared to discuss how you can support their growth through strategic financial planning.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Think about challenges you've faced in finance roles, especially in start-up environments, and prepare to explain how you navigated those situations. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Showcase Cross-Functional Collaboration
Highlight your experience working with different teams, especially in commercial and operational settings. Be ready to share examples of how you've facilitated communication between finance and other departments, ensuring smooth workflows and accurate reporting. This will demonstrate your ability to provide operational leverage to the leadership team.