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 a dynamic work environment with opportunities for growth and collaboration.
- Other info: Work closely with top-tier clients like Cambridge and Oxford.
- Why this job: Be part of a mission-driven team making a real impact on students' futures.
- Qualifications: Must have experience as CFO or Finance Director in a growth-stage business.
The predicted salary is between 72000 - 108000 € 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. 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.
- Build 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.
Qualifications and Experience:
- 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.
StudySmarter Expert Advice🤫
We think this is how you could land Fractional CFO (London)
✨Tip Number 1
Network with professionals in the EdTech and finance sectors. Attend industry events, webinars, or local meetups to connect with individuals who may have insights into The Profs and their hiring process.
✨Tip Number 2
Familiarise yourself with The Profs' business model and recent achievements. Understanding their unique position in the market will help you articulate how your experience aligns with their goals during any discussions.
✨Tip Number 3
Prepare to discuss your previous fundraising experiences in detail. Be ready to share specific examples of how you've successfully navigated investor rounds, as this will be crucial for the role.
✨Tip Number 4
Showcase your strategic thinking by developing a mock financial model or business strategy relevant to The Profs. This proactive approach can demonstrate your capability and enthusiasm for the role.
We think you need these skills to ace Fractional CFO (London)
Some tips for your application 🫡
Understand the Role:Before applying, make sure you fully understand the responsibilities and qualifications required for the Fractional CFO position. Tailor your application to highlight relevant experience in financial modelling and fundraising.
Craft a Compelling CV:Your CV should clearly outline your previous roles as a CFO or Finance Director, focusing on achievements in growth-stage businesses. Use quantifiable metrics to demonstrate your success in fundraising and strategic planning.
Write a Strong Cover Letter:In your cover letter, explain why you are a great fit for The Profs. Highlight your experience with investor fundraising rounds and your ability to communicate complex financial narratives effectively.
Proofread Your Application:Before submitting, carefully proofread your CV and cover letter for any errors. A polished application reflects your attention to detail, which is crucial for a finance 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 growth story, their achievements, and how they position themselves in the EdTech market. This will help you align your answers with their goals.
✨Prepare Financial Models
Given the role's focus on financial forecasting and modelling, come prepared with examples of financial models you've created in the past. Be ready to discuss how these models contributed to strategic decisions and fundraising efforts.
✨Showcase Your Fundraising Experience
Highlight your experience with investor fundraising rounds, especially in growth-stage companies. Be specific about the strategies you employed and the outcomes achieved. This will demonstrate your capability to support The Profs in their upcoming investment round.
✨Communicate Clearly and Confidently
Strong communication skills are essential for this role. Practice articulating complex financial concepts in a simple manner. During the interview, ensure you convey your ideas clearly, as this will resonate well with the founders and potential investors.
