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Chief Financial Officer

Clara Foods

Clara Foods

Accounting & Finance
Daly City, CA, USA
Posted on Tuesday, July 11, 2023

About us

EVERY™, based in Daly City, is a leading VC-backed food tech ingredient company using precision fermentation to create animal proteins without the animal for the global food and beverage industry. Originally founded as Clara Foods in 2014, EVERY™ rebranded in 2021 to better convey its vision to bring animal-free proteins to everyone, everywhere. EVERY™ is a team of passionate change makers who are reimagining the factory farm model with a kinder, more sustainable alternative. Leveraging precision fermentation to produce hyper-functional and one-to-one replacement proteins from microorganisms, EVERY™ is on a mission to decouple the world’s proteins from the animals that make them.

We are a passionate, determined, (and fun!) team with a vital objective, and we're on the lookout for like-minded people to join our mission. Sound like you?

About The Role:

EVERY is seeking a highly experienced financial leader to be the Chief Financial Officer (CFO) to lead the company's financial strategy and report directly to the CEO. The ideal candidate will have a strong financial background, experience in deal-making, and familiarity with various financing opportunities throughout a company's growth stages. They should also have knowledge of the investing ecosystem, experience with capital-intensive businesses, and awareness of government funding, incentives, and other financing opportunities. The successful candidate will align with EVERY's core values [link] and have demonstrated high intellectual horsepower and proven creative problem-solving capabilities.

Responsibilities:

  • Develop and implement EVERY's financial strategy, including the associated short and long-term forecasting
  • Lead Series D/E fundraising efforts and collaborate with key stakeholders
  • Secure funding from various sources, including institutional investors, climate funds, debt providers, etc., and develop relationships with investment banks as needed
  • Pursue funding and incentives from foundations, development banks, and government sources
  • Source, negotiate, and structure deals across business development, M&A, and fundraising
  • Lead joint ventures and/or acquisitions with relevant industry partners
  • Identify financing opportunities and capital sources for growth, including knowledge of IPO’s and required company readiness
  • Maintain and develop a robust internal financial control environment
  • Manage the cash flow of the business, including overseeing cash balances, investments and ensuring adequate liquidity
  • Oversee preparation and presentation of GAAP-compliant financial statements to all stakeholders, including investors, board members, and other third parties

Experience (MUST HAVES):

  • Strong financial background (Strategic Finance)
  • Experience in deal-making (Business Development, M&A, Fundraising)
  • Relationships with financial institutions
  • Familiarity with joint ventures, special purpose vehicles, and deal structures
  • Proven success in fundraising and closing significant deals
  • Knowledge of the investing ecosystem and key players
  • Experience with capital-intensive businesses and key investment targets
  • Proven ability to manage accounting and finance teams
  • Familiarity with government funding and incentives

Experience (NICE TO HAVES)

  • IPO readiness experience, including SOX compliance
  • Experience taking companies public
  • Background in food/ingredients and biotechnology
  • Mission-driven experience
  • Familiarity with leveraging government incentives and subsidies

What EVERY™ offers for Full-Time Positions:

  • Generous benefits package; 100% medical, dental, and vision employee coverage, 401k matching, and stock
  • Optional benefits; FSA, HSA, Pet Care, and additional life insurance
  • Flexible PTO and 14 paid company holidays per year
  • Parental Leave: 10 weeks of parental leave and 6 weeks of childbirth leave
  • Free parking, unlimited gym access, lounge, mini-golf patio, yoga and fitness classes onsite
  • Unlimited supply of sparkling water, granola bars, snacks, local coffee, and tea
  • Weekly virtual happy hours & lunches
  • Monthly all-hands meetings and 1:1 with the CEO and leadership
  • Close to Daly City BART and CalTrain stations, including free shuttle service

Pay Range: $300,000 - $395,000

At EVERY™ pay ranges are subject to change and assigned to a job based on the location specific market median of similar jobs according to 3rd party salary benchmark surveys. Individual pay within that range can vary for several reasons including skills/capabilities, experience, and available budget.

Dedication to Diversity

EVERY is dedicated to building a diverse and inclusive work environment. We want our workplace to enable productivity and meaningful work for individuals from all backgrounds, experiences, and lifestyles, allowing all employees to feel comfortable being their true, authentic selves at work.

Legal authorization to work in the U.S. is required. We are not able to sponsor individuals for employment visas for this job. In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.

Proof of full COVID-19 vaccination is a condition of employment, subject to accommodation as required by law. CDC defines fully vaccinated as: 2 weeks after your second dose in a 2-dose series, such as the Pfzier or Moderna vaccines, or 2 weeks after a single-dose vaccine, such as Johnson & Johnson's Janssen vaccine.