Chief Financial Officer (CFO)

Job description

Vitestro is a pre-revenue medical robotics company. We have worked since end of 2017 on a breakthrough medical device, which combines state of the art robotics and AI. With this device we can grasp a global market opportunity, touching the lives of a billion patients in the next decade.


We are treading down a path where not many people have gone before, breaking through technology, clinical and market barriers, all at the same time. We are ambitious, and strongly believe that we have only just started. Technology lies at our core: our multidisciplinary team primarily consists of highly specialized hardware and software engineers. We also have our own medical team, driving clinical trials together with our clinical partners. Our team has grown to over 30 people in the last couple of years.

We now have a unique opportunity for a Chief Financial Officer (CFO) to join our team at this exciting stage.
As our CFO, you will join the management of Vitestro. You will have a key role in one of the most promising scale-ups in The Netherlands. We need a go getter who will be responsible for all financials including fundraising (dilutive and non-dilutive). You will be part of strategic decisions which are important for the success of the company. 


Responsibilities

As CFO you will be responsible for all daily activities related to the financials. You will keep track of all grants and (financial) reporting for government/EU and WBSO. Our financials are largely outsourced to our external accountant, you will be the first point of contact.

Additional responsibilities are insurances and office IT, the latter one is also outsourced to a third party.


Secondly, you will work closely together with the founders on the strategy of the company. This includes:

  • Pricing strategy
  • Go-to-market strategy
  • ERP selection
  • Manufacturing strategy
  • Business case

Thirdly, you will be the driving force of the subsequent investment rounds. You will prepare all investment documentation together with the founders and lead the whole process from start to end together with our financial advisors and lawyers.

Last but not least, you will manage external suppliers on costs & timelines and you will be closely involved in supplier negotiations including formalization in legal agreements.

You will have one direct report, which is our HR, finance and office manager. This team will grow over time.

Job requirements

As our ideal candidate: 

  • You are a strong negotiator with the ability to be strict: you don’t fear confrontations when required
  • You focus on detail and possess a zero defect mindset
  • You have exceptional problem-solving skills. Persistence is key, you continue until you get the job done.
  • You are eager to learn and have an affinity with technology, you will have to understand the fundamentals of our product
  • You are intrinsically motivated, willing to work hard and you go the extra mile for your team. You have the sense of urgency that is required for bringing our breakthrough product to the market successfully. This is reflected in your ability to deliver on deadlines. 
  • You have an entrepreneurial mindset

What is your must-have background / skillset?

  • >10 years relevant working experience
  • Demonstrated experience in fundraising
  • Demonstrated experience in setting up legal agreements
  • Fluent in English
  • Full-time available

What is your nice-to-have background / skillset?

  • Previous experience as a CFO
  • Banking, M&A and/or venture capital background
  • Master’s degree (WO) or equivalent
  • Fluent in Dutch (required for subsidy reporting)

What do we offer?

  • P&L responsibility of a 30-man company
  • Competitive salary including pension plan
  • Stock option package, to become co-owner in a fast-growing company
  • An inspiring working environment: 
    • Work with driven and talented colleagues, that love to realize breakthroughs
    • Experience our open culture, where direct feedback is strongly encouraged
    • Focus on team play, including frequent out-of-work activities (such as ski-trips)

What do you need to know before applying?

We need a go-getter who enjoys solving one of the toughest challenges. This leadership position is demanding and requires your full focus. Regular overtime comes with the job. You will be compensated accordingly including stock option package. Note: this means that if you are looking for a 9 to 5 job, we do not see a match.

For questions please contact Luuk Giesen at luuk.giesen@vitestro.com. 

For recruitment agencies – no thank you.