CFO – Quantum Computing

Quandela is a European startup that provides photonic quantum computers that are modular, scalable, energy-efficient, and accessible both on the cloud and on premise. Our team specializes in the development of both software and hardware solutions for a variety of quantum applications. We offer a wide range of services, from developing the most efficient and brightest single photon sources to creating algorithms for quantum computers and providing cloud quantum computing solutions.

Reporting to the CEO and working closely with the COO, the CFO will take key responsibilities and manage the financials of the company in all its aspects, from cash flow, planning, reports, and dashboards, helping to drive the company’s financials and articulating Quandela’s vision to different stakeholders. The CFO will have a day-to-day, ongoing impact on company operations, helping the company to analyze, strategize, and grow its financial position.

As a member of senior management, the CFO will be comfortable in a leadership role that requires clear and effective communication skills, the highest standards of personal discipline, integrity, humility, and ethics. They are recognized for their results orientation, proven execution capability, and leadership with a wide perspective from financial strategy to operation.

• Co-develop the strategic financial plan for scaling while building out the company’s financial infrastructure (including international subsidiaries) and processes in collaboration with business, product, and R&D teams.
• Move the organization away from bean-counting and toward more strategic financial planning.
• Ensure that cash flow is compatible with the company’s plans; build and oversee the dashboard and reports.
• Share insight and analysis across the management team and down into the organization so that decisions are made using sound financial data.
• Secure loans and capital from the right financial partners.
• Assist in the preparation of financial reports and review, as their communication with the board of directors.

In a nutshell, the CFO is responsible for tracking cash flow, financial planning, analyzing the company’s financial strengths and weaknesses, and proposing strategic directions.

• Drive the company’s financial planning and build a model that projects performance into the future.
• Work with senior managers to efficiently develop budget proposals, provide access to project finance information, and ensure contract/grant compliance and reporting.
• Track performance over time, constantly research opportunities and economic trends, and analyze internal operations to suggest improvements to performance.

• Perform risk management through analysis of company liabilities and investments, evaluate and manage capital structure assisting in fundraising initiatives.

• Help the company get the capital they need to endure and thrive.
• Optimize the mix of capital between equity and debt where relevant.
• Manage the company’s investor base.

• Ensure the company has accurate financial metrics.
• Monitor business performance with tracking tools, establish corrective measures as needed, and prepare detailed reports for earnings calls, the management team, and the rest of the company.

• B.E./B.Tech/M.E./M.Tech/MBA or any other post-graduate qualification from a reputed institute in business accounting or finance.
• Proven track record in deeptech or comparable markets & in a scale-up is very appreciated.
• Demonstrated experience in managing financials, from day-to-day operations to long-term plans.
• A diverse, dynamic, challenging, international team and environment.
• All means necessary to carry out high-impact projects.