Note: The job is a remote job and is open to candidates in USA. Loyal is a clinical-stage veterinary medicine company developing longevity drugs for dogs. They are seeking a Vice President of Finance to build and lead the company's finance and accounting infrastructure, driving the overall capital strategy and establishing the financial foundation necessary for commercialization.
Responsibilities
- Own the close, the books, and the company's first audit, and stand up the accounting infrastructure required to operate as a revenue-generating business
- Commercial accounting infrastructure ahead of launch: inventory and COGS tracking, revenue recognition, gross-to-net reserves, and gross margin reporting
- Internal financial controls — purchase order requirements, contract approval workflows, segregation of duties — documented for audit readiness and pre-IPO scrutiny
- Multi-state payroll with equity compensation tracked correctly
- Own the numbers behind every major decision Loyal makes, from program prioritization to fundraising timing
- Integrated P&L, balance sheet, and cash flow model across pipeline programs, milestone timelines, and capital deployment scenarios
- Long-range financial plan
- Rolling cash runway model linked to program spend, headcount, and financing events
- Program valuation to support portfolio prioritization, partnering discussions, and Board capital allocation reviews
- Evaluate and implement an FP&A platform, integrated with QBO and providing department-level visibility
- Quarterly board finance package plus regular updates to executive leadership and the board
- Shape Loyal's capital strategy with the CEO and board (timing, structure, mix of equity, debt, and non-dilutive financing)
- Populate data rooms, respond to investor and lender diligence, and prepare financial packages for capital partners
- Support venture debt facilities and future financing events
- Steward the company's capital base and support the deals that shape its future
- Treasury and cash management
- Equity administration and the cap table
- Contract processing workflows, contract repository, and outside counsel relationships
- Vendor management and compliance filings
- Insurance portfolio — D&O, clinical trial liability, product liability, general coverage - reviewed annually and updated at financing events and ahead of commercial launch
- Build the team and tooling that will carry Loyal into its next stage
Skills
- 10–15 years of progressive finance experience, with at least 5 years in biotech, pharma, or life sciences or another R&D heavy business that builds value by achieving technical milestones. Biotech experience is preferred
- You bring discipline to milestone-based capital allocation. You can connect spend to scientific, regulatory, and commercial inflection points, frame the trade-offs clearly, and help leadership decide where to lean in and where to hold
- You are low ego, high integrity, and a clear and concise communicator
- You actively embrace and seek opportunities to leverage AI and automation tools to streamline financial processes and build a cutting-edge, efficient finance infrastructure
- You can present financial results, variance narratives, and capital strategy clearly to a board audience. Your written and verbal communication is precise and direct
- You have managed people and built teams. You set clear expectations, hold people accountable, and develop talent
- You work fluidly across functions — with research and manufacturing stakeholders, program managers, and outside advisors. You earn credibility by knowing the business, not just the numbers
- You operate with a high degree of autonomy and will be able to thrive reporting into a non-finance executive (CEO or COO)
- Experience supporting a first commercial launch and establishing the financial infrastructure for a revenue-generating operation
- Experience at a company that completed an IPO and leading VC fundraises
- Familiarity with veterinary or animal health regulatory and commercial dynamics
Benefits
- Full-coverage health insurance — medical, dental and vision — for you and your dependents
- $1,000 home office equipment stipend
- $1,200/year learning budget for books, courses, etc.
- $250/month wellness budget for gym, cleaners, spa, food, etc.
- All 3-day weekends are turned into 4-day weekends 🎉
- Unlimited vacation and paid holidays
- Paw-ternity leave — adopt a dog and get a day off with your new family member 🐶
- Competitive salary
- Company equity options grant for new hires
Company Overview