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Chief Financial Officer CFO

Company: OncoPep, Inc.
Location: Cambridge
Posted on: January 12, 2022

Job Description:

Company Summary:
OncoPep Inc, is an early clinical stage biotechnology company focused on developing immunotherapeutics, specifically peptide-based cancer vaccines for the treatment of cancer. The Company's lead drug candidate is PVX-410, an HLA restricted, multi-peptide vaccine targeting the tumor associated antigens XBP1, CD138 and CS1 (SLAMF7). These antigens are highly overexpressed in Multiple Myeloma and several solid tumor cancers (breast, prostate, colon, and pancreatic). A phase 1b combination study evaluating PVX-410 with and without lenalidomide in the primary clinical target, moderate/high risk for progression smoldering myeloma has been completed. The data indicated vaccine specific and durable immune response as a monotherapy along with minor clinical responses in the combination arm. The current clinical development program includes a phase 1b, investigator sponsored study evaluating PVX-410 in combination with citarinostat (an investigational HDAC inhibitor, Celgene, Inc.) for moderate/high risk smoldering myeloma and two on-going, phase 1b investigator sponsored studies evaluating PVX-410 in combination with checkpoint antibodies in adjuvant and metastatic triple negative breast cancer. The Company is building a pipeline of additional immunotherapeutic candidates including an adoptive T cell product for the treatment of early relapse multiple myeloma and will soon announce a license with a new mini-protein design company.
Job Description:
This position will support the expansion of the Company's operations in the US and S. Korea. The CFO will be a strategic financial leader and partner to the CEO, executive team and Board of Directors on all matters relating to the financial, accounting and business development activities of OncoPep. The CFO will play a critical role in driving the future of the Company and will be a visible strategic leader, building a high-performance team that will execute the Company's vision for growth. This position has the potential to be a successor to the President of the organization going forward.Key Responsibilities:Support Business Development Strategy and Execution--- Strategically partner with the CEO, providing insight and counsel to drive corporate strategy, allocate resources effectively, and position OncoPep for growth.--- Business development to support the company's plan to go public on the Korean stock exchange at the end of 2022.--- High visibility IPO transaction in Korea with the current support of well established and highly respected Korean institutions.--- Provide analytical and planning support to enable development and achievement of performance targets. Lead benchmarking and opportunity assessment.--- Support the CEO in fundraising by developing financial models, diligence materials and reports on key operating metrics.--- Effectively manage working capital and control the cash flow position.Corporate Development/M&A--- Lead and evaluate from a financial perspective, all joint venture and operating company prospects as well as structure partnering and collaboration agreements.--- Oversee investment activity including identification, due diligence, valuation, contract strategy and negotiations.--- Post IPO will be the point person for capital allocation to build out the portfolio of products and pipeline as well as corporate development and product acquisition to augment the company's current portfolio.Proactively Lead Performance Management--- Establish clear and credible reporting and forecasting metrics.--- Track and report performance against targets and variance analysis.--- Develop and implement oversight and compensation incentive structures for executive leadership.

Financial Stewardship and Reporting--- Ensures the company's compliance with all applicable laws, rules, regulations, and standards via US and Korean standards.--- Ensure compliance with financial regulations and standards, such as Sarbanes-Oxley, IRS Tax code, K-IFRS/IFRS and GAAP.--- Responsible for business development and allocation of capital.--- Have significant expertise in structuring internal controls, compliance with financial regulations & standards, upgrading systems, evaluating risk, and managing US and international tax implications.--- Safeguard company assets with prudent balance sheet management. Understand the company's liabilities-legal contracts, statutory & tax obligations, leases, etc.--- Establish and execute programs for the provision of capital required by the company, including negotiating the procurement of debt and equity capital and maintaining the required financial requirements.--- Serves as the company's representative to the board of directors, shareholders, employees, customers, the government, and the public.--- Analyze shareholder relations policies, procedures, and information programs including the annual and interim reports to shareholders and the Board of Directors.--- Coordinate annual financial audits.Profile--- 15+ years of finance leadership experience in a biotech environment, prior experience as a CFO or SVP Finance is preferred.--- Experience "taking a company public" is a requirement. Experience with international public markets, specifically KOSDAQ is a plus.--- Ability to effectively work with executive leadership and cross-functional teams.--- Excellent managerial and financial skills and the ability to take leadership over any business operations area.--- Superlative communication skills, particularly the ability to communicate as a leader.--- Bachelor's degree in finance, accounting, or related filed; CPA, MBA, or MA/MS is strongly preferred.
Work Environment: This could be a hybrid role and virtual at times, as well as onsite. This requires the senior team to be independent, highly communicative, flexible, hands on and willing to tackle multi-disciplinary challenges. Willingness and ability to travel domestically and internationally is required, it is anticipated that this will be 10 % of work time.
Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The above job description is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will follow any other instructions, and perform any other related duties, as assigned by their supervisor.
EEO & EMPLOYMENT ELIGIBILITY
OncoPep is committed to equal opportunity in the terms and conditions of employment for all employees and job applicants without regard to race, color, religion, sex, sexual orientation, age, gender identity or gender expression, national origin, disability or veteran status. OncoPep also complies with all applicable national, state and local laws governing nondiscrimination in employment as well as work authorization and employment eligibility verification requirements of applicable law.

Keywords: OncoPep, Inc., Cambridge , Chief Financial Officer CFO, Accounting, Auditing , Cambridge, Massachusetts

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