Early-stage life sciences company in pre-revenue phase wanted to:
1
Stand up finance and accounting operations
2
Secure fractional executive finance leadership (CFO, Controller)
3
Establish core infrastructure: IT, controls, and investor reporting
Approach
Monomoy deployed resources from its Interim Finance practice to:
- Provide fractional CFO and interim controller support
- Manage outsourced accounting, books and records, and financial operations
- Support core IT systems selection, real estate negotiation, and Carta setup
- Build internal control environment, budgets, and long-range financial plans
Results
The engagement provided executive and operational finance leadership to founding teams, establishing financial operations, reporting, and investor communications from the ground up. Core IT systems and operational partnerships were put in place to support initial business activities, providing the client with the infrastructure needed to operate with confidence from day one.