Cryoport Systems is the life science industry’s most trusted provider of supply chain solutions for temperature-sensitive materials, serving biopharmaceutical, IVF and surrogacy and animal health organizations around the world. Cryoport Systems' proprietary Cryoport Express® shippers, Cryoportal® Logistics Management Platform, leading-edge Smartpak™ Condition Monitoring System and geo-sensing technology paired with unparalleled logistics expertise and 24/7/365 customer support, make Cryoport Systems the end-to-end temperature controlled supply chain partner that you can trust.
Position Summary:
Reporting directly to the Chief Executive Officer of Cryoport Systems with dotted-line reporting to the Corporate CFO of Cryoport, Inc., the parent company, the Chief Financial Officer of Cryoport Systems is responsible for leading the financial strategy, budgeting and forecasting, reporting within Cryoport Systems and to Cryoport Inc., as well as driving continuous financial improvement projects and efficiencies related to financial processes and profitability. This role will oversee treasury and cash management, evaluate acquisitions, and lead integration activities, while managing all global accounting operations for Cryoport Systems.
The CFO will work closely with the CEO and the executive leadership team to provide strategic financial leadership and proactive analysis of business results against goals and KPIs and develop and implement related action plans. The CFO will also ensure that all accounting procedures and reporting conform to Generally Accepted Accounting Principles (US GAAP), Securities and Exchange Commission (SEC) regulations, and that robust internal controls over financial reporting (SOX) are in place globally and are continuously improved.
This position requires experience in high-growth, global environments, working in fast-growth, high demand businesses, particularly in publicly traded companies, with strong expertise in financial strategy, operational efficiency, and regulatory compliance. The ideal candidate will bring strong leadership, deep technical accounting knowledge, and a proactive approach to managing financial operations across global markets, including those driven by both organic growth and acquisitions. Experience as CFO in a public, global company is desirable.
PRIMARY RESPONSIBILITIES (include But Are Not Limited To):
- Provide financial strategy, guidance and oversight.
- Work with the CEO and entire executive team to develop strategy, plan, forecast and track financial performance and identify corrective measures proactively to drive revenue growth, organizational efficiencies, and profitability, as necessary.
- Through planning and analysis, responsible for the following: o Recommendations on methods to improve revenue capture, margin expansion and overall business performance o Income statement forecasting on a quarterly basis
- Planning, development and implementation of financial policies and procedures
- Establish and maintain appropriate analytical tools and reporting to ensure effective, efficient management of resources o Ad hoc analysis as needed
- Departmental and geographic financial reporting
- Analyze the operating results versus approved plans and objectives, and provide standardized reporting/analysis for the following: Develop and measure profitability analysis by business unit, product and/or service and location; Analyze new opportunities; Strategic financial analysis and recommendations; Develop strategic recommendations for divisional allocations
- Develop and implement a robust, results-oriented cost accounting function to margin and pricing analysis and decisions.
- Provide internal management reporting and analysis to executive management, relevant business units.
- Provide accurate reporting and disclosures to the parent company for SEC reporting purposes.
- Ensure compliance with the Sarbanes-Oxley Act (SOX), including maintaining and testing internal controls over financial reporting. Implement process improvements to strengthen the company’s control environment. Coordinate with external auditors and internal teams to facilitate SOX audits. Responsible for the strategic planning process linking financial performance with outcomes (ROI) for all strategic initiatives and projects.
- Contract review and negotiations of contracts, strategic relationships and acquisitions, ensuring financial terms align with company strategy and goals.
- Collaborates effectively with other business units within the Cryoport family of companies to drive revenue and cost synergies.
- Drive automation and minimize errors in financial processes, invoicing, and ensure revenue capture is a key objective.
- Work with key departmental leaders on efficient capital acquisition and cost management.
- Serve as liaison relative to all financial issues
COMPETENCIES & PERSONAL ATTRIBUTES:
- A well-rounded CFO with the ability to go beyond the numbers to discern meaningful insights and identify the broad business implications of global, operational decisions and their alignment to strategic imperatives.
- Extensive experience leading teams to include effective allocation of resources, positive employee engagement and performance management.
- Direct experience as a finance partner supporting diverse, global business operations.
- Comprehensive knowledge of all finance, financial planning, accounting, financial reporting and tax areas of a business; thorough knowledge of SEC and IRS reporting requirements as well as SOX compliance.
- Passion for, and alignment with, Cryoport’s mission and values.
- A change agent and strong collaborator who is not afraid of challenging status quo.
- An individual who brings strong core values, quality, ethics, and integrity.
- A collaborative team player who champions our culture.
- Strong work ethic and ability to deliver results and meet commitments in a dynamic environment.
- Exceptional and dynamic communications skills with the ability to inspire and influence people at all levels, build consensus and commitment, and effectively drive change throughout the organization at a rate that fits the corporate culture.
- Exceptional organizational and planning skills, strong analytical abilities, and process orientation.
- Demonstrates a business process orientation to developing solutions.
- Leads by example.
Qualifications And Education Requirements:
- Seasoned finance leader with 15-20 years of progressive professional experience and a proven track record of building and sustaining solid relationships with senior operating executives.
- A bachelor’s degree in Accounting / Finance and CPA certification is required;
- Master’s degree preferred.
- Experience as CFO in a public, global company is desirable; public, global company experience is required.
- Experience in life sciences tools, services and/or logistics services is desirable.
