Chief Financial Officer

About The Role

Time commitment: 1 day per week, rising to 2 days per week after 6 months

Salary: Competitive, plus options.

Closing date: 25 August 2025

Neuranics is a fast-growing fabless semiconductor company pioneering the future of magnetic sensing solutions. Based in Glasgow, we are developing cutting-edge Tunnelling Magnetoresistance (TMR) sensors that are enabling the next generation of wearables, XR, and advanced human-machine interaction.

As we push the boundaries of magnetic sensing, this role offers the opportunity to work on real innovations that will shape the future of sensing. You’ll be part of a fast-moving team developing technology that is unlocking new possibilities for next-generation devices, working closely with Tier 1 consumer electronics and semiconductor companies. This is a chance to make a real impact, tackling challenges and driving breakthrough solutions in exciting and rapidly evolving markets.

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Job Summary

As a Fractional Chief Financial Officer, you will lead the company’s financial strategy to support our ambitious growth plans. This strategic role, initially one day per week, will focus on big-picture financial leadership, helping map out dynamic financial models, scenario-based forecasts, and capital plans aligned with our key milestones and funding strategy. The successful candidate will bring a proven track record for preparing and managing investor due diligence, supporting successful Series A+ rounds, and overseeing M&A or exit processes. You will guide spending decisions across R&D, operations and commercial development, helping the executive team align burn rate and headcount with milestone-based fundraising.

This role includes supporting investor relations, producing monthly P&L and balance sheets, managing government returns (PAYE, VAT, ERS filings), and streamlining board/investor reporting. Familiarity with EMI share schemes, company bonus plans, technology licensing agreements and revenue recognition is essential, as is experience securing public R&D funding (e.g. from SE, Innovate UK or Horizon).

You will attend the office a few times per month, working closely with the C-suite and management team on strategic planning, international growth considerations, funding, maximising IP portfolio and increasing shareholder value.

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Key Responsibilities

• Build and maintain robust, scenario-based financial forecasts aligned with Neuranics’ strategic milestones and growth plan.
• Support in the preparation of Series A+ funding rounds, including financial due diligence, investor Q&A, and capital planning for milestone-based raises.
• Advise on aligning operational spend with funding stages to support sustainable, scalable growth.
• Deliver accurate P&L, balance sheets, and cash flow reports, ensuring visibility of company performance to leadership and investors.
• Oversee government returns including PAYE, VAT, ERS, and Companies House filings, ensuring regulatory compliance.
• Lead or support applications for R&D grants, track claims, and liaise with funding bodies.
• Administer EMI share option schemes and company bonus plans to support talent retention and company alignment.
• Provide oversight of technology licensing agreements, commercial insurance considerations, and revenue recognition models.
• Partner with leadership team to shape strategic financial decisions that enhance company and shareholder value.

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Minimum Requirements

• Minimum 10 years’ CFO experience in a high-growth technology company.
• Direct experience securing Series A or later-stage investment rounds with hands-on involvement in investor due diligence and negotiations.
• Demonstrated success in preparing for and completing mergers, acquisitions, or company exits, with a strong understanding of maximising exit valuation.
• Successful track record securing and managing UK or EU R&D grant funding.
• Based in Scotland, with the ability to attend in-person meetings in the Glasgow office a few times per month.
• Experience managing and administering EMI share option schemes and company bonus schemes.
• Familiarity with funding bodies (eg. Scottish Enterprise, Innovate UK, Horizon Europe).

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Desirable

• Strong connections with corporate VCs in Europe and USA with an understanding of their technology investment strategy.
• Experience in semiconductor purchasing and selling including preparing pricing models to maximise margin.
• Experience with procuring large scale Capital Equipment and securing finance
• Experience working with Tier 1 blue chip customers.
• Ability to prioritise supply chain resiliency and optionality, supporting the creation of robust scenario plans to mitigate risks and improve long-term financial outcomes.

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Why Join Us?

Join a rapidly growing deep-tech company at the forefront of magnetic sensing solutions. At Neuranics, you’ll work on real-world innovations, collaborating with Tier 1 consumer electronics and semiconductor companies to shape the future of wearables, XR, and human-machine interaction.

You’ll be part of a fast-moving, collaborative team, developing groundbreaking technology and pushing the limits of what’s possible in sensing. If you’re looking to make a real impact, contribute to cutting-edge projects, and grow with a company leading the way in innovation, we want to hear from you.

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How to Apply

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