Company Profile
Founded in 2016, MiAlgae applies leading advances in science and technology to improve food security and reduce the impact of humanity on the planet.
The company aims to eliminate reliance on wild-caught fish as a source of Omega-3 by harnessing the potential of microalgae as a sustainable and rich alternative source. MiAlgae’s zero-waste solution recycles co-products from food and drink production to grow Omega-3 rich micro-algae, returning clean water in the process.
We value diversity in our team and thinking and are an equal opportunity and family-friendly employer. We are open to considering a range of flexible working options and patterns with candidates.
Opportunity
Reporting to the Managing Director, you will be responsible for overseeing the entire financial strategy and operations of MiAlgae. You will lead the finance function, supporting strategic decisions that drive business growth while ensuring financial stability and compliance. This role will involve collaborating with the executive team to secure funding for expanding MiAlgae’s production sites, as well as ensuring that financial risks are effectively managed as the company scales.
As Finance Director, you will design and implement financial policies and systems that support the company’s expansion strategy, track financial performance, and ensure the overall financial health of the business. You will also be a key player in fundraising efforts, working to secure both equity and non-dilutive financing to drive MiAlgae’s mission forward.
You will be involved in developing strategic and financial guidance to ensure that the company's financial commitments are met and will develop and implement commercial strategies according to company goals and objectives aiming to accelerate growth.
Duties
Financial Strategy and Planning: Lead the financial planning process, including budgeting, forecasting, and long-term financial strategy, ensuring alignment with MiAlgae’s growth objectives including treasury and general cash management.
Financial Reporting: Oversee the preparation and presentation of accurate financial reports, including balance sheets, income statements, and cash flow statements for internal use and external stakeholders.
Funding and Capital Management: Lead efforts to raise equity and non-dilutive funding, including debt financing, grants, and other innovative financing mechanisms. Ensure the efficient allocation and use of capital to support business expansion.
Risk Management: Identify financial risks and create strategies to mitigate them, ensuring MiAlgae is financially secure as it scales. Maintain a robust internal control environment.
Cost Management: Oversee cost management strategies, ensuring profitability and financial sustainability through effective cost control measures and procurement processes.
Tax and Compliance: Ensure full compliance with all financial regulations and tax obligations. Maintain accurate financial records and lead the relationship with external auditors.
Business Partnering: Act as a strategic advisor to the Managing Director and executive team, providing financial insights and supporting decision-making across the business.
Team Leadership: Build and lead a high-performing finance team, fostering a culture of accountability, integrity, and continuous improvement.
Qualities
As a young, early-stage company we are looking for driven individuals with a flexible approach to work, who are natural problem solvers and thrive in a dynamic start-up environment.
Integrity: Always acting within the company’s interests and promoting the ethics of the company with colleagues wherever possible.
Commitment: Set achievable and realistic targets within reasonable timescales and seek support where required to meet deadlines.
Teamwork: Treat your team equally and fairly with clear and achievable expectations.
Innovate: Encouraging openness and inclusiveness to stimulate ownership and accountability for innovation and growth of business.
Leadership: Lead by example, guiding and coaching to achieve the best from your peer group and reporting structure.
Qualifications and Experience
Proven experience as a Finance Director or senior finance leader, within a high-growth or start-up environment.
Strong understanding of corporate finance, financial planning, and financial risk management. Especially around equity backed organisations.
Experience in fundraising, including both equity and non-dilutive financing (debt, grants, etc.).
Excellent knowledge of financial regulations and corporate tax matters.
Proven experience in managing financial reporting, budgeting, and forecasting processes.
Strong commercial awareness and business acumen, with the ability to align financial strategies with company goals.
BSc/BA in Finance, Economics, Accounting, or relevant field;
Professional accounting qualification (e.g., ACA, ACMA, ICMA, or equivalent).
Excellent communication, interpersonal, and leadership skills.
Culture
MiAlgae is a fast-growing, people-oriented scale-up that strives to deliver company-wide goals through an inclusive and collaborative team approach.
We are a friendly and positive team with a real sense of purpose and pull together to achieve our goals.
Benefits
32 days holiday entitlement.
Additional annual leave per complete year of service – up to 5 additional days.
Flexible working opportunities.
Discretionary performance-based annual bonus programme.
Excellent training – bespoke to you and your development needs.
Cycle to work and electric car schemes.
Holiday purchase scheme
Free parking on site.
Company contribution to gym membership.
5% company contribution to pension.
Enhanced sick leave allowance.
Recruitment referral scheme.
Social events, and more.