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Finance Manager

Posted 12 Nov 2024
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Work experience
4 to 8 years
Full-time / part-time
Full-time
Job function
Degree level
Required language
English (Fluent)

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We are looking for a dynamic and experienced Finance Manager to join our team!

About Us

NoPalm Ingredients produces tailor-made yeast oils & fats, made from agri-food waste streams that are perfect substitutes to palm and other vegetable oils in food, cosmetics, and home care products. Our products offer a two-sided solution that reduces both the use of palm oil and food waste.

Founded in 2021, NoPalm Ingredients is on a mission to challenge companies and product manufacturers to implement our local, circular, and sustainable oils as an alternative to palm oil.

By upcycling agri-food side streams into circular yeast oils, we are making a worldwide environmental impact, contributing to a waste-free world, decarbonizing the entire value chain with 90% less greenhouse gas emissions, and limiting the impact on natural habitats as we reduce land-use by 99%.

About the Role

The Finance Manager will play a key role in shaping the future of NoPalm Ingredients. This role combines financial planning, strategic analysis, and business partnership to drive growth and ensure the long-term success of the company. You will be working closely with senior leadership to report on financial operations, analyze key performance indicators, and seek new non-dilutive funding opportunities to ensure our business scales efficiently and sustainably.

If you’re excited about combining financial expertise with that bit of extra strategic insight, and want to influence the future trajectory of a fast-growing company, we want to hear from you.

Your role will consist of, but is not limited to:

Financial Discipline:

Execute all financial operations, including budgeting, forecasting, financial reporting, accounting, tax, and compliance.

Management Reporting:

Oversee the preparation of board meetings and eMTs and ensure compliance with the shareholder agreement.

KPI Management and Reporting:

Act as the central coordinator for tracking and updating key performance indicators (KPIs) across all departments.

Grant Management:

Manage current grants, including HR registration, project management, and report writing to ensure compliance and successful project outcomes.

Grant Scouting and Applications:

Identify new grant opportunities and run the application process in collaboration with the wider team to secure additional funding.

Fundraising Support:

Assist the CEO in fundraising activities, including preparing financial models, investor presentations, and due diligence materials.

A Typical Day

  • Morning:
  • Planning and Prioritization: Kick off the day by reviewing the agenda, setting priorities for tasks, meetings, and deadlines. Balance immediate deliverables with long-term to-do’s. Assess the company's financial status, including cash flow, budget variances, and new data.

    Grant Management: Ensure our Innovatiekrediet, TSE, and EIC grant documentation is up to date and that the funds have been used and appropriately allocated.

  • Afternoon:
  • Financial Modeling and Analysis: Update the Rolling Forecast Model and prepare the slides for the next Supervisory Board meeting with the burnrate and runway analysis.

    Management Team meetings: Work with our COO, Jeroen Blansjaar, to ensure R&D cost have stayed in budget and to identify any budget overruns. Sit down with our CEO, Lars Langhout, to prepare the Supervisory Board meeting financials.

About You

You are a proactive and self-motivated individual who thrives in collaborative team settings. Your meticulous attention to detail ensures high-quality results in all your work. You have a genuine passion for sustainability, driving you to contribute meaningfully to our mission. More specifically, we are looking for someone who has:

  • 4+ years of experience in Big4 or related companies, additional experience is a plus
  • A Master’s degree in Finance, Accounting, Economics, or a related field. A CFA is highly desirable
  • Solid quantitative and technical skills, including financial modelling and data analysis
  • Robust working knowledge of accounting and finance skills
  • A track record of delivering results in a cross-functional, high-growth, and fast-paced environment
  • Excellent verbal and written communication skills in English
We seek someone with the following skills & competencies:
  • Problem Solving: Strong analytical and problem-solving abilities, with attention to detail.
  • Communication: Excellent verbal and written communication skills, capable of conveying complex financial information clearly and effectively.
  • Hands-on Mentality: A willingness to be deeply involved in day-to-day financial operations, managing tasks directly.

We value diversity and believe that our team's unique perspectives and experiences make us stronger. While we may have listed specific requirements for this role, we encourage candidates from all backgrounds to apply. We are looking for individuals who are passionate, driven, and excited about the opportunity to join us on our mission. Don't let a lack of exact qualifications hold you back from applying - we are excited to learn more about you and what you can bring to the table!

What's In It for You?

  • Being part of a fast-growing purpose-driven start-up where you can make an impact from day 1
  • Competitive salary
  • Stock Appreciation Rights
  • 25 days of vacation allowance
  • Commuting allowance
  • Pension plan
  • Flexibility in working from home / working in the office
  • Team outings and monthly get-togethers
  • Great coffee
  • We are able to sponsor a visa for non-EU citizens
Want to join?

Then we'd love to hear from you!

Our 3-step Interview Process:

  • Interview | digital | with our People & Culture Manager | First impressions, Culture fit & practicalities
  • Interview | live | with our CEO & an expert from the team | Role & team fit
  • Interview | live/ digital | with our CTO/COO | Organization fit

NoPalm Ingredients is a BioTech start-up with EUR 1.6 Mn in funding and growing quickly. We have developed a solution to the palm oil problem by “brewing” microbial oil that has similar characteristics to palm oil, allowing it to replace it as an ingredient in food and cosmetics. For our fermentations we use a variety of sidestreams as feedstock. This makes our oil a truly circular and sustainable solution to one of world's biggest problems.

Manufacturing
Ede
Active in 1 country
10 employees
50% men - 50% women
Average age is 35 years