We are searching for
Head of Finance
full-time (f/m/d)

contextflow is an award-winning startup developing artificial intelligence-based software applications to support radiologists during clinical routine. Our team of deep learning and engineering experts use our own data flow framework for efficient deep learning development and benchmarking. Methods developed are aligned with data, annotation, clinical and IT requirements in mind and are deployed to hospital sites across Europe providing value in clinical routine to radiologists and to patients.

As Head of Finance, you will take full ownership of all fiscal and legal matters. You will support the executive management team in analyzing, managing and growing the business under existing financial constraints and in compliance with contextflow’s strategic goals, all the while managing the day-to-day financial operations. The Head of Finance will work alongside the CEO/COO to raise capital to fund the company’s growth strategy (especially in structuring such capital raises), create business plans for attracting additional equity investors and develop viable exit strategies.

As a Head of Finance, you will:

  • Deliver accurate financial information to the CEO, executive management team and investors in a timely manner
  • Coordinate the processes for financial budgeting, forecasting, and long-term planning
  • Handle cash management and makes sure available funds are spent according to contextflow’s strategic and operational plans
  • Track and analyze financial results, initiate corrective actions to minimize impact of variances 
  • Monitor achievement of financial goals and key performance indicators (KPIs) 
  • Ensure that contextflow complies with all legal and regulatory requirements as well as internal policies
  • Implement and monitor risk management and internal control system to preserve company assets 
  • Develop fundraising strategy to finance operations, corporate growth and investments into new business areas 
  • Support the executive team in negotiations with customers and healthcare insurances to achieve reimbursement
  • Manage communication between contextflow and its investors, handling inquiries and meetings with investors
  • Elaborate potential exit scenarios and develops strategies, timelines and plans for execution 
  • Maintain relationships with the financial community (equity and debt investors, banks and public sponsors).  

What you can expect

You will be part of an interdisciplinary team, characterized by close collaboration and sharing of knowledge across boundaries of individual fields. We are focused on developing cutting-edge deep learning techniques that serve the rapidly-advancing needs of precision medicine and clinical practice. We place a huge emphasis on the well-being of all our team members. We take care and support each other so that we can grow together. We work hard but also enjoy spending time together at occasional after work activities and every year in an amazing holiday retreat. Feel free to ask about it in more detail in your interview 🙂

Moreover you will

  • Become part of a team of AI medical image processing experts 
  • Thrive in a young, dynamic learning environment where you can grow
  • Work on the exciting topic of medical AI software technology
  • Work directly with the founders and make meaningful contributions to company’s action and value
  • Manage your own time via flexible working hours, remote work possible

Main responsibilities:

  • Improve financial accounting, reporting and planning system to fulfill requirements of auditors, government agencies and international investors
  • Prepare financial statements for audits and tax returns, maintain relationships with auditors, tax authorities and advisors
  • Track business plans and budgets based on financial goals and KPIs
  • Conduct cost calculations for pricing and investment decisions as well as cost-benefit studies for healthcare payers
  • Implement a strategic controlling tool for monitoring target markets and competitors incl. SWOT- and scenario analyses for strategic decision making
  • Establish a risk management and internal control system in compliance with laws and regulations
  • Elaborate employee stock option scheme to incentivize key personnel
  • Develop business plans and information memoranda for meetings and negotiations with investors
  • Seek for and pursue alternative sources of funding (debt and/or non-dilutive funding)
  • Arrange equity and debt investment rounds and negotiate legal agreements (in collaboration with CEO)
  • Negotiate licensing and collaboration agreements with suppliers, R&D and marketing partners (in collaboration with Business Development Manager).

What we are looking for:

  • Several years of experience in finance operations in a high-paced environment, or
  • Several years of experience in venture capital, private equity, corporate finance or M&A, with a strong motivation to enter operational finance
  • Structured work style and high level of self-motivation
  • Work permit in EU
  • Fluency in English
  • German language is a plus
  • Strong belief in growing together as a team
  • Empathy for each other

Salary negotiable based on experience & know-how

We are an equal opportunities employer and
value diversity!

Join an award-winning team

Founded in 2016, we are one of the leading AI medical imaging startups, having grown to 30+ people. To date, we have raised over €15 million from VCs and EU grants, and work together with renown customers across Europe

  • EIC Accelerator Equity Program 2023
  • GE Healthcare Canada Accelerator 2022
  • Winner, European Radiology Most Downloaded Article 2021
  • WKO Born Global Champions 2021
  • Top AI30 (2020) – Forbes DACH
  • EIC Accelerator Grant 2020
  • Best Healthtech Startup 2019 (Austria) – Central European Startup Awards
  • Best Pitch 2019 (Healthcare) – Pioneers Festival
  • Philips HealthWorks 2018 – Chosen as one of 19 participants out of 700+ applications
  • Digital Innovation Award 2017 – Austrian Federal Ministry of Education, Science and Research
  • Most Promising Startup 2016 – BCS Search Industry
  • Science & Business Award 2016 – Rudolf Sallinger Fonds

How to apply
Interested? Click here, and then click the « I’m interested » button to apply.