Hire a VP Finance
After Your Series A Fundraising

Hire a VP Finance After Your Series A Fundraising | Valuefinex

Why a VP Finance is Essential Post-Series A

Closing your Series A is an exciting milestone, but the journey toward growth and scalability is just beginning. Managing newly acquired funds effectively is crucial—your runway, burn rate, investor confidence, and strategic decisions now depend on sophisticated financial management. This is where a seasoned VP Finance steps in.

A VP Finance becomes instrumental in steering your startup through this crucial growth phase, providing the financial discipline and strategic insights needed to meet investor expectations and achieve your ambitious goals.

VP Finance vs CFO vs Head of Finance: Understanding the Differences

Before hiring, it’s essential to clarify roles:

  • VP Finance: Operationally focused, excels in financial planning, budgeting, reporting, cash flow management, and often leads ERP implementations. Salary ranges in London typically £90,000 – £120,000 annually.
  • CFO: Highly strategic, focuses on fundraising, investor relations, board interactions, and broader company financial strategy. Salaries typically range £140,000 – £162,000 annually.
  • Head of Finance: More transactional, ideal for day-to-day operations, and typically commands salaries of £70,000 – £90,000 annually.

What Should a VP Finance Deliver Post-Series A?

Hiring a VP Finance post-Series A involves clear expectations. Your new VP Finance should deliver:

  • Cash Flow Forecasting: Accurate, detailed cashflow forecasts ensuring effective capital allocation and runway management. Explore more on this via our Financial Planning service.
  • Investor Reporting: Monthly investor updates, board packs, and performance analytics to maintain high investor confidence.
  • System & Process Implementation: Review, upgrade, and implement critical systems such as ERP and accounting platforms (e.g., Xero, QuickBooks, or ERP implementations) for scalability.
  • Business Intelligence (BI) Implementation: Automate reporting, using advanced tools like Power BI, significantly reducing manual workload and providing valuable insights.
  • Financial Control Setup: Introduce robust financial controls and processes, ensuring compliance, audit readiness, and financial integrity.
  • Guidance Towards Series B: Establish financial models, KPIs, and strategies tailored towards a successful Series B funding round.

Strategic Role: ERP and System Implementation

A VP Finance ensures your financial and operational systems align with your growth trajectory. This includes:

  • Leading ERP system selection and implementation, working cross-functionally with sales, marketing, and operations to ensure company-wide integration.
  • Automating subscription management and billing systems (e.g., Chargebee, Recurly), streamlining your sales-to-cash process.

The Impact of a VP Finance on Your Startup’s Growth

With an experienced VP Finance onboard post-Series A, your startup benefits from:

  • Improved Financial Visibility: Clear, actionable insights into critical metrics (CAC, LTV, churn, burn rate, runway).
  • Enhanced Cost Efficiency: Strategic cost management, optimising financial resources for sustainable scaling.
  • Better Investor Relationships: Proactive communication, boosting investor confidence in your startup’s financial governance and trajectory.

Common Mistakes When Hiring a VP Finance (And How to Avoid Them)

  • Hiring Too Junior or Too Corporate: Choose a VP Finance with genuine startup experience who can navigate the dynamic environment post-Series A.
  • Underestimating System Needs: Ensure they possess proven experience in systems implementation, particularly ERP and BI systems.
  • Lack of Strategic Integration: Give them a seat at the strategy table immediately to integrate financial discipline into your growth plans effectively.

When Fractional CFO Support Complements Your VP Finance

At times, pairing your new VP Finance with a fractional CFO can accelerate results. A fractional CFO can provide strategic support, mentoring, and specialised expertise—especially beneficial during major transitions like ERP implementations, international expansions, or preparing for Series B funding rounds.

Explore more about how our Fractional CFO services in London can complement your VP Finance hire.

Investor Expectations from a VP Finance Post-Series A

Post-Series A investors expect clear evidence of financial rigour and scalability, including:

  • Monthly financial updates and comprehensive board packs.
  • Transparent reporting on cash runway, burn rate, and KPIs.
  • Demonstrable improvement in budgeting accuracy and financial forecasting.
  • A clear path and strategic preparation towards Series B.

Why Choose Valuefinex for Your VP Finance Needs?

At Valuefinex, we specialise in matching Series A startups with expert VP Finance professionals tailored for strategic impact and sustainable growth. We help your startup implement robust systems, financial controls, and reporting processes, positioning you for long-term success.

Ready to Hire Your VP Finance?

If you're ready to strategically elevate your startup’s financial management post-Series A, let’s talk.

👉 Schedule your complimentary VP Finance consultation today, or visit us at 33 Queen Street, London EC4R 1AP.