Company Overview: “Silofit is the world’s first private on-demand gym. Our gyms are decked out for every fitness goal – lofty or little – with everything you need for any training or therapy session.” Source: silofit.com
Position: Part-time CFO (June 2019 — Present)
Accomplishments:
– Advised the CEO on the company’s seed funding round with several VCs and Angel investors (confidential amount)
– Supported the company in raising debt & grants with Investissement Québec and the Ministry of Economy & Innovation of Québec (confidential amount)
– Implemented & built a “best-in-class” financial reporting system (monthly/quarterly financials, yearly audit, investors relations, budget, variance analysis)
– Managed options issuances, new funding rounds in a cap table
– Provided tax, corporate structure & legal advice
– Reviewed legal documentation (fundraising, HR, clients, suppliers)
– Organized the data room
– Managed the accounting & bank account migration
– Managed the financial controller
– Led a SR&ED claim and audit