Head of Finance

Toku is creating a world focused on preventive healthcare, using the eye as a window to our health. We believe every person in the world should have access to early diagnosis of health conditions before it’s too late. How? by developing tools using AI and retinal images to enable accessible healthcare for early and accurate diagnosis of health conditions to empower everyday individuals. The retina has long been recognized as a unique window into an individual’s health, as the biomarkers present in retinal images may provide valuable insights into aging, inflammatory health, neurological health, and cardiovascular health.

The Head of Finance will undertake the duties and responsibilities inherent to such a position, which may encompass  different or additional duties as may, from time to time, be assigned by the Company.  This role will oversee financial strategy, planning, forecasting, and operations to ensure the Company’s growth, profitability, and compliance. The Head of Finance is a part-time position.

• Financial Strategy & Planning: Develop and oversee financial strategies to support growth, including budgeting, forecasting, scenario modelling, and long-term capital planning.
• Financial Reporting & Compliance: Ensure timely and accurate financial reporting across all entities, maintaining compliance with U.S. GAAP and NZ GAAP, tax regulations, and statutory filings.
• Subsidiary Oversight: Manage and consolidate financial operations across two subsidiaries (U.S. and New Zealand), ensuring intercompany transactions, transfer pricing, and reporting are accurate and compliant.
• External Accounting Leadership: Lead and coordinate activities with external accounting partners and auditors, ensuring deliverables meet quality, timeliness, and compliance standards.
• Tax Oversight: Maintain a solid working knowledge of U.S. and NZ tax frameworks, reviewing the work performed by tax advisors and ensuring all filings and elections are appropriately managed.
• Grant Management: Oversee financial management of research grants and funding programs, ensuring compliance with reporting requirements, milestones, and allowable cost principles.
• Cash Flow & Expense Management: Monitor cash flow, optimize working capital, and manage operational expenses effectively to support ongoing business operations and growth.
• Risk Management & Controls: Identify financial and compliance risks, develop mitigation strategies, and implement strong internal controls to safeguard company assets.
• Financial Systems & Process Improvement: Implement and improve accounting systems, automation tools, and internal processes to support scaling operations and data-driven decision-making.
• Leadership & Collaboration: Work closely with the CEO, COO, and department leaders to align financial goals with business strategy and support corporate initiatives such as fundraising, M&A, and regulatory submissions.
• Other Duties: Perform all other reasonable duties required and comply with instructions issued by the Employer.

QUALIFICATIONS:

• Bachelor’s degree in economics, finance or a related field.
• MBA or Master’s degree in a relevant field preferred

SKILLS:

• Financial planning, budgeting, and forecasting
• Cash flow management and financial risk assessment
• Financial modeling and data analysis
• Strong knowledge of GAAP, IFRS, and other relevant accounting standards
• Tax strategy and compliance management
• Audit preparation and financial reporting
• Ability to translate complex financial data into actionable business insights
• Strong stakeholder management (executive team, investors, board members)
• Leadership and team management skills
• Proficiency in financial software (e.g., NetSuite, QuickBooks, SAP, or similar)
• Familiarity with data analytics tools and automation

EXPERIENCE:

• 10+ years of experience in Financial Planning & Analysis (FP&A), corporate finance, and strategic business operations.
• Proven track record of leading FP&A teams and driving financial planning, forecasting, and business performance analysis.
• Experience managing IPO processes and fundraising efforts, including investor relations, financial modeling, and scenario planning.
• Strong background in budgeting, expense management, and financial reporting, overseeing multi-million-dollar operating budgets.
• Expertise in developing financial models, contribution margin analysis, and scenario planning to support strategic initiatives.
• Hands-on experience with financial systems implementation (e.g., Xero, Bill.com, ) to streamline reporting and forecasting processes.

PERFORMANCE GOALS:
• Optimize Financial Reporting – Establish clear, timely, and accurate financial reports for leadership and investors.
• Assess Cash Flow & Budgeting – Ensure financial planning aligns with business goals and growth strategies.
• Strengthen Compliance & Controls – Review and enhance internal financial controls, tax compliance, and risk management processes.
• Drive Financial Efficiency – Identify cost-saving opportunities and improve operational financial efficiency.
• Enhance Revenue Forecasting – Implement robust forecasting models to support strategic decision-making.
• Improve Investor & Board Reporting – Establish a streamlined process for financial updates to investors and stakeholders.
• Ensure Sustainable Growth – Align financial strategy with long-term company growth objectives.
• Expand Financial Infrastructure – Implement systems and automation to scale financial operations efficiently.
• Optimize Capital Structure – Evaluate funding options, debt vs. equity strategy, and long-term financial sustainability.

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