A customizable core finance team to implement, support, or manage your day-to-day financial operations.
In the capital-intensive biotech space, every dollar is critical. Balancing finances to reach milestones can feel like walking a tightrope, and the pressure to minimize G&A costs can leave companies facing complex resource decisions.
We provide flexible finance and accounting services to ease the process. From initial company set-up to long-range planning and technical accounting, our adaptable support can help you build a strong financial foundation in the most resource-efficient way.
Why Danforth for Operational Finance and Accounting?
- Lean, Capital-Efficient Operations: We provide flexible finance and accounting infrastructure, helping you avoid the burden of unnecessary fixed costs.
- Industry-Specific Expertise: Our specialists understand the nuances of finance and accounting for biotech companies, including familiarity with R&D tax credits, clinical trial expenses and related forecasting.
- Scalable Resources: Access the right skill sets when needed, including project-based support for financings or other corporate events.
Need to streamline your finance and accounting operations?
Connect with our life science finance and accounting specialists.
How Danforth Can Help
Company Set-Up
We can efficiently design and implement financial infrastructure from ground zero, including financial systems, processes and controls.
Financial Administration and Accounting
We manage daily transactional activities and routine business compliance, general accounting, monthly close and reporting, cap table management and more.
Financial Planning and Analysis (FP&A)
Get flexible project-based FP&A support to formulate long-range plans and budgets, prepare for capital raises, or know the impact of delays.
Reporting
We create financial reporting templates, perform monthly reporting activities, and contribute to SEC filings.
Audit Preparation
Our biotech finance and accounting team can prepare for and manage financial statement audits with efficiency.
Technical Accounting
Get a dedicated, as-needed team to help with complex accounting matters, including audit readiness and adopting new accounting standards.
Support for Transformative Transactions
Tap into specialist support or strategic leadership for financings, IPO readiness, M&As, and corporate wind-downs.
Ready to optimize your operations with flexible finance and accounting services?
Reach out to our expert team today