[This position has been already filled]
Sunwave Health
VP Finance
The Company
Sunwave provides the leading enterprise SaaS Platform focused on Substance Abuse Treatment Centers and Behavioral Health Facillities. The Platform allows client companies to manage all their operations from the initial call with a potential patient, all the way through treatment, and billing and collections. It’s a fast-growth market that affects and saves lives daily.
Employees that succeed at Sunwave have a high sense of urgency, take initiative, are committed to hitting their goals, and are enthusiastic about our platform.
The Company just expanded its offices to the amazing Sunwave building in Delray Beach, FL.
Attractions
Opportunity to learn and contribute to the success of this growth business as you scale the baseline of accounting and financial reporting and support future decisions through full scale financial planning and analysis
You’ll drive analytically-driven business decision-making in a PE Sponsored environment
Employ your strong curiosity to ask questions perhaps no one is asking and propose solutions perhaps no one thought of
You’ll be instrumental in setting the Financial Stage, influencing/evoloving the choice of KPIs and other business indicators, to ultimately achieve the difference between a good and a great event/exit
You love seeing the result of successfully scaling a growth company, anticipating what’s next and putting numbers around the future when possible to support decisions
You’re a critical thinker in sometimes ambiguous environments. Part of the fun is finding the right level of process, planning and information discipline, while not creating extra work and 6 point font understood and used by no one. Part of the fun is not knowing exactly what’s next!
Overview
The VP Finance is responsible for the overall development of the Financial function of Sunwave as well as advising the financial implications of contracts the firm may enter.
He or she implements processes and systems for AR, AP, Payroll, Reporting etc, ensuring high levels of efficiency and accountability as the organization grows - the foundation for scaling the company. At the outset the role is very hands on, taking over accounting functions the founding team has carried until now.
With the management team, the VP Finance develops hands-on financial planning for the funding of current operations and expansion. He or she will help identify and develop opportunities to maximize revenues and properly manage expenditures.
The VP Finance proactively communicates and develops positive relationships with external partners: banks, PE investors, and independent auditors.
Job Description - Duties and Responsibilities
Responsible for managing the financial and accounting processes of the Company to include the timely production of clean and accurate monthly financial statements that are GAAP compliant and housed in Quickbooks. Develop an auditable monthly closing process that enhances quality of reporting.
Collaborating with the rest of the management team, lead/build the annual bottoms-up budgeting process that results in forward looking financial statements and key operating metrics.
Drive meaningful variance analysis of financial results as a whole and by department on a monthly cadence: Compare actual results to plans and prior results/trends. Recommend alternatives and work closely with others to take action on key issues.
Produce latest-thinking financial and cash flow forecasts throughout the year and work closely with sales and marketing on top line forecasting.
Support Sales as customer contracts are negotiated.
With the management team, develop sales compensation plans, and assist with sales operations as the company grows
Recommend changes to systems or processes that will contribute to the operational efficiency of the business and support rapid scale. You’ll do this by first starting very hands on to see how the baseline of AR, AP etc works, then develop accounting processes and related support for success.
Establish/revisit internal controls to reduce the risk of material misstatements and enhance cash management.
Oversee certain HR payroll and benefits management items.
Manage the annual audit process and communicate with auditors during the year to ensure a smooth audit.
Manage the preparation of quarterly Board presenations and reporting to PE sponsor. Represent the organization with its PE Sponsors, outside auditors/accountants, vendors, and banks
Qualitative
Enthusiastic, CURIOUS professional who thrives in a growth environment
Uphold highest standards in terms of customer-centricity and proactive support of the business
Earn respect internally as a committed financial leader
Accomplishments Necessary for Success
Success leading Finance, scaling a PE-sponsored, fast growth SaaS company with attention to applicable SaaS metrics, both hands on in the beginning and a combination of hands on and team leadership as the organization grows
The foundation of your success is your proactive, right-level, transparent communication style; you provide and present the appropriate level of detail or summary information and recommendations that are critical to this specific business/industry and are easily understood
Point person for efficient, clean external audits
Success and enjoyment hiring and developing great accounting teams, balancing hands on work when needed
Demonstrated proactive, “go to” accounting, financial and business planning and analysis driver - thoughtful approach to providing timely, accurate support for key operating decisions; excellent ability to communicate to the team the impacts of alternative courses of action
Success anticipating Finance or other business issues, developing solutions, and carrying them to results
Education/Other
Bachelor’s degree in Business, Economics, Accounting, Finance or related field
CPA a plus
Location
Mostly remote