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Vice President, Finance & Business Operations

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VP of Finance and Business Operations

Location: Greater Seattle WA

Full time position

Salary: $180K - $200K

Our client is transforming the diagnosis of middle ear infections by introducing the world's first device capable of providing instant, precise diagnostic data for detecting bacterial infections. This unique proprietary technology represents the first significant advancement in decades for accurately diagnosing middle ear infections, offering a solution to the longstanding issue of misdiagnosis and unnecessary antibiotic use.

Their mission is clear: to enhance clinical outcomes, decrease the unnecessary use of antibiotics, and significantly reduce healthcare costs, leveraging our unique ultrasound technology. The proprietary technology establishes a product portfolio and technology platform with the potential for wide-ranging medical applications, promising to revolutionize how we approach diagnostics across various conditions.

Our client is a team of makers, entrepreneurs, engineers, businesspeople, and scientists with deep technical expertise who love the challenge of reinventing old technologies and creating highly effective new ones, especially medical devices. They value team play and the support of team members while celebrating individual effort and success. At this stage of their company, there is an opportunity to contribute to their mission and benefit from technology that will make a real difference and improve patient outcomes.

This role involves managing company finances, investor relations, and business operations alongside the CEO. It requires strong organizational, project-management, interpersonal, and communication skills. The VP of Finance and Business Operations reports to the Chief Executive Officer. This position also works closely with, and has the support of, the Executive Assistant/Investor Relations Liaison.

Responsibilities:

Assist the CEO with strategic planning, resource allocation, and business transactions.

Responsible for financial modeling and analysis.

Responsible for budgeting, forecasting, and reporting.

Oversee the external accounting firm for accounts payable, banking, and financial statements.

Oversee the external tax/audit firm(s) for taxes, audits, and related matters.

Manage the generation of quarterly and annual financials and other reports required for the Board of Directors, investors, and other stakeholders.

Identify and help close key investors, including strategics and acquisition path.

Participate in virtual and in-person investor presentations and booths. Some travel is required.

Project manage investor prospects from interest to close, ensuring close management of each step.

Manage information flow with timely and accurate communications to and from investors.

Work with other team members to prepare forecasts, budgets, and pro forma financials.

Oversee various other business and regulatory operations (insurance, state and federal reports, etc.).

Qualifications:

Must have a minimum of (5) five years of experience in a senior finance position.

Extensive expertise and experience in accounting, auditing, and the preparation of financial statements.

Significant proficiency and experience in financial management, particularly in capital raising (fundraising).

Experience in developing financial presentations and reports for C-suite executives, Board of Directors, and investors.

Experience in medical device or life science industry preferred.

Experience in startup companies is highly preferred.

Proficiency in utilizing Microsoft 365 suite.

Candidates must hold a bachelor's degree in finance, business administration, economics, or a related field with a specialization in finance and possess five years of relevant experience. Candidates may also hold a master's degree in the related fields with two years of relevant experience.

Skill Requirements:

Strong organizational skills

Excellent oral and written communication skills

Discreet and experienced with sensitive business and financial information

Ability to prioritize tasks, meet commitments, and make informed decisions

Capable of working in cross-functional teams

Strong interpersonal skills

Effective problem solver

Supportive team player

Good listener and communicator

This is a full-time position.

Please send your resume to Karen@Peopleconnectstaffing.com

Average salary estimate

$190000 / YEARLY (est.)

min

max

$180000K

$200000K

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What You Should Know About Vice President, Finance & Business Operations, PeopleConnect Staffing

Are you ready to make a significant impact in the medical technology field? Join our client as the Vice President of Finance & Business Operations, where you'll help transform the diagnosis of middle ear infections with groundbreaking technology. Located in the Greater Seattle area, this full-time position offers a competitive salary range of $180K to $200K. In this role, you will collaborate directly with the CEO to manage company finances and business operations, ensuring that the innovative efforts in ultrasound technology thrive. Your responsibilities will include strategic planning, financial modeling, budgeting, and reporting, as well as oversight of the accounting and auditing firms that support our financial operations. You'll be at the forefront of generating financial reports for stakeholders and participating in presentations to secure vital investments. We believe in teamwork and individual success, which means your contribution will be celebrated as you work with passionate creators and innovators within the company. This is more than a job; it’s a chance to be part of a mission that enhances patient outcomes while significantly reducing healthcare costs. If you have a strong background in finance, particularly in senior positions, and experience in accounting, we would love to hear from you. Ready to make a change? Let’s connect!

Frequently Asked Questions (FAQs) for Vice President, Finance & Business Operations Role at PeopleConnect Staffing

What are the primary responsibilities of the Vice President of Finance & Business Operations at the company?

As the Vice President of Finance & Business Operations, you will be responsible for managing a range of critical tasks, including financial modeling, budgeting, and partnering with the CEO on strategic planning initiatives. You'll oversee the performance of external accounting and tax firms, generate essential financial reports, and participate in investor presentations to help secure funding for our innovative medical technology.