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VP of Finance

About Us

At SimplePractice, our team is dedicated to improving the health and wellness industry by building a suite of innovative solutions for practitioners and their clients. Our product supports practitioners on their clinical journey to becoming licensed, helps them manage their business and practice once they’re up and running, and enables new clients to discover and interact with practitioners. Taking a practitioner-first approach in everything we do makes it possible for health and wellness practitioners to devote more time to their clients while they use SimplePractice to start, grow, and maintain a successful private practice.

The Role

The VP of Finance will play a key leadership role and report directly to the CFO. The ideal candidate will possess proven financial acumen, strategic thinking, strong leadership skills, and the ability to drive financial initiatives that support the company's growth and profitability goals. The VP of Finance will oversee and manage financial planning and operations, lead the FP&A function, be a trusted partner to the global leadership team on all financial activities, provide visibility on performance to our private equity investors, improve operational metrics and establish business processes that improve transparency and drive accountability. This individual will also play a leadership role on engaging in strategic activities including M&A and new market entry, and should be able to interact with our board of directors on financial matters.    

Responsibilities

  • Instrumentation: Define, report on and influence through the underlying operating levers that drive our performance.  Eg, what are the operating metrics that ultimately will shift customer acquisition, NRR, payments adoption - own them and partner with Marketing, Product and the broader leadership team in a way that creates outcomes for our business 
  • Annual Plan.  Create the framework and define the big rocks and the key performance outcomes for the annual plan. Be able to engage with and influence the management team to help prioritize initiatives and investments, growth targets, opex efficiency and capital allocation. 
  • Insights. Partner with the Controllership organization to provide detailed monthly, quarterly and annual finance results with a narrative on key performance trends, risks and opportunities.  Partner with Analytics to drive visibility into key performance drivers. Provide the insights and visibility required of a private-equity backed company
  • Business Partnership.  Be a business partner and lead a team that helps our Marketing, Product and Engineering, G&A teams have visibility on their business and be a trusted advisor on how to drive performance improvement; new greenfield investments; or decisions that impact our cost structure. Guard our margins/P&L but have empathy to help solve business problems  
  • Strategy.  Develop a thorough understanding of our business and our market to help derive and execute ideas to grow our business in areas such as product expansion, new revenue models and M&A
  • Leadership. Proven ability to attract talent and build high-performing teams across FP&A and strategic business partner roles
  • Systems. Build operations that can scale.  Leverage modern FP&A platforms, experiment with AI to give us the ability to build a world-class finance team
  • General Athlete: Building a company means wearing more than one hat. Have the intellectual capacity and get-stuff done attitude to dive in to help tangential areas, such as operational planning, M&A and partnerships

Requirements

  • 10+ years of strategic finance experience (including operating experience at a well-established SaaS or other high-growth technology startup or company). Experience with product/marketing led growth businesses highly desired as well as experience in private equity or investment banking
  • Proven track record of creating insights that help drive company performance, margin expansion and growth
  • A proven leader with experience managing high performing, diverse teams with multiple direct reports covering different areas of business
  • Experience distilling complex ideas and financial models into actionable recommendations, enhancing communication across the organization
  • Capable of setting and owning annual plan and our operating budget, balancing competing priorities and interfacing with senior leadership
  • Able to collaborate with cross-functional partners at all levels in a fast-paced environment, leveraging your ability to influence and drive decision making
  • Excellence in financial modeling and analytics and familiarity with FP&A platforms such as Adaptive Planning
  • Strong quantitative, organizational and communications skills
  • Unquestionable integrity
  • *West Coast Based is preferred*

Base Compensation Range

$270,000 - $310,000 annually

Base salary is one component of total compensation. Employees may also be eligible for an annual bonus, equity or commission. Some roles may also be eligible for overtime pay.

The above represents the expected base compensation range for this job requisition. Ultimately, in determining your pay, we’ll consider many factors including, but not limited to, skills, experience, qualifications, geographic location, and other job-related factors.

Benefits

We offer a competitive benefits program including:

  • Medical, dental, vision, life & disability insurance
  • 401(k) plan with company match
  • Flexible Time Off (FTO), wellbeing days, paid holidays, and summer Fridays
  • Mental health resources
  • Paid parental leave & Backup Care
  • Tuition reimbursement
  • Employee Resource Groups (ERGs)

California Job Applicant Privacy Notice

Thank you for your interest in opportunities at SimplePractice LLC (“SimplePractice” or “us” or “we” or “our”). Please note that when you submit your resume or application materials to us for employment purposes, you are subject to the SimplePractice California Job Applicant Privacy Notice

For more information about our privacy practices, please contact us at privacy@simplepractice.com.

Average salary estimate

$290000 / YEARLY (est.)
min
max
$270000K
$310000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About VP of Finance, SimplePractice

At SimplePractice, we're on a mission to revolutionize the health and wellness industry by offering cutting-edge solutions for practitioners and their clients. As the VP of Finance, you’ll play a vital leadership role, reporting directly to the CFO. We’re looking for a dynamic individual who not only brings a wealth of financial knowledge but also shares our passion for enabling practitioners to focus on their clients. Your duties will involve managing financial planning and operations while leading the FP&A function. Your strategic insights will foster collaboration across departments, ensuring our marketing, product development, and engineering teams thrive financially. You’ll have the opportunity to engage with private equity investors, showcasing our performance and supporting our M&A initiatives. By developing comprehensive financial frameworks and driving operational accountability, you’ll have a direct impact on our growth trajectory. If you possess ten years of strategic finance experience in high-growth sectors and are ready to dive into various company challenges, including operational planning, this role is crafted for you. Together, we'll enhance our existing processes and embrace modern financial tools. Join us at SimplePractice, where you can make a meaningful difference in the lives of practitioners and their clients while growing your career in a supportive environment.

Frequently Asked Questions (FAQs) for VP of Finance Role at SimplePractice
What are the main responsibilities of the VP of Finance at SimplePractice?

As the VP of Finance at SimplePractice, you’ll be responsible for driving financial planning, leading the FP&A function, and providing strategic insights to our leadership team. This includes overseeing annual planning, financial reporting, and partnering with various departments to enhance visibility and accountability.

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What qualifications are required for the VP of Finance position at SimplePractice?

Candidates for the VP of Finance role at SimplePractice should have at least ten years of strategic finance experience, ideally within SaaS or high-growth technology companies. Experience in private equity or investment banking is also preferred, along with strong leadership skills and a proven track record of managing high-performing teams.

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Is remote work an option for the VP of Finance role at SimplePractice?

Yes, the VP of Finance position at SimplePractice is open to remote candidates, particularly those based on the West Coast. This flexibility offers you the chance to contribute significantly to our mission from wherever you feel most productive.

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How does SimplePractice support financial growth for its employees?

SimplePractice provides a competitive compensation package, including a base salary, annual bonus potential, and equity opportunities. We also have a robust benefits program, including health insurance, flexible time off, and tuition reimbursement to support your financial growth and overall well-being.

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What skills will be essential for success as VP of Finance at SimplePractice?

Success as the VP of Finance at SimplePractice will require strong quantitative skills, financial modeling proficiency, and excellent organizational abilities. Additionally, effective communication and collaboration skills are vital for working with cross-functional teams to drive performance improvements.

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What makes the SimplePractice workplace unique for financial professionals?

At SimplePractice, the workplace is vibrant and collaborative, fostering innovation and creativity. You'll have the opportunity to engage in meaningful strategic activities, such as M&A and market expansion, while working alongside motivated professionals dedicated to improving the health and wellness industry.

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What kind of team environment can the VP of Finance expect at SimplePractice?

The VP of Finance at SimplePractice can expect a dynamic team environment focused on growth, accountability, and innovation. You will lead a high-performing team that collaborates across various functions, ensuring that financial insights drive key business decisions.

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Common Interview Questions for VP of Finance
Can you describe your experience with financial planning and analysis?

In answering this question, focus on specific instances where you led FP&A functions, detailing the frameworks you developed, the outcomes achieved, and how you collaborated with other departments to drive financial performance.

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How have you managed to lead and motivate diverse finance teams?

Highlight your leadership style and techniques for engaging team members. Provide examples of how you foster a culture of accountability, innovation, and support within your finance teams, as this showcases your capability as a leader.

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What is your approach to developing financial insights that inform business strategy?

Discuss how you gather and analyze financial data to generate actionable insights. Give examples of past initiatives where your insights led to strategic decisions, particularly in high-growth environments, showcasing your analytical skills.

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How do you prioritize competing financial initiatives with limited resources?

Explain your method for evaluating initiatives based on their potential impact on the company’s strategic goals. Discuss how you balance short-term needs with long-term objectives, demonstrating effective operational planning abilities.

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Can you provide an example of how you contributed to a successful M&A transaction?

Share a specific experience where you played a role in an M&A transaction, detailing your responsibilities, insights provided, and how your contributions benefited the overall deal process, showing your strategic finance acumen.

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What financial modeling techniques are you proficient in?

Discuss the financial modeling techniques you use regularly, including specific software tools. Provide examples of how these techniques have driven key business decisions and your expertise in adapting models to complex scenarios.

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How would you approach forecasting in a rapidly changing market?

Detail your strategies for adapting to dynamic market conditions. Explain how you leverage historical data, market analysis, and collaboration with team members to develop accurate forecasts that align with business priorities.

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Describe a time when you had to communicate complex financial concepts to non-financial stakeholders.

Provide an example that illustrates your ability to distill complex information into straightforward insights. Emphasize your communication strategies that helped non-financial team members understand and act on financial data.

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What role does technology play in your financial processes?

Discuss how you utilize modern FP&A platforms and tools to enhance financial operations. Highlight your experience in implementing technology solutions that improve efficiency and support decision-making.

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What are the key performance metrics you focus on in your financial role?

Talk about the essential KPIs you prioritize, such as revenue growth, operational efficiency, and customer acquisition costs. Explain how you use these metrics to guide strategic decisions and improve overall performance.

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Full-time, hybrid
DATE POSTED
November 29, 2024

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