Director of Finance & Accounting, LightForce
2-3 days a week in office (Wilmington, MA)
3D-printed orthodontic tools
Open for applications
3D-printed orthodontic tools
201-500 employees
Open for applications
2-3 days a week in office (Wilmington, MA)
201-500 employees
Company mission
To empower the experts to create a bite and smile as unique as the patient.
Role
Who you are
- We are seeking a talented and enthusiastic self-starter professional who has strong and relevant experience in FP&A and some accounting experience, who is also a good leader and developer of talent that communicates effectively, is process and data-driven, works well under pressure, and is eager to learn and be developed.
- Ideal candidates will have worked at a high growth venture capital backed technology company with revenues of $40m to $200m, with relevant FP&A and Accounting experience, including inventory management experience and knowledge in using various ERPs, particularly NetSuite
- All applicants must be at least 21 years of age
- Bachelor's Degree in Accounting or Finance; MBA highly preferred, CPA or CMA a plus
- 7 to 10 years experience in FP&A, preferably in a high-growth environment with 1-2 years in a management position
- Some experience in Accounting and managing a book close process with Manufacturing operations
- Strong cross-functional leadership skills and the ability to interact with all levels of staff
- Strong attention to detail and accuracy
- Some accounting experience and/or education
- Experience constructing and maintaining accurate predictive financial models
- Highest standards of integrity, accuracy and precision; highly organized
- Excellent verbal and written communication skills
- Ability to think creatively, is highly-driven and self-motivated
- Able to work independently & multi-task
- Demonstrated ability to roll-up sleeves and work with team members in a hands-on management capacity
- An inquisitive mind and collaborative approach to problem solving
- Experience monitoring operating expense budgets for SG&A, R&D and capital construction projects
- Advanced Microsoft Excel skills required, experience using budget software tools and NetSuite
- Experience with product revenue & cost of goods sold analysis
- Physical Demands:
- While performing the duties of this job, the individual is regularly required to sit or stand, use hands, reach with hands and arms, see, listen, and speak
What the job involves
- We are looking for a Director of Finance & Accounting to join our team
- This role will report to the Chief Financial Officer and will be responsible for leading the Company’s budgeting and forecasting process, accounting and bookclose process, financial reporting process(both internally and to our board and outside investors), business case process, variance/trend analysis and special projects as determined
- S/he will provide financial consulting and strategic support to our CFO, CEO and senior management which would include: pricing decisions, new product and market initiatives, analysis of product and service revenue and financial results, financing decisions, capital expenditure decisions, budget preparation, board presentations, acquisition analysis, and other projects requested by our CEO, CFO and senior management
- Lead the Finance and Accounting functions and manage the relationship between Finance and Accounting with senior leadership reporting to the CFO
- Oversee the Accounting and Book close process to complete and timely and accurate recording of our financial results
- Oversee the successful competition of our Annual Audited Financial statements working closely with our Independent Auditor
- Provide our CFO, CEO and Senior Leadership Team with analysis of our financial results, comparison to plan and prepare a revised forecast as needed. Provide Department heads with in-depth analysis of their department results
- Prepare presentations to the senior management team, and our board and work closely with market leaders to develop budgets and forecasts
- Analyze current and past trends all areas of revenue, cost of sales, expenses and capital project expenditures
- Monitor key performance indicators, highlighting trends and analyzing causes of unexpected variance
- Oversee and manage the continued development of the Operating Plan process, quarterly/rolling Forecasts, and financial modeling tools to provide full P&L financial support and consolidation across multiple legal entities
- Ad-Hoc Reporting and Analysis
- Conduct quarterly and monthly financial reviews with operational budget owners
- Improve performance by evaluating processes to drive efficiencies and understand ROI in manufacturing, product costing, marketing programs, capital projects and product roll-outs
- Develop financial models and analyses to support strategic initiatives
- Analyze complex financial information and reports to provide accurate and timely financial recommendations to management for decision making purposes
- Work Environment:
- Office environment up to 90%
- Work is generally performed in an open office, sedentary position
- The noise level in the work environment is usually moderate
- Limited temperature fluctuations, heated and air condition environment
Our take
LightForce Orthodontics delivers a platform for orthodontists to design and 3D-print custom tooth-moving tools, enabling orthodontic treatment to proceed faster and with an enhanced, personalized standard of care.
With LightForce, orthodontists can print an array of tools from brackets to IDB trays to custom buccal tubes, all designed to fit the individual patient's tooth anatomy and bite. In addition, its web-based platform comes with intuitive treatment-planning software, and its workflows integrate seamlessly into existing practices, making it the one-stop-shop for optimizing orthodontic outcomes.
The company has seen good funding, in 2024 enjoying $50 million from Trinity Capital, displaying an impressive growth trajectory. Recognising a gap in the market of treatment options for teenagers, LightForce is working to bridge that gap with its convenient digital braces, and all-in-all has cemented itself as a player of interest in the orthodontics space.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 7 rounds)
Sep 2024
$50m
GROWTH EQUITY VC
Aug 2023
$80m
SERIES D
Total funding: $200.6m
Company benefits
- Unlimited PTO for exempt employees
- 9 paid holidays per year
- Generous premium coverage for medical, dental, and vision plans
- Group plan voluntary life insurance
- Fringe benefits
- 401k retirement plan
- Paid parental leave
- Allowances for those in commercial sales positions
- Workplace perks such as food/coffee
Company HQ
Burlington, MA
Leadership
Alfred Griffin
(CEO & Co-Founder)Lecturer in the Department of Developmental Biology at the Harvard School of Dental Medicine, and Orthodontist with Bay State Dental Specialists.
Lou Shuman
(Co-Founder)Orthodontist, and President and CEO of Cellerant Consulting. Former President of the Pride Institute.
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