VP of Finance, Prenuvo
More information about location
Comprehensive whole body MRI scan for preventative care
Job no longer available
Comprehensive whole body MRI scan for preventative care
201-500 employees
Job no longer available
More information about location
201-500 employees
Company mission
To flip the paradigm from reactive "sick-care" to proactive health care.
Role
Who you are
- 12+ years of finance experience, with a minimum of 4 years in a finance leadership role in a business with multi-site four-wall operations
- Proven track record overseeing strategic and day-to-day financial and accounting operations
- CPA and/or investment banking or corporate development experience preferred
- Knowledgeable of international trade, regulatory and compliance matters as it pertains to finance function and overall company operations
- Leadership and people-management experience, ability to lead a team in a fast paced environment
- Nice to have experience:
- Capital / equipment intensive businesses
- Health-tech / health system
- International expansion
- Familiarity with Netsuite ERP
What the job involves
- We are looking for a VP of Finance to lead our finance function for the company, spanning strategic finance, FP&A, and accounting
- The VP of Finance will primarily be responsible for strategic finance, managerial finance, and capital planning for our multi-site business, including running the full budgeting process while being a key thought partner for the CEO and broader executive leadership team on all financial matters
- This position will also oversee day-to-day financial and accounting operations including cash flow management, AR/AP, financial controls and compliance matters. They will work closely with leaders across the organization including revenue, operations, and technology departments
- Help reshape the world through proactive healthcare while working with cutting-edge technology and high performing teams with deep expertise - join us to make a difference in people’s lives!
- Develop and manage all aspects of the Company’s operational and strategic finance capabilities (70%) including:
- Ensure both capital and operational budgets and forecasts are completely accurate, timely and aligned with the needs of the business, including revenue forecasting (timing, amount and type); gross and net margin expense forecasting, and cash flow forecasting
- Work with department heads and regional operations leaders to deliver actionable financial insights and maintain and improve strong financial performance
- Analyze complex financial data and present findings to various stakeholders
- Play a key role in strategy and execution for any major acquisitions or partnerships
- Build, inspire, and lead a high performing finance organization that delivers against company goals: clearly defined KPIs and performance measurement, roles, career paths, and employee success strategies
- Oversee day-to-day financial and accounting operations (30%) including:
- Timely and accurate preparation and review of monthly, quarterly and annual financial statements in accordance with GAAP
- Cash flow management, AR, AP, financial controls and compliance matters
- Effective billing and receivables processes, ensuring billing timeliness and accuracy, effective revenue recognition, no revenue leakage, and effective debt handling
- Entire audit process, including managing relationships with outside auditors and generating audited financial statements
- Federal, state and local tax matters, ensuring compliance with tax laws and timely preparation of all related tax filings
- Relationships with outside lenders and investors, including compliance with and measurement of all bank reporting and covenant requirements
Application process
- As part of the hiring process, successful candidates will undergo a background check in compliance to applicable federal, provincial, and state rules
Our take
The quantified self movement is gaining momentum, especially in the health and fitness sector. Wearable health monitors, sleep trackers, and genetic testing have all firmly entered the mainstream, and body MRI scanning service Prenuvo is taking this concept to the next level. Prenuvo’s whole body diagnostic imaging offers customers a comprehensive picture of their body, whilst screening for 500+ major conditions and cancers.
The medical benefits of approaching these diseases proactively, as opposed to reactively, are substantial. Customers will be able to catch warning signs early, meaning treatment is likely to be less invasive, with a higher success rate. Unfortunately North America, like many regions, has yet to make substantial investments in preventative healthcare. This just makes companies like Prenuvo, and the VCs who fund them, increasingly necessary.
This funding, however has been substantial, and having closed multiple funding rounds, the company is now setting its sights on Europe. The opening of its first London clinic marks the start of that expansion, brining Prenuvo's full-body MRI services to a new market with high demand for early detection and diagnostic imaging. With plans to evaluate additional cities across the continent, the company is in a position to grow its international presence.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (2 rounds)
Dec 2024
$120m
SERIES B
Oct 2022
$56m
SERIES A
Total funding: $176m
Company benefits
- Exceptional health-care coverage: We offer a comprehensive benefits package including health, dental, vision, including Mental Health coverage, to support you and your family
- Flexible vacation policy: Recognizing time away to restore is vital to our wellbeing - we have a flexible vacation policy and we will encourage you to use it.
- Employee Prenuvo scans: Our missions starts with our own. We offer every Prenuvo employee complimentary scans each year. Use it yourself or give a scan to friends and family.
Company HQ
South Fair Oaks, North Fair Oaks, CA
Leadership
Andrew Lacy
(Founder & CEO)Previously founded semantic search company Zaptravel (now Lebara Travel) and iPhone app company Tapulous (subsequently sold to Disney). Later joined Disney as the SVP of Disney Mobile, and then Lebara as Chief Product Officer. Alongside work at Prenuvo they also co-founded Azarus.
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