Chief Financial Officer, Ash Wellness
$200-350k
+ Stock options
Enabling organizations to provide at-home diagnostics
Open for applications
Enabling organizations to provide at-home diagnostics
21-100 employees
Open for applications
$200-350k
+ Stock options
21-100 employees
Company mission
To make inclusive and accessible healthcare a reality for all.
Role
Who you are
- The ideal candidate has experience in a start-up or similar high growth environment and is able to bring both executive-level leadership and a hands-on approach
- Strategic but scrappy. Willing to roll up your sleeves and get into the details
- Ownership mentality. Proactive, accountable, and comfortable making high-impact decisions
- Analytical problem-solver. Tackles complex, ambiguous challenges
- Detailed and quality-driven. Deliver clean, accurate, and insightful work products that can stand up to executive and investor scrutiny
- Process-oriented. Excited to build scalable systems and processes
- Agile and adaptable. Thrives in a fast-moving environment
- Cross-functional collaborator. Builds trust and alignment across teams, from ops and sales to product and people
- Executive communicator. Skilled at translating financial nuance into clear, compelling insights for internal and external parties
- Located in New York City
- 10+ years of progressive financial leadership, including experience as a CFO or senior finance executive at a growth-stage company
- Proven track record of owning budgeting, forecasting, cash flow, and financial reporting in complex organizations
- Experience with fundraising and investor relations, ideally in a venture-backed environment
- Deep financial modeling skills and comfort with tools like Excel, SQL, and business intelligence platforms
- Executive communication and presentation skills, with experience engaging external and senior stakeholders
- Experience with inventory and COGS management for physical and/or digital products
- CPA, MBA, or other relevant advanced degrees/certifications strongly preferred
- Familiarity with healthcare, medtech, biotech, or regulated industries is a plus
What the job involves
- Ash is seeking a full-time Chief Financial Officer (CFO) based in New York City to join our executive team
- As our first CFO, you will be a critical driver of Ash’s financial strategy, scalability and ongoing success. You will lead all financial functions from day-to-day operations, including accounting and FP&A, to long-term growth strategy including investor relations, risk management, and operational efficiency
- The CFO will serve as a key thought partner to our current executive and leadership team, providing data-driven insights and financial stewardship as we scale into new markets and grow our revenue streams
- Act as a core member of the executive leadership team, contributing to overall strategy and decision-making
- Own overall financial health and financial KPIs including margin improvement, cash burn and revenue sustainability
- Drive long-term financial planning including capital allocation strategy and scenario modeling
- Serve as a trusted advisor to the Board, and investors providing insights on financial performance, risk and opportunity
- Prepare financial reports on a monthly, quarterly and annual basis. Ensure accuracy and compliance in official reports
- Maintain our financial models and forecasts to inform larger sales and business goals. Take an iterative approach that takes into account our evolving business
- Manage and improve internal financial processes to ensure scalable operations within finance and across teams
- Lead fundraising strategy and execution in partnership with the CEO. Set Ash up for a successful Series B or alternate path
- Prepare, deliver and maintain investor updates, board materials and diligence documentation
- Act as the primary finance contact for investors, bankers and other external advisors
- Partner with Sales to inform and vet pricing strategy, sales comp plans and provide accurate revenue projections to the larger team
- Collaborate with Operations to optimize gross margin and improve unit economics, including COGS tracking and cost-efficiency analyses
- Build dashboards, tools and data systems that empower decision-making across the organization. Act as an internal knowledge source on all things finance
- Ensure compliance with tax, regulatory and audit requirements
- Establish risk management frameworks across financial, legal, and operational areas
- If needed, lead or support external audits. Develop internal controls appropriate for a Series A company
- Liaise with external parties such as suppliers, partners or clients to maintain accurate reports and where appropriate, negotiate on behalf of Ash
Our take
Founded in 2019, Ash Wellness is an end-to-end platform that offers remote diagnostics solutions to businesses and healthcare providers. It was created to help facilitate a healthcare environment that is both inclusive and accessible to all, which includes those who cannot travel out to receive healthcare.
Its white-label testing solution offers customizable tests based on client needs, with over 10 partner labs to deliver results - and upwards of 50,000 tests already completed since Ash was launched. With tech advances improving the quality and connectivity of portable equipment and communications, it's proving an innovative way of addressing the thousands of medically underserved areas in the United States.
The market, however, is correspondingly competitive. Startups like LetsGetChecked and Everlywell are examples of a growing number of home diagnostics startups which have been attracting VC money over recent years. Ash Wellness has successfully raised funding, which will help it set itself apart in the market as it invests in its services moving forwards.
Steph
Company Specialist at Welcome to the Jungle
Company
Funding (1 round)
May 2022
$3.2m
SEED
Total funding: $3.2m
Company benefits
- Employer Paid Healthcare
- An Inclusive & Friendly Work Culture
- Commuter Benefits
- Open Vacation Policy
- 401(k) Program
Company HQ
Civic Center, New York, NY
Leadership
David Stein
(Co-founder & CEO)They have an MBA from Cornell, and were a Senior Consultant at IBM. They were also a Batch 27 Founder at 500 Startups.
Kyle Waters
(Co-founder & CPO)Interned at companies such as BMC Software and VMG Health. They also worked as a Senior Consultant at Deloitte.
Mio Akasako
(Co-founder & VP of Brand/Design)They studied at Parsons School of Design and Cornell Tech, and worked extensively in Research at Princeton Neuroscience Institute and Kallyope.
Nick Sempere
(Co-founder & VP of Engineering)They have a Master's in Computer Science from Cornell Tech, and were a Lead Web Developer at MIT. They were also a Full Stack Developer at Causality Link.
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