Chief Financial Officer, Ever/Body
+ Equity
More information about location
Cosmetic dermatology services
Job no longer available
Cosmetic dermatology services
101-200 employees
Job no longer available
+ Equity
More information about location
101-200 employees
Company mission
To demystify cosmetic dermatology and make it more accessible.
Role
Who you are
- We are looking for a highly collaborative finance expert who leads with action and urgency in a player/coach role
- 15+ years of progressive accounting/finance experience
- Bachelor’s degree in Accounting/Finance, MBA preferred, active CPA required
- Previous high growth startup, 4-wall experience
- Understand how to manage deferred revenue in a growth environment
- E-commerce, inventory, and supply chain experience
- Thorough knowledge of US GAAP, PCAOB, cash accounting, enterprise risk management, internal controls and compliance, and financial reporting
- Strategic oversight with an emphasis on financial reporting analysis and cash flow management
- Proven ability to mentor, coach, develop, team members while holding them accountable for delivering results
- Demonstrated ability to manage change, maintain relationships with emotional maturity and self-motivation
- Excellent interpersonal and communication skills
- Ability to manage simultaneous priorities with agility as business needs evolve
- High financial modeling proficiency with Excel
- Deep experience with NetSuite and business intelligence platforms
- Ability to thrive and effectively prioritize in a remote work setting
- Ability to travel up to 30% of the time and maintain a traditional schedule in EST
What the job involves
- As our Chief Financial Officer, you will be a key partner to the CEO in developing, monitoring, governing and evaluating the overall corporate strategy, planning & analysis with a focus on bottom line financial performance, while enhancing investor value
- Governing financial reporting, accounting, treasury and budgeting will be a primary focus
- The role includes a heavy focus on corporate finance, investor relations, strategic initiatives including analytics, predictive modeling during a period of rapid growth and expansion
- This candidate will possess vast 4-wall start-up and management experience to evolve the finance and accounting structure (collaboration, people, technology and processes) to help us scale the organization and reach our long-term strategic goals
- Partner with CEO and executive team to develop strategic growth initiatives and oversee the development of expansion plans
- Provide data-driven insight to critical business matters to drive profitable growth, leading long term planning processes, and Company-wide updates of KPI's, etc
- Provide effective leadership to the finance organization, ensuring the development of the required financial capabilities for the Company, and the development of talent within the organization
- Define the financial strategy and provide useful financial insights to help make the best decisions about executing our business strategy
- Ensure the Finance function is properly resourced and organized, and develop an inclusive business partnership mindset across the organization
- Responsible for financial aspects of fundraising activities, with relevant experiences in equity, debt and convertible financing
- Create board materials, fundraising materials and other key financial reporting to advise investors and key stakeholders on overall company progress and financial health
- Play a leading role in negotiating with banks and lenders during fundraising stages and manage lender relationships
- Act as a liaison and forge relationships between the Company and the BOD, potential Investors, Banks etc
- Responsible for all monthly/qtrly/annual financial reporting on both cash and GAAP basis
- Provide business reporting, including monthly forecasting vs. actual cycle and reconciliation of variances
- Quarterly and year-end closing and reporting (for BOD and Investors)
- Annual budget and planning process, and 3-5Y forward planning
- Lead internal and 3rd-party resources across accounting, treasury/cash management, tax, FP&A, investor relations, and financial reporting
- Oversee working capital, investment of funds, and work with internal and external resources to raise additional capital as required
- Draw on strong operational and inventory management finance skills to advise and add value
- Provide overall leadership to the management reporting, financial planning, forecasting, and budgeting processes
- Lead efforts to drive the analytical rigor of the finance team so that business decisions throughout the organization are informed by analytical insight while improving the organization's ability to leverage and manage data
- Partner with executive leadership to build, validate, support the real estate process with center proforma review and overall market/retail fleet evaluation
- Collaborate with counsel on all corporate finance matters including equity management
- Establish and maintain stable cash flow management policies and procedures, and ensure cash resources are available for daily operations
- Set up and/or oversee all financial and operational controls and metrics within the organization
- Create flexible valuation models used to support M&A activities inclusive of standard financial metrics, including NPV, IRR, ROI, and payback periods
- Ensure the fiscal integrity of the business through enhancement and management of accounting systems and controls
- Prepare and file federal, state, third-party and other financial reports to ensure compliance with GAAP, SEC, IRS and other taxing entity requirements
- Manage outside advisors such as auditors and tax advisors to assure compliance with federal and state law; as well as compliance with banking agreements
- Oversee ERM process improvement company-wide
Our take
Cosmetic dermatology is treated with less caution nowadays, thanks in part to the rise of safer, non-invasive, and affordable procedures like botox and fillers. Add to that the rise in demand for such procedures in recent years, and you’ve got a US market that’s trending towards easy-access, reliable, and modest dermatological spending.
That’s great news for NY-based cosmetic dermatology company Ever/Body, that specializes in minimally invasive treatments that can be completed in under an hour, at a price that undercuts the market average. The company is also highly public about its training, ensuring all practitioners are extensively prepared to carry out procedures safely.
It seems like a no-brainer, but consumer trust is easily shaken in the cosmetic dermatology industry - and with good reason. So Ever/Body is probably wise to be placing this prominently in its pitch. It’s already won the company several premises across New York, and with plans for further national expansion on the cards, Ever/Body seems to have struck on a winning formula.
Steph
Company Specialist at Welcome to the Jungle
Insights
52% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Jun 2022
$55.5m
SERIES C
May 2021
$38m
SERIES B
Total funding: $113.5m
Company benefits
- Paid time off and paid holidays
- Employer discount for Ever/Body's beauty services and products
- Medical, dental, and vision insurance
- One Medical Membership and Commuter benefits
- Hybrid options
Company HQ
SoHo, New York, NY
Leadership
Karen Castelletti
(CTO)Completed a Computer Science degree at MIT, then moved into a Software Engineer role at Google. Subsequently served as CEO at Versed, and then Paribus Co.
Kate Twist
(Board Chair)Former CEO of the company. Was Director of Global Marketing role at The Estée Lauder Companies Inc. Subsequently served as SVP at Xcel Brands, and then Interim CMO at Tally Health and Midi Health.
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