Vice President of Finance and Operations, Alaffia Health
$190-225k
+ Stock options
More information about location
Medical claim fraud prevention
Job no longer available
Medical claim fraud prevention
21-100 employees
Job no longer available
$190-225k
+ Stock options
More information about location
21-100 employees
Company mission
To transform the future of healthcare by reducing healthcare costs for millions of Americans.
Role
Who you are
- We're looking for someone with a strong background in both finance and operations, with a proven track record of successfully guiding startups through Series A and beyond
- Bachelor’s degree in Finance, Accounting, or a related field; MBA and/or CPA preferred
- 10+ years of experience in finance and operations, including experience in a high-growth startup environment, preferably in the digital health or technology sectors
- Advanced proficiency in financial software tools (e.g., QuickBooks, Excel, FP&A tools)
- Exceptional communication, writing, and interpersonal skills, with the ability to confidently present to various stakeholders
- Strong operational management and process improvement skills
- Ability to thrive in a fast-paced, dynamic startup environment
What the job involves
- As our VP of Finance and Operations, you will be a key member of our leadership team
- You will be responsible for overseeing all financial activities and operational functions of the company
- You will lead strategic planning, financial forecasting, budgeting, operational management, and fundraising efforts
- In this role, you will report directly to the CEO
- Lead financial planning and analysis (FP&A), including accounting, budgeting, forecasting, and variance analysis
- Oversee the preparation of monthly, quarterly, and annual financial statements in accordance with GAAP
- Manage cash flow, treasury functions, and working capital to ensure liquidity and financial stability
- Provide strategic financial and operational recommendations to the CEO and executive team based on financial analysis and projections
- Collaborate with the CEO to secure additional funding rounds, including Series B and beyond
- Oversee the preparation of financial documents and due diligence materials for prospective investors
- Manage relationships with existing investors, preparing and presenting financial reports and updates
- Oversee day-to-day operations, ensuring efficiency and effectiveness across all departments
- Coordinate cross-functional initiatives to improve operational performance and support growth
- Manage resources, including human capital, technology, and infrastructure, to ensure optimal allocation and utilization
- Lead initiatives to enhance operational workflows, reduce costs, and improve overall company performance
Our take
Alaffia Health addresses the longstanding challenge of inefficient health insurance claims processing through its genAI solutions. Traditionally, this complexity leads to delays and high costs, impacting both insurers and healthcare providers and ultimately affecting patient care accessibility. Alaffia Health recognizes the urgent need for transformative solutions to streamline this process and reduce the burden on all stakeholders.
To tackle this, Alaffia Health leverages advanced AI technologies to revolutionize claim handling. By harnessing genAI, the company automates and optimizes processing, leading to faster reimbursements, reduced overhead, and improved efficiency within the healthcare ecosystem. Through continuous research, Alaffia aims to seamlessly integrate these tools, driving tangible improvements in cost-effectiveness and service delivery.
With a recent $10M funding led by FirstMark Capital, Alaffia Health is poised to accelerate its mission. This investment fuels AI research and development and expands its commercial footprint. As Alaffia continues to innovate and disrupt healthcare norms, it is positioned to achieve significant milestones, reshaping the future of healthcare administration.
Steph
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
Company
Funding (2 rounds)
Apr 2024
$10m
SERIES A
Feb 2022
$5m
SEED
Total funding: $15m
Company benefits
- Company stock options
- Hybrid work environment - work from the office and home
- Employer-sponsored Medical, Dental, and Vision benefits
- Flexible, paid vacation policy
- Work in a flat organizational structure — direct access to Leadership
Company HQ
Civic Center, New York, NY
Articles
Leadership
TJ Ademiluyi
(CEO)Previously worked in Securities and Tech Investment Banking at Goldman Sachs.
Adun Akanni
(COO)Previously worked as Project Team Lead at AmeriCorps National Civilian Community Corps. Was Director of Programs at MD Billing Pros and Onboarding Supervisor at Zeus Living.
Salary benchmarks
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