Chief Financial Officer - Medical Device
Chief Financial Officer - Medical Device
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National Practice Leader @ Legacy MedSearch | Award-winning Recruiter
We are seeking an experienced and operationally focused Chief Financial Officer (CFO) to join our client as part of its executive leadership team, leading its finance, accounting and supply chain functions as the company scales commercially. This role is pivotal in strengthening our client's operational efficiency and strategically integrating its business and financial objectives. The position reports to the President & CEO.
Responsibilities:
- Serve as a trusted partner to CEO and executive team, driving financial and operational strategy and achieving scalable growth.
Operational Leadership
- Lead corporate financial planning, including establishing short-term objectives to advance long-term company goals.
- Oversee day-to-day activities of the finance and operations team, ensuring alignment with the company’s strategic goals and translating them into actionable, measurable outcomes.
- Develop and implement operational frameworks to improve efficiency and scalability across departments and company-wide functions.
- Collaborate with sales and marketing teams to optimize revenue strategies, including company’s unique subscription offerings.
- Maintain robust relationships with contract manufacturers and strategic supply chain partners to mitigate risks, ensure consistent and scalable supply of component and finished goods inventory and drive continued margin improvement.
- Ensure consistent product delivery timelines, cost optimization, and quality adherence.
- Coordinate with administrative and quality team to ensure adherence to FDA regulations and global medical device standards.
Strategic Financial Oversight
- Oversee budgeting, forecasting, and resource allocation.
- Ensure financial discipline and accountability across departments.
- Build and manage robust financial forecasting models to guide corporate strategy and decision-making.
- Deliver timely and accurate financial reporting to stakeholders, including Board of Directors and investors.
- Manage relationships with existing investors, including communicating the company’s financial position, key strategies, and prospects for future growth.
- Coordinate fundraising efforts to support continued corporate growth and ensure continued balance sheet strength.
- Collaborate with CEO and corporate development leadership to position the company for fundraising, evaluate strategic options, and position the company for potential exit.
Requirements:
- 15+ years of senior financial leadership in medical devices, healthcare technology, or related industries.
- Ability to lead within in a fast-paced, high-growth and entrepreneurial environment; prior track record of scaling startups or early-stage companies preferred.
- Demonstrated success in scaling operations, managing supply chain complexities, and driving commercial growth; prior experience with subscription models preferred.
- Strong background in financial planning, fundraising, and M&A processes; direct experience as part of an exit preferred.
- Open to remote placements nationwide; Massachusetts or New Hampshire preferred.
- Bachelor’s degree; MBA, CFA or advanced finance degree preferred.
Years of Experience: 15+
Degree: Bachelor’s Degree, MBA, CFA or advanced finance degree preferred.
Location: Northeastern US, MA or NH preferred
This job description is not exhaustive and may have been condensed for online or mobile viewing. It does not encompass all duties, responsibilities, or aspects of the job, and is subject to amendments at the sole discretion of the Employer. Employees may also perform other related duties as negotiated to meet the organization’s ongoing needs.
Legacy MEDSearch was named to the 2019-2024 Forbes list of Best Recruiting Firms in America.
Seniority level
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Accounting/Auditing and FinanceIndustries
Medical Equipment Manufacturing
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