What are the responsibilities and job description for the Chief Financial Officer position at Stride MD?
Company Overview:
Founded in 2019 as Glutality and rebranded in 2023. StrideMD emerged from the need to broaden our focus beyond remote patient monitoring for diabetes. With the acquisition of endocrinology clinics and leveraging our expertise in remote patient monitoring, telehealth, and comprehensive healthcare services, we provide a full spectrum of care. Our mission is to integrate innovative technology with personalized, in-person healthcare to enhance patient outcomes and improve quality of life. Through our commitment to excellence and our patient-centric approach, StrideMD strives to be a leader in the evolving landscape of healthcare.
Key Responsibilities:
Qualifications
Founded in 2019 as Glutality and rebranded in 2023. StrideMD emerged from the need to broaden our focus beyond remote patient monitoring for diabetes. With the acquisition of endocrinology clinics and leveraging our expertise in remote patient monitoring, telehealth, and comprehensive healthcare services, we provide a full spectrum of care. Our mission is to integrate innovative technology with personalized, in-person healthcare to enhance patient outcomes and improve quality of life. Through our commitment to excellence and our patient-centric approach, StrideMD strives to be a leader in the evolving landscape of healthcare.
Key Responsibilities:
- Ensure that all transactions of the Company are timely and accurately recorded.
- Oversee and participate in closing of the monthly books on a US GAAP basis within a reasonable timeframe - typically 10-15 business days after the end of the calendar month. This process necessarily includes participating in or reviewing:
- Reconciliation of all accounts
- Interacting with the organization to ensure all transactions are known, understood, and approved, and recorded
- Enforcing compliance with a formal closing calendar and checklist
- Conducting a detailed review of financial statements before publication to locate and correct any shortcomings and answer all questions related thereto.
- Prepare and publish all management, owner and lender reporting on a timely basis consistent with US GAAP and relevant agreements. Interact directly with various constituents regarding questions or concerns.
- Work with the Controller and other personnel to prepare monthly, quarterly and annual presentations (Business Reviews) as required by the senior management team and Board and meet with various users of the financial statements, including the CEO, owners and lenders to discuss same.
- Lead the Company’s annual budgeting process to a timely conclusion, together with any exercises to refresh or augment such budgets periodically during the year.
- Support the organization in its various business endeavors by providing financial leadership and expertise across various departments and functions in such areas as project planning, business plan construction and assessment, maintenance and reporting of KPI’s, and other activities normally associated with managing an evolving, high growth business.
- Actively understand and keep abreast of the Company’s working capital position, oversee cash management (including revenue cycle management activities and associated A/R collection activities), control of all cash disbursements, and maintenance of and “score-carding” for a 13 Week Cash Flow Forecast.
- Lead the Company’s annual audit process and manage same to a successful close within required timeframes. Support other external reviews, audits and assessments as needed.
- Maintain compliance with all tax regulations and timely file all tax documentation with relevant tax authority.
- Working directly with the Director of Human Resources oversee processing and payment of all costs and expenses related to payroll and benefits, including tax payments to relevant tax authorities.
- Support any M&A and capital raising activities of the Company.
- Lead communication efforts and maintain positive relationships with capital constituents
- Establish and maintain a secure repository of agreements related to financial aspects of the Company, including credit agreements, tax filing, M&A agreements, vendor agreements, etc.
- Other duties as required by the organization.
Qualifications
- Active CPA certification
- 2-4 years of public audit experience preferred
- MBA required, preferably with a focus in Healthcare Management or Business Administration.
- CFO experience with a healthcare-related entity of similar scale ($30-$50 million in revenue)
- Experience serving in differing financial management functional areas including accounting, FP&A, treasury and/or revenue cycle.
- Excellent written and verbal communication skills
- Experience transitioning a growing entity from QuickBooks to SAP, NetSuite, Sage, D365 or similar.
- The successful candidate will possess strong team-building skills, a focus on accuracy and timeliness of work product, and proactive transparency.
- The candidate should expect and embrace review of work product and processes and possess an ability to succinctly respond to any and all inquiries relating to same.
