Chief Financial Officer - Laguna Woods, United States - Sonendo

Sonendo Laguna Woods, United States

2 weeks ago

Description

Overview

About Sonendo

Sonendo, Inc. is a medical technology company with a unique mission to lead the transformation of dentistry through Sound Science. We are currently building a high-performance team with a passion for creativity and innovation that is committed to collaboration and integrity. We believe our success is based on developing disruptive technologies, and we strive to achieve excellence in our products and services by attracting energetic, entrepreneurial individuals who are committed to this vision.

About the Role

The Chief Financial Officer (CFO) provides both operational and programmatic support to the organization. The CFO supervises the finance unit and is the chief financial spokesperson for the organization. The CFO reports directly to the President/Chief Executive Officer (CEO) and focuses on all strategic and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs and the securing of new funding.

About the Team

The Sonendo team is a diverse group working together with passion, purpose, and perseverance toward elevating patient care - to improve the lives of providers, patients, and our employees. This team, like our technology, goes above and beyond to exceed expectations. Known for our collaborative working style, the contribution of every employee is instrumental in Sonendo's success to achieve our mission of Saving Teeth, Improving Lives. Everyone contributes, everyone is heard, and everyone is accountable.

Responsibilities

The Chief Financial Officer (CFO) provides both operational and programmatic support to the organization. The CFO supervises the finance unit and is the chief financial spokesperson for the organization. The CFO reports directly to the President/Chief Executive Officer (CEO) and focuses on all strategic and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs and the securing of new funding. Duties and responsibilities include, but are not limited to:

Assist in performing all tasks necessary to achieve the organization's mission and help execute staff succession and growth plans.
Train the Finance Unit and other staff on raising awareness and knowledge of financial management matters.
Work with the President/CEO on the strategic vision including fostering and cultivating stakeholder relationships on city, state, and national levels, as well as assisting in the development and negotiation of contracts.
Participate in developing new business, specifically: assist the CEO in identifying new funding opportunities, the drafting of prospective programmatic budgets, and determining cost effectiveness of prospective service delivery.
Assess the benefits of all prospective contracts and advise the Executive Team on programmatic design and implementation matters.
Ensure adequate controls are installed and that substantiating documentation is approved and available such that all purchases may pass independent and governmental audits.
Provide the CEO with an operating budget. Work with the CEO to ensure programmatic success through cost analysis support, and compliance with all contractual and programmatic requirements. This includes: 1) interpreting legislative and programmatic rules and regulations to ensure compliance with all federal, state, local and contractual guidelines, 2) ensuring that all government regulations and requirements are disseminated to appropriate personnel, and 3) monitoring compliance.
Oversee the management and coordination of all fiscal reporting activities for the organization including: organizational revenue/expense and balance sheet reports, reports to funding agencies, development and monitoring of organizational and contract/grant budgets.
Oversee all purchasing and payroll activity for staff and participants.
Develop and maintain systems of internal controls to safeguard financial assets of the organization and oversee federal awards and programs. Oversee the coordination and activities of independent auditors ensuring all A-133 audit issues are resolved, and all 403(b) compliance issues are met, and the preparation of the annual financial statements is in accordance with U.S. GAAP and federal, state and other required supplementary schedules and information.
Attend Board and Subcommittee meetings; including being the lead staff on the Audit/Finance Committee.
Monitor banking activities of the organization.
Ensure adequate cash flow to meet the organization's needs.
Serve as one of the trustees and oversee administration and financial reporting of the organization's Savings and Retirement Plan.
Investigate cost-effective benefit plans and other fringe benefits which the organization may offer employees and potential employees with the goal of attracting and retaining qualified individuals.
Oversee the production of monthly reports including reconciliations with funders and pension plan requirements, as well as financial statements and cash flow projections for use by Executive management, as well as the Audit/Finance Committee and Board of Directors.
Assist in the design, implementation, and timely calculations of wage incentives, commissions, and salaries for the staff.
Oversee Accounts Payable and Accounts Receivable and ensure a disaster recovery plan is in place.
Oversee business insurance plans and health care coverage analysis.
Oversee the maintenance of the inventory of all fixed assets, including assets purchased with government funds (computers, etc.) assuring all are in accordance with federal regulations.
Maintain compliance with company policies and procedures.

Qualifications

Ability to:

Foster and cultivate business opportunities and partnerships.
Create and assess financial statements and budget documents.
Recognize and be responsive to the needs of all clients of the organization, including funding organizations, the Board of Directors, local community advocates, participants, and employers.
Supervise staff, including regular progress reviews and plans for improvement.
Communicate effectively in both written and verbal form.

Education:

Completion of a bachelor's degree at an accredited college or university or equivalent work experience.
Completion of a master's degree at an accredited college or university or equivalent work experience.
Certified Public Accountant (CPA) preferred.

Experience:

The Controller or Chief Financial Officer level.
Five to seven years of financial experience and management experience with the day-to-day financial operations of an organization of at least 10 staff persons.
Any equivalent combination of education and experience determined to be acceptable.

Physical Requirements

Ability to safely and successfully perform the essential job functions consistent with the ADA, FMLA and other federal, state and local standards, including meeting qualitative and/or quantitative productivity standards.
Ability to maintain regular, punctual attendance consistent with the ADA, FMLA and other federal, state and local standards
Must be able to lift and carry up to 25 lbs
The ability to communicate information and ideas so others will understand. Must be able to exchange accurate information in these situations.
Must be able to remain in a stationary position for 50% of the time.
Must be able to occasionally move about inside the office to access file cabinets, office machinery, etc.
The ability to observe details at close range (within a few feet of the observer).

Compensation

Additional Information

Sonendo offers a competitive benefits package and a collaborative, motivating work environment where you will be encouraged to innovate continuously; This is a place where you will be encouraged to actively participate, and your ideas can have a direct impact on the success of the organization. If you are interested in applying for this position, please apply online.

No recruiters, please.

Sonendo, Inc. is an Equal Opportunity Employer

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