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Chief Financial Officer - Stratford, United States - KUBTEC Medical Imaging
Description
Reports To
CEO
Company Overview
KUBTEC, is a leading medical and scientific imaging company, located in Stratford, CT, and known globally for their breakthrough technology in Breast Cancer Treatment. Through its 18-year history, KUBTEC has become known for its proprietary award-winning products that are challenging the status quo of breast cancer surgery and life sciences.
KUBTEC, has been recognized as one of the fastest growing and innovative companies and has won the Marcum Tech Top 40 award in the state of Connecticut, for the last five years running. Given the company's success worldwide, KUBTEC anticipates doubling its size within the next three years. All systems are designed, built and supported out of its newly built facilities in Stratford. Along with the company's comprehensive benefit program, KUBTEC also provides breakfast every morning for those working in the office. The company believes in and is passionate about diversity, inclusion and equality. The KUBTEC team is from different cultures, nationalities and backgrounds; together, they are stronger, and this is reflected in the portfolio of technologies, products and support services.
KUBTEC is a minority woman owned small business, and is responsive to the needs of their customers and patients. Their goal is to identify opportunities to improve the quality of patient care and to develop proprietary technology that enables healthcare providers to deliver that improvement. For additional information about KUBTEC, please find the attached video interview with the founders:
Job Overview
The Chief Financial Officer (CFO) position will play a critical role in shaping and executing the financial strategy of the Company. As a strategic leader, this role is responsible for overseeing all financial activities, ensuring accurate financial reporting, managing cash flow, and driving growth and profitability. The CFO works closely with the CEO and the Senior Management Team and key stakeholders to provide financial insights, make data-driven decisions and drive sustainable business growth.
Responsibilities and Duties
• Oversee all Company's financial activities including financial reporting, financial forecasting and modeling, and cash flow planning.
• Work closely with CEO and Senior Management Team to provide financial insights, data-driven decisions and drive sustainable, profitable business growth.
• Deliver financial presentations, reports and updates to internal and external stakeholders
• Oversee all accounting related activities, including timely and accurate closing of Company books on a monthly, quarterly and yearly basis.
• Drive expense reduction initiatives.
• Lead financing / fundraising activities and manage relationships with banks, investors, etc.
• Serve as point of contact with CPA firm for financial audits/reviews
• Ensure compliance with accounting standards, legal requirements and tax regulations
• Implement financial controls including relevant policies and procedures.
• Manage and develop staff including Accounting Manager, Financial Analyst and HR Director
• Oversee treasury and cash management by managing and monitoring cash flow, liquidity and working capital
• Partner with HR Director to ensure compensation, bonus and benefits programs are aligned with Company's goals
• Foster a culture of integrity and accountability
• Partner with CEO to lead negotiations and financial due diligence for mergers, acquisitions and establishments of new business units and partnerships.
• Work closely with Sales on pricing decisions, revenue and pipeline reporting, development of commission plans, etc.
• Partner with department leads and external consultants to maximize value of NetSuite ERP processes, reports, dashboards, etc.
• Partner with department leads and outside counsel to review and negotiate contracts/agreements with customers, vendors & other stakeholders.
Qualifications
• 10+ years of experience in finance and/or accounting, preferably in a manufacturing environment
• Strong leadership skills with proven ability to develop and execute financial strategies that align with business objectives
• Prior experience leading and scaling a finance team in fast-paced, high-growth environment
• Expert level financial analysis and forecasting skills including ability to present financial recommendations based upon analyses
• Proven track record of working with cross-functional team to define metrics, set goals, track progress, and drive operational improvements
• Demonstrated ability to monitor, allocate and control expenses
• Strong working knowledge of accounting standards
• Experience with ERP system, NetSuite a plus
• Direct experience managing relationships with key financial stakeholders including financial institutions, investors, lawyers and CPA firms.
• Direct experience reviewing and negotiating contracts
• Excellent verbal and written communication skills
• Problem solver and critical thinker mindset.
• Experience in medical device and/or capital equipment a plus
• BA in Accounting, Finance or similar relevant field and data analysis.
Compensation:
Kubtec offers competitive compensation, and comprehensive benefit package.