Full-Time

CFO – Diagnostics

Posted on 9/23/2024

Envista

Envista

1,001-5,000 employees

Global provider of dental products and technologies

Biotechnology
Healthcare

Compensation Overview

$240k - $310kAnnually

+ Annual Performance Bonus

Senior

Boston, MA, USA + 12 more

More locations: Quakertown, PA, USA | Orlando, FL, USA | Washington, DC, USA | Miami, FL, USA | Raleigh, NC, USA | Philadelphia, PA, USA | Richmond, VA, USA | Newark, NJ, USA | Charlotte, NC, USA | New York, NY, USA | Atlanta, GA, USA | Baltimore, MD, USA

Category
Financial Planning and Analysis (FP&A)
Risk Management
Finance & Banking
Required Skills
Inventory Management
Financial analysis
Requirements
  • Bachelor’s degree in Accounting or Finance
  • CPA and/or MBA strongly preferred
  • 15+ years finance experience, preferably in medical device manufacturing or other highly regulated industry
  • 5+ years experience leading a team (preferably FP&A and/or Consolidation) or in senior leadership position
  • At least seven to ten years of progressive experience in the following areas: Financial Planning & Analysis, Budgeting & Forecasting, Mergers & Acquisitions, Continuous Improvement Methodologies, Public Company Operations
  • International/Global Manufacturing exposure and knowledge
  • Proven track record in hiring and managing high performers
  • Success in managing large, multi-functional, highly performing teams; proven ability with creating a talent pipeline and development of individuals
  • Demonstrated success in transformational leadership and change management
  • Travel Requirement: ability to travel up to 25%
Responsibilities
  • Collaborate with the Diagnostics team to achieve business and financial goals.
  • Develops, coordinates, consolidates and presents both the strategic plan and annual consolidated budget to L1 team and Envista Office of the Chief Executive Officer. Tracks performance and leads with countermeasures to close gaps.
  • Utilizes historical sales information and other current market/business trends to validate and revise the monthly forecast from the regions, business units and operations with detailed explanation of variances to prior forecast, prior year and plan; again leading with countermeasures.
  • Assess quality of forecasts through collaboration with Marketing, Sales, Engineering, Operations, and Manufacturing with a focus on forecast accuracy.
  • Key player supporting the M&A process along with the L1 team and corporate business development.
  • Lead Procurement team & ensure appropriate management of inventory to support customer demand while limiting exposure to obsolescence.
  • Partner with Sales and Marketing Teams regarding pricing and customer programs to ensure pricing is competitive and programs demonstrate the appropriate return on investment.
  • Lead all aspects of financial analysis of product portfolio and assess alternatives to improve profitability including evaluation of the manufacturing footprint.
  • Provide timely and insightful information regarding costs and help drive cost reduction initiatives across the business.
  • Evaluate relevance and efficiency of key performance indicators and metrics, ensure such key performance initiatives are reported in a timely and transparent manner.
  • Develop, prepare, deploy and communicate various standard and ad hoc analysis to both the Diagnostics L1 Team and the Envista Corporate team.
  • Develop and analyze business plans and models.
  • Analyze and approve capital expenditures.
  • Lead Finance strategy for Diagnostics.
  • Maintain internal controls to ensure books and records are maintained in accordance with both USGAAP, SOX and Statutory rules and adequate control over company assets.

Envista provides a wide range of dental products and services aimed at supporting dental professionals in their work. Their product portfolio includes dental implants, orthodontics, and digital imaging technologies, which together address about 90% of the clinical needs for diagnosing, treating, and preventing dental conditions. Envista's products work by offering tools and technologies that enhance the capabilities of dental professionals, allowing them to create healthier smiles and boost patient confidence. What sets Envista apart from its competitors is its commitment to continuous improvement and a strong partnership with dental professionals, ensuring that they receive the support they need throughout their practice. The company's goal is to empower dental professionals to excel in their field and to foster a collaborative environment where champions in dentistry can thrive.

Company Stage

IPO

Total Funding

N/A

Headquarters

Brea, California

Founded

2004

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased adoption of teledentistry expands service offerings and patient reach.
  • AI integration in dental imaging enhances diagnostic accuracy and treatment planning.
  • Sustainability initiatives align with Envista's ESG goals, gaining traction in dental practices.

What critics are saying

  • Emerging dental tech startups like Pearl and Overjet threaten market share.
  • Shift towards teledentistry may impact traditional product sales if not adapted.
  • Rising raw material costs, especially metals, could pressure profit margins.

What makes Envista unique

  • Envista covers 90% of dentists' clinical needs with a comprehensive product portfolio.
  • Envista's strong culture focuses on continuous improvement and deep customer focus.
  • Envista's proven Envista Business System (EBS) methodology enhances operational efficiency.

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