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Full-Time

Vice President

Financial Planning & Analysis

Posted on 9/3/2024

Nextech Systems

Nextech Systems

201-500 employees

Cloud-based EHR and practice management solutions

Healthcare

Expert

Remote in USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Communications
Financial analysis
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in Finance, Accounting, or a related field; MBA or CPA preferred.
  • Minimum of 10 years of progressive experience in FP&A, finance, or related roles.
  • PE experience
  • SaaS experience
  • Experience working with a Board of Directors
  • Proven experience in building and leading high-performing teams.
  • A strategic thinker with the ability to translate financial insights into actionable business recommendations
  • Strong analytical, problem-solving, and strategic thinking skills.
  • Excellent communication and interpersonal skills, with the ability to influence and collaborate with executive leadership.
  • Proficiency in financial planning software and advanced Microsoft Excel skills.
  • Experience with Adaptive planning software is a plus.
Responsibilities
  • Lead the development of annual budgets, forecasts, and long-term financial plans.
  • Provide insightful financial analysis and reporting to support strategic decision-making.
  • Monitor financial performance, analyze variances, and identify opportunities for improvement.
  • Oversee cash flow forecasting and management.
  • Partner with executive leadership to develop and execute financial strategies aligned with business objectives.
  • Provide financial insights and recommendations to drive business growth, profitability, and operational efficiency.
  • Identify and evaluate financial risks and opportunities, and provide recommendations for mitigation and improvement.
  • Support M&A activities, including financial modeling, due diligence, and integration planning.
  • Prepare and present financial analyses, forecasts, and performance metrics to the Board of Directors as needed.
  • Establish key performance indicators (KPIs) and metrics to measure financial and operational performance.
  • Develop and maintain financial models to support scenario analysis, business planning, and risk management.
  • Work closely with business units and departments to provide financial support and guidance.
  • Collaborate with the accounting team to ensure accurate financial reporting and alignment with GAAP.
  • Foster a culture of continuous improvement and innovation within the FP&A team and across the organization.

Nextech Systems specializes in providing specialty-specific EHR (Electronic Health Records) software and practice management solutions optimized for various medical fields. With over 16,000 medical practices already using its cloud-based platform, Nextech offers a great environment for professionals to contribute to a well-established yet dynamically growing field. The company's commitment to advanced analytics and patient engagement features tailored to specialty providers ensures continual learning and career advancement opportunities, making it an appealing workplace for those passionate about technology and healthcare.

Company Stage

Acquired

Total Funding

N/A

Headquarters

Tampa, Florida

Founded

1997

Growth & Insights
Headcount

6 month growth

2%

1 year growth

2%

2 year growth

2%
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Simplify's Take

What believers are saying

  • The appointment of Rusty Frantz as CEO brings experienced leadership that could drive strategic growth and innovation.
  • Nextech's new AI-driven solutions have the potential to significantly improve operational efficiency and patient care, making it an attractive workplace for tech-savvy professionals.
  • Recognition as a Top 100 Healthcare Technology Company and Best in KLAS for Ambulatory Specialty EHR underscores Nextech's strong market position and reputation.

What critics are saying

  • The rapid integration of AI technologies may face resistance from both staff and patients who are cautious about AI in healthcare.
  • Dependence on specialty physician practices as a primary market could limit growth opportunities compared to more diversified healthcare IT providers.

What makes Nextech Systems unique

  • Nextech specializes in comprehensive technology solutions tailored specifically for specialty physician practices, setting it apart from more generalized healthcare IT providers.
  • The integration of AI solutions like AI Assistant, AI Scribe, and AI Support into their EHR system demonstrates Nextech's commitment to leveraging cutting-edge technology to enhance clinical and operational efficiency.
  • Nextech's recent accolades, including being named Best in KLAS for Ambulatory Specialty EHR and winning The Aesthetic Awards Best Practice Management Company, highlight its industry recognition and client satisfaction.
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