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Full-Time

VP of Finance

Confirmed live in the last 24 hours

Prenuvo

Prenuvo

201-500 employees

Offers radiation-free whole-body MRI scans

Healthcare
Consumer Goods

Senior, Expert

Remote in USA

Fully remote role; candidates from the US or Canada are welcome to apply.

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
NetSuite
Financial analysis
Requirements
  • 12+ years of finance experience, with a minimum of 4 years in a finance leadership role in a business with multi-site four-wall operations
  • Proven track record overseeing strategic and day-to-day financial and accounting operations
  • CPA and/or investment banking or corporate development experience preferred
  • Knowledgeable of international trade, regulatory and compliance matters as it pertains to finance function and overall company operations
  • Leadership and people-management experience, ability to lead a team in a fast paced environment
  • Nice to have experience: Capital / equipment intensive businesses, Health-tech / health system, International expansion, Familiarity with Netsuite ERP
Responsibilities
  • Develop and manage all aspects of the Company’s operational and strategic finance capabilities (70%) including:
  • Ensure both capital and operational budgets and forecasts are completely accurate, timely and aligned with the needs of the business, including revenue forecasting (timing, amount and type); gross and net margin expense forecasting, and cash flow forecasting
  • Work with department heads and regional operations leaders to deliver actionable financial insights and maintain and improve strong financial performance
  • Analyze complex financial data and present findings to various stakeholders
  • Play a key role in strategy and execution for any major acquisitions or partnerships
  • Build, inspire, and lead a high performing finance organization that delivers against company goals: clearly defined KPIs and performance measurement, roles, career paths, and employee success strategies
  • Oversee day-to-day financial and accounting operations (30%) including:
  • Timely and accurate preparation and review of monthly, quarterly and annual financial statements in accordance with GAAP
  • Cash flow management, AR, AP, financial controls and compliance matters
  • Effective billing and receivables processes, ensuring billing timeliness and accuracy, effective revenue recognition, no revenue leakage, and effective debt handling
  • Entire audit process, including managing relationships with outside auditors and generating audited financial statements
  • Federal, state and local tax matters, ensuring compliance with tax laws and timely preparation of all related tax filings
  • Relationships with outside lenders and investors, including compliance with and measurement of all bank reporting and covenant requirements

Prenuvo provides whole-body MRI scans for the early detection of over 500 types of cancers and diseases, using a radiation-free and non-invasive approach. The scans are quick, taking less than an hour, and do not require contrast agents, making them safer than traditional imaging methods. Targeting health-conscious individuals, Prenuvo operates in the preventive healthcare market and generates revenue through direct-to-consumer sales of its scanning services. The company's goal is to promote proactive healthcare by encouraging early detection, which can lead to more effective treatments and lower long-term healthcare costs.

Company Stage

Series A

Total Funding

$71.8M

Headquarters

Redwood City, California

Founded

2018

Growth & Insights
Headcount

6 month growth

31%

1 year growth

67%

2 year growth

223%
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Simplify's Take

What believers are saying

  • Prenuvo's 10-year, 100,000 participant study could validate the efficacy of whole-body MRI screening, potentially revolutionizing preventive healthcare.
  • Partnerships with entities like Sollis Health and HealthTunes enhance Prenuvo's service offerings, making scans more comprehensive and patient-friendly.
  • Celebrity endorsements and high-profile backers increase brand visibility and credibility, potentially driving consumer adoption and market growth.

What critics are saying

  • The high cost of scans, as highlighted by experts, may limit accessibility and adoption among the broader public.
  • Dependence on celebrity endorsements could backfire if public opinion shifts or if endorsements are perceived as inauthentic.

What makes Prenuvo unique

  • Prenuvo offers radiation-free whole-body MRI scans, setting it apart from traditional imaging techniques that involve ionizing radiation.
  • The company's focus on early detection of over 500 types of cancers and diseases through a single scan is unparalleled in the preventive healthcare market.
  • Prenuvo's direct-to-consumer model, including online booking and subscription plans, provides a unique and accessible approach to proactive health monitoring.

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