Full-Time

Vice President of Finance

Posted on 11/19/2024

SimplePractice

SimplePractice

201-500 employees

HIPAA-compliant EHR and practice management software

Enterprise Software
Healthcare

Compensation Overview

$270k - $310kAnnually

+ Bonus + Equity + Commission

Senior, Expert

Santa Monica, CA, USA + 1 more

More locations: Remote in USA

Open to remote candidates on the west coast.

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Data Analysis
Requirements
  • 10+ years of strategic finance experience (including operating experience at a well-established SaaS or other high-growth technology startup or company). Experience with product/marketing led growth businesses highly desired as well as experience in private equity or investment banking
  • Proven track record of creating insights that help drive company performance, margin expansion and growth
  • A proven leader with experience managing high performing, diverse teams with multiple direct reports covering different areas of business
  • Experience distilling complex ideas and financial models into actionable recommendations, enhancing communication across the organization
  • Capable of setting and owning annual plan and our operating budget, balancing competing priorities and interfacing with senior leadership
  • Able to collaborate with cross-functional partners at all levels in a fast-paced environment, leveraging your ability to influence and drive decision making
  • Excellence in financial modeling and analytics and familiarity with FP&A platforms such as Adaptive Planning
  • Strong quantitative, organizational and communications skills
  • Unquestionable integrity
Responsibilities
  • Define, report on and influence through the underlying operating levers that drive our performance. Eg, what are the operating metrics that ultimately will shift customer acquisition, NRR, payments adoption - own them and partner with Marketing, Product and the broader leadership team in a way that creates outcomes for our business
  • Create the framework and define the big rocks and the key performance outcomes for the annual plan. Be able to engage with and influence the management team to help prioritize initiatives and investments, growth targets, opex efficiency and capital allocation
  • Partner with the Controllership organization to provide detailed monthly, quarterly and annual finance results with a narrative on key performance trends, risks and opportunities. Partner with Analytics to drive visibility into key performance drivers. Provide the insights and visibility required of a private-equity backed company
  • Be a business partner and lead a team that helps our Marketing, Product and Engineering, G&A teams have visibility on their business and be a trusted advisor on how to drive performance improvement; new greenfield investments; or decisions that impact our cost structure. Guard our margins/P&L but have empathy to help solve business problems
  • Develop a thorough understanding of our business and our market to help derive and execute ideas to grow our business in areas such as product expansion, new revenue models and M&A
  • Proven ability to attract talent and build high-performing teams across FP&A and strategic business partner roles
  • Build operations that can scale. Leverage modern FP&A platforms, experiment with AI to give us the ability to build a world-class finance team
  • Have the intellectual capacity and get-stuff done attitude to dive in to help tangential areas, such as operational planning, M&A and partnerships

SimplePractice offers HIPAA-compliant electronic health records (EHR) and practice management software for therapists and health professionals. The software streamlines tasks like scheduling, documentation, and billing, allowing clinicians to focus on patient care. Clients pay a monthly subscription fee, with additional features like Telehealth and treatment planners available for extra costs. The company's goal is to enhance practice management for health professionals while ensuring compliance with healthcare regulations.

Company Stage

Acquired

Total Funding

N/A

Headquarters

Santa Monica, California

Founded

2012

Growth & Insights
Headcount

6 month growth

1%

1 year growth

1%

2 year growth

1%
Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition of Luminello assets could expand SimplePractice's market reach and enhance its service offerings.
  • Partnerships with companies like Lucet to provide behavioral health services to insurers can open new revenue streams and client bases.
  • The company's focus on addressing therapist burnout, as highlighted in their 2023 State of Therapist Well-Being Report, shows a commitment to improving practitioner well-being, which can enhance employee satisfaction and retention.

What critics are saying

  • The departure of key executives, such as the former CIO, could lead to strategic and operational disruptions.
  • The competitive landscape in healthcare technology is intense, with numerous players offering similar EHR and practice management solutions, which could impact market share.

What makes SimplePractice unique

  • SimplePractice's focus on HIPAA-compliant EHR and practice management software specifically tailored for therapists and health and wellness professionals sets it apart from more generalized healthcare solutions.
  • The subscription-based model with a variety of add-ons like Telehealth and Wiley Planners allows for customizable and scalable solutions, unlike competitors with one-size-fits-all offerings.
  • Their recent launch of a measurement-based care solution for patient progress tracking demonstrates a commitment to innovative, data-driven patient care.

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