Director of Finance - PrepMD : Job Details

About PrepMD

PrepMD was founded as a cardiac training company to address the need for trained cardiac device specialists and has since expanded to include cardiovascular and electrophysiology training, medical device staffing services, and remote cardiac monitoring services. Since its founding in 2009, PrepMD has trained over 1500 individuals through comprehensive online and onsite training solutions. PrepMD LLC provides corporate and clinical onsite and online training programs for companies and healthcare providers. PrepMD Professionals LLC offers a network of highly trained and experienced in-clinical professionals to meet long-term staffing requirements. PrepMD RMS LLC is a leading cardiac device remote monitoring technology and service provider, offering customized solutions to device clinics ranging from 20 to over 15,000 remotely monitored patients.

PrepMD Mission Statement

At PrepMD we foster an environment of learning and discovery to promote superior service for our clients. By promoting a collaborative, research-based working environment it enhances the delivery of care for all clients. Accurate and timely reporting is the hallmark of our daily mission.

Director of Finance:

The Director of Finance will play a critical role at PrepMD by providing strategic financial analysis, forecasting, and reporting to aid in high-level decision-making. This individual will work directly with our CEO, and stakeholders across the organization to analyze financial data, develop forecasts, and provide actionable insights to drive business performance.

Job Responsibilities:

• Lead the annual budgeting and quarterly forecasting processes, collaborating with department heads to develop accurate and achievable financial plans.
• Lead the preparation of monthly, quarterly, and annual financial reports, providing variance analysis and actionable insights to the senior management team.
• Lead the development and maintenance of complex financial models to support strategic initiatives, scenario planning, and decision-making.
• Direct the financial evaluation of key business decisions, including pricing strategies, investment opportunities, and cost optimization initiatives.
• Manage external relations by preparing comprehensive financial presentations and other materials for potential investor meetings and conference calls.
• Serve as the primary point of contact for investors, analysts, and financial institutions, ensuring transparent and effective communication.
• Develop strategies to attract and secure investment, support fundraising efforts, and manage relationships with current and potential investors.
• Conduct banking analysis, including cash flow forecasting, covenant compliance monitoring, and relationship management with banking partners.
• Collaborate cross-functionally with all other departments to ensure accurate and timely financial reporting and alignment on financial goals.
• Identify trends, opportunities, and risks and communicate findings to senior management to support strategic planning efforts.
• Assist in preparing presentations and materials for executive leadership and board meetings, providing clear and concise explanations of financial performance and trends.

Requirements:

• MBA in Finance, Accounting, Economics, or a related field is required.
• 5-7 years of experience in financial planning and analysis, preferably in a corporate finance or FP&A role.
• Strong proficiency in financial modeling and analysis, with advanced Excel skills; experience with financial software (e.g., Quickbooks Online) is a plus.
• Solid understanding of accounting principles and financial statements.
• Excellent analytical skills with the ability to translate data into actionable insights and recommendations.
• Strong communication and presentation skills, with the ability to effectively communicate complex financial concepts to non-financial stakeholders.
• Proven ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Detail-oriented with a commitment to accuracy and quality.

Physical Requirements:

• Prolonged periods of sitting at a desk and working on a computer
• Must be able to lift up to 15lbs at times