Overview
Wellth is a fast-growing digital health startup headquartered in Los Angeles, CA. Our mission is to help people living with chronic conditions make healthier choices, every day.
Chronic disease is one of the largest challenges facing our nation. This challenge is largely created due to patient non-adherence to medications and care plans. Specifically, only ~50% of people with chronic conditions follow their care plan as prescribed. This creates enormous health and economic burdens on individuals, families, and communities that are largely preventable.
Our platform deploys evidence-based interventions from behavioral economics through a mobile app which dramatically improves patient adherence, health outcomes, and costs of care. Wellth is at the forefront of designing powerful new tools rooted in behavioral science to deliver value to our customers, healthcare providers and insurers.
Behavioral Economics is at the heart of what we do. If you are a fan of books like Nudge, Freakonomics, and Predictably Irrational and were as excited as us when a Nobel Prize went to a professor of behavioral economics, then this is the place for you!
Help us build and scale a platform that is helping hundreds of patients manage their care plan and improve their health. Visit us at www.wellthapp.com for more information.
Description
This is an opportunity to join a fast growing digital health startup aimed at improving people’s lives and health. If you’re competitive, energetic, a self-starter, thrive on setting challenging goals for yourself and holding yourself to them: this is a great role for you. You’ll be “the face of Wellth” to many as you’ll be the first point of contact for many inbound and outbound interactions.
Role Summary
As the VP of Finance, you will have an unique opportunity to be the first in Wellth’s Finance department to support and build out the infrastructure and team for Wellth’s success.
In this highly valued role, you will be able to leverage your experience to support our commercial, operations, financial, and strategy departments in various areas including but not limited to financial modeling, forecasting, reporting, pricing, budgeting, process workflow, and business decision-making. You will also provide financial visibility and guidance to senior leadership across Wellth along with interfacing with our Board of Directors in Investor Relations capacity and any future funding needs.
Key Areas of Responsibility
- Influence and facilitate business leaders to set short and long-term strategy to drive profitable future revenue growth
- Prepare and lead the financial forecast planning cycles (monthly, quarterly, annually) for all business units and collaborate with the CEO to ensure accurate consolidation into overall plans
- Review and drive the planning, forecasting, and budgeting process for areas of responsibility to maximize profitable returns and long-term growth in alignment with corporate goals and priorities
- Report, analyze, and translate data into key insights that drive strategic decision making at the executive level
- Analyze financial performance results, trends, and opportunities to recommend strategies to increase revenue and profitability
- Establish and manage KPIs and an effective oversight process to enable rapid business decisions while mitigating risk
- Prepare and deliver financial presentations and QBRs to a variety of stakeholders, including Finance and Executive teams, board members, shareholders, and external customers
- Lead the strategy for pricing deals and influence product pricing for large contracts, customers, and deals
- Involved in Month-End close and Accounting decisions
- Oversee Payroll with a strong understanding of payroll compliance
- Contribute as needed to investor relations activities, financial audits and other activities in support of the corporate finance team success
- Prepare and present financial results and recommendations in a succinct and polished manner
- Build out infrastructure, policies, and operations of the finance department
- Assist with systems and process implementations, helping to assess impact on financial planning, reporting and analysis capabilities
- Demonstrate a high level of personal accountability, innovative thinking and process improvement day to day
- Attract, develop, and retain outstanding Finance talent. Lead and develop a high performing team of Finance professionals
- Prepare and present clear, concise, and relevant information that advance the dialogue and enable strong business decisions
Education and Experience
- Bachelor's degree in finance, accounting, or related field required
- 8-12 years of relevant work experience in commercial or corporate finance, management consulting, investment banking, or private equity
- 4+ years of applicable management experience
- Possesses depth of technical knowledge in function derived from experience in non-management and middle management roles
- Clear understanding of finance operations and how to scale a financial team/department
- Strong knowledge of GAAP and key accounting & revenue recognition principles
- Fluent understanding of P&L dynamics and unit economics
- Highly organized and process-oriented; strong attention to detail
- Capable of running point on projects and escalating as necessary
- Demonstrated ability to coordinate information across multiple business units and build effective business relationships within an organization
- Ability to demonstrate poise and professionalism in front of senior leaders
- Understand the value of producing clean work product, even for internal purposes
- Strong team player skills with the ability to work harmoniously in a diverse workforce preferred
- MBA highly preferred
- Industry experience, including health plan (payor), is a strong plus
Some of the great perks of working at Wellth
- Be a part of the solution that is helping to fix all aspects of healthcare (from provider to payer to most importantly, the person seeking care).
- A take it as you need it (and pushed/encouraged to take it) vacation and PTO policy and eight annual holidays with two additional flex holidays
- Competitive salary & commission structure
- Health, dental, vision insurance along with FSA/HSA plans
- The ability to have a positive impact on people who need it most
- The support of a highly dedicated team focused on building the future of healthcare
Wellth is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.
We are unable to sponsor visas.