POSITION SUMMARY

The CFO is responsible for reviewing potential strategic business partnerships for operational and financial opportunities and risks. As a true business partner to the CEO, this individual is responsible for the overall organizational performance regarding both the annual budget and the brand’s long-term strategy. They will develop tools and systems to provide critical financial and operational information to the CEO and make actionable recommendations on both strategy and operations. This individual ensures that long-term budgetary planning and cost management are in alignment with the brand's strategic plan, especially as the organization considers sponsorships, potential acquisitions, and collaborations with external organizations.

ABOUT THE COMPANY

10X Health System is a pioneering company at the forefront of the health and wellness industry, dedicated to revolutionizing the way individuals approach their personal health and well-being. With a philosophy rooted in the principle that optimal health is the foundation for a life lived to the fullest, 10X Health provides cutting-edge solutions and personalized health plans designed to empower individuals to achieve and maintain peak physical and mental performance.

The company's comprehensive approach to health combines the latest advances in medical science, nutrition, fitness, and technology to offer a suite of services that include state-of-the-art diagnostic testing, individualized treatment protocols, and ongoing support from a team of world-class health professionals. 10X Health's commitment to innovation and results has established it as a leader in the health optimization space, catering to those who strive to push the boundaries of what is possible in their health journey.

SUCCESS LOOKS LIKE

Shaping the future of the company by serving as a strategic partner of the executive team and aligning financial and operational strategies with long-term business goals
Creating and implementing a robust financial/operational strategy that is aligned with the company and its subsidiaries’ long-term goals, ensuring sustainable growth
Ensuring that financial strategies developed balance the operational workflows in order to guide better decision-making that drive the company forward

OBJECTIVES

Collaborate with the CEO and President to develop the company's strategic goals and translate into actionable plans
Identify and mitigate operational & financial risks to ensure compliance with regulations.
Develop, establish, and update financial strategies by using financial and accounting information to inform strategic thinking and direction and by establishing functional objectives in line with organizational objectives
Monitor financial performance by measuring and analyzing results, initiating corrective actions, and minimizing the impact of variances where cost control is required
Oversee budget development process to ensure alignment with company goals and inform decisions
Monitor, implement, and update strategic tax planning for the company and subsidiary entities
Lead change initiatives and organizational transformations to adapt to evolving business needs, and effectively communicate change across the organization
Collaborate with external partners, vendors, and suppliers to optimize relationships and drive operational excellence
Monitor expenses and resource allocation to ensure financial objectives are met
Oversee financial due diligence and integration and strategy for acquisitions
Partnership and acquisition contract review and financial model consultation
Represent the company to financial partners, including financial institutions, investors, executives, auditors, public officials, etc.
Conduct recurring leadership development conversations, developing/coaching team members including bi weekly 1:1s, effectively determine incentive payout, and give transformational performance feedback

COMPETENCIES

Expert knowledge in Accounting & GAAP, understanding the growth and complexities of Accounting as the business grows, impact of changing accounting on the business' financials
Expert knowledge of taxation and corporate structures
Ability to develop structures and financial impact on partnerships, transactions and taxations
Ability to get accounting measures prepared for going public
Demonstrates competency regarding cash to accrual basis, prepare for potential audits, prepare the infrastructure and reporting
Expert in financial forecasting - building out financial models and providing input
Understanding of all revenue streams and expense buckets that go into the model
Ability to coach around financial models that have multiple variables or components
Experience with M&A Activity, due diligence
Ability to build out and approve department budgets to prepare for headcount, technology implementation...etc.
Ability to read contracts and understand its potential effects on the financials (i.e partnerships, vendor agreements..etc)

EDUCATION AND EXPERIENCE

Master of Business Administration (MBA), Bachelor’s Degree in Business, Finance, or Accounting, or equivalent experience
Multi-entity/subsidiary experience
At least 10 years’ experience as a CFO in financial-management firms
Required experience: private equity, raising capital debt equity, mergers and acquisitions, multi location expansion and operations, and consolidations/roll up

PHYSICAL REQUIREMENTS

Prolonged periods sitting at a desk and working on a computer
This position will require travel: up to 50%

COMMITMENT TO DIVERSITY

As an equal opportunity employer committed to meeting the needs of a multigenerational and multicultural workforce we recognize that a diverse staff, reflective of our community, is an integral and welcome part of a successful and ethical business. We hire local talent at all levels regardless of race, color, religion, age, national origin, gender, gender identity, sexual orientation or disability, and actively foster inclusion in all forms both within our company and across interactions with clients, candidates and partners.

10X Health System

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