ABOUT US:
Rhythm Healthcare is a leading provider of DME, HME and Respiratory products in the medical equipment manufacturing industry. We exist to bring comfort, safety, independence and hope to people that connect with our brand. We are committed to ensuring that every customer feels valued and cared for. If you believe in our core values of Emotional Intelligence, Grit, Growth Mindset and Sincerity, we want you on our team. To learn more about us, visit our website at ww.rhythmhc.com.
JOB DESCRIPTION:
The Chief Financial Officer (CFO) at Rhythm Healthcare will be responsible for managing and leading the financial initiatives of the company. This role provides strategic leadership for our accounting and finance team, including Financial Reporting, FP&A, and Strategic Planning, while managing banking relations. As a key member of the Executive Team, the CFO will oversee all aspects of structured finance, cost control management, financial planning, cash management, tax and accounting, risk management, and financial reporting functions. Additionally, the CFO will build and lead a high- performing finance team in a remote environment. This highly visible leadership position will interact with investors and drive financial strategies to support the company’s continued growth.
The successful candidate will bring a strong background in capital raising and a comprehensive understanding of supply chain and inventory management. They will optimize cost control, working capital, and enhance supply chain efficiency through technology and performance metrics. The CFO will act as the Executive Financial Leader, collaborating closely with the CEO and Executive Team on operational and corporate finance strategy, focusing on long-term growth initiatives.
JOB RESPONSIBILITIES:
Financial Strategy and Planning:
- Develop and implement financial strategies aligned with the company's objectives and long-term goals
- Provide financial analysis, forecasting, and guidance to support strategic decision-making processes
- Drive financial planning, budgeting, and reporting processes
Financial Reporting and Compliance:
- Ensure accurate and timely financial reporting in compliance with accounting standards
- Oversee the preparation of financial statements, including balance sheets, income statements, and cash flow statements
- Cash flow planning and management
- Manage relationships with external auditors, tax advisors, and regulatory agencies
Cost Control:
- Ensure appropriate set up for cost control for operations and production
Risk Management:
- Identify and assess financial risks and opportunities and develop strategies to mitigate risks and capitalize on opportunities
- Establish and maintain internal controls to safeguard company assets and ensure compliance with financial regulations
Capital Acquisition & Management:
- Lead fundraising initiatives to secure capital for expansion through debt and equity raise activities
- Cultivate relationships with investors and financial institutions to drive the Company’s financial success
- Manage capital structure, including debt and equity financing, to optimize the company's cost of capital
- Evaluate investment opportunities and provide financial analysis to support capital allocation decisions
Oversee Investor Relations:
- Communicate the company's financial performance, strategy, and outlook to investors through regular reporting, conference calls, and presentations
- Collaborate with the company's legal and governance teams to ensure adherence to best practices in corporate governance and transparency
Team Leadership and Development:
- Build and lead a high-performing finance team, providing mentorship, guidance, and professional development opportunities
- Foster a culture of collaboration, accountability, and continuous improvement within the finance organization
QUALIFICATIONS:
- 15+ years in a progressively responsible financial leadership role, culminating as CFO, preferably in the manufacturing and/or distribution sector.
- Master’s degree in Finance, Accounting or MBA; CPA is highly desirable.
- Proven experience in optimizing cost control and working capital management through efficient supply chain and inventory strategies.
- Expertise in leveraging technology and performance metrics to enhance supply chain visibility, efficiency, and sustainability.
- Strong skills in risk management, supplier negotiations, and cross-functional collaboration to support business objectives and financial goals.
- Strong knowledge and experience with Generally Accepted Accounting Principles (GAAP) and ensuring compliance in financial reporting and accounting practices.
- Prior experience with M&A business transactions and post-acquisition integration.
- International manufacturing and supply chain experience preferred.
- Experience with financial software such as NetSuite, SAP, etc.
- The ability to impact and collaboratively lead a diverse stakeholder group ranging from the executive leaders, internal teams, partners, vendors and customers.
- Adept at building strong relationships and seamlessly able to partner with the current executive team.
- Demonstrated ability to lead and develop high-performing teams in a fast-paced, dynamic environment
- Initiative, persistence, an entrepreneurial spirit and energy with the desire to be part of a fast- growth environment.
- Outstanding interpersonal, communication, and presentation skills with the ability to communicate solution value propositions to the executive team and the wider organization.
