QUALIFICATIONS / EXPERIENCE REQUIRED:

Education:

• Bachelor’s degree in Finance, Accounting, Business Administration, or related field.
• Master’s degree in Finance, MBA, or professional certifications (e.g., CPA, CFA) is highly preferred.

Experience:

• 10+ years of experience in finance or accounting, with at least 5 years in a senior leadership role, ideally within the medical equipment or healthcare industry.
• Proven experience managing financial operations, financial planning, and analysis in the medical or manufacturing sectors.
• Knowledge of the unique regulatory, operational, and financial challenges in the medical equipment industry.
• Strong background in cost management, pricing, product development, and financial risk management.

JOB SUMMARY:

We are looking for an experienced and strategic General Manager - Finance to lead and manage the financial operations of our medical equipment company. This role is essential for maintaining the financial health of the business, overseeing budgeting, forecasting, financial reporting, and ensuring compliance with the industry’s specific regulations. The ideal candidate will bring deep expertise in financial management, cost control, regulatory compliance, and the unique financial challenges in the medical equipment sector.

RESPONSIBILITIES OF THE ROLE:

Financial Strategy & Leadership:

• Develop and implement financial strategies to align with the company’s growth objectives in the medical equipment sector.
• Lead the finance team, providing direction and oversight to ensure alignment with both short-term and long-term business goals.
• Collaborate with senior management to develop financial plans that support new product launches, R&D investments, and global market expansion.
• Drive the financial planning and analysis process, ensuring the financial resources are optimized and aligned with business operations.

Financial Reporting & Analysis:

• Oversee the preparation of accurate and timely monthly, quarterly, and annual financial statements and reports.
• Analyze financial data to identify trends, patterns, and variances, and provide actionable recommendations to senior leadership.
• Manage the preparation of financial forecasts and budgets, ensuring alignment with business priorities and market conditions.
• Present financial performance reports and analysis to the Board of Directors, senior management, and other stakeholders.

Cash Flow & Liquidity Management:

• Ensure effective cash flow management, monitoring liquidity and ensuring the availability of funds to meet operational needs.
• Develop strategies for optimizing working capital and minimizing financial risks.
• Oversee the management of investments, debt, and financing activities to ensure the company’s financial stability and growth.

Internal Controls & Compliance:

• Develop and maintain strong internal controls to safeguard the company’s assets and ensure compliance with relevant financial regulations and standards.
• Ensure compliance with all applicable tax, legal, and regulatory requirements, including coordinating audits, tax filings, and financial reporting obligations.
• Implement risk management strategies to identify and mitigate financial risks, including credit, currency, and interest rate risks.

Team Management & Development:

• Lead, manage, and develop the finance team, providing mentorship, training, and performance management to enhance team productivity and effectiveness.
• Set clear performance objectives, provide feedback, and conduct regular performance reviews to ensure the team’s goals are achieved.
• Foster a culture of continuous improvement, encouraging innovation and efficiency within the finance department.

Cost Control & Profitability:

• Monitor and manage company-wide expenses, ensuring cost-effective operations without compromising quality.
• Work closely with other departments (e.g., Operations, Marketing) to identify opportunities for cost savings and process optimization.
• Provide guidance on pricing strategies, margin analysis, and cost-effectiveness initiatives to improve profitability.

Strategic Planning & Decision Support:

• Provide strategic financial guidance to the CEO and other senior leaders to help shape business strategies and drive profitability in the medical equipment space.
• Support decision-making related to product development cycles, clinical trials, regulatory approvals, and manufacturing scale-up.
• Conduct sensitivity analysis and evaluate scenarios to guide management on the financial impact of key strategic decisions.