Chief Financial Officer (CFO)
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Chief Financial Officer (CFO)

Glen Allen, VA

At GENETWORx Laboratory, we improve the health and wellness of lives around the world through dedicated research, experienced scientists, 21-st century technology, and in-depth diagnostics. Healthcare is personal and as such, the future needs to be, too. By intersecting genetic testing with personalized medicine and pharmacogenomics, we’re positioning our patients and empowering physicians with more precise, individualized, effective results.
As a leader in precision COVID-19 testing, GENETWORx provides unparalleled support, results, and clarity during these uncertain times. GENETWORx has armed healthcare providers, employers and universities with rapid and accurate COVID-19 diagnostic and antibody testing which is essential for reopening businesses and communities.

Summary

GENETWORx is seeking a Chief Financial Officer to oversee the planning, implementation, managing and running of all finance related activities for the company, including business planning, budgeting, forecasting and negotiations. GENETWORx is seeking a growth-oriented executive who has made their mark in the public arena and is inspired and driven to build upon their success. The CFO will perform effective risk management and plan GENETWORx’s financial strategy, while actively investigating and safeguarding the company’s finances. The CFO will lead GENETWORx’s finance team to position the company as an innovator in the dynamic and ever-changing pharmacogenomics industry. In this executive leadership role, s/he will work to further develop GENETWORx’s finance and accounting capabilities with a focus on providing best in class financial leadership in developing scalable processes and solutions for long-term growth. The candidate’s strong experience across genomics, pharma and/or digital media to design, lead, and execute dynamic business strategies will act as an accelerant for our already rapid growth. The CFO will protect the company’s revenues and profits to achieve full financial control and sustainable growth, as well as execute multiple high impact initiatives to achieve overall corporate goal.

Responsibilities

  • Be a business partner to the CEO and a key member of the Senior Leadership Team
  • Contribute to financial strategic plans and delivering results
  • Develop financial models to assist in the decision making process
  • Ensures achievement of business/functional financial targets by monitoring spending, providing insight and early warning
  • Identifies and monitors areas of risk and/or opportunity and their financial impact on the business/function
  • Develops specific business metrics that support timely and actionable information flow for daily operational and long-term strategic planning purposes
  • Oversee processes for the monitoring of risks and opportunities and interim changes to manage working P&L between forecasts
  • Responsible for processes to provide business/financial analysis and decision support that allows management to evaluate alternatives, make fact-based decisions, and evaluate the consequences of decisions.
  • Prepare and deliver presentations in support of Business Unit, including monthly Management Business Reviews and semi-annual deep-dive Business Unit reviews
  • Understands business partner/client markets and translates strategy into proactive plans to enable successful achievement of business results
  • Prepare and monitor annual budgets
  • Provide strategic direction of all financial functions including accounting, budget, credit, insurance, tax, and treasury
  • Ensure that proper financial controls are in place and that financial transactions support the overall business strategy while conforming with applicable laws and regulations
  • Responsible for the development of functional or business unit strategy for the entire organization
  • Defines corporate vision and strategy to establish company direction and focus
  • Identify problems, analyze information, develop alternative approaches, and recommend solutions in matters related to financial management
  • Organize and delegate tasks, set priorities, and establish workflow
  • Work effectively in a team environment that emphasizes creativity, self-direction and active decision making participation by providing constructive feedback and support
  • Work in an environment of constantly changing priorities and to alternate between projects and tasks to meet conflicting deadlines
  • Analyze financial information, practices and procedures, recognize relationships among proposals, define problems, formulate logical conclusions, develop alternative solutions and implement recommendations
  • Demonstrated knowledge of general and public accounting, principles, practices and theories
  • Oversees investment of funds and works with investment bankers to raise additional capital required for growth

Qualifications

  • 4-year business degree plus MBA
  • CPA preferred
  • 10 or more years of progressive experience in executive management and finance
  • 10 or more years experience engaging with investors and a strong track record of creating positive relations with the investor community
  • Experience leading financings for large and/or small cap life sciences companies
  • Proven capital raise and public interest experience
  • Broad experience with domestic finance function
  • Well-versed in all aspects of financial management ranging from simple accounting to investment banking operations
  • Strong communication and leadership skills based on a broad spectrum of business experiences in various industries
  • Excellent data analytical skills required; experience working with data analytics software such as Tableau, strongly preferred

Compensation: TBD

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