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VP of Finance

Daybreak Health LogoDaybreak Health


Date Posted

12 Jul, 2023

Salary Offered

$190000 — $210000 yearly

Job Type

Full Time

Experience Required

6+ years

Remote Work

Allowed

Stock Options

Yes

Vacancies

1 available


About Daybreak

Daybreak Health (http://www.daybreakhealth.com/) is creating a world where every young person can access—and benefit from—mental health support. We provide evidence-based virtual therapy with licensed clinicians to kids ages 6-19. We do this primarily by partnering with school districts to provide free, accessible mental health care to all kids.

We’re a YC-backed company that raised its Seed from Maven Ventures and Series A from Lightspeed Ventures (a Top 10 VC). We’ve had tremendous success in the past 2 years and are growing quickly and efficiently. We’re hiring for critical roles to continue our acceleration and national expansion.

As a team, we are all aligned with our North Star mission. We collaborate and execute incredibly well by doing more with less (we value efficiency and output over hours worked!) and we communicate clearly using writing (vs. unnecessary meetings). We are fully remote with team members across the country and will stay that way. We value mental health: the willingness to be vulnerable is a requirement to join Daybreak. We have regular mental health days (at least once per quarter!). Last but not least, we value fun and hold regular virtual and in-person activities.

Who you are

You are an experienced Finance leader who is excited about getting in at the Growth stage of a fast-growing, operationally complex startup.  You're eager to roll up your sleeves and build out the Finance function from the ground up with the CEO, and want to make an impact on both the day-to-day operations as well as the strategy of the company.

You're not above doing executing on the day to day as the first Finance hire - and will always make sure our bills get paid and payroll gets run.   But you also have a vision for how to grow the Finance function over time, and can be a strategic partner to the CEO on driving everything from critical business decisions to fundraising

You're excited about building out a Finance team while also standing up and managing the HR and Business Operations functions.

Responsibilities:

Run and build the Finance function at Daybreak

  • Develop and implement financial strategies and plans to support the Daybreak’s growth objectives and long-term financial sustainability.
  • Run FP&A - including our strategic financial planning and budgeting process
  • Review monthly spend and financials for budget accountability
  • Oversee all audit and internal control operations
  • Evaluate and optimize financial systems to increase efficiency and accuracy, recommending and implementing improvements as needed.
  • Manage the day-to-day financial operations of the company, including cash flow management, accounts payable and receivable, payroll, and financial systems.
    • Own billing and collections
    • Own payroll process
    • Own monthly revenue recognition process
  • Prepare financial reports and analyses for the executive team and board of directors, providing insights and recommendations to drive informed decision-making.
  • Partner with CEO on fundraising strategy and execution

Oversee Human Resources

  • Oversee Human Resources and build out an HR team

Business Operations and Analytics

  • Oversee Business Operations, including running our Quarterly Planning Process across the company

Qualifications:

  1. Proven experience (8+ years) in financial management at a startup, with at least 3 years in a leadership role overseeing finance functions.
  2. Demonstrated expertise in financial planning and analysis, budgeting, forecasting, and financial modeling.
  3. Exceptional analytical and problem-solving skills, with the ability to translate complex financial data into actionable insights.
  4. Strong leadership and management abilities, with a track record of building and leading high-performing teams.
  5. Excellent communication and presentation skills, with the ability to convey financial information to both financial and non-financial stakeholders effectively.
  6. Experience in healthcare services is a plus, including knowledge of healthcare finance, reimbursement models, and regulatory requirements.

About Daybreak Health

Daybreak Health Logo

The first digital mental health system for youth

Company Size: 11 - 50 People
Year Founded: 2020
Country: United States

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