Role Overview for Chief Financial Officer – New York, NY
JRG Partners is proud to announce an exclusive search for a transformative Chief Financial Officer (CFO) on behalf of our client, a pioneering and rapidly expanding medical device company headquartered in the vibrant heart of New York, NY. This is a rare opportunity to join the executive leadership team of a company that is fundamentally changing patient outcomes through groundbreaking technology. Our client, backed by top-tier venture capital, is at a critical and exciting inflection point, poised for exponential growth, market expansion, and a potential future liquidity event.
As the Chief Financial Officer, you will be more than a financial steward; you will be a strategic co-pilot to the Chief Executive Officer and a key advisor to the Board of Directors. You will be instrumental in shaping the company’s future, providing the financial leadership, strategic vision, and operational rigor necessary to scale the organization effectively and sustainably.
This role requires a dynamic leader who can seamlessly transition between high-level strategy—such as capital allocation, mergers and acquisitions, and investor relations—and hands-on operational oversight of the entire finance and accounting function.
You will be responsible for building and mentoring a world-class finance organization, fostering a culture of accountability, data-driven decision-making, and continuous improvement. The ideal candidate will bring a wealth of experience from the medical device or life sciences sector, a proven track record of success in high-growth environments, and an unwavering commitment to ethical leadership and financial integrity.
Key Responsibilities of Chief Financial Officer – New York, NY
The CFO will have a broad range of responsibilities, overseeing all financial aspects of the company. Key duties include:
Strategic Financial Leadership & Investor Relations
- Act as a key strategic partner to the CEO and executive team, providing critical financial insights, risk analysis, and strategic recommendations on all major business decisions.
- Develop and execute the company’s long-term financial strategy, including robust financial models, long-range plans, and scenario analyses to support strategic growth initiatives.
- Lead all capital-raising activities, including equity and debt financing rounds, by preparing compelling financial narratives, managing due diligence processes, and negotiating terms.
- Spearhead the financial evaluation of M&A opportunities, strategic partnerships, and licensing deals from initial assessment through to post-acquisition integration.
- Manage all investor relations functions, serving as a primary point of contact for investors, analysts, and the financial community. Prepare board presentations, investor updates, and materials for shareholder meetings.
Financial Planning & Analysis (FP&A)
- Direct the entire FP&A function, including the annual budgeting process, quarterly forecasting, and long-term financial planning.
- Establish and maintain a sophisticated KPI dashboard to monitor business performance against strategic goals, providing timely and insightful analysis of variances and trends.
- Partner with department heads to provide financial guidance, improve budget ownership, and drive operational efficiencies across the organization.
- Analyze the financial viability of new product launches, market entry strategies, and capital expenditure projects to ensure a strong return on investment.
Accounting, Control, and Compliance
- Oversee all accounting operations, including General Ledger, A/P, A/R, Revenue Recognition, and Payroll, ensuring accuracy and timeliness in accordance with US GAAP.
- Manage the monthly, quarterly, and annual financial close processes, delivering precise and timely financial statements and reports for internal and external stakeholders.
- Design, implement, and maintain a robust system of internal controls to safeguard company assets and ensure compliance with all regulatory requirements, including Sarbanes-Oxley (SOX) if applicable.
- Serve as the primary liaison with external auditors, managing the annual audit process to ensure a clean and timely opinion. Oversee all tax planning and compliance activities.
- Ensure the company is compliant with all local, state, federal, and international financial regulations, including navigating complex FDA regulations that impact financial reporting and operations in the medical device sector.
Treasury and Capital Management
- Develop and implement effective cash management and treasury strategies to optimize liquidity, manage working capital, and mitigate financial risk.
- Oversee the company’s capital structure, managing banking relationships, credit facilities, and investment policies.
- Manage foreign exchange risk and other financial risks associated with international operations and expansion.
Requirements for the Chief Financial Officer – New York, NY
We are seeking a seasoned and strategic finance executive with a deep understanding of the medical device industry and a passion for driving growth and innovation.
Required Qualifications:
Education
Bachelor’s degree in Accounting, Finance, or a related field is required.
Certification
Active CPA license is mandatory.
Experience
A minimum of 15 years of progressive financial experience, with at least 5-7 years in a senior leadership role (e.g., CFO, VP of Finance) within the medical device, biotechnology, or life sciences industry.
Capital Raising
Demonstrable track record of successfully raising significant capital through venture capital, private equity, and/or public markets (IPO).
M&A Expertise
Extensive, hands-on experience leading the financial aspects of mergers and acquisitions, from diligence and valuation to negotiation and integration.
Technical Acumen
Deep expertise in US GAAP, financial reporting, and SEC regulations. Experience in a SOX-compliant environment is highly desirable.
Leadership
Proven ability to build, lead, and mentor high-performing finance teams. Exceptional communication, presentation, and interpersonal skills, with the ability to influence and build credibility across all levels of the organization.
Preferred Qualifications:
- An MBA from a top-tier business school is highly preferred.
- Experience successfully leading a company through an Initial Public Offering (IPO) process.
- Prior experience working in a private equity-backed company, with a strong understanding of the associated reporting and value-creation requirements.
- Experience with international finance, including managing multi-currency operations and global expansion.
- Proficiency with modern, scalable ERP systems (e.g., NetSuite, SAP S/4HANA) and business intelligence tools.
Benefits & Perks Offered
Our client offers a highly competitive and comprehensive executive compensation package designed to attract and retain top-tier talent. This includes:
- A competitive base salary and a significant performance-based annual bonus.
- A substantial equity stake in the company, providing a meaningful opportunity for wealth creation.
- Comprehensive benefits package, including premium medical, dental, and vision insurance for you and your dependents.
- A 401(k) retirement plan with a generous company matching contribution.
- Generous paid time off (PTO), sick leave, and paid company holidays.
- A dedicated budget for professional development, executive coaching, and continuing education.
- Relocation assistance is available for exceptional candidates.
- Additional perks such as commuter benefits, wellness programs, and a dynamic, collaborative work environment in New York City.
How to Apply
JRG Partners is the exclusive recruitment partner for this confidential search. If you are a visionary financial leader with the requisite experience in the medical device industry and are ready to make a significant impact on a high-growth company, we encourage you to apply. All applications will be treated with the strictest confidence.
To be considered for this pivotal role, please submit your resume and a cover letter. For more information about our expertise in this area, please visit JRG Partners’ Finance & Accounting practice page. We look forward to reviewing your qualifications.
