Vice President of Finance

About XRHealth

XRHealth is an innovative digital health company combining extended reality (XR) technologies with evidence-based therapeutic protocols. Our FDA-cleared solutions provide immersive rehabilitation and mental health care in both clinical and home environments. As we expand our market presence and pursue strategic growth via partnerships, mergers and acquisitions (M&A), and novel care delivery methods, we are establishing a premier finance function to support this evolution.

Role Overview

The Vice President of Finance will act as a strategic partner to the CEO and executive leadership, offering hands-on, impactful financial leadership. This role entails ownership of comprehensive financial planning, detailed reporting, and operational finance functions, while informing the company's growth strategies through detailed financial analysis and prudent decision-making.

Key Responsibilities

• Lead creation of annual budgets, long-term financial models, and rolling forecasts collaborating with the CEO and departmental leaders.
• Maintain financial models supporting strategic initiatives like pricing, market extensions, alliances, and capital deployment.
• Deliver clear, actionable financial insights to the executive team and Board.
• Ensure timely, accurate preparation of monthly, quarterly, and annual financial reports aligned with GAAP standards.
• Strengthen and oversee internal financial controls, policies, and procedures across organizational entities.
• Manage relationships with external auditors, tax consultants, and financial institutions.
• Collaborate with Revenue Cycle, Clinical Operations, and Commercial units to enhance revenue recognition, billing, and reimbursement cycles.
• Administer cash flow, treasury functions, and optimize working capital management.
• Upgrade financial systems and reporting tools for better scalability and efficiency.
• Lead financial diligence, structuring, and integration for acquisitions, partnerships, and agreements.
• Develop financial models for transaction evaluations including valuations, earnouts, and future profit/loss projections.
• Build and nurture a skilled finance team to support organizational growth.
• Work cross-functionally with HR, Legal, Operations, and Commercial leadership.
• Prepare financial presentations and materials for Board members and investors.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or related fields; MBA or CPA highly preferred.
• 8 to 12+ years in finance with 3 to 5 years in senior leadership roles.
• Demonstrated experience in healthcare, digital health, SaaS, or life sciences sectors.
• Strong knowledge of GAAP principles, financial modeling, and reporting.
• Ability to thrive in fast-paced, high-growth, lean environments.
• Experience engaging in M&A processes, due diligence, and post-transaction finance integration.
• Excellent communication skills able to simplify complex financial information for diverse audiences.
• Preferred experience with multi-entity corporate accounting and intercompany transactions.
• Familiarity with healthcare revenue cycles, insurance claims, or durable medical equipment (DME) billing.
• Background in supporting venture-backed or private equity-backed companies valued.
• Proficiency with NetSuite, Rippling, or comparable ERP/HRIS platforms.

Work Model

This position is hybrid, based near Needham, MA, requiring regular presence at our Boston headquarters and offering remote work flexibility. Occasional travel may be needed for investor interactions, site visits, and corporate development engagements.

Compensation and Benefits

• Competitive base salary reflective of experience.
• Performance-driven bonus incentives.
• Equity participation opportunities.
• Comprehensive medical, dental, and vision insurance plans.
• 401(k) retirement savings plan.
• Flexible paid time off and observed holidays.
• Opportunity to advance with a mission-focused company revolutionizing healthcare delivery.