Vice President of Finance

Posted 3.20.24
Location
Remote

Modern Health 

Modern Health is a mental health benefits platform for employers. We are the first global mental health solution to offer employees access to one-on-one, group, and self-serve digital resources for their emotional, professional, social, financial, and physical well-being needs—all within a single platform. Whether someone wants to proactively manage stress or treat depression, Modern Health guides people to the right care at the right time. We empower companies to help all their employees be the best version of themselves, and believe in meeting people wherever they are in their mental health journey.

We are a female-founded company backed by investors like Kleiner Perkins, Founders Fund, John Doerr, Y Combinator, and Battery Ventures. We partner with 500+ global companies like Lyft, Electronic Arts, Pixar, Clif Bar, Okta, and Udemy that are taking a proactive approach to mental health care for their employees. Modern Health has raised more than $170 million in less than two years with a valuation of $1.17 billion, making Modern Health the fastest entirely female-founded company in the U.S. to reach unicorn status. 

We tripled our headcount in 2021 and as a hyper-growth company with a fully remote workforce, we prioritize our people-first culture (winning awards including Fortune’s Best Workplaces in the Bay Area 2021). To protect our culture and help our team stay connected, we require overlapping hours for everyone. While many roles may function from anywhere in the world—see individual job listing for more—team members who live outside the Pacific time zone must be comfortable working early in the morning or late at night; all full-time employees must work at least six hours between 8 am and 5 pm Pacific time each workday. 

We are looking for driven, creative, and passionate individuals to join in our mission. An inclusive and diverse culture are key components of mental well-being in the workplace, and that starts with how we build our own team. If you’re excited about a role, we’d love to hear from you!

The Role

This is a high-impact, high-visibility role where you will collaborate closely with the CFO and the leadership team to shape and execute our financial strategy. As the VP of Finance, you will be instrumental in developing and managing our financial strategy, overseeing all financial planning processes, and providing key insights to guide strategic decisions. This role will lead a team and will report directly to the CFO. 

This position is not eligible to be performed in Hawaii.

What You’ll Do

  • Work closely with the executive team on continuously crafting, assessing, and executing our financial strategy
  • Own and enhance company-wide financial and strategic planning, including forecasting, long-range planning, and budgeting
  • Collaborate closely with GTM teams on revenue strategy, planning, and forecasting
  • Conduct in-depth financial analyses to support key strategic decisions, including market expansion, mergers and acquisitions, resource allocation, and growth initiatives
  • Develop and deliver strategic financial presentations to the executive team and external stakeholders (BoD, investors, etc.)
  • Provide strategic guidance on capital allocation, fundraising, and financial risk management
  • Serve as a thought-partner to leaders across the organization on strategy and develop a shared vision for how we scale efficiently
  • Partner with stakeholders across the org to streamline financial operations

Who You Are

  • 10+ years of experience in corporate finance, investment banking, consulting, and/or private equity
  • Proven experience in building and leading teams in a fast-paced startup environment
  • Background in a high-growth SaaS and/or Healthcare company with >$100M in ARR
  • Demonstrated success in leading high-impact cross-functional projects and building efficient processes
  • Ability to operate strategically while being hands-on and diving into the details when necessary
  • Proficient in developing and presenting complex financial issues in a clear and compelling manner
  • Humble, scrappy, and thrive in a dynamic and fast-paced environment

Benefits

Fundamentals:

  • Medical / Dental / Vision / Disability / Life Insurance 
  • High Deductible Health Plan with Health Savings Account (HSA) option
  • Flexible Spending Account (FSA)
  • Access to coaches and therapists through Modern Health’s platform
  • Generous Time Off 
  • Company-wide Collective Pause Days 

Family Support:

  • Parental Leave Policy 
  • Family Forming Benefit through Carrot
  • Family Assistance Benefit through UrbanSitter

Professional Development:

  • Professional Development Stipend

Financial Wellness:

  • 401k
  • Financial Planning Benefit through Origin

But wait there’s more…! 

  • Annual Wellness Stipend to use on items that promote your overall well being 
  • New Hire Stipend to help cover work-from-home setup costs
  • ModSquad Community: Virtual events like active ERGs, holiday themed activities, team-building events and more
  • Monthly Cell Phone Reimbursement

Equal Pay for Equal Work Act Information

Please refer to the ranges below to find the starting annual pay range for individuals applying to work remotely from the following locations for this role.

Compensation for the role will depend on a number of factors, including a candidate’s qualifications, skills, competencies, and experience and may fall outside of the range shown. Ranges are not necessarily indicative of the associated starting pay range in other locations. Full-time employees are also eligible for Modern Health’s equity program and incredible benefits package. See our Careers page for more information.

Depending on the scope of the role, some ranges are indicative of On Target Earnings (OTE) and includes both base pay and commission at 100% achievement of established targets.

Pay Range
$260,000$300,000 USD

Below, we are asking you to complete identity information for the Equal Employment Opportunity Commission (EEOC). While we are required by law to ask these questions in the format provided by the EEOC, at Modern Health we know that gender is not binary, and we recognize that these categories do not reflect our employees’ full range of identities.

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