Entity: WELL Health Technologies Corp.
Position: VP Finance
Type: Full Time
Location: Vancouver, BC
About the Company:
WELL is an innovative technology enabled healthcare company whose overarching objective is to positively impact health outcomes by leveraging technology to empower and support healthcare practitioners and their patients. WELL has built an innovative practitioner enablement platform that includes comprehensive end to end practice management tools inclusive of virtual care and digital patient engagement capabilities as well as Electronic Medical Records (EMR), Revenue Cycle Management (RCM) and data protection services. WELL uses this platform to power healthcare practitioners both inside and outside of WELL’s own omni-channel patient services offerings. WELL owns and operates Canada's largest network of outpatient medical clinics serving primary and specialized healthcare services and is the provider of a leading multi-national multi-disciplinary telehealth offering. WELL is publicly traded on the Toronto Stock Exchange under the symbol "WELL".
Position Summary:
This is a unique career-making opportunity to be the VP Finance of WELL, which is one of the fastest growing and innovative technology-enabled healthcare companies in North America. Reporting to the Chief Financial Officer, will oversee all aspects of financial reporting, budgeting, and forecasting, finance shared services teams and ensuring that the company fulfills all reporting requirements of a publicly traded entity. The VP Finance will serve as the right-hand to the Chief Financial Officer to support the organization’s growth objectives. As a key member of the management team, the VP Finance will take a strategic role in the overall management of the financial operations of the organization and have primary day-to-day responsibility for planning, implementing, managing, and controlling all the operational financial-related activities of WELL.
What you will be doing:
- Oversee and provide leadership, strategic advice, and support regarding the initiatives of the Finance team that includes mergers and acquisitions, treasury, tax, internal controls, reporting, financial planning and analysis, digital applications/cybersecurity.
- Develop and lead a strong Finance team that is effective in meeting the objectives of WELL.
- Provide high level oversight of accounting policies while driving development of new procedures and internal controls.
- Execute the monthly close process and prepare monthly, quarterly, and annual financial reports for internal management reporting and external reporting to shareholders and other stakeholders.
- Strong technical knowledge on IFRS to ensure compliance with IFRS reporting standards and accounting policies and any changes thereto.
- Consolidate budgeting, forecasting, and reporting against budget and prior periods.
- Work closely with VP, Tax to coordinate quarterly income tax projections and provisions for month end close.
- Coordinate the response to any enquiries or audits from tax authorities.
- Coordinate with internal and external audit function as it relates to US operations and other financial audits efficiently and effectively.
- Implement, document, and maintain adequate and effective internal financial controls as well as internal controls over financial reporting.
- Ensure compliance with all applicable federal, provincial, and state legislation, rules, and regulations related to financial disclosure.
- Manage key external relationships such as auditors, external finance resources, investors, and other stakeholders.
- Prepare and analyze periodic financial forecasts for management review including balance sheet, earnings statements, and cash flows.
- Oversee internal control compliance at the organization level and provide recommendations as required.
You have:
- Bachelor’s and/or master’s degree, along with a CPA designation
- More than 10 years of senior financial management experience (mentoring a team of more than 20 individuals) in an operational finance role in a high-growth organization of significant scale and complexity. Ideally previous experience of direct and/or indirect oversight of various finance functions including FP&A, accounting, audit, tax, treasury and regulatory.
- Proven track record of leading the teams responsible for financial reporting, including developing financial reports and statements (e.g., income statement, balance sheet, cash flow statement).
- In-depth understanding of accounting principles. Prior experience of creating systems and processes to ensure that comprehensive review and validation of financial statements is implemented by the organization.
- Prior experience of achieving operational effectiveness and efficiency for an organization by designing internal controls and implementing a robust internal control framework. Has previously built strong, scalable financial systems, processes, and controls in a growing environment.
- Demonstrated experience in large, growing, publicly traded companies, ideally with experience in the technology sector.
- Direct or indirect experience in implementing ERP systems and other business enablement software solutions. Exposure to implementation of on-premises applications and cloud-based software-as-a-service (SaaS) applications will be an asset.
- Though this leader will not be a tax expert, basic knowledge of tax with a track record of solving complex tax issues is expected. It is to be noted that this leader will oversee the tax team at WELL.
- Exposure to the M&A process including due diligence and post-merger integration.
- The ability to remove roadblocks and successfully drive initiatives forward without creating collateral damage and while leading with positivity.
- Advanced problem solving and decision-making skills to lead diagnosis of critical challenges, development of integrated business solutions, and assessment of risks and opportunities that may affect the functional area.
- Excellent research and analytical skills to assess and recommend courses of action on industry, political and economic trends, and to identify risks and opportunities that may impact the business unit and/or designated area.
- Professional knowledge of US operations and tax, IFRS, accounting theory, practices, and methods. Having US GAAP experience will be an asset.
- A track record indicative of having a continuous improvement mindset that is always looking for operational efficiencies, improvements to processes, or enhancements to governance procedures that help achieve the objectives Finance department and WELL.
- Demonstrated leadership ability with a passion for mentoring and developing a team. Desire to collaborate with colleagues and motivate people towards accomplishing shared goals.
- Ability to maintain confidentiality and appropriately handle sensitive communications with employees and external consultants.
Salary Range: $175,000-$200,000 CAD
The salary offered for this position falls within a specified salary range and will be determined based on a variety of factors, including but not limited to the candidate's experience, qualifications, skills, and the specific needs of the organization. At WELL, we believe in fair and equitable compensation, and our goal is to offer a competitive salary that reflects the value and expertise of the selected candidate.
WELL is committed to supporting a diverse, inclusive, and accessible workplace. We welcome and celebrate the diversity of applicants and team members across ability, race, gender identity, sexual orientation, and perspective. We strive to create an inclusive workplace where differences are celebrated and fuel our success – this is the WELL Way!
WELL has been independently certified as a Great Place to Work by Great Place to Work Institute Canada, an achievement that reflects the company’s strong commitment to creating a workplace culture centered on trust, inclusivity, and employee well-being, aligning with its ‘Healthy Place to Work’ ESG strategy pillar.