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Cubby Beds
Denver, CO | Full Time
$221k-297k (estimate)
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VP of Finance
Cubby Beds Denver, CO
$221k-297k (estimate)
Full Time 3 Months Ago
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Cubby Beds is Hiring a Remote VP of Finance

We’re Cubby Beds 👋

A fast-growing and high-impact startup that makes smart beds for people with cognitive conditions like Epilepsy, Cerebral Palsy, Dementia, and Autism. Our mission is to improve the lives of special needs kids and their families through our innovative products and go-to-market strategies. Since launch, we have changed the lives of thousands of families, been insurance covered in all 50 states, achieved profitability, and built a team of ~20 in our Denver HQ.

The next stage of the business is all about scaling our team, product, systems, and customer journey to help thousands more families get the safe sleep they deserve.

This is where you come in

When you join Cubby, you’re joining a team of entrepreneurs and creators who are on a mission to change the lives of thousands of special needs families. We are growing at lightning speed and are seeking a senior financial leader to help support our growth.

You would be a key executive on our leadership team and build, manage, and scale our entire finance function. You will oversee all aspects of Cubby’s financial health - providing executive-level direction and strategic oversight for financial planning, budgeting, analysis, and reporting.

As a member of our leadership team, you will report to our CEO. As the VP of Finance, you will be working closely with various key stakeholders like Growth, Operations, and People teams across the organization. Over time, you will build a team to fully support and scale the finance function and the hyper-growth of Cubby.
As a culture add, you approach personal and professional relationships from a place of care, curiosity, and clear communication. You strive to build systems and a team that defines one of our three values at Cubby - Operate With Excellence.


Here’s what you’ll be doing

  • Build and lead our finance and accounting function, providing executive-level direction & strategic oversight for all aspects of Cubby’s financial health

  • Establish a financial strategic vision, objectives, policies, and procedures in support of the overall strategic plan

  • Drive transparency and understanding of Cubby’s finances and financial strategies across the management team and company, ensuring that leadership has what they need to make data-informed decisions

  • Lead financial planning, forecasting, and analysis, including financial modeling and scenario analysis. Develop strong cash flow strategies and risk management, ensuring adequate liquidity for operational needs

  • Manage overall day-to-day financial planning across the company, including revenue and COGS recognition timing, payroll, operating and non-operating expenses, and capital investments

  • Manage financial reporting, including preparation of financial statements and regulatory compliance

  • Partner with the executives and the People Team on headcount planning, merit increases, variable compensation programs, and additional discretionary bonuses, reconciling relevant accruals and quarterly payout schedules

  • Partner with the Operations Team and top suppliers to identify areas to improve COGS and cash flow while maintaining efficiency and quality

  • Partner with the Business Development Team to develop & execute partner incentive programs, as well as manage credit limits, payment programs, and credit holds

  • Own & manage all Cubby insurance and sales tax partners, policies, and renewals

  • Hire & manage a Cubby accounting team, and build strong processes for distributor invoicing, accounts receivable, accounts payable, and inventory cost accounting

  • Own & manage company equity software, including administration of employee option grants in partnership with the People Team and CEO

  • Communicate around Cubby’s finances with the board of directors and capital partners

  • Manage relationships with banks, auditors, other financial institutions, and legal

  • Ensure Cubby operations stay up-to-date with industry trends and changes in financial regulations

Here’s what we’re looking for

  • At least 10 years of finance leadership experience

  • Experience in healthcare billing and revenue cycle management

  • Experience in manufacturing and scaling a physical product business is a plus

  • Experienced in building and leading a team in a high-growth environment

  • Strong leadership and motivational skills to build a strong and cohesive culture and teamwork mentality

  • Clear and structured communication skills

  • An entrepreneurial mindset. Rolling up your sleeves, thrive in ambiguity, test and learn culture, and get things done

  • Experience working with health insurance companies is a plus

  • Understanding of the healthcare/health insurance company claims billing processes is a plus

  • Experience from a digital health/med tech startup is a plus

  • Alignment with our values and passion for our mission

Don’t feel like you have all of the qualifications?

The description above indicates our current vision for the role. You could be a viable candidate even if you don't fit everything we've described above and may also have important skills we haven't thought of. If that's you - even if you’re unsure - we encourage you to apply and help us get to know you!

Benefits & Perks

  • $220-250K hiring range - Cubby offers an exciting OTE (On-Target Earnings) program to motivate and celebrate collective success in achieving company goals. This total compensation package is inclusive of 85% base compensation 15% variable pay when targets are met. If the team exceeds quarterly target amounts, there is an additional 2X accelerator that increases variable pay potential beyond what’s listed here.

  • Stock Options - Equity Ownership

  • Health, Dental, and Vision Insurance (100% paid premiums for employees)

  • Unlimited PTO & Wellness

  • Paid parking spot in the building’s garage

  • 401k administration

  • A hybrid work model with remote work from home 2 days a week

  • Mac, standing desk, and high-end accessories

  • Fully stocked kitchen and weekly team lunches in our beautiful Denver HQ

  • Growth opportunities at a start-up with a life-changing mission

If you have the desire to build a team in a high-growth org that also changes lives, we want to meet you! Interested? Apply now! 👩🏻‍💻

Cubby Beds is committed to creating a diverse environment and is proud to be an equal-opportunity-employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. Cubby Beds is also committed to compliance with all fair employment practices regarding citizenship and immigration status

Job Summary

JOB TYPE

Full Time

SALARY

$221k-297k (estimate)

POST DATE

02/23/2024

EXPIRATION DATE

04/22/2024

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