Manager – Digital Health Description Danforth Managers are deployed as part-time controllers for early stage life science and healthcare companies, including venture backed, near public, and publicly traded entities. Typically, consultants balance the demands of 2 to 3 clients at a time, depending on their desired work load. The job affords a high degree of flexibility with respect to the hours worked and the ability to work virtually at least part of the time. This is an excellent opportunity to work with high growth, dynamic players in the biotech, medical device and healthcare technology (digital health) sectors. Controllers often are responsible for establishing systems and reporting infrastructure from scratch and working as an integrated member of the client’s management team. Danforth consultants are able to access the resources of the entire Danforth organization and likely work with a team of other Danforth professionals on engagements. Position Overview: Danforth is seeking a controller with experience in the healthcare and healthcare technology industries. The ideal candidate will be someone who can roll up his/her sleeves to recreate GAAP based financial statements, and has a strong understanding of software revenue recognition (SW license revenue, SaaS revenue, etc). Responsibilities: Responsibilities for this role include but may not be limited to: Maintain accounting system, revenue recognition and general ledger Prepare month-end, quarter-end and year-end financial reports for management and investors Research certain technical accounting matters, and prepare recommendations with respect to accounting treatment and the related journal entries Draft financial statements and related disclosures Act as key business partner and advisor to the organization Prepare annual business plans, rolling forecasts, strategic multi-year plans, revenue projections; analyze actual vs. budget variances Prepare metrics reports and create dashboard of key performance indicators Must display strategic mindset within core financial control responsibilities Work with a company’s management team to prepare operating plans and budgets and dashboards Aggressively manage company’s cash runway Manage annual corporate audits Assist with preparing a company for a financing or transformative transaction IPO preparedness Acquisition assistance/management Corporate wind-downs Establish and perform procedures for managing payables and cash disbursements Reconcile cash accounts, track cash usage and prepare cash flow projections Establish/maintain internal controls Manage insurance and banking Manage capitalization tables Establish and manage payroll and employee benefits Requirements Bachelor’s Degree in accounting, CPA or MBA a plus 10 years accounting and finance experience (Big 4/CPA Firm experience a plus) Experience in scaling venture-capital/PE backed companies. Experience in healthcare technology (Digital Health) revenue recognition and commercial scale. Deep understanding of software revenue recognition (SW license revenue, SaaS revenue, subscription revenue, etc). Experience developing and managing commercial operating metrics Strong financial modeling skills Solid understanding of venture-backed company cap tables and equity grants Computer Skills: QuickBooks and Excel a must; Intacct, NetSuite, Great Plains, Carta a plus Demonstrated ability to work in an early-stage start-up environment Creative problem-solving skills including the ability to identify, recommend and implement solutions Strong interpersonal and client relationship skills Experience working as a consultant, or a sincere interest and commitment to consulting Benefits About Danforth Advisors Danforth Advisors is the financial backbone to hundreds of life science companies, providing integrated and scalable consulting teams ranging from staff accountant through CFO. The company’s services span the full breadth of a finance organization’s needs, whether short or long term, including accounting and operational finance support, capital raising, financial planning and analysis, IPO preparation, post-public SEC compliance and clinical business operations management. Founded in 2011, Danforth has been a strategic and trusted thought partner to private and public life science companies across all stages of corporate evolution. The company is headquartered in Waltham, Massachusetts with additional operations in the emerging life science clusters of metropolitan New York and the mid-Atlantic region. Additional information is available at www.danforthadvisors.com.