Wartime Director of Finance
SiPhox Health · Massachusetts, United States · 1 mo ago
Finance$150k–$200k/yrFull-time
About the role
The Director of Finance will run finance as if it were a war, focusing on cash flow, cost control, and operational efficiency. This role requires a deep understanding of hardware unit economics, operational finance, and systems infrastructure.
Responsibilities
- Runway, burn multiple, and cash forecasting as live operating instruments
- Hard scrutiny on every recurring expense, vendor, contract, and headcount addition
- Aggressive negotiation with suppliers, landlords, contractors, and software vendors
- A defensible "no" when spending doesn't earn its keep
- Hardware unit economics: COGS, BOM, contribution margin, and yield economics down to the SKU and panel level
- Inventory turns, aging, scrap, and reagent usage as managed metrics
- Pricing strategy and margin discipline as the product scales
- Manufacturing ramp modeling: cost-down curves, learning rates, capacity vs. demand
- Operational finance: embedded in engineering, ops, and supply chain
- Procurement gates on capital expenditure and tooling decisions
- SKU discipline, vendor concentration limits, and standardization wherever feasible
- Hiring efficiency: ROI per role, not just headcount plans
- Systems and infrastructure: a modern fintech stack (Ramp, Gusto, and beyond) wired into an ERP/MRP backbone
- Real-time financial visibility for leadership instead of month-end retrospectives
- Automation over headcount wherever a process can be codified
- Reporting and dashboards that actually drive decisions: burn multiple, gross margin by panel, inventory aging, scrap and yield, reagent usage, vendor spend concentration, runway sensitivity, hiring efficiency, instrument payback
Requirements
- 7–10 years of progressive finance experience, with meaningful time at venture-backed hardware or manufacturing companies in the ~50–300 person range
- Demonstrated experience managing cash in a constrained environment — you've cut burn without breaking execution
- Deep cost accounting and hardware unit economics fluency (BOM, COGS, yield, contribution margin, inventory)
- Strong FP&A and operational finance — you build the model and own the operating cadence around it
- Comfortable challenging spending decisions across engineering and ops, with the credibility to make it stick
- Systems mindset: ERP/MRP, BOM management, procurement controls, inventory discipline
- Bachelor's in Finance or Accounting; advanced modeling skills assumed
- Authorization to work in the United States
Qualifications
- Biotech, life sciences, diagnostics, or medical device experience
- Hands-on with Ramp, Gusto, NetSuite or similar ERPs, and inventory/MRP systems
- Built or rebuilt a finance function during a manufacturing ramp or rapid hiring period
- History of walking the production floor and partnering with operators directly
Skills
- Systems mindset
- ERP/MRP, BOM management, procurement controls, inventory discipline
Benefits
- Competitive salary and significant equity
- Healthcare, dental, 401k
- High-end gym membership
- Two company shutdown weeks each year on top of PTO
- The opportunity to help build a category-defining diagnostics company
Pay
$150,000 — $200,000 yearly
Schedule
Not Allowed