VP, Finance & Corporate Controller in Irvine, California at DIALITY INC

Company & Job Overview

Diality is a medical device company focused on developing solutions to improve lives impacted by kidney disease. Diality offers the Moda-flx Hemodialysis System, a user-friendly, mobile, and connected hemodialysis system designed to maximize clinical flexibility and ease-of-use for both clinical and non-clinical users. The Moda-flx Hemodialysis system combines flow rate capabilities of conventional in-center dialysis devices with a fully integrated reverse osmosis (RO) water filtration system to provide a broad range of prescriptions and meet the needs of any professional dialysis care setting.

Diality is seeking a highly skilled and experienced VP of Finance and Corporate Controller reporting to the Chief Financial Officer. will be responsible for overseeing all financial and accounting aspects of the company, including financial planning, analysis, forecasting, accounting operations, internal controls, financial reporting (both internal & external), compliance, and risk management. The ideal candidate will possess a strong background in both finance and accounting, with experience in managing the financial complexities faced by pre-revenue companies, particularly in the medical device industry. This role requires a strategic thinker with operational capabilities who can contribute to the overall growth and success of the organization.

Responsibilities

Financial Strategy & Planning

• Lead long-term financial planning, forecasting, and budgeting, ensuring alignment with company goals and milestones and on strict cadence set by the CFO.
• Develop, model, and implement financial strategies to support the company's growth objectives and transition from pre-revenue to commercialization.

Accounting Operations & Management

• Oversee all accounting functions, including general ledger, accounts payable, accounts receivable, payroll, cost of goods sold, operating expenses and related accruals, taxes, stock-based compensation, and other technical & emerging accounting, and expense management.
• Ensure the accuracy and integrity of financial records, maintaining a comprehensive accounting system that complies with GAAP and other relevant accounting & regulatory standards.
• Implement and maintain internal controls, policies, and procedures to ensure compliance and safeguard company assets by implementing an Enterprise Risk Management system (ERM) capable of making Diality SOX and exchange compliant
• Manage and maintain the company’s ERP system (NetSuite) and other accounting subsystems, ensuring data integrity, process efficiency, and that the system meets the needs of finance and accounting operations while ensuring timely and accurate outputs from the systems

Financial Reporting & Compliance

• Manage the preparation and presentation of accurate and timely financial reports, including monthly, quarterly, and annual financial statements.
• Ensure compliance with tax regulations, corporate governance, and other financial reporting requirements.
• Coordinate and manage & successfully complete (in a timely manner) annual audits and issuance of annual report/financial statements, working closely with external auditors and regulatory bodies while maintaining good relationships
• Ensure timely reporting to our ELT, Audit Committee, Board, Investors, and other requestors of financial information
• Lead annual meeting and any other meetings/reporting as required by agencies and/or regulatory bodies

Budgeting, Forecasting & Financial Analysis

• Lead the budgeting process, working with department heads to develop and manage annual budgets.
• Lead the forecast and reforecast process on cadence set by CFO while maintaining accurate information in Vena or similar subsystem to include assisting CFO in maintaining vendor master list and other legal documents to ensure conformance with published budgets and forecasts
• Create and maintain financial models for scenario planning, product development, and commercialization strategies.
• Analyze financial performance, provide insights, and make recommendations to optimize financial outcomes and cost efficiencies.
• Perform actual vs. budget analysis monthly, and conduct reviews with department owners to identify variances, understand drivers, and implement corrective actions as needed. Leading monthly business and variance reviews in accurate and efficient manner.

Fundraising & Investor Relations

• Collaborate with the executive team on fundraising activities, including equity, debt, strategic & other financing.
• Prepare financial materials for investor presentations, due diligence, and board meetings including creating and maintaining robust, accurate and efficient data room (s)
• Serve as the primary support contact for investors, lenders, and other stakeholders, ensuring transparency and accuracy in all financial communications.
• Manage the company’s cap table including equity and stock issuances, ensuring accurate record-keeping of ownership structure, equity grants, and dilution impact.

Risk Management & Internal Controls

• Identify and manage financial risks, including cash flow, operational expenses, and regulatory compliance as outlined previously via ERM/SOX
• Develop and implement robust internal controls to ensure accurate financial reporting and minimize risk exposure.
• Monitor and manage cash flow, ensuring the company is adequately funded to support operations and growth.

Team Leadership & Development

• Build and lead a high-performing finance and accounting team, providing mentorship, guidance, and professional development.
• Foster a culture of financial discipline, accountability, and continuous improvement within the team.

Required Skills & Abilities

Education & Experience

• Bachelor’s degree in Accounting and/or Finance; CPA, CGMA, or equivalent accounting certification strongly preferred. An MBA is a plus.
• 10+ years of progressive experience in accounting and finance, with substantial time spent in senior accounting leadership roles overseeing complex accounting operations.
• Proven experience in a pre-revenue or early-stage startup environment, preferably within the medical device or biotech sector.
• Strong experience managing financial compliance, internal controls, and audit processes, ensuring adherence to rigorous accounting standards.
• Proven experience in financial modeling, forecasting, and data-driven financial analysis to support strategic decision-making.
• Experience with fundraising, investor relations, and managing financial aspects of product development/commercialization is a plus.

Travel

• Willingness to travel domestically as needed (up to 20%) primarily to visit vendors and attendance at select conferences and follow the hybrid schedule as outlined by Diality/CFO

Physical Requirements

• Sitting at a desk utilizing a computer

The information contained in this job description is for compliance with the Americans with Disabilities Act (ADA) and is not an exhaustive list of duties performed for this position.