Chief Financial Officer (CFO) at XRHealth – Needham, Massachusetts

About the Company

We are a pioneering global Healthtech organization transforming healthcare delivery through immersive technology and clinically validated digital therapeutics. Leveraging extended reality (XR) and advanced therapeutic software, we deliver evidence-based virtual care solutions that improve patient outcomes across physical rehabilitation, cognitive health, and behavioral health.

Our platform integrates proprietary therapeutic content, connected XR hardware, and a scalable SaaS infrastructure to provide end-to-end digital health solutions for providers, payers, and patients. Through strategic growth initiatives and international expansion, we have built one of the most comprehensive XR therapeutic platforms in the market.

Backed by leading venture investors, we are entering our next phase of growth — scaling enterprise partnerships, expanding recurring SaaS revenue, optimizing hardware-enabled care delivery models, and positioning the organization for long-term value creation and strategic optionality.

Position Overview

We are seeking a strategic, hands-on Chief Financial Officer (CFO) to join our executive leadership team. The CFO will serve as a key business partner to the CEO and Board, driving financial strategy, capital planning, operational scalability, and long-term enterprise value creation.

This role requires a leader with:

· 10+ years of CFO experience in high-growth environments

· Prior Big 4 audit background (CPA strongly preferred)

· Experience in VC-backed or PE-backed companies

· Deep expertise in corporate finance and capital markets

· Strong familiarity with blended hardware + SaaS revenue models

· Healthcare, medtech, or healthtech experience strongly preferred

Key Responsibilities

Strategic Financial Leadership

· Develop and execute long-term financial strategy aligned with growth objectives

· Lead capital strategy including equity, venture debt, and strategic financing

· Partner with CEO and Board on fundraising, investor relations, and exit strategy (IPO or M&A)

· Build financial models supporting scaling, pricing strategy, and new market expansion

Corporate Finance & Capital Markets

· Lead future fundraising rounds and strategic financing initiatives

· Manage relationships with venture capital investors, lenders, and advisors

· Oversee valuation strategy and scenario planning

· Prepare company for potential IPO or strategic acquisition

Financial Planning & Analysis (FP&A)

· Build robust forecasting models for hardware sales, SaaS ARR, and blended margins

· Maintain FP&A tools gathering and defining the right KPI dashboards for revenue, CAC/LTV, gross margin by segment, and cash burn

· Drive unit economics optimization and operational efficiency

· Oversee annual budgeting and rolling forecasts

Accounting & Controls

· Oversee accounting operations including revenue recognition (ASC 606), inventory accounting, and cost accounting across all Countries and Departments

· Ensure compliance with GAAP and regulatory requirements

· Build scalable financial systems and internal controls

· Lead audit process and manage external auditors

Operations & Cross-Functional Leadership

· Partner with Operations on supply chain, hardware COGS, and inventory planning

· Collaborate with Commercial teams on pricing strategy and margin expansion

· Support Product and R&D with capital allocation strategy

· Lead finance team recruitment and development

Risk & Compliance

· Ensure healthcare regulatory financial compliance (as applicable)

· Oversee risk management, insurance, and treasury functions

· Manage working capital and cash flow optimization

· Maintain, adapt and build the relevant Accounting Policies, Process, Procedures and Controls.

· Update Transfer Pricing Masterfile ensuring compliance and accuracy in the resulting rates

Ideal Candidate Profile

Experience

· 10+ years as CFO in high-growth technology companies

· Experience in VC-backed scaling companies ($20M–$150M+ revenue preferred)

· Big 4 audit background (CPA required or strongly preferred)

· Experience managing blended revenue models (hardware + SaaS)

· Healthcare, medtech, or digital health industry experience preferred

· Experience preparing for IPO or leading successful M&A transactions is a plus

Core Competencies

· Strategic thinker with operational execution capability

· Deep understanding of SaaS metrics (ARR, churn, LTV/CAC)

· Strong hardware margin and supply chain financial acumen

· Advanced corporate finance and capital structuring expertise

· Investor-facing communication excellence

· Data-driven decision maker

Leadership Attributes

· Hands-on builder comfortable in scale-up environments

· Executive presence and Board-level communication skills

· High integrity and strong governance mindset

· Ability to operate in fast-paced, high-growth settings

· Collaborative, cross-functional leader

Education & Credentials

· Bachelor’s degree in Finance, Accounting, Economics, or related field

· MBA preferred

· CPA strongly preferred

· Prior Big 4 audit experience required

What We Offer

· Competitive executive compensation (base + bonus + equity)

· Opportunity to shape a category-defining Healthtech company

· Board-level exposure and strategic impact

· Dynamic, mission-driven culture

· Boston-based executive leadership team