Lexington Medical is a medical device company, developing and manufacturing minimally invasive surgical stapling solutions in the Boston area. With the highest standards in design engineering and smart manufacturing, our team delivers disruptive technology to health care providers which improves surgical outcomes for their patients in a thriving $6B+ Surgical Stapler market.
As we continue to grow and expand, we are seeking a dynamic and experienced Chief Financial Officer to join our executive team to help drive our financial strategy and success. The CFO will partner closely with the Founder & CEO and the Board on strategic initiatives such as partnerships, investments and global expansion.
Lexington Medical is one of the fastest growing medical device companies, growing over 30% year over year, in a strong financial position and led by industry veterans with multiple prior successful exits. We launched our first product in 2018 and today we are registered in nearly 40 countries.
This role is ideal for an accomplished finance executive looking to leverage their expertise in a dynamic leadership position or for a seasoned senior finance professional ready to step into their first Chief Financial Officer role and drive strategic impact. This is an onsite position based in Bedford, MA headquarters.
Responsibilities:
- Develop and implement a comprehensive financial strategy aligned with the company's goals and objectives. Provide financial leadership and insights to the executive team and board of directors.
- Oversee budgeting, forecasting, and financial modeling to optimize resource allocation.
- Manage all aspects of financial planning, analysis, and reporting.
- Monitor and control financial performance, ensuring adherence to budgets and financial targets.
- Oversee tax planning and compliance. Ensure accurate and timely financial reporting, including monthly, quarterly, and annual financial statements.
- Maintain compliance with relevant accounting standards and regulatory requirements.
- Coordinate financial audits and manage relationships with external auditors.
- Oversee cash flow management, investment strategies, and capital allocation.
- Manage capital structure, including debt and equity financing, to optimize funding for strategic initiatives while minimizing financial risk.
- Lead and develop a high-performing finance team.
Qualifications:
- Bachelor's degree in Finance, Accounting, Business, or a related field; Master’s degree and/or CPA preferred.
- Proven track record of at least 15 years in finance leadership roles within a portion having been spent in a manufacturing industry.
- 3+ years of experience conducting financial audits, reviewing financial records, internal controls, and compliance with regulatory standards to ensure accuracy and integrity.
- Experience in a high growth venture environment; global company, IPO, and/or public company experience is a plus.
- Strategic thinker with the ability to translate financial data into actionable insights.
- Strong financial modeling, analysis, and forecasting skills.
- Excellent knowledge of financial regulations, compliance, and reporting.
- Exceptional leadership and team management skills.
- Outstanding collaboration, communication and interpersonal abilities.
What We Do
Lexington Medical is singularly focused on making the best surgical stapler in the world. A high-growth, ambitious Boston-based medical device manufacturer with exacting technical and talent standards, Lexington develops advanced engineering and smart manufacturing in-house to deliver disruptive innovation. We are proud to provide surgeons a better choice in surgical stapling.
Our AEON Endostapler offers industry-best clinical performance across a wide range of surgical specialties. Working closely with leading physicians, our design approach allows us to be nimble and responsive to deliver a continuously improving product.
WE’RE HIRING! We have vigilantly cultivated a team of the most talented, collaborative, and creative people and are always looking to add teammates to our high-performance environment. Our employees at all levels manage projects that have a direct impact on patient care. If you are inspired to join a company that is solving problems that others have said “can’t be solved,” please visit us at www.lexington-med.com/careers.
