VetSource, founded in 2006, is a technology enabled healthcare service provider for the veterinary industry.  As the market leader for turnkey outsourced pharmacy services, VetSource is uniquely positioned to leverage its trusted relationship with veterinarians and deep market penetration to deliver a suite of mission critical cloud-based solutions in a common user interface.

Immediate Availability: Chief Financial Officer (CFO) VetSource 17014 NE Sandy Blvd. Portland, OR 97230 http://vetsource.com Posted: 10/23/16 Version: 1.3 Final	For all inquiries please contact: Severin Sorensen Senior Executive Recruiter CEO, ePraxis LLC 222 S. Main Street, Suite 500-E Salt Lake City, UT 84101 435-655-5111 Direct 801-559-2001 Main 844-EPRAXIS    Toll-Free sev@epraxis.com
NOTE: All applications are to submitted online at: http://epraxis.applicantstack.com/x/detail/a27p0jju464i

 
 
About VetSource
 
VetSource (www.VetSource.com) is one of America’s most innovative companies in pet health care.  Headquartered in Portland, OR, VetSource is the nation’s leading provider of outsourced pet medication, OTC and therapeutic diet home delivery services for veterinarians. VetSource holds both wholesale and pharmacy licenses in all 50 states, enabling it to offer a wide range of products and services to both veterinarians and the pet owners they serve.  VetSource is a high growth company led by a strong board and executive team alongside its strategic partners and clientele which represent the full breadth of the veterinary, health and wellness, and pharmaceutical industries. It is VetSource’s objective to grow the company three times its current size within the next few years using a combination of organic and tactful growth initiatives. While VetSource is currently a privately held company, it is possible that the company will desire to access public markets for additional capital and growth opportunities in the future.  As such, CFO candidates who have experience fostering high-growth in businesses with SaaS, channel sales distribution, pharmaceutical industry sales, or who have transitioned and grown a company through private-to-public transformation (e.g., IPO, or reverse merger into current public company, etc.), public financial reporting experience, etc. are strongly encouraged to apply for this position.

Chief Financial Officer (CFO)
 
At VetSource, the Chief Financial Officer (CFO), plays a key role on our Executive Management team in Portland, Oregon.  The CFO reports to the CEO/President, and is responsible for the strategic financial direction and day-to-day financial management of the company. The CFO has primary day-to-day responsibility for planning, implementing, managing and controlling all financial-related activities of the company. The CFO’s management duties include managing accounting, budgeting, banking, cash-flow forecasting, project forecasting and analyses, strategic planning, negotiations, contract review, base and incentive compensation planning; long- and short-term lending, leasing, ROI calculations, mergers and acquisition (M&A), business model development, deal analysis, presentation skills, and participation in various types of negotiations. In addition to these traditional treasury, accounting, and finance duties, the VetSource CFO is an executive leader and manager, and may be tasked to manage other company initiatives, programs, and business units, as may be assigned from time to time by the CEO. 
 
The ideal candidate for this position is the quintessential CFO and that possesses an abundance of skills, strategic insights, and short- and long-term focused vision, have prior publicly traded company experience, and prior rapidly growing company experience, have grown a company successfully 3x in revenue (e.g., looking for candidates that have grown a company from a minimum base range of $75 million to something 3x greater).  Importantly, beyond experience, the right candidate will have continued energy, drive, desire, accountability, process and systems delivery focus, and demonstrated ability to chart a course to take VetSource to the next level.  The CFO will have the “behavioral traits” and “technical capabilities” identified in this job description, and demonstrate in abundance the knowledge and mastery of key skills, abilities, and experience outlined below. 
 

Top 10 Behavioral Traits Desired of our CFO

1. Honesty and integrity
2. Responsible, accountable, delegates effectively, and “Gets Things Done” (GTD)
3. Intelligent, knowledgeable, and life-time learner
4. Leadership (in executive management, strategy, initiative, and innovation)
5. Strength and maturity (demonstrates confidence without hubris; sufficiently humble)
6. Emotionally intelligent, low-maintenance, and non-toxic
7. Self-starter, operates with intention, and works with “calm urgency”
8. Consistent, measured, and stable
9. Entrepreneurial, growth focused, with ‘can do’ and ‘will do’ attitude
10. Curious, contemplative, and continually improving

General Responsibilities of the CFO

• The Chief Financial Officer (CFO) of the company
• Advisor to the Board of Directors, the CEO/President, and a key member of the Executive Committee Accounting, budgeting and audits
• Management of company treasury, and finance, including management of accounting, finance, cash-flow forecasting, strategic planning, job costing, legal, banking relations and compliance
• Develop, monitor, and message KPI driven dashboards throughout the company with the aim of creating a transparent management monitoring system dashboard providing near-real time key metrics of the firm
• Develop financial tools and reporting to increase the effectiveness and ease of doing business with VetSource for our valued Channel Partners, Veterinarians, and client pet owners
• Create historical, current, and forward-looking financial plans and statements
• Develop and manage banking and credit relationships
• M&A analysis, negotiation and acquisition integration
• Provide thought leadership in forecasting and analytics
• Ensures HR, legal, financial, and tax reporting compliance
• Manage channel partner commission payment system, and inspect routinely for accuracy, compliance, and process-friction reduction opportunities
• Preparation and oversight of financial and operations standard operating procedures (SOPs) for the above responsibilities
• Managing the teams to accomplish the above responsibilities
• Participate with senior management in the direction of the organization
• the CFO is the Chief Profit Officer of the company, and is charged to identify, foresee, and prevent “profit fumbles” in the execution of the business plan
• Other duties as may be assigned from time to time by the CEO.

Qualifications and Requirements:

• BS in Accounting or Finance required; MBA and/or CPA preferred
• 10+ years in progressively responsible financial leadership roles (e.g. controller, VP Finance, CFO)
• Prior experience operating GAAP accounting procedures and methods mandatory
• Being a self-starter is a must.  Demonstrated ability to work alone, be self-governing, be proactive, and responsible for accomplishment of the company mission without need for daily coaching or prompting from the CEO;
• Experience in utilizing accounting packages and tools that include in accounting software and CRM packages required; VetSource uses a proprietary pharmacy management system, along with a distribution and supply chain software called “ASW” by IBS.
• History as CFO, VP Finance, or controller with financial leadership for companies with $75 million to $750 million annual revenue businesses preferred.
• Experience managing public company finance and reporting requirements preferred
• Experience transitioning a private company through the IPO or reverse merger into a public company preferred
• Experience developing accounting and financial controls for high-growth companies and industries preferred
• Experience with SaaS companies preferred
• Experience with Channel Sales Partner models preferred
• Experience with and Channel Partner and valued client-focused short-term commercial lending a plus
• Experience in pharmaceutical industry a plus
• Experience in interstate sales, insurance, licensing, taxes, and other regulatory requirements a plus.
• While little travel is anticipated, the position is a time demanding position and the candidate must demonstrate that they understand the requirements of the position, the time required to complete the required duties, and a willingness to be flexible and work the required time-sensitive projects such as special projects, M&A, tax preparation, audit, and other seasonal key tasks that may be undertaken from time to time.          

 
COMPENSATION:
Salary is negotiable and commensurate with ability.
 
TIMING:
The CFO position is a new position and available immediately.  We expect the selected candidate to start as soon as reasonably feasible, with a target of early Q1 2017 new employee start.  While speedy placement is desirable, ‘VetSource’ will take the time necessary to find the best available candidate for this position.  VetSource realizes that the “right” candidate is likely to be working for another firm, and we are willing to work with you to make a smooth transition, as we expect the same from our outgoing employees.