Director of Finance
PulseMedica is seeking a Director of Finance to help guide the company's financial strategy through its next stage of growth. Reporting to the Chief Executive Officer, this role will be responsible for financial planning, forecasting, cash management, fundraising support, investor readiness, and strategic financial analysis. The successful candidate will serve as a trusted business partner to the CEO and leadership team, helping to align financial decisions with the company's development, clinical, regulatory, and commercialization objectives.
About Us
PulseMedica is redefining the landscape of ophthalmic technology by developing breakthrough imaging and laser technologies for ophthalmic disease. Recognized as a Great Place to Work for four consecutive years, we’ve built a culture where innovation thrives and multidisciplinary teams solve complex challenges at speed. Our technology blends real-time computer vision, deep learning, and 3D imaging with high-precision laser systems to create new treatment solutions to prevent vision loss. By uniting cutting-edge research with scalable engineering, PulseMedica is creating treatment solutions that position the company to be at the forefront of the next generation in eye care.
The Opportunity
Working closely with the CEO and leadership team, the Director of Finance will be responsible for developing the financial frameworks and insights required to support the company's progression from product development through clinical studies, regulatory approvals, and commercialization. This individual will translate technical and operational plans into financial strategies, support financing initiatives, and help ensure the company is well-positioned to achieve its long-term growth objectives. As PulseMedica grows, you will have the opportunity to build and lead a finance team, shaping the people, systems, and processes needed to support the company's next stage.
The person will be responsible for:
Strategic Financial Planning
- Lead the development and maintenance of the company's financial models, forecasts, and long-range financial plans.
- Develop annual budgets and rolling forecasts that align with business objectives and key milestones.
- Model various business scenarios and assess the impact of development timelines, clinical activities, regulatory pathways, and commercialization strategies.
- Provide scenario analysis and actionable recommendations to support decisions on operational priorities, resource allocation, and the sequencing of key milestones, clearly explaining the implications for cash runway, funding needs, and risk.
- Develop and monitor key financial and operational performance indicators.
Fundraising & Investor Readiness
- Support fundraising initiatives and capital planning activities.
- Prepare financial models, analyses, forecasts, and supporting documentation for investors, lenders, and strategic partners.
- Support investor due diligence processes and maintain investor-ready financial information.
- Participate in financing discussions and presentations as required.
- Evaluate funding opportunities including equity financing, debt financing, grants, and non-dilutive funding programs.
- Support preparation of material for equity financing, debt financing, grants, and non-dilutive funding programs
Financial Operations & Reporting
- Oversee budgeting, forecasting, cash flow management, and financial reporting activities.
- Take responsibility for payroll, ensuring accurate and timely processing, appropriate controls, and completion of payroll remittances and reporting in coordination with internal teams and external providers.
- Monitor cash runway and provide recommendations regarding spending priorities and capital requirements.
- Prepare and present monthly financial review processes and variance analysis.
- Work with external accounting, tax, legal, and audit partners to ensure accurate and timely financial reporting.
- Establish and improve financial controls, processes, and reporting systems to support organizational growth.
- Lead the preparation and timely delivery of financial reports for funders, investors, and shareholders, ensuring accuracy and alignment with funding agreements and reporting requirements; coordinate financial information, supporting schedules, and responses for audits.
- Support Board and leadership reporting activities.
Development Funding & Commercialization Planning
- Partner with functional leaders to develop budgets and financial plans for research and development, clinical studies, and regulatory activities.
- Support grant applications, funding programs, and SR&ED initiatives.
- Develop financial projections and business cases related to commercialization activities.
- Assist in evaluating pricing strategies, manufacturing costs, margins, and revenue opportunities.
- Assess the financial viability of strategic partnerships and distribution opportunities.
Leadership & Business Partnership
- Act as a trusted advisor to the CEO and leadership team on financial matters.
- Help leaders understand the financial implications of business decisions and operational priorities.
- Identify financial risks and opportunities and provide recommendations for mitigation or action.
- Build and lead the finance function as the company grows, including defining resourcing needs, recruiting and developing a finance team, and coordinating external service providers while remaining hands-on.
Qualifications
- Bachelor's degree in Finance, Accounting, Business, Economics, or a related discipline.
- CPA designation is required.
- 5+ years of progressive experience in financial planning and analysis, accounting, or strategic finance roles.
- Experience supporting fundraising activities, investor relations, financing transactions, or capital planning initiatives.
- Experience developing financial models, business forecasts, and long-term strategic plans.
- Experience working in a startup, high-growth, medical device, life sciences, or technology company is considered an asset.
What you bring
- Strong financial modeling and analytical skills.
- The ability to translate complex business activities into practical financial insights and recommendations.
- Experience supporting fundraising, investor relations, and financing activities is considered an asset.
- Experience with Canadian grant funding programs and SR&ED programs is considered an asset.
- Excellent interpersonal skills with the ability to work effectively across technical and non-technical teams.
- Strong organizational skills and attention to detail.
- Excellent time management skills with a proven ability to manage multiple priorities.
- Strong analytical and problem-solving skills.
- Ability to work independently in a fast-paced startup environment.
- Ability to act with integrity, professionalism, and confidentiality.
Anticipated Start Date: TBD
Duration: Full-time preferred. Part-time arrangement may be considered based on business needs and candidate experience.
Salary: Commensurate with experience and qualifications.
Location: Edmonton (Preferred). However, for the right candidate we would be willing to consider hybrid work.
What you can expect from PulseMedica:
- Competitive compensation, health, dental and vision benefits and the option to participate in our employee stock option plan.
- Free on-site gym (Jackson's Gym).
- A role that contributes to helping change people's lives by enhancing their vision.
- A unique opportunity to build, grow, and be part of a team that is going to revolutionize a multi-billion dollar industry.
- Hybrid work.
- Growth opportunities.
- Monthly team social events.
- Working for a company that was recently Great Place to Work certified.
We believe that diverse teams perform better and that fostering an inclusive work environment is a key part of growing a successful team. We welcome people of diverse backgrounds, experiences, and perspectives to apply for this position.