Strategic Finance Analyst

About Lumata Health

Blindness is a devastating—but largely preventable—consequence of poorly managed chronic eye diseases like glaucoma, diabetic retinopathy, and age-related macular degeneration. The prevalence of these debilitating diseases is expected to double between 2020 and 2050, outpacing the capacity of providers and contributing to the rising cost of eye disorders in the US, which already exceeds $99B in direct medical costs annually. In over 95% of cases, disease progression can be slowed or stopped; preserving vision and extending healthspan. But it requires tailored, timely, intelligent patient engagement throughout the patient’s lifelong care journey.

Lumata Health is leading the way in leveraging data-driven virtual care management to address this large and rapidly growing problem. Built with $2M in funding support from the National Eye Institute, Lumata Health’s Intelligent Engagement Platform maximizes the impact of multichannel, personalized engagement by our team of JCAHPO-certified ophthalmic care coordinators. Lumata takes a holistic approach to care—combining behavioral and psychosocial information with clinical data to create tailored, high-impact touchpoints. In addition to promoting compliance, we help patients with things like financial assistance programs, prescriptions and refills, insurance issues, transportation to visits, understanding their disease and care plan, and coordinating care with other providers.

With direct medical record access to hundreds of thousands of patients with vision-threatening chronic eye diseases and partnerships with over 800 eye care specialists in 32 states, Lumata Health is driving better outcomes and reducing cost at scale, one patient at a time.

Position Overview

The Strategic Finance Analyst plays a crucial role in building our financial infrastructure and ensuring the financial health and sustainability of our organization. You will work closely with the VP of Finance and executive team to develop financial plans, manage budgets, and drive financial performance. Additionally, you will provide strategic guidance and analysis to support decision-making and growth initiatives. The Analyst is a highly motivated and intellectually curious individual who is passionate about our mission and driven by results. 

Job Type: Full-time

Compensation: $85,000 to $95,000 + Bonus

Equity: Yes

Remote: Yes

Reports to: VP of Finance

In addition to applying, we ask that you please complete a brief Culture Index assessment to be considered for the position. An email with a link to the survey will be sent upon submission of your application.

Responsibilities:

• Develop and maintain the company's financial budgets and forecasts. This involves working closely with department heads to understand their needs and projections, and then consolidating this information into comprehensive financial plans.
• Build financial models to evaluate various scenarios and make informed decisions. These models might include: cash flow projections, revenue forecasts, expense analyses, sensitivity analyses to assess potential risks and opportunities, TAM analyses, cohort analyses, and unit economics analyses.
• Monitor the company's financial performance against budgets and forecasts. Identify key performance indicators (KPIs) and track them regularly to assess the company's progress towards its goals.
• Analyze variances between actual financial results and budgeted/forecasted figures. Investigate the reasons behind discrepancies and provide insights to management to help improve performance.
• Manage the company's cash flow to ensure that it has enough liquidity to meet its short-term obligations while also optimizing the use of cash for growth and investment purposes.
• Prepare regular financial reports for internal stakeholders (e.g., management team, board of directors) as well as external parties (e.g., investors, lenders). These reports may include income statements, balance sheets, cash flow statements, and other relevant financial metrics.
• Conduct ad hoc financial analyses as requested by management to address specific questions or concerns, such as pricing strategies, cost optimization initiatives, or performance benchmarking against competitors.
• Coordinating investor communications, investor presentations, and investor meetings. Manage the cap table, including Carta, options issuances and 409A valuations.
• Oversee the generation and sending of invoices as well as tracking payments, following up on late payments, managing billing disputes, ensuring compliance with taxation, and maintaining positive client relationships through clear communication and efficient processes.

Requirements

• Bachelor's degree in finance, accounting, or related field 
• Background in investment banking or startup finance/business development experience preferred
• Highly proficient in Excel 
• Experience with board or client deliverables
• Proven financial modeling and analysis experience, ideally in a healthcare startup or similar fast-paced environment
• Experience creating budgets, forecasting, and financial reporting
• Strong analytical and problem-solving skills
• Exceptional communication and presentation skills
• Detail oriented
• Able to work with ambiguity and tell a story with numbers

Work Environment:

In order to perform the essential functions of this job, you must have a dedicated remote workspace, with either a cable or fiber optic internet connection with a minimum of 50 Mbps of download speed and 10 Mbps of upload speed of dedicated internet bandwidth for each person working from home; the workspace is private and has low to no noise level as you will be on phone calls with clients. It is very important that your workspace is HIPAA compliant; your company issued laptop/pc must maintain visibility that only you can access as you'll be handling patient data. You are also expected to have your camera on during virtual meetings, therefore, you must be in a designated workspace/room for privacy.

Benefits

At Lumata Health, we know you are more than just an employee. Your health and happiness is important to us. We offer medical insurance for full time employees, 8 paid holidays, and discretionary time off (DTO). As we grow, so will our benefits package. We hope you’ll be a part of that growth!

401(k)

Dental insurance

Flexible schedule

Flexible spending account

Health insurance

Life insurance

Paid time off

Parental leave

Referral program

Vision insurance

Employee Wellness Program

Diversity Creates a Healthier Atmosphere

Lumata Health provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

We are an equal opportunity employer that values diversity at all levels.  All individuals are encouraged to apply.  If you need assistance or an accommodation due to a disability, you may contact us at:  hr@lumatahealth.com

We are an E-Verify employer.

For more information, please click on the following links:

E-Verify Participation Poster: English / Spanish

E-Verify Right to Work Poster: English | Spanish

**For application status, please email: hiring@lumatahealth.com (No phone calls please). Due to an increase in fraudulent activity, please verify any communication is coming from our domain ending in lumatahealth.com, and not a similar domain.