Murray, UT

Financial Analyst / Senior Accountant

About Novamind

Novamind Inc. (CSE:NM, OTC:NVMDF, FSE:HN2) is a leading mental health company enabling safe access to psychedelic medicine through a network of clinics and clinical research sites. Novamind provides ketamine-assisted psychotherapy and other novel treatments through its network of integrative mental health clinics and operates a full-service contract research organization specialized in clinical trials and evidence-based research for psychedelic medicine.

About the Role

The accounting and FP&A functions are expected to provide operations leadership with analysis and advice regarding how to most effectively utilize the company’s financial resources to increase profitability and grow the company at an optimal rate.

Reporting to both the Chief Operating Officer and the Senior Vice President Clinic Expansion and Integration, you will lead and manage the accounting and finance functions for the company. You will be primarily responsible for establishing and maintaining Novamind’s accounting practices, procedures, and initiatives. You will also oversee the day-to-day management of the company’s finance and administrative operations.

This role is in Utah

Responsibilities and accountabilities include, but are not limited to the following:

  • Execution of all finance and administrative functions, including planning, coordinating, and executing the annual budget process, oversight of payroll/benefits, cash flow management, purchasing workflow and operations internal control
  • Coordinate with Novamind subsidiaries to establish accounting and reporting systems and processes
  • Preparation of all financial reports, outlooks and forecasts for the entire operations value stream
  • Working with the various Novamind functions, perform regular financial analysis, establish financial budgeting, planning, forecasting, and reporting structures and cadences
  • Developing financial tracking and reporting mechanisms for planned growth projects and those already underway
  • Evaluate and report on Operations overall financial health.
  • Evaluate and report on Novamind’s product portfolio and their financial performance, identify product utilization as well as profitability and deliver insights to support higher utilization
  • Examine and evaluate the cost-efficiency of each function, clinic and product then offer insights into cost opportunities.
  • Working with individual departments to prepare budgets and consolidate them into one overall corporate budget
  • Prepare internal reports for operations executive and senior leadership and provide support in their decision making
  • Create, update, and maintain financial models and detailed forecasts of the operations’ future operations
  • Compare historical results against budgets and forecasts, and perform variance analysis to explain differences in performance and work with the respective departments to drive improvements in performance going forward
  • Consider opportunities for expansion and growth, map out growth plans, including capital expenditures and operating costs. Generate three - to five - year financial forecasts based on corporate business plans
  • Key skills and qualifications:

  • Capable of handling and intelligently analyzing a mountain of different types of data and data evaluation metrics
  • Good problem solvers. Able to decipher the various puzzle pieces that constitute a company’s finances and envision putting the pieces together to formulate a variety of possible growth scenarios
  • Creative problem solver, with a natural or cultivated talent for financial analysis, modeling, and forecasting
  • Bachelor’s Degree in Accounting required
  • 3+ years Financial Analysis and Accounting experience
  • 3+ years demonstrated experience with corporate operations P&L development and performance reporting
  • 3+ years demonstrated experience with financial operational KPI (Key Performance Indicator) development, tracking, reporting and analysis
  • CPA Credential preferred
  • Must possess strong leadership skills and can communicate effectively with management team
  • Proficiency in QuickBooks, Microsoft Excel, Word, MS Office
  • Attention to detail and accuracy
  • Ability to work and meet deadlines
  • Dependability and punctuality
  • Organizational, planning & time management skills
  • Work with external auditors for compliance with public company reporting requirements
  • Maintain and implement policies and operating procedures, internal controls, and accounting standards
  • Assist in the preparation of financial analysis and models for contract negotiations, investment decisions and acquisition activities
  • Working with the Novamind M&A team support deal financial analysis as required. Following acquisition support the monitoring and tracking of financial KPI’s for the transactions
  • As Novamind growth plans are implemented, work with the leadership teams to implement finance systems technology to support the continued growth and expansion of operations
  • Other duties as requested by Novamind’s senior leadership team
  • Excellent benefit package including health, dental, vision, and life insurance, 401(k) with employer match, PTO, Holiday Pay, and Flexible Savings Account. Must pass post-offer, pre-employment background check. Benefits dependent on hours worked.

    To apply, please submit your resume to careers@novamind.ca along with the title and location of the position you are applying for.

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