Job Title

Add expected salary to your profile for insights Wellumio is a venture-backed medical device company on a mission to empower timely stroke intervention with rapid, point-of-care diagnostics. Magnetic resonance is the gold standard in medical imaging for acute stroke. Yet access is constrained by high costs, heavy infrastructure, and the need to move patients to fixed scanners. Instead of bringing patients to the scanner, Wellumio is building technology that brings the scanner to the patient. Wellumios MRI-based brain imaging system, Axana, is a portable, energy-efficient scanner designed for point-of-care use in emergency departments, rural hospitals, and pre-hospital settings. Its first application is acute stroke, one of the leading causes of death and disability worldwide, where every minute of delay to treatment leads to further brain injury and worse long-term outcomes. By removing traditional barriers to diagnostic imaging and embedding Axana directly into frontline stroke workflows, Wellumio aims to enable earlier diagnosis, faster treatment, and better outcomes for patients globally. b>The Opportunity Were looking for a Head of Finance to build and lead Wellumios finance function and strengthen the operational backbone of the company as we scale. This is a high-impact role at the center of strategy, fundraising, and execution. Youll work closely with the CEO and leadership team to connect our technical, clinical, regulatory, and commercial plans to a clear financial strategyand ensure the company runs with the rigor needed for a regulated, capital-efficient medtech business. At Wellumio you will: Work with a talented, mission-driven team across medicine, engineering, and commercial disciplines. Help build a novel point-of-care brain imaging technology from the ground up. Operate in a fast-paced environment that rewards initiative, clear thinking, and impact. b>Key Responsibilities b>1. Financial strategy, planning & analysis Own and continually refine Wellumios consolidated financial model across its parent company and subsidiaries (P&L, balance sheet, cash flow, headcount, and capex) linked to product, clinical, and regulatory milestones. Lead budgeting and forecasting cycles; run what-if scenarios across funding options, timelines, and hiring plans. Develop and maintain financial KPIs and dashboards that connect spend to technical, clinical, and commercial progress. Provide clear, data-driven recommendations to the CEO and Board on capital allocation. Prepare financial materials and analysis for equity raises, grant applications, and debt facilities. Build and maintain the data room (financials, metrics, forecasts, supporting analyses). Partner with the CEO in investor meetings, Q&A, and due diligence, acting as a key spokesperson on Wellumios numbers and operating plan. Support ongoing shareholder and board reporting, including quarterly packs and ad-hoc analysis. b>3. Finance operations & compliance Oversee day-to-day finance operations in partnership with external accountants/bookkeepers, including: Cash management and treasury AP/AR and invoicing Payroll coordination and approvals Monthly and year-end closes Ensure accurate, timely financial reporting and compliance with relevant accounting, tax, and grant requirements in New Zealand and Australia (and future jurisdictions as we expand). Implement pragmatic controls and policies appropriate for a scaling medtech company. b>4. Operational leadership Align budgets, resources, and timelines with the Program Manager and leadership team across: Product development and engineering Clinical trials and site operations Manufacturing and supply chain Regulatory and quality programs Design and implement lightweight processes/tools (planning, reporting, vendor management, simple SOPs) that improve coordination and delivery. Support people operations basics (headcount planning, compensation benchmarking, benefits costs, HR systems) alongside founders and external HR support. Assist with legal and commercial operations, including contract review and coordination with external counsel as required. b>5. Grants, rebates & non-dilutive funding Coordinate planning, documentation, and reporting for grants, R&D tax incentives, and other non-dilutive funding. Work with advisors to ensure compliance with program rules while maximising value (e.g. Australian and New Zealand''s R&D Tax Incentive rebates, innovation grants). Incorporate non-dilutive funding assumptions into the core financial model and cash planning. b>6. Commercial & strategic support Partner with the CEO on modelling and validating pricing and business models (capital, subscription, service, and hybrid models). Support health economics and ROI analysis for different customer segments. Contribute finance and operations input to go-to-market planning, early customer proposals, and strategic partnerships. b>7. Building the function Define the future shape of finance and operations at Wellumio as we grow. Lead selection and implementation of finance/ops tooling (accounting, reporting, FP&A, procurement). Over time, hire and mentor additional team membersevolving from hands-on leader to team builder. b>Experience & Qualifications We recognise that great people come from diverse backgrounds. You are likely to have most of the following: Proven CFO or senior finance leadership experience in a start-up or scale-up environment (ideally medtech, life sciences, or regulated hardware) Track record of building finance functions from the ground up, including systems, processes, and teams. Experience managing investor relationships and leading multiple funding rounds. Bachelors degree in finance, accounting, economics, engineering, or related field; CA/CPA/CFA is a pre-requisite. Demonstrated expertise in financial modelling, budgeting, and scenario planning for R&D- and capex-intensive businesses. Direct involvement in capital raises (equity and/or debt) or M&A: preparing models, investor materials, and supporting due diligence. Handson experience with finance operations in a growing company environment (e.g. working with accounting systems, managing external accountants, implementing basic controls). Experience working closely with crossfunctional teams (engineering, clinical, regulatory, commercial) to align plans and budgets. Familiarity with (or strong appetite to learn) regulated medtech environments (e.g. ISO 13485, FDA/TGA/CE pathways) and their impact on cost, timelines, and risk. Prior exposure to grants, R&D tax incentives, or other nondilutive funding programs is highly desirable. Startup or innovation experience in healthcare, imaging, or acute care is a strong plus; motivation to improve patient outcomes is essential. b>Skills & Behaviours Influential leadership: inspires confidence across internal teams and external stakeholders; skilled at influencing without direct authority. Investor gravitas: adept at defending assumptions and articulating strategic tradeoffs in highstakes negotiations. Change agent: thrives in ambiguity; proactively identifies gaps and implements scalable systems and processes. Commercial acumen: understands healthcare economics, reimbursement dynamics, and competitive landscapes to inform pricing and partnership strategies. b>Location Melbourne, Australia or Wellington, New Zealand (hybrid flexible). b>How to Apply If youre excited about building the financial and operational engine behind a new era of pointofcare brain imaging, wed love to hear from you. Please submit your resume and a cover letter outlining: Relevant experience (especially fundraising, modelling, and building finance functions) Why youre excited about this opportunity at Wellumio Wellumio is an equal opportunity employer. We value diversity and are committed to creating an inclusive environment for all employees. b>Application Questions Which of the following statements best describes your right to work in Australia? How many years'' experience do you have as a Head of Finance? Have you completed a certified practising accountant (CPA) qualification? Have you worked in a role where you were responsible for budget management & forecasting? Have you completed a chartered accountant (CA) qualification? How many years'' experience do you have with forecasting for businesses? How much notice are you required to give your current employer? #J-18808-Ljbffr