Alex Gray, corporate controller, Fullscript

Alex Gray
Alex Gray
Editor's Note

Each year, OBJ and the Ottawa Board of Trade honour 40 of the region’s top young entrepreneurs, business executives and civic leaders and recognize them for their professional achievements, expertise and community service.

Click here to see the full list of the 2020 recipients and click here to watch the special Ottawa Stronger Together broadcast honouring the year’s recipients.

 

2020-06-12

Being in charge of a company’s financial processes is never an easy job, but doing it at a firm that’s perennially on the list of Ottawa’s fastest-growing enterprises poses even more of a challenge.

But that’s exactly what Alex Gray has done, rolling out new finance and accounting processes and shaping key financing systems at Fullscript. The online platform that helps health-care professionals to prescribe natural health supplements has grown from 20 employees to more than 350 over the past several years, and Gray has played a major role in the firm’s rapid ascent.

The firm’s 2018 merger with Arizona-based Natural Partners required Fullscript to adopt new financial reporting policies, a process overseen by Gray. His strong stewardship helped lay the groundwork for a US$25-million series-B venture capital round the following year, when he helped integrate financial data from both companies and produced revenue and profit forecasts that were essential to landing the deal.

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Gray has shown a knack for finding efficiencies as well – for example, implementing an integrated software system that calculates, collects, stores and files income tax from 47 different U.S. states.

A commerce graduate of the University of Ottawa’s Telfer School of Management, Gray has also displayed strong community spirit outside of the office. He and three buddies organized Typically Canadian, a year-long fundraiser that saw volunteers cycle across Canada to raise more than $150,000 for cancer clinics and research.

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