Sr. Vice President, Finance

Work Address

816 Camaron Street

Overview

Explore your passion with us!

Founded in 1988, Child Development Schools is headquartered in Austin, TX operating over 260 childcare centers in 11 states. Our three early childhood education brands are Childcare Network, Sunrise Preschools, and My Small Wonders. We proudly provide quality care and developmental education to over 30,000 children aged six weeks to twelve years.

We have a great opportunity for a Senior Vice President of Finance to join our growing company!

The Senior Vice President of Finance will lead the Company's Finance and Accounting teams and will also have overall leadership responsibility for IT and Corporate Real Estate. This role will report to the Company's President and will partner with the Chief Operating Officer as part of the Executive Leadership team. This role is critical in establishing and executing operational strategies and long-term planning.

This position can be located in Raleigh, NC or San Antonio, TX.

Responsibilities

  • Partner with Chief Operating Officer to drive the operational execution of business strategies and support tactical initiatives based on relevant KPIs
  • Drive P&L management and operating results
  • Manage, mentor, and develop teams
  • Manage the capital request and budgeting processes
  • Develop and track key performance measures that support the Company's strategic direction
  • Partner with executive management to drive operations and financial execution
  • Drive growth opportunities through organic and inorganic growth
  • Develop financial and tax strategies for the business
  • Manage all treasury functions; monitor cash balances, forecasts, and investments
  • Arrange for debt and equity financings
  • Coordinate and lead the annual audit process, liaise with external auditors, and present to the audit committee
  • Drive the implementation of ERP with defined and documented SOPs


Finance and Accounting

  • Develop KPI dashboards and reporting, and drive business operating results in accordance with goals and budgets
  • Manage, with Chief Operating Officer, financial and operating results of the business
  • Make recommendations on how to improve financial performance and execute operational improvement plans
  • Drive core financial planning and analysis, including budgeting, forecasting, and variance analysis
    • Manage, and implement consistent budget and forecast cycles
    • Drive the creation of high-fidelity financial reports that deliver necessary insight to key stakeholders
  • Provide and hold organizational leaders responsible for capital and operating expense spend
  • Evaluate accounting and financial reporting systems to determine replacement needs
  • Oversee finance and accounting best practices and systems
    • Treasury / cash management and liquidity forecasting
    • Monthly close process
    • Annual audit process
    • Corporate tax planning
    • Insurance strategy and planning
    • Design new, improve existing, and add automation to all financial controls
  • Own and facilitate monthly financial review process with GDH and Company leadership
  • Own and facilitate quarterly financial reporting process with lenders
  • Support Company Board meetings, materials preparation and presentation
  • Drive development, automation, and visualization of operational reporting metrics
  • Coordinate with IT on data centralization and management
  • Develop reports highlighting early indicator metrics for critical business components, such as enrollment and labor


Other Essential Functions

  • Manage and mentor VP of Information Technology and Director of Corporate Real Estate and each respective team and goals
  • Create and implement delegations of authority
  • Monitor macroeconomic trends and develop proactive action plans, as appropriate
  • Manage all financial systems implementations and upgrades
  • Evaluate finance and accounting talent
  • Support and foster lender relationships
  • Capital markets transaction execution support (e.g., bank refinancings, lender consents, capital distributions, debt/equity transactions, etc.)


Our Benefits Provide:

  • Discounts up to 50% off childcare tuition
  • Medical/Dental/Vision Insurance plans
  • Paid Holidays, Vacation, and Sick Leave
  • Free access to online training
  • Education assistance to pursue your degree
  • 401K plan savings and investment plan with employer contribution


Requirements

  • Bachelor's Degree in Business Administration, Finance, or Economics preferred
  • At least ten years of progressive Corporate Finance, Accounting, or FP&A experience at a multi-unit operating company, including experience leading teams.
  • Significant experience in leading teams to execute all aspects of finance and accounting
  • Superior analytical and problem-solving skills, with demonstrated intellectual and analytical rigor
  • Ability to manage complex cross-enterprise projects and processes with multiple stakeholders at both senior and junior levels across a diverse range of personalities
  • Exceptional program and project management skills with an ability to manage multiple workstreams simultaneously
  • Excellent presentation skills, including strong oral and writing capabilities; ability to clearly communicate compelling messages to senior managers and external business partners
  • Demonstrated success working both independently and in highly collaborative environments
  • Strong cross-group collaborator with excellent management skills and the ability to build relationships
  • Self-motivated and acts and thinks like an owner/entrepreneur
  • Expert level Microsoft Excel and financial modeling skills
  • Moderate travel required to schools and other corporate offices (~25% travel expectation)


Want to learn more about Child Development Schools? We're always looking for nurturing, innovative, and dedicated individuals to join us and explore their passion for child care and early education. Please click to join our Talent Network so we can keep in touch about other current and future opportunities!

Child Development Schools 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.