Vice President, Finance and Accounting

📋 Description

• Direct the long-term financial strategy and planning of the organization.

• Take ownership of multi-year financial models, scenario planning, and the capital allocation strategy.

• Convert the company vision into financial objectives and actionable plans.

• Collaborate with the Chief Executive Officer, Chief Revenue Officer, and the executive team on significant strategic choices including pricing, growth investments, and market expansion.

• Deliver data-driven insights and ROI analyses to inform resource allocation decisions.

• Supervise budgeting, forecasting, and variance analysis with an emphasis on business drivers.

• Work alongside leadership to formulate and implement financial strategies that align with the organization's overarching goals and objectives.

• Examine financial data to generate insights regarding the company’s financial health, trends, and potential areas of concern.

• Present financial reports to leadership, the Board of Directors, and external stakeholders as necessary.

• Guide the organization through the annual audit and any other required state or federal filings.

• Manage daily accounting operations and oversee the functions of accounts payable, accounts receivable, general ledger, and payroll.

• Ensure compliance with accounting principles, regulations, and organizational policies.

• Offer guidance, mentoring, and professional development opportunities to team members.

⛳️ Requirements

• Master’s degree in accounting, finance, or a related area; CPA designation is strongly preferred.

• A minimum of 8 years of relevant work experience, including at least 5+ years supervising finance staff.

• Preferred experience in building, managing, and expanding a finance function for a growth-stage organization.

• Experience in leading financial operations and strategy within an organization with an annual budget of $25-$50 million is preferred.

• Strong understanding of accounting principles, financial reporting, and regulations (GAAP).

• Expertise in financial and accounting software, reporting systems, and proficiency in Microsoft Excel and other leading business intelligence/reporting tools.

• Proven leadership skills and organizational abilities, demonstrating maturity, dependability, integrity, and initiative.

• Strong analytical and data analysis capabilities, with the ability to manage large volumes of data for generating reports to aid decision-making at the company level.

• Exceptional management skills, capable of leading multiple projects simultaneously in a dynamic and fast-paced environment.

• Strong abilities in team building, mentorship, delegation, skill enhancement, and career development.

• Excellent communication skills, both oral and written, along with presentation skills that enable the synthesis of complex issues while maintaining professionalism when representing CommonLit to external partners.

• Ability to handle sensitive and confidential information with discretion.

🏝️ Benefits

• Health, dental, and vision insurance.

• HSA and FSA plans, including Medical FSA, Limited FSA, and Dependent Care FSA options.

• Company-sponsored basic life insurance, with additional options for supplemental life insurance.

• Legal insurance.

• 401(k) retirement plan featuring a 4% safe harbor employer match.

• Access to exclusive discounts, such as pet insurance, hotel booking discounts, and more.

• Support for remote work, including a stipend for home office setup.

• Generous time-off policies, including:

• 16 paid holidays each year.

• Accrued paid time off and sick leave.

• Paid family leave, encompassing caregiver leave, medical leave, and 12 weeks of paid parental leave.

• 2 floating holidays.

• Leave for volunteer and school visitation activities.

• Jury duty leave.

• Bereavement and compassionate leave.

• Leave for blood, bone marrow, and organ donation.

• Flexible work options.

• Low-stress weeks around Thanksgiving and in late December.