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Vice President, Finance

The Vice President of Finance ("VP") at Absolute Security is a key member of the Executive Team that drives our strategic planning, budgeting/forecasting processes and business analysis.  This role also assists in goal setting, through initiatives and OKR’s, supporting business development analysis and interacting directly with the Board of Directors.
 
Most important, the VP plays a key leadership role within the overall CFO organization partnering with the company’s executive leadership team around building our strategy, setting our direction, ensuring our financial health, demonstrating great business partnering skills and leading an international team.
 
The VP oversees the development of our long term financial plan and the annual budget, ensuring it is aligned with our business strategy and investment thesis.  They also own the Company’s financial forecasts and business planning as well as management reporting of historical results.  These rely on robust financial models derived from our management reporting data lake and reporting tools that are managed by this team.  The key outcome includes translating initiatives, cascading objectives and goals into meaningful SaaS metrics and KPIs; managing the FP&A team; optimization of SaaS and Private Equity management reporting, preparations for quarterly Board reporting, performing ad-hoc business analysis to identify ways to improve our operations and related corporate finance and financial analysis activities. 
 
The VP serves as a key business partner and interacts and coordinates with colleagues in Sales, Product Management, Engineering, HR, Marketing and IT to drive the planning, analysis and evaluation of business transactions, financial forecasts and long-term strategic planning initiatives for the Company.  This role will also drive the analysis and evaluation of the company’s operating results, SaaS metrics, business initiatives and opportunities, and strategic initiatives, as well as oversee the company’s capital allocations and various related returns-based investments and activities. 
 
Other specific responsibilities of the role include:
  • Manage and mentor an international team of FP&A professionals, encouraging a culture of teamwork, continuous learning and excellence.
  • Serve as key business partner and contributor to growth strategies, tactics, mid and long-range planning for this growing SaaS business.
  • Advise senior management on milestones and metrics associated with running a growing, scaling SaaS business, including SaaS metrics, ARR, MRR, CAC, LTV, ACV, churn, etc.; make recommendations to strategically enhance financial performance; collaboratively develop operating policies and procedures and improvement programs for the attainment of corporate and business objectives.
  • Develop, analyze, and interpret financial and operating results and information; improve forecast accuracy and visibility.
  • Develop and direct management financial reporting systems including the Company’s forecast platform in Planful; ensure the efficient day to day operation of the Financial Planning and Analysis activities through the development and management of all internal and external financial reports, forecasts, budgets, mid and long range plans, etc.
  • Contribute to management of product and business margins in order to drive Company profitability.
  • Drive the preparation and review of annual budgets and forecasts, with the purpose of providing visibility into the business and establishing financial guidance targets. Oversee the calendar to ensure that business reviews, flash reporting, management reporting, budgeting and forecasting operates smoothly.
  • Drive the design, development and utilization of product and/or channel costing models.
  • Provide additional support and contributions to such company initiatives as new business and M&A opportunities.
  • Identify and/or enhance key performance Indicators, such as customer acquisition cost, customer retention, renewal rates, churn, etc., that measure the competitive, financial, and operational effectiveness of the business and strategic focus areas.
  • Develop scorecards and regularly report on progress against the strategy.
  • Integrate the strategy with the financial planning process to ensure tight linkage between strategic goals and the budget.
  • Drive the evolution and execution of financial updates for various internal and external stakeholders, including CEO, executive leaders and the Company’s Board of Directors.
  • Provide support for ad-hoc financial projects and analysis along with financial presentations for executive management and Board of Directors.
  • Lead and develop the FP&A team, ensuring that the department is consistently meeting the needs of the Company’s financial planning and analysis requirements.
  • Develop and implement frameworks for effective investment decision making, such as ROI, EVA, and Economic Profit analytical tools to ensure decisions are made in alignment with creating shareholder value
  • Provide financial evaluation and implications for new products, operating models, sales contracts, marketing programs, and technology solutions relating to the business
  • Develop product/channel/geographic customer profitability model to improve ROI.
  • Work with business users to understand business processes and reporting requirements, and translate them into functional specifications for BI reports. Interpret business specifications to produce technical requirements documents (data mappings, etc.) for the BI environment.
  • Protect the security and privacy of Absolute and its customers
Experience & Qualifications:
  • Bachelor's degree in Accounting, Finance or related major is required; an MBA, related Master's Degree or CPA is highly desirable.
  • A minimum of 15 years of progressive financial planning and analysis and/or corporate finance management roles in high growth, multinational companies, preferably at least one SaaS that have reached at least $100m in annual revenues.
  • Demonstrated expertise in finance and strategic planning, including core competencies in developing and analyzing SaaS metrics, CAC, LTV, etc.; budgeting and reporting; financial modeling and analysis; capital budgeting and familiarity with corporate accounting.
  • A minimum of 5+ years in a senior leadership position, with demonstrated history and ability dealing with executive management.
  • Previous experience with M&A activity, including managing transaction initiatives is highly desirable.
  • Strong management skills; a proven leader in training and developing  high-performing organizations and team members; a proactive leader and effective coach committed to the development and engagement of their team.
  • Strong self-awareness and interpersonal skills: strong ability to build relationships; a good listener with outstanding influencing qualities and a natural, effective consultative style.
  • Ability to respond and prioritize effectively & meet deadlines; an effective and decisive leader under pressure and someone who works with a sense of urgency yet calm and in control.
  • Independent/flexible problem solver with ability to cope positively with changes in the work environment.
Personal Attributes:
The ideal candidate will be high-energy, intellectually curious, results-driven and assertive; they will also be collaborative and operate transparently. They will be resourceful and adaptable and will be someone who seeks-out opportunities to reach out to the business, build engagement and add value. The successful candidate will have strong communication skills and will be capable of presenting to a wide variety of audiences. They will be a strong leader and people manager, capable of coaching and mentoring a team to achieve career goals and development. Success will also be driven by someone who has a passion for SaaS companies and growth, someone who has a drive to innovate and a strong comfort level to experiment and learn.
 
Why Work For Us:
You’re resilient and passionate about securing the Work from Anywhere era. So are we.      
      
We’re in search of the best and the brightest – everyone from innovators, sellers and marketers to financers, operators and especially customer relationship managers – we’re looking for top tier talent to help us shape the next decade of security, drive innovation that enables customers with truly disruptive solutions and are dedicated to making a meaningful difference.      
Headquartered in Seattle, Washington with international offices in Vancouver - BC, Austin - TX, Boulder - CO, Ankeny – IA, Reading - UK and Ho Chi Minh City – Vietnam, Absolute Software accelerates customers’ shift to work-from-anywhere through the industry’s first self-healing Zero Trust platform, ensuring maximum security and uncompromised productivity. Only Absolute is embedded in more than half a billion devices, offering a permanent digital connection that intelligently and dynamically applies visibility, control and self-healing capabilities to endpoints, applications, and network access to ensure their cyber resilience tailored for distributed workforces.      
      
Our vision is to be the world’s most trusted security company – and to empower end users to connect securely and from anywhere, to all the applications they need to collaborate and get their work done, without interruptions and with an optimal network experience. Absolute currently serves approximately 16,000 customers with more than 13 million activated endpoints globally. G2 recognized Absolute as a Leader in the Winter 2022 Endpoint Management and Zero Trust Networking Grid Reports, reflecting our continued customer satisfaction across product lines. To learn more about Absolute, visit our website at www.absolute.com or visit our YouTube channel

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Absolute Software is a company that develops a cloud-based platform that gives IT and security professionals complete awareness and control of devices, data, and applications, whether on or off the network or in the hands of an unauthorized user. ...

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Full-time, remote
DATE POSTED
November 23, 2024

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