VP of Finance - Childcare Centers

Job Title: Vice President of Finance Location: Yellow Brick Road Early Childhood Development Center, [Insert Location] Position Type: Full-time Reporting To: Chief Executive Officer (CEO) Company Overview: Yellow Brick Road Early Childhood Development Center (https://ybrecdc.
org/) is a leading provider of high-quality early childhood education programs.
Our 21 centers (located in Minneapolis / St Paul, MN metro, Des Moines, IA Metro, and Omaha NE Metro) are dedicated to nurturing the growth and development of young children, providing them with a safe, stimulating, and supportive environment where they can thrive.
We are committed to excellence in education and are seeking a Vice President of Finance to join our dynamic team and contribute to our continued success.
Job Description: Yellow Brick Road Early Childhood Development Center is looking for a Vice President of Finance to oversee all financial aspects of our organization.
The ideal candidate will have extensive experience in financial management, strategic planning, and budgeting, as well as a strong commitment to our mission of providing exceptional early childhood education.
Key Responsibilities: 1.
Financial Planning and Analysis: Develop and implement comprehensive financial plans, and forecasts to support the organization's growth objectives.
Monitor financial performance and provide strategic recommendations to senior management.
2.
Financial Reporting: Prepare and present accurate and timely financial reports, including monthly accrual financial statements, variance analysis, and key performance indicators (KPIs), to the CEO and Owners.
3.
Month End Close: Plan, organize and perform month-end journal entries and reconciliations, including but not limited to: · Manage month-end workflow to ensure completeness.
· Compile and analyze financial information to prepare journal entries into general ledger accounts and document transactions.
· Review journal entries prepared by staff accountants.
· Assist in preparing and/or review various account reconciliations (ex.
accrued expenses, prepaid expenses, bank reconciliations, payroll reconciliations, deferred revenue, lease accounting) 4.
Cash Flow Management: Manage cash flow and liquidity to ensure the organization's financial stability and sustainability.
Develop and implement strategies to optimize working capital and mitigate financial risks.
5.
Budget Management: Lead the annual budgeting process and collaborate with department heads to establish budget targets and allocations.
Monitor budget performance and implement corrective actions as needed.
6.
Financial Compliance: Ensure compliance with all relevant financial regulations, standards, and reporting requirements.
Oversee internal controls and procedures to safeguard assets and maintain financial integrity.
7.
Year End Closing: Plan, organize and coordinate the year-end close process including coordination with external Tax CPA.
8.
Insurance Coordination: Compile and provide information for annual insurance audits.
9.
Ensure Compliance: Oversee completion of licensing applications for all jurisdictions, track appropriately to ensure all renewals are received and submitted to AP for payment on time.
10.
Lease Management: Maintain third-party relationships with landlords and subtenants, ensuring accurate payment under terms of leases and/or subleases.
11.
Strategic Planning: Provide financial leadership and guidance in strategic planning initiatives, including mergers and acquisitions, capital investments, and growth opportunities.
Evaluate financial implications and risks associated with strategic decisions.
12.
Team Leadership: Build and lead a high-performing finance team, providing mentorship, coaching, and professional development opportunities for direct reports within the department.
Foster a culture of collaboration, innovation, and accountability within the finance department.
Oversee treasury, accounts payable, accounts receivable and payroll administration functions.
13.
Maintain third-party relationships with banks, lenders, and landlords.
Qualifications: · Bachelor's degree in Finance, Accounting, or related field; MBA or CPA preferred.
· Minimum of 7-10 years of progressive experience in financial management, with at least 3-5 years in a leadership role.
· Strong financial analysis, forecasting, and budgeting skills.
· Thorough understanding of accounting principles, financial regulations, and compliance requirements.
· Excellent communication, interpersonal, and leadership abilities.
· Proven track record of strategic planning, decision-making, and problem-solving.
· Ability to work effectively in a fast-paced, dynamic environment.
· Passion for early childhood education and a commitment to the organization's mission.
Join us at Yellow Brick Road Early Childhood Development Center and play a key role in shaping the future of young children through excellence in financial management and strategic leadership.
Apply now to become our Vice President of Finance and make a meaningful impact on the lives of children and families in our community.
The position will require some travel and onsite work, but work from home set up is preferred.
Job Type: Full-time Pay: From $95,000.
00 per year Benefits: * 401(k) * 401(k) matching * Dental insurance * Employee discount * Health insurance * Life insurance * Paid time off * Vision insurance Experience level: * 7 years Schedule: * 10 hour shift * 8 hour shift * Monday to Friday License/Certification: * CPA (Required) Ability to Relocate: * Des Moines, IA 50309: Relocate before starting work (Required) Work Location: Hybrid remote in Des Moines, IA 50309