VP, FP&A - On-Prem Software (Subscription-Based Recurring Revenue)

Simplex • Austin, TX

2d • Remote

About The Position

This is a 100% remote role based anywhere in the United States. Our client is a fast-growing, Private Equity-backed Network Infrastructure / Security Software company looking for a VP / Head of FP&A. The company: They are exploring a sale and have been private equity-owned since 2022. They have 500+ employees, over $200M in Revenue with "low teens" historical growth, a very sticky customer base (mid-90% retention), and are profitable with "mid-30s" EBITDA. They have acquired multiple companies over the last few years. You will come in at the start of the transaction process and support the company through the sale. The company's business is complex, and there will be a very steep learning curve with limited time to get up to speed, so we are looking for someone who can come in and understand the nuances of working with on-prem revenue / ASC606 and how that impacts forecasting. There is a strong existing accounting support function that will work closely with the FP&A function.

Requirements

• 15+ years in FP&A / Leadership with an emphasis on forecasting, financial analysis, and modeling
• Familiarity with FP&A within On-Prem Software (Subscription-Based Recurring Revenue) environments is critical.
• Experience working at other equivalent Network Infrastructure / Security Software companies is ideal.
• Experience in an equivalent scaled organization (500+ employees, 200M+ Revenue)
• Experience working under other Private Equity Sponsors - M&A / Transaction, Capital Raising background
• Track record of influencing leadership decisions through clear communication of complex data analysis
• Experience thinking strategically about complex business problems, leading to recommendations and action plans

Nice To Haves

• Background in banking, consulting, or due diligence/advisory earlier in your career is a plus

Responsibilities

• Support the company through a successful sale/transaction over the next 9-12 months, interfacing with the PE Sponsor as well as the buyer.
• Quickly gain a deep understanding of the business - Forecasting, Sales Cycles (9+ months), Revenue Recognition (ASC 606), Customer Expectations, Operational Complexities.
• Integration of 3 acquisitions and their data/platforms over the last few years.
• Lead P&L reporting and forecasting processes (monthly, quarterly, annual, and long-range plans) with a high degree of accuracy and transparency
• Build and maintain and present robust financial models and systems to support scenario planning, decision-making, and provide visibility into key metrics and relevant KPIs
• Manage a team of ~15.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed