VP, Finance & Procurement

The Vice President of Finance & Procurement (VP) is a strong leader & effective communicator who has a history of building successful teams, forging effective business relationships, and driving business results. This is a hands-on role and perfect for a self-starter who will thrive in a dynamic and fast-growing environment. This individual possesses broad experience across Finance and Procurement and is comfortable and proficient working in the details but is also a big picture & systematic thinker. Additionally, the ideal candidate consistently delivers with high quality, accuracy, completeness & timeliness and will have strong capabilities in financial analysis and modeling to understand and influence business performance. This leader is a team-player and coach with strong foundational skills and an ability to take the team and the business to a higher level. This role is integral to TeleTracking’s success.

Primary Duties

Leadership

• Responsible for the leadership and direction of the Finance & Procurement function, which consists of Financial Reporting, Revenue & Billing, Sales/Business Control, Financial Planning & Analysis, Treasury, Tax, Credit & Collections, Payroll, Accounts Payable, and Procurement.
• Attract, retain, and develop talent, ensuring the needed capabilities for now, as well as future.
• Motivate & engage team with clear purpose and link to company’s mission and strategy, via functional strategy, clear goals, and connection to broader mission.
• Serve as a member of the Finance & Operations Leadership Team and contribute cross-functionally with input and insights on a variety of topics to support the business at large.
• Be a trusted, helpful, and engaging business partner to the organization to enable transparency, growth, profitability, and sound business decisions.
• Actively engage with senior executive leaders and support them with information, insights, and advice.

Strategic

• Develop & maintain an updated 5-year financial plan, inclusive of capital allocation plans tied to the company’s strategy and growth aspirations.
• Provide financial data, insights & advice to business leaders to drive value creation.
• Provide perspective on different dimensions of the business: Market Contribution, Product Contribution, Customer Contribution.
• Provide scenario modeling and other ad-hoc analysis as needed.
• Ensure capital is properly allocated to enable strategy execution and that expenses are within approved budget/forecast levels.
• Contribute to commercial activities, with advice that enables profitable growth.
• Support various corporate objectives, strategic initiatives, and ad-hoc analysis & projects.
• Support M&A activities if/when required.

Financial Operations

• Ensure compliance with statutory and regulatory requirements.
• Ensure quality and control with monthly/quarterly/annual compliance activities (e.g., closing, forecast, bank reporting, budget, audit, taxes, etc.).
• Serve as a liaison for the annual financial audits for both the parent corporation and foreign subsidiaries.
• Drive preparation of the annual financial budget and quarterly forecasts.
• Consistently monitor and analyze the organization’s progress towards meeting its P&L & Cash Flow targets through variance analysis and forecasting efforts.
• Support management with the credit facility and other related treasury needs.
• Oversee the preparation of the Monthly Business Review package, which includes detailed view of key metrics and trends, inclusive of P&L, B/S, Cash Flow and underlying drivers. Present the monthly business review to the senior leadership team for information, discussion, and action.
• Support development of financial content for Board Presentations, Bank Presentations, & other Presentations.
• Drive speed, accuracy, and optimization with processes & tools, in tight cooperation with IT, to enable increasing time for value creation activities.
• Foster innovation & implement changes for improving cross functional operating processes.

Procurement

• Provide guidance to Procurement team to ensure high quality goods and services are purchased at a reasonable cost and within budget/forecast levels.
• Partner cross-functionally with Sales, Services, R&D, and Legal to ensure Procurement is enabling profitable growth of the Hardware and SaaS business.
• Ensure best practices are established and followed with vendor management. Support the organization with proactive supplier evaluations and execution of new/prospective vendor contracts.
• Ensure a smooth and optimal supply chain is in place while supporting the troubleshooting of supplier issues as needed.
• Ensure compliance with federal government subcontracting plan (annual update and submission of plan, monitoring & reporting, supplier diversification, etc.).
• Drive cross functional & continuous improvement in the end-to-end Procure-to-Pay process from vendor selection all the way through payment with best practice processes, procedures, and workflows.

Experience

• 15+ years of experience in progressive finance roles - Required
• 8+ years of leading a high-performing finance team with the ability to drive and support change and transformation - Required
• Strong knowledge of revenue accounting standards (ASC 606) - Required
• Prior audit experience at a Big 4 or large regional firm - Preferred
• Experience in a software and services company (SaaS and healthcare industry a plus) – Preferred
• M&A evaluation, diligence, integration experience - Preferred

Skills

• Must have the highest level of integrity, ethics, and values - Required
• Detail-oriented with superior analytical and problem-solving abilities - Required
• Strategic thinker with the ability to grasp the tactical details - Required
• Ability to communicate effectively (both verbal and written) at all levels of the organization - Required
• Proven business partnering skills, with demonstrated ability to influence and work cross functionally - Required
• Understands how finance supports the business and advises to enable desired business outcomes - Required
• Ability to work within a fast-paced, deadline-oriented environment with minimal supervision - Required
• Advanced Excel proficiency such as pivot tables, VLOOKUPs, and other complex formulas - Required
• Proficient with ERP systems (NetSuite preferred but not required) - Required

Licenses or Certifications

• Certified Public Accountant (CPA) - Preferred
• Master’s in business administration (MBA) - Preferred

Work Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable qualified individuals with disabilities to perform the essential functions. The term "qualified individual with a disability" means an individual with a disability who, with or without reasonable accommodation, can perform the essential functions of the position. While performing the duties of this job, the employee is regularly required to communicate professionally in person, over the telephone, through email and other electronic means, move about the office, handle various types of media and equipment, and visually or otherwise identify observe and assess. The employee is occasionally required to lift up to 10 pounds unless otherwise specified in the job description.

TeleTracking has certain roles which may require a COVID-19 vaccination, and therefore has a COVID-19 policy which mandates vaccination or an approved exemption due to religious or medical reasons for certain roles. Any accommodation request will be objectively considered in accordance with the Federal, State, and Local laws on a case-by-case basis.

TeleTracking is committed to providing equal employment opportunity to all people in all aspects of the employment relationship, without discrimination because of race, age, sex, color, religion, national origin, disability or status as a Vietnam era or special disabled veteran or any other unlawful basis, as defined by applicable law, and fostering a workplace free of unlawful discrimination and retaliation. This policy affects decisions including, but not limited to, hiring, compensation, benefits, terms and conditions of employment, opportunities for promotion, transfer, layoffs, return from a layoff, training and development, and other privileges of employment.

An integral part of TeleTracking’s commitment is to comply with all applicable federal, state, and local laws concerning equal employment and affirmative action.

This role is being managed by an outside party and applicants must send a CV to Dressler Search Group. jeff@dresslerresearchgroup.com . Applicant that apply directly to this posting will not be under reviewed further.