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Director of Finance and Accounting

NY Kids Club, a PE backed company, is a leading branded provider of premium early childhood
enrichment classes, preschool, camps, parties and events in New York City and Chicago. Since its
founding in 2001, the company has grown to 18 centers that annually serve 40,000+ children
ranging in age from two months to 12 years. The Company has internally developed a diverse
array of proprietary curriculum, with dozens of unique programs. The Company primarily
operates in densely populated urban areas characterized by a high population of medium-to
upper-income residents with young children.

We are looking for a Director of Finance and Accounting who will fill the role of a strategic
business partner to our executive leadership team. The Director of Finance and Accounting will
have complete responsibility and ownership of all related accounting and financial functions. In
addition, this role will cooperate with the leadership team on real estate activities related to site
expansion. We need someone who is tech-centric that can work with our senior team to build and
analyze large sets of data to better evaluate business trends and operating metrics. We teach
young children through educationally infused music, dance, and play, so we inherently have a lot
of energy and are very talented, dedicated and innovative.


Duties and Responsibilities:

  • Responsible for overall controllership and finance activities across multiple locations
  • Review and sign off on all related monthly close reconciliations and support
  • Provide detailed oversight to the accounting manager; strong GAAP knowledge,
  • specifically with regards to deferred revenue and capitalization procedures
  • Act as the company’s financial expert; develop companywide strategic goals with go
  • forward plan in place to maximize achievability; support executive team to grow
  • sales, EBITDA and maximize profitability
  • Enhance financial reporting capabilities (timeliness, analytics, forecasting, etc.);
  • improve analytic and forecasting capabilities to evaluate location level trends with
  • automated management reports via salesforce
  • Serve as thought partner; actively participate in company’s executive management
  • team discussions; support executive team with board presentations and management
  • meeting
  • Produce monthly financial reporting package and quarterly bank covenant reports
  • Manage KPI dashboard; track performance and evaluate strategy to address
  • performance
  • Refine strategy to optimize program profitability and innovation; develop data
  • tracking
  • Responsible for the budget process and bridging variances throughout the year; support
  • and educate department budget owners
  • Assess and maintain strong internal financial controls, document, and ensure policies
  • are followed by the Accounting Manager
  • Main point of contact for external audit; support accounting manager during audit
  • fieldwork
  • Serve as primary contact with lenders and external tax team; provide requested
  • information and ensure timely filings
  • Educate operations field on how to financially optimize sites
  • Create operational effectiveness and continuous improvement around departments
  • Comply with federal, state, and local legal requirements by studying existing and new
  • legislation; anticipating future legislation; enforcing adherence to requirements;
  • filing financial reports; advising management on needed actions
  • Involved in ad hoc projects

Qualifications:

  • Bachelor’s degree in accounting or finance, Masters/MBA
  • 10-15 years of finance/operational experience
  • Proven track record as a finance leader of private equity or venture-backed business
  • Strong tech skills
  • Multi-location, education industry, and real estate experience is a HUGE plus
  • Ability to make relationships in relation to partnering opportunities and marketing
  • A personality which will thrive in a high energy environment


To be successful in the role, you will need to have

  • “Roll up your sleeves” type personality - high level of ownership and accountability
  • Entrepreneurial mindset
  • Significant experience with deferred revenue and bank debt covenant structures
  • Strong ability to take initiative, make decisions, and execute with minimal oversight
  • Strong financial analytical skills (can “slice up data” in multiple ways)
  • Strong management of financials, cash flow, and internal controls
  • Previous experience with Salesforce and system deployments preferred
  • Quickbooks familiarity and strong Powerpoint skills
  • Effective communicator with staff, C-Suite team, investment group and bankers
  • $145k to $155k plus bonus and potential equity, subject to experience.
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