Sr Strategic Finance Associate
Sr Strategic Finance Associate
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$ 90700 - 126200
1 Vacancy
Job Description
What we are looking for...
Casago is seeking a Sr. Strategic Finance Associate. This is a critical cross-functional role responsible for ensuring the company captures the full value of its market sales and franchise agreements by owning the tracking and enforcement of complex deal terms like earnouts and clawbacks. Acting as the single point of accountability this person will work across Finance Accounting Legal and Ops to monitor performance identify risks and mobilize internal teams to address issuesprotecting revenue reducing exposure and ensuring strategic execution of all buyer and franchise contracts.
This position in 100% remote. Ability to work from home and resides in one of the followings states:AK AL AZ CA CO DE FL GA HI ID IL IN LA MA MD ME MI MN MO MT NC NH NJ NM NV OH OK OR PA RI SC SD TN TX UT VA VT WA WI or WY
What youll do
Market Sales Value Capture
- Work with product and leadership team to determine how we will track active units at all stages of lifecycle (pre-close at close during TSA after TSA) for duration of all sales contracts
- Provide feedback to business development team on clawback / earn out provisions in each LOI / contract
- Capture key terms of each sales contract; become SME for all flavors of earn out / churn provisions
- Model cash impact of each market sale and provide to appropriate parties including impact on cash / ADLs at end of TSA
- Maintain master active unit tracking of each Buyers portfolio
- Monitor each Buyers portfolio vs. clawback provisions; develop tools / dashboards for others to do the same
- Identify where future payments are at risk; involve leadership and other parties to develop strategies to ensure eligibility for full payout
- Develop models to analyze tradeoff in pulling levers to try to add units to sold markets vs. the impact of getting to end of term having net churned units
- Work with AR team to track when future payments are due and liaise with Buyers for collection
- Maintain master list of all seller financing and provide as input to relevant stakeholders
- Work with accounting team to ensure all seller financing is correctly setup; ensure FP&A and Treasury are tracking appropriately
- Work with AR team to collect all seller financing payments
- Maintain master list of all convertible note products; build models to monitor if conversion makes sense
- Maintain master list of all JVs / deals with Seller carry
- Work with accounting team to ensure they understand implications of JVs / deals with Seller carry; ensure FP&A and Treasury are tracking appropriately
- Track all other inclusions exclusions and adjustments in APAs in central repository
- Track key terms of all TSAs in central repository
Franchise Accounting Project Management
- Work with accounting team to ensure all necessary processes for franchise invoicing are stood up
- Provide end to end tracking of initial franchise fees to include payment and appropriate accruals
- Develop database for capturing key terms from all FDDs (providing bridge between legal accounting finance and Franchise Ops)
- Ensure all discounts / special deals are appropriately documented and communicated to all stakeholders
- Handhold each new franchisee through first several invoice cycles; provide extra set of eyes on each invoice prior to it being sent out for first several months
- Other duties as assigned.
Skills and Qualifications:
- Bachelors degree in hospitalitybusiness mathematics statistics data analysis engineering or a related field
- 2 Years experience in consulting banking or top tier accounting firm OR equivalent experience
- Experience with Excel SQL and data visualization tools (e.g. Tableau)
- Intermediate accounting knowledge
- Familiarity with accounting systems a plus (e.g. Netsuite)
- Demonstrated track record of developing tools and systems for project management
- Experience developing P&L and cash flow forecasts
- Advanced understanding of franchise systems from both franchisor and franchisee perspective
- Ability to read and synthesize complex sales contracts
- Superior analytical acumen and passion for solving complex problems
- Comfort with ambiguity and managing competing priorities
- Motivated to learn quickly and operate in a fast paced environment with tight deadlines
- Ruthless attention to detail
- Ability to work independently and accomplish tasks with minimal supervision
- Strong communication skills
- Effective at collaborating with all departments within the company
Compensation:
- $90700 - $126200 / year. Actual pay will vary based on a candidates skill experience education and/or location.
- More benefits and company perks information below.
What youll get
- Health/dental/vision insurance based on hours worked
- Employer Sponsored & Voluntary Supplemental Benefits based on hours worked
- 401K retirement savings plan with immediate 100% company match on the first 6% you contribute
- Health & Dependent Care Flexible Spending Accounts based on hours worked
- Paid Flex Time Off / Vacation & Sick Time
- Employee Assistance Program (EAP)
- Employee Discounts
- Please visit ourcareers pageto review our full benefits offerings
Vacasa is an equal opportunity employer committed to fostering a diverse and inclusive workplace. We do not discriminate against applicants based upon race color religion sex (including pregnancy gender identity and sexual orientation) national origin age disability genetic information or other classes protected by applicable law. Veterans are encouraged.
Vacasa is committed to maintaining a safe and productive work environment. Possession use or being under the influence of alcohol or illegal drugs in the workplace is prohibited.
An offer of employment for this role will be contingent upon the successful completion of a background check.
#li-remote
Required Experience:
Senior IC
Employment Type
Full-Time
