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Vice President of Finance

Sportsdigita
Minneapolis, MN Full Time
POSTED ON 2/1/2025
AVAILABLE BEFORE 3/1/2025
JOB OBJECTIVE

Sportsdigita is a rapidly scaling and dynamic SaaS company with ambitious growth goals. DIGIDECK, our innovative cloud-based presentation and content-sharing platform, has transformed sales enablement for Sports & Entertainment and B2B enterprises. We’re seeking an experienced VP of Finance to lead financial operations and contract management while shaping a financial strategy that positions us for sustained growth, both organically and through strategic acquisitions.

Qualifications

  • 10 years of experience in finance with at least 5 years in a leadership role
  • 5 years of experience in SaaS
  • Proven experience in customer contract review, redlining, and negotiation
  • Expertise in SaaS financial metrics, revenue recognition principles, and compliance standards
  • Demonstrated experience with M&A, including both acquiring companies and integrating acquisitions
  • Hands-on experience assembling and negotiating a sale or exit transaction for a SaaS company
  • Strong analytical skills with advanced knowledge of budgeting, audits, financial modeling, and accounting software
  • Collaborative leadership style with excellent communication skills, the ability to influence cross-functional teams and influencing company direction
  • Demonstrated experience scaling a business
  • Compelling presence in front of customers, partners, employees and investors
  • Experience with CRM, finance and accounting tools, including Quickbooks Online, Maxio (formerly SaaSOptics), AvaTax and Salesforce
  • Bachelor’s degree in Finance, Accounting, Business, or related field
  • MBA and/or CPA strongly preferred

Responsibilities

  • Financial Strategy & Planning
    • Develop and execute financial strategies that align with our company goals, driving profitability and revenue growth
    • Oversee budgeting, forecasting, and financial planning, with a deep focus on SaaS metrics, including LTV, CAC, GRR, NRR, Rule of 40, etc
  • Customer Contract Review & Negotiation
    • Lead customer contract negotiations, including the review and redlining of contract, optimizing revenue recognition and cash while minimizing risk
    • Ability to balance company velocity with risk mitigation
  • Financial Reporting & Compliance
    • Responsible for all financial reporting and ensure compliance with industry standards, GAAP, and regulatory requirements
    • Ensure timely and accurate filing of financial and tax reports, and oversee internal and external audits
    • Oversee accounting operations, including billing, A/P, A/R, GL, cost accounting, and revenue recognition, including month end and year end close processes
    • Maintain rigorous controls and reporting standards to ensure transparency and accuracy in financial statements and forecasts
    • Monitor actual financial performance against the budget, analyzing variances and recommending corrective actions
  • Mergers & Acquisitions
    • Lead acquisition initiatives, from due diligence through to integration, for both acquiring and being acquired
    • Conduct thorough financial and operational assessments of potential acquisition targets.Collaborate with cross-functional teams to ensure seamless integration of acquired companies
  • Transaction Preparation
    • Assemble and prepare the necessary documents and financial models for potential sale processes
    • Work closely with external advisors and legal teams to develop and present a compelling selling package to prospective buyers
    • Serve as the finance lead in any transaction negotiations, ensuring favorable outcomes for shareholders and stakeholders
  • Leadership
    • Foster a culture of accountability, continuous improvement, and collaboration
    • Collaborate with executives and leadership across the organization to execute on company initiatives; gather and share key client insights with the delivery organization to influence feature development
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