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Finance Director

Lambda School

Job description

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Lambda School is on a mission to pioneer a new model of accessible higher education with no upfront costs and where the school invests in the students instead of the other way around.  We are rethinking learning so that we can address the needs of both students and employers in tandem. We’re a progressive alternative to traditional college and fast track bootcamps. Lambda is an intensive program and an immersive live, online curriculum that teaches people the hard and soft skills they need to launch a new tech career. We offer both full time and part time courses to our students.

Lambda has successfully completed funding rounds with premier tier venture investors and we have students in almost every State across the United States. We’re looking for passionate, talented people who want to change the way the world thinks about higher education and unlock human potential, regardless of circumstance. 

If that sounds exciting to you, let’s talk.  Our success depends on building teams who can challenge each other's assumptions with fresh perspectives. To that end, we don’t just accept differences – we celebrate them. Lambda School welcomes a diverse pool of applicants, including those from historically marginalized groups and non-traditional backgrounds who can appreciate the diverse student communities that we serve and are looking to grow into. This includes women, people with disabilities, people of color, formerly incarcerated people, individuals who are lesbian, gay, bisexual, transgender, queer and/or gender nonconforming, first and second generation immigrants, veterans, and people from different socioeconomic backgrounds.

Lambda School is hiring an experienced accounting and finance professional to join our Finance team as Director. We're looking for someone who can help us professionalize & scale our accounting operations, own the full lifecycle of financial operations related to our tuition financing agreements from origination through repayment, and partner deeply with our FP&A and capital markets initiatives in our Finance team. This is a role for a controller looking to have a more expansive and impactful experience than a typical accounting-only focused scope. 

Not only will you lead many critical initiatives for a rapidly growing and exciting business, but you will help build the foundation for a new kind of company. This is no ordinary finance team and no ordinary company: we aim to upend the traditional model of the way people are trained for the professional workforce. With the Income Sharing Agreement (ISA) financing model, we have unlocked the potential for people to seek a better life without the worry of student debt. We invest in our students to create a truly aligned education model where our student’s success is directly tied to our company’s success. This role will undoubtedly help to shape a new industry, and we are looking for the right candidate ready to make an impact.

As part of a lean Finance team supporting a fast-growing and moving organization, this person needs to be comfortable being hands-on with the day-to-day financial operations as we scale. This individual will report to the Head of Finance.

What you'll do:

  • Own month-, quarter-, and year-end close process & provide timely, accurate, and comprehensive financial reporting
  • Identify & implement improvements to finance processes to help us scale. We want you to help us systematize our accounting organization
  • Design, implement, and manage policies and procedures with respect to revenue recognition, A/P, A/R, payroll, month end close, and other accounting operations
  • Plan, build, and enhance the financial operations an innovative company at the forefront of a new financial asset class
  • Work with senior leadership on creating metrics to measure the performance of our ISAs, a measure of our students’ financial and job placement success post-program
  • Own the relationship with our payment processor; build and maintain a best-in-class servicing offering with internal and external student-facing teams
  • Manage and run internal cross-functional initiatives related to ISA contracts and repaymentBOD, investor, and senior leadership reporting, cross-functional initiatives
  • Become an expert in our markets and the nascent ISA space, identify key corporate growth opportunities (organic and inorganic)

What you'll need:

  • Minimum of 6 years in finance roles with increasing responsibility
  • A strong financial background with a BS degree in business, accounting or finance
  • CPA is preferred and Big Four public accounting experience highly desirable
  • Experience managing and developing teams and building inclusive work environments
  • Experience in scaling the financial operations of a startup to 100 people & beyond is desirable
  • Be student obsessed and always a student

Lambda School is an equal opportunity employer that does not discriminate on the basis of actual or perceived race, creed, color, religion, national origin, ancestry, age, physical or mental disability, pregnancy, genetic information, sex, sexual orientation, gender identity or expression, marital status, familial status, domestic violence victim status, veteran or military status, or any other legally recognized protected basis under federal, state or local laws. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records. 

Lambda School is committed to providing reasonable accommodations for qualified individuals with disabilities in our job application procedures. Please let us know if you need assistance or an accommodation due to a disability.

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About this role

Apply before

August 2nd, 2021

Job posted on

February 16th, 2021

Job type

Full Time

Hiring timezones

Lambda School is hiring for this role in the following timezones:

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Lambda School provides first-rate development education that's free until you get a job.  Rather than pay upfront, students pay a portion of their income after they're hired. We provide everything you...
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