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Full-Time

Head of Finance

Posted on 7/19/2023

Canary Technologies

Canary Technologies

51-200 employees

Hospitality management software for hotels

Consumer Software
Enterprise Software

Senior

New York, NY, USA

Category
Finance & Banking
Required Skills
Communications
Financial analysis
Excel/Numbers/Sheets
Requirements
  • 7+ years of strategic finance, operational finance, FP&A, and financial planning systems
  • 2+ years of team management experience
  • Experience developing forecasts, tracking actuals and variance, and creating clear and compelling narratives around financial data
  • Experience synthesizing strategic business insights and determining root causeAdept in Microsoft Excel and Google Sheets
  • Passion for data and analysis, with a desire to drive a metrics-driven culture
  • Ability to proactively manage and enhance financial systems and tools
  • Have experience owning budgets for major functional areas within an organization, and building relationships with people across a wide array of levels and functions to hit targetsTrack record of success managing multiple responsibilities in the dynamic and relatively unstructured environment of a growth company
  • SAAS experience is required
  • Scaling startup experience
Responsibilities
  • Lead all aspects of:
  • (1) Strategic finance initiatives
  • (2) Financial analysis & reporting including the development of operating plans, investor requests, and communications
  • (3) Accounting & bookkeeping responsibilities
  • (4) Revenue operations
  • Manage all monthly, quarterly, and year-end close activities; prepare all three financial statements, including cash flow reports and projections
  • Conduct financial planning, forecasting, and budgeting; ensure we have a clear and detailed understanding of the drivers of growth; develop actionable insights that will influence key decision-makers
  • Create financial models and analysis for new and existing strategic business initiatives
  • Assist with management and Board reporting including presentations and key analysis requests from investors and other external stakeholders

Canary Technologies specializes in hospitality management software aimed at improving the guest experience and optimizing hotel operations. Their main product is a Digital Guest Journey Platform that offers features like room upgrades, early check-in, late checkout, and other amenities, allowing hotels to provide personalized services while maximizing revenue. This platform integrates smoothly with existing hotel systems, ensuring efficient operations. Unlike many competitors, Canary Technologies operates on a subscription-based model, providing a scalable software-as-a-service (SaaS) solution that caters to a wide range of clients, from small boutique hotels to large chains. The goal of Canary Technologies is to transform hotel management by enhancing guest satisfaction and driving revenue growth.

Company Stage

Series B

Total Funding

$59.4M

Headquarters

null, California

Founded

2018

Growth & Insights
Headcount

6 month growth

14%

1 year growth

29%

2 year growth

106%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $50M Series C funding round positions Canary Technologies for accelerated innovation and market expansion.
  • Their platform's ability to digitize and personalize the guest experience can significantly boost hotel revenue and guest satisfaction.
  • Strategic partnerships, such as with Adyen for seamless transactions, enhance the platform's value proposition.

What critics are saying

  • The competitive nature of the hospitality tech sector means Canary must continuously innovate to maintain its edge.
  • Integration challenges with existing hotel systems could pose operational risks and affect client satisfaction.

What makes Canary Technologies unique

  • Canary Technologies focuses on enhancing the entire guest journey from post-booking to checkout, unlike competitors who may only address specific aspects of hotel management.
  • Their seamless integration with existing hotel technology stacks ensures minimal disruption, a significant advantage over less compatible solutions.
  • The company's strong emphasis on AI-driven guest engagement sets it apart in the hospitality tech landscape.

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Benefits

Health insurance

Flexible working hours

Training & career development

Regular team building events

Travel stipend at Canary hotels

Internal promotions

Stocked kitchen

INACTIVE