Full-Time

VP of Finance

Posted on 12/21/2024

Parkade

Parkade

11-50 employees

Automates parking management for apartments

Enterprise Software
Real Estate

Expert

California, USA + 1 more

More locations: San Francisco, CA, USA

Hybrid role with a strong preference for candidates in/near San Francisco, requiring regular in-office attendance.

Category
Corporate Finance
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Financial analysis
Requirements
  • 10+ years of progressive experience in finance-leadership roles, with a focus on startups and growth-stage companies.
  • Prior financial leadership at a startup that grew from $5m ARR to $25-50m and raised at least $10m in venture capital during your time there.
  • Strong financial modeling, analysis and spreadsheet skills, with the ability to interpret complex financial data and communicate insights effectively.
  • Solid understanding of financial reporting standards, GAAP principles, accounting, spreadsheets, and regulatory compliance requirements. You've worked closely with accounting in multiple roles.
  • Excellent operational skills across a mix of areas, from managing vendor relationships to keeping tabs on accounts receivable to overseeing a rotating mix of insurance needs.
  • Exceptional leadership, communication, and interpersonal skills, with the ability to influence and collaborate with cross-functional teams.
  • Strategic thinker with a results-driven mindset and a strong focus on driving business growth and value creation.
  • Bachelor's degree in Finance, Accounting, Business Administration, or related field (MBA or advanced degree preferred).
Responsibilities
  • Manage our outside accountant and eventually hire a controller.
  • Pay bills, send invoices, reimburse employee expenses.
  • Ensure customers are paying, and work with sales/operations teams to improve related processes.
  • Help prepare board decks, help with fundraising (process, due diligence, etc), keep our investors in the loop, etc.
  • Partner with the CEO to move Parkade from a world without set budgets, to an annual, board-approved budget and forecast — and help define goals.
  • Help with options plans, 409(a), lease management, etc.
  • Take over Parkade's homespun data reporting system, and work cross-functionally to put more scaleable systems in place. Ensure metrics are accurate and visible to everyone who should have them.
  • Partner with product, design, engineering and operations teams to push for changes to our product to improve unit economics, retention and growth.
  • Manage revenue, pays sales commissions, work collaboratively to creatively structure sales deal for mutual benefit between Parkade and our customers.
  • Manage our cash.
  • Review tax policies and ensure compliance.

Parkade automates parking management for apartment buildings with a software solution that handles reservations, payments, access control, and enforcement. It integrates with Property Management Systems (PMS) to streamline processes, saving property management teams an average of 10 hours per week. Unlike traditional methods, Parkade's platform offers mobile enforcement and 24/7 support, enhancing the tenant experience while reducing administrative burdens. The company's goal is to improve operational efficiency and increase revenue for property managers and owners.

Company Stage

Seed

Total Funding

$6.5M

Headquarters

San Francisco, California

Founded

2018

Growth & Insights
Headcount

6 month growth

6%

1 year growth

33%

2 year growth

190%
Simplify Jobs

Simplify's Take

What believers are saying

  • COVID-19 increased demand for contactless solutions, boosting Parkade's adoption.
  • Smart city initiatives align with Parkade's IoT-focused technology.
  • Urban reduction in vehicle ownership increases demand for flexible parking solutions.

What critics are saying

  • Increased competition could erode Parkade's market share.
  • Stricter data privacy regulations may impact Parkade's operations.
  • Economic downturns could reduce demand for premium parking solutions.

What makes Parkade unique

  • Parkade automates parking management, reducing manual tasks for property managers.
  • The platform integrates with Property Management Systems for seamless parking enforcement.
  • Parkade offers mobile enforcement and 24/7 support, enhancing tenant and guest experience.

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Benefits

Competitive salary

Equity

Healthcare benefits

Flexible vacation

Advocacy time