WHO WE ARE
The first of its kind boutique fitness experience, SoulCycle revolutionized the fitness industry. Our signature 45-minute indoor cycling class is an immersive and intense mind-body-soul workout, where legendary instructors guide riders through class – helping them lose themselves in the ride, the music, the experience. Taking place in dark, candlelit studios, allowing riders to be grounded in the moment, SoulCycle rides connect our community through the experience and energy of the room.
OUR MISSION
To foster an open, diverse, & inclusive community – while embracing each unique individual exactly as they are. We empower each other by listening with an open mind, finding ways to learn and grow together, and always nurturing a sanctuary of trust.
Job DescriptionSoulCycle is looking to hire a Vice President of Strategic Finance and Analytics to lead the finance function on behalf of the brand and the company.
Expectations for the individual in this position are to lead the finance and analytics team for SoulCycle with a significant focus on quantitative operating and financial analysis. The candidate will also be able to develop and maintain smooth, cooperative working relationships with employees at all levels in the Company. This individual will bring to bear an exceptional understanding of budgeting, forecasting and risk management. This individual will approach projects with a flexible, innovative, service-oriented approach, and a strong emphasis on system-based and people-based solutions.
This position will report directly to the Chief Executive Officer at SoulCycle corporate headquarters and is based in New York City.
ROLES AND RESPONSIBILITIES:
● Lead in setting annual budget targets, lead the business units and HQ divisions through the budget process and prepare the annual financial budget for presentation to executive management and the Board
● Lead the continuous improvement of financial system’s infrastructure to drive precision and accuracy of all financial planning, forecasting and reporting processes, as well as to provide timely, accurate and insightful analysis of financial statements, annual budgets, financial trends, and ongoing forecasts
● Lead the team in monthly and quarterly reporting including executive summary preparation and external reporting documentation for results
● Active participation in quarterly board meetings with CEO
● Continuously project, monitor and confirm financial condition and studio performance through review; providing information to management with key insights and recommendations
● Lead the annual long-range forecast process and prepare presentation for executive management and the Board
● Maintain a process for forecasting long and short-term cash and capital allocation
● Partner with each operating lead to identify and establish processes to track and provide proactive and insightful reporting on the key performance indicators most important to driving each operating area of the business
● Ensure the company meets or exceeds its financial budgets and targets by improving the precision and accuracy of all reporting and by monitoring financial metrics on a continual and proactive basis
● Prepare financial presentations for senior management while maintaining the organization’s corporate finance model, scenario analysis, budgeting, and annual long-range forecast
● Monitor financial covenant compliance and maintain monthly and quarterly reporting requirements.
● Engage in other strategically oriented projects, including building financial models and presentations
Qualifications●Minimum twelve (12-15) years of experience comprised of a mix of relevant experience
● Bachelors in Finance or Accounting or equivalent discipline a must
● MBA/CPA preferred
● Previous FP&A experience required
● Background in a mix of FP&A with accounting, analytics, or investment banking experience a strong plus
● Must possess excellent analytical, financial modeling and presentation skills with the ability to analyze raw data, draw conclusions, and develop actionable recommendations
● Demonstrated skills as a user of business analytics and FP&A support tools
● Possess ability to understand credit agreements and experience working with lenders
● Strong written and verbal communication skills with ability to interact well with senior management and communicate effectively in meetings
DESIRED QUALITIES:
● Leadership and willingness to own the financial affairs of the Company, as well as be highly influential in operating and strategic affairs
● Attention to detail and focus on data / financial accuracy with ability dive deep but still communicate at higher levels when necessary
● Strong verbal communication skills with ability to interact well with senior management
● Strong communications skills – in addition to competencies around editing and writing - materials produced will be routinely distributed to senior management, board members, investors and other stakeholders
● Project management skills - proven ability to oversee a project with objective of prioritizing and investing time appropriately
● Ability and desire to roll up sleeves and be hands on in an entrepreneurial fast-paced environment
● Ability to work under pressure and within short time constraints in a complex system and business integrated environment
● Ability to lead and inspire the Finance team and being a steward of positive company culture
● Ability to partner across brands, as well as with accounting, in a shared services environment
Pay Transparency: $265k - $275k, with additional bonus opportunity.
Additional InformationFor more information, please visit https://www.soul-cycle.com/careers/
Similar Jobs
What We Do
Equinox Group is a high growth collective of the world’s most influential, experiential, and differentiated lifestyle brands that includes Equinox Fitness Clubs, Blink Fitness, Pure Yoga, SoulCycle, Equinox Hotels and Equinox Media. Equinox was built on the notion that fitness can empower a life well-lived and foster a strong community of high-performance individuals. Throughout its 30-year history, Equinox continues to lead and disrupt the category it singularly defined, operating over 100 full-service fitness clubs globally across major U.S. cities including New York, Los Angeles, Miami and San Francisco as well as London, Toronto and Vancouver, each featuring bespoke design in an unparalleled luxury environment. Grounded in the core tenets of Movement, Nutrition and Regeneration and backed by a Health Advisory Board of industry-leading experts across these disciplines, Equinox provides a holistic lifestyle experience for its members with best-in-class offerings inclusive of signature Group Fitness classes, Personal Training, Pilates, Spa, apparel at The Shop, travel, and more. In everything we do, we create the possibility for people to maximize the potential within themselves. We sweat the details. Our highly collaborative teams sweat the details to help each other deliver the Equinox experience that enables our members to achieve results. At Equinox, we are looking for people who match our experience: to go further and want more. We aren’t just a company; we are a community vested in each other’s success. If you are a high performing individual who is passionate about winning and inspiring others, then we are excited to discuss career opportunities with you. Discover how you can dream big, work hard, and find your success with us. To learn more please visit, https://careers.equinox.com
