Reports To: | Quad Leadership Team |
Location: | Open |
Website: | http://www.quadpartners.com/ |
Quad Partners is moving to provide overall greater integration and support among its higher education portfolio companies by adding a Chief Financial Officer, who will be part of the senior leadership team at Quad in a matrixed reporting structure. Quad’s leadership culture is one that is both collegial but also highly entrepreneurial and rigorous.
The CFO will work closely with the portfolio companies to significantly upgrade the financial operations at each institution. The goal is to bring a level of sophistication and an application of best practices, especially in the areas of KPIs, modeling, forecasting, and budgeting, and shared services across the entire Quad portfolio of schools. The CFO will work closely with the CEOs and VPs/Directors of Finance for each of the higher education portfolio companies to solve problems and establish new levels of financial expertise across Quad’s higher education holdings.
Does this sound like the opportunity for you? Read on...
Founded in 2000, Quad Partners set out to build a different firm – one with a unique focus, operational expertise, and partnership culture. Today it is one of the most active investors in the education industry, driving value-creation with a team of experienced investors and operators working with passion, transparency, and integrity.
Quad Partners has invested in 25 platform education companies and over 60 add-on acquisitions. Currently the firm is investing its fourth fund – $200 million of committed institutional capital.
Quad Partners invests in all aspects of the education industry – schools, colleges, products, services and technologies that are employed across the age spectrum. The firm acquires privately owned businesses, invests capital for growth, provides liquidity for shareholders and facilitates spinoffs from corporate owners. Quad Partners seeks to invest $5 million to $40 million of equity capital per situation and has the capacity for more via limited partners.
BECKFIELD COLLEGE
Beckfield College operates two career colleges in Ohio and Kentucky. Founded in 1984, Beckfield offers bachelor and associate degrees in nursing, medical assisting, paralegal, criminal justice and business.
http://www.beckfield.edu
BLUE CLIFF COLLEGE
Founded in 1987, Blue Cliff College operates seven career schools offering associate degrees and diplomas in health care, massage therapy, cosmetology, and HVAC in Louisiana, Mississippi and Arkansas.
http://www.bluecliffcollege.com
http://www.bluecliffcollege.com
DORSEY
Founded in 1934, Dorsey operates nine career schools in suburban Detroit. Dorsey offers certifications for the medical, culinary arts, business, legal, and computer fields.
http://www.dorsey.edu
PACIFIC COLLEGE OF ORIENTAL MEDICINE
Founded in 1986, Pacific College of Oriental Medicine operates three campuses in San Diego, New York City and Chicago, offering degrees in Oriental medical and body therapy education.
http://www.pacificcollege.edu
SWEDISH INSTITUTE
The Swedish Institute offers degrees in massage therapy, advanced personal training, nursing, medical assisting and surgical technology. Founded in 1916 in New York City, Swedish is the oldest massage therapy college in the country.
http://www.swedishinstitute.edu
Quad Partners is moving to provide overall greater integration and support among its higher education portfolio companies by adding a Chief Financial Officer, who will be part of the senior leadership team at Quad in a matrixed reporting structure. Quad’s leadership culture is one that is both collegial but also highly entrepreneurial and rigorous.
The CFO will work closely with the portfolio companies to significantly upgrade the financial operations at each institution. The goal is to bring a level of sophistication and an application of best practices, especially in the areas of KPIs, modeling, forecasting, and budgeting, and shared services across the entire Quad portfolio of schools. The CFO will work closely with the CEOs and VPs/Directors of Finance for each of the higher education portfolio companies to solve problems and establish new levels of financial expertise across Quad’s higher education holdings.
Specific responsibilities and expectations include the following:
For an experienced financial executive with relevant skills, this opportunity offers several attractive features:
The ideal candidate has financial leadership experience in the for-profit higher education sector with multi-location campuses. The ideal candidate brings a strong strategic financial skill set and, in particular, deep expertise in the federal government’s Title IV and other programs. He or she has worked with the CEO, COO, VP’s of Finance and other corporate executives, as well as Campus Presidents, to oversee all company accounting practices, including accounting, budgeting, financial reports, taxes and audit functions for the school. S/he has also helped to maintain accreditation and Title IV compliance. Importantly, this individual has a strong operational background—and can “roll up the sleeves” when needed.
Specifically, he or she has –
Culturally and temperamentally, the ideal candidate is a team player who believes that individual success flows from the overall success of the organization. This involves a range of personal attributes - flexibility and adaptability; a great work ethic; leadership with minimal supervision; an ability to analyze and evaluate one’s own (and other’s) performance and to develop plans to improve performance; excellent presentation skills; willingness to take responsibility for both success and failure—a thick skin; self-confidence and a positive attitude about self, company, and marketplace; effective listening and questioning; sincerity, trust, believability, and warmth; and a strong desire for success.
Compensation will include salary, performance bonus, and significant equity commensurate with the individual’s experience.
Travel to the corporate office and to portfolio companies could be as much as 50% in a year.
Quad Partners has an Employment Application, Work History and Background Check (provided to candidates). The background check includes compensation verification, professional references, employment and education verifications, state and federal criminal history reports, and drug screen.
Resume should be sent as a Word document to Ralph Protsik and Todd Hand, and also posted on the BSG website, www.bsgtv.com. No phone calls please.