Finance Director

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Reference: 10548-10/01/2019

Summary of Job:

This person is responsible for all financial processes over revenue, and financial controls over all expenses and payments, including allocated and non-cash costs. S/he is responsible for defining short course financial and accounting policies, tax and legal structures, Sarbanes Oxley compliance and as well as all NASDAQ and SEC reporting for Short Courses. S/he will be the point of contact for SVP/VP levels in HQ when dealing with short course financial matters, and is responsible for delivering the short course quarterly and annual 10-Q and 10-K financial statements. S/he, together with the team of leaders, is responsible for leading, directing, motivating and managing the finance team of over 40 staff members, and is responsible for their individual growth and development. Additionally, this role will also be responsible for overseeing the development and maintenance of the 33,000 sqft interim space and 275,000 sqft property development.

Key Role and Responsibilities: 

  • In collaboration with HQ and local SLT leadership in Cape Town, define the financial system landscape, the financial control processes, the team skills sets required and the financial operations vision for the team, to enable them to deliver financial information in line with group requirements for quality and timelines.

  • Lead the development of the optimised financial accounting policies to support the market guidance, and design the optimised group structure, for tax, regulatory compliance, SOX compliance and accounting, and ensure the function is compliant at all times with all regulatory requirements.

  • Manage stakeholder communications with all stakeholders, including management and team level, for financial results, changes in policy, equity grants and legal requirements, etc. 

  • Lead the Finance Tech Implementation strategy to improve the conversion rate of leads to students through optimised payment gateways, as well as in the productivity of the finance team while maintaining world leading customer service levels, specifically addressing the B2C and Enterprise customer payment journeys. 

  • Lead the vision for the Interim Space and the property development to ensure the culture of the team remains in place, while ensuring the budget is met.

 Education and Experience:

  • CA(SA) or equivalent with Big Four articles experience (Deloitte, PwC, KPMG or EY).

  • 10+ years of experience in a senior management level.

  • 5+ years of leadership experience in a finance team.

  • Experience in a US listed environment, including SOX experience.

  • Great communication skills.

  • Ability to build an argument for a specific outcome, and influence other stakeholders to align with the argument.

Physical Requirements

Extensive computer use will be required.

Working Conditions

Air travel may be required.

Management Responsibilities

Head of Group Reporting

Head of Debtors

Head of Creditors

Head of Finance Systems

Head of Payroll

Head of Facilities and Infrastructure

 

About 2U Inc. (NASDAQ: TWOU)
Eliminating the back row in higher education is not just a metaphor–it’s our mission. For more than a decade, 2U, Inc., a global leader in education technology, has been a trusted partner and brand steward of great universities. We build, deliver, and support more than 250 digital and in-person educational offerings, including graduate degrees, professional certificates, Trilogy-powered boot camps, and GetSmarter short courses. Together with our partners, 2U has positively transformed the lives of more than 150,000 students and lifelong learners. To learn more, visit 2U.com. #NoBackRow


2U Diversity and Inclusion Statement
At 2U, we are committed to creating and sustaining a culture that embodies diverse walks of life, ideas, genders, ages, races, cultures, sexual orientations, abilities and other unique qualities of our employees. We strive to offer a workplace where every employee feels empowered by the ways in which we are different, as well as the ways in which we are the same.


Why It’s Great to Work at 2U
2U Cape Town offers a high-energy work environment that’s both challenging and fun. We work hard, but our offices are casual and social places. We wear jeans to work and fuel brainstorming sessions with coffee from our in-house barista. We have other in-house perks like subsidised healthy meals, a gym with free yoga sessions and social events all year round. We celebrate special milestones like birthdays and workaversaries, truly showing that #RelationshipsMatter.


Benefits
2U Cape Town offers a comprehensive benefits package:

  • 2 complimentary Getsmarter short courses per year
  • Subsidised medical aid with Discovery
  • Employee Assistance Program (EAP)
  • Generous leave policy including time off to volunteer for non-profit organizations

Note: The above statements are intended to describe the general nature and level of work performed by individuals assigned to this position, and are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required. All employees may be required to perform duties outside of their normal responsibilities from time to time, as needed.


2U is an equal opportunity employer that does not discriminate against applicants or employees and ensures equal employment opportunity for all persons regardless of their race, creed, color, religion, sex, sexual orientation, pregnancy, national origin, age, marital status, disability, citizenship, military or veterans’ status, or any other classifications protected by applicable federal, state or local laws. 2U’s equal opportunity policy applies to all terms and conditions of employment, including but not limited to recruiting, hiring, training, promotion, job benefits and pay.