Controller, Lillio

Salary not provided
Excel
Google Sheets
NetSuite
Xero
Quickbooks
Senior and Expert level
Remote from Canada

More information about location

Lillio

Childcare center software

Open for applications

Lillio

Childcare center software

101-200 employees

B2CRetailB2BEnterpriseComplianceCommunicationChildcareSaaS

Open for applications

Salary not provided
Excel
Google Sheets
NetSuite
Xero
Quickbooks
Senior and Expert level
Remote from Canada

More information about location

101-200 employees

B2CRetailB2BEnterpriseComplianceCommunicationChildcareSaaS

Company mission

To elevate early childhood programs with innovative design, quality content, and professional growth opportunities, delivering joyful learning experiences for all children.

Role

Who you are

  • 5-7 years of experience in accounting/finance roles, ideally with at least 2-3 years in a Controller or finance manager role
  • Experience in SaaS or technology-focused companies is highly preferred, with a deep understanding of subscription-based revenue models and SaaS metrics (e.g., MRR, ARR, Churn, LTV)
  • Prior experience working with Private Equity-backed businesses and familiarity with the expectations and reporting standards PE firms require
  • Demonstrated experience in managing the finance function at a growth-stage company, including building teams, streamlining processes, and implementing internal controls
  • Strong background in financial reporting under Canadian accounting standards (ASPE or IFRS), and experience with external audits
  • Proficiency in accounting software (e.g., NetSuite, QuickBooks, Xero, or similar)
  • Strong Excel and Google Sheets skills (advanced formulas, pivot tables, and financial modeling)
  • Familiarity with financial automation tools for streamlining accounting processes
  • Ability to manage financial reporting cycles for investors, including quarterly and annual reporting packages for PE investors

Desirable

  • Experience with payroll and expense software in a SaaS environment, eg. Float, Deel, Rippling, ADP
  • Experience with companies that have gone through an M&A process
  • Experience with companies in the manufacturing sector

What the job involves

  • We’re looking for… A motivated and adaptable Controller to take on an intermediate leadership role within our finance team
  • The ideal candidate will thrive in the dynamic environment of a scale-up SaaS company and be a key driver of process improvements to make our finance organization run more efficiently
  • They will be excited about the opportunity to learn from an experienced CFO and be involved in the financial operations of a PE-backed scale-up
  • They will thrive in the role of mentor to junior and intermediate accounting professionals, and bring a focus on detail and data-backed financial decisions to their work
  • The Finance Team you’ll be joiningThe Accounting and Finance team at Lillio is a high-performing, Agile team committed to the financial stewardship of our rapidly growing business
  • They are focused on using process improvement, automation, and the latest finance and accounting technology to ensure efficiency and ROI across the business, while maintaining compliance with industry best practices as we grow our team
  • Ensure timely and accurate financial statements in compliance with Canadian GAAP or IFRS
  • Oversee proper revenue recognition for SaaS contracts, subscriptions, and deferred revenue
  • Analyze financial performance, identify trends, and prepare variance reports for management
  • Monitor and manage cash flow, AP, and AR, ensuring sufficient liquidity and operating capital for operational needs
  • Maintain strong internal controls and ensure compliance with tax regulations and Canadian laws, and work with external auditors to facilitate year-end audits
  • Collaborate with tech teams to implement and optimize accounting software and streamline financial workflows
  • Oversee corporate tax filings (e.g., GST/HST, income tax) and ensure regulatory compliance
  • Assess financial risks, including currency fluctuations and operational risks, and develop mitigation strategies

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Insights

Led by a woman
B Corporation

-2% employee growth in 12 months

Company

Funding (last 2 of 3 rounds)

Nov 2021

$50.5m

SERIES B

May 2020

$3.7m

EARLY VC

Total funding: $59.6m

Our take

Early childhood education plays a pivotal role in a child's developmental journey, yet unlike the advancements witnessed in later stages of education due to digitization, this crucial phase has seen limited progress.

Lillio, formerly HiMama, offers a transformative solution for educators, enhancing classroom planning and enabling seamless sharing of progress with parents. By engaging the entire family in the learning process, Lillio's software fosters a holistic learning experience. Additionally, the software streamlines childcare centre management, automating tasks and cutting costs, thus freeing up valuable time for teachers.

Much like other specialized software providers, Lillio is bolstering its revenue streams through ventures into payment services. While competition looms from rivals like Procare, a legacy software provider backed by private equity, and startup Brightwheel, Lillio's potential market encompasses over a million daycare operations in North America. This expansive landscape bodes well for the impressive growth prospects of all three companies.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle