CFO

Job Description

Job Description

Salary : DOE

Company : Priddy Spaces (BCR Equity LLC) Location : (Hybrid - Boca Raton / West Palm Beach) Reports To : CEO / Managing Partners Industry : Real Estate / Coworking / Hospitality

About Priddy Spaces

Priddy Spaces is a family-owned holding and management company that owns and operates a growing portfolio of flexible workspace facilities under the Venture X and Office Evolution brands. With a focus on premium hospitality, efficient operations, and scalable systems, Priddy Spaces manages multiple LLCs across various coworking and commercial real estate properties.

Position Overview

The CFO will oversee the financial operations of Priddy Spaces and its affiliated entities, ensuring accuracy, efficiency, and strategic insight across all accounting and finance functions. This includes managing financial reporting, budgeting, forecasting, cash flow analysis, and supporting the leadership team with data-driven decision-making. The CFO will also ensure compliance with GAAP and all applicable regulatory requirements. In addition to these core duties, they must have experience securing funding, which includes preparing for investment, managing investor relations, and closing capital raises.

Capital strategy and planning

Capital structure optimization : Determine the optimal mix of debt and equity financing to support the company's growth objectives. Advise the executive team on the best financing options, such as bank loans, venture capital, or private equity.

Financial modeling : Build and maintain sophisticated financial models for fundraising purposes, including projections for revenue, expenses, cash flow, and valuation. Use these models to present different growth scenarios to potential investors.

Investor management and outreach

Fundraising and investor relations : Lead fundraising initiatives, including preparing investor presentations, conducting due diligence, and managing the entire fundraising process.

Relationship management : Cultivate and maintain relationships with investment banks, venture capital firms, private equity funds, and other financial institutions.

Reporting to stakeholders : Present financial performance and strategic plans to external stakeholders, including existing investors and potential new funders, to build credibility and transparency.

Transaction execution

Term sheet negotiation : Lead negotiations on term sheets and definitive agreements with investors to secure favorable terms and close funding rounds.

Acquisitions and integrations : Evaluate the financial viability of mergers and acquisitions (M&A). If a deal proceeds, oversee the financial integration of the acquired company into the existing multi-location structure.

Key Responsibilities

• Oversee all accounting operations including A / R, A / P, GL, payroll, and bank reconciliations across multiple entities.
• DOR sales and use tax reporting and filing for all locations.
• Manage month-end and year-end close processes and prepare consolidated financial statements.
• Lead budgeting, forecasting, and variance analysis for all locations and entities.
• Monitor and manage cash flow, prepare rolling forecasts, and assist with capital planning.
• Prepare investor and partner reporting, including K-1 support and distribution tracking.
• Implement and maintain internal controls, accounting policies, and best practices.
• Coordinate with CPA firms for annual tax filings and financial audits.
• Support new location onboarding and setup of accounting systems for new LLCs.
• Collaborate with operations to analyze unit economics and drive profitability improvements.
• Oversee and maintain accounting software systems

Qualifications