Paylocity is a cloud-based software company that creates customized HR solutions for small to mid-sized organizations. Our workplace enhances communication and enables employees to connect, collaborate, and create from anywhere. Our award-winning culture ensures everyone has a voice and feels truly welcome. Join Paylocity as we shape the future of technology and the workplace!
We give our employees what they need to succeed, including great benefits and perks! We offer medical, dental, vision, life, disability, and a 401(k) match, as well as perks that support you, your family, and your finances. And if it’s career development you desire, we provide that, too! At Paylocity, people matter most and have always been at the heart of our business.
When you feel like you belong, work is no longer work – it's personal. At Paylocity, we believe better employees lead to better companies. Workplaces and cultures that care will build the future, and at Paylocity, we’re doing just that. Join us as we change the future and transform your career!
There are jobs and then there are careers. Since 1997, Paylocity has been hiring talented people, giving them big challenges, and providing the right resources to help them succeed. Our award-winning culture ensures all employees feel truly welcome, appreciated, and free to be themselves. While other companies talk about it, we make it happen. Join Paylocity and launch your career!
Position Overview
Reporting to the Vice President Corporate Development, the Director of Corporate Development will be a key leader driving the company’s corporate development efforts, including strategy, M&A, capital markets, special projects/growth initiatives and business development activity in alignment with the board, CEO/COO/CFO and the executive team. The position will have direct communication with Senior Management as well as regular direct interaction with the CFO.
Performance Objectives
- Work with the Chief Strategy Officer, in partnership with the CEO/COO/CFO/Product/FP&A team, to develop/refine strategic plans, and drive corporate development execution to fuel strategic growth.
- Partner with the executive team to identify and prioritize strategic initiatives, shape strategy, and identify areas of M&A focus.
- Lead research and analysis of key strategic markets to understand and articulate market trends, competitive landscape, and areas of opportunity.
- Lead the development of business cases for growth opportunities across cross-functional teams; develop and refine build/buy/partner analysis.
- Partner with FP&A team to model opportunities and create pro-forma views of acquisition opportunities.
- Collaborate with Chief Strategy Officer to drive alignment on M&A efforts and expectations and processes with cross functional deal and integration teams.
- Drive execution in all phases of M&A processes (pre-deal analyses and go to market strategy, high quality due diligence coordination and execution, integration planning and post-close integration).
- Drive execution of all phases of capital markets execution including cross-functional team leadership across corporate development, accounting, finance and treasury.
- Manage investment banking and other industry relationships, in order to actively track the payroll / HCM software space, and to source acquisition opportunities.
- Partner with Chief Strategy Officer to lead and drive key strategic partner/vendor discussions.
- Lead team in the development of additional ad hoc analyses and financial modeling.
- Independent thinker and self-starter with ability to prioritize work streams.
- Lead and mentor a team of manager(s) and senior analyst(s).
- Operate at both the 50,000 foot and granular level.
- Attend potential industry events and Paylocity corporate events.
Education and Experience
- An undergraduate degree is required; MBA desired.
- 5+ years of experience in corporate finance, investment banking, mergers & acquisitions, or strategy, preferably in the software / tech sector.
- Successful and demonstrable track record quarterbacking M&A transaction execution; ideally for software / tech companies.
- Corporate development experience is valued.
- 2+ years of experience in an investment banking role at a recognized investment bank, with significant M&A execution experience. Some public equity/debt financing experience also valuable – deal quarterback experience.
- Demonstrated strong project planning, deal ownership and cross-functional team management and participation skills.
- Experience preparing and delivering industry/company, strategy, financial, and operational presentations for the board and executive level.
- Driven, results-oriented mindset; history of perseverance and passion for achieving goals.
- Strong work ethic; accustomed to delivering results in a fast-paced environment in a structured and organized manner.
- Superior written / verbal communication skills, and quantitative and analytical skills.
- Financial modelling experience building acquisition models, pro-forma financials, growth models, etc. plus strong understanding of financial markets.
- Experience with technology and software industry; technical acumen, interest and ability to understand technical and financial concepts quickly.
- Advanced knowledge of MS office, especially Excel and PowerPoint.
Paylocity is an equal opportunity employer.
Paylocity is committed to the full inclusion of all individuals. We comply with federal and state disability laws and make reasonable accommodations for applicants and employees with disabilities. To request reasonable accommodation in the job application or interview process, please contact accessibility@paylocity.com.
This role can be performed from any office in the US. The pay range for this position is $149K - $217K /yr; however, base pay offered may vary depending on job-related knowledge, skills, and experience. This position is eligible for an annual bonus and restricted stock unit grant based on individual performance in addition to a full range of benefits outlined here. This information is provided per the relevant state and local pay transparency laws for the location in which this position will be performed. Base pay information is based on market location. Applicants should apply via www.paylocity.com/careers.
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