Manager, Corporate Development (Remote)

We believe in the power and joy of learning

At Cengage, our employees have a direct impact in helping students around the world discover the power and joy of learning. We are bonded by our shared purpose – driving innovation that helps millions of learners improve their lives and achieve their dreams through education.
 

Cengage's portfolio of businesses supports student choice by providing a range of pathways that help learners achieve their goals and lead a choice-filled life.
 

Our culture values inclusion, engagement, and discovery

Our business is driven by our strong culture, and we know that creating an inclusive workplace is absolutely essential to the success of our company and our learners, as well as our individual well-being. We recognize the value of diverse perspectives in everything we do, and strive to ensure employees of all levels and backgrounds feel empowered to voice their ideas and bring their authentic selves to work. We achieve these priorities through programs, benefits, and initiatives that are integrated into the fabric of how we work every day. To learn more, please see https://www.cengagegroup.com/about/inclusion-and-belonging/.
 

The Corporate Development team is a small, high-profile team based remotely (ET). The team is responsible for all M&A activity (acquisitions and disposals), minority investments and select strategic partnerships across Cengage Group. We work closely with the Cengage Group executive team as well as senior management across our business divisions and corporate functions. The Manager of Corporate Development will assist with the end-to-end M&A process including target research, due diligence, financial valuation, and deal execution.

Where you'll work: open to remote US-based candidates able to work during Eastern time zone business hours. This role reports to the VP, Corporate Development based in the NYC area. Occasional travel (up to 10%) may be required for projects and conferences.

What you will do:

• Lead on financial models, in collaboration with business and finance teams

• Support end-to-end M&A transactions, including due diligence, valuation, development of business case, deal execution and legal documents

• Manage interactions during transaction process with internal working group, external advisors, and seller / target

• Develop and maintain potential acquisition target list, by working with business division leadership to understand strategic growth priorities

• Support with drafting Investment Memos for Cengage Group executives and Board

Skills You Will Need Here:

• Undergraduate degree, preferably in a relevant field such as business or finance

• 3-5 years relevant work experience in investment banking, M&A advisory, private equity, corporate development / M&A

• Prior experience at an education, media or technology firm is useful but not required

• M&A due diligence and deal execution experience

• Strong financial and valuation modeling skills and understanding of financial statements

• Strategic and analytical thinking, solid project management and problem-solving skills

• Effective communications skills, written and verbal, with the ability to develop rapport and credibility across the organization and convey analysis and proposals succinctly

• Self-starter with strong attention to detail and focus on outcomes, who is also highly collaborative and able to lead cross-functional teams

Cengage is committed to working with broad talent pools to attract and hire strong and most qualified individuals. Our job applicants are considered regardless of any classification protected by applicable federal, state, provincial or local laws.
 

Cengage is also committed to providing reasonable accommodations for qualified individuals with disabilities including during our job application process. If you are an applicant with a disability and require reasonable accommodation in our job application process, please contact us at [email protected].
 

About Cengage

Cengage, a global education technology company serving millions of learners, provides affordable, quality digital products and services that equip students with the skills and competencies needed to be job ready. For more than 100 years, we have enabled the power and joy of learning with trusted, engaging content, and now, integrated digital platforms. We serve the higher education, workforce skills, secondary education, English language teaching and research markets worldwide. Through our scalable technology, including MindTap and Cengage Unlimited, we support all learners who seek to improve their lives and achieve their dreams through education.

Compensation

At Cengage Group, we take great pride in our commitment to providing a comprehensive and rewarding Total Rewards package designed to support and empower our employees. Click here to learn more about our Total Rewards Philosophy.

The full base pay range has been provided for this position. Individual base pay will vary based on work schedule, qualifications, experience, internal equity, and geographic location.  Sales roles often incorporate a significant incentive compensation program beyond this base pay range.

In this position,  you will be eligible to participate in the company’s discretionary incentive bonus program.  This position's bonus target amount, which is not guaranteed and is dependent on individual performance and overall company results among other factors, is provided below.