Hire, train, and develop accounting staff, responsible directly or indirectly for the general direction, coordination, and evaluation of the staff over a portfolio of manufacturing companies.
The position will have the following direct reports and responsibilities:
- 3 business Accountants, which are responsible for business unit financials
- Shared Service Center – 3 people which addresses HR, AR/AP and other shared service center functions for the portfolio.
- Functional Responsibilities:
- Portfolio level metrics and accounting
- Financial oversight and execution at portfolio level
- Treasury management
- Shared Service Center Management
- HR– via PEO
- 401K
- AR/AP
- Portfolio Insurance (Corporate, Liability, Health, etc.)
RESPONSIBILITIES
ACCOUNTING:
- Lead the accounting function for the businesses
- Hire, train, and develop accounting staff, responsible directly or indirectly for the general direction, coordination, and evaluation of the staff.
- Hands-on management of the month-end close process and prepare financial statements – with the aim of producing high quality, accurate financials with reporting pack within a short close time, improving visibility on operating performance and increasing accuracy.
- Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs.
- Support Business Presidents with financial analysis, forecasting and business strategy
- Responsible for all journal entries and general ledger postings.
- Oversee. Maintain, and assists payroll processing, calculate monthly commission payments
- Responsible for maintaining billing and accounts receivable reporting.
- Create process improvements—drive efficiencies and identify opportunities to decrease costs and increase revenue.
- Responsible for preparing audit reporting packs and interaction with external auditors (financial and bank)
- Responsible for ensuring production of shareholder reports (twice per year) and year-end tax statements.
- A strong focus on cash management and Net Working Capital management.
HUMAN RESOURCES – MAINTAINS, DEVELOPS, OVERSEES AND EVALUATES:
- A PEO is currently used for HR services for the business. This person will become the primary contact for the PEO and work to establishes business-level human capital processes, procedures and standards.
- Oversees Employee performance reviews
- Maintains sensitive employee data relating to employment, compensation, and benefits in cloud-based HRIS
- Serves as employee point of contact on payroll, benefits, and policy questions
- Reconciles and reports on payroll and benefit participation/cost data
OFFICE & SYSTEMS ADMINISTRATION – PERFORMS, OVERSEES, AND REVIEWS:
- Becomes resident in-house expert on everything ERP related (administration, optimization, and security).
- Develop processes to create and manage ERP-based perpetual inventory
- Reviews and authorizes office equipment contracts and leases
- Interface with and manage external consultants when necessary.
QUALIFICATIONS
- Bachelor’s degree in accounting or equivalent field of study; and at least 10+ years’ professional cost accounting experience; or equivalent combination of education and experience.
- CPA is highly preferred.
- Solid leadership skills, evidenced by successfully building, motivating and managing teams, and by effectively working as a partner with leadership.
- Enthusiasm for process optimization and a commitment to continuous learning.
- Energy and drive to deliver objectives on time, on budget, and on target.
- Excellent attention to details, organization and time management skills.
- Proficient in Microsoft Office; high level of proficiency in Excel.
- Able to operate with discretion and in a confidential and professional manner.
- Solid communication and interpersonal skills.
COMPENSATION RANGE
- Base salary range: $150,000-$225,000
- Bonus – STI incentive target of 0-80% – variable based on achieving specific benchmarks in year-over-year EBITDA growth and Cash Return on Initial Equity.
- Incentive equity
- Ability to co-invest in future parent company acquisitions