About This Role
This role involves leading the finance and accounting functions for a private equity-backed commercial services company. The Director will be responsible for developing financial processes, providing strategic insights, and ensuring compliance with accounting standards, while also mentoring a team.
Responsibilities
- Develop and lead the monthly Business Review (MBR) process, presenting key performance indicators, financial insights, and variance analysis to corporate and local management; drive accountability and inform strategic decision-making across the organization
- Implement, maintain, and continuously enhance a robust 13-week rolling cash flow forecast, identifying liquidity risks and opportunities; ensure the division maintains optimal working capital and operational liquidity
- Conduct comprehensive monthly variance analysis against budget and forecast, identifying root causes of performance deviations and developing corrective action plans in collaboration with operational leaders
- Serve as primary financial business partner to Shop Managers and operational leaders, providing proactive financial insights, benchmarking analysis, and recommendations to improve operating efficiency and profitability
- Lead annual budgeting and long-range financial planning processes; develop realistic, detailed budgets that drive accountability and support strategic growth initiatives
- Conduct peer shop analysis and performance benchmarking to identify best practices and opportunities for operational improvement and cost optimization
- Ensure timely and accurate monthly financial reporting to local and corporate management, including preparation and submission of subsidiary financial results for corporate consolidation; deliver clear, actionable financial narratives alongside financial statements
- Oversee the month-end close process, ensuring accurate revenue recognition in accordance with ASC 606 and complete balance sheet reviews and account reconciliations
- Maintain the general ledger and ensure full compliance with US GAAP, US tax requirements, and company accounting policies
- Coordinate matching of intercompany and intersegment balances among all parties; ensure accurate consolidation support
- Support external audit procedures and maintain effective relationships with auditors
- Serve as the company's subject matter expert on lease accounting (ASC 842); ensure all operating and finance leases are properly identified, recorded, and reported in accordance with current accounting standards
- Maintain lease inventory, perform lease accounting calculations, and ensure accurate balance sheet presentation and footnote disclosure
- Evaluate lease arrangements for proper classification and impact on financial position; provide guidance to operations on lease accounting implications of new equipment or facility decisions
