TWO NEWLY CREATED POSITIONS

Korn Ferry has partnered with our client on their search for the role, FINANCE DIRECTOR & FINANCE MANAGER | ACQUISITION INTEGRATION SUPPORT

PLEASE READ THE JOB DESCRIPTION AND REQUIREMENTS CAREFULLY BEFORE APPLYING

ONLY QUALIFED CANDIDATES WILL BE CONSIDERED

Purpose of the Jobs:

The Director & Manager of Finance are responsible for the leadership, execution and successful delivery of the finance integration activities and preparation of financial results of recent and future acquisitions made by the company. Such activities include assessing the finance function of acquired entities, implementation of company’s accounting and finance policies, data mapping / transformation, system integration, synergy tracking, and financial statement preparation. The role will continue the development of the overall finance integration processes, based on company’s finance integration playbook, with a focus on achieving the organizations’ integration objectives and milestones.

The Director position reports directly to the VP of Finance Operations but will work closely with key finance and accounting functional leaders, as well as the M&A and integration teams, and third-party consultants. The Director plays an essential role liaising across these teams, ensuring cross-functional collaboration to successfully integrate new businesses into the platform. The Manager will report to the new Director.

The ideal candidate has significant finance, accounting, strategy and related project management experience in the following areas: business and asset acquisitions (M&A), financial statements, accounting policy, revenue recognition including percentage of completion accounting, internal controls, and financial planning and forecasting. This person is a dynamic problem-solver with strong business acumen and able to communicate effectively.

As the M&A / integrations cycle ebbs and flows, both the Director and the Manager will also be involved in supporting other company finance initiatives and projects. The projects may include system implementations, policy/procedure development, banking integration or internal control upgrades. Such projects require similar support and project management to integrations, including detailed project plans with clear timeline, deliverables and roles and responsibilities.

Essential Job Duties and Responsibilities:

• Collaborate with the M&A team during the due diligence phase to ensure that finance integration matters are considered prior to acquisition.
• Lead finance and tax workstreams from due diligence through integration, including management of external consultants, ensuring timelines and deliverables are met. This includes but is not limited to overseeing and/or assisting in the preparation of:
• Quality of earnings
• Net working capital analysis
• Earnout calculations
• Proforma Financials
• Opening Balance Sheet and Purchase Price Accounting
• Liaise pre- and post-close with acquired businesses to communicate finance integration expectations and provide clear deliverables in line with the finance integration priorities.
• Evaluate acquired businesses’ financial practices, identifying gaps to company standards.
• Leveraging the integration playbook, develop a comprehensive project plan tailored to address the operational and financial gaps of each acquisition. This will include working with individuals across the finance team, as well as cross functionally, to ensure that finance integration tasks are properly identified and prioritized.
• Lead the execution of the finance integration plan, guaranteeing key milestones and associated timelines are met.This includes but is not limited to:
• Executing finance integration activities (proforma reporting, mapping, open balance sheet preparation, system integration, banking integration, etc.)
• Effectively assigning and tracking deliverables, communicating expectations, and providing status updates to key stakeholders
• Timely identification of project risks and development of associated mitigation measures
• Management of hand-off between integration team and corporate finance team ensuring a smooth transition at the end of the integration period.
• Evaluate finance resource needs for each acquired entity and assist, as needed, in the hiring of such resources.
• Serve as the primary point of contact for finance integration activities between all parties (company, acquired businesses, and third-party consultants) ensuring succinct communication, unified efforts, clarity around objectives, and escalation of issues
• Assist in the review, documentation, and implementation of company’s accounting and finance policies and procedures at acquired entities. This includes ensuring that businesses keep their financials in accordance with GAAP and meet platform reporting requirements.
• Ongoing development and refinement of the finance integration process, reflecting the business model and scale of the acquired entities, showing awareness and adoption of industry’s best practices.
• Assist in any system implementations or system enhancements as required.
• Participate in special projects, ad hoc reporting, etc. in support of broader finance department initiatives
• Ability to travel and work onsite at the acquired companies or company’s business units located throughout the U.S. (up to 25% of the time)
• Other tasks and duties as assigned

Required Education/Experience:

• Undergraduate degree in accounting or finance and a CPA License (preferred)
• An MBA or other advanced degree preferred
• 8 - 10+ years in accounting leadership roles, including demonstrated management experience leading an accounting team
• Public accounting or experience working in a private equity owned company preferred
• Experience with M&A, Due Diligence and Integration in an acquisition environment; or similar demonstrated process improvement and change management experience
• Experience and demonstrated understanding of percentage of completion accounting (strongly preferred)
• Experience in at organizations with project-based accounting preferably in Construction, Engineering, or other project-based industry experience
• Strong understanding of ERP systems with implementation experience preferred
• Proficiency in G/L, business intelligence and reporting tools preferred
• MS Office suite proficiency required

Competencies

• Financial Management
• Attention to detail and ability to work independently
• Organized with the ability to multi-task in a fast-paced environment
• Effective stakeholder partner who will leverage an understanding of the business to provide meaningful support
• Drive a continuous improvement approach
• Strong communicator, who embraces change and operates effectively within a decentralized reporting environment that is undergoing change
• Strong understanding of mergers & acquisitions, including the different phases of activity from identification to integration
• Must be a strong relationship builder, outgoing, and able to effectively liaise with a broad range of stakeholders, externally and internally
• Strong ability to use experience and analysis to gain support and influence others
• Strong quantitative, analytical, written, and oral communication skills
• Excellent organizational and peer management skills
• Self-starter and highly motivated; must have intellectual curiosity, desire to learn, and passion for delivering industry best practice

Compensation

• $200k salary + a 25% bonus

SE# 510707636