VP of Finance and Accounting ($185,000 – $200,000 salary plus bonus and equity) Position Available In Charleston, South Carolina
Tallo's Job Summary: The VP of Finance and Accounting position, with a salary range of $185,000 - $200,000 plus bonus and equity, involves overseeing financial operations and strategy, driving financial performance, and ensuring compliance. The role is based in the Southeast and requires 8+ years of experience in finance/accounting management. Korn Ferry is assisting with the recruitment process.
Job Description
Korn Ferry has partnered with our client on their search for the role, VP of Finance and Accounting.
Company Description:
We help our clients with IT so they can focus on running their business, law firm, medical practice, or manufacturing company. We also manage school networks and perform contracting work for large organizations. We are growing, both organically and through acquisitions, with a focus in the southeast United States (broadly speaking the area between Virginia, Florida and Texas).
Job Description:
The Vice President of Finance and Accounting at our client will be responsible for overseeing the financial operations and strategy of the company. The Vice President of Finance and Accounting plays a critical role in the overall management and growth of the organization and works closely with management and our PE partners to drive financial performance and ensure the company’s financial health. We have a fantastic Controller who oversees two Accounting Generalists and one person in purchasing who would report to the Vice President of Finance and Accounting. HR would also report to this position. We’re looking for someone based in the Southeast. While we embrace flexibility and support working from home, we’ve found that nothing beats the value of face-to-face collaboration, especially at the leadership level. That’s why our management team makes it a point to meet in person at least once a quarter.
Vice President of Finance and Accounting Responsibilities:
Financial Strategy and Planning:
Develop & implement financial strategies, policies, and procedures to support long-term goals and objectives. Lead the annual budgeting process and provide financial projections and analysis to support decision-making. Forward looking predictive models to help assess and mitigate financial risks. Identify & lead opportunities supporting revenue growth, cost optimization, and overall efficiency improvements.
Financial Reporting and Analysis:
Prepare accurate and timely financial statements, reports, and analysis for internal and external stakeholders. Monitor financial performance against key performance indicators while providing recommendations on how to get better. Ensure compliance with accounting principles, regulations, and legal requirements. Prepare quarterly compliance certificate reports.
Cash Flow Management:
Oversee cash flow planning and forecasting to ensure the availability of funds for operational needs, growth initiatives, acquisitions, and lending covenant compliance. Monitor and manage working capital, receivables, payables, and inventory to optimize cash flow and liquidity. Implement effective cash management policies and procedures.
Financial Operations:
Oversee the management of daily financial operations, including accounting, billing, collections, payroll, and human resources. Supervise the accounting / finance team and provide guidance, mentoring, and performance feedback. Establish and maintain relationships with banks, auditors, tax advisors, and other financial institutions.
Mergers and Acquisitions:
Assist with the evaluation of potential mergers and acquisitions, and other strategic partnerships and collaborations. Along with our PE partners, conduct financial due diligence and analysis for potential acquisitions or investments. Negotiate and structure financial agreements and contracts; ensure ongoing compliance with all requisite obligations. Lead post-close integration of billing and accounting records, while ensuring other functional integrations are on-track.
Financial Compliance and Risk Management:
Ensure compliance with financial regulations, accounting standards, and tax requirements. Implement and monitor internal controls to safeguard assets and mitigate financial risks to include insurance. Coordinate audits and reviews with external auditors. Human Resources Management You will manage the HR Coordinator who will: Develop and implement HR strategies, policies, and procedures that align with the organization’s goals and culture. Oversee talent acquisition and recruitment processes, ensuring the organization attracts and retains top-quality employees. Collaborate with department heads to develop and implement effective performance management systems. Manage employee compensation and benefits programs, ensuring competitiveness and compliance with legal requirements. Ensure compliance with employment laws and regulations, maintaining up-to-date knowledge of HR best practices.
Qualifications:
Bachelor’s degree in finance, accounting, or a related field. 8+ years experience in progressively complex mid and senior management positions at a services company. In-depth knowledge of financial planning, budgeting, analysis, and reporting. Strong understanding of accounting principles, regulations, and compliance requirements. Proficient in financial software and systems, with experience implementing financial systems a plus Excellent leadership and people management skills. Strong analytical, problem-solving, and decision-making abilities. Effective verbal and written communication and presentation skills. SE#: 510733371