Director of Accounting

BizGro Partners

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profile Job Location:

Cliffside Park, NJ - USA

profile Yearly Salary: USD 200000 - 250000
Posted on: Yesterday
Vacancies: 1 Vacancy

Job Summary

Director of Accounting

Overview

We are seeking a highly motivated and experienced Director of Accounting to lead our portfolio-grade platform accounting functions. This role is critical in managing the financial multi-entity operations reporting and compliance for our diverse construction manufacturing and service mix multi-systems driven environment spanning the Sunbelt of the USA. The ideal candidate will lead accounting execution across a diversified portfolio of operating companies from a remote job post. This role sits at the center of a multi-entity platform (30 businesses) and is responsible for elevating accounting from transactional processing to GAAP-aligned investor-grade financial reporting.

This is not a traditional close-the-books role.

This is a systems control and execution leadership position.

You will operate directly under the CFO and oversee the Group Controller function entity-level controllers and accounting workflows ensuring that financial data is accurate timely standardized and decision-ready.

We are seeking a well rounded dynamic individual who has extraordinarily strong financial acumen to lead the process. One of the most important and cornerstone attributes we are seeking is a self-starter. Due to our highly rapid growth environment change requires systemization at a fast and rapid pace. Often this sort of environment breeds conditions that require system development and execution of that development as we go. Working dynamics like this must be found exciting and desirable to the incoming candidate.

This is an exciting time for our firm as we are emerging from a period of rapid seeded growth while working diligently towards a mature and scalable fully recapitalized model of our portfolio companies. We have an evolving plan to become a publicly traded company in the near future. Therefore we are seeking a well-rounded dynamic individual with exceptionally strong financial capabilities to lead this critical process.

Financial Reporting and Oversight

  • Oversee the preparation of financial statements and reports for the portfolio companies (30entities) spanning construction trades manufacturing and services including all consolidations eliminations intercompany transactions (receivable & payable) revenue recognition (WIP POC(%) of completion over/under billings) retention receivables accruals and cutoffs with a team of CPAs and holding company resources in accordance with GAAP standardization unified chart of accounts and reporting structures.
  • Manage the annual audit process for the portfolio companies liaising with internal auditors and overtime develop external audit inquiry capabilities.
  • Ensure timely and accurate delivery of management fees paid and regular cash sweeps as per holding company management directives.
  • Review and approve all journal entries reconciliations and closing procedures on a monthly basis working with the currently installed team of resources.
  • Report directly to the CFO of the holding company with relation to compliance audit reporting gap variance experience recommendations for development and course correct as well as financial statements and documentation.
  • Continue to lead transition from cash and hybrid accounting models to full GAAP compliance- own technical accounting application across WIP schedules and contract accounting ASC 606- revenue recognition ASC 310- receivables non-accrual considerations) - continuance of internal accounting consultancy in developing support compilations to review to audit progression.

Operations and Compliance

  • Continue to develop implement and maintain substantive and internal controls improve or develop new accounting policies and procedures.
  • Ensure compliance with regulatory requirements portfolio specific agreements operating documentation and tax reporting obligations.
  • Manage the relationship with external fund administrators custodians and tax advisors as directed by the CFO.
  • Oversee the portfolios expense management and accounts payable processes.
  • Lead the transition from Decentralized to Centralized Cash Management.
  • Participate in and possibly lead Construction Software implementations of new acquisitions and lingering business units on the accounting side only.
  • Design and enforce tight monthly close across all entities ensure all reporting ties to all accounting schedules BS A/R A/P and WIP and Inventory rollforwards cash flow alignment.
  • Deliver portfolio-level reporting packages to CFO entity performance variance analysis and risk flags.
  • Establish and oversee Centralized procurement processes.

Leadership and Strategy

  • Lead mentor and manage the accounting team fostering a culture of accuracy efficiency and professional development including the Group Controller Entity Controllers AP/AR teams across the entities as well.
  • Collaborate with the corporate team operations and legal departments on transaction support and operational structuring of portfolio finances establish clear accountability and review layers as developmental needs evolve convert CFO directives into executed accounting outputs.
  • Contribute to strategic financial planning and budgeting for the management company enforce deadlines standards and data quality.

Qualifications

Required Experience

  • Minimum of 15 years of progressive accounting experience with at least 5 years in a leadership role.
  • Extensive experience within a multi-entity or multi-divisional ledger that spans over various operational disciplines namely in construction trades manufacturing and services with multi-tax jurisdictional workflow or public accounting serving multi-operational and multi-layered business units that comprise of various vertical and horizontal business units for multi-disciplinary experience is essential.
  • CPA designation required.

Systems & Process Architecture

  • Know accounting infrastructure in modern day api and mcp based systems with developer environments for automation and workflow identification skills.
  • Knowledgebase in Quickbooks Desktop Quickbooks Online Sage 50 Sage 300 Made2Manage NetSuite SAPOne GSuite MSOffice365 Excel ProCore etc.
  • AI chat proficient new data flows reporting pipelines reconciliation processes and any FP&A tools i.e. PowerBI Tabula etc.
  • Manage complex intercompany activity across entities loans vs equity loss support classifications PIK tracking and interest allocations ensure proper documentation and accounting treatment for capital contributions distributions contract entries and internal funding flows.

Skills and Attributes

  • Deep understanding of partnership accounting corporate accounting and uses of IRC codes 336(e) and 338(h)10 identify VIEs if necessary strong sense of code application
  • Strong analytical and problem-solving skills moving financials from inconsistent to standardized to investor-grade.
  • Accuracy defensible organized reliable construction manufacturing work-in-process work-in-progress deep understanding of US GAAP proven experience managing teams and enforcing deadlines.
  • Excellent written and verbal communication skills with the ability to present complex financial information clearly experience scaling accounting functions across multiple entities familiarity with systems integrations and reporting automation
  • Proficiency with financial software and accounting systems (experience with NetSuite QBO QBD or similar accounting software is a plus).
  • Leadership- this role will require you to think like an operator not just an accountant must force standards across multiple companies is comfortable in controlled chaos and scaling environments turns ambiguity into structured execution can deliver CFO directives into team-level output
  • Any coding language- python javascript typescript etc is highly viewed upon.

Compensation

  • Competitive base payment
  • Performance-based bonus determined by milestones
  • Long-term growth opportunity within platform leadership lengthy commitment required.

Location

This position is remote some travel may be required.


Required Experience:

Director

Director of Accounting OverviewWe are seeking a highly motivated and experienced Director of Accounting to lead our portfolio-grade platform accounting functions. This role is critical in managing the financial multi-entity operations reporting and compliance for our diverse construction manufacturi...
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Our investments in the marketplace of businesses we buy produce superior returns on capital, sustainable wealth, and ongoing cash flow for our company and all partners involved.

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