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VP of Finance

Rancho Santa Margarita, CA 92688

Posted: 06/07/2024 Job Titles: FIN - Director of Finance Job Number: 5145 Pay Rate: 200,000

Job Description

VP of Finance - Divisional Controller role - Sports and Leisure Industry - Hybrid - $180-200k plus bonus

Our client is a highly profitable, middle-market, sports and leisure company that is looking for a VP of Finance to oversee one of their divisions.  The company is private equity backed and has an incredible management team and corporate culture.  The accounting/finance team are a group of high performers who like to work hard and play hard.  The company continues to expand, so there is excellent opportunity for career growth.

The VP of Finance will report to the Corporate Vice President of Finance and will be responsible for all accounting and finance for the division.  The Director of Finance will have five direct reports.  

Specific duties include but are not limited to:

Financial Statement Preparation
  • Prepare Monthly Financial Statements and submit packages to Corporate
  • Provide detailed analysis and commentary explaining key variances in monthly, quarterly, and annual business performance compared to budgeted and forecasted expectations
  • Prepare journal entries; maintain supporting schedules for all General Ledger Balance Sheet Accounts
  • Maintain General Ledger and General Journal for the company
  • Review monthly income and expense accounts for accuracy and ensure they are reasonable
  • Ensure Financial Statements are prepared in accordance with US GAAP
  • Prepare monthly bank reconciliation
  • Assist in preparing or answering questions relative to the year-end financial statement audit of Corporate
  • Coordinate with External Auditors for interim and year-end audit activities
  • Maintain proper and timely tax management for indirect taxes and corporate taxes for Canada division
Budgeting and Planning
  • Assist in developing long-range business and financial forecasts as directed from time-to-time, ensuring that reasonable assumptions are used based on historical performance and aligned expectations of the future
  • Ensure that the expense activity at the Division is efficient and provides for a sufficient return on investment; where necessary, coordinate and work with the Management team to identify additional expense efficiencies
  • Compile, distribute, and manage budgets (P&L, Balance Sheet, and Cash Flow) for the Division
  • Prepare cash forecasts and ensure that there is sufficient cash available to fund the operations of the Company
  • Present budgets and forecasts for the Division to Corporate and PE Firm
  • Analyze Division results, providing a clear representation of actual performance, future plans, risks and identifying opportunities for growth and efficiency improvements
Business Management
  • Act as an advisor to the Managing Director of the Division regarding the business performance and opportunities that exist
  • Develop and implement procedures to improve the efficiency of the department; ensure that department's procedures are current and align with customers' requirements
  • Present financial point-of-view on key decisions to Executive and Management teams on behalf of the Division's executive team
Internal Control
  • Maintain robust internal control structure and ensure compliance with relevant laws, regulations and internal requirements.
  • Safeguard company assets (Fixed Assets)
Financial Operations
  • Review and sign check disbursements
  • Manage the Company’s accounts payable team and their processes and procedures to ensure that adequate internal controls are in place
  • Manage the Company’s accounts receivable team to ensure a high level of collectability on any sales made on credit terms. Oversee bank deposits and collections and the appropriate application of cash collections. Ensure adequate internal controls are in place
  • Other duties as assigned

Education and Experience Required:
  • Bachelor's degree in Accounting or Finance or equivalent
  • CPA and/or MBA highly desired
  • Minimum of ten+ years of experience in accounting with demonstrated career progression
  • Strong knowledge of GAAP and understanding of international accounting
  • Experience in budgeting, financial planning and analysis and financial modeling
  • Strong leadership skills and at least three years of management experience
  • Excellent executive presence, strong work ethic and superior communication skills required
  • Ability to work in a fast-paced, sophisticated reporting environment




 

Job Requirements

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Meet Your Recruiter

Christopher Brunson, MBA, PHR, SHRM
Manager, Executive Search

With almost 15 years’ experience in FP&A leadership for manufacturing and medical device organizations, Chris Brunson brings real-world knowledge and a deep understanding of industry requirements into play to recruit exceptional talent. A former Sergeant in the U.S. Army, he channels his passion for helping others into serving Alliance’s clients and candidates. Chris is a certified HR professional (PHR and SHRM) who is known for his subject matter expertise on HR compliance and inclusive hiring practices. Chris has an MBA from California State University at Long Beach and a bachelor’s degree in finance from California State Polytechnic University at Pomona.

He loves to explore new places and learn about different cultures.  In his extensive travel, Chris has visited every continent except one – Antarctica. 

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About Rancho Santa Margarita, CA

Ready to take your career to the next level? Explore our job opportunities in and around Rancho Santa Margarita, California! This vibrant city, nestled in the heart of Orange County, offers a perfect blend of picturesque landscapes, outdoor adventures at O'Neill Regional Park, and cultural experiences at Mission San Juan Capistrano. Indulge in delectable cuisine at local favorites like Hanna's Restaurant and Bar or unwind with a show at the nearby Segerstrom Center for the Arts. Join the community and discover the endless possibilities for professional growth and a quality lifestyle in this charming and dynamic region. Start your job search today and unlock your potential in Rancho Santa Margarita!