VP of Finance
30151 Tomas Rancho Santa Margarita, CA 92688 US
Job Description
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. Â
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
- 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
- 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
- Maintain robust internal control structure and ensure compliance with relevant laws, regulations and internal requirements.
- Safeguard company assets (Fixed Assets)
- 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
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Job Requirements
Meet Your Recruiter
Christopher Brunson, MBA, PHR, SHRM
Recruiting Manager
Chris has joined Alliance Resource Group following 14 years of progressive experience in Financial Planning & Analysis. This real world experience, along with his Bachelor's Degree in Finance from Cal Poly Pomona and his MBA From C.S.U. Long Beach, provides Chris with a great background to service his clients and candidates in a very personal way. Chris enjoys recruiting because it grants him the opportunity to interact with and learn about people, their goals and what motivates them in life.
We thank Chris for his service to the country; he spent a combat tour in Iraq as a Sergeant in the U.S. Army. On a free day, Chris would enjoy a hike with his dog Spartacus followed by a beach day with his friends and family.
