Finatal is partnered with a well-known middle-market Private Equity Firm in search of an FP&A Manager for one of their new portfolio company acquisitions. The company is a $200mil manufacturer and distributor of outdoor home products including fireplaces, stoves, grills, and heaters. This is an exciting opportunity to join a newly acquired portfolio company of a reputable private equity firm that has aggressive growth plans.
The Manager Financial Planning and Analysis will report directly to the CFO and manage many aspects of accounting/finance operating functions, cash forecasting, cash applications/banking, monthly financial reporting, annual financial planning, financial forecasting, commission payments and monthly close processes.
Key responsibilities:
Financial Analysis and Reporting
- Provide timely financial reporting and improve segment-based financial analysis with expanded budget, actual, prior period variance analysis and insight.
- Prepare and distribute monthly, quarterly and annual financial statement reports (Income Statement, Balance Sheet, Cash Flow)
- Develop and maintain complex financial models to support business planning, forecasting and 13-week cash flow projection processes.
- Analyze BI tool data and KPI metrics to identify trends and impact business decisions
Financial and Cash Forecasting
- Manage daily/weekly cash forecast model and reporting.
- Manage bank account balances and daily cash forecast input/output, communicate daily cash position to CFO and Private Equity owners.
- Ownership and heavy hands-on interaction with AP/AR teams to ensure timely consolidation of future payment and collection information.
- Lead monthly rolling forecast update and reporting process.
- Assist in preparation of the Multi Year Annual Operating Plan and Annual Budget
- Collaborate with department heads to gather information for development of budget.
Automation/Integration/Systems
- Experience in making process changes to improve efficiencies/timing of manual entries using data and systems enhancements.
- Assist with AR accounting and finance related process improvement projects.
- Assist in further automation of cash application/accounting processes and train employees on expanded data management and efficient Great Plaines usage.
- Assist with transition to upgraded ERP system.
Accounting/Controls/Close/Reporting
- Strong analytic, financial and accounting skills, knowledge of GAAP.
- Month end closing process experience, bank reconciliations, GAAP accrual entries, intercompany transactions, foreign currency transactions.
- Manage monthly Commission payment processes and vendor financing programs.
- Strong cross functional interaction with team of 6-10 across accounting operating, billing, procurement and warehouse functions.
- Support for debt compliance and monthly/quarterly bank reporting.
- Support/Manage other key projects, initiatives and requests by executive management.
Education/Experience:
- Bachelor's degree in Accounting/Finance.
- CPA and MBA strongly preferred.
- Experience in a generally accepted accounting principles environment (GAAP).
- Prior experience working with Great Plaines ERP system.
- Experience working in a manufacturing and distribution environment preferred.
- Experience working with foreign entities and foreign currency transactions preferred.
The ideal candidates will also possess:
- Proven team skills, influencing non direct reports.
- Effective communication skills, both written and oral.
- Knowledge of Microsoft Office products, with strong knowledge of Excel.
- Strong Analytical skills, self-motivated, able to work alone or within a team in a fast pace environment.
- A positive attitude toward individual, team and company goals working effectively in a no ego environment.
