VP, Finance

3 weeks ago


Fort Worth, United States Sterling Group Full time
Job DescriptionJob Description

Location: Fort Worth, TX

Company Overview:

OGD Overhead Garage Door is a premier garage door repair, installation, and replacement company serving communities across the country. We are a fully licensed and insured company offering comprehensive commercial and residential services, as well as a wide selection of products to suit any customer’s needs. We service and repair all makes and models and stock a large selection of parts in our own store.

Position Summary:

The VP, Finance is responsible for developing and implementing OGD’s accounting and financial processes and owning the Company’s general ledger. The VP, Finance will also have a key role partnering with leadership to utilize financial information to drive profitability, cost optimization, commercial efforts, and other efficiencies. The VP, Finance maintains strong relationships with auditors, lenders, and third-party service providers to ensure smooth operations. The position will involve significant exposure to all key areas of OGD’s business, including corporate finance / capital structure, treasury, tax, forecasting, risk management, and operations.

Key Responsibilities

  • Lead the Company’s first-year audit process, including opening balance sheet procedures, and manage relationships with external auditors
  • Ensure that effective internal controls are in place and administer compliance with GAAP and applicable federal, state and local regulatory laws and rules
  • Set and implement monthly, quarterly, and year-end accounting close activities
  • Analyze general ledger account activity, prepare, or review journal entries and perform monthly balance sheet reconciliations
  • Work closely with the executive team to develop and implement the annual business plan, including revenue, expense and capital spending budgets
  • Coordinate with appropriate third parties to ensure tax filings are completed accurately and in a timely manner
  • Oversee the Company’s financial technology systems ensuring that resources are optimized to support real-time, reliable data insights for key stakeholders
  • Participate as key stakeholder in upcoming ERP design, testing, and transition project
  • Proactively support the Company with recurring and ad hoc financial information and analysis to enable and ensure quality decision-making
  • Oversee the Company’s treasury function to enhance working capital efficiency and optimize cash management
  • Manage all aspects of debt covenant compliance and deliver quarterly reporting packages to lenders as required by agreements
  • Recruit, supervise, and mentor team of divisional accounting staff members
  • Lead finance and accounting post-close M&A system migration, training of local accounting staff, implementation of standard Company procedures, on-site support during transition period

Ideal Candidate Profile

  • Experience as a Corporate or Divisional Controller, with a minimum of [10] years of managerial and professional accounting experience in a high-performing and progressive organization
  • CPA, BS/BA degree in Finance, Economics, Accounting, or related field
  • Brings practical operational experience alongside in-depth understanding of accounting concepts, including but not limited to:
  • Percentage-of-completion and other project-based revenue recognition
  • Inventory management, costing methodologies
  • Purchase price allocation, opening balance sheet procedures
  • Estimates and assumptions pertaining to GAAP-basis accrual accounting
  • Expert-level accuracy and skill with MS Excel, PowerPoint
  • Ideally, but not necessarily, experience supporting private equity-backed acquisition strategy through financial integration of new businesses
  • Transparent and effective oral and written communicator; comfortable communicating both concisely with executive audiences and in-detail with tactical audiences at all levels
  • Holds high ethical standards, does what is right, not what is politically expedient
  • Highly motivated, resourceful individual comfortable with managing multiple workstreams and deadlines simultaneously
  • Willing to “roll up their sleeves” and implement extremely efficient financial processes and systems while creating buy-in from the broader organization

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