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Accounting and Finance Director

3 months ago

Scarborough, United States Aroma Joe's Coffee Full time

Aroma Joe's is a leading and innovative Quick Service Restaurant (QSR) of handcrafted beverage chains that is headquartered in South Portland, Maine. This rapidly growing brand currently has 114 locations along the east coast. Aroma Joe's is a local destination for hand crafted coffee and espresso drinks, unique infused blends, signature AJ's RUSH Energy Drinks and a variety of all-day food offerings. Aroma Joe's serves positive energy in a friendly and upbeat environment by focusing daily on the customer, the community, and the cup.

The same passion and upbeat attitude can be found at our corporate offices. The Aroma Joe's family is a group of hardworking and experienced professionals who are driven by the excitement of building our brand. Our team enjoys comprehensive employee benefits, company-sponsored social outings, and an amazing culture Giving back to the community is a key part of who we are. We participate in the community and charitable events throughout the year with a focus on positively impacting people.

**Position Overview**:
As the Accounting and Finance Director for Aroma Joe's Franchising, you will be responsible for eight entities and will ensure the financials, budgets/forecasts and company assets are in great standing, build and deliver financial policies and strategies that improve business' financial status.

**Duties & Responsibilities**:

- Lead a small internal team to support financial tasks for Aroma Joe's Franchising
- Analyze and present monthly financial reports in a timely manner
- Oversee annual budgeting, cash flow and forecasting, Royalty collection, Advertising Fee collection, DA payments, accounts payable, accounts receivables, equipment reconciliation and work with Finance Committee
- Ensure compliance with federal, state and local law requirements on all financial functions
- Direct and oversee the month end close functions of the company by preparing and reviewing journal entries and performing and reviewing monthly balance sheet reconciliations and P&L reports
- Prepare and maintain annual budgets and multi-year forecasts and perform analysis of budget/forecast variances and financial trends while evaluating each department's long-term needs
- Ensure that effective internal controls are in place and ensure compliance with GAAP and applicable federal (IRS, FTC...), state, and local regulatory laws and rules for financial and tax reporting
- Monitor financial covenants of all debt agreements, prepare quarterly compliance reports, and maintain current lender relationships
- Manage annual financial audit which includes developing audit schedules, ensuring required documentation is prepared in a timely manner, and interacting with the auditors
- Manage annual tax preparation, review and quarterly estimate payments/filings
- Partner with other leaders in the business to develop and implement process improvements and new technologies to create a more efficient Finance department
- Prepare complex models and communicate the results/conclusions in simple terms that others can utilize
- Offer advice to the CFO and CEO regarding spending and budget questions
- Supervise, hire and oversee leaders in the finance and accounting departments, including giving directions and delivering periodical evaluations
- Travel occasionally as necessary to other locations
- Complete other projects as needed

**Click below for the complete job description