Controller

OPPORTUNITY

Our client is a private investment firm that focuses on acquisitions and portfolio management for middle market enterprises. Since its founding in the early 2000s, our client has completed more than 50 acquisitions and currently boasts an asset portfolio that generates over $2B in sales per year. This Controller opportunity is a high-visibility role within the organization, reporting directly to the executive leadership team and managing daily accounting functions for the enterprise. This role requires regular in-office presence due to the nature of relationship building in the investment space.

SCOPE OF WORK

CORPORATE ACCOUNTING:

• Maintain strong working relationship with Fund Administrator and Executive team.
• Recognize opportunities for automation and implement process improvement initiatives as needed.
• Utilize QuickBooks Online to maintain the enterprise’s system of accounts, create new entries as acquisitions are made, set up charts and classes of accounts for subsidiary activity, and review transactions
• Maintain books and records for investors and executive leadership team. Assist with all regular close cycles.
• Lead budgeting, reporting, and forecasting processes for the enterprise. This includes preparing quarterly and annual budgets, forecasts, and variance analysis including EBITA adjustments and historical reporting.
• Produce quarterly balance sheet and financial packages (using CORPRO) for fund accounting activities
• Assist accounting staff in coordinating quarterly management fee processes (invoices, collections, tracking deferred fees, etc.). Track and follow up on legal or financial invoices to portfolio companies and funds and allocate shared expenses and record collections.
• Serve as primary point of contact for payroll and Netchex administrator to process biweekly and special payrolls (bonuses, partner benefits, etc.) and maintain comprehensive documentation of historical payroll activity.
• Manage corporate cash flow and oversee all vendor payments. Maintained detailed documentation of vendors used (funding sources, payment methods, and other), code monthly AMEX transactions, and reconcile bank and/or money market accounts.
• Monitor account balances, allocate monthly bank fees, and manage distributions (including owner-related transactions)
• Coordinate with tax accountants for all State, Local, and Federal filings (e.g., tax returns, annual 1099s, and tax credit paperwork), review and file returns, manage tax payments and notices, and track tax refunds.
• Maintain the entity registry (timely annual report filings, registered agent renewals, and Corporate Transparency Act BOIR filings.)
• Determine the appropriate accounting platform for new portfolio investor entities and entities, considering audit requirements; set up new entities in QBO and CorPro as needed.
• With HR at IT team, assist with the financial operations related to employment (benefits administration, vendor management, banking platform administration)
• Manage commercial insurance renewals (D&O, property, business interruption), prepare the annual City of Atlanta business license renewal, and monitor related deadlines.
• Oversee plane commitments and invoicing (e.g., N945AC and PC 12) as well as any related tax or usage tracking.
• Maintain books and records in QBO for select entities and coordinate their regulatory filings; determine the accounting platform for new upper tier entities, considering audit requirements.

FOUNDER & CHAIRMAN FINANCIAL SUPPORT:

• Assist with personal finance and cash flow management activities such as invoice payments, recordkeeping, personal bank account monitoring, expense reconciliation, and prepare year end gift checks.
• Maintain Excel asset register for personal assets and prepare regular net worth statements. Assist with financial transactions related to artwork, jewelry, club memberships, home operations, and family member financial support (tuition, allowances, gifts, etc.).
• Prepare investment calculations from return files and manage subscription agreements with investment publications.
• Coordinate personal tax filing requirements (KCGT, KFF, FFI, and Gift Tax), prepare paperwork for tax credits, ensure collection of external K 1s and 1099s, track tax refunds, and manage tax notices.
• Oversee personal/commercial insurance renewals (maintaining a policy list with coverages, deductibles, expiration dates, and costs), monitor renewals, complete required paperwork, and handle claims with house managers.
• Manage quarterly compliance by uploading brokerage statements, logging new subscription agreements, and recording gifts/entertainment and other outside business activities.

IDEAL CANDIDATE PROFILE

• Bachelor’s in accounting, finance, or a related field is required. Master’s preferred.
• CPA preferred
• 8 years of progressive accounting experience
• 3 years in a public accounting, financial services, PE or VC space working with investment funds, tax returns, or similar.
• 2 years in a people leadership role.
• Strong proficiency with accounting tools such as QuickBooks Online, CORPRO, Netchex, or similar.
• The ability to wear multiple hats, demonstrate a strong business acumen, and the ability to make executive presentations to C-Suite Executives and Board of Directors is required.
• Other skills including analytical thinking, sound judgment and decision making, integrity, confidentiality, initiative/drive, and attention to detail are required.

BT EXECUTIVE SEARCH

BT Finance Executive Search, LLC excels in connecting accomplished finance, accounting, and executive leadership talent with top companies in the Southeast. Our recruiting experts work diligently to shape the future of leadership through deep industry knowledge and a commitment to excellence, enabling us to forge unmatched connections between leading companies and the best talent.

Bennett Thrasher Finance Executive Search differentiates itself by emphasizing strong client relationships and our recruiting team is dedicated to finding the right opportunities for individuals, making placements, and ensuring professional and personal growth. The division's commitment to fostering these relationships sets it apart in the competitive senior level talent acquisition landscape.

BT Finance Executive Search, LLC, follows all applicable EEO laws, and our commitment to diversity, equity, and inclusion extends throughout our recruitment practice for all clients. We actively seek to attract talent from diverse backgrounds and perspectives.