What are the responsibilities and job description for the Vice President Finance position at Finatal?
VP of Finance
Location | Maryland (On-Site)
Rate | c.$250k
JG008
Finatal is partnered with a mid-market $4bn AUM private equity fund on a senior finance mandate for a field services company ($100m), focused on repair & maintenance of electrical equipment. The business has multiple locations across the US and has grown rapidly since the PE investment. This role will report directly to the PE fund and CEO, focusing heavily on project costing and analytics to best prepare the business for exit in 8-12 months. This candidate will be vital to the successful exit of the business and will be required to make an instant impact in the professionalization of accounting and finance.
Responsibilities
- Develop long-term financial strategies aligned with the company's vision and objectives.
- Lead on all M&A activity.
- Identify all future target acquisitions.
- Lead the monthly integration of financial data from the separate legal entities.
- Lead the annual budgeting and forecasting process, providing insightful financial analysis, and identifying opportunities for cost optimization and revenue growth.
- Develop and implement financial models to assess investment opportunities, pricing strategies, and potential acquisitions.
- Lead on the inorganic growth, planning and executing on acquisitions.
- Oversee the timely and accurate preparation of financial statements, ensuring compliance in line with regulatory requirements.
- Provide regular financial performance updates to the executive team and private equity investors, highlighting key performance indicators (KPIs) and financial trends.
- Conduct in-depth financial analysis, risk assessments, and scenario planning to support strategic decision-making.
- Monitor and manage cash flow, working capital, and liquidity to ensure the business's financial stability and to optimize capital allocation.
- Establish and maintain relationships with financial institutions to secure financing and banking services that align with the company's needs.
- Implement and maintain robust internal financial controls and policies to safeguard company assets and ensure compliance with financial regulations.
- Work with the audit and compliance teams to facilitate external audits and ensure adherence to all reporting and regulatory requirements.
- Act as the primary liaison with private equity investors, providing financial updates, responding to inquiries, and building strong relationships to instill confidence in the business's financial management.
- Identify and manage financial risks, implementing risk mitigation strategies to protect the business from potential adverse impacts.
- Build and lead a high-performing finance team, fostering a culture of collaboration, innovation, and continuous improvement.
Requirements
- Bachelor's degree in finance, accounting, or a related field. An MBA or advanced degree is a plus.
- Must have proven experience in field service industries.
- Experience in a private equity backed business.
- FP&A Background
- Be on-site in Maryland office.
- Strong financial acumen and strategic thinking skills, with a track record of driving financial performance and contributing to business growth.
Salary : $250,000
