Accounting Manager- Revenue & Notes

About The Company

Home Franchise Concepts is one of the largest franchising systems in the home improvement goods and services space. The Company’s brands: Budget Blinds, The Tailored Closet, PremierGarage, AdvantaClean, Kitchen Tune-Up, Bath Tune-Up, Two Maids, Aussie Pet Mobile, Lightspeed Restoration and Concrete Craft are consistently rated at the top of their categories and supported by more than 3,500 franchise territories in the U.S., Canada and Mexico.

Home Franchise Concepts is a subsidiary of JM Family Enterprises, a family-owned, professionally managed diversified automotive company. To diversify their portfolio, JM Family acquired Home Franchise Concepts in 2019 as their first non-automotive acquisition. The Company fit JM Family’s key investment criteria: asset-light with strong free cash flow characteristics and a track record of growth in an industry with long-term tailwinds. Since the acquisition, the Company has doubled the number of brands under management and is committed to continued, rapid profitable growth.

A few of the Company’s many Accolades and Awards

• Entrepreneur’s Franchise 500
• Entrepreneur’s Franchise 500 Best in Category
• Entrepreneur’s Top Low-Cost Franchise
• Entrepreneur’s Top New & Emerging Franchises
• Entrepreneur’s Top Home-based Franchises
• Entrepreneur’s Top 100 Global Franchises
  
  
  

About The Role

This role will be responsible for the accuracy of revenue and notes receivable. A key responsibility for this job will be performing ongoing audits of AR invoice schedules to franchise contracts across all brands and participating in optimization and systemic implementation initiatives. Additionally, this role will prepare and review monthly AR and ACH processing, manage and coordinate all duties associated with notes receivable for all Brands including preparing promissory notes, payment plans, bad debt schedules, analysis and journal entries, and ensuring the timeliness and accuracy of input so AR invoicing includes complete & accurate note collections. This role will work closely with the GL, AR, Legal, and Brand teams.

Job Functions

Revenue Audits

• Audit AR integration files against franchise agreements to ensure accuracy of invoicing
• Partner with AR team to implement optimization, including implementing system enhancements and processes
• Prepare bad debt analysis and related journal entries; communicate the results of this analysis to Accounting Leadership
• Reconciliation and analysis of all accounts receivable, notes receivable and bad debt accounts
• Partner with IT, GL, and Brand teams on auditing key dates within the Salesforce system to ensure accuracy
  
  
  

Notes Receivable

• Lead the creation and approval of notes receivables consistent with company policy by partnering with Legal, AR, and Brand teams
• Ensure notes receivable are completely & accurately entered into Netsuite for timely AR team invoicing
• Ensure changes including, prepayments, defaults, and other adjustments, are properly accounted for and schedules updated
• Work alongside Accounting Leadership to optimize the existing process into systems
  
  
  

Accounts Receivable

• Provide general oversight of franchise account balances and activity within the Accounts Receivable module of the general ledger system, NetSuite.
• Review and verify receivable batches in NetSuite that the coordinators have entered.
• Review ACH bank transactions, ensuring information submitted is correct and verified against any holds or exceptions.
• Ensure all data entry and updates to ACH information have been entered accurately.
• Prepare monthly account reconciliations; make Manager aware of any discrepancies in need of resolution on a timely basis.
• Prepare Aged Receivables review in preparation for weekly meetings, including explanation and action on outstanding balances.
• Assist in Interim and year end Audit.
• Performs other duties as assigned or required.
  
  
  

Requirements

• Strong attention to detail, organizational skills, and ability to multi-task
• Ability to follow established procedures and meet deadlines
• Analytical ability to synthesize information
• Ability to identify and resolve problems in a timely manner
• Technical skill of accounting process in multiple functional areas and possession of US GAAP accounting knowledge
• Ability to identify issues and discuss them with supervisor for timely resolution
• Ability to work independently and be a team player
• Able to look for ways to improve Accounting processes and can communicate to supervisor in a thoughtful manner
• Proficient computer skills including Microsoft Office programs
• Ability to sit at a desk for extended periods of time throughout the day
  
  
  

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field
• Preferred experience in audit, shared services, or general ledger close role
• Preferred 5 years work experience
• Must have strong work ethics during high volume periods, including month-end, quarter-end, and year-end close
• Must be able to balance workloads and multi-task while remaining cognizant of multiple reporting deadlines
• Exceptional personal initiative and desire to drive consistent improvement
• Experience in a multi-company, multi-location environment is highly encouraged
• Excellent verbal and written communication skills
• Problem-solving and analytical skills required
• Intermediate Excel skills using Formulas and Pivot Tables
• Knowledge and familiarity with the NetSuite Accounting System is preferred
  
  
  

To perform this job successfully, an individual must be able to perform each essential job function satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

HOME FRANCHISE CONCEPTS IS PROUD TO BE AN EQUAL OPPORTUNITY EMPLOYER

Home Franchise Concepts is an Equal Employment Opportunity employer. We are committed to recruiting, hiring, retaining, and promoting qualified associates without regard to age, race, religion, color, gender, sex (including pregnancy, childbirth and related medical conditions), sexual orientation, gender identity, gender expression, mental or physical disability, national origin, marital status, citizenship, military status, genetic information, veteran status, or any other characteristic protected by federal, state, provincial, or local law.

DISABILITY ACCOMMODATIONS

If you have a disability and require a reasonable accommodation to complete the job application process, please contact HFC's Talent Acquisition department at HR@gohfc.com for assistance. If you have an accommodation request for one of our recruiting events, please notify us at least 72 hours prior so that we may provide assistance.

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