What are the responsibilities and job description for the Director, Finance and Accounting position at Parasol Group LLC?
Position Overview:
Parasol Group is seeking a highly experienced Director of Finance & Accounting to oversee all financial operations, tax compliance, payroll, and accounts payable functions. This role is a key leadership position responsible for financial strategy, reporting, and ensuring compliance with all regulatory requirements. The ideal candidate has 15 years of experience in finance and accounting, with a strong background in tax accounting, payroll, accounts payable, and financial planning & analysis.
This Finance & Accounting position will provide hands-on leadership in the day-to-day financial operations, collaborating with department heads and executive leadership to ensure fiscal responsibility and efficiency.
Key Responsibilities:
Financial Management & Strategy
- Develop and execute financial strategies to support business growth and operational efficiency.
- Oversee financial planning, forecasting, and budgeting processes to ensure accuracy and alignment with company goals.
- Provide insights on cash flow management, working capital optimization, and financial risk mitigation.
- Ensure proper financial controls and compliance with internal policies, tax laws, and regulatory requirements.
Tax & Compliance
- Oversee corporate tax planning and compliance, ensuring accurate reporting and timely filing of federal, state, and local tax returns.
- Manage relationships with tax advisors and regulatory bodies to mitigate tax risks and optimize tax strategies.
- Stay updated on changes in tax regulations and implement necessary adjustments to minimize tax liabilities.
Payroll & Accounts Payable
- Supervise payroll processing, ensuring compliance with wage laws, benefits administration, and tax withholdings.
- Ensure timely and accurate payment of vendors, employees, and contractors while maintaining strong internal controls.
- Oversee payroll-related audits, reconciliations, and reporting to ensure accuracy and compliance.
Financial Reporting & Accounting
- Oversee monthly, quarterly, and annual financial reporting in compliance with GAAP.
- Ensure the timely closing of financial statements and present findings to executive leadership.
- Lead internal audits and financial reconciliations to identify discrepancies and implement corrective actions.
- Work closely with external auditors, tax advisors, and consultants to ensure smooth financial operations.
Leadership & Team Management
- Lead and mentor the finance & accounting team, ensuring strong financial discipline across the organization.
- Collaborate with executive leadership to provide financial insights and decision-making support.
- Develop and implement best practices for finance and accounting operations, enhancing efficiency and automation.
Qualifications & Requirements:
- 10-15 years of progressive experience in finance, accounting, and tax compliance.
- Bachelor's degree in Finance, Accounting, or a related field (Master’s/MBA or CPA preferred).
- Strong expertise in tax accounting, payroll, accounts payable, and financial reporting.
- Deep understanding of GAAP, tax regulations, and compliance requirements.
- Experience managing corporate tax filings, audits, and payroll systems.
- Proficiency in ERP systems, accounting software, and financial modeling tools.
- Exceptional leadership, communication, and problem-solving skills.
- Ability to work hands-on in a fast-paced, high-growth environment.
Why Join Parasol Group?
- Opportunity to lead the financial strategy of a dynamic, growing company.
- Collaborative and innovative company culture with executive-level visibility.
- Competitive compensation, benefits, and opportunities for career growth.
Job Type: Full-time
Expected hours: 40 – 50 per week
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Flexible schedule
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Parental leave
- Professional development assistance
- Vision insurance
Schedule:
- 8 hour shift
People with a criminal record are encouraged to apply
Work Location: In person