We are hiring at Valsoft for an experienced Financial Controller to join our growing team in North America!
The Portfolio Controller will report to the Portfolio Head of Finance. This individual will coordinate and manage period-end close, budgeting and forecasting, statutory compliance and reporting, integrations of new businesses and ensure accurate financial reporting and analysis for a portfolio of acquired companies, as well as lead projects impacting their accounting and provide guidance on the more complex accounting issues. The Portfolio Controller will coordinate with their Finance team and work directly with the Portfolio Managers and Managing Directors for the subsidiary companies.
Here is a little window into our company : Valsoft was founded in 2015 in Montreal, Canada. Our focus is to acquire and grow vertical market software businesses that provide mission-critical solutions in their respective niche markets. So far, we have acquired over 100 businesses across 25 industries and have 3000 employees across 14 countries. In 2023, Great Place to Work® named Valsoft one of the best workplaces in the financial services industry .
Our motto is 'Be Humble, Stay Hungry!'
The successful candidate will work in a remote work model anywhere on the East Coast of the US!
What your day will look like :
- Monitor and analyze the performance strategies to identify areas of opportunity and respond with action plans to ensure execution to meet and exceed financial targets
- Drive the financial planning of the company by analyzing the performance and risks of the portfolio by applying the KPI framework
- Prepare monthly and quarterly business reviews for portfolio companies that highlight results, remediation plans for underperformers, and strategic initiatives to drive organic growth to the senior management team
- Build and manage monthly, quarterly, and annual forecasts and track KPIs
- Monitor the financial health of a portfolio and ensure positive cash flow
- Develop strategies to increase return on investment and profitability
- Maintain high-level interaction with the corporate finance department
- Actively participate in the processes related to the sale or acquisition of companies
- Application of Valsoft Finance best practices to all companies within Portfolio
- Ownership of all things finance for companies acquired into the Portfolio
Financial Reporting :
Oversee and review accounting tasks including tax and complianceOwn monthly financial close process for Portfolio companiesPrepare accurate and timely monthly, quarterly, and annual financial reportsBuild processes and ensure compliance with Corporate policies and reporting requirements. Identify and manage differences between corporate consolidation accounting policies and local statutory reporting requirementsEnsure effective financial internal controls and continually evaluate established policies and proceduresOptimize internal reporting processes for efficiencyPrepare for and support the corporate audit by providing necessary documentationLead and organize the annual statutory audits and ensure all fillings are completeTeam Leadership and Development :
Set targets for and supervise all accounting and finance personnel (Accounting, FP&A, AR, AP)Provide leadership and develop a high-performing scalable finance team in a decentralized finance environment, fostering a culture of accountability, collaboration, and continuous improvementTrain and coach teams to ensure they have the knowledge and resources necessary to be successfulFinancial Systems :
Support Netsuite rollout activities to Portfolio companies by ensuring data integrityConduct situational assessments, identify gaps and opportunities for automation, make recommendations, and direct the implementation of such changes as required to improve financial systems and related processesIntegration Support :
Develop, identify, and execute financial integration and onboarding plan of new acquisitions in partnership with the business transformation teamIntegration activities include ERP system implementation, account mapping, rollout of Valsoft reporting requirements and governance standardsEstablish and monitor monthly reporting cadence. Review all deliverables for data integrity, quality, and accuracyIdentify discrepancies between acquired company accounting policies and Valsoft corporate policiesRemediate discrepancies by revaluing accounts, engineering and implementing go-forward reporting processesPrepare purchase price allocations, ensure completeness and accuracy of opening balance sheet accounting prepared in accordance with Valsoft accounting policiesCalculate and monitor deferred acquisition payment liabilitiesCreation of first bottoms-up forecast in partnership with the acquired businessRollout and application of Valsoft KPI management frameworkAbout you :
A qualified financial accountant (ACCA) with at least a bachelor's degree or above in Accounting, Finance, Economics or similar is essential; CPA preferred7 years of experience in a similar role, including at least 2 years in team managementAbility to manage risks by ensuring that effective and efficient internal controls are in place without compromising operational efficiency and flexibilityStrong understanding of financial processes, with the ability to navigate and resolve conflicting goals of diverse stakeholdersExtensive knowledge and skill in multiple disciplines to be able to support business integration activities effectively and a capacity to understand and interpret conflicting goals and needs of diverse groupsAbility to manage risks by ensuring that effective and efficient internal controls are in place without compromising operational efficiency and flexibilityFast learner and adaptable – time management skills and ability to meet deadlinesWorking knowledge of Oracle NetSuite ERP (or similar) is considered an assetAbility to visualize efficient processes and implement themExcellent organizational skills and time managementExcellent verbal and written communication skillsAdvanced knowledge of MS ExcelExpertise in streamlining and implementing efficient financial processesPrior experience managing a finance team is advantageousBeing fluent in the English language, written and verbal, is essentialMust be legally authorized to work in the USFor information about Valsoft Corporation , please visit our website at www.valsoftcorp.com
We thank all applicants for their interest; however, only those candidates selected for an interview will be contacted.
