Financial Accounting & Advisory Services, Director
New York, NY, USA
Sep 02, 2021
In 2009, Accordion set out to prove that there was a better way to work in finance – and more specifically, a better way to unlock value potential in private equity portfolio companies. In the years since, our firm has grown into a bi-coastal team of 100+ finance and technology professionals, serving nearly 200 of the world's leading private equity firms out of offices in New York, San Francisco, and Boston.
Our mission is to shape a new era in the private equity industry. Focusing exclusively on the office of the CFO of PE-backed companies, we're committed to driving value creation through financial consulting services and portfolio operations technology.
So, what does it mean to work at Accordion? It means thriving in a high-growth, agile, and collaborative environment. It means changing the way private equity firms create value at their portfolio companies. And ultimately, it means making your mark on the firm's future – by embracing a culture rooted in humility and a firm-wide commitment to building something great, together.
Financial Accounting & Advisory Services
With the increase in complexity of the business environment and transactions, CFO's of private equity backed companies are increasingly being looked towards to drive strategic insights for their business. Finance organizations are no longer simply result reporters, but rather, they couple these results with forward looking data to provide strategic insights which are leveraged to make business decisions. Efficiency of process and meaningful control environments allows for speed of financial reporting with increasingly accurate measures, leaving more time for the finance team to add future enterprise value, rather than look backwards.
Accordion's FAAS Practice is comprised of a dedicated team providing accounting and financial advice to support PE backed portfolio companies on a wide range of transactions and events, including Accounting Policies & Procedures, ERP/Financial System Execution, Financial Statement Close Process, Process & Controls Implementation, Technical Accounting, Finance/Accounting Assessment & Design and Finance & Accounting Organization Standup resulting from a Carve out or Merger transaction. We are doers and problem solvers – making sense of complexity and bolstering sponsors' value creation thesis's.
What you'll do
Work closely with other team members to serve clients within the office of the CFO of private equity portfolio companies, in the areas of financial accounting matters and business processes:
Prepare financial statements, typically in connection with acquisitions, carve-outs, proposed sale transactions, restatements, etc.
Assist in the in the design and implementation of new accounting policies and procedures
Assess and improve financial accounting close process; including accelerating and streamlining monthly and quarterly reporting processes
Establish and document best-in-class financial and operational internal controls and/or assisting in controls remediation
Assist with audit preparation
Oversee and manage financial reporting and operational system implementations
Assess and design finance and accounting organizational structure
Bring deep financial accounting expertise and leading practices to engagements
Manage multiple client engagements at the same time, ensure projects are on track, manage client expectations and perform course corrections when necessary
Interact and build relationships with C-level personnel at portfolio company as well as representatives from Private Equity sponsors
Assist in growing the firm by identifying and driving business development activities
Identify and sponsor internal initiatives
Excited to be part of a growing team, with a focus on driving future growth
Passionate about delivering exceptional client service
Experienced in advising clients on financial accounting issues
Knowledgeable about the relationship between Private Equity sponsors and their portfolio companies, particularly within the office of the CFO
Willing to get your hands dirty in the details of a project while simultaneously seeing the whole picture
Comfortable managing projects with multiple complex workstreams while also focused on your single workstream (you are managing and doing).
A self-starter with a strong work ethic
Full of entrepreneurial spirit and comfortable in a fluid, flat organization
Able to effectively communicate complex issues and solutions, and raise issues to senior team members when necessary
A team player, able to work with team members across all levels
Someone who enjoys mentoring others and doing meaningful work
A leader of others; you lead by example
Willing to travel according to client needs (up to 80%)
Over 12 years of relevant professional experience working in a client serving role at a top-tier public accounting or financial advisory firm, and/or mix of client service and private industry experience at a senior level
Proven experience successfully managing multiple projects at the same time, managing not only client/sponsor dynamics but internal team dynamics as well
Bachelor's degree in Accounting or related field. CPA is a plus
A strong and up-to date knowledge of US GAAP (exposure to IFRS is a plus), with deep technical understanding of topics such as ASC 606 revenue recognition, lease transactions, purchase accounting, etc.
Experience preparing financial statements and drafting footnote disclosures. Experience with carve-outs and restatements is a plus
Experience performing financial and operational internal control reviews
Knowledge of performing IT assessments and financial system implementation experience is a plus
Experience working with Private Equity, with an understanding of the unique requirements of the Private Equity consulting environment
Strong Excel and PowerPoint skills
Strong client service mindset
Accordion Partners is an Equal Opportunity Employer. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical??? condition, pregnancy, genetic information, gender, sexual orientation, gender identity or ?expression, veteran status, or any other status protected under federal, state, or local law.