Vice President of Finance and Accounting

Job Details Job Location Corporate HeadQuarters - Irvine, CA Salary Range $200,000.00 - $220,000.00 Salary/year Description Job Overview The Vice President of Finance & Accounting (VP F&A) is a senior level position within Acrisure Protection Group (APG) that oversees all aspects of accounting and finance. The VP F&A plays a strategic role for the APG executive team by tracking the progress of key initiatives and translating plans and results into financial terms for decision making purposes. SWDS, an Acrisure agency partner, has a current need for a full-time Vice President of Finance & Accounting . This is a salaried exempt position reporting directly to the Chief Operations Officer. The salary range for this position is $200K-$220K. Location: On-site This is a fully in-office position at our Irvine office. The key areas of focus of the VP F&A include: Strategic Initiatives and Financial Leadership Mergers and Acquisitions Accounting and Accounting Customer Service Finance and Accounting Team Leadership Strategic Initiatives and Financial Leadership The VP F&A helps the executive team flesh out and articulate key initiatives to improve results. This includes documenting the action plans, timeframes, individuals responsible, and expected financial or operational results. The VP F&A tracks the progress of the initiatives and reports on their status to the executive management team weekly or as directed. It is the responsibility of the individual leading the respective initiatives to explain the status and reasons for any delays along with corrective actions. The VP F&A's role is to verify and report the status, and facilitate a discussion. The VP F&A is responsible for translating initiatives into financial terms such as investments, increased revenue, or decreased expenses. In addition, the VP F&A monitors the run rate EBITDA and expected short term changes based on events and completed initiatives highlighting potential shortfalls and providing possible solutions. The VP F&A oversees the preparation of budgets, financial forecasts, and other financial reports required to set and monitor expected results. In addition, the position provides financial analysis and guidance to executive management on all activities, plans, targets, and business drivers that impact results. A key component of this guidance is working with other executives to establish realistic but stretch budgets and monitoring performance, identifying variances, reforecasting, and providing actionable insights. Mergers and Acquisitions One of APG's growth strategies is to acquire F&I agencies across the country to build a national footprint. The VP F&A provides assistance in the M&A process as follows: Participating in the financial due diligence process assessing the financial health of the target by analyzing financial statements, projections, and liabilities, with guidance from Acrisure's M&A team. This includes identifying potential risks and opportunities associated with the acquisition. Assisting with the valuation and purchase price of the target by running various financial models in support of negotiations, including concentration risk. Developing financial integration plans to combine the operations of the acquired company into APG. Ensuring reliable post-acquisition financial reporting, and that both companies comply with the key financial terms of the purchase agreement. Tracking the financial performance of acquired companies and reporting on the impact of M&A activities to executive management monthly or as directed. Accounting and Accounting Customer Service A fundamental responsibility of the VP F&A is overseeing the preparation of the combined financial statements. This entails ensuring income statements, balance sheets, and statements of cash flow are accurate, timely, complete, and prepared in accordance with GAAP. The VP F&A is able to summarize and explain the key financial results to executive management in plain English. The VP F&A is responsible for the effective and efficient operations of the accounting department, including but not limited to financial reporting, accounts payable, accounts receivable, commissions, payroll, and general ledger. The VP F&A is responsible for ensuring Company assets are safeguarded through effective internal controls, and compliance with all financial regulations (e.g., IRS) and company policies. As part of these operational responsibilities, the VP F&A coordinates any internal or external audits (i.e., IRS, Acrisure). The APG accounting department works closely with dealer-customers to ensure the accuracy of money flows related to the sales of APG products. These flows can be complex due to the nature of the business and special set ups. The VP F&A puts policies and procedures in place to ensure APG remains in good standing with all customers. This includes ensuring the various sub-departments having direct contact with customers effectively coordinate their work. Finance and Accounting Team Leadership The VP F&A leads and mentors the finance team promoting a high-performance culture focused on (1) the integrity of all output, (2) maintaining positive relationships within the department as well as with external customers and other APG functions such as sales, and (3) continuous improvement. The VP F&A ensures adequate resources to effectively serve APG through recruitment, training, development of staff and ongoing monitoring of workflow effectiveness (e.g., identifying the root cause of errors and promptly making the appropriate corrections) Qualifications Qualifications Bachelor's degree in finance, Accounting, or a related field is required. CPA or MBA is preferred, but not required. 7-10+ years of relevant professional experience Minimum of 2-4 years of experience in a leadership role, preferably as a VP or equivalent. Strong knowledge of GAAP and financial reporting. Proven track record of strategic thinking and the ability to translate business strategies into financial plans. Experience in mergers and acquisitions, including financial due diligence and integration. Excellent leadership and team management skills. Strong analytical and problem-solving abilities. Ability to communicate complex financial concepts to non-financial executives. The job responsibilities described in this document are subject to change as business needs dictate. Benefits & Perks Paid vacation, sick leave, and company holidays. Medical, Dental, Vision and voluntary benefit options. Company paid Life, AD&D with Long Term Disability insurance. 401k retirement plan with company match. Pre-Screen If offered a position, all applicants will go through out pre-screen process, which includes: Criminal Background Check Motor Vehicle Report Review Verification of identity and eligibility to work in the United States upon hiring Physical Demands The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Moderate stress due to regular deadlines and daily challenges. High finger dexterity while typing documents and forms. Occasionally lift up to 20lbs. At Acrisure Protection Group, we are committed to creating a workplace that values and celebrates diversity. Our goal is to foster an inclusive environment where every individual is respected, valued, and given an equal opportunity to thrive. As an equal opportunity employer, we ensure that all employment decisions are based on qualifications, merit, and business needs. These decisions are made without regard to race, color, religion, national origin, sex, age, creed, genetic information, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, marital status, citizenship status, or any other basis protected by federal, state, or local law. We actively seek to recruit a diverse workforce, embracing employees from all backgrounds who can contribute to our dynamic teams

Created: 2024-11-04