Tuesday, June 9, 2015

Vice-President of Finance - NYC

Vice-President of Finance - NYC

The Company
Our client provides advisory services to retirement plan sponsors (mostly 401(k) and other qualified retirement plans), including investment due diligence research and advice, plan fee benchmarking, plan design guidance, and fiduciary guidance. Today, they are one of the largest independent retirement consulting firms in the U.S. The company is based in Aliso Viejo located in Orange County California.

Reporting Relationships
The Vice-President of Finance will report directly to the Corporate Senior Vice-President and Divisional Controller based in NYC. He/She will also report to the Presidents of Division. Reporting to the Vice-President of Finance will be approximately 7 direct reports. In addition, he/she will utilize Corporate resources to support finance and accounting processes.

Position Overview
The Vice-President of Finance is a newly created position that was established to support the continued profitable growth of the division. This growth will be both organic and through targeted acquisitions. This individual will be responsible for the implementation and integration of corporate financial and accounting reporting systems within the group.

The VP of Finance will be responsible to the Presidents for all financial matters of the company. This will include providing financial leadership to the organization. In addition, this individual will participate in developing finance and accounting strategies, implementation of corporate and business specific policies, objectives, operating plans, and budgets to meet business growth and profitability goals. The VP of Finance will also be required to manage the financial forecast and plans to support the attainment of the divisions goals and objectives in a way that is consistent with all legal and regulatory requirements. They will work consultatively with the leadership team in providing financial guidance and analytics.

Specific Responsibilities
Through the development of needed systems and processes the VP of Finance will help the company improve financial planning, forecasting and reporting by enhancing the organizations ability to access, monitor and interpret information in an efficient , effective and timely manner.  

· Provide input, guidance and pro-active leadership support in the implementation and continuous improvement of the financial forecasting, accounting and reporting systems.
· Assist corporate finance, treasury, tax and the business line in cash management, asset management, budgeting, tax preparation, operations analysis, financial and business reporting.
· Responsible for hiring, training and managing a small accounting staff in the implementation, installation and day-to-day operation of Corporate accounting and reporting systems including general accounting, cost accounting, analysis of operations and results, and financial reporting.
· Oversee the financial review of acquisition’s opening balance sheet and integration for the division. As requested, may assist M & A in evaluating acquisition opportunities.
· Monitor expenditures, investigate significant variances, identify and implement corrective action.
· Develop and monitor key measures and financial analytics for each line of business.
· Prepare timely monthly reporting package, variance to plan analysis and quarterly financial review presentations.

The Candidate
Bachelor’s degree in Financing or Accounting is required. MBA or CPA is a plus but not required. Professional Qualifications
· Must have prior experience at VP or Director level with corporate or business unit financial leadership experience, P&L, and balance sheet responsibility.
· A minimum of 10 years of progressive related finance and accounting experience in a rapidly growing organization with at least 5 years in a senior managerial position.
· Experience in a continuous improvement culture and matrixed organization with the ability to lead process improvement and change.
· Experience in the financial services industry or with asset management firms with knowledge of regulations pertaining to retirement plans or 401(k)’s is highly preferred but not required. Must be experienced with business services, professional services, or consulting type firms.
· Strong understanding of the financial management, forecasting, budget process and business performance measurement systems.
· Experience in overseeing financial aspects of corporate acquisitions would be a definite plus but is not required. This would include financial due diligence, deal structure and financing, closing documents and opening balance sheet establishment, and post-transaction integration.
· Must be able to develop, document and execute detailed budgets and forecasts. Also, must be able to provide financial support in the development of business plans.
· Ability to effectively and professionally present financial information to senior management and corporate executives.
· Demonstrated ability to learn the business and have a business and customer centric approach to Finance & Accounting Leadership.

To apply:
Barbara Byster
Senior Partner
Alta Search Group

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