Empowerbrands
Divisional Controller
Richmond, Virginia. Posted 24 days ago
The role
The Divisional Controller is a senior accounting leader responsible for creating a reliable view of performance across a multi-entity platform. This role owns the complete accounting cycle, including franchisor accounting, company-owned markets, shared services, and financial reporting.
What you will do
- Own the complete accounting cycle for all Residential franchisor entities, company-owned markets, and shared-service departments.
- Manage the month-end, quarter-end, and year-end close calendar.
- Ensure all balance sheet accounts are reconciled monthly.
- Maintain common accounting policies and standards across the Division.
- Own accounting for franchisor revenue streams under US GAAP.
- Oversee accounting for brand and advertising funds.
- Own accounting for the two company-owned markets.
- Manage the consolidation of the Residential Division into a single reported result.
- Own Residential Accounts Receivable and oversee the Accounts Payable team.
- Lead the Residential Division response to annual financial statement audits.
Required qualifications
- 10+ years of progressive accounting experience, including experience as a Controller, Divisional Controller, Assistant Controller, or comparable senior accounting leader.
- Bachelor’s degree in Accounting or Finance.
- Demonstrated ownership of a multi-entity close, general ledger, balance sheet reconciliations, consolidation, and financial reporting process.
- Experience leading AR and AP operations and managing an accounting team through managers and individual contributors.
- Strong command of US GAAP, including ASC 606 revenue recognition and ASC 326 credit-loss reserving.
- Experience managing the company side of an external audit.
- Advanced Excel skills.
- Experience with a modern ERP and financial reporting environment.
Nice to have
- CPA strongly preferred.
- Franchising experience, including royalty, franchise fee, advertising-fund, and franchisee receivable accounting.
- Experience in a private-equity-backed, multi-brand or shared-services environment.
- NetSuite experience.
- Track record implementing or improving ERP, consolidation, billing, AP automation, or close-management tools.
- Experience standardizing multiple sets of books onto common policies, a common chart of accounts and a single close calendar.
Benefits
- Base salary
- Performance bonus
About the company
Empower Brands is a leading franchise organization encompassing ten industry-leading brands across residential and commercial services. It is a portfolio company of MidOcean Partners.