Senior Vice President, Portfolio Finance
Company: Transom Capital Group
Location: Los Angeles
Posted on: May 2, 2024
Job Description:
Transom Capital Group ("TCG") is a leading Los Angeles-based
private equity firm focused on operationally-intensive investments
in the middle-market. The TCG team has a proven track record of
investing in, restructuring, and growing businesses. Key to this
success is its unique approach of heavy operational involvement and
support provided to each portfolio company.TCG is seeking a Senior
Vice President of Portfolio Company Finance ("SVP"). The SVP
reports to the Portfolio Company Operations Group and is
principally responsible for monitoring day-to-day finance
activities across multiple portfolio companies, including financial
reporting, cashflow management, and compliance. Additionally, the
successful candidate will partner with relevant stakeholders in the
design and execution of strategic initiatives that generate
long-term enterprise value.Responsibilities:
- Serve as TCG's representative to the portfolio company on
day-to-day finance-related activities and act as an effective
liaison between portfolio company executive management and the
Board of Directors
- Monitor financial performance, including KPIs, working capital,
capital expenditures, debt covenants, taxes, budget, as well as
general finance and accounting operations at each portfolio
company
- Partner with CFO at portfolio company to implement
best-in-class cashflow management, accounting controls, and
treasury operations
- Participate in weekly cash flow review meetings and manage
rolling 13-week cash flow forecast
- Drive standardization in accounting, reporting, and financial
operations and deliver 'best-in-class' tools, techniques, and
templates to portfolio companies
- Evaluate portfolio company's financial systems and participate
in implementation or upgrade of systems
- Participate in annual portfolio company audits and tax
reporting and ensure they are completed in a timely manner.
Effectively communicate to the audit committee on material
findings/issues.
- Drive timely financial reporting from portfolio companies,
including BOD presentations
- Provide regular MD&A on portfolio company performance to
support TCG's internal and external stakeholder reporting
requirementsRequirements:
- BA in Accounting or Finance
- MBA preferred
- CPA license
- 12+ years progressive finance and accounting experience,
recently leading the finance function of an organization
- private equity or PE-backed company experience preferred
- Public accounting experience
- Excellent interpersonal, communications, and presentation
skills
- Process-driven individual with a track record of implementing
process improvements
- Exceptional Excel-based financial modeling and budgeting
skills
- Strong capability with MS Office suite, Powerpoint
specifically
- Experience with and working knowledge of SAAS-based accounting
/ ERP solutions, e.g., NetSuite The following questions are
entirely optional. To comply with government Equal Employment
Opportunity and/or Affirmative Action reporting regulations, we are
requesting (but NOT requiring) that you enter this personal data.
This information will not be used in connection with any employment
decisions, and will be used solely as permitted by state and
federal law. Your voluntary cooperation would be appreciated. Learn
more .
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Keywords: Transom Capital Group, Riverside , Senior Vice President, Portfolio Finance, Accounting, Auditing , Los Angeles, California
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