Portfolio Finance Manager

Tbwa Chiat/Day Inc • California, MO, United States • $200k - $250k / year • 1d ago

Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. We are on a mission to acquire, build and grow great enterprise software businesses all over the world that have dominant positions in niche vertical markets. In recent years, Banyan was named the #1 fastest-growing private software company in the US on the Inc. 5000 and amongst the top 10 fastest-growing companies by the Deloitte Technology Fast 500. Founded in 2016 with a permanent capital base setup to preserve the legacy of founders, Banyan focuses on a buy and hold for life strategy for growing software companies that serve specialized vertical markets.

Job Profile:

This is an exciting and entrepreneurial opportunity to join a fast-paced buy-and-hold software business acquirer with a very significant growth trajectory. This role will report to Banyan’s APAC Financial Controller. The position is ideal for an individual seeking a leadership role that combines their technical finance and accounting acumen with business operations. As Finance Manager of a portfolio of small high-quality software businesses owned by Banyan, they will take ownership of all the related accounting, treasury, FP&A, reporting, and finance systems responsibilities. They will also assist in the integration of new acquisitions. This group plays a highly critical “value added” role by partnering with CEOs and leveraging data to drive performance and shareholder value.

Responsibilities:

Lead the Finance function for a portfolio of companies with support from a team of internal and offshore finance resources.
Contribute to the day-to-day accounting work of the portfolio, including but not limited to setting up customer contracts, ensuring correct oversight and supervision as it pertains to booking expenses and accruals, treasury and banking needs.
Assist in the preparation of timely and accurate GAAP financial statements, board reporting, budgets, and KPIs of operating companies.
Perform quality assurance on finance and accounting work products (e.g., reviewing GL postings for accuracy, monitoring revenue recognition, refining variance explanations in reporting, etc.).
Contribute to the ongoing success of operating companies through analysis of budget-to-actuals, revenue and expense analysis, and insights that further facilitate decision-making.
Lead the operational/financial integration of acquisitions and implement financial initiatives identified during the M&A process.
Lead finance process improvement projects that drive efficiency and best practices within our operating companies.
Document Standard Operating Procedures (SOPs) to promote best practices and efficiency across the portfolio.
Other ad-hoc tasks that may arise from time-to-time.

Qualifications for success:

The ideal candidate for the role will possess the following characteristics:

Minimum of 5 years of relevant experience in a finance/accounting role.
Recognized professional accounting designation (CPA, CA). Experience with U.S. GAAP, IFRS and software is an asset.
Proven ability to lead teams, implement change, and drive process improvement.
Ability to delegate, and coordinate various tasks & projects with our offshore team.
Advanced written and verbal communication skills with the ability to converse with senior business executives at Operating Companies.
Experience integrating acquisitions, implementing system transitions, or designing financial processes is an asset.
Experience with NetSuite is an asset.
Strong analytical and problem-solving skills with a high detail orientation.
Highly motivated and energetic with an interest in entrepreneurship, software, and finance.

Diversity, Equity, Inclusion & Equal Employment Opportunity at Banyan: Banyan affirms that inequality is detrimental to our Global Teams, associates, our Operating Companies, and the communities we serve. As a collective, our goal is to impact lasting change through our actions. Together, we unite for equality and equity. Banyan is committed to equal employment opportunities regardless of any protected characteristic, including race, color, genetic information, creed, national origin, religion, sex, affectional or sexual orientation, gender identity or expression, lawful alien status, ancestry, age, marital status, or protected veteran status and will not discriminate against anyone on the basis of a disability. We support an inclusive workplace where associates excel based on personal merit, qualifications, experience, ability, and job performance.

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