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PremiStar · 1 day ago

Director of Finance Integrations

Deerfield, IL

Full-time

Hybrid

Director/Executive

8+ years exp

PremiStar is seeking a Director of Finance Integrations to lead the finance integration activities for recent and future acquisitions. The role involves assessing finance functions, implementing accounting policies, and ensuring successful delivery of integration objectives while collaborating with various teams and external consultants.

CommercialHeating Ventilation and Air Conditioning (HVAC)Home ImprovementIndustrial

Responsibilities

Collaborate with the M&A team during the due diligence phase to ensure that finance integration matters are considered prior to acquisition

Lead finance and tax workstreams from due diligence through integration, including management of external consultants, ensuring timelines and deliverables are met. This includes but is not limited to overseeing and/or assisting in the preparation of:

Quality of earnings

Net working capital analysis

Earnout calculations

Proforma Financials

Opening Balance Sheet and Purchase Price Accounting

Liaise pre- and post-close with acquired businesses to communicate finance integration expectations and provide clear deliverables in line with the finance integration priorities

Evaluate acquired businesses’ financial practices, identifying gaps to PremiStar standards

Leveraging the integration playbook, develop a comprehensive project plan tailored to address the operational and financial gaps of each acquisition. This will include working with individuals across the finance team, as well as cross functionally, to ensure that finance integration tasks are properly identified and prioritized

Lead the execution of the finance integration plan, guaranteeing key milestones and associated timelines are met. This includes but is not limited to:

Executing finance integration activities (proforma reporting, mapping, open balance sheet preparation, system integration, banking integration, etc.)

Effectively assigning and tracking deliverables, communicating expectations, and providing status updates to key stakeholders

Timely identification of project risks and development of associated mitigation measures

Management of hand-off between integration team and corporate finance team ensuring a smooth transition at the end of the integration period

Evaluate finance resource needs for each acquired entity and assist, as needed, in the hiring of such resources

Serve as the primary point of contact for finance integration activities between all parties (PremiStar, acquired businesses, and third-party consultants) ensuring succinct communication, unified efforts, clarity around objectives, and escalation of issues

Assist in the review, documentation, and implementation of PremiStar accounting and finance policies and procedures at acquired entities. This includes ensuring that businesses keep their financials in accordance with GAAP and meet platform reporting requirements

Ongoing development and refinement of the finance integration process, reflecting the business model and scale of the acquired entities, showing awareness and adoption of industry’s best practices

Assist in any system implementations or system enhancements as required

Participate in special projects, ad hoc reporting, etc. in support of broader finance department initiatives

Ability to travel and work onsite at the acquired companies or PremiStar business units located throughout the U.S. (up to 25% of the time)

Other tasks and duties as assigned

Qualification

M&A experienceFinancial statement preparationAccounting policy implementationProject managementCPA LicenseERP systems understandingPercentage of completion accountingBusiness intelligence toolsAnalytical skillsCommunication skillsAttention to detailRelationship buildingOrganizational skills

Required

Undergraduate degree in accounting or finance and a CPA License

8 - 10+ years in accounting leadership roles, including demonstrated management experience leading an accounting team

Experience with M&A, Due Diligence and Integration in an acquisition environment; or similar demonstrated process improvement and change management experience

Strong understanding of ERP systems with implementation experience

Proficiency in MS Office suite