Director of Finance - Vaco, LLC
Long Island City, NY 11101
About the Job
Location: Long Island City, NY,11101 (3 days in hybrid )
Duration: Permanent
Salary: $160k/Yr to $190K/Yr
Job Overview:
- Reporting to the Senior Vice President of Finance, the Director of Finance will oversee all aspects of the daily operation of the Accounting Department.
- This role will include direct oversight of the accounting team to ensure that open lines of effective communication exist with all levels of management throughout the organization as well as external clients/consultants.
- The director will be responsible for the development, documentation, and implementation of scalable policies and procedures to foster continuous quality improvement throughout the Accounting Department. In the near term, will assist with all aspects of a new ERP implementation; including but not limited to staff training and development.
- Oversee all aspects of the daily operation of the Accounting Department
Manage the accounting team to ensure that open lines of effective communication exist with all levels of management throughout the organization as well as external clients/consultants. - Working with the Controller, oversee the development, documentation, and implementation of scalable policies and procedures to foster continuous quality improvement throughout the Accounting Department.
- Assist with all aspects of a new ERP implementation including but not limited to staff training and development.
- On a regular basis and at a minimum on an annual cycle, review all financial processes and procedures to ensure full compliance with GAAP, regulatory, and external audit requirements.
- Develop, coach, and encourage growth and personal development within the organization.
- Understand NetSuite applications in all functional areas of accounting as they relate to complex financial data and business performance metrics
- Prepare and present regularly scheduled executive briefings to senior management that include financial performance, opportunities for improvement, strategic business financial/operational metrics, market trends, and new ways to monitor/mitigate financial risk.
- Working across all departments, manage the dynamic integration of technology, process management, and interdepartmental collaboration to build out best-in-class procedures
- Streamline the financial recording of client sales transactions and collaborate with the Controller to standardize operating procedures across all relevant internal teams including but not limited to Sales, Order to cash, Billing, FP&A, GL, Collections, and Cash management.
- Understand accrual accounting, contract administration, and relevant systems to identify opportunities to enhance the company’s financial accounting processes.
- Build and foster strong working relationships with all key stakeholders and lead strategic initiatives to improve Client Services processes from a financial perspective.
- Receive and respond to financial inquiries from both internal and external clients while triaging/delegating to the appropriate accounting department team leader for prompt and professional resolution.
- Partner with Information Technology to coordinate efforts to support training on new systems and ensure the security/integrity of all platforms.
- Research and provide potential solutions to complex accounting system challenges
Provide ad-hoc analysis and support for the general financial operations as needed to support business and any other special projects.
- Bachelor’s degree in accounting, Finance, Business, or a related field required. Master’s in accounting, Business Administration or related field preferred.
- 5+ years of accounting experience in private industry and/or Big Four Accounting Firm
Audit or assurance experience required; CPA highly preferred - NetSuite, Microsoft Systems and banking portal experience required. Tipalti experience a plus
- Highly organized with strong attention to detail
- Demonstrated exceptional leadership skills
- Ability to work with senior executives on a daily basis
- Prior training experience in a customer service-focused role with flexibility to train in-person, digitally, and/or on-site
- Excellent understanding of fundamental accounting principles e.g. Revenue Recognition – ASC 606
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.
