HydraTech Industrial Solutions Hiring for Finance and Accounting Manager Job at Littleton, CO Full Time

HydraTech Industrial Solutions is a Private Equity (PE) platform with operating companies across the US in the Industrial Distribution segment. HydraTech is seeking a dynamic finance specialist looking to build a career in PE, provide oversight and leadership in operating company processes/performance, and participate in all aspects of M&A from integration to full financial partnership with commercial and operational teams.

Position Summary:

This Accounting and Finance tactical leadership role is responsible for performing accounting work required to maintain an expanding consolidated general ledger and procedurally protect company assets. Working under the direction of the VP of Finance the Finance Specialist directs and coordinates the daily activities of the accounting department and staff to accurately record and report consolidated location performance. The position involves direct responsibility for general accounting and controls, working capital management, banking/funding transactions and reconciliations, month end close, audit and tax compliance, budgeting, and variance reporting. The candidate should be a highly motivated and detail orientated self-starter.

Essential Functions:

· Lead/manage day-to-day corporate and location accounting and month end close processes.

· Manage and maintain the integrity of the general ledger. Ensure efficient use of cash and operating capital. Manage bank transactions including cash receipts/payments, Wire/ACH transfers, and positive pay/fraud detection. Ensure cash account reconciliations are completed.

· Provide effective financial controls and policies to accurately maintain company data/records.

· Accurately administer payroll data and payment processes, oversee employee master data and payroll submissions per established company policy and processing deadlines.

· Responsible for tax reporting and compliance with all federal, state, and local corporate, sales and use, payroll, and other applicable taxes.

· Maintain the outsourced fixed asset register, determine capitalized items and depreciation rates per policy, and accurately process asset acquisition/disposal to the general ledger.

· Own completion of monthly accounting cycle and provide accurate/timely financial information within established financial reporting deadlines with process improvement focus.

· Partner with the VP of Finance to furnish internal/external reports as necessary, analyze and interpret key metric and accounting information to appraise company operating results.

· Work directly with acquired Operating Companies on efficient reporting processes, month end close, data management, and establishing internal control processes

· Capable of direct interaction with PE ownership on month end financial results, variance analysis, budgeting/forecasting, and model/tool use and management.

Required Knowledge, Skills Abilities:

• Strong accounting background with GAAP application experience in Revenue recognition, COGS/Inventory Valuation, Expense Accrual, Equity funding and Intercompany transfer
• Use of consolidating and reporting software for accurate and timely financial reporting.
• Knowledge of policies and practices associated with payroll and benefits administration.
• Practical experience/use of and implementation/conversion to a mid-tier ERP system.
• Strong organizational skills and the ability to manage large volume and complex data.
• Ability to communicate effectively both written and verbally.
• Ability to exercise initiative, sound judgment and professional composure.
• Ability to establish and maintain effective and appropriate relationships with customers, vendors, bank contacts, PEO, Auditors, and operational leadership teams.

Education and Work Experience Requirements:

Bachelor’s Degree in Accounting, Finance, or equivalent work experience. Minimum four years of experience in financial statement preparation, Income Statement and Cash Flow analysis, budgeting/forecasting, purchasing/inventory management, payroll, accounts payable, and accounts receivable. Strong desire to build a career in Private Equity with a M&A focus.

Job Type: Full-time

Pay: $120,000.00 – $140,000.00 per year

Benefits:

• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Vision insurance

Physical setting:

• Office

Schedule:

• Monday to Friday

Supplemental pay types:

• Bonus pay

Ability to commute/relocate:

• Littleton, CO 80129: Reliably commute or planning to relocate before starting work (Required)

Experience:

• progressive Finance and Accounting: 5 years (Required)
• Financial Statement Analysis and Reporting: 3 years (Required)
• Financial Leadership: 1 year (Required)
• ERP system use or conversion: 2 years (Required)

Work Location: Hybrid remote in Littleton, CO 80129