We are hiring at Valsoft for an experienced Financial Controller to join our growing team in North America!

The Portfolio Controller will report to the Portfolio Head of Finance. This individual will coordinate and manage period-end close, budgeting and forecasting, statutory compliance and reporting, integrations of new businesses and ensure accurate financial reporting and analysis for a portfolio of acquired companies, as well as lead projects impacting their accounting and provide guidance on the more complex accounting issues. The Portfolio Controller will coordinate with their Finance team and work directly with the Portfolio Managers and Managing Directors for the subsidiary companies.

Here is a little window into our company: Valsoft was founded in 2015 in Montreal, Canada. Our focus is to acquire and grow vertical market software businesses that provide mission-critical solutions in their respective niche markets. So far, we have acquired over 100+ businesses across 25+ industries and have 3000+ employees across 14+ countries. In 2023, Great Place to Work® named Valsoft one of the best workplaces in the financial services industry

Our motto is 'Be Humble, Stay Hungry!'

The successful candidate will work in a remote work model anywhere on the East Coast of the US!

What your day will look like:

Monitor and analyze the performance strategies to identify areas of opportunity and respond with action plans to ensure execution to meet and exceed financial targets
Drive the financial planning of the company by analyzing the performance and risks of the portfolio by applying the KPI framework
Prepare monthly and quarterly business reviews for portfolio companies that highlight results, remediation plans for underperformers, and strategic initiatives to drive organic growth to the senior management team
Build and manage monthly, quarterly, and annual forecasts and track KPIs
Monitor the financial health of a portfolio and ensure positive cash flow
Develop strategies to increase return on investment and profitability
Maintain high-level interaction with the corporate finance department
Actively participate in the processes related to the sale or acquisition of companies
Application of Valsoft Finance best practices to all companies within Portfolio
Ownership of all things finance for companies acquired into the Portfolio

Financial Reporting:

Oversee and review accounting tasks, including tax and compliance
Own monthly financial close process for Portfolio companies
Prepare accurate and timely monthly, quarterly, and annual financial reports
Build processes and ensure compliance with Corporate policies and reporting requirements. Identify and manage differences between corporate consolidation accounting policies and local statutory reporting requirements
Ensure effective financial internal controls and continually evaluate established policies and procedures
Optimize internal reporting processes for efficiency
Prepare for and support the corporate audit by providing necessary documentation
Lead and organize the annual statutory audits and ensure all fillings are complete

Team Leadership and Development:

Set targets for and supervise all accounting and finance personnel (Accounting, FP&A, AR, AP)
Provide leadership and develop a high-performing scalable finance team in a decentralized finance environment, fostering a culture of accountability, collaboration, and continuous improvement
Train and coach teams to ensure they have the knowledge and resources necessary to be successful

Financial Systems:

Support Netsuite rollout activities to Portfolio companies by ensuring data integrity
Conduct situational assessments, identify gaps and opportunities for automation, make recommendations, and direct the implementation of such changes as required to improve financial systems and related processes

Integration Support:

Develop, identify, and execute financial integration and onboarding plan of new acquisitions in partnership with the business transformation team
Integration activities include ERP system implementation, account mapping, rollout of Valsoft reporting requirements and governance standards
Establish and monitor monthly reporting cadence. Review all deliverables for data integrity, quality, and accuracy
Identify discrepancies between acquired company accounting policies and Valsoft corporate policies
Remediate discrepancies by revaluing accounts, engineering and implementing go-forward reporting processes
Prepare purchase price allocations, ensure completeness and accuracy of opening balance sheet accounting prepared in accordance with Valsoft accounting policies
Calculate and monitor deferred acquisition payment liabilities
Creation of first bottoms-up forecast in partnership with the acquired business Rollout and application of Valsoft KPI management framework

About You:

A qualified financial accountant (ACCA) with at least a bachelor's degree or above in Accounting, Finance, Economics or similar is essential; CPA preferred
7+ years of experience in a similar role, including at least 2+ years in team management
Ability to manage risks by ensuring that effective and efficient internal controls are in place without compromising operational efficiency and flexibility
Strong understanding of financial processes, with the ability to navigate and resolve conflicting goals of diverse stakeholders
Extensive knowledge and skill in multiple disciplines to be able to support business integration activities effectively and a capacity to understand and interpret conflicting goals and needs of diverse groups
Ability to manage risks by ensuring that effective and efficient internal controls are in place without compromising operational efficiency and flexibility
Fast learner and adaptable - time management skills and ability to meet deadlines
Working knowledge of Oracle NetSuite ERP (or similar) is considered an asset
Ability to visualize efficient processes and implement them Excellent organizational skills and time management Excellent verbal and written communication skills
Advanced knowledge of MS Excel
Expertise in streamlining and implementing efficient financial processes
Prior experience managing a finance team is advantageous
Being fluent in the English language, written and verbal, is essential
Must be legally authorized to work in the US

For informationabout Valsoft Corporation, please visit our website at www.valsoftcorp.com

We thank all applicants for their interest; however, only those candidates selected for an interview will be contacted.

Valsoft Corporation

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Portfolio Financial Controller