Fractional Accounting and Finance Consultant (REMOTE)

FRACTIONAL ACCOUNTING AND FINANCE CONSULTANT(REMOTE)

ABOUT CFO’S DOMAIN:

CFO’s Domain is a national accounting & finance consulting and recruiting organization serving CFOs and their stakeholders. Our consultants are among the best practitioners in the marketplace, serving clients across a diverse range of industries and stages of growth. Our consultants serve clients with mission critical deliverables when they are experiencing capacity or capability constraints. Our consultants receive benefits, competitive compensation, gain access to the full breadth of our recruiting capabilities and are introduced to roles that are accretive to their personal and professional growth.

THE OPPORTUNITY

Our client is a Private Equity backed entertainment/talent management company with offices in LA and New York. We are seeking a remote, fractional Finance and Accounting Consultant to help transition our Client’s books and reporting packages into their future state according to PE sponsor guidelines.

This will be a 4+ month remote engagement working roughly 20 to 30 hours per week. The ideal candidate will be located in either LA or NY for occasional office visits.

ACCOUNTING MANAGER RESPONSIBILITIES:

• Financial Reporting Package – Create and maintain the monthly financial reporting package. Components to be included;
• Monthly consolidated financial statements (P&L & BS)
• Monthly entity level financial statements (P&L & BS)
• EBITDA add backs / adjustments (perhaps personal expenses, owner’s comp, marketing/gifts, depreciation, interest expense, unusual items, etc.)
• Net revenue by client
• Net revenue by revenue type (film, TV, endorse, etc.)
• Net revenue by Manager
• Cash analysis – Tracking the primary portion of the transaction proceeds vs. operating cash flow
• Cash distribution analysis – Tracking what may be distributed / held back each quarter (we do have a tax provider, so this is likely working with them)
• Accounting oversight – Work with the external bookkeeper to ensure all transactions are recorded correctly (cash basis accounting).
• Cash management – Create and maintain a collections analysis that can be used to actively manage AR (currently done by the founders at a high-level). Similar exercise on the AP / expense side.
• Cash reconciliations – Review / improve external bookkeeping firm’s cash reconciliation process ensuring monthly cash reconciliations are performed timely and accurately.
• Process improvement recommendations – Review the company’s current accounting policies and procedures and develop / recommend process improvements.

REQUIREMENTS:

• 10+ years of Accounting and Finance experience.
• Experience with small cap company preferred.
• Entertainment, media, or production experience required.
• Private Equity experience preferred.
• Datafaction software experience preferred.
• Prior Controllership, budgeting and forecasting, and process improvement experience required.
• Comfortable with ambiguity and demonstrated ability to work independently in a fast-paced and rapidly changing environment.

Job Type: Contract

Pay: From $80.00 per hour

Expected hours: No more than 30 per week

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Experience level:

• 10 years
• 11+ years

Schedule:

• Monday to Friday

Supplemental pay types:

• Bonus opportunities
• Overtime pay

Application Question(s):

• Have you ever worked for a private equity backed company?
• Have you ever worked for an entertainment, media, or production company?

Education:

• Bachelor's (Required)

Work Location: In person