Director of Accounting

Summary

The Accounting Director will play a critical leadership role in Tide Rock’s finance organization, with oversight of accounting functions across Tide Rock and its subsidiaries. This position is responsible for ensuring timely and accurate financial reporting, treasury / cash flow management, consolidation of portfolio financials, compliance, and continuous process improvement. The ideal candidate will provide strategic direction / manage junior members of the accounting team and will partner with portfolio company controllers to strengthen financial operations across the enterprise.

Job Responsibilities:

Financial Leadership & Oversight

• Oversee and manage the full month-end close process for Tide Rock, ensuring the timely completion of month-end procedures.
• Direct and review all journal entries, reconciliations, and financial statement preparation in collaboration with accounting staff.
• Manage the consolidation of financials across Tide Rock and subsidiaries.
• Ensure the integrity of the general ledger and adherence to GAAP.

Treasury & Cash Management

• Lead daily treasury management and cash forecasting for Tide Rock.
• Oversee treasury activities with portfolio companies, including cash movements, funding requests, and repayments.
• Manage credit lines, notes receivable tracking, and monthly interest calculations/billings to portfolio companies.
• Coordinate quarterly distributions, including preparation of consolidation financials, income transfers, investor distributions, and management fee allocations.

Audit, Tax, & Compliance

• Manage and coordinate the completion of annual financial audits for Tide Rock YieldCo and related entities.
• Oversee state and federal tax compliance performed by Tide Rock’s tax consultants, including purchase accounting-related items, PTE, franchise, and purchase price allocation work.
• Prepare quarterly banking compliance reporting and ensure adherence to debt covenants.

Payroll & Benefits Administration

• Biweekly payroll processing and benefits administration to ensure compliance, accuracy, and timely execution.

Operational Reporting & Investor Relations

• Prepare financial reporting packages for management, investors, and banking partners.
• Support ad-hoc financial analysis and investor reporting requests.
• Assist with system implementation and other enhancements, as needed.

Leadership & Process Improvement

• Mentor and train junior accounting team members and portfolio company finance staff.
• Develop, document, and enhance back-office accounting procedures to increase efficiency and standardization.
• Build strong relationships with portfolio company accounting teams, providing oversight and guidance to ensure accuracy and consistency.
• Collaborate with executive leadership to improve financial transparency and data-driven decision-making.

Additional Responsibilities

• Support the integration of newly acquired portfolio companies, including accounting setup, capital infusion, and closing processes.
• Lead special projects and perform other duties as assigned.

Required Skills and Experience:

• Expert knowledge of daily accounting processes and requirements in accordance with US GAAP.
• Expertise in management principles involved in strategic planning and forecasting including people, material, and equipment resource allocation; corporate and human resource benefits; leadership and teaming; and production methods.
• Excellent computer skills including a high degree of skill in Excel and PowerPoint.
• Experience in managing end-to-end ERP processes and reporting.
• Skill and ability to collect, organize, synthesize, and analyze data; summarize findings; and develop conclusions and recommendations from appropriate data sources.
• Motivate, develop, and direct people as they work, building a strong team with the right skills in the right jobs.
• Consider the costs and benefits of potential actions to choose the most appropriate course of action.
• Proactive communicator who can clearly articulate results and needs across all levels of the business, including executive leadership.
• Able to establish and communicate clear priorities and to influence others to support and act on those priorities.
• Proven ability to manage multiple projects with competing deadlines.

Qualifications

• Bachelor's degree in accounting or finance
• 7 years of experience in accounting or finance function, ideally with at least 2 in a leadership role.
• CPA preferred