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Beauty Services Franchisee
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Director of Finance
$168k-228k (estimate)
Full Time 1 Week Ago
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Beauty Services Franchisee is Hiring a Director of Finance Near Hills, AL

Title: Director of Finance

SUMMARY OF JOB RESPONSIBILITIES

We’re a new, fast-growing, well-financed franchise operator in the Southeast focused on beauty and wellness services. We are proud of our strong culture; team members across the organization embody “hungry, humble and smart” while focusing on finding ‘fun’ in our day-to-day. We have six locations, two under construction and a ninth location planned later this year; we have plans to build ~25 more over the next five years.

We’re looking to hire a Director of Finance to wear multiple hats as we scale. The ideal candidate will take ownership of bookkeeping / maintaining the general ledger, payroll processing, budget maintenance, vendor management, cash reporting, and other internal and external financial reporting objectives. Over time, we will add to the finance team, requiring strong management and organizational skills. This is an opportunity to join a well-financed, growing business early, with a path to financial and professional growth.

ESSENTIAL JOB FUNCTIONS

Manage all aspects of bookkeeping, including:

  • Oversee the general ledger via QuickBooks and reconcile with third party software to ensure accuracy.
  • Make month-end general ledger entries to close each calendar month on a timely basis.
  • Accurately process invoices, payroll and tax statements.
  • Respond to vendor requests and communication to ensure timely payment and relationship management.
  • Reconcile bank statements and maintain accurate financial data.
  • Develop financial reports for management and Board review.
  • Create and manage systems for tracking professional licenses, tax reporting and permits, and insurance policies.

Assist developing company budget and forecast with eye on strategic direction and KPIs:

  • Work with CEO, Director of Operations and Chairman to establish detailed budget to present to board of directors.
  • Track and analyze performance against budget.
  • Engage with operations teams and unit-level managers to review budgets, manage / order unit inventory, review planned capital expenditures and supplies, and review KPIs that drive incentive compensation.
  • Update and track financial model for the business.
  • Prepare capital request forms tied to budget and capital needs.
  • Manage bank relationships.

Manage payroll:

  • Manage bi-weekly payroll process, ensuring accuracy and timely processing for employees through ADP.
  • Work with ADP to provide and file W-2s.
  • Acquire and maintain W-9 forms for non-employee independent contractors.

OTHER JOB FUNCTIONS

  • Work with Chairman evaluating potential acquisitions and other strategic initiatives.
  • Assist with market due diligence to help guide expansion.
  • Analyze business performance and work with operating team and CEO to develop improvement plans.
  • Other tasks as requested.

This position description is intended to describe the general nature and work responsibilities of the position. This position description and the duties of this position are subject to change, modification and addition as deemed necessary. Employees are required to comply with supervisory instructions and perform other job duties, responsibilities and assignments requested by Lamp Post executives and managers. This position description does not constitute an employment contract between employer and job applicant.

REPORTING RELATIONSHIP

Reports directly to the CEO and to the Chairman.

REQUIREMENTS AND QUALIFICATIONS

Accounting degree. CPA preferred, but not required.

Three or more years of accounting experience with a well-regarded accounting firm.

Deep knowledge and experience with QuickBooks, Excel, Word and other professional software to support job tasks and analysis.

Hungry, humble and smart.

  • Hunger to grow, improve, and learn.
  • Humility when receiving and distributing credit and when working with people who know less than you.
  • Exceptional emotional intelligence and ability to work and communicate with people from all walks of life.

Process-oriented work style that values data-driven feedback.

Exceptional organizational skills.

Strong work ethic.

Detail-oriented and ability to both work rapidly with minimal errors and review completed work product for whatever errors might have occurred.

Ability to work independently, prioritize tasks, and manage multiple projects.

JOB STATUS

Exempt – Full time

COMPENSATION BASIS

Bonus: Performance-based

Job Type: Full-time

Pay: $60,000.00 - $80,000.00 per year

Benefits:

  • Dental insurance
  • Health insurance
  • Paid time off
  • Vision insurance

Experience level:

  • 3 years

Ability to Relocate:

  • Vestavia Hills, AL 35216: Relocate before starting work (Required)

Work Location: Hybrid remote in Vestavia Hills, AL 35216

Job Summary

JOB TYPE

Full Time

SALARY

$168k-228k (estimate)

POST DATE

05/06/2024

EXPIRATION DATE

09/01/2024

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The job skills required for Director of Finance include Accounting, CPA, Financial Reporting, General Ledger, etc. Having related job skills and expertise will give you an advantage when applying to be a Director of Finance. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Director of Finance. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Director of Finance positions, which can be used as a reference in future career path planning. As a Director of Finance, it can be promoted into senior positions as a Top Division Financial Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Director of Finance. You can explore the career advancement for a Director of Finance below and select your interested title to get hiring information.

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If you are interested in becoming a Director of Finance, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Director of Finance for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Director of Finance job description and responsibilities

A Director of Finance makes high-level decisions regarding a business’s health, leaving details for the finance and accounting departments.

01/03/2022: Schenectady, NY

Finance Director, given additional responsibility for managing pricing, proposal development; supply agreement approval.

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Financial directors review any capital request and take on the approval process while the controllers of finance process the requests.

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The duties of a Director of Finance are to manage the financial and accounting control functions of an organization.

12/20/2021: Racine, WI

They’re also commonly tasked with managing one or more corporate finance departments, such as accounting or payroll.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Director of Finance jobs

Becoming a director of finance requires a combination of education and relevant work experience.

02/26/2022: Sioux Falls, SD

They must also be good team players, with management skills to lead the finance department.

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At least 10 years of accounting and finance experience.

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Create partnerships with the other stakeholders.

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The Finance Director should have strong people skills, be a team player and be a proficient multitasker.

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Step 3: View the best colleges and universities for Director of Finance.

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