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Cobalt Service Partners
Posted on Dec 6, 2024
Reports to: VP, Finance
Location: Washington, DC, New York, NY or Remote
About Cobalt Service Partners
Cobalt Service Partners buys and builds leading access solutions businesses that install and maintain essentials like commercial doors, overhead doors, security gates, access control systems, video surveillance systems, and more. Through its commitment to people, technology, and unwavering stewardship, Cobalt offers founders a long-term home for their business that they can feel proud of. Securing Legacies, Unlocking Possibility.
Our Values
We’re seeking a dynamic Accounting Integration Lead who is passionate about M&A transactions and project management. The role will be responsible for (i) leading audit and related financial disclosures for the transaction, including the post-close true-up; (ii) onboarding each new acquisition onto our finance tech stack; (iii) seamless coordination with all parties in the M&A integration process (deal team, diligence team, accounting, etc.); and (iv) continuously improving the onboarding process.
This is a project-based role that requires strong organizational and project management skills and is suited for someone who excels in a fast-paced environment. The ideal candidate will be able to anticipate roadblocks in a project and resolve issues quickly and efficiently leveraging their experience with finance operations and technical accounting.
Responsibilities
Location: Washington, DC, New York, NY or Remote
About Cobalt Service Partners
Cobalt Service Partners buys and builds leading access solutions businesses that install and maintain essentials like commercial doors, overhead doors, security gates, access control systems, video surveillance systems, and more. Through its commitment to people, technology, and unwavering stewardship, Cobalt offers founders a long-term home for their business that they can feel proud of. Securing Legacies, Unlocking Possibility.
Our Values
- Unwavering stewardship
- Excellence in action
- Seek and tell the truth
- Love learning
- Enjoy the ride
We’re seeking a dynamic Accounting Integration Lead who is passionate about M&A transactions and project management. The role will be responsible for (i) leading audit and related financial disclosures for the transaction, including the post-close true-up; (ii) onboarding each new acquisition onto our finance tech stack; (iii) seamless coordination with all parties in the M&A integration process (deal team, diligence team, accounting, etc.); and (iv) continuously improving the onboarding process.
This is a project-based role that requires strong organizational and project management skills and is suited for someone who excels in a fast-paced environment. The ideal candidate will be able to anticipate roadblocks in a project and resolve issues quickly and efficiently leveraging their experience with finance operations and technical accounting.
Responsibilities
- Ensure effective coordination with all parties in the M&A integration process (deal team, diligence team, HR, accounting, etc.) to design and execute a post-acquisition onboarding plan for finance and accounting operations.
- Work with the diligence team to (i) assess talent to develop post-acquisition resource plan; (ii) assess accounting recognition policies to inform Quality of Earnings adjustments as well as post-acquisition accounting processes; (iii) ensure pro forma historic financials are updated and loaded in our reporting system; and (iv) coordinate negotiation of the working capital true-up.
- Coordinate with Controller team on ASC 805 valuation of the acquisition with our third-party valuation firm within 90 days post-acquisition.
- Coordinate with Controller team on opening balance sheet and all deal-related support for the auditors; manage their review of the transaction; and resolve all comments within 120 days post-acquisition.
- Identify strategic changes to the onboarding process, where necessary, and advocate for continuous process improvements.
- Degree in accounting or finance
- 8+ years of experience; public accounting and controller experience a plus
- CPA preferred
- Experience with M&A transactions
- Significant knowledge of GAAP
- Proven ability to successfully manage multiple projects at the same time
- Experience with a range of financial tech stack applications strongly preferred
- Team oriented and excited to grow and scale a business over the next 5-10 years
- High learning agility and eagerness to work in a fast-paced, dynamic environment
- Unquestionable integrity
- Ability to work proactively across multiple stakeholders; excellent communication skills