The Accounting Director will serve as a key leader within Tide Rock’s corporate finance organization, overseeing accounting operations across approximately 8 portfolio companies. Reporting to a Tide Rock Finance Lead, this person will partner closely with portfolio company controllers to ensure accurate financial reporting, strong accounting controls, standardized close processes, and overall accounting rigor across the platform.
This is a full-time position located on-site in Solana Beach, California.
Job Responsibilities:
- Oversee accounting functions across multiple portfolio companies, maintaining engagement with portfolio finance teams to ensure financial accuracy, timely close processes, and alignment with Tide Rock's reporting standards.
- Provide functional oversight to portfolio company controllers, ensuring consistent application of GAAP, accounting policies, and close timelines across the portfolio.
- Establish and enforce standardized financial reporting packages, close calendars, and key control checklists for all portfolio companies.
- Review portfolio company financial statements, balance sheet reconciliations, and key judgments for accuracy, completeness, and consistency prior to consolidation.
- Serve as escalation point for complex accounting matters, including revenue recognition, debt accounting, equity transactions, and intercompany activity.
- Ensure the integrity of the general ledger and adherence to GAAP.
Treasury & Cash Management
- Review and own your portfolio companies’ 13-week cash forecast weekly.
- Oversee treasury activities of your portfolio companies, including cash movements, funding requests, and repayments.
Audit, Tax, & Compliance
- Design and oversee internal control frameworks across portfolio companies, identifying and remediating control gaps as needed.
- Ensure portfolio companies comply with lender reporting, audit requirements, and financial covenants.
- Coordinate portfolio-wide accounting policy updates in response to new accounting standards or regulatory changes.
- 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.
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