Quality of Earnings Manager (QofE Services Lead)

New Majority Capital Management LLC; Providence (RI); Remote; USD 90,000 - 135,000; Full time

Benefits offered by this job

Health insurance

401(k) match

Vacation days

Remote-first work environment

Job summary

New Majority Capital Management LLC is seeking a QofE Manager to launch and own a vertical revenue stream within the NMC ecosystem. You’ll lead our QofE Lite offering for small business deals, focusing on the quality of earnings and accounting diligence to provide confidence to lenders and investors.

Ideal candidates are CPAs with 2–5+ years in QofE (buy-side preferred) and a track record with businesses under $10M in revenue.

Qualifications

• CPA or equivalent accounting certification.
• 2–5+ years of QofE experience (buy-side preferred).
• Experience with businesses <$10M in revenue.
• Solid understanding of acquisition accounting and adjustments.
• Strong communication—translate complex numbers into plain language.

Responsibilities

• Lead QofE Lite engagements for self‑funded searchers across the NMC ecosystem.
• Design and manage a standardized, scalable QofE workflow tailored to small business deals.
• Deliver standard QOE reports that assess financial integrity, proof of cash, revenue normalization, seller discretionary earnings, customer concentration, margin consistency, business valuation, and other critical metrics.
• Provide light post‑close financial advisory where relevant, especially in working capital needs.
• Own the P&L for NMC's financial diligence & back‑office vertical.
• Coordinate with entrepreneurs and Deal Analysts to prioritize incoming QofE work; translate findings into summaries.

Skills

CPA

QofE experience

Communication

Financial analysis

Education

CPA certification

Tools

QuickBooks

Xero

Google Sheets

Job description

We’re hiring a QofE Manager to launch and own a vertical revenue stream within the NMC ecosystem. This is more than a job-it’s an opportunity to build a business within our business. You’ll lead our internal Quality of Earnings (QofE Lite) offering, serving a captive base of entrepreneurs actively acquiring small businesses. Over time, you can potentially expand into outsourced back‑office services like accounting, bookkeeping, and monthly financials. This role is perfect for a CPA with buy‑side QofE experience who wants the entrepreneurial freedom to grow a practice with built-in demand. You’ll work alongside our Deal Analyst and Biz Dev team, but your focus is exclusively on the quality of earnings/accounting diligence layer-cleaning the numbers, surfacing insights, and offering confidence to lenders, investors, and entrepreneurs alike.

Key Responsibilities

QofE Services

• Lead QofE Lite engagements for self‑funded searchers across the NMC ecosystem
• Design and manage a standardized, scalable QofE workflow tailored to small business deals
• Deliver standard QOE reports that assess financial integrity, proof of cash, revenue normalization, seller discretionary earnings, customer concentration, margin consistency, business valuation, and other critical metrics
• Provide light post‑close financial advisory where relevant, especially in the area of working capital need

Revenue & Service Expansion

• Own the P&L for NMC's financial diligence & back‑office vertical
• Build or manage outsourced delivery partners for accounting and bookkeeping
• Work with the core NMC team to upsell or cross‑sell services as deals progress

Client Management & Internal Coordination

• Coordinate with entrepreneurs and Deal Analysts to prioritize incoming QofE work
• Translate findings into clear summaries that support investment memos and lender packages
• Help educate entrepreneurs on best practices around financial presentation and hygiene

Qualifications

Must‑Haves

• CPA or equivalent accounting certification
• 2-5+ years of experience in QofE (buy‑side preferred)
• Experience working with businesses <$10M in revenue
• Solid understanding of acquisition accounting and common adjustments
• Strong communication skills—can translate complex financials into plain language

Bonus Points

• Experience delivering services to self‑funded searchers or independent sponsors
• Familiarity with common tools like QuickBooks, Xero, and Google Sheets‑based reporting
• Openness to using AI tools to build scalable processes
• Entrepreneurial mindset—you’ve built something, or wanted to

You’ll Thrive Here If You...

• Want to run your own practice but also want a community and deal flow baked in
• Like being early—on deals, on teams, on ideas
• Know the value of good books and clean numbers in getting deals across the finish line
• Get energy from helping entrepreneurs see the forest and the trees in their financials

Compensation

• Base salary range: $90,000-$135,000
• Performance bonus structure based on profit share
• 100% company covered health insurance plans
• Company sponsored 401(k) retirement savings plan with 3% company match
• New employees start with 15 vacation days, 6 personal days, and 10 sick days

NMC is a remote‑first organization with a membership at a co‑working space in Boston, MA and Providence, RI. This position is primarily remote with the exception of some travel and in‑person team days. Travel more than 100 miles will be reimbursed and is expected for the following:

• Quarterly team strategy offsite meeting
• Annual offsites with national team
• In‑person presentations/meetings as needed
• Conferences
• Site visits at potential Fund portfolio companies

New Majority Capital (NMC) is committed to providing a workplace free from discrimination or harassment. We expect every member of the NMC community to do their part to cultivate and maintain an environment where everyone has the opportunity to feel included, and is afforded the respect and dignity they deserve.

Decisions related to hiring, compensating, training, evaluating performance, or terminating are made fairly, and we provide equal employment opportunities to all qualified candidates and employees. We examine our unconscious biases and take responsibility for always striving to create an inclusive environment that makes every employee and candidate feel welcome. We encourage all interested candidates to apply.