Sr Manager Franchise Accounting

American Family Care; Birmingham (AL); Remote; USD 85,000 - 120,000; Full time

Job summary

A leading healthcare service provider is seeking a Senior Manager of Franchise Accounting to oversee all financial reporting for franchise operations. The candidate will manage a team and ensure compliance with GAAP while driving process improvements. Minimum 8 years of accounting experience is required, with a strong focus on franchise accounting. This position offers competitive compensation and a comprehensive benefits package, including medical and retirement plans. The role is remote.

Benefits

Competitive salary based on experience

Comprehensive benefits package

401(k) with company match

Generous PTO and paid holidays

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field required; CPA or MBA preferred.
• 8+ years of progressive experience in accounting, with 3–5 years in franchise accounting.
• Strong understanding of GAAP and healthcare-specific financial practices.

Responsibilities

• Oversee all franchise-related financial reporting for operations.
• Ensure compliance with GAAP and franchise-specific accounting standards.
• Drive process improvements in franchise accounting workflows.

Skills

Franchise accounting

Financial reporting

GAAP compliance

Leadership skills

Communication skills

Education

Bachelor’s degree in Accounting, Finance

Tools

ERP systems (e.g., Sage Intacct)

Job description

Position Summary

The Senior Manager of Franchise Accounting is responsible for managing the financial accounting and reporting for the company’s franchise operations. This includes overseeing financial transactions, ensuring compliance with accounting standards, and driving the accuracy of reporting for franchise-related revenues, royalties, fees, and costs. In this role, you will lead a team of accountants, collaborate with various departments (including Operations and Legal), and provide leadership in improving systems, controls, and processes within franchise accounting. The ideal candidate will have a strong background in accounting for franchises, particularly in the healthcare sector, and demonstrate the ability to drive strategic financial insights that support the growth of the organization.

Key Responsibilities

• Franchise Financial Reporting: Oversee all franchise-related financial reporting, including weekly, monthly, quarterly, and annual financial statements for franchise operations.
• Franchise Financial Reporting: Ensure accurate and timely recording of franchise fees, royalties, and other franchise-related income and expenses.
• Franchise Financial Reporting: Review and analyze franchise revenue streams, including performance-based incentives, royalties, and marketing fund contributions.
• Franchise Financial Reporting: Prepare financial reports and analysis for senior leadership, focusing on franchise profitability, trends, and financial performance.
• Accounting and Compliance: Ensure compliance with GAAP, franchise-specific accounting standards, and local regulatory requirements.
• Accounting and Compliance: Manage the accurate recognition of revenue related to franchise agreements, including initial franchise fees, ongoing royalties, and other contractual obligations.
• Accounting and Compliance: Implement and monitor internal controls to prevent errors or fraud related to franchise transactions.
• Franchisee Support and Communication: Serve as the primary financial liaison between the corporate finance office and franchisees.
• Franchisee Support and Communication: Provide guidance and support to franchisees on financial matters, including accounting policies, reporting requirements, and best practices.
• Franchisee Support and Communication: Review and approve franchisee financial reports, ensuring consistency and accuracy in reporting.
• Franchisee Support and Communication: Address and resolve any financial issues or disputes between corporate and franchisees.
• Leadership & Process Improvement: Drive process improvements in franchise accounting workflows, leveraging technology to streamline processes and reduce errors.
• Leadership & Process Improvement: Assist in the development of annual budgets and forecasts for the franchise division, collaborating with operations and other departments.
• Leadership & Process Improvement: Participate in system enhancements or upgrades to ensure franchise accounting processes remain efficient and compliant.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field required; CPA or MBA preferred.
• 8+ years of progressive experience in accounting, with at least 3–5 years in franchise accounting or a related field.
• Strong understanding of GAAP, franchise accounting standards, and healthcare-specific financial practices.
• Experience in a franchise environment, particularly within a healthcare or healthcare services company.
• Proficiency with ERP systems (e.g., Sage Intacct) and financial reporting tools.
• Strong leadership skills and experience managing and developing teams.
• Excellent communication, analytical, and problem-solving skills.

Preferred Attributes

• Experience with multi-location, multi-entity accounting and financial reporting.
• Familiarity with franchise agreements, royalties, and related contractual obligations.
• Knowledge of healthcare reimbursement models or managed care operations.
• CPA, CMA, or other professional certifications related to accounting or finance.

Compensation & Benefits

• Competitive salary based on experience
• Comprehensive benefits package, including medical, dental, vision, and life insurance
• 401(k) with company match
• Generous PTO and paid holidays
• This is a remote position.