Vice President, Finance and Accounting (Restaurant - Private Equity Backed)

Franklin Point Resources LLC; New York (NY); On-site; USD 240,000 - 275,000; Full time

Job summary

An established industry player in the hospitality sector is seeking a dynamic Vice President of Finance and Accounting. This pivotal role requires a strong leader to manage financial reporting, budgeting, and compliance while collaborating with executive leadership to drive profitability and operational excellence. The ideal candidate will possess over a decade of experience in finance leadership within the restaurant category, with a proven track record of enhancing financial controls and implementing best practices. Join a forward-thinking organization that values strategic financial management and offers significant opportunities for professional growth and equity participation.

Qualifications

• 10+ years in finance/accounting leadership roles, especially in the restaurant sector.
• Strong knowledge of US GAAP and experience with private equity-backed businesses.

Responsibilities

• Manage financial reporting, forecasting, and budgeting for the business.
• Oversee compliance with US GAAP and manage cash flow at corporate and unit levels.

Skills

Financial Reporting

Budgeting

US GAAP Compliance

Cash Flow Management

KPI Development

Communication Skills

Data Analysis

Leadership

Education

Bachelor's degree in Accounting or Finance

MBA and/or CPA designation

Tools

ERP Systems

Point-of-Sale Technologies

Job description

Vice President, Finance and Accounting (Restaurant - Private Equity Backed)

*Please note that this opportunity requires full-time, in-office presence in New York City. Relocation assistance for hired candidate will be considered.*

Our client, a leading private equity investor, has retained us to identify a Finance and Accounting leader for an existing portfolio company in the hospitality industry. The hired individual will be a member of the executive leadership team, responsible for creating and maintaining a robust culture of financial control and reporting. This critical role will partner with the Chief Executive Officer, Chief Operating Officer, private equity investor and relevant external parties to ensure profitability at both the corporate and store unit levels, driving value and achieving operational excellence in support of company objectives.

Primary Responsibilities:

• Manage financial reporting, forecasting, and budgeting functions for the business
• Oversee accounting and internal controls, ensuring adherence to US GAAP compliance
• Manage cash flow and liquidity at the corporate and unit levels
• Manage strong working relationships with lenders, external audit partners, technology partners and other third-party vendors
• Develop robust KPIs and dashboards for use at both the corporate and unit levels, using timely, accurate data to drive decision making
• Lead the review of relevant data in providing recommendations to enhance operational efficiency and profitability
• Collaborate with leadership on the modeling of “what if” scenarios
• Assess and recommend system/technology solutions for utilization within the accounting, finance, and reporting functions
• Supervision of Controller and related functions (payroll, accounts payable/receivable etc.)
• Support of the expansion of a brand through a franchise model preferred, to include: Financial modeling in support of stores; Franchise unit performance measurement; Partnering with Franchise Development to tailor appropriate fees, incentives and other unit level financial matters

Desired Requirements for Consideration:

• 10+ years of experience in a finance and accounting leadership role(s) within the restaurant category
• Extensive value creation/finance leadership experience supporting a restaurant business backed by private equity
• Strong US GAAP knowledge
• Knowledge of and ability to implement best in class accounting and finance policies, procedures and systems
• Knowledge of key finance performance metrics and a track record of introducing impactful KPIs to a restaurant business
• Ability to design, implement and communicate robust financial reports
• Experience assessing/implementing/utilizing ERP and point-of-sale technologies
• Ability to lead and flourish in a data-intensive environment, using data to drive key decision making across financial and operational functions; Relevant experience collaborating with operations, sales and marketing leadership
• Experience supporting the development of franchised locations
• Exceptional verbal and written communication skills
• Bachelor’s degree in Accounting or Finance
• MBA and/or CPA designation preferred

*This role requires full-time, in-office leadership presence.*

Compensation range, consisting of base salary and discretionary bonus, is expected to be in the $240K-$275K range and commensurate with desired experience. Additional equity participation opportunity is expected.

Please note that we are not able to respond individually to each submission but will contact those meeting the majority of desired experience criteria promptly.

Seniority level

• Director

Employment type

• Full-time

Job function

• Accounting/Auditing and Finance

Industries

• Hospitality, Restaurants, and Investment Management