Vice President of Accounting and Finance

Verge Mobile is one of the fastest growing T-Mobile Premium Partners in the nation. Through T-Mobile’s products and services, Verge Mobile’s retail stores have the advantage of being one of the few places that truly help consumers stay connected with those that matter most to them. We provide a fun, educational environment, with the same customer service tools you will find in a corporate owned retail store location. We Value Our Customers. We Value Our Employees. We Understand Service.

Job Summary: Vice President of Accounting and Finance

Verge Mobile is seeking successful candidates with a background working for a multi-state retail, restaurant, or hospitality organization and has experience establishing a winning culture, gathering, and evaluating financial information and making actionable recommendations to senior leadership. If you are presently working in a Director capacity and ready for your next career move, you may be an ideal candidate for our role.  If you possess a collaborative style of communicating with all support staff and peers, and can function as a strategic business partner, while working in a very hands on organization, our Vice President of Accounting and Finance role would be a great opportunity for you.

Strategy, Planning and Management

• Act as Vice President of Accounting and Finance and strategic business partner to senior executive leadership team.
• Assess and evaluate financial performance of organization with regard to long-term operational goals, budgets and forecasts.
• Provide insight and recommendations to both short-term and long-term growth plan of organization.
• Identify, acquire and implement systems and software to provide critical financial and operational information, as needed.
• Evaluate departments and make suggestions for automating processes and increasing working efficiency.
• Communicate, engage and interact with Board of Directors, CEO, COO and Executive Leadership Team.
• Create and establish yearly financial objectives that align with the company’s plan for growth and expansion.
• Select and engage consultants, auditors and investors.
• Recruit, interview and hire finance, accounting and payroll staff as required.
• Serve with peer leaders on executive leadership team and round table discussion panels.
• Participate in pivotal decisions as they relate to strategic initiatives and operational models.
• Interact with and bring department into line with Board of Directors’ plans, initiatives and recommendations.
• Implement policies, procedures and processes as deemed appropriate by senior leadership team.

Financial Analysis, Budgeting and Forecasting

• Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division and weekly cash flow by division.
• Review and analyze monthly financial results and provide recommendations.
• Identify, develop and execute analysis of business initiatives, product launches and/or new service offerings.
• Develop and maintain monthly operating budget and annual company operating budget.
• Manage financial planning and analysis department. Supervise creation of reports, software implementation and tools for budgeting and forecasting.
• Participate in weekly conference calls with Lenders, Vendors and Executive Leadership Team.

Accounting, General Ledger, Administration and Operations

• Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software. Provide regular maintenance and backup of all accounting systems and supervise company financial staff.
• Review and ensure application of appropriate internal controls, compliance, and financial procedures.
• Ensure timeliness and accuracy of financial and management reporting data for investors and company’s board of directors.
• Oversee the preparation and communication of weekly, monthly and annual financial statements.
• Oversee the preparation and timely filing of all local, state and federal tax returns.
• Ensure compliance regarding all financial functions.
• Work with Human Resources to ensure appropriate legal compliance.
• Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.
• Oversee preparation of monthly, quarterly and annual financial statements.
• Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.
• Enhance and implement financial and accounting systems, processes, tools and control systems
• Hire, develop and manage accounting directors, managers and staff.
• Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.
• Coordinate and strategize methods used to attain team goals with Executive Vice President of Sales.

Financial Management

• Manage cash flow planning process and ensure funds availability.
• Oversee cash, investments and asset management area.
• Explore new investment opportunities and provide recommendations on potential returns and risks.
• Maintain outstanding banking relationships and strategic alliances with vendors and business partners.
• Utilize forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budgets.

Financial Relations and Policies

• Engage board of directors to develop short term and long term plans, projections and budgets.
• Represent company to banks, financial partners, investors, auditors and officials.
• Remain current on audit best practices as well as state, federal and local laws regarding company operations.

Finance and Accounting Team Management

• Mentor and develop a team, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic.

Cash Management

• Oversee weekly payroll processing for 1,000 plus employees, in both weekly and bi-weekly payroll processes.
• Oversee cash management and AP Department, approve large payables, sign checks, authorize large wires and ACHs.
• Supervise Accounts Receivable management and provide guidance relating to the collection process.

Vice President of Accounting and Finance – Position Requirements

• Bachelor's degree in accounting or finance
• CPA Required
• MBA from top 10 business school preferred
• Prior Manager level or above experience in accounting in the retail, restaurant, hospitality business
• Background in Big 4 Public Accounting
• 5 years minimum experience as a CFO in a medium-sized organization.
• 15+ years total accounting or finance experience
• Outstanding knowledge and understanding of GAAP as well as FAASB pronouncements and interpretations.
• Background coordinating with I.T. staff to manage and/or upgrade accounting system. Systems implementation experience strongly preferred.
• “Hands On” ERP Systems Experience – SAP, JD Edwards or PeopleSoft experience preferred
• "Hands On" experience with direct oversight of all aspects of payroll services in a multi-state environment, utilizing ADP, Paycom, etc.
• Outstanding communication and presentation skills.
• Demonstrated leadership ability, confidence and executive presence – ability to motivate staff.
• Excellent analytical, reasoning and problem-solving skills
• Significant experience working with external auditors, internal controls and compliance-related issues.