Fractional Controller - Media & Entertainment

October 23

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Escalon Services, LLC

WebsiteLinkedInAll Job Openings

Finance • Bookkeeping • HR • Accounting Services • Benefits

1001 - 5000

💰 Private Equity Round on 2022-10

Description

• As a fractional controller you could spend a few hours a month up to full time availably applying your technical and account management skill set across a variety of clients and industries. • The primary objective of the Fractional Controller within our Media and Entertainment Practice is to oversee enterprise accounting and provide financial information about client company’s activities that will assist the client and its shareholders in making economic company decisions. • This position is proactive and solution oriented, offering depth of experience to our clients in the fast-paced world of start-up accounting. • This role reports to the Media and Entertainment (M&E) practice leader. • Primary responsibility and ownership for overall engagement level relationship with the client. • Oversee the activities of the accounting department for with an emphasis on M&E-specific clients - accurate and timely dissemination of financial management reporting including, but not limited to, internal and external monthly financial statements. • Oversee compliance with GAAP and relevant regulatory requirements, including the capitalization and amortization of costs, if and when appropriate. • Create and nurture partnerships across functional roles within our organization including our offshore team located in India. • Review and approve client compliance schedule. • Review and oversee client onboarding process to ensure company meets and exceeds client expectations. • Review and approve client accounting policies and procedures, including: Accounting/ERP system selection/implementation, Setup Cash Flow, Capitalization Policy, Prepaid Expense Policy, New Initiatives. • Develop and mentor finance and accounting team members. • Identify opportunities for Up-Sell/Cross-Sell and collaborate with Business Development Team Members. • Managing of finance relationships with Vendors, Banks, Corporate Credit Cards, and Merchant Processors. • Overseeing tax return process, facilitating requests from our tax team. • Audit (if required) including: Managing audit process and facilitating requests from audit firm.

Requirements

• Bachelor's Degree in Accounting or Finance required • 7+ years of combined Finance and Accounting experience in a fast-paced environment • 5+ years of media and entertainment experience • Exceptional leadership and team management skills, preferably globally focused leveraging an offshore team • Sophisticated depth of communication, analytical, and time management skills • Ability to be a trusted advisor to our clients • Ability to multi-task efficiently from a remote work environment • Maintain high attention to detail and strict deadlines • Advanced knowledge of QuickBooks Online, NetSuite and Microsoft suite, especially Excel • CPA and/or Master’s Degree preferred • 2+ years of start-up experience

Benefits

• Escalon Services is a Business Process Management (BPM) company that provides Essential Business Services (EBS) through a tech-enabled platform to small- and medium-sized businesses (SMBs) and startups. • The Company enables its clients to spend less time on "back office" functions and provides the value and insight that enables clients to spend more time focusing on delivering value and moving their businesses forward. • With a US-based remote workforce and global delivery team in India, Escalon’s solution fills a widening service gap in the SMB market, underpinned by (i) increasing demand for quality insights in an increasingly competitive marketplace (ii) decreasing supply of CPAs and quality in-house talent and (iii) the cost frictions associated with scaling internal back-office teams as businesses grow. • For more information on Escalon: https://escalon.services/ • Since founding, the company has executed both on an organic and M&A strategy to expand service offerings and drive revenue expansion opportunity through cross-sell/up-sell. • Before partnering with New Harbor Capital in late 2022, Escalon completed two significant acquisitions which tripled the revenue of the company and expanded the FinOps capabilities of the platform. • Continued corporate development is a key value driver for the business going forward, with a highly fragmented market of service providers, often individually unable to scale due to lack of technology-enablement and offshore capabilities. • In late 2022, New Harbor Capital made a growth equity investment in Escalon Services.