[Remote] Vencora Portfolio Finance Director
Note: The job is a remote job and is open to candidates in USA. Vencora is a financial services technology company focused on unlocking potential in acquired businesses and their customers. They are seeking a seasoned Finance Director to oversee financial reporting for their portfolio and support strategic financial objectives, while integrating new businesses and leading the finance teams.ResponsibilitiesSupport the short and long-term strategic financial objectives of the Portfolio with financial information and operational insights, focusing on top down and Portfolio level initiatives, intervening where appropriateEnsure on time and accurate delivery of financial results to ParentCo and act as the main point of contact for the financial function at the PortfolioIntegration of new businesses and supporting with training and onboarding of new management and finance teams. This is a very key aspect of the role, and the expectation that this is very hands-onLead the Financial Reporting & Analysis function at the Portfolio level, accumulating and presenting business performance in an accurate and timely manner to internal and external stakeholdersHelp to co-ordinate both external and internal audit processesIdentify strong-performing businesses and gather operational insights which can be shared across the PortfolioIdentify systems and processes best practices and support the evaluation and implementationManage the material commercial contracting process, identifying and implementing improvements, creating a value-added and efficient workflowEstablish a high level of credibility with stakeholders, developing key relationships both internally and externallyLead the Quarterly Strategic Review process across the PortfolioMonitor acquisition performance against investment thesis ensuring key objectives are met, and formalizing reviews and accountabilities in the Portfolio (6 mth Post Acquisition Review, Full Post Acquisition Review, Investment Memo vs. actual results, IRR analysis, etc.)Ensure integration and Post Acquisition Review learning are integrated into the acquisition thinking through sharing, development of knowledge base, playbooks, etcProvide guidance on Portfolio level topics such as management fees, bonus methodologies, team structuresAd-hoc analysis and project work to support the transformation and scalability of the organization as requiredSkillsProven Finance Director or equivalent senior financial leadership experience in a complex, multi-entity, acquisitive organizationStrong background in M&A, capital allocation and transaction executionDeep technical expertise in accounting, financial reporting and internal controls (CPA, CA or equivalent strongly preferred)Experience in software, technology or asset-light businesses with recurring revenue modelsComfortable operating within a decentralized model while enforcing high standards of financial disciplineProven senior financial leadership experience in a complex, multi-entity, acquisitive organizationDeep technical expertise in accounting, reporting, and internal controls (CPA or equivalent strongly preferred)Possess the personality to gain the confidence of a broad range of key stakeholdersAbility to interpret data to improve business performance identifying trends and opportunitiesGood understanding of finance systems, processes, and managementStrong commercial knowledge, to drive efficiency in the business. Experience in commercial activities is a must (contract negotiations, dispute resolution, etc.)Good experience of leading people and driving performance improvementProven track record of audit successDomestic & International travel will be requiredCompany OverviewACT Innovations offers drug testing, lab, and court management services. It was founded in 1995, and is headquartered in Montgomery, Alabama, USA, with a workforce of 11-50 employees. Its website is https://actinnovations.com.