Fractional FP&A Manager _All Client Services Practices

Department: Diversified Team

Employment Type: Full Time

Location: Remote

Description

What does it mean to be a part of the Escalon team?

For nearly two decades Escalon has helped more than 5,000 companies across a range of industries to optimize their back-office processes. At Escalon, we deliver Essential Business Services to organizations so that owners and leaders can focus on the core of their business while Escalon takes care of the rest. We call it Escalon, And Done! Escalon’s simple and intuitive technology and outsourcing solutions significantly reduce the administrative costs and time needed to perform FinOps, PeopleOps, and Risk “back-office” services. “And done” is our simple way to describe how we deliver high-quality, exceptional service to our clients.

We’re looking for motivated and goal-driven team members who can do what it takes to make a company great. The reward is an exciting, flexible and creative environment with opportunities for professional and personal growth. As our name indicates, working at Escalon is taking the step on the ladder to long-term career growth and ultimately meeting your personal career goals.

If you share the Escalon values of free exchange of ideas, respect for differences and a keen focus on well-being we want to hear from you!

What You’ll Do:

The primary objective of the FP&A Manager role is to oversee the financial planning & analysis function for Escalon clients on a fractional basis. This is a leadership position that is proactive and solution oriented, offering depth of experience to our clients in the fast-paced world of start-up finance and accounting.

Day-to-Day Responsibilities also include:

Owning the finance function for your clients and help drive holistic strategy from a financial perspective

Build and own three-statement rolling forecasts; iterate as needed and hold performance accountable to budget and prior forecasts

Forecast cash flow accurately and anticipate financing needs well in advance

Build dashboards to track KPI’s, monitor channel and SKU performance, and other metrics as appropriate

Support financing processes (equity or debt) in whatever capacity needed

Serve as the second set of eyes for the controller/accounting team. Sanity check financials and identify possible bookkeeping mistakes

Primary responsibility and ownership for overall engagement level relationship with the client

Working with multiple client projects at one time in the startup and SMB space

What You'll Bring

Must Haves:

5+ years of strategic finance experience, including previous experience in credit analysis, private equity, investment banking, financial consulting, or a finance role at high-growth e-commerce/CPG, or Media & Entertainment company

Excellent three-statement financial modeling skills

Financial analysis acumen. Ability to evaluate financials from an investor’s perspective and make operational recommendations

Equal ability to support a senior finance executive (either the client or an Escalon CFO) or serve as the senior finance executive yourself

Strong knowledge of accounting (enough to spot possible mistakes)

Exceptional communication skills

Sophisticated depth of communication, analytical, and time management skills

Ability to be a trusted advisor to our clients

Maintain high attention to detail and strict deadlines
Comfortable in QuickBooks Online and Microsoft Office/Teams

Ability to multi task

Self starter, ability to work remotely and independently

Nice to Haves:

Deal experience—the ability to run an equity or debt process on behalf of founders, experience in owning either side of due diligence in a deal process

NetSuite and other accounting system software experience

Entrepreneurial or operational experience

Startup experience

Why You’ll Enjoy Working at Escalon:

We offer a variety of health benefits, all available on the first day of the month following employment with us, to keep you and your family feeling fit and well.

Medical, Dental and Vision options
Life and Disability
STD/LTD
10 Paid holidays each year
Flexible PTO
401K Retirement Plan
Incentive compensation

If you are hired at Escalon, your final base salary compensation will be determined based on several factors including, but not limited to, skill set, years of experience, and the employee’s geographic location. In addition to those factors – we believe in the importance of pay equity and consider the internal equity of our current team members as a part of any final offer.

Escalon is an equal opportunity/affirmative action employer.

More about us:

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.

About New Harbor Capital

New Harbor Capital is an experienced, lower middle-market private equity firm that seeks to partner with growth-minded, founder-owned companies. Based out of Chicago, New Harbor Capital is committed to optimizing the growth potential of its portfolio companies while respecting their long-term visions. The firm was founded on the belief that mutual respect and collaboration lead to successful outcomes. New Harbor recognizes the importance of finding the right partner, and the firm is committed to helping its portfolio companies and their leadership maximize both personal and financial goals.

As a strategic partner, New Harbor taps into decades of experience to guide businesses through challenging economic cycles and market conditions. New Harbor Capital has raised over $750M in capital across three funds and focuses on tech-enabled services, healthcare, and education services.

What You'll Bring

Why You’ll Enjoy Working at Escalon:

More about us:

About Escalon Services, Inc.