Divisional Controller

The posting, as Empower Brands wrote it

Divisional Controller

Empower Brands - Residential Division

Reports to

Chief Financial Officer

Location

Glen Allen, VA / Richmond area; hybrid or remote considered

Status

Full-time, exempt

Team leadership

9 accountants; 15 total team members across the department

The Opportunity

The Residential Division brings together nine franchising brands, two company-owned markets and fourteen shared service departments. The Divisional Controller is the senior accounting leader responsible for creating one reliable, well-controlled view of performance across this multi-entity platform while preserving the entity-level accuracy required by management, auditors, lenders, and other stakeholders.

This is a hands-on leadership role with end-to-end accountability. The Divisional Controller owns franchisor accounting, the company-owned market books, shared service and holding-company entities, Accounts Receivable, Accounts Payable, the general ledger, close, reconciliations, consolidation, financial reporting, controls, and external audit coordination. The role reports directly to the CFO and partners closely with FP&A / Financial Reporting to consolidate the Residential Division into a single reported result.

Scope of Responsibility

Area

Scope

Brands

FRSTeam; Archadeck Outdoor Living; Conserva Irrigation; Koala Insulation; Wallaby Windows; Outdoor Lighting Perspectives; Superior Fence & Rail; Bumble Roofing; and the Residential platform brand portfolio.

Operating scope

Nine franchising brands, two company-owned markets, fourteen shared service departments, and related holding-company entities.

Functional ownership

AR, AP, GL, close, reconciliations, consolidation, entity and divisional reporting, external audit support, accounting policy, and internal controls.

Team

Leads 9 accountants and provides leadership across a 15-person Residential accounting department, including oversight of the AR and AP function.

Key partners

CFO, FP&A / Financial Reporting, Treasury, Tax, Legal, brand and operating leaders, corporate accounting, systems teams, and external auditors.

Key Responsibilities

End-to-end accounting and close

• Own the complete accounting cycle for all Residential franchisor entities, the two company-owned markets, the fourteen shared-service departments and related holding-company entities.
• Establish and manage one disciplined month-end, quarter-end, and year-end close calendar; assign ownership, monitor task-level deadlines, review journal entries and deliver accurate results on schedule.
• Ensure every balance sheet account is reconciled monthly with documented support, aging, a named owner, and timely resolution of reconciling items.
• Maintain common accounting policies, chart-of-accounts discipline, journal-entry standards, and accrual practices across the Division.

Franchisor, company-owned and shared-services accounting

• Own accounting for franchisor revenue streams under applicable US GAAP, including royalties

[…]
personal support, tools and empowerment to pursue their own success. Empower Brands is a portfolio company of MidOcean Partners, a leading private equity firm with an excellent track record investing in successful, growth-focused franchise businesses. For more about Empower Brands, visit EmpowerFranchising.com .

Note

This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will possess the skills, aptitudes, and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. The requirements listed in this document are the minimum levels of knowledge, skills, or abilities. This document does not create an employment contract, implied or otherwise, other than an “at will” relationship.

Empower Brands is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.

This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. Empower Brands makes hiring decisions based solely on qualifications, merit, and business needs at the time.