The Financial Analyst performs financial leadership duties as a strong communicator and skilled financial and operational analyst focused on producing insightful analysis and reporting and leading company accounts receivable collections efforts. The Financial Analyst produces thorough financial and operational reports for senior managers to help improve our operational efficiency and aid in our continued growth. The Financial Analyst also contributes to the annual budgeting process. The Financial Analyst also drives reduction of outstanding Accounts Receivable through effective deployment of employee resources and processes, as well as leads timely and impactful financial/accounting franchisee support.
Accountabilities of the Financial Analyst
Provide comprehensive financial and operational reports and analysis to senior managers including appropriate data-based insights and conclusions
Drive reduction in company’s outstanding Accounts Receivable by developing processes and reporting to identify problematic franchisees and develop plans to mitigate/reduce all balances
Build new Franchisee Support capability by identifying areas of franchisee need for financial/accounting support and building processes to address those needs
Help develop analysis and support for short- and long-term operational strategies
Primary Responsibilities
Oversee weekly, biweekly and monthly financial and operational reporting, including brand scorecards, Operating Framework reporting, and system revenue analysis
Oversee recurring billing (royalties); ensuring accurate calculations and timely delivery to franchisees
Lead Best Life Brands A/R collections efforts (AR Governance), including managing resources, developing strategies and utilizing external resources to reduce Best Life Brands accounts receivable balances to company targeted levels
Lead annual FDD financial and operational reporting
Build new Franchisee Support capability by identifying areas of franchisee need for financial/accounting support, building processes to address those needs, and serving as primary Finance liaison to all franchisee-utilized software solutions
Work closely in the annual budgeting process and drive completion of key inputs and sections
Contribute to preparation of financial forecasts
Participate in integration taskforces for potential acquisitions, as needed
Respond to or ensure responses are provided to franchisees with all financial-related questions
Support leaders of brands with financial and operational analysis as needed
Coordinate with the leaders of franchise brands and departments to ensure company objectives are met
Knowledge and Skill Requirements
Bachelor’s Degree in Finance, Accounting or Business with strong Accounting experience
Experience working with monthly and annual recurring revenues
Strong experience with Sage Intacct or similar accounting solution
Strong experience with QuickBooks Online or similar accounting solution
Strong knowledge of finance, accounting, budgeting, and data analytics
Advanced understanding of MS Excel
Ability to analyze financial data and prepare financial reports, statements and projections
Working knowledge of budgeting and forecasting, rolling budgets, and product-line profitability analysis.
Energetic, problem-solving multitasker
Strong sense of urgency and accountability
Ability to produce quality materials within tight timeframes and simultaneously manage several projects
About Us:
Based in Troy, Michigan, Best Life Brands, LLC is a holding company that includes ComForCare and At Your Side, premier franchised providers of home care; CarePatrol, the nation's largest franchised senior placement organization; Blue Moon Estate Sales, the leading estate sale franchise in the U.S., and Boost Home Health Care, dedicated to providing superior in-home nursing, therapy, and home care services, which together include more than 500 franchise locations across the U.S. and Canada. With a private equity investment from The Riverside Company, Best Life Brands is a platform of award-winning complementary businesses that serve people along the continuum of care.
What We Offer:
Remote First Company
Collaborative Culture
Generous Paid Time Off
Volunteer Time Off
Paid Parental Leave Policy
401K Matching
Medical, Dental, Vision
FSA & HSA Options
Mental Health Benefits
Professional Development Opportunities
Compensation Range: $75,000 - $85,000 Annually
Seniority level
Associate
Employment type
Full-time
Job function
Finance, Accounting/Auditing, and Administrative
Industries
Hospitals and Health Care
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