Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. We are on a mission to acquire, build and grow great enterprise software businesses all over the world that have dominant positions in niche vertical markets. In recent years, Banyan was named the #1 fastest-growing private software company in the US on the Inc. 5000 and amongst the top 10 fastest-growing companies by the Deloitte Technology Fast 500. Founded in 2016 with a permanent capital base setup to preserve the legacy of founders, Banyan focuses on a buy and hold for life strategy for growing software companies that serve specialized vertical markets.
As a global company, flexibility to support our teams in various time zones is essential. To form meaningful connections, this role is listed as in office 5 days per week. Working from 2:00 pm - 10 pm PST.
Job Profile:
This is an exciting and entrepreneurial opportunity to join a fast-paced software consolidator with a very significant growth trajectory. The Senior Financial Analyst will report to the Finance Manager or designate. This role will focus on partnering with operating and finance colleagues to support small high-quality software businesses owned by Banyan Software. The position is ideal for an individual that has the interest and aptitude to be in involved all aspects of finance operations, including revenue recognition, accounts payables and expenses, cash management, financial reporting, and analysis, as well as systems.
This finance group also plays a “value added” role by leveraging financial and other data to drive shareholder value.
Job Responsibilities:
Team Leadership
- Mentorship of the Karachi team, including onboarding, goal setting, and an active role in ongoing performance management.Assist Financial Analyst (FA) and Junior Financial Analyst (JFA) in their daily tasks, streamlining processes within the team.
- Establish strong working relationships with the Finance Department of Sellers or Operating Companies (OpCo's).
Operational Accounting
- Execute the closing of accounts in accordance with US GAAP and furnish monthly closing reports to Finance Managers.
- Ensure reporting deadlines are met. Communicate with Controllership & Finance Managers on month-end close as needed, including updating closing tracker and ownership of internal project management tracking.
- Monthly review of balance sheet reconciliations.
- Ongoing review and improvement of Standard Operating Procedures.
- Provide supporting documentation for internal and external audits.
- Manage day-to-day accounting activities in compliance with organizational policies and procedures.
- Manage cash flow and provide forecast reporting.
FP&A and Internal Reporting
- Assist Finance Managers in budgeting, and forecasting, and internal reporting processes.
- Collaborate with various departments to gather pertinent information for budget analysis.
- Monitor budget performance, and identify variances between actuals and budgets and prepare budget to actual variance analysis on a monthly basis.
- Generate ad-hoc reports as requested by Finance Managers or management.
Integrations
- Assist Finance Managers and PK Integration Team in integrating new OpCo's.
- Support Finance Managers in preparing Purchase Price Allocation (PPA) and Net Tangible Assets (NTA).
- Develop, implement, and maintain Standard Operating Procedures.
Job Requirements:
- Minimum of 8 years of experience in a finance/accounting role
- University degree in business, accounting, or finance will be preferred.
- Accounting designation or working towards a designation preferred
- Solid working knowledge of accounting principles and practices
- Experience with NetSuite is an asset.
- Excellent attention to detail and ability to manage multiple priorities.
- Highly motivated and energetic with interest in entrepreneurship, software, and finance
Diversity, Equity, Inclusion & Equal Employment Opportunity at Banyan: Banyan affirms that inequality is detrimental to our Global Teams, associates, our Operating Companies, and the communities we serve. As a collective, our goal is to impact lasting change through our actions. Together, we unite for equality and equity. Banyan is committed to equal employment opportunities regardless of any protected characteristic, including race, color, genetic information, creed, national origin, religion, sex, affectional or sexual orientation, gender identity or expression, lawful alien status, ancestry, age, marital status, or protected veteran status and will not discriminate against anyone on the basis of a disability.
We support an inclusive workplace where associates excel based on personal merit, qualifications, experience, ability, and job performance.
