Manager of Collections & Liquidity Planning

Roles And Responsibilities:

The Manager of Collections & Liquidity Planning will be responsible for providing direction to the company’s collections, accounting, finance and other support functions and will assist the Controller and senior management team in providing and evaluating ways to improve the business and increase cash flow. The Manager of Collections & Liquidity Planning will be expected to be an effective business partner and trusted advisor to the Controller and senior management team to help drive process efficiencies.

The successful candidate will have the ability to function in a fast paced, high-energy environment in support of all markets while supervising the Collections Team. More specifically, the Manager of Collections & Liquidity Planning will be tasked with the following:

• Cash & Working Capital Management. Supporting the management of working capital, including monitoring cash balances, improving and implementing policies to reduce working capital, and improve cash forecasting accuracy.
• Team Building The role will be accountable for continuing to formalize and building out Billing, Accounts Payable and General Ledger functions under a shared service, centralized model.
• Execution & Process. The role will structure, optimize, and manage the financial operations, as well as identify and capitalize on opportunities for growth. The optimal candidate will build and execute on processes to improve billing, cash applications and distributions to franchisees. They will drive strategies for streamlining and automating accounts receivable, accounts payable, invoicing, monthly franchisee payment distributions, account reconciliations and more.
• Budgeting & Forecasting. Assist in monthly, quarterly, and annual planning for all business segments and helping the Controller and CFO and achieve long-term financial goals that align with the strategy of the business.
• Tax, Treasury & Risk Management. Cash and debt management treasury responsibilities, cash flow and liquidity forecasting, tax compliance, and reporting. Additional responsibilities including risk management and insurance.
• Other Duties. The role will manage the annual audit and all tax matters and be a key lead in the ERP Implementation for new acquisitions.

Qualifications & Experience:

The ideal candidate will be a hard-working, take-charge person with excellent judgment.  The successful Manager of Collections & Liquidity Planning candidate will have a track record of optimizing team performance and is committed to driving the company’s overall financial results. More specifically, the new Manager of Collections & Liquidity Planning will require the following qualifications and experience:

• Financial Experience. The successful candidate will have accounting, AR, and/or Collections experience for a services or manufacturing business of at least $75 million is strongly preferred.
• Functional Expertise. This individual should possess strengths in accounting and financial controls, financial planning and analysis, budgeting and forecasting, tax and treasury, development of KPIs, risk management, working capital management and banking relations. A deep understanding of GAAP accounting principles, analytical and problem-solving skills, and written and verbal communication skills are imperative.
• Private Equity Experience. Previous private equity experience is preferred.
• Merger & Acquisition Experience. M&A experience will be viewed favorably. 
• Relevant Industry Experience. It is preferred, but not required, that the Manager of Collections & Liquidity Planning have experience within B2B services.  Previous experience across facilities services, commercial cleaning, franchising and/or manufacturing is preferential. 
• Team Building and Leadership. Ability to both lead and support team goals and develop exceptional financial talent and build high performance teams. Must be a hands-on leader who is adaptable in a startup environment with demonstrated leadership and motivational capabilities. The ideal candidate will be a self-starter who has a track record of operational excellence at a fast-growing business.
• Systems Experience. Jan Pro utilizes QuickBooks, Sage Intacct, ZenDesk, and other CRM tools. Experience with these or like systems is a plus. Proficient at Excel and PowerPoint. The right candidate will be tech savvy and a quick learner.
• Franchise Experience. While not mandatory, experience in overseeing multiple franchises will be favorably viewed.
• 5 + years experience leading an Accounting and/or Collections Team.
• Education. Undergraduate degree is required, with a preference for a BS / BA in accounting, finance, or a related field. A CPA is strongly preferred.

Leadership & Management Behavioral Competencies:

The Manager of Collections & Liquidity Planning will be a dynamic problem-solver with a passion for playing a key role in an environment that promotes continuous improvement while always maintaining impeccable integrity.  The Manager of Collections & Liquidity Planning will be a hands-on leader capable of mentoring the collections team to improve existing processes and internal controls within the organization. More specifically, the Manager of Collections & Liquidity Planning will have the following competencies:

• Collaborative Leadership Skills. Must have the ability to quickly assimilate into the culture of the company and work effectively as a business partner with the entire senior management team, especially the Controller. Must be collaborative and hands-on; encourages cross-functional cooperation and builds strong working relationships between the finance, operations and Sales teams. Must be forward thinking and open and receptive to new ideas. S/he is someone who thrives in an environment of continuous improvement.
• Entrepreneurial Leadership. A growth-oriented leader who is adaptable to strategize about what the business needs at any given moment will be most successful. They will approach the finances with an “owner” mindset to ensure fiscal responsibility while offering perspective on opportunities for growth.
• Strong Business Acumen. The candidate must understand the levers on both the operational (strong detail orientation) and customer / commercial side of the business. S/he must have a track record of having outstanding and effective relationships with business leaders across the enterprise with strong credibility both internally and externally.
• Excellent Communication Skills. Excellent oral and written communication skills, the ideal candidate will possess the ability to present his/her ideas in a clear, concise and compelling fashion to the Controller, CFO, CEO and lenders with exceptional command of facts and emotional IQ.

LOCATION: This is an on-site role with expectations to work out of our Marietta, GA office 5 days per week. 

 

Company Background

RBJK Marketing LLC has 6 Jan Pro offices within the continental USA along with numerous franchises including a newly established Striping and Sealcoat franchise under the Appell brand. The Rush family opened Jan Pro of Atlanta on September 4, 2001 and it was their goal in opening Jan Pro of Atlanta to provide unrivaled commercial cleaning franchise opportunities. The company offers services including auto-dealership cleaning, bank cleaning, hotel cleaning, restaurant cleaning and retail cleaning, thereby providing complete cleaning solutions to its clients.

For more information, visit Company Website

Investor Background

Founded in 2009, Boathouse Capital is a private equity firm based in Wayne, Pennsylvania. The firm specializes in growth capital financing, minority recapitalizations, independent sponsor buyouts, strategic acquisitions, and management buyouts. The firm seeks to invest capital in the form of debt and equity into high-growth middle-market companies including SaaS/software, technology-enabled services, and healthcare IT/services companies. To date, Boathouse Capital has $350 million of capital under management, and typically invest $5 million to $30 million of flexible each investment, serving the lower middle market.

For more information, visit Investor Website

  WHO WE ARE:

Empower Brands was founded in 2022 as a product of the integration of Lynx Franchising and Outdoor Living Brands. Empower encompasses ten industry-leading brands across commercial and residential services: JAN-PRO, FRSTeam, Archadeck Outdoor Living, Outdoor Lighting Perspectives (OLP), Conserva Irrigation, Koala Insulation, Wallaby Windows, Superior Fence and Rail, Bumble Roofing and Canopy Lawn Care. Empower is dedicated to providing its customers with the highest quality products and services in the commercial and home services industry while simultaneously delivering its franchise owners committed 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 the company’s new website at 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.