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Director, Accounting

Director, Accounting

American Water Resources LLCNaperville, IL, US
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Job Description

Job Description

Who we Are

Oncourse Home Solutions (OHS) is a people-centric, $500M organization that is owned by private equity firm, Apax Partners operating under the brands American Water Resources, Pivotal Home Solutions and American Home Solutions. We do what is right for our people so they can do their best when serving our 1.8+ million customers across the U.S. Our mission is to create lasting value for our customers and our partners by helping homeowners navigate the unexpected, reduce costs, and make homeownership enjoyable for all. Our vision is to make our products and services accessible to our customers and our partners by becoming the most trusted and reliable home solutions organization in the market. We are committed to fostering an environment that embraces diversity in all forms, where our employees, customers and partners feel valued, respected, and supported.

As a US-based warranty provider, we provide expertise in safety and homecare to our customers. Our integrated solutions meet customer needs both inside and outside the home. Inside the home we protect critical aspects of home function such as plumbing, heating and cooling, appliances, power surges, hot water heater, and interior electrical. Outside the home we provide protection for critical lines (water, gas, wells, sewers, electric and septic). We primarily go to market B2B2C, partnering mostly with water / gas / electric utilities and municipalities to offer our product leveraging their brand for marketing and often adding our subscription fee to the water / gas / electric bill itself. When our customers need help with home maintenance, repair, or coverage, OHS is there. This is what it means to be an ‘Oncourse SUPER’—Successful, United, Progressive, Empathetic, Reliable. SUPERs get it done. We sweat homeownership so our customers and partners don’t have to.

As an equal opportunity employer, our employment decisions are based on business needs, job requirements and individual qualifications without regard to race, color, religion, age, sex (including pregnancy), sexual orientation, gender identity, national origin, ancestry, marital status, parental status, mental or physical disability, military or veteran status, or any other basis protected by federal, state, or local law. Oncourse Home Solutions is committed to recruiting and retaining talented applicants and to providing all employees with a workplace free from discrimination and / or harassment.

Position Summary

The Director, Accounting holds a key accounting role for OHS as this position leads the monthly accounting close process, manages an accounting staff of 8 professionals, prepares monthly financial statements, and leads the year-end audit process. This is an extremely important function for OHS as this role is instrumental in preparing financial statements for senior management, board of directors, and external lending institutions.

This role will be based in our Naperville IL office. Our office environment is a key driver of our company culture and employee experience, so a regular in-office hybrid model (generally T-TH in office and M & F remote) is required.

Responsibilities include but are not limited to :

  • Oversee all accounting operations, including journal entries, payroll, commissions, accounts payable, accounts receivable, revenue recognition, statutory reporting, banking, and daily operations.
  • Prepare and review monthly financial statements.
  • Lead monthly accounting close process; Maintain and enforce a monthly close calendar, meeting all deadlines for reconciliations, reporting, and financial analysis.
  • Ensure the maintenance of financial records and accounting systems to ensure compliance with all regulations, generally accepted accounting practices and contractual requirements.
  • Prepare technical research memos for accounting issues.
  • Lead and manage all external audit processes.
  • Maintain stock compensation calculations.
  • Prepare and review numerous balance sheet analyses.
  • Review numerous tasks of accounting staff for accuracy and completion.
  • Prepare lender financials / ratio calculations.

We're Excited if this is You!

Experience and Qualifications of the Role :

  • 6+ years of progressive experience in accounting roles with increasing scope and responsibilities.
  • 6+ years of financial reporting preparation and coordinating year-end external audits.
  • 6+ years of direct people management experience with a track record of consistently. recognizing and rewarding excellent performance and addressing performance issues head-on, without delay.
  • Public accounting experience and accounting experience in PE owned companies.
  • Solid experience in preparing management / Board level reports / analyses.
  • Strong background in US GAAP.
  • Accounting experience in companies with revenues exceeding $500M.
  • Experience in both analyzing and implementing effective internal controls.
  • Diversity in utilizing accounting related software and ERP systems.
  • Acquisition accounting experience is preferred.
  • Ability to conduct accounting research and prepare technical accounting memos.
  • Strong leadership skills.
  • Outstanding written and verbal communication skills.

    • We offer a compelling total rewards package that includes a competitive base salary and comprehensive benefits to support your total wellbeing.  The base pay range for this position is $140,000 - $195,000 USD Annual. The specific pay offered will depend on qualifications, experience, education and skill set. The compensation offered may also include an annual performance-based bonus, sales incentive plan or commission target.

    Our benefits include, but are not limited to, healthcare, life insurance, paid time off, retirement, commuter benefits, and education reimbursement. Exact compensation may vary based on skills, experience, and location.

    Join our SUPER Team and Enjoy Amazing Benefits!

  • Competitive Compensation : We value your hard work and are proud of our competitive pay for performance philosophy.
  • Comprehensive Health Coverage : Medical, dental, and vision insurance options, plus paid short-term and long-term disability coverage.
  • 401(k) Plan with 4% Company Match : Secure your future with our robust retirement plan.
  • Generous Paid Time Off : Take the time you need to recharge and relax.
  • Education Assistance Program : Invest in your growth and development with our support.
  • FSA / HSA Options : Flexible spending and health savings accounts to manage your transportation and dependent care expenses.
  • Employee Wellness : Access to EAP, health, legal, and financial resources to support your overall well-being.
  • Vibrant Company Culture : Monthly Townhalls, employee recognition programs, and Employee Business Resource Groups (EBRGs) to keep you engaged and connected.

    • Education

    Bachelor’s degree in accounting or relevant experience required

    Certificates, Licenses, Registrations

    CPA certification required

    Action Oriented : Enjoys working hard; is action oriented and full of energy for the things that he / she sees as challenging; not fearful of acting with a minimum of planning; seizes more opportunities than others.

    Building Effective teams : Blends people into teams when needed; creates strong morale and spirit in his / her team; shares wins and successes; fosters open dialogue; lets people finish and be responsible for their work; defines success in terms of the whole team; creates a feeling of belonging in the team,

    Ethics & Values : Adheres to an appropriate (for the setting) and effective set of core values and beliefs during both good and bad times; acts in line with those values; rewards the right values and disapproves of others; practices what he / she preaches.

    Functional / Technical skills : Has the functional and technical knowledge and skills to do the job at a high level of accomplishment.

    Listening : Practices attentive and active listening; has the patience to hear people out; can accurately restate the opinions of others even when he / she disagrees.

    Managerial Courage : Doesn't hold back anything that needs to be said; provides current, direct, complete, and "actionable" positive and corrective feedback to others; lets people know where they stand; faces up to people problems on any person or situation (not including direct reports) quickly and directly; is not afraid to take negative action when necessary.

    Time Management : Uses his / her time effectively and efficiently; values time; concentrates his / her efforts on the more important priorities; gets more done in less time than others; can attend to a broader range of activities.

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    Director Accounting • Naperville, IL, US