Controller F&A _ Mohali Office, India

Department:
Escalon Mohali Office

Location:
Escalon Mohali Office

Description
What You'll Do:
Opportunity for a Seasoned Controller to Shape Financial Strategy

Are you a financial leader passionate about multi-faceted challenges and a global impact? We are seeking a seasoned financial controller to join our dynamic team and lead the financial operations of our diverse and industry-specific clients, spanning across the US, Norway, and Israel. In this strategic role, you will play a key part in shaping our financial future and contributing to our continued growth.

Day-to-Day Responsibilities Also Include

• Oversee and manage financial expectations across all Escalon service lines.
• Implement and enforce robust internal controls to safeguard assets and ensure financial integrity.
• Drive efficient monthly closing and reporting processes, providing accurate and timely insights.
• Lead the financial management for our entities in the US, Norway, and Israel, fostering seamless collaboration across borders.
• Develop and execute sound financial strategies and plans that align with business objectives.
• Monitor financial performance, conduct audits, and liaise with internal/external stakeholders that include seasoned CEO/CFO/Founders/Auditors/Tax accountants.
• Ensure compliance with all legal and regulatory requirements, including filing financial reports and advising management.
• Finalize accounts monthly and annually for US subsidiaries, making necessary adjustments for cost and income variations including consolidated financial reports complied with US GAAP.
• Prepare comprehensive monthly and quarterly reports for management review, adhering to stringent US GAAP standards for consolidated financial statements.
• Balance financial assets and liabilities through meticulous journal entries aligned with US GAAP.
• Reconcile various source systems with the General Ledger, identifying and resolving discrepancies.
• Manage asset acquisition and capitalization processes.
• Respond to queries from the group team promptly and effectively.
• Work with highly competitive teams on multiple clients/projects.
• Establish strong relationships and collaborate closely with the In-country team on schedules, statements, and financial inquiries.

What You'll Bring
Must Haves:

• Minimum of 5 years of post-qualification experience in US accounting role. (preferred qualification is CA/CIMA/CMA/CPA/ACCA, CWA).
• Proven track record of success in managing financial operations for multi-site or international businesses.
• Expertise in US GAAP/IFRS accounting principles and practices.
• Core expertise in ASC 606, ASC 842, ASC 810, AS 840, ASC 350 & AS 718.
• Prior experience in early-stage and/or public companies is highly desirable.
• Strong leadership skills, including team motivation and organizational proficiency.
• Demonstrated ability to work effectively across multiple client sites and remotely.
• Excellent communication, interpersonal, and teamwork skills.
• Strong analytical and problem-solving abilities.
• Proven ability to influence impactful financial decisions at the organizational level.
• Subject matter expertise in all or one of the following industries:
• SAAS, Manufacturing, Consumer Retail, Life sciences, Professional Services, non for profit or ESG
• Experience working with C-level management and presenting to boards a significant advantage that includes CEO/CFO/VP of Finance.
• Exceptional time management skills and ability to prioritize tasks effectively.

Nice To Haves

• Experience with start-up organizations

More About Us
Escalon Services is a Business Process Management (BPM) company that provides Essential Business Services (EBS) through a tech-enabled platform to small- and medium-sized businesses (SMBs) and startups. The Company enables its clients to spend less time on "back office" functions and provides the value and insight that enables clients to spend more time focusing on delivering value and moving their businesses forward. With a US-based remote workforce and global delivery team in India, Escalon's solution fills a widening service gap in the SMB market, underpinned by (i) increasing demand for quality insights in an increasingly competitive marketplace (ii) decreasing supply of CPAs and quality in-house talent and (iii) the cost frictions associated with scaling internal back-office teams as businesses grow. For more information on Escalon: https://escalon.services/

Since founding, the company has executed both on an organic and M&A strategy to expand service offerings and drive revenue expansion opportunity through cross-sell/up-sell. Before partnering with New Harbor Capital in late 2022, Escalon completed two significant acquisitions which tripled the revenue of the company and expanded the FinOps capabilities of the platform. Continued corporate development is a key value driver for the business going forward, with a highly fragmented market of service providers, often individually unable to scale due to lack of technology-enablement and offshore capabilities.

In late 2022, New Harbor Capital made a growth equity investment in Escalon Services.

About New Harbor Capital
New Harbor Capital is an experienced, lower middle-market private equity firm that seeks to partner with growth-minded, founder-owned companies. Based out of Chicago, New Harbor Capital is committed to optimizing the growth potential of its portfolio companies while respecting their long-term visions. The firm was founded on the belief that mutual respect and collaboration lead to successful outcomes. New Harbor recognizes the importance of finding the right partner, and the firm is committed to helping its portfolio companies and their leadership maximize both personal and financial goals.

As a strategic partner, New Harbor taps into decades of experience to guide businesses through challenging economic cycles and market conditions. New Harbor Capital has raised over $750M in capital across three funds and focuses on tech-enabled services, healthcare, and education services.