Controller

Aligned Equity Holdings (Aligned) – an investment holding company, was formed by Building Industry Partners (BIP) in July 2021.  Aligned is BIP’s exclusive go-forward investment vehicle for opportunistic private equity investment in the US building industry.

Aligned’s holding company structure enables an opportunistic investment focus on the lower middle market without the timing constraints of a committed capital fund while gaining benefits of scale, including a more diversified combined business, a more favorable cost of capital, and ultimately a more strategically capable evergreen company. Aligned has a particular focus on family-owned businesses in the lower middle-market, where it continues to find compelling proprietary investment opportunities and can leverage a buy-and-build acquisition strategy to drive equity value creation. Since it’s July ’21 inception, Aligned has launched four platform companies (two distribution, one manufacturing, and one install and services) with combined revenues in excess of $250m.

Aligned’s ambition is to be a middle-market, sector-focused “Baby Berkshire," generating world-class PE investment returns (>30% gross IRR) through launching and scaling up to 8 manufacturing, distribution, and services/installation platform companies in the building products and construction services sectors over the next five years.

Aligned is seeking a talented Corporate Controller. This role will focus on scaling and driving the control function for Aligned and partner with the Controller/Finance leads within the portfolio companies. This is an excellent opportunity to join a purpose driven, investment holding company, and be part of an exciting journey to grow the current portfolio and drive equity value.

Reporting to: CIO and Head of M&A, Aligned Equity Holdings

Key Responsibilities:

• Work alongside the various Platform finance teams to deliver accurate and consolidated financial statements for Aligned, ensuring compliance with relevant rules and regulations.
• Assist in the creation of holding company and overall consolidated budgets and forecast for Aligned (P&L, Cash Flow, Working Capital).
• Manage cash flows including daily treasury management and borrowing base reporting.
• Help set and manage the annual corporate budget for Aligned and oversee budgeting process for Aligned’s subsidiaries.
• Establish and continually improve the financial reporting and accounting systems for Aligned. This includes ensuring Aligned’s systems provide Aligned’s leadership with effective and efficient insight into portfolio company performance.
• Support the preparation of management reporting (and MD&A) for stakeholders including the Aligned leadership and wider Board. Comfortable in identifying and proposing process and financial performance improvements (P&L, Cash Flow).
• Provide technical accounting advice and coaching/support to the wider finance teams at Aligned and the Platform companies.
• Manage insurance (P&C and employee facing) in conjunction with other senior leadership.
• Support M&A activities as required including relevant due diligence and post-merger integration accounting activities.
• Support 100-day plan post acquisition initiatives related to finance, accounting, information technology and insurance.
• Support drafting of all investor communications
• Manage the 3rd party audit and tax service companies deployed across portfolio companies (including development of tax strategies as required).
• Support the investment team’s analysis of capital structure.
• Oversee the work of the treasury accountant and ensure delivery of accurate reporting to relationship banks and the Company’s Asset Based Lending Line of Credit.
• Liaise with external auditors and other specialist providers (e.g. year-end tax).

Our Ideal Candidate:

• Minimum of 8-10 years’ experience in controlling or similar roles.
• Prior experience in a public accounting firm required.
• Solid understanding of accounting principles (CPA required).
• Bachelor’s degree in finance/accounting (or related discipline).
• High level of attention to detail with a high level of accuracy.
• Self-motivated and curious individual with effective organizational skills.
• Self-starter, with the ability to work independently and as a team member.
• Proficiency with Microsoft Excel and accounting packages.
• Experience working in a leveraged private equity backed environment (preferred but not required).
• Experience working in a high growth environment, particularly with focus on M&A.