Accounting Manager

Job Title: Accounting Manager 

Location: Waltham, MA 

Job Description: 

Cobalt Service Partners is seeking an experienced Accounting Manager/Controller to lead the financial operations at a recently acquired PartnerCo. This is a unique opportunity to step into a dynamic environment where you'll play a pivotal role in integrating financial systems, establishing best practices, and building a high-performing accounting team from day one. The ideal candidate will be responsible for managing the financial operations of the company, ensuring compliance with GAAP, and optimizing cash flow. This role requires a strong understanding of complex ERPs, financial processes, and the ability to communicate financial concepts to non-finance employees, and will report directly to the COO while maintaining a close working relationship with the CEO. 

Key Responsibilities: 

• Complete a monthly financial close within five business days, ensuring GAAP compliance for monthly, quarterly, and annual financial statements, and managing thorough reconciliations of key balance sheet accounts. 
• Lead efforts in cash flow management, achieving a variance of +/- 5%, meeting Cash Sweep targets, and optimizing net working capital, billing accuracy, and cost control. 
• Implement a strong internal culture of controls and compliance, guaranteeing 100% tax compliance, supporting external audits, and ensuring seamless accounts receivable (AR) and accounts payable (AP) processes, while supervising a team of three direct reports. 
• Support budget preparation and variance analysis for the CEO and Regional Controller, including managing project-level job costing, inventory controls, and annual reforecasts for industries like construction, field services, or systems integration. 
• Oversee the implementation and maintenance of accounting tools like ServiceTitan, Sage, or Innova, streamlining payroll and billing processes, and enhancing financial process efficiency within B2B field services. 

Competencies: 

• Timely and accurate financial reporting. 
• Cash flow optimization. 
• Strong controls and compliance management. 
• Budgeting and forecasting support. 

Experience: 

• 7+ years in general ledger accounting. 
• Hands-on experience with complex ERPs such as Sage Intacct, NetSuite, and SAP. 
• Robust knowledge of % of completion accounting, inventory/WIP management, lease accounting, and GAAP entries. 
• Track record in enhancing financial processes, particularly in B2B field services. 
• Accounting degree and/or accounting accreditation (CPA/CMA/CGMA). 

Attributes: 

• High integrity and pragmatic accounting expertise.
• Strong influencing skills and the ability to communicate financial concepts to non-finance employees.
• Detail-oriented and operationally minded.
• Data-driven approach and process and systems expertise 

About Cobalt Service Partners

Cobalt Service Partners buys and builds leading access solutions businesses that install and maintain essentials like commercial doors, overhead doors, security gates, access control systems, video surveillance systems, and more. Through its commitment to people, technology, and unwavering stewardship, Cobalt offers founders a long-term home for their business that they can feel proud of. Securing Legacies, Unlocking Possibility.

Cobalt is backed by Alpine Investors, an investment firm committed to building enduring businesses by investing in and developing exceptional people.

Salary Notes

The annualized cash compensation for this role is expected to be between $125,000 and $150,000. Actual base + bonus pay may vary based on factors including but not limited to experience, subject matter expertise, and the applicant’s skill set.