Position Title: FP&A Associate
Reporting To: CFO & Co-CEOs
Location: Chicago, IL
The Company: Tyree & D’Angelo Partners (www.TDPfund.com)
Company Overview
Tyree & D'Angelo Partners ("TDP") is a private equity investment firm that focuses on control investments in the lower middle market (companies with $1-5M of EBITDA). We look for investments where we can establish true collaborative partnerships with business owners and management teams that will lead to substantial value creation over a long-term investment horizon.
TDP’s track record of building high-growth and lower risk companies is driven by a buy & build investment strategy, that is based on tested methods of value creation and a true partnership approach with executives and business owners. TDP works in collaboration with executive leaders utilizing an investment thesis driven process designed to build companies with a differentiated customer value proposition.
TDP invests in the healthcare, consumer, and business services sectors, focusing on high-quality founder owned businesses that we can grow with our high probability of success process. TDP companies have completed over 900 partnerships, have grown to over $4 billion of enterprise value, and TDP has over $1.4 billion of capital under management. For more information, please visit www.TDPfund.com
We are seeking a FP&A Associate to join our team. The chosen candidate will work closely with the senior management with the execution of the accounting and finance functions while balancing ad hoc projects. Timely execution of portfolio company financial reporting, budgeting and valuations is paramount.
The candidate will join a highly collaborative and motivated team in a dynamic environment with substantial opportunity to create value and contribute to the TDP’s growth. Qualified candidates should demonstrate a strong desire and passion for accounting, finance, M&A, and a great goal-oriented attitude.
Job Responsibilities
- Provide effective financial analysis and management assistance for budgeting, planning, and reporting requirements
- Assist with standing up financial operations for an operating company and training and developing accounting and finance team members
- Develop and maintain controls over financial reporting, treasury and risk management.
- Identify, monitor and evaluate systems to report and summarize portfolio company KPIs
- Assist portfolio companies with the execution of timely, accurate reporting of portfolio company financials and deliverables to firm management and Boards including monthly/quarterly/annual financials, and annual tax and audit deliverables within agreed upon timeframes
- Preparing financial diligence items and packages for lenders, investment bankers and other key stakeholders
- Perform quarterly valuations of portfolio companies using the income and market approach
- Detailed tracking and calculations of portfolio cap tables and waterfall mechanics
- Vendor assessments of accounting, payroll, IT, ERP and other systems
- Develop and maintain current knowledge on FASB and GAAP accounting pronouncements relating to private equity backed portfolio companies
- Ensure strict confidentiality with all matters within the role
Requirements
- 3+ years of prior accounting & finance within public accounting (Audit or Transaction Services groups), FP&A or strategic accounting and finance roles
- Prior experience with valuation and business modeling
- Prior experience with financial planning and analysis
- Prior experience with accounting software, but not required
- Advanced in Microsoft Office products
- Bachelor’s degree in accounting or finance required, advanced degrees a plus
- CPA and/or CFA designation strongly preferred
Compensation
Highly competitive compensation consisting of base salary and an annual performance bonus.
