Description
We’re seeking a strategic and collaborative finance leader to join our team as Senior Associate (SA) of Finance Operations. This role offers a unique opportunity to work closely with portfolio companies, investment teams, and senior leadership to drive financial excellence and operational efficiency. Based in Lexington, KY, the SA will play a pivotal role in shaping financial processes, supporting key transactions, and fostering strong relationships across our organization.
Portfolio Company Management
- Oversee financial reporting compliance for 3–5 portfolio companies
- Review monthly financials, management discussions, and cash flow forecasts
- Support onboarding of new portfolio companies and CFOs
- Identify and implement improvements in financial close and reporting processes
Reporting and Analysis
- Provide financial insights and ad hoc analysis to senior leadership
- Support internal and external reporting processes
- Drive system and process improvements for reporting efficiency
- Lead or contribute to financial planning and analysis projects
Due Diligence and Pre-Transaction
- Participate in due diligence and integration planning for acquisitions
- Assist CFOs in preparing for exits and transaction readiness
- Understand and apply quality of earnings analyses
- Collaborate with investment teams on financial readiness
Executive Management
- Interview and support hiring of CFOs for portfolio companies
- Build trusted relationships with portfolio company leadership
- Coordinate executive onboarding and assessments
- Execute strategic projects aligned with organizational goals
Budget and Hoshin
- Establish and communicate budget timelines and expectations
- Review annual budgets and provide feedback to deal teams
- Support strategic planning and alignment of financial goals
- Monitor compliance with budgeting and performance plans
Board of Directors Activities
- Prepare financial materials for Board meetings.
- Ensure alignment of performance data with board standards
- Attend Board meetings and support related communications
Business Development
- Maintain relationships with industry contacts and firms
- Share potential deal opportunities with the Business Development team
- Represent the firm at industry conferences and events
Administrative Activities
- Support financial system implementations and reporting transitions
- Present at internal conferences and assist with communications
- Track time and expenses related to portfolio company activities
- Coordinate travel and logistics with administrative support
Execution & Accountability
- Own financial reporting processes for assigned portfolio companies
- Ensure timely and accurate submission of reports and expenses
- Communicate effectively with portfolio stakeholders
- Drive initiatives that support organizational goal
Requirements
- 6+ years of experience in finance, accounting, consulting, or transaction advisory services
- Bachelor’s degree in Finance, Business, Engineering, Accounting, or a related field
- Strong understanding of financial statements and accounting principles
- Proven leadership experience with executive presence
- Ability to manage multiple priorities and communicate effectively across teams
- Familiarity with investment metrics (IRR, MOIC, DPI) and fund accounting is a plus
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What We Do
MiddleGround Capital is a private equity firm that invests in B2B companies in the industrial and specialty distribution sectors in the lower middle market in North America and Europe. They partner with management teams to execute customized value creation programs and provide hands-on operational expertise.
