Hi there! Have you noticed that the restaurant industry is changing?
We are PAR and our purpose is:
To deliver solutions that connect people to the restaurants, meals, and moments they love.
At PAR Technology, our relentless drive for innovation and unwavering commitment to customer success are at the heart of everything we do. We lead the restaurant and retail industries by ensuring that our products—from point of sale systems to loyalty programs, digital ordering, restaurant operations solutions, payment services, and hardware—work "better together." This unified approach, fueled by over 40 years of experience, amplifies our ambition to not just meet but exceed the evolving needs of our global clientele. By optimizing integrations into all leading restaurant solutions, we're not just creating technology; we're crafting a future where operations are streamlined, experiences are enhanced, and every interaction is an opportunity for growth.
Location: Chicago, Illinois (Hyrbid)
Position Description
PAR Technology has an exciting opportunity! The Sr. Accountant, Commercial Finance plays a crucial role in supporting intelligent, financially sound decision making for our Operations Cloud Business Unit (Brink, Data Central, Payments, and Pixel). This person will have demonstrated strong accounting, financial analytical skills, Business Acumen (Enterprise Technology and Multi-Product technology company), and the ability to think strategically. This person will be a quick thinker and doer and is hungry to get exposure to FP&A. This person will have experience in taking high level direction and delivering with high quality output. This person will help with day-to-day accounting and also perform deep dive analyses within the Operations Cloud area including SaaS metrics, trends, profitability and other KPIs. This person must be an initiative-taker and perform well with other accountants/analysts within Operations Cloud Commercial Finance. This role is not for the faint of heart, but for someone who will roll up their sleeves and go to work knowing what they do makes a difference.
What We’re Looking For
- Bachelor’s degree in finance, Accounting or Business
- Minimum 2-4 years of experience in business and or hospitality with emphasis in accounting and/or financial planning & analysis supporting SaaS or fast-growing technology companies.
- Strong knowledge of ASC 606 revenue recognition for SaaS and SaaS related services
- Experience in calculating Annual Recurring Revenue and other SaaS Metrics (CAC: LTV, CARR, Rule of 40 etc.)
- Strong finance skills, analytical problem-solving ability, and solid business acumen
- Independent thinking and the ability to use data and business acumen to drive decisions.
- Passion for using data to drive better decision making and connecting operational metrics with financial results.
- Strong partnership and influence skills
- Great presentation and communication skills
- Demonstrated understanding of the nuance of FP&A in rapidly changing environment, including monthly and quarterly updates, and rolling forecasts
- Demonstrated ability to work collaboratively across organizations and functions while utilizing resources effectively.
- Systems Knowledge & Experience
- Management Reporting System (Planful, Anaplan, Adaptive, etc.)
- Data Visualization (Microsoft Power BI, Tableau, Domo etc.)
- Microsoft FO Dynamics experience
- Strong proficiency in Microsoft Excel (Pivot Tables, Advanced Formulas, use of short-cut keys etc.)
- Ability to work independently, prioritize tasks and manage simultaneous assignments under tight deadlines and in a fast-paced environment.
- Hard working; willing to work 50+ hours per week.
Why We Need You
- Support the Operations Cloud Business Unit including:
- Forecasting salary expense, revenue, and cost of goods.
- Journal entries and reconciliations at month end.
- Monthly accounting close process.
- Monthly managerial reporting (Budget vs. Actuals), P&L, Department Statements, Revenue, Gross Margin, OpEx analyses).
- Monthly forecast process (Rev -> COGS, OpEx and incorporating HC changes).
- Deep dive into business analytics providing actional insights to the General Manager.
- Annual Budgeting Process.
- Spending and Head Count approvals/analyses.
- Support your manager in being a mini-CFO to the Operations Cloud General Manager and tell the narrative from month to month, quarter to quarter, year to year etc.
- Support the Cloud Operations Monthly and Quarterly Business presented to PAR senior management.
- Support the coordination and management of customer contract administration to ensure proper accounting and reporting. Working closely with Legal, Shared Services and Controllers.
- Use Planful Management Reporting System to analyze actuals and input updated forecasts.
- Look for opportunities to enable real time reporting through Power Bi or other data visualization tools.
- Help Commercial Finance be recognized as thought leaders in helping the business focus on things that matter most.
- Work with the Operations Cloud GM to drive financial and business accountability.
The base salary range for this position is $87,000 to $95,000 USD per year commensurate with work location, experience, skills, certifications, education, and prior accomplishments.
The position may be eligible for additional compensation, including a bonus, commission and/or equity, as applicable.
PAR is proud to provide equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. We also provide reasonable accommodations to individuals with disabilities in accordance with applicable laws. If you require reasonable accommodation to complete a job application, pre-employment testing, a job interview or to otherwise participate in the hiring process, or for your role at PAR, please contact [email protected]. If you’d like more information about your EEO rights as an applicant, please visit the US Department of Labor's website.
What We Do
PAR is a leading global provider of software, systems, and service solutions to the restaurant and retail industries. Today, with 50+ years of experience and point of sale systems in nearly 100,000 restaurants and more than 110 countries, PAR is redefining the point of sale through cloud software and bringing technological innovation to all corners of the enterprise. PAR Technology Corporation's stock is traded on the New York Stock Exchange under the symbol PAR. For more information, visit www.partech.com. PAR Technology was founded in 1968 and its current CEO is Savneet Singh. Since its inception 55 years ago, PAR Technology has grown to 1500 employees.
Why Work With Us
At PAR, we believe we’ll win or lose through the culture we build. Our culture is built on 4 values: Speed, Ownership, Focus and Winning Together.
For PAR to win, we need our customers, our employees, our suppliers, our shareholders, and our community to succeed. We believe by committing to these values in all our endeavors.
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