LAZ Parking · 21 hours ago
Executive Vice President of Accounting
Hartford, CT
Full-time
Onsite
Director/Executive
15+ years expLAZ Parking is one of the largest and fastest growing parking companies in the country, committed to creating opportunities for employees and value for clients. The Executive Vice President of Accounting will oversee financial controls and accounting processes, ensuring accuracy and compliance in financial reporting while leading a large team of professionals.
CommercialCustomer ServiceEventsParkingResidential
Responsibilities
Champion a people-first, servant leadership culture, fostering engagement, trust, and collaboration across the accounting organization
Lead and inspire a team of 100+ professionals, ensuring regular team-building and rhythm meetings to reinforce culture and alignment
Set and communicate clear strategy and goals for the department, aligned with organizational objectives
Develop and track key performance indicators (KPIs) and measurement systems to monitor progress and drive accountability
Ensure accuracy, completeness, and timeliness in all deliverables and communications
Promote cross-team collaboration and operational partnership, breaking down silos and driving shared success
Drive efficiencies and process development, continuously seeking opportunities for improvement and innovation
Partner with operations and other departments to optimize workflows and resolve issues
Lead technology development and adoption, including leveraging AI and automation to enhance accounting processes
Oversee the financial close process, ensuring accuracy, timeliness, and analytical rigor in all reporting
Make critical GAAP decisions and ensure compliance with all relevant standards
Lead consolidations and subsidiary accounting reviews, maintaining integrity across all entities
Design, implement, and monitor robust internal controls
Oversee all aspects of financial reporting, including banking relationships, GAAP financials, and regulatory filings
Oversee the external audit process and ensure annual audited financial statements are delivered timely and without significant adjustment or revision
Ensure there are no write-offs or financial exposures in the balance sheet
Support cashflow reporting and forecasting by Treasury, ensuring effective management of funds through projections of AP, AR, Payroll, and daily revenue disbursements and collections
Oversee a team of professionals responsible for completing managed client reporting
Continuously streamline and optimize client reporting processes for accuracy and timeliness
Oversee critical client transitions, ensuring seamless onboarding and ongoing service
Serve as the escalation point for direct client interactions, resolving complex inquiries and issues
Ensure smooth processes for the transition of new clients, collaborating with cross-functional teams as needed
Lead initiatives to enhance client communication and transparency
Identify opportunities for new service offerings or value-added reporting for clients
Ensure compliance with client contractual obligations and SLAs
Ensure accurate and complete reconciliations across all accounts and processes
Develop, implement, and enforce strong SOPs and controls, maintaining compliance and mitigating risk
Oversee task management systems to ensure accountability and timely completion of critical activities
Oversee contract compliance function ensuring adherence to contractual obligations
Conduct periodic risk assessments and internal control reviews
Develop and maintain a fraud prevention and detection program
Report control effectiveness and risk mitigation strategies to executive leadership
Collaborate with all departments to review balances and per financial controls
Communicate with Senior / Regional Vice Presidents, General Managers, and Regional Controllers to maintain best practices and introduce new processes/efficiencies
Identify high-risk areas and confirm adequacy of internal controls
Document areas of potential process improvement from month-end close
Work with regional leadership teams to support the onboarding of new locations, primarily portfolios or major transitions
Assist the CFO and regional leadership teams as needed in annual budget preparations and quarterly updates
Perform additional duties as assigned
Qualification
Required
Bachelor's Degree in accounting, finance, business management or economics
Master's degree in accounting, business, management
CPA or equivalent experience required
15+ years in an accounting, financial analytics and/or reporting role, with at least five years of direct oversight / management of a sizeable team
At least 3 years in public accounting for a nationally recognized firm
Extensive experience in the design and implementation of internal controls and process improvements
Experience designing efficient and effective organizational structures and processes
Extensive experience with internal and operational audit and forensic background exposure
Experience with procurement and other internal cost saving initiatives
Impeccable integrity and professional ethics
Ability to seek improvement and create an environment of idea-sharing and creative problem-solving
Strong communication skills, practical experience of driving change
Ability to be approachable and facilitate coaching conversations with employees and managers
Ability to mitigate and lead others to overcome challenges (Never Ever Give Up Attitude)
Ability to encourage open expression of ideas and opinions
Excellent teambuilding and interpersonal skills. Fosters an environment of collaboration
Ability to work independently and multi-task
Ability to communicate professionally and effectively with all levels of the organization and with clients
Ability to interpret policies, procedures, and standard business practices
Demonstrates a sense of urgency and timeliness
Preferred
Experience of systems implementation preferred
Microsoft Navision experience preferred
Experience in public accounting preferred
Company
LAZ Parking
A Hartford, Conn.-based provider of parking management services
10001+ employees
Funding
Current Stage
Late StageTotal Funding
unknownKey Investors
Harvest Partners Structured Capital
2015-09-22Private Equity
Leadership Team
Jeff Karp
President & Co-Founder
Jason Bendett
Deputy CFO
Recent News
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