Remote Director of Finance

Karmak, Inc.•Carlinville, IL

3d•$150 - $190•Remote

About The Position

Karmak is hiring a Director of Finance to lead accounting, reporting, treasury, tax, and forecasting, reporting directly to the CFO. Karmak is an employee-owned, fully remote software company that builds dealer management software for the heavy-duty truck industry. Its Fusion and Blaze platforms support parts, service, and accounting operations for truck dealers. This is a hands-on leadership role with ownership of the close, external audit, employee stock ownership plan (ESOP) and retirement plan compliance, forecasting, and budgeting. The Director of Finance will lead a Senior Accounting Manager and, through that person, the accounting team. The role is designed to have a potential path to VP of Finance within two to three years, based on results rather than tenure.

Requirements

10 or more years of progressive accounting and finance experience, including at least 3 years as a Controller or Director of Finance.
Hands-on ownership of a monthly close, an external audit, and debt covenant compliance.
Working knowledge of ASC 606 and ASC 340-40.
Experience building and running a driver-based forecast and annual budget, rather than only reporting actuals.
Advanced Excel and financial modeling skills, and experience with an FP&A platform.
Experience managing and developing people.
Ability to communicate financial results clearly and credibly to executives, auditors, and lenders.
Ability to frame trade-offs and recommend decisions, explain numbers plainly to people outside finance, understand how pricing and customer behavior affect financial results, develop and delegate to team members, and anticipate deadlines and risks.

Nice To Haves

Experience in an ESOP-owned S-corporation, including valuations, repurchase obligations, and trustee coordination.
Retirement plan compliance experience, including 401(k) testing and Form 5500 filings.
Multistate tax and Section 174 experience.
Acquisition diligence and integration experience.
Proficiency automating work with scripts or AI tools.
MBA or equivalent strategic finance background.
Software or SaaS industry experience.

Responsibilities

Own the monthly, quarterly, and year-end close and financial statements, while the Senior Accounting Manager runs day-to-day accounting functions.
Lead the annual external audit from planning through issuance of the financial statements.
Apply technical accounting for a SaaS business, including ASC 606 revenue recognition, ASC 340-40 contract costs, and ASC 842 leases.
Maintain internal controls, segregation of duties, and written procedures for recurring processes.
Build and run monthly revenue, operating, and rolling cash flow forecasts.
Lead the annual budget with department heads and maintain the long-range financial model.
Run financial scenarios for pricing, headcount, and investment decisions.
Report SaaS metrics and budget-versus-actual results, explaining the factors driving results.
Coordinate annual ESOP valuation, census, allocations, diversification, and distributions with the trustee, recordkeeper, and valuation firm.
Manage 401(k) nondiscrimination testing and Form 5500 filings for both plans.
Answer participant plan questions and support benefits renewals with HR.
Manage daily cash, banking relationships, investment portfolio oversight, and debt covenant compliance.
Coordinate federal and state S-corporation tax filings with outside advisors, including R&D capitalization, excise, and sales and use tax.
Support insurance renewals, subsidiary filings, and contract tracking.
Lead and develop the Senior Accounting Manager and accounting team.
Partner with Sales, Product, and Services leaders on pricing, deal economics, and budgets.
Support acquisitions through diligence, modeling, and integration.
Prepare Board financial materials and build working relationships with the Board, auditors, and lenders.