Headquartered in Richardson, Texas, L&S Mechanical (L&S) is a leading tri-trade provider of turnkey plumbing, HVAC, and electrical installation services in the Texas, South Carolina, North Carolina and Georgia residential housing markets. Founded in 1985, L&S serves large production homebuilders in Dallas / Fort Worth, South Dallas, Houston, San Antonio and Austin through its six production warehouses. Previously owned by management, L&S was acquired by The Sterling Group, a leading middle market private equity firm, in September 2021. L&S is the largest plumbing installer in Texas and has significant opportunity to grow its HVAC and electric offerings while also expanding into new geographies through acquisition and growing its nascent home services business.
The company is backed by The Sterling Group, a private equity firm established in 1982. The Sterling Group specializes in acquiring controlling interests in companies across the manufacturing, distribution, and industrial services sectors, focusing on enterprises with valuations typically between $100 million and $1 billion. To date, the firm has sponsored 67 platform buyouts, along with numerous add-on acquisitions, contributing to a total transaction value exceeding $22 billion. Currently, The Sterling Group manages over $9.4 billion in assets.
Job Summary
As a Senior Accountant at L&S, you will perform and coordinate accounting duties within our organization. The Senior Accountant's responsibilities include preparing journal entries for month-end close, financial reporting, account reconciliations, maintaining the general ledger, assisting with audits, and performing other accounting duties as needed. A successful Senior Accountant with L&S should have a solid working knowledge of Generally Accepted Accounting Principles (GAAP) and strong financial analysis skills. A Senior Accountant should also possess strong Excel skills, be detail-oriented, highly organized, and be able to work independently and perform tasks within time constraints (i.e., during month-end and the annual financial statement audit).
General Responsibilities
- Responsible for various facets of month-end close.
- Responsible for G / L account reconciliations.
- Analyzes monthly inventory reporting for accuracy, quantity, pricing and investigate unusual variances.
- Analyze P&L and provide monthly fluctuation analysis to explain trends and unusual fluctuations.
- Assists in year-end financial audits.
- Produces recurring and ad hoc management reporting, providing valuable insights and analytics to management for strategic decision making.
- Proactively identifies opportunities to optimize processes, enhance reporting tools and maintains operational excellence while complying with accounting, governance, and internal control policies.
Qualifications
- Bachelors Degree in Accounting, Finance, or other quantitative discipline.
- CPA license a plus but not required.
- 3-5 years experience working with GAAP Accounting.
- Outstanding communication and leadership skills, including building rapport with team members as well as with financial and business leaders across divisions.
- Ability to consider the big picture, including all stakeholders to anticipate data needs and proactively find solutions.
- Experience participating in acquisition integration with respect to ERPs and financial consolidation a plus.
- High tolerance for ambiguity in a fast-paced, highly acquisitive environment.
- Strong data analytical skills with strong mathematical and systems skills.
- Demonstrated superior problem-solving abilities.
- High energy self-starter with a strong drive for results.
- Ability to develop strong, trusting relationships with leaders across the business.
- Ability to work both remotely and in an office.
- Experience with integration of acquisitions into corporate reporting structure a plus.
- Expert level in data analytics utilizing Excel, PowerPoint, and SQL.
- Experience with Great Plains
accounting software is preferred.
- Medical, dental and vision insurance
- FSA with debit card
- Employer-paid Short-Term Disability (STD)
- 20K in life insurance and $20K AD&D insurance
- 401(k) employer match
- Paid Vacation
- Paid Holidays
- Annualized reviews for merit increases
- Potential for advancement
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