Logo
East 57th Street Partners

Director of Finance

East 57th Street Partners, Austin, Texas, us, 78716

Save Job

Job Title:

Director of Finance

Company Type:

PE-Backed Startup (First Internal Finance Hire)

Compensation:

Competitive Base Salary + Annual Bonus +

Meaningful Equity Participation

Overview A high-growth startup backed by a prominent private equity firm is seeking its

first internal finance leader

to build and own the entire accounting and finance function from the ground up.

Currently, the company relies on outsourced consultants to manage accounting and finance activities. This role represents a pivotal transition — moving from outsourced support to an

in-house, institutional-quality finance organization

capable of supporting rapid growth, operational complexity, and future scale.

The

Director of Finance

will be fully accountable for designing systems, processes, controls, and reporting infrastructure while serving as the primary financial partner to the CEO and PE sponsor. This is a hands‑on builder role for a technically strong CPA who thrives in a startup environment and wants to grow into a long‑term executive leadership role.

Key Responsibilities Finance & Accounting Build‑Out

Build the

entire accounting and finance function

internally, transitioning responsibilities from outsourced providers.

Design and implement accounting policies, procedures, and internal controls aligned with PE‑backed best practices.

Select, implement, and optimize core financial systems (GL, AP/AR, payroll, job costing, inventory, fixed assets).

Establish a disciplined monthly close process, management reporting, and KPI dashboards.

Technical Accounting & Operations

Own full‑cycle accounting, including journal entries, reconciliations, and financial statement preparation.

Lead accounting for

fixed assets, inventory, and project‑based/job‑cost accounting

in a construction or project‑driven environment.

Ensure GAAP compliance and audit readiness as the business scales.

Oversee government contracting accounting in partnership with an experienced outsourced firm (cost accounting, indirect rates, compliance).

Strategic Finance & PE Partnership

Act as the primary finance partner to the CEO and private equity sponsor.

Lead budgeting, forecasting, cash flow management, and working capital optimization.

Prepare board materials, investor reporting, and ad hoc financial analyses.

Support future initiatives including financings, acquisitions, and operational scale‑up.

Team & Infrastructure Development

Develop a scalable finance roadmap, including future hires and reduced reliance on outsourced providers.

Create documentation, controls, and repeatable processes to support long‑term growth.

Build a finance function designed to scale into a multi‑layered organization.

Path to Chief Financial Officer (CFO) This role is intentionally designed with a

clear progression to CFO

as the company scales.

As the business grows in revenue, complexity, and institutional maturity, the Director of Finance will be expected to evolve into the

Chief Financial Officer , assuming expanded responsibility across:

Capital strategy and lender/investor relationships

Board‑level financial leadership and governance

M&A execution and integration support

Enterprise‑wide financial planning and performance management

The private equity sponsor views this role as a

long‑term leadership position , with title expansion tied to execution, scale, and value creation rather than tenure.

Ideal Candidate Profile

CPA required

Big 4 public accounting experience required

Startup or early‑stage

PE‑backed company experience strongly preferred

Proven experience building accounting and finance infrastructure from scratch

Strong hands‑on experience with:

Fixed asset accounting

Inventory accounting

Project / job‑cost accounting (construction or project‑based services)

Construction industry experience preferred

Government contracting accounting experience preferred (outsourced support in place)

Highly execution‑oriented, comfortable owning both strategy and day‑to‑day accounting

Strong communicator able to partner with executives, investors, and external advisors

Why This Role

First finance hire

with true end‑to‑end ownership

Backed by a

prominent private equity firm

Opportunity to architect systems, processes, and controls — not inherit them

Meaningful equity participation

Defined path to CFO

based on performance and company growth

Ability to grow with the business and help shape its long‑term trajectory

Seniority Level Executive

Employment Type Full‑time

Job Function General Business, Finance, and Accounting/Auditing

Industries Venture Capital and Private Equity Principals

#J-18808-Ljbffr