Bloom Equity Partners is a private equity firm investing exclusively in lower middle market technology, software and tech-enabled business service companies.  Bloom drives enduring market value by partnering closely with founders and management teams, injecting capital to unlock growth and providing operational resources and expertise to enable meaningful step-change to the business.

Bloom Equity Partners

Investing in and acquiring enterprise software, technology and tech-enabled services companies.

SOUTRON GLOBAL, INC.

Accounting Supervisor

Group Finance

 Multi-entity software business Remote, United States or Canada

The Company

Soutron Global builds and supports library, archive, and collections management software for the GLAM market — galleries, libraries, archives, and museums. We serve public libraries, archives including corporate archives, and corporate libraries. Customers include state library consortia, national and municipal archives, government ministries, and Fortune 500 corporate information centers.

The group has been assembled by acquisition and comprises Soutron, Auto-Graphics (VERSO, SHAREit), MINISIS, and Biblionix (Apollo, Artemis), operating across the United States, Canada, and the United Kingdom in three currencies. Revenue is overwhelmingly recurring and retention is strong. The group is backed by Bloom Equity Partners.

Why this role exists

We would rather be direct than have you find this out in week two.

The finance function is small relative to the group around it. There is a Controller, a part-time Staff Accountant, and an Accounting Administrator, and they support four operating businesses on legacy systems while a NetSuite implementation replaces them. A revenue accounting seat is currently vacant. The close, the reconciliations, billing, collections, and the reporting all compete for the same few hours.

This role takes the execution. You own the close calendar and land it. You own the reconciliations and the schedules behind them. You own billing and collections. You supervise and develop the two people who process the transactions. And you carry the finance workstreams of the NetSuite migration for the areas you own — opening balances, sub-ledger tie-out, and the parallel run.

What You Own

 The monthly and quarterly closeOwn the close calendar across all group entities. Publish it, run it, and land it on the agreed dayPrepare and review journal entries, accruals, prepaids, deferred revenue, intercompany, and foreign exchange entriesOwn the balance sheet reconciliations — a documented, reviewed reconciliation for every material account, every month, with supporting schedules a third party can follow without a conversationPrepare the monthly reporting pack for the Controller’s review, with variance commentary that says what moved and whyWhere two reports disagree, find the cause, fix it, and write down the reconciliation. This is a standing expectation of the role, not an occasional task Revenue accounting — execution under ASC 606Apply the group’s revenue recognition policy across SaaS subscriptions, hosted and on-premise licenses, support and maintenance, implementation and data migration services, training, and third-party pass-throughOwn the deferred revenue and contract asset roll-forwards, reconciled to the contract population rather than to last month’s balanceReview new and renewing contracts against the revenue checklist and escalate anything that does not fit it — multi-element arrangements, consortium and statewide agreements, mid-term expansions, non-standard termsMaintain the schedules that support the policy, and flag where the policy does not answer the question in front of you Order to cash, and collections in particularOwn billing accuracy across renewals, new business, change orders, and professional services, and the handoff from contract administration into the ledgerOwn the accounts receivable ledger and the collections process — aging discipline, a documented dunning cycle, escalation paths, and weekly reporting on aging and days sales outstandingBe clear on what you are taking on: one legacy entity currently carries the large majority of its receivable book past 30 days. Improving that aging against a baseline agreed in month one is the single most measurable objective in this role, and it will require working with sales, customer success, and public sector procurement contacts — not just the ledgerOwn accounts payable — approval workflow, vendor master integrity, payment runs, and 1099 and T4A reporting NetSuite — operate it, and get your areas across the lineCarry the finance-side migration work for the areas you own: opening balance validation, sub-ledger tie-out, historical comparatives, and the parallel-run reconciliationOperate the system day to day — general ledger, accounts receivable and payable, revenue module, multi-currency — and build the saved searches, reports, and dashboards that replace offline spreadsheetsDocument what you configure and write the desk procedures, so the work is not dependent on you personally Supervision and processSupervise the Staff Accountant and the Accounting Administrator — allocate work, review output, set standards, and develop them. This is real people management, not work direction in name onlyWrite the desk procedures for the whole team. Where knowledge lives in one person’s head today, get it on paperRecommend how the team should be structured as the group grows, and make the case for it Audit and control evidencePrepare the audit and review schedules, manage the request list, and clear items to a timetableSupport indirect tax compliance with advisers — US sales and use tax including software and SaaS nexus, Canadian GST/HST and provincial taxes, UK VAT, and state and provincial registrationsExecute the finance-side controls the group needs for SOC 2 and ISO 27001 readiness — evidenced approvals, documented segregation of duties in NetSuite, and access reviews for finance systems. Control design sits above you; operating the controls and producing the evidence is yours

Scope boundaries

AreaYou ownOwned by the ControllerRevenue recognitionApplying the policy, deferred revenue roll-forward, contract review against the checklistPolicy authorship, standalone-selling-price analysis, technical memosNetSuiteMigration reconciliation for your areas, day-to-day operation, saved searches and reportsChart of accounts and segment design, module scope, go-live decisionAuditPreparing schedules, clearing requests, managing the request listThe auditor relationship and technical positionsLender and boardProducing the underlying schedulesCovenant model, compliance package, board pack, the cash forecastTransactionsIntegrating acquired ledgers onto the group calendar and chartPurchase accounting, earn-out calculation statements, completion mechanicsStatutorySupporting the filing packsFramework conversions and statutory positions for the non-US entitiesBudgetActuals, variance analysis, and commentaryBuilding the budget and the forecast

What Success Looks Like

HorizonOutcomeFirst 30 daysYou have mapped every entity, ledger, and revenue stream, and produced a written list of the reconciliation gaps and control weaknesses you found — including the ones nobody mentioned. Receivables baseline agreed with the Controller.First 90 daysThe close runs to a published calendar and lands on the agreed day. Every material balance sheet account has a reviewed reconciliation. Your NetSuite migration workstreams are on plan with a documented parallel-run test.First 180 daysDeferred revenue ties to the contract population. Receivables aging materially improved against the month-one baseline. Weekly aging and days-sales-outstanding reporting is routine. Desk procedures written for your areas.First 12 monthsA clean audit or review with no significant deficiencies attributable to execution. NetSuite is the system of record for your areas. Your two reports are more capable than you found them, and the close does not depend on you being available.

Required

What we need you to have

Full ownership of a monthly close in a multi-entity environment, including reviewing other people’s workHands-on ASC 606 experience in a subscription software or SaaS business. You have prepared deferred revenue roll-forwards and worked multi-element contracts yourself. You understand the difference between a booking, an invoice, and revenueNetSuite experience, hands-on. Migration or implementation exposure is materially preferred over long tenure as a routine userMulti-currency and intercompany experience — you have prepared translation, remeasurement, and intercompany entries, not just read about themAccounts receivable and collections ownership, with a track record of moving an aging profile you can describe in numbersSupervisory experience — you have managed or closely reviewed at least one person’s work, including giving difficult feedbackBachelor’s degree in accounting or finance and five or more years of progressive accounting experience

Preferred

CPA or CA, or actively pursuing it. We will support completionExperience in a private-equity-backed business — monthly discipline and short-notice requests are normal hereExperience bringing an acquired set of books onto a group chart of accounts and close calendarCross-border US and Canada experience, including indirect tax in bothAdvanced Excel and comfort with data — large reconciliations, Power Query, and enough reporting-tool fluency to answer your own questions

How You Work

You reconcile rather than choose. You will find figures that do not agree. We need someone whose instinct is to find the cause and document itYou write things down. Procedures, schedules, and commentary that outlive the month they were produced inYou are comfortable being the most senior person in the detail. There is no one to hand a hard reconciliation toYou escalate early and plainly. Bad news travels fast to the Controller. That is expected and it is safe

Where the fit usually breaks

A pure technical or policy background with no operational execution. Roughly two-thirds of this job is running the processSingle-entity, single-currency experience only. The consolidation and intercompany work is daily, not quarterlyAnyone who needs the environment tidy before they can be effectiveAnyone looking for a title step without the detail. This is a working supervisor role

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