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Lyra Technology Group

Decentralized MSP portfolio and acquisition platform

Financial Controller

Financial AccountingConfirmed live in the last 24 hours
Full-timeJacksonville, FL, USA$125k - $135k

About the Job

Requirements

  • At least 7 years of progressive accounting or finance experience, including at least 3 years in a leadership role.
  • A bachelor's degree in Accounting, Finance, or a related field, or equivalent professional experience demonstrating a record of leading finance and accounting functions.
  • Experience owning full-cycle accounting, monthly close, balance-sheet reconciliations, accounts payable, accounts receivable, payroll, billing, budgeting, forecasting, cash management, and audit support.
  • Ability to produce timely GAAP-compliant financial statements and explain results to non-financial executives.
  • Experience building budgets, rolling forecasts, cash forecasts, financial models, KPI scorecards, and variance analysis.
  • Advanced Excel skills and experience with accounting or ERP, PSA, and business-intelligence platforms.
  • Commercial judgment and a process-improvement and control mindset, with the ability to translate financial data into specific management action.
  • Strong written and verbal communication, sound judgment, attention to detail, and the ability to operate with appropriate confidentiality.
  • Ability to work hands-on while building scalable processes, with ownership and urgency to communicate proactively.

Responsibilities

  • Own consolidated and service-line P&L reporting, including revenue, gross profit, operating expense, Adjusted EBITDA, and cash performance.
  • Partner with the President/CEO and practice leaders on pricing, margin improvement, service-line profitability, staffing decisions, and resource allocation.
  • Analyze actual results versus budget and forecast monthly, identify what changed and why, and recommend required actions.
  • Present financial performance, risks, opportunities, and recommended actions to executive leadership and, as requested, Lyra, the board, or ownership.
  • Establish financial accountability across leadership while preserving operational ownership for execution.
  • Complete Lyra monthly reporting requirements accurately and on time, including financial statements and KPIs, the cash sweep form, MD&A, month-over-month P&L variance analysis, and the balance-sheet reconciliation package.
  • Achieve and maintain an accurate, GAAP-compliant month-end close within Lyra’s required timetable, targeting completion within 5–6 business days.
  • Coordinate leadership input for the MD&A and ensure explanations are concise, fact-based, and tied to corrective actions or growth opportunities.
  • Serve as Scarlett Group’s primary finance liaison with Lyra’s Regional, Accounting, Finance, Tax, Audit, Business Central, and other support teams.
  • Respond promptly and accurately to Lyra information requests and escalate reporting, accounting, forecast, or control risks early.
  • Maintain alignment with Lyra accounting policies, reporting templates, chart-of-accounts mapping, approved Adjusted EBITDA addbacks, and shared-cost allocations.
  • Own full-cycle accounting, including the general ledger, payroll, accounts payable, accounts receivable, client invoicing, revenue recognition, accruals, prepaids, fixed assets, intercompany activity, and month-end and year-end close.
  • Maintain complete, well-supported monthly balance-sheet reconciliations for cash, credit cards, intercompany, equity, deferred revenue, accruals, and all other material accounts.
  • Ensure recurring and project-based revenue is billed completely, accurately, and on time.
  • Implement vendor-to-client reconciliation controls to detect unbilled services, licensing, usage, pass-through costs, and other revenue leakage.
  • Maintain documented accounting policies, approval authorities, close checklists, review controls, and audit-ready support.
  • Coordinate external audits, tax preparation, insurance, banking, and risk-management relationships.
  • Own the annual budget submission using Lyra’s prescribed model and timetable.
  • Build and maintain a monthly rolling 12-month forecast and long-range financial model covering revenue, MRR, NRR, gross margin, staffing, operating expense, Adjusted EBITDA, and cash flow.
  • Incorporate pricing, productivity, volume, retention, expansion, churn, hiring, compensation, capital investment, addbacks, and shared-cost assumptions into budgets and forecasts.
  • Ensure compensation programs, incentive accruals, hiring plans, software commitments, capital investments, and other material obligations are accurately reflected.
  • Identify risks and opportunities early enough for leadership to act, and track whether corrective actions produce the expected financial result.
  • Manage cash forecasting, banking relationships, treasury operations, and appropriate operating liquidity, anticipating payroll, taxes, vendor obligations, capital needs, and incentive accruals.
  • Calculate, validate, submit, and coordinate the monthly Lyra cash sweep in accordance with Lyra requirements.
  • Monitor free cash flow conversion and explain material differences between Adjusted EBITDA and cash generation.
  • Prepare ROI, payback, and sensitivity analysis for significant hires, software, automation, equipment, consultants, and other investments.
  • Establish financial review and approval processes for material spending, vendor contracts, compensation changes, and capital expenditures.
  • Maintain a monthly executive scorecard covering Adjusted EBITDA dollars, growth, margin, and budget attainment; revenue and MRR growth; gross and net MRR retention; client retention; services and products gross margin; free cash flow conversion; and service-line profitability.
  • Provide account-level and service-line profitability reporting so leadership can address underperforming contracts, margin leakage, unbilled services, excess costs, and pricing opportunities.
  • Partner with Operations to report utilization, labor leverage, staffing capacity, and revenue per employee using reliable PSA and financial-system data.
  • Ensure KPI definitions, source data, calculations, and reporting remain consistent and reconcilable to the general ledger.
  • Own financial process integrity across Microsoft Dynamics 365 Business Central, Autotask PSA, Power BI, payroll, banking, expense, and related systems.
  • Maintain Lyra-compliant chart-of-accounts mapping, departments, service-line dimensions, product groups, and reporting classifications.
  • Validate integrations between Autotask, Business Central, billing, payroll, banking, and reporting systems to reduce duplicate entry and prevent data errors.
  • Prioritize automation and AI initiatives that improve close speed, billing accuracy, reconciliation quality, forecasting, anomaly detection, and management reporting, with a documented business case, control review, security review, and measurable ROI for each material investment.
  • Ensure adopted tools meet the security, confidentiality, and compliance requirements of an MSP/MSSP.
  • Ensure compliance with GAAP, tax filings, annual audit requirements, and applicable federal, state, and local regulations.
  • Maintain internal controls appropriate to a technology services company handling confidential client, employee, and financial data.
  • Support financial and insurance requirements tied to client contracts, SOC 2, cyber insurance, and regulated clients.
  • Identify and promptly escalate financial, accounting, tax, liquidity, billing, fraud, or control risks.
  • Build, mentor, and develop a high-performing finance team as the company grows.
  • Create a culture of accuracy, accountability, urgency, collaboration, confidentiality, and continuous improvement.
  • Partner closely with Operations, Sales, Service Delivery, Advanced Services, Human Resources, and Lyra support teams.
  • Document core processes and cross-train responsibilities to reduce single-person dependency and strengthen business continuity.

Desired Qualifications

  • A CPA, CMA, or MBA is a plus.
  • Experience in technology services, MSP/MSSP, IT consulting, recurring-revenue, or professional-services environments, including MRR/ARR billing, project accounting, revenue recognition, service-line profitability, and vendor-to-client reconciliation.
  • Experience with Microsoft Dynamics 365 Business Central, Autotask PSA, and Power BI.
  • Experience supporting a private-equity-backed, multi-company, or parent-company financial reporting structure.
  • Experience implementing finance automation, workflow, RPA, or AI-enabled tools within a controlled accounting environment.

About the Company

Lyra Technology Group

Decentralized MSP portfolio and acquisition platform

Lyra Technology Group is a portfolio-based parent that builds a network of managed IT service providers (MSPs) across North America. It acquires MSPs and provides them with permanent capital, shared resources, and a community of peers, while allowing each acquired company to keep its brand, leadership, and culture and operate independently under its existing management. The group also operates Lyra Recovery, a division focused on ransomware and data breach remediation. Its approach centers on decentralized decision-making by local leaders, continuous growth through acquisitions, and ensuring that the independent MSPs retain their identity while benefiting from the backing and infrastructure of Lyra and Evergreen Services Group. The ultimate goal is to expand a large, coast-to-coast MSP network serving more than 10,000 organizations, by adding leading MSPs and supporting their growth without divestment, using permanent capital from its backers.

Company size
51-200
Company stage
Not listed
Total funding
Not listed
Headquarters
Chicago, IL
Founded
2017

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