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Parts Authority

Director of Corporate Finance

Posted 2 Days Ago
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In-Office
New Hyde Park, NY
160K-160K Annually
Expert/Leader
In-Office
New Hyde Park, NY
160K-160K Annually
Expert/Leader
Leads financial planning, forecasting, capital structure management, lender and investor reporting, cash flow optimization, and value creation planning. Partners with the CFO, private equity sponsors, board, and lenders on refinancing, acquisitions, due diligence, integration, covenant compliance, and exit readiness. Builds financial models, supports audits, tracks synergies, and improves scalable finance processes for a rapidly growing company.
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Overview

Parts Authority was formed in 1997 by the merger of four companies, that date back to 1973, that had common ownership and had the vision of creating a better vehicle for the wholesale distribution of automotive and truck parts. Parts Authority has become one of the country's largest distributors of automotive and truck parts. The company is headquartered in Long Island, New York and operates distribution centers in New York, New Jersey, Washington D.C., Maryland, Georgia, Arizona, California and Ohio. Parts Authority has been expanding rapidly and now has over 90 locations in eight states with future expansions in the horizon. As a privately owned company Parts Authority does not answer to Wall Street, Parts Authority answers only to customers. Each and every team member plays a vital role in our success. We are rapidly expanding and looking for a professional, self-motivated individual to fill the role of Director of Corporate Finance.


We are seeking a Director of Corporate Finance to lead financial planning, capital structure management, and stakeholder reporting for our private equity-backed company. This role partners closely with the CFO, the sponsor's deal team, and the board to drive the value creation plan, manage lender and investor relationships, and position the business for continued growth and a successful exit. The ideal candidate is comfortable operating in a fast-paced, metrics-driven private equity environment and can move fluidly between high-level strategy and hands-on execution.


Responsibilities
  • Own the company's financial planning and analysis, including annual budgets, long-range plans, and monthly/quarterly forecasts aligned to the sponsor's value creation plan
  • Prepare and present board and sponsor reporting packages, including KPI dashboards, covenant compliance analysis, and variance commentary
  • Manage lender relationships, including covenant tracking, compliance certificates, and periodic reporting required under credit agreements
  • Partner with the CFO and sponsor deal team on capital structure decisions, including debt refinancing, add-on acquisitions, and dividend recapitalizations
  • Lead financial due diligence and integration planning for M&A transactions, including post-close synergy tracking
  • Own cash flow forecasting and working capital management to optimize liquidity across the business
  • Develop and track value creation plans (VCPs) to drive long-term EBITDA improvement
  • Support the annual audit process and coordinate with external auditors, lenders, and sponsor finance teams
  • Drive process improvements and build scalable financial infrastructure to support rapid growth and exit readiness
  • Build financial models supporting scenario planning, sensitivity analysis, and strategic decision-making for the executive team
Qualifications
  • 8-12 years of progressive finance experience, including experience in a private equity-backed or PE portfolio company environment
  • Bachelor's degree in Finance, Accounting, or related field; MBA and/or CPA preferred
  • Prior experience in investment banking, private equity, transaction advisory, or corporate development strongly preferred
  • Deep understanding of credit agreements, covenant compliance, and lender reporting requirements
  • Strong track record building board-ready materials and presenting to sponsors, lenders, or boards of directors
  • Advanced financial modeling skills, including LBO, M&A, and scenario modeling
  • Experience with add-on acquisitions, integration planning, and post-merger synergy tracking
  • Proven ability to operate with high ownership in a lean, fast-moving finance organization
  • Strong Excel and financial systems skills (Planful, PowerBI, Power Query, Tableau, SQL) preferred

Some of the benefits of being a part of our growing Parts Authority family:

  • Medical Coverage
  • Pharmacy Coverage
  • Dental Coverage
  • Vision Coverage
  • Basic Life and AD&D
  • Short Term Disability Coverage
  • Voluntary Short Term Disability Coverage
  • Voluntary Long Term Disability Coverage
  • Flexible Spending Account
  • Commuter Expense Reimbursement Account
  • Health Savings Account
  • Health Reimbursement Account
  • Accident Insurance
  • Critical Illness Insurance
  • Hospital Indemnity Insurance
  • ID Theft Insurance
  • Legal Plan Insurance
  • Pet Insurance
  • Employee Assistance Program (EAP)
  • Paid Holidays, Sick and Vacation
  • Profit Sharing/401 (k) Plan
  • Employee Discounts on Merchandise

We are an Equal Opportunity Employer. We consider applicants for all positions without regard to race, color, creed, religion, sex, national origin, age, disability, marital status, sexual orientation, gender identity, citizenship status, presence of a non-job-related medical condition or handicap, or any other legally protected status. “We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of the Los Angeles Fair Chance Initiative for Hiring Ordinance.” 

EEO

We are an Equal Opportunity Employer.  All persons shall have the opportunity to be considered for employment without regard to their actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, related medical conditions and lactation), gender identity, sexual orientation, marital status, military service and veteran status, disability, protected medical condition as defined by applicable state or local law, genetic information or any other characteristic protected by applicable federal, state or local laws and ordinances.  We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of the Los Angeles Fair Chance Initiative for Hiring Ordinance.

 

We will endeavor to make a reasonable accommodation to the known limitations of a qualified applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business.


Parts Authority, LLC Privacy Notice for California Applicants

MinUSD $160,000.00/Yr.

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