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MiddleGround Capital logoMiddleGround Capital

Sr Associate, Finance Operations

Lexington, Kentucky, United States · On-site

Senior

Description We’re seeking a strategic and collaborative finance leader to join our team as Senior Associate (SA) of Finance Operations. This role offers a unique opportunity to work closely with portfolio companies, inve…

Skills: Financial Reporting, Portfolio Company Management, Due Diligence, Financial Planning And Analysis, Cash Flow Forecasting

MiddleGround Capital logo

Sr Associate, Finance Operations

MiddleGround Capital

Lexington, Kentucky, United States • On-site

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Senior

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  • Full-time
  • bachelor degree
  • Posted 41d ago
  • ~40 hrs/week

Responsibilities

Oversee financial reporting and operational efficiency for multiple portfolio companies while supporting due diligence and transaction readiness. Collaborate with senior leadership and CFOs to drive financial excellence and align performance with organizational goals.

Requirements

Requires a bachelor's degree in Finance, Business, Engineering, Accounting, or a related field. Candidates must have 6+ years of experience in finance, accounting, consulting, or transaction advisory services.

Full job description

Description

We’re seeking a strategic and collaborative finance leader to join our team as Senior Associate (SA) of Finance Operations. This role offers a unique opportunity to work closely with portfolio companies, investment teams, and senior leadership to drive financial excellence and operational efficiency. Based in Lexington, KY, the SA will play a pivotal role in shaping financial processes, supporting key transactions, and fostering strong relationships across our organization.

Portfolio Company Management

  • Oversee financial reporting compliance for 3–5 portfolio companies
  • Review monthly financials, management discussions, and cash flow forecasts
  • Support onboarding of new portfolio companies and CFOs
  • Identify and implement improvements in financial close and reporting processes

Reporting and Analysis

  • Provide financial insights and ad hoc analysis to senior leadership
  • Support internal and external reporting processes
  • Drive system and process improvements for reporting efficiency
  • Lead or contribute to financial planning and analysis projects

Due Diligence and Pre-Transaction

  • Participate in due diligence and integration planning for acquisitions
  • Assist CFOs in preparing for exits and transaction readiness
  • Understand and apply quality of earnings analyses
  • Collaborate with investment teams on financial readiness

Executive Management

  • Interview and support hiring of CFOs for portfolio companies
  • Build trusted relationships with portfolio company leadership
  • Coordinate executive onboarding and assessments
  • Execute strategic projects aligned with organizational goals

Budget and Hoshin

  • Establish and communicate budget timelines and expectations
  • Review annual budgets and provide feedback to deal teams
  • Support strategic planning and alignment of financial goals
  • Monitor compliance with budgeting and performance plans

Board of Directors Activities

  • Prepare financial materials for Board meetings.
  • Ensure alignment of performance data with board standards
  • Attend Board meetings and support related communications

Business Development

  • Maintain relationships with industry contacts and firms
  • Share potential deal opportunities with the Business Development team
  • Represent the firm at industry conferences and events

Administrative Activities

  • Support financial system implementations and reporting transitions
  • Present at internal conferences and assist with communications
  • Track time and expenses related to portfolio company activities
  • Coordinate travel and logistics with administrative support

Execution & Accountability

  • Own financial reporting processes for assigned portfolio companies
  • Ensure timely and accurate submission of reports and expenses
  • Communicate effectively with portfolio stakeholders
  • Drive initiatives that support organizational goal

Requirements

  • 6+ years of experience in finance, accounting, consulting, or transaction advisory services
  • Bachelor’s degree in Finance, Business, Engineering, Accounting, or a related field
  • Strong understanding of financial statements and accounting principles
  • Proven leadership experience with executive presence
  • Ability to manage multiple priorities and communicate effectively across teams
  • Familiarity with investment metrics (IRR, MOIC, DPI) and fund accounting is a plus

Related keywords

IRRMOICDPIFinancial StatementsAccounting PrinciplesDue DiligencePortfolio ManagementHoshinFinancial CloseTransaction AdvisoryExecutive PresenceCash Flow ForecastsQuality Of Earnings

About MiddleGround Capital

LinkedInVisit site

Experienced Operators Deploying Capital in the Middle Market

Industry
Venture Capital and Private Equity Principals
Company size
51-200 employees
Founded
2018
Headquarters
Lexington, Kentucky
LinkedIn followers
19,482

We are a private equity firm that invests in North American and European B2B middle-market industrial and specialty distribution businesses. Our differentiator among peers is our status as operators; we're founded and run by people who come from the manufacturing floor and have hands-on experience managing companies that range in size, from the lower middle market to the Fortune 500. We make control equity investments in fundamentally good businesses and align ourselves with management teams to execute a customized value-creation program that drives equity value back to our investors as well as management. Investing with integrity is at the core of our beliefs. We aim to create value in everything we do while leaving the world better than we found it.

Offices: 1500 Aristides Blvd, Lexington, Kentucky 40511, US · 10 Crosby St, 4th Floor, New York, 10013, US · Gustav Mahlerplein 57-59, Amsterdam, 1082 HN, NL

Lean ManufacturingOperations Managementand Mergers & AcquisitionsFinancial Services
View all jobs at MiddleGround Capital

About MiddleGround Capital

LinkedInVisit site

Experienced Operators Deploying Capital in the Middle Market

Industry
Venture Capital and Private Equity Principals
Company size
51-200 employees
Founded
2018
Headquarters
Lexington, Kentucky
LinkedIn followers
19,482

We are a private equity firm that invests in North American and European B2B middle-market industrial and specialty distribution businesses. Our differentiator among peers is our status as operators; we're founded and run by people who come from the manufacturing floor and have hands-on experience managing companies that range in size, from the lower middle market to the Fortune 500. We make control equity investments in fundamentally good businesses and align ourselves with management teams to execute a customized value-creation program that drives equity value back to our investors as well as management. Investing with integrity is at the core of our beliefs. We aim to create value in everything we do while leaving the world better than we found it.

Offices: 1500 Aristides Blvd, Lexington, Kentucky 40511, US · 10 Crosby St, 4th Floor, New York, 10013, US · Gustav Mahlerplein 57-59, Amsterdam, 1082 HN, NL

Lean ManufacturingOperations Managementand Mergers & AcquisitionsFinancial Services
View all jobs at MiddleGround Capital

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