Quality of Earnings Manager – QofE Services Lead

Job not on LinkedIn

🕒 July 27

⚓ Rhode Island – Remote

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💵 $90k - $135k / year

⏰ Full Time

🟠 Senior

👔 Manager

👻 Ghost score 7%

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Logo of New Majority Capital

New Majority Capital

2 - 10 employees

💸 Finance

🌍 Social Impact

💼 Consulting

💰 Seed on 2022-12

Finance • Social Impact • Consulting

New Majority Capital is an impact investment firm that focuses on closing persistent wealth gaps in the United States by increasing the number of underrepresented business owners through entrepreneurship through acquisition (ETA). The organization provides capital, concierge services, and an accelerator (bETA) to help emerging entrepreneurs acquire and operate proven small businesses; it emphasizes non-extractive financing structures that aim to generate competitive investor returns while building wealth in overlooked communities. New Majority Capital also operates a foundation and partners with investors and community organizations to support its mission.

📋 Description

• Lead QofE Lite engagements for self-funded searchers across the NMC ecosystem • Design and manage a standardized, scalable QofE workflow tailored to small business deals • Deliver standard QOE reports that assess financial integrity, proof of cash, revenue normalization, seller discretionary earnings, customer concentration, margin consistency, business valuation, and other critical metrics • Provide light post-close financial advisory where relevant, especially in the area of working capital need • Own the P&L for NMC's financial diligence & back-office vertical • Build or manage outsourced delivery partners for accounting and bookkeeping • Work with the core NMC team to upsell or cross-sell services as deals progress • Coordinate with entrepreneurs and Deal Analysts to prioritize incoming QofE work • Translate findings into clear summaries that support investment memos and lender packages • Help educate entrepreneurs on best practices around financial presentation and hygiene

🎯 Requirements

• CPA or equivalent accounting certification • 2–5+ years of experience in QofE (buy-side preferred) • Experience working with businesses <$10M in revenue • Solid understanding of acquisition accounting and common adjustments • Strong communication skills—can translate complex financials into plain language • Experience delivering services to self-funded searchers or independent sponsors • Familiarity with common tools like QuickBooks, Xero, and Google Sheets-based reporting • Openness to using AI tools to build scalable processes • Entrepreneurial mindset—you’ve built something, or wanted to

🏖️ Benefits

• 100% company covered health insurance plans • Company sponsored 401(k) retirement savings plan with 3% company match • New employees start with 15 vacation days, 6 personal days, and 10 sick days

Apply Now

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