Overview: Driven Brands is the worlds leading automotive aftermarket franchise company.
Based in Charlotte, North Carolina, the companys growing portfolio of brands includes Meineke Car Care Centers, 1-800 Radiator, MAACO Franchising LLC., Take 5 Oil Change, Drive N Style, and CARSTAR Collision Repair and Auto Painting.
The Company also has offices outside of San Francisco and Toronto and is one of the fastest growing companies in the Southeast.Company OverviewDriven Brands (www.drivenbrands.com) is a leading franchisor in the aftermarket automobile services and parts distribution industries with national franchising platforms in the United States and Canada.
Through its diversified base of 2500 operating locations across all 50 states and ten Canadian provinces, the Company offers a comprehensive line of automotive services, including general repair and maintenance, quick lube, automotive paint, collision, parts distribution, and appearance refinishing services.
Driven Brands is approximately 90% franchised, services over 5 million vehicles annually, and generated more than $2 billion in system-wide sales in 2016.Driven franchises, owns, operates, and manages retail and service locations under the core brands of Take5 Oil Change, CARSTAR, MAACO, Meineke, and 1-800-Radiator & A/C (1-800-Radiator).
Drivens flagship consumer brands, MAACO, Take5, CARSTAR and Meineke, represent the most well-known brands in the automotive aftermarket services industry, and 1-800-Radiator is the largest franchised automotive parts distributor in North America.
Drivens primary business is to serve as the franchisor of its brands.
Driven receives one-time franchise license fees and ongoing royalties in consideration for granting franchisees the right to operate centers and to use the Companys business systems, trade names, trademarks, service marks, logos, and trade secrets.
Each brand generates hundreds of millions of dollars in sales, tens of millions of dollars in revenue, and operates or franchises hundreds of outlets across the country, and in certain instances, internationally.Driven is headquartered in Charlotte, North Carolina and lead by CEO Jonathan Fitzpatrick who has coordinated a near tripling of the business in his four years at the helm.
Driven was acquired in April of 2015 by Roark Capital with the intent of utilizing the existing business platform and management team to significantly grow its businesses thru enhancements to the existing brands and a commitment to substantial acquisition growth.
Roarks short ownership tenure has seen meaningful investment in Driven by virtue of the acquisition of the 1-800-Radiator business, Take5 Oil Change and almost 300 additional bolt-on quick lube units that will be converted to our flagship Take5 platform.
Roark has also helped put in place a securitized financing platform that affords access to a deep pool of cost-effective capital to drive the growth goals.Roark Capital Group is an Atlanta-based private equity firm with over $6 billion in equity capital and commitments raised.
Since its inception, Roark affiliates have acquired 59 franchise/multi-unit brands generating over $23 billion in system revenues from 26,000 locations in 50 states and 75 countries.
Roark is the quintessential great partner providing excellent guidance, support and resources to its portfolio companies, including Driven and MAACO.The Companys systems, infrastructure and experience make Driven the leading franchisor in the automotive aftermarket services industry.
The Companys franchise business is organized between services that are brand specific and those that are common to all of the brands.
Common or shared services include finance, accounting, human resources, information technology, and other back-office functions.
Brand specific services include franchise operating system design and maintenance, product sourcing, training and marketing.
Each brand has a separate management team responsible for these brand specific services which, in turn, is supported by Drivens highly experienced executive management team.Today, Driven employs about 500 professional and administrative staff representing the lifecycle of a retail and franchised business: sales, marketing, development, operations, acquisition and divestiture.
Driven is a meritocracy at every level of the Company.
Value is placed on accomplishment, working in an open and collaborative environment, and growing the business and its people in a transparent and objective manner.
For more information in Driven Brands visit their website: (www.drivenbrands.com) Responsibilities: Assisting in the preparation of monthly, quarterly, and annual financial statements.Reporting and maintaining internal and franchisee advertising fund statements across the businessPreparing financial statements related to the Companys securitization financial statements.Assisting shared services with month-end close journal entries and close processes.Working with business units and other departments to resolve technical accounting issues as they arise.Ad hoc financial reporting projects.Working with external auditors to provide support and answer questions.
Qualifications: 1-3 years of experience with a Big 4 firm or similar role in a Fortune 1000 company in a corporate accounting environment.Strong knowledge of GAAP.
A CPA is preferred.The position requires strong interpersonal communication skills, with excellent verbal and written communication skills.IND1