Controller

RESPONSIBILITIES:

• Plan, direct, and control the company’s accounting and financial activities, ensuring compliance with Generally Accepted Accounting Principles (GAAP), statutory guidelines and internal financial policies and procedures.
• Establish and maintain systems and controls that verify the integrity of all systems, processes, and data, and enhance the value of the companies.
• Prepare monthly financial statements, comparing the budget and prior year, and analyzing variances.
• Provide monthly tracking of key performance indicators, financial covenant compliance, identifying key trends, developments, and action items.
• Track raw materials, procurement requirements, inventory movement, in-stock quantities, production volumes, product sales and intercompany transfers.
• Develop and lead annual budgeting process, report results, variances, and corrective actions to assure budgeted goals are achieved.
• Develop, implement, and enforce policies and procedures of the organization that will improve the financial performance of the companies.
• Keep software releases up-to-date and identify opportunities/lead efforts to integrate a more robust IT platform into all facets of company operations.
• Review capital purchase requests for management approval, maintain supporting documentation.
• Negotiate service contracts and coordinate with payroll provider; lead payroll (ADP).
• Maintain the business insurance policies of the companies.
• Supervise process of filing sales and use tax returns.
• External reporting (e.g. bank, tax, etc)
• Cash management, including preparing and maintaining a detailed cash flow projection, recognizing the need to increase scrutiny as necessary.
• Coordinate month-end and year-end closing processes in a timely and accurate manner.
• Improve the efficiency of the accounting and financial procedures for the companies.
• Supervise and coordinate implementation of new accounting and ERP software modules as appropriate.
• Work with COO on hiring of employees, employment practices and policies, and basic transactional human resources responsibilities.
• Provide effective management of accounting team including directing work, delegating tasks, developing skills, evaluating performance, and training.
• Reconciles bank statements and balance sheet accounts.
• Accounts for the accuracy of the income statement and balance sheet.
• Posts monthly journal entries to GL consistent with GAAP.
• Ensures that intercompany balances are reconciled.
• Accounts receivable lead.
• Ensure all invoices are entered weekly and post payments daily.
• Processes check runs of varying frequency in accordance with vendor terms.
• Handles vendor files and inquiries; maintains all vendor files.

REQUIREMENTS:

• Bachelor’s degree in accounting required.
• Master’s degree preferred.
• Minimum five years of professional accounting experience including transactional and
• analysis responsibilities.
• Experience with multi-company/divisional financials and share services highly desirable.
• Knowledge of accounting including Generally Accepted Accounting Principles.
• Experienced user of QuickBooks – desktop & online.
• Proficient in Microsoft Word, Outlook, and Excel.
• Superior standards regarding integrity and sound business ethics.
• Ability to analyze, problem solve, and reach resolution.
• Take charge in improving processes, seeking efficiencies, and implementing best practices.
• Excellent computer skills including Excel (intermediate to advanced skills required), Word and Outlook.