Corporate Controller

About the role

Direct the accounting and finance team for a global business including trade receivables, trade payables, cost accounting general ledger, treasury management, and information technology. Working with the FP&A manager, complete the month-end and year-end reporting packages.

Domestic General Accounting

• Oversee the Domestic Accounting Manager who manages a team of 7 including accounts receivable, accounts payable, cost accounting and all general ledger activity.
• Ensure US balance sheet is properly stated, and all balance sheet accounts are reconciled.
• Perform variation analysis on the P&L.
• Oversee cost accounting for costing of the products, LIFO, R&D tax credit, product development projections, inventory control, and reporting COGS results during the month-end close process.
• Ensure cost accounting practices are following and all products and inventory are properly costed.
• Work with the cost accounting team to develop best practices for costing.

International General Accounting

• Oversee the International Accounting Manager who manages a team of 5.
• Oversee the accounting for all foreign subsidiaries including but not limited to: local GAAP compliance, US GAAP compliance, transactional completeness, proper cut-off and inventory oversight.
• Manage all reporting of foreign entities including monthly and quarterly financial analysis.
• Working with the International Accounting Manager ensure all vendors and inter-company invoices are processed timely.
• Monitor subsidiary cash positions and past due trade receivables.
• Review the balance sheet and income statement of each foreign entity to ensure accounts are properly reconciled.
• Manage all corporate documents relating to the foreign entities.
• Oversee audits that occur at the foreign subsidiaries.
• Monitor and implement Income, Franchise, and VAT tax changes.
• Manage various reporting, including but not limited to, other requested reports, industry analyses, audit reporting, tax reporting, ROI analyses, etc.
• Review transfer pricing on an annual basis.

Financial Reporting

• Monitor and implement GAAP and IFRS reporting requirements and changes.
• Complete contribution margin analysis for the foreign subsidiaries.
• Complete Cost of goods sold and gross margin consolidated bridge reports.
• Close the books in a timely manner (target is 5 business days) ensuring all balance sheet accounts are properly stated, and P&L variation analysis is completed.
• Update each subsidiary reporting package on a month basis.

Information Technology

• Manage the IT requirement for the finance / accounting group including being the lead on all annual updates and major IT initiatives.
• Monitor and assist in maintaining the General ledger and Standard Chart of Accounts.

Banking & Insurance

• Manage banking relationships and all on-line controls of banking software.
• Approve wire and ACH payments.
• Oversee cash management for the global business including hedging transactions.
• Help manage excess cash investments.
• Oversee general insurance renewal and placement of proper insurance coverage to protect company’s financial interests.

Other Attributes

• Sundry due diligence assistance acquisitions, and financing transactions.
• Continual development of reporting/system efficiencies and standardizations which reduce time requirements and increase quality of reporting, report preparation, reviewing and analyzing the company.
• Continual development of process improvements, use of technology to create efficiencies, streamlined processes, and removal of paper and costs from current environment to improve customer service.
• Maintain appropriate internal controls to properly safeguard company’s assets, products, and customers.

Staff Supervision

• Assign and review work, as well as provide guidance when needed.
• Recommend salary increases/reclassifications, approve hires, promotions, terminations, and/or administer discipline within span of authority.
• Interview prospective associates and assist with training of new associates in corporate accounting, accounts payable, accounts receivable, etc.

Qualifications

• Bachelor’s degree in Business/Accounting and 10+ years or more of experience with 5 years supervisory experience.
• CPA required.
• Knowledge of MS-D365, Windows, Excel, Word, Outlook, and familiarity with GAAP and IFRS reporting rules.