Financial Controller
About the role
The Controller directs the accounting and financial reporting functions of Guaranty Corporation, a Baton Rouge-based holding company with a 100-year history. The company's operations include Guaranty Media, a locally owned radio group and a digital marketing agency, and Guaranty Health Solutions, a national healthcare marketing brand, along with a sizable investment portfolio. Guaranty is pursuing an ambitious growth strategy, bringing its businesses together as one company and investing in the brands and capabilities that will drive its next stage of expansion. Reporting to the CFO, the Controller owns the multi-entity close and consolidation, accounts receivable, internal controls, audit, and financial reporting. This is an opportunity to help build a scalable finance function that supports the company's growth, with meaningful room to expand the role's scope and leadership as the company grows.
Responsibilities
- Leads the accounting function and financial close for Guaranty Corporation and subsidiaries.
- Owns the monthly, quarterly, and annual close for the holding company, its operating businesses, and its passive investment portfolio, delivering accurate results on a firm, predictable calendar.
- Reviews journal entries, account reconciliations, and supporting schedules to ensure the general ledger is complete, accurate, and prepared in accordance with GAAP.
- Oversees revenue accounting for advertising and digital services, including contract and campaign billing, agency commissions, trade and barter arrangements, and deferred revenue, in partnership with the sales support and billing teams.
- Maintains the fixed asset, lease, and prepaid schedules for the operating companies and real estate holdings.
- Oversees accounts receivable, billing accuracy, and collections; directs the accounts receivable function, including maintenance of invoicing controls, cash application, and timely collection of client and agency balances across all brands.
- Monitors AR aging, days sales outstanding, and collection trends, and escalates past-due accounts in partnership with Sales & Strategy and Client Success teams.
- Establishes and maintains credit, collections, and write-off policies, and ensures an appropriate allowance for doubtful accounts.
- Reconciles the AR subledger to the general ledger and works with the billing team to resolve billing discrepancies quickly.
- Accountable for timely and accurate consolidated financial reporting; prepares consolidated income statements, balance sheets, and cash flow statements for Guaranty Corporation, including intercompany eliminations and allocation of corporate costs across departments and brands.
- Consolidates financial results of investment portfolio, including review of financial information provided by the operating partners and proper accounting and presentation of noncontrolling interest.
- Accounts for real estate holdings and the company's stock and bond portfolio, including reconciliation to custodial statements, fair value measurement, and investment income reporting.
- Delivers monthly financial packages, variance analysis, and department and brand-level reporting that leadership trusts and can act on.
- Leads the annual external audit and coordinates with outside advisors on tax filings, including preparation of supporting schedules and financial statement footnotes.
- Protects company assets through strong financial policies, procedures, and internal controls; designs, documents, and enforces internal controls that scale with the business, with clear segregation of duties and review.
- Ensures compliance with federal, state