NOTE: The statements herein are intended to describe the general nature and level of work being performed by employees assigned to this classification. Such statements are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.
Reports to (Job Title)
The Controller oversees the activities of the entire accounting department ensuring proper execution of accounting department. The Controller is tasked with the implementation of appropriate financial controls in order to ensure compliance with accepted accounting processes and legal requirements. Responsible for budgeting, financial data analysis, record-keeping, and financial reporting to senior financial management. The Controller is involved in all aspects of financial management, inclusive of corporate accounting, budget and forecast preparation, internal regulation, and financial reporting.
- Development, analysis, and interpretation of statistical and accounting information in order to appraise operating results in terms of profitability, performance against budget, and other matters bearing on the fiscal soundness and operating effectiveness of the organization.
- Responsible for the evaluation of the performance of personnel in the Accounting Department. This individual recommends training requirements, has the duty to keep the staff at the highest level of skill necessary to meet company needs and objectives, and may recommend that personnel be hired or removed from the Department.
- Maintains the company’s system of accounts and keeps books and records on all company transactions and assets.
- Establishes major economic objectives and policies for the company and prepares reports that outline the company’s financial position in the areas of income, expenses, and earnings based on past, present, and future operations.
- Manage company overall cashflow to include reporting mechanisms to the Owner.
- Coordinates and directs the preparation of the budget and financial forecasts, institutes and maintains other planning and control procedures (including the cost accounting system) and analyzes and reports variances.
- Is responsible for assisting in tax planning and compliance with all federal, state, and local corporate, payroll, and other applicable taxes. Strong understanding of tax laws and tax filings
- Furnishes internal reports, revises and updates reports to be more useful and efficient and furnishes external reports as necessary.
- Determines depreciation rates to apply to capitalized items and advises management on desirable operational adjustments due to tax revisions.
- Evaluates and recommends insurance coverage for protection against property losses and potential liabilities.
- Financial Analysis & Reporting: The Senior Controller has been tasked with analyzing, recommending, and implementing necessary improvements across the finance landscape of the business in order to ensure integrity. Generates regular consolidated financial reporting that is timely, accurate, and usable by the business in assessing its financial position.
- The Controller personally reviews financial issues that directly impact the business’s financials inclusive the business’s expenses that have to be reimbursed to the business and all deductible and non-deductible tax items. At the direction of the Owner, the Senior Controller also analyzes the financial impact of major business operational issues and decisions affecting the business and delivering timely reports as requested.
- Financial Management: The Controller will also perform and direct treasury functions within the business specifically including banking relationships and management. Supervises the business’s process in order to select weekly/monthly/quarterly payments in accordance to the financial obligations and liquidity levels of the business.
- Performs closing process and prepares supporting schedules and work papers for the periodical financial review and financial audits. In this capacity, the Senior Controller further reviews accounting entries on a regular basis in order to ensure that there is accuracy and timeliness, maintaining a strict confidentiality of operational, financial, and business information.
- Collaboration: The Controller’s role is a very collaborative one and, in that works hand-in-hand with the executive team to uncover potentially adverse finance issues early enough to react.
- The Controller also conducts audits and avails the realized information to external auditors who then compare them with their own financial analyses. Acts as the primary liaison for external auditors during operational and financial audits.
- Knowledge: The Senior Controller works to maintain knowledge and awareness across the finance department, where he ensures that there is compliance with all state and local regulatory requirements and that the department is up to date on all existent and developing accounting/financial principles.
- The Controller must have a bachelor’s degree (Master’s preferred) in Finance or Accounting. The equivalent of the same in practical experience is also acceptable. CPA certification is also desirable for the position.
- Experience: A candidate for this position will have at least 5 years of working experience in a Controller position within a fast-paced and dynamic environment. The candidate must have had vast proven and successful experience in progressive management and financial/accounting analysis experience in a managerial position.
- Must also be highly familiar with dynamic accounting software and have a demonstrated ability to maintain confidentiality of financial information. A suitable candidate must also demonstrate knowledge and experience in general accounting principles and practices.
- Must have experience in the service industry
- QuickBooks experience is a must
- Should have experience managing a team
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