Controller ( Full Time / Western Mass)

Posted 1 week ago

Controller – Full Time, Western MA

Our client, a food manufacturing company located in western Massachusetts, is looking to fill the role of Controller.

This Controller position will lead the company’s finance department focused on financial accounting, reporting, expense management and will be responsible for preparing month end closings and consolidations. They will oversee all transactional components of accounting and its related subsidiaries. Key focus on assisting in monitoring and increasing visibility on spend, reducing risk in all financial processes, and driving best practices as the business propels through growth.  In addition, this role will be responsible for maintaining accounting principles, practices and processes to ensure accurate and timely financial statement preparation in accordance with Generally Accepted Accounting Principles and other regulatory requirements. They will oversee the department operations, transactional processing and personnel.  Reporting to this position will be the personnel associated with receivables and payables which will include the tasks of invoicing, collections, disbursements and the receipt of goods.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Maintain a thorough understanding of the NAV Chart of Accounts, financial reporting and general ledger structure as it relates to the impact of the transactional coding.Learn and expand the abilities of the NAV ERP solution.
  • Maintain detailed records to support all entries.This includes all related agreements and contracts and lease agreements. Maintain and assist with all equipment leases.
  • Supervise the daily operations of cash control, receivables, payables and the receipt of goods and other financial impactful areas i.e., payroll, credit cards etc.
  • Cash Control: Covers all financing related relationships / accounts with the daily management of inflows and outflows of all bank accounts with a minimum of monthly reconciliations to the General Ledger.Assists with Cash management and cash forecasting as required as well as borrowing base calculations.
  • Receivables:Manage the analysis of delinquent accounts and provide recommendations for resolution.  Flag Deduction Management issues and coordinate with other departmental personnel for resolution.  Ensure professional relationships are established and maintained with customers.  Enlist the assistance of our Sales and Operational Teams for proper resolution of disputes.
  • Payables: Manage the accuracy / timely coding, approval and processing of all payables according to the terms established and the execution of all payment discounts.Develop and ensure vendor management is optimized.
  • Ensure compliance in reporting and filings related to financing, government and tax authorities.Most noted are the requirements for:  banking, OSHA, Meals Tax, Sales/Use Tax, Fuel Tax, RMV, EZ Pass, State Annual Filings and the IRS annual filings to name a few.
  • Ensure the timely and accurate reporting of all monthly/quarterly financial information through the effective management of the closing process.Ensure GL transactions are recorded properly.
  • Assist in the completion of the monthly comparative, consolidated financial statements.
  • Monitor and analyze departmental workflows to develop more efficient procedures/processes with the use of current and planned resources.Serve as department liaison with other departmental managers.
  • Provided training to new and existing staff as needed. Handle personnel issue relating to accounting staff.
  • Establish, communicate and monitor weekly and monthly goals within the department as well as with “vendors” of the accounting department.
  • Manage related accounting personnel for the effective execution of the accounting function.Strive for Best Business Practices which will include well thought out business controls, checks / balances, as we deploy improved methods related to the concept of segregation of duties. Support the CFO in specials projects and other related work.
  • Support and work with all other departments, ensure best practices are being followed and communicated.
  • Other projects/duties as assigned.
  • Month end closings, annual Audits and any other ad-hoc analysis and duties to support F&A Department
  • Special projects as necessary

SUPERVISORY RESPONSIBILITIES

Directly supervises the following personnel: Accounts Payable, Accounts Receivable and staff accountants

QUALIFICATIONS 

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Bachelor’s degree in Accounting, Finance, or Business Administration required or in process, CPA a plus or public/private mix
  • 5+ years of related accounting experience; corporate accounting experience for company with revenues greater than $100M preferable
  • Exposure to consolidations, US GAAP, controls and processes, experience with process improvements, ability to performed detailed account analysis in general ledger and sub ledgers.
  • Strong written and oral communication skills
  • Experience with accounting ERP applications, preferred Microsoft family i.e. NAV, GP or BC.
  • Ability to successfully multi-task the management and delivery of multiple complex projects in a dynamic, fast-paced environment
  • Strong ability to meet deadlines
  • Ability to get along with diverse personalities, tactful, mature, flexible. Strong analytical and reasoning abilities. Sound judgment.
  • In office/On site – but with flexibility

Education and/or Experience

Bachelor’s degree (B. S.) from four-year college or university (specializing in Finance or Accounting); a minimum of two – four years related experience and/or training in a related field.

Language Skills

Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals.  Ability to write routine reports and correspondence.  Ability to speak effectively before groups of customers or employees of organization.

Mathematical Skills

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.  Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.

Reasoning Ability

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to use hands to finger, handle, or feel; talk or hear; and taste or smell.  The employee is occasionally required to stand, walk, and sit.  The employee must occasionally lift and/or move up to 25 pounds.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  The noise level in the work environment is usually moderate.

While performing the duties of this job, the employee is occasionally exposed to wet and/or humid conditions, moving mechanical parts, fumes or airborne particles, toxic or caustic chemicals, risk of electrical shock, and vibration.  The noise level in the work environment is usually low.