This position of Controller will perform Full Cycle accounting from managing all transaction activity from accounts payable, accounts receivable, cash management as well as preparation of the monthly financial statements. Oversee the work of the accounting staff and others as needed. Responsible for maintenance of the company’s pro-forma financial model.
Essential Duties and Responsibilities:
Overseeing the accounting staff and manage:
Accounts payable function including entry and coding of supplier invoices into the sub-ledger, relationships with suppliers, ensuring that a weekly aging is prepared, and vendors are paid according to negotiated terms
All accruals of outstanding liabilities on a monthly basis for financial statement accuracy
Monthly bank reconciliation for all bank accounts
Maintain accounts receivable including entry and coding of customer invoices into the sub-ledger, preparing a weekly aging and managing timely collection efforts
Manage the cash cycle including monitoring daily account balances and transferring between accounts to ensure there are no shortfalls as well as updating cash flow models
Manage expense report entry and disbursement
Prepare checks and wire transfers
Responsible for monthly closing entries, financial statement preparation and other reports as required
Comply with federal, state and company policies procedures and regulations
Ensure that all payroll disbursements are accurate including computing deductions for income and social security taxes, etc.
Monitor status of loans and accounts to ensure that payments are up to date
Prepare pro-forma revenue forecast
Using historical data prepare a pro-forma analysis of costs to estimate gross margin by category and create estimates for all expenses below the gross margin line
Prepare 4-wall financial statements by location
Using key assumptions, prepare a pro-forma income statement, balance sheet and cash flow statement annually and then spread monthly
Update pro-forma model with monthly actual for tracking purposes
Manage and maintain all financial relationships including banking and credit processing, etc.
Prepare weekly management reporting for members for members of the management team that could include operational metrics and an executive level dashboard
Complete and submit tax forms and returns, workers’ compensation forms, pension contribution forms and other government documents
Assist with the development of an improved accounting environment to effectively manage operations and accountability including systems
Lead and actively participate in the annual financial audit, including work paper preparation.
Serve as the primary liaison of the annual audit process from planning and scoping to the issuance of the annual report
Compile weekly reports pertaining to cash receipts, expenditures accounts payable and receivable, and profits and losses
Maintain inventory records
College degree required; CPA highly preferred
10+ years as an accountant along with 2+ years as a controller
Experience with accounting system implementation highly preferred
Emphasis on B2C / Retail highly preferred
Roll-up your sleeves and get things done personality
Physical Requirements/Work Environment
This position primarily works in an office environment. It requires frequent sitting, standing and walking. Daily use of a computer and other computing and digital devices is required. May stand for extended periods when facilitating meetings or walking in the facilities. Some local travel is necessary, so the ability to operate a motor vehicle and maintain a valid Driver’s license is required.
The physical demands of the position described herein are essential functions of the job and employees must be able to successfully perform these tasks for extended periods. Reasonable accommodations may be made for those individuals with real or perceived disabilities to perform the essential functions of the job described.
MNG ENTERPRISE is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state or local law.