Job Description

Summary

The Controller is a critical role with purview over the company’s finance team. The Controller has the overall responsibility for the entity’s accounting operations and timely & accurate financial reporting (including financial reports for licensing), overseeing accounting and personnel, and managing all aspects of accounting while ensuring policies and procedures are followed, including all relevant federal and state regulatory rules.

The Controller role will work directly with the company’s external and internal auditors, and is a position that requires an expertise and understanding in all aspects of the technical accounting and SEC reporting, including joint venture accounting, revenue recognition from contracts with customers, loan and debt securities with deteriorated credit quality, debt issuance costs, equity and equity based compensation, variable interest entities, and hedging.

The company is focused on growth which provides this position with upward mobility. The position will require a hyper-inquisitive mind and a nonstop continual drive for improvement.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

• Must identify, drive and implement process change opportunities and initiatives throughout the organization and other impacted organization. Will lead, facilitate and bring to consensus cross-functional task teams in the design, implementation and sustainment of new process solutions to support specific product development efforts.
• Provide management with timely reviews of organization's financial status and progress in its various programs and activities.
• Advise upper management on desirable operational adjustments due to tax code revisions.
• Review and maintain financial records to ensure accessibility and readiness for internal and external needs, including auditors.
• Manage monthly, quarterly and annual close:
• Issue timely and complete monthly and quarterly and statements and reporting package with supporting schedules
• Prepare quarterly and annual financial statements including supporting schedules
• Preparation of management discussion and analysis for all constituents
• Resolve accounting discrepancies and irregularities
• Review of subsidiary consolidated financial statements prepared by finance team
• Arrange for audits of company's accounts.
• Prepare and analyze accretion revenue and portfolio performance on monthly basis.
• Supervise and train accounting staff:
• Establish processes and procedures, create templates for staff to ensure general ledger records are updated in compliance with GAAP
• Review the general ledger and analyzes to ensure all accounts are reconciled and transactions are recorded properly
• Prepare advanced journal entries in compliance with GAAP
• Review Bank Reconciliations and other month-end work products prepared by staff
• Review cash transactions and prepares transaction summary for A/P to generate year-end 1099 and 1096 forms
• Support routine and situational SEC filings working in concert with the CFO.
• Develop, implement and/or makes enhancements to accounting control procedures.
• Prepare reports which summarize and forecast company business activity and financial position in areas of income, expenses, and earnings based on past, present, and expected operations.
• Direct preparation of budgets, reviews budget proposals, and prepares necessary supporting documentation and justification.
• Direct determination of depreciation rates to apply to capital assets
• Supervise and collaborate with A/P and A/R departments, as needed
• Read business agreements to determine the effect on accounting, and to ensure the company stays in compliance and meets all covenants.
• Monitor compliance with local, state, regulatory and government requirements, including:
• Review or prepares financial data or reports for business licensing renewals and property insurance renewals
• Prepare reports for regulatory agencies
• Assemble and prepares schedules for tax preparation
• Takes on assignments for other related duties as directed by the Senior management team:
• Develop and compiles financial and operating metrics to measure financial performance
• Assist with preparation for staff training and makes presentation
• Assist in bank presentations as requested
• Advise management about insurance coverage for protection against property losses and potential liabilities.
• Coordinates and oversees Sarbanes Oxley Section 404 compliance and testing.

SUPERVISORY RESPONSIBILITIES

Manages subordinate supervisors who supervise employees in the Accounts Payable, Accounts Receivable, Audit Review and Financial Reporting. Is responsible for the overall direction, coordination, and evaluation of these units. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

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.

• Excellent knowledge of Generally Accepted Accounting Principles and ability to research accounting standards
• Public Accounting experience with auditing of SEC listed companies is highly preferred
• Leadership
• Extremely high business ethics
• Meeting critical deadlines with high quality work product
• Adding value with knowledge of processes and potential improvements
• Highly organized and able to multi-task
• Able and willing to “roll up your sleeves” and perform detailed tasks
• Strong Analytical skills and attention to detail; problem solving skills
• Self-starter with rapid adaptability to face-paced environment
• Identify, drive and implement change opportunities and initiatives

EDUCATION AND/OR EXPERIENCE

• Bachelor’s degree (B.S.) in Business, Accounting, or Finance, or equivalent, MBA a plus.
• Active CPA required with at least 10 years experience.
• SEC experience at National CPA Firm is a plus; and/or experience with a publicly traded company.
• Experience with small or micro-cap publicly traded entities a plus.

LANGUAGE SKILLS

Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to effectively present information to top management, public groups, and/or boards of directors.

REASONING ABILITY

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

COMPUTER SKILLS

To perform this job successfully, an individual should have knowledge of Accounting software (preferably NetSuite or similar); Contact Management systems; Database software; Internet software; Inventory software; Manufacturing software; Order processing systems; Payroll systems; Spreadsheet software and Word Processing software. Advanced Excel and Word usage preferred.

Company Description

Award-winning, leading sports nutrition company offering branded nutritional supplements. Known within the sports nutrition world – has a reputation for high-quality, safe, effective and clinically-proven supplements, helping athletes everywhere achieve goals related to strength, lean muscle growth, endurance, weight-loss, rapid recovery, athletic performance and general wellness.