Position summary:

The Controller is an important member of the Finance Leadership Team, who collectively work to enable the long-term success and growth ambitions of The Granite Group. The table stake for the Controller role is to manage the day-to-day activities to ensure accurate and timely financial reporting compliant with the Generally Accepted Accounting Principles (GAAP) both internally and externally. This includes presiding over a variety of accounting, accounts payable and consolidation operations while ensuring a proper internal controls environment.

Policies and procedures are in place, but the Controller’s responsibilities will continue to grow over time as The Granite Group grows both organically and through potential acquisitions. As such, the Controller needs to continue to innovate and evolve the business policies and procedures, as well as managing and developing the team talent so that they are an enabler of the overall company’s growth in a sustainable and compliant manner.

This is a dynamic role where proven success in Accounting expertise, operational excellence particularly in the area of month-end close, problem-solving and innovations in process improvements will be critical success factors.

Key responsibilities:

1. Month-end close and financial reporting

• Plan, direct and coordinate month-end / quarter-end / year-end close activities
• Effectively perform month-end/quarter-end close activities in 6 business days and year-end close in 10 business days with an extra business day to complete all reporting needs
• Manage the consolidation of all financial data to ensure accurate accounting of business results
• Research accounting issues to ensure compliance with GAAP
• Manage a team of Accountants to ensure proper monthly account reconciliations
• Analyze and report financial variances
• Prepare financial statements for internal reporting (e.g., Executive Team, Board) and external reporting (banks/lenders, and year-end statutory reports) including variance explanations
• Coordinate activities of external auditors to deliver annual audited financial statements
• Oversee to ensure timely regulatory reporting, including tax planning and compliance
• Perform timely balance sheet review with a team of Accountants, including a quarterly Balance Sheet meeting with the CFO to align on risks and opportunities ahead of time
• Stay on top of the latest FASB developments, adopt new standards as appropriate, and operate as the resident expert with anything GAAP related

1. Business performance management

• Manage cash on a daily basis; ensure proper cash reconciliations are performed
• Maintain and update daily financial forecasts
• Review and analyze all branch financials
• Partner with the branches and other departments as their Advisor to understand their respective financial performance and how their operations impact the financial results
• Assist with the company’s forecast and budget planning processes as needed
• Provide ad hoc assistance, analysis, and reporting as requested by the Executive Team

1. Financial systems and issue resolutions

• Maintain general ledger accounts and financial reports in the ERP system
• Maintain vendor master database
• Identify, investigate, and resolve system-related financial transaction issues
• Help branch operations resolve issues related to order entry, purchase order, inventory adjustment or system costs, etc.
• Work with the ERP team to resolve any issues related to A/P and financial transactions

1. People management

• Hire, train, develop, elevate and retain a team of Accounting and Accounts Payable members
• Current team members include 3 in Accounting and 6 in Accounts Payable; evaluate team member skillsets, hopes, dreams with their roles; realign/elevate as appropriate
• Ensure quality of work of the team members while enabling their growth as professionals

1. M&A integration

• The Granite Group recently acquired Premier Supply Group on 4/25/2024; lead integration effort with respect to day-to-day banking operations (funds flows), reconciliations, month-end reporting, as well as ERP integration
• As The Granite Group continues to expand through potential acquisitions, future integration work may also be needed

1. Continuous improvement

• Maintain and continue to evolve accounting policy and procedures as the company continues to grow and mature
• Identify ways to improve Accounting and A/P operations as an ongoing process, including automation where appropriate
• Evaluate internal controls mechanism
• Evaluate the effectiveness of accounting software and supporting databases; evolve as needed

Essential skills:

• Accounting expertise and experience: must have extensive experience with month-end close activities and year-end audit operations; previous experience as a Controller is a must
• Attention to detail, strong organization skills and the ability to multi-task are table stakes
• Proactive and results-oriented: ability to work efficiently to meet deadlines, goals and objectives
• Independent thinker with strong analytical and problem-solving skills, e.g., demonstrated ability to frame and break down complex problems into digestible chunks
• People manager: proven success in leading and developing teams to new heights
• Strong communication skills, both written and verbal
• Cultural fit is a must: professional and collaborative workstyle
• Dynamic individual; operate with a sense of urgency, while with high level of empathy; a coach, not a police
• People skills: demonstrated ability to establish and maintain effective working relationships with colleagues and others within and outside the organization
• Previous experience using accounting software is required
• Demonstrated comfort with and the ability to learn and adopt new technologies, e.g., strong Excel skills, experience with various ERP and financial applications

Qualifications:

• 4 years college degree in accounting or business is a must
• Must be a registered CPA
• MBA or a Master Degree in Accounting is preferred
• Minimum 10 years in an accounting position with 5 years managing people and 2 years as a Controller

Work environment: General office environment