What are the responsibilities and job description for the Controller position at Lorann Oils, Inc.?
Controller – LorAnn Oils
Schedule: On-site with remote on occasion.
Reports To: President, interacts with leadership
Position Summary:
LorAnn Oils is seeking a detail-oriented and experienced Controller to lead our accounting operations and support strategic financial planning. This role oversees accounts receivable and payable, financial reporting, audits, payroll, and benefits administration. The Controller supervises an experienced accounting team and collaborates closely with leadership to ensure financial integrity and operational efficiency.
Why LorAnn?
LorAnn Oils is a family-owned business with a strong reputation for quality, innovation, and customer service. Founded by Pharmacist O.K. Grettenberger in Okemos, Michigan in 1962, LorAnn now employs over 60 people and serves a wide variety of businesses both domestically and abroad. LorAnn’s products are manufactured in Lansing, Michigan and are sold to retail stores, bakers, candy makers, manufacturers, health practitioners, and home consumers. Join a collaborative team where your expertise will directly impact our continued growth and success.
Key Responsibilities
Accounting Leadership
· Responsible for all accounting functions, including AR/AP and financial statement preparation
· Supervise and direct AR Managers and AP Assistants
· Ensure compliance with internal controls and financial policies
Accounts Receivable
· Manage AR processes, policies, and collections
· Oversee credit terms and communications to past due customers
· Supervise AR team members and internal AR processes
Accounts Payable
· Supervise AP team and ensure timely reconciliations
· Review and process invoices and manage payments
· Approve vendors and manage ERP system setup
· Handle disputes, credits, and lost payments
Financial Reporting & Tax
· Prepare monthly and year-end financial reconciliations
· Administer corporate credit card accounts
· File monthly taxes (MI, VA, OH) and coordinate year-end filings with CPA firm (Plante Moran)
· Respond to audits and tax notices (Sales Tax, Unemployment, Workers Comp, etc.)
Strategic Support
· Collaborate with the President and leadership team on budgeting and forecasting
· Manage cash transfers and investment account activity
Payroll & Benefits
· Assist with bi-weekly payroll and benefit deductions
· Support financial tasks related to HR
Qualifications
· Bachelor’s degree in Accounting or Finance
· Minimum of 3-5 years of relevant Management experience
· Strong leadership and communication skills
· Proficiency with Microsoft Business Central ERP is preferred
· Experience working with external auditors and tax professionals
Job Type: Full-time
Pay: $100,000.00 - $120,000.00 per year
Benefits:
- 401(k) matching
- Dental insurance
- Health insurance
- Paid time off
- Profit sharing
- Vision insurance
Work Location: In person
Salary : $100,000 - $120,000