Controller

The ideal candidate is a detail-oriented individual who will oversee the company's financial records and account personnel. You will be responsible for maintaining all procedures and controls related to the company's financial accounts. 

Responsibilities

·        Ability to lead the finance team, including Accounts Receivable, Accounts Payable, Billing, Accounting, and IT personnel, providing support, training, and guidance.

·        Responsible for all aspects of the financial performance of the company, including but not limited to:

o  Preparation of monthly financial reports for a multi-location business in a timely manner

o  Reconciliation of all Balance Sheet accounts and income/expense analysis

o  Provide reports as needed to assist management in understanding financial trends

o  Daily reconciliations of transfers between locations

o  Preparation of daily roll forward schedules for Accounts Receivable and Inventory

·        Knowledge of various Treasury aspects:

o  Daily reconciliation of all bank accounts

o  Daily update of cash forecast to allow for transfer of funds to investment accounts

o  Monitoring of ABL and preparation of monthly Borrowing Base statements

o  Daily updates to online banking systems for positive pay and ACH vendor payments

o  Preparation of reports for bank audit when required

·        Various accounting activities:

o  Review of bi-weekly payroll and posting of payroll to the General Ledger

o  Monthly accruals for worker’s comp insurance, accounts payable, payroll and incentives, vendor and customer rebates, ABL interest, and property tax

o  Calculation of sales personnel commissions and departmental incentives

·        Knowledge of fixed asset accounting and FAS software

·        Knowledge of ERP systems and strong Excel skills

·        Knowledge of ROU accounting for operating leases

·        Knowledge of sales tax report preparation and reconciliation of sales tax payable to accounts receivable

·        Preparation of annual property tax and freeport exemption tax returns

·        Preparation of all schedules required by outside auditors for the annual financial audit

·        Knowledge of health benefits, including medical self-insurance

o  Monthly reconciliations of benefit invoices with employee deductions

·        Preparation of 401K employer distribution schedule to assure proper allocation of discretionary employer contributions to eligible employees

·        Knowledge of general liability and worker’s compensation insurance and maintenance of COIs and access agreements that meet Magbee’s requirements for both on premises vendors and on job-site sub-contractors

Qualifications

• Bachelor's degree in Accounting or 5 - 7 years of related experience
• Fluency in Microsoft Office suite (Outlook, Excel, Word, PowerPoint, etc.)
• GAAP knowledge, CPA preferred
• Strong written, verbal and collaboration skills