What are the responsibilities and job description for the Controller position at Shades of Light,LLC?
Shades of Light is one of the fastest-growing e-commerce brands in the $800 billion home furnishings market. We strive to inspire our customers to distinguish their unique style with a highly curated selection of hand-picked and exclusive designs. Shades of Light started from humble beginnings in 1986 as a small, single retail location in historic Richmond, Virginia selling unique, high-style lighting designs. Since that time, the company has grown to become a national, multi-channel retailer of lighting and other home decor products, including rugs, furniture, mirrors, fans and wall decor. True to its heritage though, the company has remained singularly focus on its curated collection of high-style products and unique lighting designs, many of which are produced in-house by the company’s own staff of highly trained artisans.
SUMMARY: Reporting directly to the CFO, the Controller will supervise the daily activities within the accounting department and its staff, and analyze, record, track, audit and report financial information. The Controller will serve as the right hand to the CFO gaining experience and strategic acumen for rapid career growth.
SUPERVISORY RESPONSIBILITIES:
- Directly supervises an accounting team of five.
- Provide mentorship/guidance in the future development of the team.
- Carries out supervisory responsibilities in accordance with the organization’s policies and applicable laws.
- Responsibilities include interviewing, hiring, training employees, directing and managing work, and administering annual performance reviews.
- Partnering with organizational department heads on cross functional teams
DUTIES AND RESPONSIBILITIES:
- Manage the accuracy and timely month-end close and preparation of financial statements.
- Preparation of general ledger journal entries.
- Oversees monthly balance sheet reconciliation.
- Manage and review accounts payable on a weekly and monthly basis for accuracy
- Partner with the Financial Analyst with the preparation of weekly, monthly and quarterly reporting and analyses for the CFO and other members of management and develop reporting and budget variance analysis regarding departmental spending.
- Assists in adoption of new accounting standards including but not limited to researching standard, preparing written accounting policy for company, and preparing new disclosure
- Assists with policy development and offer advice regarding accounting and internal control issues, reporting needs, and policy review and changes.
- Serve as a accounting liaison with system enhancements for SAP Business 1.
QUALIFICATIONS:
- Bachelor’s degree (B.A./B.S.) in accounting or finance.
- MBA or CPA preferred.
- 5-7 years of progressive accounting experience.
- 3-5 years of management experience.
- Ability to work with all levels of management.
- Excellent verbal and written communication.
- Ability to multi-task and work within constantly changing environment.
- Demonstrated ability to plan and organize projects.
- Knowledge of Generally Accepted Accounting Principles (GAAP).
- Knowledge of administrative procedures and systems.
- Proficient in Excel and Accounting software.
- Working knowledge of data collection, data analysis and evaluation.
- Excellent organizational, problem-solving, and analytical skills.
- Experience with SAP Business 1 is a plus, not required.
COMPETENCIES:
Leadership--Exhibits confidence in self and others; Inspires and motivates others to perform well; Effectively influences actions and opinions of others; Accepts feedback from others; Gives appropriate recognition to others.
Teamwork--Balances team and individual responsibilities; Exhibits objectivity and openness to others' views; Gives and welcomes feedback; Contributes to building a positive team spirit; Puts success of team above own interests; Able to build morale and group commitments to goals and objectives; Supports everyone's efforts to succeed.
Problem Solving--Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully; Develops alternative solutions; Works well in group problem solving situations; Uses reason even when dealing with emotional topics.
Analytical--Synthesizes complex or diverse information; Collects and researches data; Uses intuition and experience to complement data; Designs work flows and procedures.
Technical Skills--Assesses own strengths and weaknesses; Pursues training and development opportunities; Strives to continuously build knowledge and skills; Shares expertise with others.
Change Management—Develops workable implementation plans; Communicates changes effectively; Builds commitment and overcomes resistance; Prepares and supports those affected by change; Monitors transition and evaluates results
Ethics--Treats people with respect; Keeps commitments; Inspires the trust of others; Works with integrity and ethically; Upholds organizational values.
Judgment--Displays willingness to make decisions; Exhibits sound and accurate judgment; Supports and explains reasoning for decisions; Includes appropriate people in decision-making process; Makes timely decisions.
Planning/Organizing--Prioritizes and plans work activities; Uses time efficiently; Plans for additional resources; Sets goals and objectives; Organizes or schedules other people and their tasks; Develops realistic action plan
Quality--Demonstrates accuracy and thoroughness; Looks for ways to improve and promote quality; Applies feedback to improve performance; Monitors own work to ensure quality.