What are the responsibilities and job description for the Controller position at Turn5 and Careers?
Overview:
Our purpose, however, extends beyond selling car parts. We have a commitment to creating meaningful customer experiences at every step of their journey. Whether it’s supplying a unique product that customizes the look and feel of their ride, providing thousands of educational videos for the DIYer or leveraging user generated content to inspire even the most experienced owner, we are obsessed with ensuring we reach as many like-minded gearheads across the globe.
Reporting to the Chief Financial Officer (CFO), this role will lead the day-to-day accounting operations of Turn5 through direct functional responsibility of the general accounting, accounts receivable, payroll accounting and sales tax accounting functions. The Controller is responsible for the efficient and timely month end close from journal entry review and posting, through profit and loss preparation, review, and commentary. Strong technical accounting skills and background with an emphasis on quality and deadlines are a must. Timely and complete reconciliation and review of the Company’s entire balance sheet is the responsibility of the controller. The Controller should possess a strong desire to learn and grow professionally, improve upon inherited work product, and take on additional responsibilities in a fast paced, growth environment.
Turn5 is one of the largest and fastest growing e-commerce retailers in the Greater Philadelphia area. Best known for our award-winning, e-commerce platforms, AmericanMuscle.com, ExtremeTerrain.com, and AmericanTrucks.com, we’ve been engaging muscle car, truck, and off-road enthusiasts with exceptional products, services, and experiences since 2004. With the acquisition of Eckler’s in 2022, a pioneer in classic car restoration & modification for over 60 years, Turn5’s catalog of brands has expanded to now offer aftermarket automotive products for vehicles as classic as the Model T.
Our purpose, however, extends beyond selling car parts. We have a commitment to creating meaningful customer experiences at every step of their journey. Whether it’s supplying a unique product that customizes the look and feel of their ride, providing thousands of educational videos for the DIYer or leveraging user generated content to inspire even the most experienced owner, we are obsessed with ensuring we reach as many like-minded gearheads across the globe.
Reporting to the Chief Financial Officer (CFO), this role will lead the day-to-day accounting operations of Turn5 through direct functional responsibility of the general accounting, accounts receivable, payroll accounting and sales tax accounting functions. The Controller is responsible for the efficient and timely month end close from journal entry review and posting, through profit and loss preparation, review, and commentary. Strong technical accounting skills and background with an emphasis on quality and deadlines are a must. Timely and complete reconciliation and review of the Company’s entire balance sheet is the responsibility of the controller. The Controller should possess a strong desire to learn and grow professionally, improve upon inherited work product, and take on additional responsibilities in a fast paced, growth environment.
Year 1 is going to be about:
- Overseeing and managing the Company’s month end close in partnership with the Director of FP&A, income statement, and income statement commentary with a focus on actual to planned results variance explanation, month to month fluctuations, and root cause identification. Includes a close and open partnership with the FP&A team in communication of results and relevant drivers to business unit partners.
- Utilizing strong technical skills to oversee and manage the Company’s balance sheet and related processes including all general ledger accounting, standard reporting, and ad hoc reporting. More specifically, the effective and efficient reconciliation of the Company’s cash, accounts receivable, prepaids, fixed assets, leases,, short- and long-term liabilities, and deferrals/reserves.
- Providing day to day supervision and guidance to assigned staff of 11; including the identification of process improvements with the ability to lead and/or support process improvement execution across departments.
- Partnering with the Company’s Merchandising team to ensure proper accruals and capture of all vendor rebates and discounts. Creating and communicating actionable visibility into vendor relationships identifying areas for improvement and potential cost saving measures.
- Acting as the primary liaise with the Company's independent auditors in their quarterly cycle counting procedures and annual financial statement audit.
- Assisting in the identification, analysis, and implementation of revenue generating or expense saving opportunities in the Company.
- Assisting in the assessment, design, and implementation of internal controls over financial reporting and other business process improvements.
We can’t skip over some of the specific skills and experience we know are a “must” to be successful. So, we need you to have:
- Bachelor’s degree in Accounting or Finance
- CPA or MBA in progress or completed - required
- 7 years accounting experience including 3 years supervisory experience preferred
- Exceptional technical accounting skills supported by a strong understanding and knowledge of Generally Accepted Accounting Principles (GAAP) with the ability to research guidance (ASC), formally document accounting positions, and communicate across financial and non-financial business partners.
- Extremely deadline driven, possessing the ability to meet assigned personal and team deadlines as well as excellent short and long-term planning techniques.
- Thorough understanding and ability to design, implement, and execute the timely reconciliation of all balance sheet accounts. Including the maintenance and management of the Company’s reconciliations library and supporting documentation.
- Prior experience managing the flow of US and Domestic inventory through the financials is required.
- Impeccable attention to detail and organizational skills are a must.
- Advanced proficiency in Microsoft Excel as well as data management and analysis.
- Proficiency in Outlook, PowerPoint, and Word.
- Experience with accounting systems, specifically Microsoft Dynamics GP preferred.
- Excellent written and verbal communication skills with the ability to communicate financial issues with non-financial professionals of all levels.
- High degree of personal integrity, with a focus on accuracy and completeness.
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