Controller
2 months ago
Arnold Packaging is a rapidly growing packaging manufacturer and distributor of packaging materials. Founded in 1933, our decades of industry expertise combined with an unending investment in technology gives us the ability to serve our clients better. We launched an automation division in 2017 focused on designing and integrating technology to help make manufacturers and ecommerce distributors more productive. With a commitment to quality, sustainability, and customer satisfaction, we’ve built a reputation for excellence in the industry.
We are seeking a talented and experienced Controller to join our team and help drive our financial strategy. This person will report directly to – and work closely with – the President on financial initiatives.
Position Overview:
The Controller will play a crucial role on the Arnold Packaging Executive team, managing the company’s financial health and ensuring its long-term financial stability. The ideal candidate will have a strong background in finance and accounting, along with the ability to lead and inspire a team.
Key Responsibilities:
- Oversee and manage the monthly closing process to ensure timely and accurate financial reporting.
- Oversee accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements.
- Conduct comprehensive financial planning and analysis to support strategic decision-making.
- Manage department level transactions, recording and reporting.
- Ensure compliance with accounting standards and regulations, including ASC 606 (Revenue Recognition), ASC 805 (Business Combinations), and ASC 842 (Leases).
- Lead ERP integration projects to streamline financial processes and improve system efficiency.
- Manage treasury functions, including cash flow management, banking relationships, and investment strategies.
- Develop and maintain internal controls to safeguard company assets and ensure the integrity of financial information.
- Coordinate the provision of information to external accountants for the annual reviewed financial statements and tax returns.
- Comply with local, state, and federal government reporting requirements and tax filings in Maryland and surrounding states.
- Oversee the administration of the company’s 401k plan.
- Provide leadership and mentorship to the accounting, purchasing, HR and IT teams (five direct reports), fostering a culture of continuous improvement and professional development.
- Support the President in various financial and operational initiatives, including budgeting, forecasting, and financial analysis.
- Prepare and present financial reports to senior management.
- Assist in the evaluation and execution of asset-based lending transactions and other financing activities.
- Oversee costing activities, ensuring accurate allocation of costs to products and services.
- Manage and develop the accounting, purchasing, HR and IT team members (5 direct reports).
- Complete other tasks as assigned by ownership, offering assistance when needed.
Qualifications:
- Minimum of Bachelor’s degree in Accounting, Finance, or a related field.
- Proven experience as a Controller or Accounting Manager within the distribution or manufacturing industry.
- Strong proficiency in ERP systems and experience with ERP integration projects.
- Excellent treasury management skills, including cash flow forecasting and investment strategies.
- Experience with costing and cost allocation processes.
- Advanced analytical and problem-solving skills.
- Exceptional attention to detail and accuracy.
- Excellent communication and interpersonal skills.
- Ability to work effectively in a fast-paced, dynamic environment.
Benefits:
- Competitive salary and performance-based bonuses.
- Comprehensive benefits package, including health, dental, and vision insurance.
- 401(k) plan.
- Opportunities for professional development and career advancement.
- Flexible work environment with in-office expectation.
Arnold Packaging is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
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