Controller

4 weeks ago


Palos Hills, United States Carousel Checks Inc. Full time

Job Summary:
The Controller will plan and direct the accounting operations of the company.

Directs the financial affairs of the organization and prepares financial analyses of operations, including interim and final financial statements with supporting schedules, for the guidance of management. The Controller is responsible for the company's financial plans and policies, its accounting practices, the conduct of its relationships with lending institutions and the financial community, the maintenance of its fiscal records, and the preparation of financial reports. The position involves supervision over general accounting, property accounting, internal auditing, cost accounting, and budgetary controls.

**Responsibilities**:

- Development, analysis, and interpretation of statistical and accounting information in order to appraise operating results in terms of profitability, performance against budget, and other matters bearing on the fiscal soundness and operating effectiveness of the organization.
- Implement and maintain effective cost accounting methods and procedures
- Maintains the company's system of accounts and keeps books and records on all company transactions and assets.
- Establishes major economic objectives and policies for the company and prepares reports that outline the company's financial position in the areas of income, expenses, and earnings based on past, present, and future operations.
- Coordinates and directs the preparation of the budget and financial forecasts, institutes and maintains other planning and control procedures (including the cost accounting system), and analyzes and reports variances.
- Deliver yearly SAS16 readiness reviews, and Type I and Type II reviews/reporting
- Is responsible for tax planning and compliance with all federal, state, and local corporate, payroll, and other applicable taxes.
- Furnishes internal reports, revises and updates reports to be more useful and efficient, and furnishes external reports as necessary.
- Maintains the company's financial scorecard/KPIs.
- Evaluates and recommends insurance coverage for protection against property losses and potential liabilities.
- Establish and implement short
- and long-range departmental goals, objectives, policies, and operating procedures.
- The Controller has the final responsibility for providing effective financial controls for the organization.
- Prepare monthly P/Ls, balance sheets, and cash-flow reporting on a monthly basis or as required
- Full documentation of all approved finance processes and procedures is essential
- Recognize and recommend actions to reduce costs
- Serve as primary legislative liaison relative to company financial issues.
- Direct financial audits and provide recommendations for procedural improvements.
- Recommend benchmarks for measuring the financial and operating performance of divisions and departments.
- Monitor and analyze monthly operating results against budget.
- Protects assets by establishing, monitoring, and enforcing internal controls.
- Manage outsourced functions
- Achieves budget objectives by scheduling expenditures; analyzing variances; initiating corrective actions.
- Maintain a documented system of accounting policies and procedures
- Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives
- Oversee the accounting operations of subsidiary corporations, especially their control systems, transaction-processing operations, and policies and procedures.
- Ensure that accounts payable are paid in a timely manner
- Ensure that accounts receivable are collected promptly
- Process payroll in a timely manner
- Ensure that periodic bank reconciliations are completed
- Ensure that required debt payments are made on a timely basis
- Calculate and issue financial and operating metrics
- Manage the production of the annual budget and forecasts
- Calculate variances from the budget and report significant issues to management

**Requirements**:

- Bachelor's degree in Accounting or Finance, MBA and/or CPA highly desirable
- The ability to analyze accounting data and communicate effectively at a senior level to explain results and variances is essential
- Proven leadership ability to influence, develop, and empower employees to achieve objectives with a team approach.
- Requires strong project management skills with the ability to manage multiple projects effectively
- Exceptional oral and written communication skills; Ability to effectively communicate and present complex issues in writing and orally at appropriate levels of detail for business stakeholders and executive teams.
- Highly collaborative individual with ability to influence others and build strong professional relationships
- High energy level and enthusiastic self-starter who proactively and continually questions the status quo with an execution focused mindset
- Ability to generate respect and trust


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