Financial Operations Manager

2 days ago

Chanhassen, Minnesota, United States IDI Distributors Full time
Job Summary

IDI Distributors is seeking a highly skilled Controller to oversee all aspects of the company's accounting functions, financial reporting, and compliance. This leadership role will report to the VP of Finance and Accounting and collaborate with cross-functional teams to drive financial success and ensure the company's financial health.

Responsibilities
  • Manage the month-end close process and ensure the accuracy of monthly and annual internal and external financial statements, including income statements, balance sheets, and statements of cash flows in accordance with GAAP.
  • Reconcile the trial balance and general ledger on a monthly basis, including the preparation of monthly balance sheet reconciliations.
  • Build and lead a high-performing accounting team to ensure all objectives and goals are planned accordingly and are being attained.
  • Provide mentorship, coaching, and professional development opportunities for team members and foster a collaborative and inclusive work environment.
  • Lead the AR & AP teams to ensure timely billing, cash application, and payments to suppliers.
  • Analyze financial data to provide insights and recommendations to improve financial performance.
  • Ensure tax compliance with all federal, state, and local authorities and all related areas.
  • Provide strategic financial leadership and guidance to the executive team and other stakeholders.
  • Partner with FP&A to develop standardized reporting packages and business intelligence dashboards/reporting that provide actionable insights to the organization.
  • Develop and lead process improvement, efficiency, and automation opportunities within the accounting groups.
  • Develop, maintain, and/or implement financial plans, policies, and procedures to support the company's goals and objectives.
  • Build a strong internal control structure to ensure compliance and accurate, timely, reliable issuance of internal/external financial reporting and reviews.
  • Represent the Company together with the Assistant Controller in interim and year-end financial and/or regulatory audits and oversee the preparation of all documentation for these processes.
Qualifications
  • Must have technical and theoretical knowledge of Generally Accepted Accounting Principles.
  • Proficiency in financial software and ERP systems. SAP experience preferred.
  • Strong interpersonal, presentation, and customer relations skills.
  • Strong collaboration skills and ability to work with all departments; solutions-oriented mindset.
  • Ability to set and achieve goals for managed departments.
  • Detail-oriented, ability to work independently and as part of a team.
  • Excellent written, verbal, and analytical skills.

Education and/or Experience: Bachelor's degree in Accounting, Finance, or related field; CPA designation preferred. 5+ years of strong team management and development experience; 10+ years of progressive accounting experience. Public accounting audit experience is a plus.

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