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Controller - Financial Operations and Real Estate
1 month ago
Intex Recreation Corp. is a leading distributor of INTEX branded products in the United States and Canada. As a key member of our team, you will be responsible for overseeing the financial operations of our consumer products and real estate divisions.
Key Responsibilities:- Assess and evaluate the financial performance of our organizations, aligning with long-term operational goals, budgets, and forecasts.
- Evaluate departments and suggest process improvements to increase working efficiency.
- Create and establish yearly financial objectives that align with our company's plan for growth, expansion, and property development.
- Manage preparation and support of external audits, serving as a key point of contact for external auditors.
- Recruit, interview, and hire finance, accounting, and payroll staff as required.
- Participate in pivotal decisions related to forecasting and budgeting.
- Prepare and present monthly financial budgeting reports, including profit and loss by company, forecast vs. budget by company, and monthly cash flow for the holding company.
- Identify, develop, and execute analysis of real estate development projects, property maintenance projects, and tenant activities.
- Review and follow up on critical follow-up dates in legal agreements.
- Evaluate and monitor water rights agreements.
- Prepare financial analyses of prospective tenant leases, financial and credit review of prospective tenants, and review new lease and lease extension documents.
- Develop cash flow models and profitability forecasts for proposed real estate development projects.
- Manage financial planning and supervise the creation of reports, software implementation, and tools for internal controls, budgeting, and forecasting.
- Supervise the accounting department to ensure the proper functioning of all systems, databases, and financial software.
- Review and ensure the application of appropriate internal controls.
- Ensure the timeliness and accuracy of financial and management reporting data for lenders, ownership, and our company's board of directors.
- Oversee the preparation and timely filing of all local, state, and federal tax returns.
- Work with Human Resources to ensure appropriate legal compliance.
- Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.
- Oversee the preparation of monthly, quarterly, and annual financial statements.
- Manage cash flow planning and ensure funds availability. Manage lines of credit and other credit facilities to fund operations, investments, and real estate projects.
- Remain current on state, federal, and local laws regarding our company's operations.
- Mentor a team of 8, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic.
- Oversee monthly cash management and AP Department, approve large payables, sign checks, authorize large wires, and ACHs.
- Supervise Accounts Receivable management and provide guidance relating to the collection process, customer credit line decisions, and evaluation of new tenant credit worthiness.
- Bachelor's degree in accounting or finance.
- 4 years minimum experience as a Controller.
- Experience in a real estate-related environment.
- CPA preferred but not required.
- Background in Big 4 Public Accounting would be a plus.
- Outstanding knowledge and understanding of GAAP with experience in federal and state tax planning.
- Background coordinating with I.T. staff to manage and/or upgrade accounting system.
- Outstanding communication and presentation skills.
- Demonstrated leadership ability, confidence, and executive presence – ability to motivate staff.
- Excellent analytical, reasoning, and problem-solving skills.
- Significant experience working with external auditors, internal controls, and compliance-related issues.