Our client is a mid-sized private equity-owned US holding company atop an international food and beverage conglomerate that is engaged in delivering sustainable consumable commodity supply chains to key Fortune 100 customers. Subsidiaries are focused on the agricultural production, value-added processing, global marketing, and sales of these top-shelf consumables, including spices, flavors, and Arabica coffee, to major global name-brand clients.Corporate Controller: Primary Duties and Responsibilities
The US-based executive team oversees and prepares consolidated reporting, shareholder relations, audit, corporate growth, and capital deployment. The HQ team works remotely. Leadership has identified a need to add an experienced controller to oversee reporting and assist the CFO in the operations of the finance and accounting function.
Residency within the Central or Eastern US time zones is an absolute requirement. This position will report to the CFO with frequent senior leadership interactions. Expect periodic travel to domestic locations and to business units in the Pacific Rim.THE ROLEAccounting, Finance, and Reporting Functions (US)Manage the month-end closing process of the US entities (GAAP).2. Preparation of the month-end global consolidated financial statements, including related intercompany elimination.Manage the annual audit and tax compliance processes.Coordinate with the US-based auditors in a timely and accurate fashion.Assist with the research and development of the international tax strategy (repatriation and transfer pricing strategies).Account reconciliations, including reconciliation of intercompany accounts.
Maintain and Develop Corporate Data1. Support the development of monthly analytics and various KPIs (indicators include product profitability, sales, customer data, inventory valuation, and others).Support the Ohio-based CFO on annual cash planning.Assist with budget preparation and the quarterly re-forecast.Monitor sources and uses of cash.Support special projects and provide financial analytics to the CEO and other stakeholders as requested.
International Subsidiary AccountingManage the ongoing and period-end upload of financial and risk management information from all offshore subsidiaries.Monitor reconciliation of intercompany accounts and resolve out-of-balance conditions.Manually transfer subsidiary data as warranted into the Financial Consolidation Files.Review and monitor KPIs and promptly alert the CFO to variances.
Other duties as assigned Qualifications: Qualifications & ExperienceEducation and Accreditation:
- B.S. in Accounting, or comparable professional experience.
- Previous CPA attainment preferred (active status not required).
- Minimum of eight years (8) of progressive experience in accounting roles.
- Experience with full-charge accounting.
- Expertise in building complex Microsoft Excel worksheets.
- Preparation of standard financial statements.
- A thorough understanding and application of accounting principles and theories (FASB: GAAP) while tracking periodic updates.
- FX (Foreign Exchange Accounting) familiarity.
- Demonstrated understanding of various business models and a consultative capacity to outline the expected impacts of decisions across different models.
- Financial statement analysis summary.
- Cash management (treasury) experience is strongly preferred.
- Understanding of hedging basics.
- International accounting (IFRS) familiarity.
- International tax code familiarity.
- Commodity accounting experience is strongly preferred.
- Experience with iRely, or a similar CTRM (Commodity Trading and Risk Management) platform is preferred. Analogous experience with an accounting ERP is expected.
- Initiative-taking as governed by a passion for accuracy and high-quality work.
- Able to communicate effectively across global cultural environments and modalities, collaborating with team members who may possess different levels of expertise.
- Discern when confusion and misunderstandings inevitably arise during the continuous flow of information, and the skill to resolve issues material to achieving company goals.
- Ability to create workable consensus among staff, vendors, and key stakeholders.
- Able to work independently, follow through on expected deliverables, prioritize tasks, and manage time effectively.
- Strong analytic, conceptual, and problem-solving skills.
- A demonstrated capacity to make timely and challenging business decisions, and to accept questions and directives for adjustments and improvements.
- The ability to travel periodically to domestic and international locations (Pacific Rim) as required and as directed (5 to 15% travel).
- A valid US Passport is required, or the ability to obtain a Passport without impediment or delay within 90 days of the acceptance of this role.
- The role requires constant operation of a computer and other office productivity equipment. Ability to remain in a stationary position 65% of the time.
- The person will need to move around an office, travel internationally, and move about warehouse and production environments. This could include traveling over uneven surfaces and ascend/descend stairs.
This Controller role is ideal for an established accounting professional who can work independently and remotely yet thrives in a hands-on international entrepreneurial environment. Good communication, patient and tactful professionalism, a passion for accuracy, and the drive to attain company goals are all essential attributes. In exchange for your talent, expect to develop collegial global relationships as part of a culture rooted in social responsibility, environmental stewardship, and a passion for improving the lives and prospects of thousands of hard-working subsidiary employees.