Controller

Frederick Fox; Chesapeake (VA); On-site; USD 120,000 - 180,000; Full time

Job summary

Frederick Fox is seeking a Controller in Chesapeake, VA to lead the accounting team, oversee monthly closes, and drive process improvements across multi-entity operations. The role partners with operations and finance to ensure GAAP compliance, lender reporting, and audit readiness.

You will manage journal entries, portfolios, equity and debt instruments, and oversee internal controls, policies, and SOPs while optimizing cash flow and forecasting.

Qualifications

• BS degree in Accounting, Finance, or equivalent.
• CPA preferred.
• Minimum 7+ years of accounting experience with 3+ years in month-end close.
• Experience mentoring and leading accounting teams.
• Proficient with Microsoft Word, Outlook and PowerPoint; strong Excel skills.
• Excellent attention to detail and communication skills.

Responsibilities

• Lead and manage the accounting team and monthly close process.
• Oversee multi-entity consolidation and intercompany activities.
• Handle portfolio accounting and GAAP audit readiness.
• Coordinate lender reporting and compliance.
• Oversee treasury, cash forecasting, and bank relationships.
• Maintain general ledger, chart of accounts, and ERP systems.
• Oversee development and enforcement of SOPs and internal controls.
• Drive process improvements and automation across the function.

Skills

Leadership

Financial analysis

GAAP knowledge

Interpersonal skills

ERP systems

Audit coordination

Education

BS degree in Accounting, Finance, or equivalent

CPA

Tools

Oracle NetSuite

Planning/SmartView

Job description

Currently recruiting a Controller for a growing organization in Chesapeake, VA. This role is ideal for someone who enjoys both leading and rolling up their sleeves and who has a proven track record of process improvement and automation. You’d manage the accounting team, run the monthly close, oversee multi‑entity consolidation, handle portfolio accounting, partner closely with operations and finance, and lead GAAP audit and lender reporting. This opportunity is with a thriving company, offers a strong team environment, great benefits, and a long‑term career path.

Key Responsibilities:

• Establish and maintain strong accounting policies, effective internal controls, and documented standard operating procedures (SOPs) across the accounting function, including desk-level procedures, review and approval workflows, and version control, with regular audits to confirm the team is operating to the standard
• Drive the monthly accounting close process, manage an accounting team of 4-5 individuals, and continuously improve the close and reporting cycles using existing systems to reduce manual effort and reliance on standalone spreadsheets
• Prepare and review monthly journal entries, including stock compensation, equity and debt investment activity, asset purchases and fair value measurements, and other complex transactions
• Own the accounting for purchased credit-deteriorated (PCD) receivable portfolios under ASC 310-30 / ASC 326, including pool-level yield accretion, amortization, cash flow re-forecasting, putbacks and repurchases, zero-basis recoveries, and impairment and allowance analysis
• Manage multi-entity consolidation across HoldCo, SPV, and related-party structures, including intercompany eliminations, related-party allocations, and equity method or non-controlling interest treatment
• Account for debt and equity instruments, including convertible notes, deferred financing costs and debt issuance cost amortization, warrants, member capital accounts, and distributions
• Prepare credit agreement and lender covenant reporting, including borrowing base reporting, compliance certificates, covenant calculations, and responses to lender and investor information requests
• Lead treasury management and optimization, including daily cash positioning, bank account administration, short-term and long-term cash forecasting, and debt draw and paydown planning
• Establish and maintain a cost management program that holds budget owners accountable for their budgets and spend, including budget versus actual reporting by owner, vendor and contract spend oversight, purchase approval thresholds, and clear reporting on trends, exceptions, and variances requiring action
• Maintain the general ledger and chart of accounts, including administration of Oracle NetSuite and Planning/SmartView, substitution variables, reporting hierarchies, and the period close lock process
• Own the accounting for internally developed software and internal-use systems under ASC 350-40, including project-level cost tracking, determining which development costs qualify for capitalization, useful life and amortization decisions, and impairment review, working with IT and engineering leadership so accounting treatment stays aligned with the technology roadmap
• Preparation and reporting of monthly, quarterly and annual financial statements including quarterly statements of cash flow
• Lead the annual GAAP audit with external auditors and ensure timely completion; run point on annual field testing, lender and investor diligence, and other compliance-related reporting requests, including preparation of supporting schedules and coordination of responses across the organization
• Ensure Company remains current in applying existing and new accounting pronouncements and is in compliance with U.S. GAAP; prepare memos and technical memorandums for new pronouncements or transactions
• Proactively work with operations and IT to identify trends and issues and resolve operational accounting and reporting issues

Required Qualifications:

• BS degree in Accounting, Finance, or equivalent.
• CPA highly preferred.
• 7+ years’ accounting experience with 3+ year’s accounting month end close experience
• Experience mentoring and leading accounting teams.
• Proficient in Microsoft Word, Outlook & PowerPoint; very strong Excel skills
• Excellent attention to detail, organizational skills, and analytical skills.
• Self-motivated and able to work independently and collaboratively.
• Excellent interpersonal & communications skills, both verbal and written; ability to communicate across all levels.