Controller

Reagan Madison Solutions Inc.; New Orleans (LA); On-site; USD 120,000 - 190,000; Full time

Job summary

Reagan Madison Solutions Inc. seeks an seasoned Controller to oversee general accounting, close processes, consolidation, and financial reporting.

You will manage intercompany activity, taxes, and insurance while leading a small team to ensure accuracy and timeliness of monthly and annual statements. The role requires strong GAAP knowledge, forecasting skills, and the ability to improve processes and systems.

Qualifications

• Minimum 10 years of accounting experience within organizations with leadership responsibility.
• Experience as accounting manager or financial analyst in manufacturing or related company with annual revenues over $200+ million.
• Strong knowledge of GAAP and financial reporting requirements.
• Experience driving process and systems improvement in accounting, reporting and forecasting.

Responsibilities

• Own general accounting, monthly close, consolidation and reporting, and related tax/insurance responsibilities.
• Lead and develop a team of 4 professionals in General Accounting, Accounts Payable and Accounts Receivable.
• Manage the closing process and annual external audit coordination.
• Prepare monthly financial statements and notes for external and internal stakeholders (Board and lenders).
• Support development of systems and processes to improve productivity and integrity of financial reporting.

Skills

GAAP principles

Financial analysis

Forecasting & budgeting

Excel & Power BI

Leadership

Strategic thinking

Cross-functional

Action orientation

Education

B.S. in Accounting or related field

MBA, CPA or CMA (preferred)

Tools

MS Excel

Power BI

ERP systems

Job description

SUMMARY OF POSITION:

Controller for The Company, responsible for performing the accounting functions of general accounting, accounts payable and accounts receivable of the business as well as consolidation and GAAP/Non-GAAP reporting (BS, PL, CF) for internal and external purposes. This role is also responsible for income and non-income related taxes and business insurance. More broadly, this role is responsible for leading process and systems improvement in matters affecting accounting, reporting and forecasting

MAJOR RESPONSIBILITIES:

• Ownership of general accounting, monthly close, consolidation and reporting, accounts payable and accounts receivable functions, income and non-income-related taxes and insurance.

Leadership and Organizational Effectiveness:

• Supervise, train, and develop a team of 4 professionals in the areas of General Accounting, Accounts Payable and Credit and Accounts Receivable.
• Leads the closing process
• Leads the annual external audit process

General Accounting:

• Manages the month-end closing process for all general accounting activities.
• Includes, but not limited to, cash, intercompany, accruals, debt-related, leases, intangibles, asset retirement obligations, hedge accounting.
• G/L account and sub-ledger reconciliations.

Consolidation and Financial Statement Preparation and Reporting:

• Performs consolidation of financial statements, including intercompany reconciliation and foreign currency translation processes.
• Preparation of financial statements on a monthly basis for external constituents; on a quarterly (10-Q) and annual (10-K) basis both of which included preparation of note disclosure to the financial statements.
• Assist in the monthly preparation of financial information to be presented to the Board of Directors and financial institutions.
• Participates in the development of financial systems, data and reporting to drive productivity and integrity in the financial reporting environment.

Accounts Payable:

• Responsible for supplier payment process, including invoice processing, annual 1099 process and day-to-day problem solving.
• Prepares disbursement forecast for weekly cash flow forecast process
• Collaborates with Procurement team to develop and implement strategy for procure to pay process and systems improvements as well as maintaining a strong internal control environment

Credit and Accounts Receivable:

• Responsible for customer credit and collections process, including establishment and monitoring of and exceptions to credit limits.
• Coordination with commercial leaders and supply chain on customer acquisition and set up, sales forecast by customer in order to ensure timely assessment of credit issues or changes
• Proactive interaction with key customers in the collection of accounts receivable and management of past due amounts
• Prepares collection forecast for weekly cash flow forecast process
• Collaborates with commercial and supply chain teams to develop and implement strategy for order to cash process and systems improvements as well as maintaining a strong internal control environment
• Supports the annual external audit process, which is led by the Controller/Treasurer.

KEY SKILLS (Must have):

• Strong knowledge and experience in generally accepted accounting principles.
• Strong financial acumen and analysis capability with the ability to clearly relate financial information to business strategy.
• Demonstrated experience in all areas of responsibility for this role.
• Demonstrated experience in process and systems improvement in the areas in the scope of this role.
• Forecasting and budgeting experience
• Very proficient in all MS suite of tools, especially excel, power BI and related add-ons
• Bias for action
• Exceptional leadership ability with a focus on continuous improvement in people, processes and systems
• Critical thinking, strategic mind-set with the ability to enroll others and translate that to execution and action
• Ability and eagerness to partner with various members of the organization both within and outside of Finance.

BASIC QUALIFICATIONS (Must have):

• Minimum 10 years of accounting experience within organizations with direct experience in the areas within the scope of this role, including leadership
• Experience working as an accounting manager or financial analyst within a manufacturing or related company with annual revenues of over $200+ million.

ADDITIONAL QUALIFICATIONS (Preferred):

• Experience working in private equity owned and publicly-traded organizations.
• 5+ years' experience as a financial manager within a manufacturing organization.
• Experience with the analysis of M&A activities a plus.
• Experience in the chemical industry a plus

EDUCATION:

• Minimum Required: B.S. degree in Accounting or other business-related field
• Preferred: Master's degree in Accounting or Business Administration, CPA, or CMA