Corporate Controller

L&R Distributors, Inc.; New York (NY); Hybrid; USD 150,000 - 180,000; Full time

Job summary

An established industry player is seeking a Corporate Controller to oversee financial operations and ensure compliance with regulations. This pivotal role involves preparing accurate financial statements, collaborating with department heads on budgets, and leading a team of finance professionals. The ideal candidate will have extensive experience in financial management, particularly within a distribution environment, and possess strong analytical skills. This position offers a hybrid work schedule, competitive salary, and a comprehensive benefits package, making it an exciting opportunity for a finance leader looking to make a significant impact.

Benefits

401(k) plus employer match

Health insurance

Dental insurance

Vision insurance

Life insurance

Health savings account

Paid time off

Employee Referral programs

Health & Wellness programs

Qualifications

• 7+ years as a Controller or in finance leadership roles.
• Strong understanding of GAAP and financial regulations.
• Experience in the CPG industry and private equity preferred.

Responsibilities

• Prepare financial statements and provide insights for decision-making.
• Lead and mentor finance professionals, fostering a high-performance culture.
• Ensure compliance with financial regulations and oversee audits.

Skills

Financial Management

Budgeting

Financial Analysis

GAAP Compliance

Leadership

Problem-Solving

Communication Skills

Education

Bachelor's degree in Finance

MBA or CPA

Tools

SAP

AS400

Advanced Excel

Job description

COMPANY

L&R Distributors, Inc. is a private equity owned, high growth company that is the leading beauty and cosmetics distributor in the U.S. With over 400 strategic suppliers and 40,000 SKUs in our distribution centers, we provide products across a wide range of categories including beauty, cosmetics, trial & travel, toys, school/home office, pet, home essentials, and other general merchandise categories.

We are searching for a Corporate Controller to play a crucial role in overseeing all financial aspects of the company, ensuring accuracy, compliance, and efficiency in financial operations. The Corporate Controller will have a strong background in financial management, reporting, and leadership.

ESSENTIAL DUTIES AND RESPONSIBILITIES

1. Prepare accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.
2. Provide financial analysis and insights to support strategic decision-making.
3. Collaborate with department heads to develop annual budgets and long-term financial forecasts.
4. Monitor budget performance and make recommendations for improvements.
5. Ensure compliance with all relevant financial regulations, including GAAP and tax requirements.
6. Oversee the preparation and submission of tax returns.
7. Implement and maintain efficient financial processes and controls.
8. Lead and mentor a team of finance professionals, fostering a high-performance culture.
9. Provide guidance and support for career development and growth.
10. Identify financial risks and develop strategies to mitigate them.
11. Establish and monitor internal controls to safeguard company assets.
12. Conduct financial analyses to assess business performance and identify opportunities for improvement.
13. Prepare ad-hoc financial reports and analyses as required.
14. Coordinate and manage financial audits.
15. Ensure the successful completion of audits and implement audit recommendations.

REQUIRED EXPERIENCE

1. Minimum of 7 years experience as a Controller, Operational Controller, or in a similar finance leadership role within a distribution environment, including at least 2 years in a managerial capacity leading a team.
2. Bachelor's degree in Finance, Accounting, or related field; MBA or CPA preferred.
3. Advanced Excel skills and strong knowledge of GAAP is required.
4. Experience in the CPG industry, Big 4 accounting firms, and private equity is strongly preferred.
5. Proficiency with financial management software; Knowledge of SAP or AS400 is a plus.
6. Experience with inventory management and optimization.
7. Strong financial analysis, budgeting, and forecasting skills.
8. Solid understanding of operational processes within a distribution setting.
9. Excellent analytical and problem-solving abilities.
10. High attention to detail and accuracy.
11. Strong and effective communication and interpersonal skills.
12. Proven ability to lead, motivate, and inspire a team.

LEADERSHIP

1. Work closely with all functional operation teams to understand business requirements, provide financial insights, and support decision-making.
2. Collaborate with finance and accounting teams to ensure accurate and timely financial reporting and process alignment.
3. Lead and mentor a team of finance professionals, providing guidance, training, and fostering a culture of continuous improvement.

SALARY:

Upto $180,000 based on experience

BENEFITS

• 401(k) plus employer match
• Health insurance
• Dental insurance
• Vision insurance
• Life insurance
• Health savings account
• Paid time off
• Employee Referral programs
• Health & Wellness programs

WORK SCHEDULE/HOURS

• Hybrid work schedule: 3 days on-site in Brooklyn, NY; 2 days remote
• Monday through Friday 8:30 AM to 5:30 PM EST, with variations based on business demands

TRAVEL

• Upto 25%