Corporate Controller

The Planet Group; Quincy (MA); Hybrid; USD 120,000 - 150,000; Full time

Job summary

A leading retail company is seeking a Corporate Controller to oversee the general accounting function, ensuring accurate financial statements and compliance with regulations. This role requires extensive GL accounting experience, supervisory skills, and a CPA certification. The Corporate Controller will lead the accounting team, manage financial reporting, and oversee inventory accounting. The position is full-time and hybrid, based in Quincy, MA.

Qualifications

• Must have 10+ years of GL accounting experience.
• Solid supervisory experience is needed.
• Must hold a CPA certification.
• Experience in public accounting or at a publicly traded company is essential.

Responsibilities

• Oversee the financial reporting to stakeholders including regulatory bodies.
• Manage the preparation of SEC reporting on Form 10-Q, 10-K, and 8-K.
• Lead interactions with external auditors on accounting matters.
• Manage the monthly accounting close and reporting processes.

Skills

GL accounting

Supervisory experience

CPA

Excel

Education

10+ years progressive accounting experience

CPA

Job description

Process: video interviews with 3 people + onsite

Industry: Retail, omnichannel apparel, public company (NYSE) with 270 stores, about 620M revenue, reports to CAO, has 5 direct reports

Hours: full-time

Location: Quincy, MA or Tilton, NH (prefer Quincy)

WFH: Hybrid - 3 days onsite

Must haves:

• 10+ years of GL accounting
• Supervisory experience
• Has worked in public accounting or at a publicly traded company
• CPA
• Excel

Preferred:

• Retail or consumer goods industries
• Inventory accounting

Job Description:

The Corporate Controller is responsible for overseeing the company’s general accounting function and the preparation of accurate and timely financial statements consistent with “best-in-class” standards of public companies and all applicable regulations. This role plays also plays a critical part in managing the complexities of inventory accounting, multi-store operations and omnichannel revenue, while leading the accounting organization, strengthening processes and controls, and supporting strategic initiatives.

Responsibilities:

• Manages financial reporting to stakeholders, including regulatory agencies, investors, banks, lenders and rating agencies while ensuring the financial statements are prepared in accordance with applicable accounting standards and regulations
• Oversees and has responsibility for ensuring that the preparation of the Company's SEC financial reporting on Form 10-Q, 10-K, and 8-K is accurate and meets SEC requirements
• Researches emerging matters, pronouncements and practices in accounting and financial reporting and recommends actions for implementation
• Leads communication with external auditors to ensure alignment on all accounting and internal control matters, including key transactions with supporting documentation, disclosure, and financial statement presentation

Close Process & Accounting Governance

• Oversees the monthly accounting close and reporting processes, including analyzing critical accounts, managing interactions with Financial Planning and Analysis (“FP&A”) team and leading various discussions with management regarding results
• Manages the development and documentation of a financial control and reporting environment consistent with requirements of Sarbanes Oxley regulations

Retail Accounting & Operations

• Oversee accounting for inventory, including valuation, reserves, markdowns, shrink and obsolescence and revenue recognition for retail, e-commerce, and omnichannel sales, including gift cards, loyalty programs, returns and promotions
• Ensure accurate accounting for store operations, distribution centers, leases (ASC 842), impairment, and supply chain costs and oversee accounting for fixed assets, capital expenditures, and for store openings, remodels and closures

Leadership & Team Development

• Lead, mentor, and develop a high-performing accounting organization, including the direct supervision of managers/senior managers and their staff, responsible for the general ledger/trial balance, retail accounting, fixed assets / capital expenditures, payroll, inventory, accounts payable and sales audit
• Build processes and systems to support growth and increased transaction volume
• Foster a culture of accountability, accuracy, and continuous improvement
• Cultivate and promote positive working relationships between areas of the business that interact with external audit, internal audit and other agencies
• Manages the appropriate internal and external relationships and collaborates extensively with peers and outside auditors

Strategic & Cross-Functional Partnership

• Partner with FP&A on budgeting, forecasting and margin analysis
• Collaborate with Tax and Treasury on tax provisions and compliance, cash management, and working capital optimization
• Support Audit Committee reporting
• Support Form 4 reporting with internal and external legal counsel

Key Relationships

• Reports to Vice President, Chief Accounting Officer
• Oversees general ledger / trial balance, inventory, retail accounting, fixed assets, accounts payable, financial reporting / technical accounting, payroll, and sales audit
• Works closely in collaboration with the CFO; General Counsel; VP, Finance; Director, Financial Planning & Analysis; Internal Audit team; External Auditors and Bank Representatives

Qualifications:

• Deep knowledge of U.S. GAAP, SEC and regulatory reporting requirements
• Solid foundational knowledge of Sarbanes-Oxley and COSO requirements
• Strong interpersonal and communication skills; ability to communicate complex financial information to a non-technical audience
• Ability to be flexible and adaptable
• Action/results orientation
• Ability to effectively organize and direct internal and external resources, including peers, to meet objectives and deadlines
• Ability to define problems, collect data, establish facts and draw valid conclusions and recommendations
• Ability to clearly and succinctly report on key issues, business impacts and recommendations for improvement
• Ability to promote and create an environment of strong ethics and compliance

EDUCATION & EXPERIENCE:

• 10+ years experience of progressive accounting and financial reporting experience, including inventory accounting and leadership roles
• CPA
• Public accounting and public company experience