FBG Services - Controller

Flagg Bicycle Group, LLC; BLOOMINGTON (MN); On-site; USD 120,000 - 180,000; Full time

Job summary

FBG Services, LLC (FBGS) is a shared services company owned by Flagg Bicycle Group, LLC. The Controller leads accounting, finance, and tax for the holding company and select operating businesses, with direct responsibility for key Board and family-office reporting and overseeing the FBGS accounting team.

The role collaborates with operating leaders, external auditors, tax advisers, and Board committees to ensure timely, accurate US GAAP reporting, strong controls, and sound financial strategy

Qualifications

• Experience leading accounting, finance, and tax operations for a multi-entity holding company.

Responsibilities

• Own the monthly, quarterly, and annual close and consolidation process, including intercompany activity and journal-entry controls.
• Provide financial oversight and analysis across the portfolio to support leadership and Board decisions.
• Prepare financial reports and analyses for shareholder reports and Board meetings.
• Design, document, implement, and monitor internal controls over financial reporting; maintain policy documentation and records-retention practices.
• Oversee treasury and cash management within the approved scope, including liquidity reporting and banking controls.

Job description

FBG Services, LLC (FBGS) is a shared services company owned by Flagg Bicycle Group, LLC that contributes to the operational performance of the operating businesses within the holding company. FBGS also serves the Flagg Bicycle Group, LLC Board of Directors in work that sits at the intersection of governance and operations. Finally, FBGS offers limited support to other businesses and trusts associated with the family office.

Position Overview

The FBG Services Controller is a key leadership role within FBGS. leading accounting, finance, and tax operations for the holding company and for some operating businesses. Leadership responsibilities include participation in FBGS senior leadership and supervision of the FBGS accounting team.

This is a leadership role with defined hands-on responsibilities. The Controller personally prepares or finalizes key Board, shareholder, and family-office reporting and oversees team-prepared work in other areas.

The Controller works closely with operating business leaders, external audit and tax advisers, Board committee leadership, and designated family-office representatives.

Primary Duties and Responsibilities

Financial Reporting, Consolidation, and Board Reporting (≈35%)

• Holding company and consolidation
• Own the monthly, quarterly, and annual close and consolidation process, including close calendars, account reconciliations, intercompany activity, eliminations, journal-entry controls, and timely delivery of accurate US GAAP financial statements.
• Establish reporting standards, deadlines, and review procedures that produce consistent, useful reporting across participating businesses.
• Provide financial oversight and analysis across the portfolio to support decisions by executive leadership and the Flagg Bicycle Group, LLC Board of Directors.
• Prepare financial reports and analysis for shareholder reports and meetings.
• Board and committee reporting
• Serve as management liaison to the Flagg Bicycle Group, LLC Audit, Risk, and Compliance Committee, subject to the Committee charter, and provide timely reporting on material accounting, tax, compliance, audit, liquidity, and internal-control matters.
• Identify opportunities to strengthen financial performance, reporting, controls, and risk management, and provide clear recommendations to executive leadership and the appropriate Board committee.
• Promptly escal…

Accounting Policy and Internal Controls (≈15%)

• Design, document, implement, and monitor an effective system of internal controls over financial reporting, including segregation of duties, approval authorities, financial policies, and remediation of identified control deficiencies.
• Maintain accounting policies, process documentation, and records-retention practices appropriate to the organization's size, risk profile, and multi-entity structure.
• Monitor compliance with delegated authorities and approval limits, and support fraud-risk prevention and response processes.
• Maintain confidentiality, access controls, and information boundaries among the holding company, operating businesses, real estate entities, trusts, shareholders, and other supported organizations.

Treasury and Cash Management (≈10%)

• Oversee treasury and cash management within the approved scope of FBGS, including liquidity reporting, banking controls, debt and covenant reporting, intercompany funding, and coordination with financial institutions.
• Establish controls for cash movement, payment approvals, bank-account access, and authorized signers.
• Coordinate short- and intermediate-term cash forecasting and communicate material liquidity needs or constraints.

Tax, Audit, and Regulatory Compliance (≈15%)

• Oversee the tax-compliance calendar for the holding company, operating businesses, and other FBGS stakeholders, including limited international obligations.
…