The ideal candidate will have a public accounting or similar background, with the ability to distill complex financial, accounting, and operational information. The Controller must collaborate with the finance team, and other departments, accurately assess success in helping optimize financial responsibilities, and be flexible/adaptable to the changing needs and requirements of the role. Far from being a “numbers cruncher,” the Controller must be willing and comfortable spending time with the entire team to truly understand the business and its underlying operational drivers, as well as work closely with the CEO, President, and CFO.
Executive Support: Provides the Board and senior leadership with the status of the financial and administrative operations throughout the company, to include an assessment of the manufacturing and construction business income streams.
Planning: Contributes expertise and guides the planning, accounting, and financial processes for the company. Additionally, leads appropriate aspects of administrative operations and other dynamic matters facing the company, as requested by the senior leadership.
Fiscal Accountability: Manages the fiscal affairs and physical assets of the company within established policies and accounting procedures to mitigate risk.
Leadership: Provides leadership and vision to the executives, management, and employee partners throughout the company as it relates to areas of key responsibility. Strong collaboration with the CEO, President, and CFO of the company.
Reporting to the CFO, the Controller is responsible for the coordination of all financial reporting and activities for the company and its subsidiaries. This role will safeguard the assets of the company through the establishment of proper internal controls and proper consolidation and maintenance of records. The successful candidate is also responsible for the development and implementation of the financial aspects of the strategic plan, ensuring that Board/leadership directives and the company’s strategies are aligned and implemented in all areas of his/her scope. Some of the key responsibilities for this role include:
· Drive key initiatives in the direction of senior leadership; develop and implement policies and practices to protect company assets, ensure accurate accounting and reporting, and prevent fraud, abuse, and loss. Manage aspects of risk through accounting, audit, planning and treasury functions.
· Develop and maintain long term financial forecasts and models for the company.
· Ensure timely and accurate financial reports and plans, as well as consolidation of monthly/quarterly and annual financial statements.
· Lead all treasury and risk management functions to assure fiscal integrity of the company, including meeting short and long-term cashflow needs.
· Evaluate and track all capital expenditures and leases to include the calculation for ASC 842.
· Assist with managing the insurance portfolio (including property, cyber, auto, GL, umbrella insurance) and the negotiation of annual plan renewals.
· Prepare monthly/quarterly covenant compliance certificates and maintain covenant compliance forecast.
· Prepare annual financial reports for 401k plan.
· Prepare and circulate weekly cash forecast worksheet.
· Prepare and circulate monthly KPI reports.
· Work closely with project/site managers to ensure accurate reporting and circulate project/site financial reports and forecasts.
· Assist in gathering information and assembly for the annual budget.
· Calculate sales commissions and all bonus plans.
· Understand regulatory environment and ensure compliance (DoL, IRS, State, local, etc.).
· Coordinate and assist with annual third-party audits and preparation of all necessary documents for completion of corporate income tax returns; manage the audit process, in conjunction with the CFO.
Monthly Reporting Responsibilities include:
· Prepare monthly financial statements.
· Accurate and timely close to month end.
· Prepare monthly percentage of completion work-in-progress report.
· Manage and report on (monthly) KPI’s.
· Manage and report on (monthly) budget v actual.
· Manage and report on (monthly) project forecast model.
· Manage cash flow and accounts receivable balances.
· Prepare monthly borrowing base certificate.
· Prepare monthly billings for projects.
· Prepare and report monthly sales tax for several jurisdictions.
In addition, the Controller may become more active in potential acquisitions. Therefore, the ideal candidate may also possess experience, exposure to or knowledge of the following:
· Perform due diligence on potential acquisition.
· Assess the financial and operational risks associated with an acquisition.
· If an acquisition takes place, he/she will have to be able to plan, perform, and implement a successful integration of the new company into our structure.
PROFESSIONAL QUALIFICATIONS:
This role will require a business leader who has enjoyed a vibrant career with increasingly responsible financial control positions, and able to thrive in a culture that is collaborative, customer centric and team oriented with the goal of providing long-term, multi-generational company value. The successful candidate will have a proven track record of leading the financial reporting for a small to mid-size company, with manufacturing and or construction-based accounting experience. Strong public accounting experience is advantageous. The ideal candidate should possess the following experience, knowledge, and technical skills:
Experience: A minimum of five years of broad financial management and reporting experience in a growth-oriented company or public accounting firm. Ideally, this person has been a Controller or CPA at a public accounting firm and has expertise in manufacturing and or construction accounting; will be a strategic thinker who can contribute and adapt to a fast-paced growth-oriented environment.
Education: Bachelor’s degree in finance or accounting required, CPA license a plus.
Solid Accounting and Financial Reporting Skills: Will have a thorough understanding of GAAP accounting; will have demonstrated an intuitive sense about costs and working capital; will be capable of developing and delivering timely financial metrics for the president and CFO to use in running the business and for Board/Investors to use in monitoring the business; Strong General Ledger, Balance Sheet, financial reporting experience.
Strong Business Acumen and Analytical Skills: Financial acumen and significant analytical skills; will be proficient in cash flow forecasting, financial modeling and developing information reporting tools; strong budgeting, and capital management skills. Demonstrated success with financial reporting and operational management.
An Innovative, Strategic and Operational Mindset:Will be interested in operational issues and how they affect the financial function; will be able to meaningfully participate in developing strategies to support a growth plan; will bring rational, objective judgment to bear on tough issues and decisions; must have an intellectual curiosity about the business and a focus on improving working capital management; ability to identify most relevant KPIs and collaborate with the operational financial leadership to advise the business in line with achievable goals; experience with Jonas or Paycor would be a plus; will have developed a best practices and manage the creation and development of metrics and “scorecards” to enable and enhance functional stewardship of managing budgets and investment in strategic initiatives that drive the business forward; experience associated with managing internal financial processes and infrastructure while maintaining the culture of the Company would be a strong plus.
Excellent Team Member and Communication Skills: Collaborative team member, fits the culture: low ego, optimistic, ethical, responsible more than authoritative, collaborative, willing to support; Respectful and respected; thick-skinned with the ability to support his/her position, but also open-minded with the ability to evaluate and accept contrary positions when appropriate; Strategic thinker with creativity and decisiveness to shape direction, restructure processes; must have the propensity to take responsibility, move forward, and encourage others to share the vision; will possess the qualities that inspire confidence and trust; must have a strong drive to “win”, a desire to take the organization to the next level and be able to effect organizational change; excellent interpersonal skills, with strong oral and written communication ability.
Roll-Up-The-Sleeves Style: A person who enjoys an entrepreneurial atmosphere; will have a spirit of pitching in to get the job done and be comfortable in an environment with lean staffing; a strong sense of self-reliance and the ability to work on his/her own.
Comfort Level with Information Technology: Will use technology to improve access to information needed to run the business; will utilize systems to improve processes, eliminate errors and reduce administrative costs. Jonas system experience a strong plus. Must be proficient in Microsoft products, especially, Excel.
Job Type: Full-time
Pay: $100,000.00 – $130,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Disability insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid sick time
- Paid time off
- Professional development assistance
- Profit sharing
- Referral program
- Tuition reimbursement
- Vision insurance
Experience level:
- 10 years
Schedule:
- Monday to Friday
Ability to Relocate:
- Winston-Salem, NC 27101: Relocate before starting work (Required)
Work Location: In person
Please submit your résumé and cover letter to HR@dorsettcontrols.com.