Controller - Business Unit

Covetrus•Columbus, OH
•$107,500 - $153,500

About The Position

The Business Unit Controller oversees the accounting, financial reporting, and control environment of Covetrus North America’s largest business unit. The role applies expertise in revenue recognition, inventory management, software development accounting, property accounting, internal controls, process implementation, and operational oversight. It requires in-depth knowledge of US GAAP and the ability to apply accounting principles and make complex decisions. As a leader in the Controllership team, the Controller inspires and develops colleagues and manages a team of accounting professionals. The position reports to the North America Controller.

Requirements

  • Bachelor’s degree in Accounting or Finance.
  • CPA required.
  • At least 8 years of diverse financial experience across finance and accounting roles.
  • At least 3 years in a hands-on management position.
  • Strength of character and ability to take clear, decisive action to steer the company and safeguard its values.
  • History of active involvement and success beyond traditional financial reporting responsibilities.
  • Ability to work effectively in a fast-paced environment with competing deadlines.
  • Ability to adapt quickly to changing priorities.
  • Strong organizational skills and attention to detail.
  • Strong work ethic and willingness and ability to investigate details to complete tasks and projects.

Nice To Haves

  • MBA.
  • Experience integrating an accounting function as part of a business combination.

Responsibilities

  • Direct revenue recognition, inventory control, general accounting, and compliance in partnership with Operations, FP&A, and shared services.
  • Ensure compliance with GAAP and other regulatory and internal accounting policies and procedures.
  • Oversee the monthly accounting close and review monthly results to ensure accurate accounting records.
  • Own and serve as point of contact for key controls, including record to report, procure to pay, order to cash, leasing, inventory, and fixed assets.
  • Identify early warnings of financial control gaps and implement action plans to address them.
  • Manage accounting for income streams including product, manufacturing, fees, subscriptions, software, royalties, consulting, bundling, rebates, and margin reimbursements.
  • Advise the business on revenue-building initiatives while ensuring compliance with ASC 606.
  • Create or reassess policies and memoranda concerning reserves and impairment analyses across subsidiaries.
  • Oversee intercompany transactions and allocation methodologies.
  • Oversee physical inventories and material cycle-count adjustments and ensure compliance with established controls.
  • Implement, document, and maintain effective processes to improve and shorten the monthly accounting close.
  • Deliver timely and complete month-end reports and analytics to the consolidation team.
  • Serve as the point of contact for internal and external audits.
  • Advise management on objectives, strategies, and tactics from a financial and accounting perspective.
  • Encourage ideas and creative approaches to continuous improvement.
  • Understand other functional areas and guide Business Development, Operations, Quality, HR, Program Management, Product, and Development leaders on financial goals and strategies.
  • Keep current on the animal health market and applicable accounting rules and regulations.
  • Train and guide finance staff and non-financial colleagues across the business.
  • Mentor and develop direct reports and retain and promote top performers.

Benefits

  • 401(k) savings plan and company match
  • Paid time off
  • Paid holidays
  • Maternity leave
  • Parental leave
  • Military leave
  • Other leaves of absence
  • Health benefits
  • Dental benefits
  • Vision benefits
  • Health savings accounts
  • Flexible spending accounts
  • Life and disability benefits
  • Identity theft protection
  • Pet insurance
  • Certain positions may be eligible for a short-term incentive plan
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