Controller

American Orthodontics•Sheboygan, WI

30d

About The Position

The Controller will oversee domestic and international general accounting, financial reporting, information technology for the finance/accounting group, banking and insurance relationships, and other financial activities. This role involves managing teams responsible for accounts receivable, accounts payable, cost accounting, general ledger activity, and foreign subsidiary accounting. The Controller will ensure the accuracy of financial statements, compliance with GAAP and IFRS, timely closing of books, and effective cash management. Additionally, the role requires continuous development of reporting efficiencies, process improvements, and maintaining internal controls. Staff supervision, including performance reviews, hiring, and training, is also a key responsibility.

Requirements

Oversee the Domestic Accounting Manager who manages a team of 7 including accounts receivable, accounts payable, cost accounting and all general ledger activity.
Ensure US balance sheet is properly stated, and all balance sheet accounts are reconciled.
Perform variation analysis on the P&L.
Oversee cost accounting for costing of the products, LIFO, R&D tax credit, product development projections, inventory control, and reporting COGS results during the month-end close process.
Ensure cost accounting practices are following and all products and inventory are properly costed.
Work with the cost accounting team to develop best practices for costing.
Oversee the International Accounting Manager who manages a team of 5.
Oversee the accounting for all foreign subsidiaries including but not limited to: local GAAP compliance, US GAAP compliance, transactional completeness, proper cut-off and inventory oversight.
Manage all reporting of foreign entities including monthly and quarterly financial analysis.
Working with the International Accounting Manger ensure all vendors and inter-company invoices are processed timely.
Monitor subsidiary cash positions and past due trade receivables.
Review the balance sheet and income statement of each foreign entity to ensure accounts are properly reconciled.
Manage all corporate documents relating to the foreign entities.
Oversee audits that occur at the foreign subsidiaries.
Monitor and implement Income, Franchise, and VAT tax changes.
Manage various reporting, including but not limited to, other requested reports, industry analyses, audit reporting, tax reporting, ROI analyses, etc.
Review transfer pricing on an annual basis.
Monitor and implement GAAP and IFRS reporting requirements and changes.
Complete contribution margin analysis for the foreign subsidiaries.
Complete Cost of goods sold and gross margin consolidated bridge reports.
Close the books in a timely manner (target is 5 business days) ensuring all balance sheet accounts are properly stated, and P&L variation analysis is completed.
Update each subsidiary reporting package on a month basis.
Manage the IT requirement for the finance / accounting group including being the lead on all annual updates and major IT initiatives.
Monitor and assist in maintaining the General ledger and Standard Chart of Accounts.
Manage banking relationships and all on-line controls of banking software.
Approve wire and ACH payments.
Oversee cash management for the global business including hedging transactions.
Help manage excess cash investments.
Oversee general insurance renewal and placement of proper insurance coverage to protect company’s financial interests.
Sundry due diligence assistance acquisitions, and financing transactions.
Continual development of reporting/system efficiencies and standardizations which reduce time requirements and increase quality of reporting, report preparation, reviewing and analyzing the company.
Continual development of process improvements, use of technology to create efficiencies, streamlined processes, and removal of paper and costs from current environment to improve customer service.
Maintain appropriate internal controls to properly safeguard company’s assets, products, and customers.
Assign and review work, as well as provide guidance when needed.
Recommend salary increases/reclassifications, approve hires, promotions, terminations, and/or administer discipline within span of authority.
Interview prospective associates and assist with training of new associates in corporate accounting, accounts payable, accounts receivable, etc.

Responsibilities

Oversee the Domestic Accounting Manager and their team (7 people) responsible for accounts receivable, accounts payable, cost accounting, and general ledger activity.
Ensure US balance sheet is properly stated and all balance sheet accounts are reconciled.
Perform variation analysis on the P&L.
Oversee cost accounting for product costing, LIFO, R&D tax credit, product development projections, inventory control, and COGS reporting.
Ensure cost accounting practices are followed and all products and inventory are properly costed.
Work with the cost accounting team to develop best practices for costing.
Oversee the International Accounting Manager and their team (5 people).
Oversee accounting for all foreign subsidiaries, including local GAAP compliance, US GAAP compliance, transactional completeness, proper cut-off, and inventory oversight.
Manage all reporting of foreign entities, including monthly and quarterly financial analysis.
Ensure all vendors and inter-company invoices are processed timely.
Monitor subsidiary cash positions and past due trade receivables.
Review balance sheet and income statement of each foreign entity for proper account reconciliation.
Manage all corporate documents relating to foreign entities.
Oversee audits at foreign subsidiaries.
Monitor and implement Income, Franchise, and VAT tax changes.
Manage various reporting, including industry analyses, audit reporting, tax reporting, and ROI analyses.
Review transfer pricing on an annual basis.
Monitor and implement GAAP and IFRS reporting requirements and changes.
Complete contribution margin analysis for foreign subsidiaries.
Complete Cost of goods sold and gross margin consolidated bridge reports.
Close the books in a timely manner (target is 5 business days), ensuring all balance sheet accounts are properly stated and P&L variation analysis is completed.
Update each subsidiary reporting package on a monthly basis.
Manage IT requirements for the finance/accounting group, leading annual updates and major IT initiatives.
Monitor and assist in maintaining the General ledger and Standard Chart of Accounts.
Manage banking relationships and all on-line controls of banking software.
Approve wire and ACH payments.
Oversee cash management for the global business, including hedging transactions.
Help manage excess cash investments.
Oversee general insurance renewal and placement of proper insurance coverage.
Provide sundry due diligence assistance for acquisitions and financing transactions.
Continually develop reporting/system efficiencies and standardizations.
Continually develop process improvements and use of technology to create efficiencies.
Maintain appropriate internal controls to safeguard company assets, products, and customers.
Assign and review work, provide guidance, recommend salary increases/reclassifications, approve hires, promotions, terminations, and administer discipline.
Interview prospective associates and assist with training of new associates.