Controller

American Orthodontics•Sheboygan, WI

68d

About The Position

The Controller will oversee domestic and international general accounting functions, financial reporting, information technology for the finance/accounting group, banking and insurance relationships, and staff supervision. This role involves ensuring the accuracy of financial statements, compliance with accounting standards, managing global cash flow, and driving process improvements through technology. The Controller will also provide due diligence assistance for acquisitions and financing transactions, and maintain internal controls.

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 of 7, ensuring proper US balance sheet statement, reconciliation of balance sheet accounts, and performing P&L variation analysis.
Oversee cost accounting for product costing, LIFO, R&D tax credit, product development projections, inventory control, and reporting COGS results.
Ensure cost accounting practices follow standards and all products and inventory are properly costed, working with the team to develop best practices.
Oversee the International Accounting Manager and their team of 5, managing accounting for foreign subsidiaries including local GAAP, US GAAP compliance, transactional completeness, proper cut-off, and inventory oversight.
Manage reporting of foreign entities, including monthly and quarterly financial analysis, and ensure timely processing of vendor and inter-company invoices.
Monitor subsidiary cash positions and past due trade receivables, and review foreign entity financial statements for proper reconciliation.
Manage corporate documents for foreign entities and oversee audits at foreign subsidiaries.
Monitor and implement Income, Franchise, and VAT tax changes.
Manage various reporting, including other requested reports, 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 and Cost of Goods Sold and Gross Margin consolidated bridge reports.
Close the books within 5 business days, ensuring balance sheet accounts are properly stated and P&L variation analysis is completed.
Update subsidiary reporting packages monthly.
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, and 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 to reduce time and increase quality.
Continually develop process improvements, use technology for efficiencies, streamline processes, and remove paper and costs to improve customer service.
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.