FBG Services Controller

Quality Bicycle Products•Bloomington, MN

12d

About The Position

The FBG Services Controller is a key leadership role within FBG Services, LLC (FBGS), a shared-services company owned by Flagg Bicycle Group, LLC. The Controller leads accounting, finance, and tax operations for the holding company and participating operating businesses, with responsibilities varying according to the FBGS charter. The role participates in FBGS senior leadership, supervises the accounting team, and combines leadership with hands-on work, including personally preparing or finalizing key Board, shareholder, and family-office reporting. The Controller works closely with operating business leaders, external audit and tax advisers, Board committee leadership, and designated family-office representatives, and may support acquisitions, dispositions, and post-close integration. The Controller owns the monthly, quarterly, and annual close and consolidation process; oversees financial reporting, general accounting, centralized payroll, treasury, tax compliance, audits, and internal controls within the approved scope; and provides analysis and reporting to support executive and Board decisions. The role also leads the accounting team and finance systems and provides specified reporting support to Teaganco, LLC and designated trusts under approved service agreements and confidentiality requirements. FBGS seeks talent from all backgrounds and encourages employees to bring their authentic and best selves to work. The organization does not discriminate on the basis of protected characteristics identified in the posting, including race, religion, color, national origin, sex, sexual orientation, gender identity or expression, age, veteran status, disability, genetic information, political views or activity, or other applicable legally protected characteristics.

Requirements

Bachelor’s degree in Accounting; a degree in Finance or Tax may be considered with substantial accounting experience.
Seven or more years of progressive accounting experience, including at least three years leading a corporate accounting or controllership function.
Demonstrated experience leading monthly and annual close, multi-entity consolidation, intercompany accounting, and US GAAP financial reporting for a holding company or similarly complex organization.
Experience designing and maintaining internal controls, accounting policies, approval authorities, and financial process documentation.
Experience leading external audits and coordinating complex tax-compliance activities with outside advisers.
Experience managing and developing a team of at least three accounting professionals in a hybrid or distributed environment.
Strong executive, Board, and stakeholder communication skills, including the ability to translate technical matters into clear business implications.
Demonstrated discretion and sound judgment when handling confidential corporate, shareholder, employee, trust, and family financial information.

Nice To Haves

CPA certification is strongly preferred.
A CMA or equivalent experience may be considered with demonstrated strength in technical accounting, external reporting, and audit leadership.
Experience in a privately held holding company, family-owned enterprise, family office, or shared-services organization.
Experience supporting Boards of Directors, Board committees, advisory panels, or shareholder reporting.
Experience with income tax accounting (ASC 740) for C-corporation entities.
Experience with multi-entity consolidations across different accounting systems.
Experience supporting acquisitions, dispositions, purchase accounting, and post-close integration.
Experience overseeing payroll, benefit-plan compliance, treasury operations, investment accounting, or shared-service cost allocations.
Experience improving finance technology, reporting automation, and accounting processes.

Responsibilities

Own the monthly, quarterly, and annual holding-company close and consolidation process, including close calendars, account reconciliations, intercompany activity, eliminations, journal-entry controls, and timely, accurate US GAAP financial statements.
Establish reporting standards, deadlines, and review procedures for consistent, useful reporting across participating businesses.
Provide financial oversight and portfolio analysis to support executive leadership and the Flagg Bicycle Group, LLC Board of Directors.
Prepare financial reports and analysis for shareholder reports and meetings.
Serve as management liaison to the Flagg Bicycle Group, LLC Audit, Risk, and Compliance Committee, subject to its charter, and report on material accounting, tax, compliance, audit, liquidity, and internal-control matters.
Identify opportunities to strengthen financial performance, reporting, controls, and risk management, and recommend actions to executive leadership and the appropriate Board committee.
Promptly escalate material accounting, tax, compliance, control, liquidity, or financial-reporting risks to the Executive Vice President and, when appropriate, designated Board committee leadership.
Oversee timely financial reporting for participating operating businesses, and oversee general accounting and centralized payroll within the FBGS charter.
Partner with operating business leaders to promote consistent application of US GAAP and approved accounting policies while respecting governance, service scope, and accountability.
Design, document, implement, and monitor internal controls over financial reporting, including segregation of duties, approval authorities, financial policies, and remediation of 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.
Maintain confidentiality, access controls, and information boundaries among the holding company, operating businesses, real estate entities, trusts, shareholders, and other supported organizations.
Oversee treasury and cash management within the approved FBGS scope, 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.
Oversee the tax-compliance calendar for the holding company, operating businesses, and other FBGS stakeholders, including limited international obligations.
Coordinate the income tax provision under ASC 740, return preparation, supporting schedules, estimated payments, extensions, and responses to tax notices.
Evaluate tax positions and planning opportunities with external advisers, including R&D tax credits, UNICAP, and other applicable matters; monitor material exposures and communicate significant risks and recommendations.
Manage external audit and tax-advisory relationships, including scope, deliverables, fees, performance, information requests, issue resolution, and implementation of recommendations.
Serve as the primary internal leader for annual financial-statement audits, reviews, and other assurance engagements within the approved scope.
Oversee financial and compliance support for Flagg Bicycle Group, LLC benefit programs, including health and welfare, life insurance, and the 401(k) plan and its annual plan audit.
Recruit, develop, coach, and retain a high-performing accounting team of 3–5 professionals within the approved organization structure.
Establish team responsibilities, performance expectations, development plans, succession coverage, and cross-training for critical financial processes.
Manage external and outsourced accounting resources within the function’s approved scope and budget.
Lead the selection, implementation, governance, and continuous improvement of accounting systems, consolidation tools, payroll platforms, and financial-reporting processes.
Improve accuracy, scalability, security, and appropriate automation while maintaining effective controls.
Establish data ownership, reconciliation, and reporting standards across financial systems.
Prepare and deliver monthly, quarterly, and annual financial statements for Teaganco, LLC, and support reporting to its Board of Directors.
Monitor and report investment performance in coordination with designated family-office leadership and external advisers.
Prepare quarterly and annual financial reporting for designated trusts.
Escalate family-office requests that fall outside the approved FBGS service scope to the Executive Vice President.
Support acquisitions, dispositions, and post-close integration as opportunities arise.
Apply independent judgment, provide strategic input, adapt to organizational and process change, communicate appropriately with stakeholders, and use business judgment to identify financial opportunities and obligations.