FBG Services Controller

Wheels Manufacturing LLC•Bloomington, MN

32d•$160,000 - $200,000

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 specific activities varying by business and the FBGS charter. The role participates in FBGS senior leadership and supervises its accounting team. It combines leadership with hands-on work, including personally preparing or finalizing key Board, shareholder, and family-office reporting and reviewing work prepared by the team. 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 as opportunities arise. The Controller is accountable for financial reporting and consolidation, internal controls and accounting policies, treasury and cash management, tax and audit activities, accounting-team leadership, and finance systems within the approved FBGS scope. The position also prepares financial reporting for Teaganco, LLC, and designated trusts under approved service agreements, governance documents, and confidentiality requirements. The role reports material accounting, tax, compliance, control, liquidity, and financial-reporting risks to the Executive Vice President and, when appropriate, designated Board committee leadership.

Requirements

Bachelor's degree in Accounting; a degree in Finance or Tax may be considered with substantial accounting experience.
CPA strongly preferred; CMA or equivalent experience may be considered with demonstrated strength in technical accounting, external reporting, and audit leadership.
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 in handling confidential corporate, shareholder, employee, trust, and family financial information.

Nice To Haves

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 close and consolidation process, including close calendars, account reconciliations, intercompany activity, eliminations, journal-entry controls, and timely US GAAP financial statements.
Establish reporting standards, deadlines, and review procedures that produce consistent, useful reporting across participating businesses.
Provide portfolio-wide financial oversight and 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 and provide timely reporting 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 monthly, quarterly, and annual 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, records-retention practices, confidentiality, access controls, and information boundaries across supported entities and organizations.
Monitor compliance with delegated authorities and approval limits, and support fraud-risk prevention and response processes.
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 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 (ASC 740), return preparation, supporting schedules, estimated payments, extensions, and responses to tax notices.
Evaluate tax positions and planning opportunities with external advisers; monitor material tax exposures and communicate significant risks and recommendations to executive leadership.
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 an accounting team of 3–5 professionals; establish responsibilities, performance expectations, development plans, succession coverage, and cross-training.
Manage external and outsourced accounting resources within the function's approved scope and budget.
Lead selection, implementation, governance, and continuous improvement of accounting systems, consolidation tools, payroll platforms, and financial-reporting processes.
Improve finance-system accuracy, scalability, security, and appropriate automation while maintaining effective controls, and establish data ownership, reconciliation, and reporting standards.
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 and escalate requests outside the approved FBGS service scope to the Executive Vice President.