Financial Controller

Company

Rapidly growing, private equity backed food manufacturing company specializing in an array of authentic Cajun and Creole foods. The company produces and markets a wide variety of products for the retail grocery and foodservice markets including seasonings, sauces, specialty bean products, boxed dinners, dry mixes, and specialty relish products under the Ragin’ Cajun, Cajun’s Choice and Acadian Kitchens brands. The company also co-packs for other select food companies and partners. They have a 40-year history of growth and national sales. The company is entrepreneurial, flat in nature and nimble, and are in a unique stage in its evolution having been acquired and recapitalized by a strategic partner in recent years. The company has already enhanced its operations by transitioning its manufacturing operations into a new, state-of-the-art facility in its native Lafayette, LA. Through a combination of additional strategic acquisitions as well as organic growth, the firm is poised for an aggressive growth phase and expansion of its already existing buyer base which includes some of the largest retailers and grocers in the US.

Location

Lafayette, LA

Role

The Financial Controller & Operations Manager is a newly created position that will be primarily responsible for managing the accounting process, including the treasury, accounts receivable, accounts payable and payroll processes. This person will also be responsible for managing inventory, material purchasing and production scheduling. Reporting to the CEO, the candidate will be responsible for providing analysis and reporting to the management team. This is a management position within an entrepreneurial and flat organization. The candidate should be willing and able to dive into the detailed accounting, processes, and operational aspects of the business to proactively solve problems and make improvements.

Responsibilities

Daily responsibilities include, but are not limited to :

Financial Operations & Reporting :

• Manage all financial control and accounting activities of the firm’s manufacturing and distribution sites including general and cost accounting, payables / receivables, revenue recognition and payroll.
• Ensure financial control processes and systems comply with company policies, applicable regulations, and provide required information.
• Work with the CEO to update financial and cash forecasting models with monthly actuals; provide variance analysis between forecasted and actual results; assist with cash forecasting as needed.
• Responsible for the quarterly corporate financial review package for internal review which includes financial statements, flux analysis, dept compliance and upcoming events, and other material financial information.
• Lead and oversee job costing, reporting, accounts payable, corporate accounting, bank reconciliation, cash disbursements, and consolidations functions and processes.
• Manage financial statements, P&L, month-end close, general ledger, and account reconciliation.
• Lead cash management functions across all business units and corporate entities.
• Maintain proper control over accounting procedures, transactions, inventory spend and procurement.
• Review necessary documents and supporting schedules internally prepared for the outside accountants in preparing annual tax returns and audits.
• Responsible for corporate consolidations, having an in-depth knowledge of the organizational structure for all corporate entities and maintaining organizational documents.
• Assist in overseeing the Company’s annual tax filings by working with the CEO as well as the Company’s third-party CPA firm.
• Review budget, planning, forecasting and variance analysis.
• Strategically manage treasury and cash management with financial institutions on behalf of the Company and its capital partners; maximize interest earned and minimize banking fees and overall risk.
• Provide financial insights and recommendations, and create financial models based on financial analysis to support key decision-making.
• Analyze material price variances to forecast.

Corporate and Site-Level Operations :

Qualifications