What are the responsibilities and job description for the Controller position at ARK Products?
Job Title: Controller / Director of Accounting
Company: ARK Products
Location: Columbia, South Carolina Headquarters
Job Description:
As the Controller at ARK Products, you will play a critical role in overseeing the financial operations of the company. Reporting directly to the President, you will be responsible for maintaining accurate financial records, implementing effective financial controls, and providing strategic guidance to support the company's growth objectives.
Key Responsibilities:
Financial Reporting and Analysis:
- Prepare monthly, quarterly, and annual financial statements in accordance with GAAP.
- Conduct variance analysis to identify trends, risks, and opportunities for improvement.
- Provide insightful financial analysis to support strategic decision-making by the executive team.
- Oversee the day-to-day bookkeeping activities, including accounts payable, accounts receivable, and outsourced payroll.
- Ensure accurate and timely recording of financial transactions in the general ledger.
- Reconcile balance sheet accounts and investigate and resolve any discrepancies in a timely manner
Budgeting and Forecasting:
- Develop and lead the annual budgeting process in collaboration with department heads and senior management.
- Develop rolling forecasts to support operational planning and resource allocation.
- Monitor actual financial performance against budget and forecast, and provide recommendations for adjustments as needed.
Financial Controls and Compliance:
- Establish and maintain robust internal controls to safeguard company assets and ensure compliance with regulatory requirements.
- Coordinate with external auditors to facilitate the annual audit process and address any audit findings.
- Stay abreast of changes in accounting standards and regulations, and implement necessary updates to financial policies and procedures.
Cash Management:
- Manage cash flow projections and liquidity needs to support daily operations and strategic initiatives.
- Monitor banking activities and optimize cash balances to maximize returns and minimize costs.
- Oversee the administration of banking relationships, including negotiation of credit facilities and other financing arrangements.
Requirements
Qualifications:
- Bachelor's degree in Accounting, Finance, or related field; CPA designation preferred.
- 5 years of progressive experience in accounting and finance roles, with at least 2 years in a supervisory capacity.
- Strong technical proficiency in financial reporting, budgeting, and financial analysis.
- Deep understanding of GAAP principles and financial controls, with experience in implementing and maintaining internal control frameworks.
- Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams and senior leadership.
- Proven leadership ability, with a track record of building and developing high-performing teams.
- Detail-oriented with a focus on accuracy and timeliness in delivering financial information.
- Experience in CPG and manufacturing industries preferred.
- Quickbooks Online experience preferred.
Benefits
- Competitive salary
- Benefits
- 401K
- Excellent company culture and PTO policy
