Controller

Description

Founded in 1984, Best Formulations LLC, a diversified nutraceutical and personal care company headquartered in City of Industry, California, is a contract manufacturer of thousands of branded SKUs, including high quality nutritional supplements including softgels, tablets, capsules, powders, teas, dietary supplements, and vegetarian softgels.

About the role:

We are a trusted partner to our customers when it comes to innovation and have one of the strongest R&D, product formulation and technical teams in the industry. We are recognized as the leader in plant-based softgel innovation and our ability to encapsulate difficult formulas. We seek out innovation across our entire business and pass that knowledge and expertise to our customers.

As a Controller, you will oversee all accounting and financial activities in a manufacturing environment, focusing on product costing. Responsibilities include developing internal controls, policies, and procedures, ensuring GAAP compliance. The Controller will manage accounting functions, such as financial statements, cost accounting, and budgeting. The Controller establishes operational best practices, maintains accounting policies, and develops costing systems for margin reporting. Key responsibilities include data analysis, financial statement preparation, and advising management on strategic financial decisions.

How will you contribute:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodation may be made to enable qualified individuals with disabilities to perform essential job functions. Essential job functions and duties include, but are not limited to:

• Controller will manage and oversee all aspects of accounting and financial activities of the company in a job shop manufacturing environment, with particular attention to product costing
• Responsibilities include development of internal controls, policies, procedures, and financial planning as needed in accordance with generally accepted accounting principles (GAAP)
• The Controller position is hands-on and visible, in a team-oriented environment.
• Manage all aspects of accounting including financial statements, general ledger, cost accounting, cash management, billing, payroll, accounts payable, accounts receivable, budgeting, forecasting, tax compliance, inventory accounting, and various special analysis
• Define, benchmark, implement operational best practices, policies, and procedures
• Maintain documented system of accounting policies and operations.
• Develop and maintain costing system to report on margins related to customers and product lines
• Continuous data collection, analysis, reporting and interpretation
• Prepare and organize financial statements for record and review
• Advise on financial analyses and decision-making regarding capital investments, pricing, contract negotiations, significant costs, benchmarks, and other matters with management
• Organize information and statements for audits and both internal and external auditors
• Prepare consolidated reports for parent company on the financial business activity, including weekly reports, balance sheet, profit and loss statement, and other reports to summarize and interpret current and projected company financial position
• Comply with all local, state, and federal laws regarding finances, tax filings, and reporting
• Additional controller duties as needed
• Able to analyze, organize, summarize, and articulate complex financial information
• Able to read and interpret agreements, then implement the relevant provisions of agreements
• Work will be performed primarily in an office environment
• Follow established department SOP's, cGMP regulations, and batch record instructions.
• Complies with all Company policies and procedures, including safety rules and regulations.
• Maintains a safe work environment and operates in a safe manner.
• Perform other related job duties related to the job, as assigned by management.

Qualifications

Minimum Requirements/Qualifications:

• College Degree or applicable training in an accredited college/university, preferably in Accounting or Finance.
• Seven (7) or more years of work experience in a fast-paced work environment, preferably in manufacturing.
• Any combination of experience, education, and training that provides the level of knowledge, skills, and experience needed to successfully perform the job.
• Required Licenses/Certifications
• CPA is a plus

Work Environment:

• May involve exposure to allergens such as Soy, Wheat, Fish, Shellfish, Milk, Egg, Tree Nuts and Sesame.

What Best Formulations can offer you:

• 401(k) with company match
• Tuition reimbursement
• Medical/Dental/Vision/Pet Insurance
• Health & Wellness programs
• Generous time off for vacations

More about us:

As a valued strategic partner, Best Formulations offers a comprehensive program of services, turnkey solutions, and client support that is unmatched in the industry. Our product development team can provide customized, proprietary formulations designed specifically to meet the needs of our customers and their method of distribution. Our vertically integrated manufacturing and packaging process allows us to schedule flexible production runs to respond quickly to shifting market demands. Every step of the way, we are committed to your growth and success!

"To develop and strengthen mutually beneficial relationships with our employees, customers, and business partners by providing the highest quality products and the Best customer service. Together We Grow!"

This position is currently classified as on-site.

Base Salary Range: $124,000.00 - $155,000.00 per year, based on candidate professional experience level. Employees are eligible to participate in Medical, Dental, Vision, Life Insurance, 401(k), Holidays, Vacation, Tuition Reimbursement Program.

The final salary offered for this position may take into account a number of factors including, but not limited to, location, skills, education, and experience.

In accordance with the CO Equal Pay Act, Colorado Applicants Are Not Permitted to Apply.

The Company reserves the right to modify, update, change and/or make corrections to this job description, at the sole discretion of senior management, at any time during the employee’s employment term, at the sole discretion of management.

EEO Statement

Best Formulations is an equal opportunity employer committed to employing a diverse workforce and providing accommodations for people with disabilities in all parts of the hiring process as required under its Employment Accommodation Policy. Best Formulations will work with applicants to meet accommodation needs that are made known to Best Formulations in advance.

**Please no external recruiters**

Salary : $124,000 - $155,000