What are the responsibilities and job description for the Financial Controller position at Buy and Build Advisors?
If you are a diligent and task-focused financial professional passionate about teamwork and excellence, we have an exciting role for you in our dynamic team. As a Financial Controller, you will be crucial in managing the financial aspects of internal and external projects, ensuring accuracy, and providing strategic insights to drive our growth and success.
Buy and Build Advisor is a rapidly growing Mergers and Acquisitions company specializing in providing top-tier advisory services. Our dynamic environment is driven by innovation, excellence, and a commitment to helping businesses thrive through strategic acquisitions and mergers.
The Financial Controller oversees the daily operations of the financial department and ensures compliance with company policies for outsourced accounting clients. This role requires an experienced professional with a strong background in managing the financial operations for many fractional clients, ensuring accuracy, compliance, and efficiency. The ideal candidate will be a strategic thinker with a proactive approach to financial management, a passion for implementing innovative accounting processes, while providing leadership and support to the finance team.
Key Responsibilities:
- Manage and oversee the financial operations for multiple fractional clients, including payable/receivable, general ledger, and treasury, ensuring adherence to company policies and compliance guidelines.
- Engage directly with external clients and partners
- Collaborate with Management to gather necessary data for month-end closing and prepare accurate financial statements and reports on time.
- Perform accounting functions on both cash and accrual basis..
- Assist Management in developing the annual budget and projecting a 12-month rolling cash flow.
- Analyze monthly variances in operating results compared to the budget, providing detailed variance reports and explanations.
- Lead the annual tax/audit preparations and coordinate with external CPA’s.
- Ensure compliance with all local, state, and federal reporting requirements and tax filings.
- Develop and implement financial policies and procedures to enhance operational efficiency using AI and other technology solutions.
- Manage and monitor all financial commitments, including contracts and leases.
- Supervise bi-weekly payroll processes in conjunction with Management, ensuring timeliness, accuracy, and appropriate journal entries for payroll allocation.
- Implement cost control measures under the direction of Management and closely monitor cash flow and expenses.
- Provide supervision, support, and training to direct reports, including accounts payable/receivable clerks, payroll clerks, and junior/cost accountants.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field; CPA or CMA preferred.
- At least 5 years of experience in financial management within trades, professional services, healthcare, and manufacturing
- Proficiency in QuickBooks Desktop - Enterprise and Excel; experience with ERP systems and cloud computing solutions is a plus.
- Strong understanding of job costing, WIP, financial statement analysis, cash flow, and cost control principles.
- Comprehensive knowledge of staffing, labor policies, and cost allocation.
- Expertise in Generally Accepted Accounting Principles (GAAP).
- Excellent analytical, problem-solving, and decision-making skills.
- Effective, collaborative communication and leadership skills, with experience managing a team.
- Excellent time management skills and responsiveness to time-sensitive requests from senior management and external stakeholders.
- Proven ability to deliver high-quality results promptly.