What are the responsibilities and job description for the Financial Controller position at Career Group Search?
Our retail client is seeking a Financial Controller to join their team in West Hollywood!
The ideal candidate would be comfortable being an individual contributor.
Responsibilities
Financial Reporting & Oversight
- Oversee the preparation of monthly, quarterly, and annual financial statements, ensuring accuracy and compliance with GAAP.
- Manage general ledger and journal entries, ensuring proper recording of transactions.
- Maintain current and detailed reconciliations of all accounts.
- Produce timely and accurate internal financial reports for senior management, including income statements, balance sheets, and cash flow reports.
- Produce ad hoc reports and analysis for management as needed
Inventory & Cost Accounting
- Ensure accurate inventory valuation and cost of goods sold (COGS) calculations.
- Work with sales and retail operations teams to track product costs, margins, and sales trends.
- Analyze inventory levels and help optimize inventory turnover.
Cash Flow Management
- Oversee daily cash management and forecasting, ensuring adequate liquidity and managing cash flow effectively.
- Supervise accounts payable and accounts receivable processes to maintain healthy cash flow.
Internal Controls & Compliance
- Develop, implement, and maintain internal controls to safeguard assets and ensure compliance with financial regulations.
- Establish Company processes and procedures including roll out and training employees to ensure successful compliance.
- Coordinate the annual audit process and ensure timely submission of tax filings.
- Ensure compliance with local, state, and federal tax laws
- Lead team in implementation of new ERP
Team Leadership & Development
- Manage and mentor the accounting team, providing guidance and fostering a collaborative environment.
- Oversee the month-end and year-end close processes and ensure timely completion.
- Conduct performance evaluations, identify training needs, and support professional development.
You can use www.workgrades.com to collect and manage your references for free and share them with us or anyone else you choose.
We suggest that you ensure you have updated your LinkedIn profile and that you start collecting your references early.
We will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Los Angeles Fair Chance Initiative for Hiring.
Salary : $175,000 - $180,000
