Assistant Financial Controller

Job Summary:

We are seeking an Assistant Controller to join our finance team.  The Assistant Controller position is a critical role, responsible for assisting with management of the financial operations of the organization, ensuring compliance with accounting standards and providing strategic financial guidance to support the company's growth. This role requires a strong understanding of financial management, accounting principles, financial reporting and technical accounting. The ideal candidate will be a strategic thinker, a detail-oriented problem-solver, and a collaborative team player.

Key Responsibilities:

• Financial Accounting and Reporting:

o  Oversee the general ledger and ensure accurate and timely recording of financial transactions.

o  Prepare monthly and annual financial statements, including income statements, balance sheets, and cash flow statements. Reports must be provided timely with analysis.

o  Ensure compliance with Generally Accepted Accounting Principles (GAAP) and other relevant accounting standards.

o  Prepare financial reports for management, the board of directors, and external stakeholders.

o  Oversee all functional accounting areas including accounts payable, accounts receivable, financial reporting, cash flow management, revenue recognition and cost analysis.

o  Collaborate with project managers and all other team members on accounting changes driven by both external and internal requirements.

• Budgeting and Forecasting:

o  Develop and manage annual budgets and forecasts.

o  Monitor actual performance against budget and forecast and identify variances.

o  Provide financial analysis and recommendations to support strategic decision-making.

o  Support long-term financial planning, including modeling scenarios that incorporate growth opportunities or changes in direction of plan.

• Internal Controls:

o  Implement and maintain strong internal controls to safeguard assets and ensure accurate financial reporting, this includes the creation and adoption of new controls required.

o  Conduct regular reviews of internal controls and recommend improvements.

•  Audit Compliance:

o  Ensure timely and accurate filing of federal, state, and local taxes.

o  Manage financial, bank and tax audits and resolve any issues.

o  Serve as the point of contact for all audits. Coordinate all activities, review schedules, organize meetings and ensure accurate and timely completion of reports.

• Team Leadership:

o  Lead, mentor, and develop a team of accounting and finance professionals.

o  Create and implement targeted mentorship opportunities and foster development through guidance and support.

o  Foster a positive and collaborative work environment.

o  Develop key performance indicators (KPIs) to monitor financial health and operational efficiency.

o  Create a high-performance culture among the finance team and across the organization.

• Support Controller and CFO:

o  Provide support to the Controller and CFO for projects and tasks as required

o  Quickly respond to ad hoc queries

o  Other support as required

Qualifications & Skills:

·        Bachelor’s degree in accounting or finance.

·        Minimum of 10 years of experience in accounting and finance

·        Previous experience managing accounting/finance team

·        Strong understanding of GAAP

·        Advanced Excel Skills

·        Proficiency in accounting software, Business Central preferred

·        Excellent analytical and organizational skills.

·        Excellent problem solver, being creative and proactive

·        Strong attention to detail

·        Excellent written and verbal communication skills

·        Ability to work independently and as part of a team

·        Ability to communicate complex financial concepts to non-financial audiences

·        Apparel experience a plus

Benefits:

·        401(k)

·        Dental insurance

·        Health insurance

·        Life insurance

·        Vision insurance

·        Paid holidays and sick leave

·        AD&D insurance

·        Disability insurance

·        Pretax reimbursements: Flexible spending and Commuter

·        Supplemental Pay: Bonus opportunities

About Us:

Gelmart is a leader in the intimate apparel industry with a strong commitment to innovation. With over 70 years of experience, Gelmart is a top private label and brand manufacturer, and partner to many of the world's biggest retailers and brands. Gelmart was the lead investor, manufacturer, and co-founding partner of LIVELY. Their expertise in creating high-quality, best-in-class products is complemented by their dedication to sustainability. This commitment is exemplified by their launch of kindly, the largest sustainable-focused intimates brand in America, and the recent launch of the sugarcup, the world’s first plant-based bra pad made from sugarcane. Gelmart is family owned and operated with headquarters in New York City and offices in Bentonville, Arkansas and throughout Asia.