Financial Controller

Job Brief:

Reporting to the Chief Financial Officer (CFO), the Financial Controller will be responsible for oversight of all finance, accounting and reporting activities. As a key role in the Accounting Team, the Financial Controller will be responsible for the monthly close and presentation of financials. They will be involved in supporting presentations to the board finance and audit committee and will work closely with the senior leadership team on analytical reports with the BU Controllers. The Financial Controller will have day-to-day as well as Monthe-end and Year-end responsibilities related to close and financial reporting. They will supervise a team with functional responsibility over General Ledger accounting, accounts payable, accounts receivable, payroll, and other various areas as needed. The Financial Controller will ensure that Nexus Cooperative has the systems and procedures in place to support effective program implementation and be the point person for financial audits. The Financial Controller will work closely with Business Unit (BU) Controllers and their staff regarding finance and accounting procedures. In addition, this role will partner with the CFO, Senior Leadership Team (SLT), and the human resources (HR) and information technology (IT) staff to enhance and better integrate finance, HR, and IT functions.

Leadership:

• Overseeing financial and accounting staff and analyzing profit center performance metrics.
• Maintains financial staff by recruiting, selecting, orienting, and training employees.
• Maintains financial staff job results by coaching, counseling, and disciplining employees, planning, monitoring, and appraising job results.
• Build and maintain effective working relationships with colleagues, peers, and team members.
• Role models the values of Nexus Cooperative.
• Empowers others.

Duties and Responsibilities:

• Monitoring closing processes.
• Reviewing journal entries and account reconciliations.
• Guiding financial decisions by developing, monitoring and enforcing policies and procedures.
• Protects assets by establishing, monitoring, and enforcing internal controls.
• Monitors and confirms financial condition by conducting audits and providing information to external auditors.
• Ensuring compliance with financial and accounting regulations.
• Provides status of financial condition by collecting, interpreting, and reporting financial data.
• Evaluating and enhancing financial controls and procedures.
• Analyzing and interpreting balance sheets, income statements, cash flow, and liabilities.
• Performing financial risk assessments, as well as facilitating intervention strategies related to those assessments.
• Maximizing returns on cash balances and improving closing and reporting cycles.
• Coordinating and recording investments and maintaining fixed asset records.
• Documenting processes and ensuring compliance with financial management and accounting regulations.
• Maximizes return on financial assets by establishing financial policies, procedures, controls, and reporting systems.
• Prepares budgets by establishing schedules; collecting, analyzing, and consolidating financial data; recommending plans.
• Achieves budget objectives by scheduling expenditures; analyzing variances; initiating corrective actions.
• Prepares special reports by collecting, analyzing, and summarizing information and trends as needed by management.
• Complies with federal, state, and local legal requirements by studying existing and new legislation, enforcing adherence to requirements, filing financial reports, and advising management on needed actions.
• Completes operational requirements by scheduling and assigning employees, following up on work results.
• Handling preparation for tax returns.
• Experience leading cross-functional teams to cohesively manage business operations and deliver value.
• Stay updated on industry trends, best practices, and emerging technologies to ensure that our talent development programs remain relevant and effective.
• Identify areas for process improvement and efficiency gains.
• Performs other related duties as assigned.

Expectations:

• Monitor closing checklists.
• Follow up with anyone that is behind and get them back on track.
• All Reconciliations reviewed and completed timely.
• Working financials for review to all BU leaders and SLT team by EOD BD 5.
• Month closed by BD 10 (Exception YE close).
• The Borrowing Base report submitted no later than BD 15.
• Cash Flow Reporting.

Requirements:

• Full understanding of GAAP.
• Understands Market to Market Accounting
• Managing processes.
• Developing standards.
• Competence with financial software and technology.
• Understanding of financial and accounting standards and regulations.
• Leadership skills and the ability to work well as part of a team.
• Problem-solving and decision-making skills.
• Ability to prioritize duties.
• Ability to stay calm under pressure and juggle multiple duties.
• A critical thinker, negotiator, and problem solver.
• Demonstrated continuous improvement on the job.
• Excellent verbal, written communication, and interpersonal skills.
• Excellent organizational skills with attention to detail.
• Excellent time management skills with a proven ability to meet deadlines.
• Maintain high ethical standards.
• Bachelor’s or Graduate’s Degree in accounting, business, or related fields and/or proven work experience as controller or accountant.
• CPA or CMA preferred.
• Experience with SQL, AS/400, and R Language software and systems.

Physical Requirements:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions. While performing the duties of this position:

• The employee is regularly required to talk or hear.
• The employee frequently is required to use hands or fingers, handle or feel objects, tools, or controls.
• The employee is occasionally required to stand; walk; sit; and reach with hands and arms.
• The employee must occasionally lift and/or move up to 25 pounds.
• Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus.
• The Prolonged periods sitting at a desk and working on a computer.
• The noise level in the work environment is usually low to moderate.

This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will possess the skills, aptitudes, and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. The requirements listed in this document are the minimum levels of knowledge, skills, or abilities. This document does not create an employment contract, implied or otherwise, other than an “at will” relationship.

Job Type: Full-time

Pay: $75,000.00 - $135,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• Day shift
• Weekends as needed

Work Location: In person

Salary : $75,000 - $135,000