What are the responsibilities and job description for the Corporate Controller position at PCRK Group?
We are seeking an experienced Corporate Controller to oversee all financial activities for our multi-unit retail network of 131 Massage Envy Spas, PCRK Group is backed by a private equity firm. The Corporate Controller will be responsible for closing the general ledger for store-level financial reporting, managing banking relationships, overseeing income and SALT (State and Local Taxes) taxes, and handling licensing for our clinics providing massage and skincare services. The ideal candidate will have a strong background in multi-location retail or franchise environments, with expertise in tax compliance, financial controls, and general ledger management. This role works closely with the CFO and other senior leaders but does not involve extensive preparation of financial analysis and reports, which are handled by the financial planning team.
General Ledger Management:
- Oversee the timely closing of the general ledger for all franchise locations to ensure accurate store-level financial reporting.
- Reconcile store-level financial data and prepare journal entries for consolidation, ensuring the integrity of financial records.
- Manage month-end, quarter-end, and year-end closing processes to ensure timely and accurate completion.
Banking and Cash Management:
- Manage banking relationships, including overseeing cash management, credit facilities, and financing arrangements.
- Ensure effective cash flow management across all franchise locations, optimizing liquidity and working capital.
- Coordinate banking transactions and ensure that reconciliations are performed accurately and on time.
- Monitor weekly cashflow of the business and produce key cash reports for management and investors.
Supervise Payroll Operations:
- Work with HR to ensure accurate and timely compensation for employees across all locations
- Ensure all payrolls are processed timely and accurately
- Ensure compliance with federal, state, and local payroll regulations and reporting requirements
- Work with HR and finance teams to address payroll-related issues, including tax withholdings, benefits, and deductions
- Implement and monitor payroll systems to improve efficiency and reduce errors
Tax Oversight (Income and SALT):
- Oversee income tax compliance, ensuring timely and accurate filing of federal, state, and local income taxes for the company and franchise locations.
- Manage state and local tax (SALT) compliance, including sales tax, use tax, and other state-specific tax obligations.
- Stay current with tax regulations and ensure that the company remains compliant with all tax-related requirements.
- Work closely with external tax advisors and internal teams to ensure accurate and efficient tax filings.
Licensing of Clinics:
- Oversee the licensing process for clinics providing massage and skincare services, ensuring compliance with all local, state, and federal regulations.
- Coordinate with legal and operations teams to maintain up-to-date licenses for all operating locations.
- Ensure all necessary licenses, permits, and certifications are obtained and renewed on time.
Accounting and Internal Controls:
- Oversee all core accounting functions, including accounts payable, accounts receivable, payroll, and general ledger.
- Implement and maintain robust internal controls to ensure compliance, safeguard company assets, and prevent fraud.
- Ensure accurate tax filings, including sales tax, income tax, and other required filings across all locations.
- As required perform purchase accounting to prepare opening balance sheets and set-up newly acquired businesses.
- Interpret and implement new GAAP provisions as needed.
Collaboration with Financial Planning Team:
- Work closely with the financial planning team, providing necessary data and insights for budgeting, forecasting, and financial reporting.
- Ensure smooth coordination between accounting functions and financial planning to support the company’s strategic objectives.
Financial Systems and Process Improvement:
- Lead efforts to enhance financial systems and processes, seeking continuous improvement and automation opportunities to increase efficiency, accuracy, and scalability.
- Identify and implement automation tools and best practices to streamline financial operations and reduce manual efforts.
- Support the integration of new franchise locations into the company’s financial systems and reporting structures.
Audit and Compliance:
- Coordinate and lead internal and external audits to ensure compliance with regulatory requirements and accounting standards.
- Ensure timely completion of all necessary tax filings and regulatory reporting requirements.
- Manage relationships with auditors, tax professionals, and other external parties.
Cost Control, Operational Efficiency, and Continuous Improvement:
- Drive a culture of continuous improvement within the finance department by proactively seeking opportunities to reduce costs and improve operational efficiency.
- Implement process improvements and automation to streamline accounting, reporting, and compliance functions.
- Work with operational teams to identify inefficiencies, recommend solutions, and monitor cost control efforts.
Team Leadership and Development:
- Set clear goals, strategies, and objectives for the finance and accounting team, ensuring alignment with overall business objectives.
- Lead, mentor, and develop the finance team to ensure they have the skills and resources needed to meet their goals and grow professionally.
- Encourage a high-performance culture, promoting continuous learning and team collaboration.
- Hold team members accountable for results, while fostering an environment of empowerment and innovation.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field; CPA or equivalent designation preferred.
- Minimum of 7-10 years of experience in accounting or finance roles, including at least 3 years in a corporate controller or senior accounting position.
- Experience in public accounting, such as Big Four, desired but not required.
- Experience in a multi-unit retail or franchise environment is highly preferred.
- Expertise in general ledger management, tax compliance (income and SALT), and business licensing.
- Strong knowledge of GAAP, financial reporting, and internal controls.
- Proficiency in financial software and ERP systems (e.g., QuickBooks, NetSuite, or similar platforms).
- Excellent leadership skills with a track record of managing and developing teams.
- Strong attention to detail and a proactive approach to problem-solving and process improvement.
- Outstanding communication skills, with the ability to collaborate with multiple departments and present financial data to non-financial stakeholders.
Desired Skills:
- Familiarity with the tax and regulatory environment related to multi-unit franchises, including licensing for healthcare or service-related industries.
- Ability to manage multiple priorities and projects in a fast-paced environment.
- Strong business acumen, with the ability to contribute to strategic decision-making processes.
This role provides a unique opportunity to drive financial excellence and operational efficiency for a growing, PE-backed retail business. The Corporate Controller will lead the accounting department’s efforts in managing the general ledger, banking relationships, tax compliance, licensing, and cost control, all while fostering a culture of continuous improvement and innovation.
- Medical, Dental, Vision Benefits
- 401K & other ancillary benefits
- Location: Hybrid in Phoenix, AZ (In-Office: 3 Days per Week, Remote: 2 Days per Week)
- Pay: $130,000 - $140,000 Annually DOE
*ME SPE Franchising, LLC (“ME SPE”) is a national franchisor of independently owned and operated franchised locations. The franchisee for each individual franchised location, not ME SPE, Massage Envy Franchising, LLC (“MEF”), or any of their affiliates, is the sole employer for all positions posted for a location, and each franchisee is not acting as an agent for ME SPE, MEF, or any of their affiliates. Hiring criteria, benefits and compensation are set by each franchisee and vary by location.
Salary : $130,000 - $140,000