What are the responsibilities and job description for the Financial Controller position at RDS Vending & Coffee?
RDS Vending & Coffee – Controller
RDS Vending has been serving industries in the greater Philadelphia area since 1989. Based in the Philadelphia Tri-State Area, we are a local, family-owned business serving the healthcare, education, manufacturing, corporate, hotel, and retail industries with quality vending programs, micro-markets and office coffee services.
RDS is seeking an experienced Controller to support their expanding business at their company headquarters location in Norristown, PA.
Job Summary:
The Controller is accountable for the accounting operations of the company, to include the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles.
Key Responsibilities:
- Oversee all cash handling procedures including daily cash intake processes and timely end of day accounting and reconciliation and bank deposits
- Complete financial reports: monthly, quarterly and annual reports, including but not limited to monthly and fiscal close, internal and external audit reporting; manage report preparation and distribution, as required
- Manage the financial reporting function to ensure the issuance of accurate and timely reports to management while ensuring compliance with company policies and procedures
- Coordinate operational reporting and analysis of departments for business owner, as needed to run the business, e.g., summary billing reports
- Maintain and ensure accuracy of the financial records, including inventory, accounts receivable and accrued liabilities
- Produce timely and accurate financial statements
- Analyze trends, costs, revenues, financial commitments, and obligations incurred
- Establish and routinely analyze costs of inventory
- Calculate and regularly communicate financial and operating metrics
- Prepare journal entries, maintain and reconcile general ledger accounts, maintain fixed assets
- Oversee payables to ensure that accounts payable are paid in a timely manner
- Oversee receivables to ensure that accounts receivable are collected promptly
- Coordinate the provision of information to external auditors, as needed
- Resolve various accounting/reconciliation issues
- Maintain inventory and cost control procedures
- Track and maintain monthly P/L and balance sheet activity
- Review general ledger and balance sheet
- Participate in systems implementations to support business growth objectives and financial report enhancements
Preferred Qualifications:
- Bachelor’s degree in Accounting preferred, or equivalent professional experience; CPA a plus
- Minimum 3-5 years’ accounting experience in Controller position within foodservice or retail industry preferred
- Experience with revenue control, financial reporting and cash handling responsibilities
- Ability to prepare monthly financial statements, key metric reports, budgets, forecasts, cash flow projections and analyses
- Experience with POS, cash and credit card reports
- Strong computer skills, including Microsoft Excel and accounting databases (QuickBooks)
- Excellent communication, Interpersonal and analytical skills
- Experience with establishing and maintaining procedures and controls in a continuously evolving environment
- Skilled at managing multiple priorities and relationships
- Conformity to the highest standards of personal integrity and ethical behavior
- Eager to learn with opportunity to expand responsibilities in growing business
- Position reports directly to business owner/President
Job Type: Full-time
Pay: $60,000.00 - $120,000.00 per year
Benefits:
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Schedule:
- Monday to Friday
- No weekends
Ability to Commute:
- Norristown, PA 19401 (Preferred)
Ability to Relocate:
- Norristown, PA 19401: Relocate before starting work (Required)
Work Location: In person
Salary : $60,000 - $120,000