What are the responsibilities and job description for the VP Controller position at Town & Country Living?
Job Description
Job Description
Description :
Town & Country Living is a global leader in home décor, textiles, and design. The company brings unmatched expertise and excellence in sales, design, development, sourcing, supply chain efficiencies, customer service, and e-commerce fulfillment. With our company’s diverse multi-product assortment across all home categories, we can provide excellent offerings and service to our retail partners while responding quickly to the ever-changing needs of the marketplace.
SUMMARY
Reporting to the CFO, the VP Controller will lead the Accounting function, including the compliance and maintenance of US GAAP accounting principles, practices, and procedures. They will direct and plan the delivery of timely and accurate fiscal records and financial reports that summarize company’s business activity and financial position. The VP Controller will manage relationships with external auditors, bank auditors, insurance providers. The VP Controller is responsible for managing the treasury function and timely bank reporting.
KEY RESPONSIBILITIES
- Manage financial reporting. Prepare monthly and annual reporting and analysis packages, including comparative reports (actual, budget, forecast) of US GAAP operating results and financial position. This includes the consolidation of Canadian and other foreign subsidiaries.
- Prepare monthly and annual debt covenant packages for lenders.
- Work with the CFO and FPA in presenting reports and analyses to executives and stakeholders.
- Manage the monthly close process such that the Company is on a pathway to constant improvement in terms of quality and speed of close. Ensure monthly reconciliations, loan schedules and bank reconciliations are reviewed.
- Lead the Accounting consolidation and integration of 3 prior companies into one set of financials for one fully integrated overall business.
- Lead a department of 25 members including :
- Cash management / treasury functions, including day to day banking operations, cash transactions and reporting;
- Accounts receivable management and collection including customer chargebacks and related operational drivers;
- Accounts payable oversight and management – controls, processes, disbursements;
- Inventory control oversight and management including controls, costing, completeness, valuation reserves;
- Royalties oversight and management
- Motivate and lead Accounting team members by clarifying roles and providing helpful feedback. Foster a working environment to stimulate open communication, teamwork and sharing of best practices. Train, monitor and guide the team, always pushing for stellar performance and professional output.
- Lead the Accounting department to transition from 2 ERP systems to 1 future ERP system (NetSuite – April 1 go live.
- Suggest updates and improvements for all components / aspects of current and future accounting systems
- Manage all audits coordination with external auditors. This includes annual audits as well as audits required for debt compliance and insurance.
- Manage annual insurance renewals, working with the CFO and external insurance broker(s), to assess the company’s risk management program. Monitor and negotiate with broker(s) all key insurance policies. Manage claims as incurred.
Requirements : QUALIFICATIONS
EDUCATION AND EXPERIENCE
