The Bonadio Group

  • Corporate Controller

    Job Locations US-NY-Pittsford
    Posted Date 1 month ago(1 month ago)
    ID
    2018-1629
    # of Openings
    1
    Category
    Accounting/Finance
  • Overview

    Confidential Corporate Controller position.  Provides leadership and coordination of the Company’s financial reporting and budget management functions, while ensuring Corporate accounting procedures conform to generally accepted accounting principles. Develops a comprehensive set of controls designed to mitigate financial risk and ensure accuracy of financial data. Manages general ledger, accounts payable, accounts receivable, payroll, and cost accounting functions to ensure the protection of company assets, management of the accounting and related systems, and reporting on the financial performance of the company.

    Responsibilities

    Financial Systems & Controls (50%)

    • Develops implements and monitors policies and procedures for the general ledger, budget development, cash management, debt management, accounts receivable/payable, payroll and business office management, emphasizing solid internal controls and operational efficiencies.
    • Management of the daily activities of Accounts Payable ensuring the accurate and timely processing of invoices/disbursements, purchase orders, petty cash, expense reporting and credit card reconciliations.
    • Oversees the daily activities of Accounts Receivable to ensure the accurate and timely processing of client billings, revenue recognition and cash management.
    • Directs monthly closing cycle to facilitate the preparation of financial statements and consolidation reporting.
    • Evaluates corporate asset purchases for propriety and classification into the depreciation system.
    • Manages and reviews monthly and quarterly sales/use tax filings and payments.
    • Maintains the general ledger and all related accounts with proper documentation and records of all company transactions. Reviews entries to the general ledger, subsidiary ledgers to assure accuracy and compliance with the company’s and established accounting principles.
    • Oversees intercompany accounting transactions and reporting.
    • Coordinates with Human Resources to review and ensure payroll records and weekly ledger postings are accurate.
    • Stays current with developments, practice trends and promulgation’s in the accounting profession; monitors accounting systems and recommends new or revised policies and procedures.
    • Assists the Vice President of Finance with the Company’s budget process, including working with managers to develop an accurate budget.

    Measures:  Management observation and review based on accuracy and zero occurrences of repeat errors utilizing, but not limited to, the following tools:

    • Appropriate controls are in place to ensure Finance systems meet appropriate financial standards.
    • Clear, understandable policies and procedures exist.
    • Staff understands and appropriately applies accounting policies and procedures.
    • Financial application capability is leveraged to improve process effectiveness and efficiency.
    • Meeting monthly closing checklist deadlines.
    • Monthly/quarterly review and analysis of balance sheet accounts.

    Forecasts, Reports & Analysis (30%)

    • Prepares communications of monthly, interim, year- end and comparative financial reports; performs and provides analysis of current results to prior periods and/or budget. Prepares required government reports as directed by the Vice President of Finance and responds to inquiries as necessary.
    • Prepares communications of monthly and comparative corporate investment activity.
    • Assists the Vice Present of Finance in coordination of annual audit and preparation of schedules and documents for independent auditors.
    • Verifies accuracy of bank statements and resolves questions or problems; maintains integrity of cash balances and cash flow systems.
    • Prepares financial communications for company meetings.
    • Monitors and updates corporate financial information and ratings with Dunn & Bradstreet.

    Measures:  Management observation and review based on accuracy and zero occurrences of repeat errors utilizing, but not limited to, the following tools:

    • Financial statements and related documents.

    • Clear and concise presentation of prepared materials.
    • Meets all reporting deadlines.
    • Make recommendations and support decisions with through analysis.

    Department Structured to Maximize Results & Ready to Meet Future Business Needs (20%)

    • Talent in Key Roles: Analyzes the skills and capabilities of functional area, identifies future workforce requirements and identifies a means to close any gaps. Ensures processes are in place for unleashing the full potential of others by providing needed resources, coaching, experiences and other support to place the right people in key roles and continuously upgrade their skills and knowledge.
    • Organizational Structure: Ensures the priorities and structure of the department aligns with the priorities of the broader organization. Develops an organizational structure that supports the retention and development of staff to deliver a high level of services, as well as offer career development for high performers/ high potentials.
    • Employees Aligned to Vision, Direction and Goals: Aligns priorities with the direction and priorities of the broader organization. Diagnoses whether assigned functional areas are performing at full potential and ensures communication cascades down through the organization. Breaks down organizational silos, bridges communication gaps, and engages the employees they manage.
    • Performance Management: Manages employee performance by clearly defining goals, job responsibilities and standards of performance; tracking progress against goals; providing clear, thorough, timely feedback; and addressing performance problems and issues promptly. Thoroughly and sensitively provides constructive criticism.

    Measures:  Management observation and review based on accuracy and zero occurrences of repeat errors utilizing, but not limited to, the following tools:

    • Employees have received clearly written, up- to-date, results-focused job descriptions with appropriate measures of success.
    • Critical skill gaps are identified and deficiencies minimized.
    • Stretch goals established in alignment with overall company goals – all staff held accountable for achievement.
    • Employee expectations and performance are clearly communicated.

    Core Competencies:

     

    • Attention to Detail:
      • Is thorough and precise in accomplishing a task through concern for all the areas involved, no matter how small.
      • Monitors and checks work or information and plans and organizes time and resources efficiently.
    • Accountability/Ownership:
      • Stays focused on tasks in spite of distractions and interruptions.
      • Balances quality of work with meeting deadlines.
      • Does not make excuses for errors or issues; acknowledges and corrects mistakes.
    • Analytical:
      • Uses a systematic approach in solving problems through analysis of problem and evaluation of alternate solutions; uses logic, mathematics, or other problem-solving tools in data analysis or in generating solutions.
      • Identification of incorrect or incomplete data with ability to perform comparative analytics.
    • Problem Solving:
      • Clearly identifies and presents both the root cause issue and alternative solutions bringing timely resolution
      • Looks beyond the obvious and does not take answers at face value.
    • Communication:
      • Demonstrates clear and visible principles and values that create openness and trust among people and promotes the generation of valid information, informed choices, and internal commitment to action.
      • Ensures that critical information related to key business issues gets to internal/external customers in a timely fashion.
      • Speaks clearly and persuasively in positive or negative situations, demonstrates group presentation skills and conducts productive meetings.
    • Initiative: Identifies what needs to be done, proactively.
    • Integrity: Is widely trusted; is seen as a direct, truthful individual; keeps confidences.
    • Delegation:
      • Avoids decisions that could be handled at a lower level
      • Creates self-managed work teams as the way to work
      • Sets goals and monitors results rather than getting too involved in telling people how to do things
      • Delegates not only the work but the authority and resources to achieve business results.
    • Leadership:
      • Gives timely, appropriate feedback on performance; reinforces efforts and progress.
      • Clarifies expected behaviors, knowledge and level of proficiency by seeking and giving information and checking for understanding.
    • Planning and Organization: Establishes a systematic course of action for self and/or others to assure accomplishment of specific objectives, determines priorities, and allocates time and resources effectively.
    • Judgment:
      • Demonstrates consistent logic, rationality, and objectivity in decision making.
      • Shows common sense.
      • Anticipates consequences of decision making actions.
    • Quality Management:
      • Initiates action to correct quality problems or notifies others of quality issues as appropriate.
      • Demonstrates accuracy and thoroughness
    • Management:
      • Takes actions, makes decisions and shapes team or group priorities to reflect the organization’s vision and values.
      • Includes staff in planning, decision-making, facilitating and process improvement
      • Makes self available to staff; provides regular performance feedback; develops subordinates’ skills and encourages growth.

     

    Qualifications

    Education & Experience:  Bachelor’s Degree in Accounting or Finance and at least ten years of financial analysis experience including at least five years of financial management experience with supervision and/or an equivalent combination of education and experience (MBA a plus). Working knowledge of ERP systems is a must.

     

    Mathematical Skills:  Ability to add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals. Ability to calculate figures and amounts such as proportions, percentages, rates and ratios.

     

    Other Skills/Experience:  Leadership: A demonstrated ability to lead people and get results through others.  Strategy & Planning: An ability to think ahead and plan both short and long term Management: An ability to organize and manage multiple priorities.  Must possess the skills of analytical thinking and problem resolution. Must be very detail oriented. Possess excellent interpersonal and communication skills to support high performance. Possess a level of willingness and patience to assist other departments in various accounting/reconciling matters

     

    Computer Skills: 

    Microsoft Outlook: Basic Skill Level

    Microsoft Word: Intermediate Skill Level

    Microsoft Excel: Intermediate Skill Level

    ERP System: Intermediate Skill Level

     

    Reasoning Ability:  Ability to apply principles of logical or scientific thinking to a wide range of intellectual and practical problems. Ability to deal with nonverbal symbolism (formulas, scientific equations, graphs, etc.) in its most difficult phases. Ability to deal with a variety of abstract and concrete variables.

     

    Physical Demands:  While performing the duties of this job, the employee is regularly required to use hands to operate office equipment such as a computer, copier, fax and other office equipment. The employee must occasionally lift/move up to 25 pounds.

     

    Language Skills:  Ability to read, write and interpret documents in English such as safety rules, operating and maintenance instructions and procedure manuals. Ability to read, analyze and interpret common trade journals, financial reports and legal documents.

    Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to effectively present information to top management, public groups and/or board of directors.

     

    Work Environment:  The noise level in the work environment can be loud in production areas. Hearing protection is provided as an optional use. Must comply with safety & dress codes for all production areas. Must follow all safety guidelines as outlined in the company’s safety manual

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