Assistant Controller
Company: Taylor-Listug, Inc.
Location: El Cajon
Posted on: May 27, 2023
Job Description:
Overview
Are you a controller at a smaller company looking to level up your
career with an innovative, industry-leading guitar manufacturer
that's 100-percent employee owned? You'll be stepping into a fun
and friendly work environment where you're free to leave the
corporate attire at home. As Assistant Controller at Taylor
Guitars, you'll be responsible for all areas relating to accounting
functions and financial reporting (with the exception of
inventory). This includes all aspects of credit and accounts
receivable and accounts payable. You'll supervise, execute, and
report the transactional business of the US Operations, and be
responsible for establishing and maintaining policies and
procedures to ensure accurate and timely financial statements.
You'll ensure that credit policies of the US Operations are adhered
to; credit goals are achieved; and accurate reporting and sound
procedures are maintained. And as part of the month-end close
process, you'll assist in the monthly consolidation of Taylor's
foreign entities in accordance with GAAP. If you're looking to
bring your skills to a dynamic company with a creative and
inclusive culture and a world-class product line, please apply
online today!
POSITION SUMMARY
The Assistant Controller is responsible for all areas relating to
accounting functions, and financial reporting for full cycle
Accounts Receivable, Accounts Payable, Fixed Assets and CIP. -This
includes all aspects of credit, cash receipts, and daily cash
reporting. -The Assistant Controller supervises, executes, and
report the transactional business of these areas of responsibility,
and is responsible for establishing and maintaining related
policies., procedures, and internal controls. - As part of the
month-end close process, the Assistant Controller is expected to
assist in supporting deadlines to ensure timely reporting.
Department: Finance
FLSA Status: Exempt
Job Status: - Full Time
Work Schedule: Monday - Friday 8:00am-5:00pm
Assistant Controller Salary Range: $135,556.50 - $169,400/year
Responsibilities
ESSENTIAL DUTIES & RESPONSIBILITIES
Reasonable Accommodations Statement
To perform this job successfully, an individual must be able to
perform each essential duty satisfactorily. Reasonable
Accommodations may be made to enable qualified individuals with
disabilities to perform the essential functions. Essential
Functions Statement(s) -
General AND FINANCIAL REPORTING:
- Direct and coordinate the daily, weekly and monthly accounting
tasks, activities and reporting related to Accounts Receivable,
Cash Receipts and credit card processing, Accounts Payable, Fixed
Assets and CIP, Property Tax Returns, and Concur expense reporting
and user credit cards.
- Review and post monthly journal entries.
- Develop and establish financial policies, procedures and
metrics.
- Responsible for working with and leading all necessary company
personnel to close the financial books in a timely manner.
- Assists with compiling monthly financial package for senior
management.
- Responsible for timely and accurate reporting to bank as
required.
- Assist in providing the required audit schedules for our
outside audit firm.
- Responsible for review of all general ledger and balance sheet
reconciliations on a monthly basis for responsible reporting
functions.
- Collaborate and interface with other functional area personnel
to support overall Company goals and objectives.
- Provide training and mentoring to direct reports to enhance the
professional development.
- Conducts performance evaluations of direct reports that are
timely and constructive.
- Supervises and manages direct reports.
- Resolve complex accounting issues and assists Accounting
personnel in resolving financial issues.
- Respond to inquiries and requests from the Controller and VP of
Finance as needed.
- Maintains confidentiality of our financial data.
ACCOUNTS RECEIVABLE AND CREDIT:
- Ensure dealer statements are sent monthly.
- Oversee and manage complex dealer issues.
- Work with the sales organization to identify Dealer's with
potential growth opportunities, perform credit analysis and provide
credit initiatives which enable achievement of company sales goals
while managing payment delinquency to acceptable levels. This
includes meeting with the DSM's monthly for account
reviews.
- Establish, monitor and keep a current Credit Policy manual that
includes 1) Credit Management Policies on the credit function,
including terms, opening new accounts, application process, credit
investigation, credit reports, setting lines of credit and assigned
authority limits, etc., and 2) Collection Management Policies on
the collection function, including when to contact customer,
contact methods, how to handle collection problems, assigning
accounts to collection agencies and bad debt write off, etc.,
leading the company to meet its sales and risk management
goals
- Manage the processing and recording of Stella Falone and Amazon
sales timely.
- Establish processes which ensure all cash applications are
posted timely and properly.
- Make credit decisions within assigned authority supported by
credit analysis and review of Dealer financial statements.
- Develop and implement a written plan that includes specific
metrics, goals and objective targets for management reporting which
includes monthly DSO calculations by Dealer
classification.
- Responsible for ensuring that the processing of RTS credits
(return to stock) are transacted within 24 hours.
ACCOUNTS PAYABLE:
- Ensure vendor statements are reconciled monthly and past dues
are researched and resolved.
- Review new vendors for CTPAT/ICA compliance and manage annual
PCI compliance.
- Approve new and revised vendor banking requests following our
internal test payment procedure.
- Oversee and manage complex vendor issues.
- Review weekly check runs for accuracy and approval
compliance.
- Manage the GRN report to ensure aging is current.
- Ensure all early pay cash discounts are taken.
- Ensure accurate and timely annual 1099 reporting.
- Collaborate with the Purchasing department on procedures,
approvals and expenditure guidance.
- Oversee and update leases and related CAM charges.
FIXED ASSETS:
- Oversee and manage accurate records and effective processes for
fixed assets, depreciation expense and construction in
progress.
COMPETENCIES:
- Customer Focus - Knows who internal customers are. Identifies
opportunities that benefit the customer (internal and external).
Establishes and maintains effective relationships. Delivers
products that meet customer expectations.
- Results Oriented - Works as a productive and cooperative member
of a cohesive group. Persists in accomplishing objectives despite
obstacles and setbacks. Pushes self and helps others achieve
results. Solution vs. problem oriented. Demonstrates ability to
adjust when obstacles arise.
- Communicates Effectively - Communicates proactively and with
purpose and professionally, in a concise and straightforward
manner. Attentively listens to others. Communicates to those
involved, especially if agreements cannot be kept.
- Accountability - Takes personal responsibility for decisions,
behaviors, actions and failures, and commits to necessary
corrective action. Able to admit limitations of knowledge, yet
demonstrate a willingness to do what is needed to improve.
Proactively seeks feedback without being defensive. Does what is
right because it is the right thing to do. Leaves personal
circumstances outside of work in order to remain engaged in the
task at hand. Maintains a positive attitude despite
adversity.
- Reliability - Demonstrates reliable and predictable attendance
and punctuality.
- Initiative - Ability to make decisions or take action to solve
a problem or reach a goal.
- Action Oriented - Eagerly takes on new opportunities and
challenges with sense of urgency and enthusiasm.
- Collaborates - Builds relationships and works cohesively with
others to meet common goals and objectives.
- Decision Quality - Consistently makes good and timely decisions
that keep the department productive.
- Drives Results - Constantly achieves daily results, even under
difficult circumstances.
- Instills Trust - Gains confidence and trust of others through
honesty, integrity, and authenticity.
- People Management - Provides guidance and direction to
department personnel to ensure, quality, and safety standards are
met. Builds an effective team by engaging, mentoring, and
developing direct reports.
- Plan and Align - Exceptional time management, organizational,
analysis, troubleshooting, and problem resolution skills.
- Situational Adaptability - Is comfortable working with multiple
changing priorities and shifting demands of different
situations.
- Financial Aptitude - Strong understanding of Generally Accepted
Accounting Principles (GAAP)
- Financial Aptitude - Experience in consolidation of foreign
entities in accordance with US GAAP is required
- Financial Aptitude - Ability to develop and establish financial
policies and procedures
- Financial Aptitude - Knowledge of and ability to practice
double entry accounting.
- Financial Aptitude - Ability to pass an Accounting Skills Test
that demonstrates knowledge of double entry accounting.
- Financial Aptitude - Knowledge of foreign exchange rate
treatment is required
- Interpersonal - Ability to get along well with a variety of
personalities and individuals.
- Problem Solving - Ability to find a solution for or to deal
proactively with work-related problems.
- Self-Motivated - Ability to be internally inspired to perform a
task to the best of one's ability using his or her own drive or
initiative.
- Team Builder - Ability to convince a group of people to work
toward a goal.
- Team Oriented - Ability to get along with others and to work
well in a team environment
- Technical Aptitude - Skill of planning and prioritizing work
activities.
- Technical Aptitude - Ability to calculate figures and amounts
such as discounts, interest, commissions, proportions and
percentages
- Working Under Pressure - Ability to complete assigned tasks
under stressful situations. -
Qualifications
POSITION QUALIFICATIONS
Education & Experience: BA/BS in Business with an emphasis in
Accounting required. Five to eight years' proven experience in a
similar role required. Accounting supervisory experience required.
Experience structuring medium to large credit structures. Solid
understanding of independent dealer business models and finance
programs. Experience working with multi-channel sales manufacturer
consisting of independent retail businesses, chains and country
distributors that sell to consumers preferred. Expert understanding
of financial analysis including balance sheet, income statement,
cash flow and key financial ratios for the purpose of underwriting
credit and to prepare accurate reports in a timely fashion. Solid
understanding of Revised Article 9 of the Uniform Commercial Code.
Knowledge of foreign exchange rate treatment is required.
Computer Skills: Experience using Syspro is desirable. Experience
with Avalara software is desirable. E-Commerce experience
preferred. Familiarity with Shopify is a plus. Experience using
Budget Maestro is desirable. Experience using Prophix is desirable.
-Experience with FAS Best Fixed Asset Software is desirable.
Proficient in ten-key operation. Ability to be trained in finance
software. Strong computer skills - Word, Excel and PowerPoint.
Certificates & Licenses: CPA and/or MBA preferred.
Keywords: Taylor-Listug, Inc., El Cajon , Assistant Controller, Accounting, Auditing , El Cajon, California
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