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:

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• 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:
  
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  • 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:
    
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    • 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:
      
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      • Oversee and manage accurate records and effective processes for fixed assets, depreciation expense and construction in progress.
        
        
        COMPETENCIES:
        
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        • 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.
          
          
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          • 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