What are the responsibilities and job description for the Financial Controller position at Cohen Careers?
About the company:
Cohen Careers's client is a leading innovator in the digital commerce space, offering a comprehensive suite of services that empower brands to thrive online. From developing cutting-edge marketing campaigns to managing fulfillment across diverse sales channels, we provide everything a brand needs to succeed in the ever-evolving digital landscape. Our success is driven by a commitment to excellence and a proprietary technology platform that empowers us to deliver best-in-class solutions.
About the Role:
We are seeking a highly motivated and detail-oriented professional to oversee accounts receivable (AR) and accounts payable (AP) functions. You will lead a team and be responsible for ensuring accurate and timely financial reporting.
Responsibilities:
- Accounts Receivable (AR):
- Supervise AR staff and review invoices before client delivery.
- Validate accuracy against agreements, assign proper account codes, and ensure revenue recognition follows accounting standards.
- Manage delinquent accounts, document collection efforts, and lead weekly review meetings.
- Accounts Payable (AP):
- Supervise AP staff and review bills for proper coding and timing.
- Correct discrepancies and train staff for improved accuracy.
- Analyze aging reports and prepare payments for approval.
- Financial Close and Reporting:
- Lead month-end closing activities, including reviewing journal entries and reconciling inventory balances.
- Guide staff on accruals and deferrals for accurate financial statements.
- Commission Management:
- Calculate commission based on collections, prepare workpapers, and determine eligibility.
- Develop a commission schedule for approval and present for payment.
- Cash Flow and Reporting:
- Participate in weekly cash flow meetings, providing insights on collections and payments.
- Assist with cash flow projections and identify potential variances from standard business practices.
- Audit Support:
- Ensure adherence to audit standards and manage the annual audit process.
- Prepare and reconcile month-end workpapers with the trial balance.
- Maintain accessibility of supporting documents for audit purposes.
Qualifications:
- Bachelor's degree in Accounting or related field preferred.
- Minimum of 8 years experience in AR/AP or similar financial operations role.
- Experience working with Quickbooks Online
- Strong understanding of GAAP accounting principles.
- Experience leading and supervising a team.
- Excellent analytical and problem-solving skills.
- Proficient in Microsoft Office Suite and accounting software.
Job Type: Full-time
Pay: $160,000.00 - $190,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Experience level:
- 8 years
Schedule:
- 8 hour shift
Ability to Commute:
- Birmingham, MI 48009 (Preferred)
Ability to Relocate:
- Birmingham, MI 48009: Relocate before starting work (Required)
Work Location: Hybrid remote in Birmingham, MI 48009
Salary : $160,000 - $190,000