Controller

Responsibilities

Stagwell is looking for a Controller to join our Corporate Finance team. The Corporate Controller will be responsible for leading all aspects of the accounting and reporting functions within the Corporate ledger. The ideal candidate will lead the Accounting and Shared Service functions (AR, AP, Payroll) in executing the monthly close on a timely basis, as well as provide timely financial reporting (external, internal/departmental, tax, statutory, ad hoc) to various key stakeholders. The Corporate Controller will report to the VP Finance, Corporate.

Responsibilities:

• Responsible for monthly reporting:
• Lead the month-end close process, including balance sheet reconciliations, reporting packages, and variance analysis
• Review bi-weekly payroll, journal entries and prepare monthly reconciliations
• Manage the network’s month-end reporting process in compliance with Stagwell global deadlines and guidelines
• Oversee a team of 6 direct reports within the Accounting team (US / Philippines) and 5 members of the Shared Service function (AP, AR, Payroll)
• Provide monthly reporting to Corporate executives (C-suite & direct reports) to ensure strict adherence to budgets
• Lead the accounting team in the build out of desktop procedures/policies for the various Corporate accounting workstreams
• Utilize ERP to track and maintain key initiatives / projects for all Corporate functions
• Assist the VP Finance and COO with ad hoc financial analyses to report to Executive management
• Oversee the accounting of the Stagwell self-funded insurance plan, including managing the third-party insurance actuary in tracking the self-funded insurance plan profitability
• Review and approve monthly reconciliation of all Balance Sheet accounts and certain P&L accounts
• Build and manage scalable and automated process of reconciling Intercompany activity with Stagwell subsidiaries, reporting directly to the Chief Accounting Officer
• Own SOX compliance by establishing/maintaining strong accounting controls and practices over financial reporting with the assistance of Corporate SOX Team
• Manage/Review monthly close entries according to U.S. GAAP (i.e., Accruals, Cash and CC Reconciliations, Amortization/Depreciation)
• Assist VP Finance in tracking client profitability / managing Corporate Allocations process ($250MM allocations and chargebacks annually)
• Assist in treasury functions including day to day banking and cash activity
• Assist the VP Finance with ad hoc financial analyses, including P&L variances and cash flow forecasting
• Manage Internal, External, and statutory audits. Prepare schedules as assigned and conduct audit research and answer audit requests

Qualifications

• Bachelor’s degree in Accounting/Finance
• Experience managing a team within a financial close process (4-5 day close timeline)
• Active CPA license
• Public Accounting and industry experience being a plus
• Deltek Maconomy (or competing ERP) experience
• Demonstrated competence in operational improvement and system optimization
• Strong communication skills (verbal and writing)
• Ability to present accurate financial information in a clear and concise manner
• Ability to coordinate and lead projects involving several departments
• Excellent Excel skills
• Ability to delegate and manage tasks to achieve team goals

In order to comply with equal pay and salary transparency laws in various locations, we believe the target range of base compensation in New York City for this role is $160,000 - $180,000. Actual compensation is influenced by a wide array of factors including but not limited to skill set, level of experience, and location.

In addition to medical, dental and vision coverage, we offer a generous PTO plan, 401k program, comprehensive family planning benefits (including paid parental leave), tuition reimbursement, and pre-tax commuter benefits. Benefits/perks may vary depending on the nature of your employment with Stagwell and the location where you work.

Salary : $160,000 - $180,000