Controller

Teremana Tequila
New York, NY Full Time
POSTED ON 10/11/2023 CLOSED ON 11/9/2023

What are the responsibilities and job description for the Controller position at Teremana Tequila?

Company Information:

Launched in early 2020, Teremana Tequila is an ultra-premium, small-batch tequila founded by Dwayne ‘The Rock’ Johnson. It is crafted at Destileria Teremana de Agave in the highest peaks of the Jalisco highland mountains with three expressions: Blanco, Reposado, and Añejo. Made from 100% fully mature Blue Weber Agave slow roasted in small traditional brick ovens and distilled in handmade copper pot stills, Teremana is one of the most awarded tequila brands in the world. Teremana has a simple goal; to create a high-quality, responsibly sourced tequila that is accessible by everyone to enjoy. To date, Teremana is one of the fastest-growing spirits brands in the world, reaching almost a million 9L cases sold in the rolling 12 months, faster than any other spirits brand in history.

Teremana loosely translates as ‘spirit of the earth’. The Latin word ‘terra’ meaning earth, and the Polynesian word ‘mana’, meaning spirit. Teremana stands for taking care of what and whom we love. From taking care of the land where we source our agave, to the painstaking process of creating our tequila, to the people we work and spend time with.

Learn more about Teremana: http://www.teremana.com/

Select trade press coverage:

Just Drinks- https://www.just-drinks.com/interviews/dwayne-is-i...,

The Spirits Business- https://www.thespiritsbusiness.com/2022/01/the-big...

Role Overview:

Siete Bucks Spirits (SBS) is in search of a Finance Controller. As Controller you will serve as the organization’s lead accountant responsible for accounting, finance and treasury functions including tax compliance, payroll, banking, T&E and overhead management. As the Controller, you will oversee the day-to-day operations, communication of financial information used by management to plan, evaluate and control the activities of the company. This position will be accountable for management of accounting systems and a comprehensive set of controls designed to mitigate financial risk. The ideal candidate is eager to learn, self-motivated, and able to execute complex tasks and projects while maintaining a great attitude.

The Teremana team is a lean entrepreneurial team with individuals who embody Teremana’s core values of quality, gratitude and bringing people together.

Principal Duties and Responsibilities:

  • Use accounting judgment to manage daily transaction flow to ensure compliance with US & International GAAP.
  • Manage monthly/annual financial closings to produce financial statements, including income statements, balance sheets, and cash flow statements, and analyses of results for senior leadership
  • Own the overhead budgets for the company including forecasting, actuals tracking and review, and analysis of risks and opportunities
  • Formulate and implement policies and procedures to ensure the integrity of financial information, maintain internal control and comply with US & International GAAP
  • Direct the year-end audit process
  • Oversees bi-weekly payroll processing and record keeping for the company, including management of 3rd party payroll management services including state & federal payroll filings
  • Work in conjunction with HR to oversee the company’s benefits including the company 401K Plan
  • Manage corporate income tax and sales tax ensuring compliance with all local, state, and federal government reporting requirements and tax filings

  • Manage all accounting operations including A/R, A/P, Fixed Assets and T&E
  • Develop and document business processes and accounting policies to maintain high quality and solid internal controls
  • Manage the cashflow forecasting and reporting to SBS headquarters
  • Work with key stakeholders on compliance, marketing and sales budgets
  • Previous working experience as a Controller
  • 7 years of overall combined accounting and finance experience
  • Degree in Accounting
  • CPA required
  • Experience working with SAP, a huge plus
  • Excellent management and communication skills
  • Solid problem solving and analysis skills
  • Highly skilled in Excel
  • Live the brand & Bring the Mana!
  • Highly competitive compensation packages
  • Comprehensive medical, dental, and vision insurance
  • 401(k) plan
  • Generous holiday and vacation policy
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