Business Unit Controller jobs in Ogden, UT

ControlByWeb, based in the Logan, UT area is seeking an experienced Controller to manage all aspects of the Accounting Function for this highly successful industrial controls company. The Company is experiencing very high growth and is looking to expand its operations.

ControlByWeb is a portfolio company of North Branch Capital.

Ownership Overview

North Branch Capital is a lower middle market private equity firm, based in Oak Brook, IL, with a long history of investing alongside and partnering with management teams in industrial businesses. www.northbranchcap.com

Position Summary

ControlByWeb is seeking an established professional with experience in managing all aspects of accounting and finance for the Company. This is a key senior management position in the Company and is important to its long-term success. This position reports to the President and will have the responsibility to report timely and accurate information to the board of directors, banks, and various other stakeholders. This position has strong growth potential as the company is looking to very rapidly grow organically and through acquisitions.

Scope & Responsibilities

Accounting & Finance –Develop and oversee all accounting and finance activities of the Company. Such functions shall include, but not be limited to, the following:

• Responsible for all AP, AR, billing, job cost accounting, payroll, monthly financial reporting and other traditional accounting functions in accordance with GAAP.
• Establish and maintain accounting policy and procedures to ensure best practice internal controls for a middle market company.
• Provide timely and accurate reporting on covenant compliance to bank and investors.
• Responsible for monthly financial close including bank and other balance sheet reconciliations to ensure financial statement accuracy.
• Provide timely and meaningful reporting to the Board and the President regarding the financial condition and performance of the Company, including the preparation of monthly financial statements, and board materials in advance of board meetings.
• Oversee annual financial audits, including acting as the primary liaison with auditors.
• Minimize federal, state and local tax liabilities through effective tax planning and research.
• Manage the company’s tax reporting and tax payments.
• Remain up to date on developments that may impact operations or reporting requirements.
• Establish record retention policies and procedures to ensure corporate reports and documents are controlled and protected with proper security protocols.
• Manage and supervise payroll and payroll reporting function to ensure compliance with wage and hour laws and regulations.
• As the Company expands, be responsible for consolidations and reporting for a company with multiple entities and diverse geographic locations.
• Effectively manage, supervise and grow the accounting function.

Budgeting & Planning – Work with the CEO and the board to develop a detailed annual budget for the Company in the 4th Quarter of each year to be approved by the Board each January. Provide quarterly (or as otherwise required) forecast updates comparing actuals.

Reporting – Drive multiple entity reporting process by partnering with business leadership and creating standards that are repeatable and scalable.

Management – Participate as a member of the senior management of the Company, including providing analysis, insight and recommendations for major policy and strategic decisions. Look for ways to improve the profitability, efficiency and effectiveness of the organization and coordinate with the President and the Board in gaining approval and, as appropriate, implementing such recommendations.

Growth – Partner with the senior team and Board to assist in the acquisition process. This will include due diligence and integration.

Technology – Partner with the CEO and team to ensure this technology focused company continues to scale with automation and effectiveness in every department. He/she will lead the Company in converting from NetSuite to a new cloud platform.

Insurance – Annually review and analyze insurance coverages, premium costs, and carrier/broker relationships, and make recommended changes and/or revisions as appropriate. Develop and administer programs, policies, and procedures concerning risk management and loss prevention to ensure the most effective methods of protecting the assets of the Company. Actively manage workers comp claims and reviews with the goal of minimizing the experience modifier for the Company and staying up to date on the status of all open workers comp claims.

Bank Relations – Maintain day to day relationship with the Company’s bank to properly fund operations and manage treasury services. Monitor and report bank covenants, borrowing base and other terms of bank agreements. Keep the President and the Board apprised of any existing and/or potential violations and provide guidance to the Company on how to overcome and/or work through such situations.

Requirements

• 5 to 7 years of experience as a leader in a middle market growth company
• Ability to consolidate financial statements from multiple entities
• Entrepreneurial; must be able to work independently with minimal guidance and direction
• Strong communication skills with the ability to work with internal and external stakeholders
• Strong presentation skills
• Has played a significant role in acquisitions and integrations
• Strong supervisory and team building skills
• Familiarity with Microsoft Office Suite of applications. Advanced skills in MS Excel a must
• Direct experience with NetSuite is preferred, but not required. Experience with a cloud-based system is ideal
• Experience with private equity ownership preferred
• Experience dealing with senior leaders on covenants and compliance is a plus

Education/Qualifications

• BS Degree in accounting or finance
• CPA is a strong plus

Compensation

An attractive compensation package comprised of base salary, annual performance bonus, benefits and equity will be constructed to attract outstanding candidates.

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Health insurance
• Health savings account
• Life insurance
• Paid sick time
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday

Supplemental pay types:

• Performance bonus

Work Location: In person