BEAUTY QUEST GROUP Assistant Controller Salary in the United States

Company Overview:

Beauty Quest Group (“BQG”) is a leader in professional hair care, a leading integrated manufacturer and marketer of branded and private label hair care, color, and styling products to professional salons and specialty retailers. BQG sells a wide range of hair care products under its own brands, Aquage, RUSK, and One ‘n Only, as well as Private Label brands for leading retailers.  BQG also provides contract manufacturing services to other leading marketers of hair care and other topical products. 

In June 2019, BQG was acquired by Transom Capital Group, an operations-focused private equity firm in the lower-middle market, in a leveraged carve-out.

Position Description:

Reporting to the Controller, the Assistant Controller will lead the Accounts Receivable and Accounts Payable functions, assist with the monthly close, provide accounting guidance to ensure accurate financial reporting and ensure that reported results comply with generally accepted accounting principles. The position will be expected to manage three to five subordinates.

This is a great opportunity for someone who enjoys working in a small company setting, building processes and systems from the ground up and is eager to partner with key team members to offer sound advice, build organizational efficiencies and drive business growth.  Current initiatives include stabilization of a new ERP system and driving accounting process improvements and efficiencies.

Responsibilities: 

• Preparation of financial statements in compliance with official guidelines and requirements.
• Maintains the integrity of the general ledger.
• Purchase accounting entries for mergers/acquisitions and integration of finance functions into existing structure.
• Loading trial balance and web forms into Oracle monthly and running various ad-hoc reports for analysis purposes.
• Improve business processes by eliminating waste and increasing quality while achieving and maintaining optimal levels of process performance.
• As a key process owner, ensure all internal controls are being followed and any reporting requirements for the related job responsibilities are completed.  Maintain documentation and support the Company’s internal control environment.
• Manage completeness and timeliness of tasks on the monthly closing schedule.
• Responsible for maintaining company’s revenue recognition accounting practices in accordance with US GAAP.
• .Journal entry / account reconciliation preparation and review, as assigned.
• Maintenance of accounting policies and procedures.
• Assist in the preparation of budgets or forecasts.
• Manage the annual audit and auditor relationship.
• Help in development of reports for management or regulatory bodies.
• Review the company’s accounting information to identify and resolve inaccuracies or imbalances.
• Utilize accounting IT system to facilitate processes and maintain records.
• Interface with the Manufacturing team to assist with inventory and reserve analyses.
• May be expected to get involved with banking/treasury matters as well as working tax service providers to supply requested information.

Requirements:

• Bachelor’s degree in Accounting.
• Minimum 5 years public accounting experience.
• 3+ years’ experience in a supervisory role.

• Experience with account reconciliations, general ledger, accounts payable, payroll reconciliations and reporting.

• Solid knowledge of GAAP (Generally Accepted Accounting Principles) and regulations.
• Process-oriented.
• Strong consolidation experience.
• Knowledge of accounting and financial processes.
• Well-organized with ability to prioritize.
• Good communication and interpersonal skills.
• Attention to detail and problem-solving ability.
• Working knowledge of MS Office.
• Experience with NetSuite preferred.
• Experience in a related industry a plus.

***No recruiter calls, please***