FBG Services Controller

Bloomington, MN
Bloomington, MN 55438, USA

• Pay or shift range: $160,000 USD to $200,000 USD Flagg Bicycle Group (Quality Bicycle Products, Workstand, Wheel Mfg and Terry Precision Cycling) approaches pay in an ethical and transparent way. Pay ranges are assigned to a job based on market data from 3rd party salary benchmark data as well as balancing internal equity of other roles with similar levels of responsibility.
  
  Individual pay within the range can vary for several reasons including, but not limited to, skills, abilities, experience, tenure, performance, and available budget.

Organization Overview

FBG Services, LLC (FBGS) is a shared services company owned by Flagg Bicycle Group, LLC that contributes to the operational performance of the operating businesses within the holding company. FBGS also serves the Flagg Bicycle Group, LLC Board of Directors in work that sits at the intersection of governance and operations. Finally, FBGS offers limited support to other businesses and trusts associated with the Flagg-Henrickson legacy plan.

Position Overview

The FBG Services Controller is a key leadership role within FBGS. The Controller leads accounting, finance, and tax operations for the holding company and for operating businesses as defined in the FBGS charter (specific activities vary by operating business). Leadership responsibilities include participation in FBGS senior leadership and supervision of the FBGS accounting team.

This is a leadership role with defined hands‑on responsibilities. The Controller personally prepares or finalizes key Board, shareholder, and family‑office reporting and oversees team‑prepared work in other areas.

The Controller works closely with operating business leaders, external audit and tax advisers, Board committee leadership, and designated family‑office representatives. The Controller may also support acquisitions, dispositions, and post‑close integration as opportunities arise.

Accountability Levels

The verbs in this description indicate the level of accountability:

• Own / Prepare:
  The Controller is accountable for the outcome and personally performs or finalizes the work.
• Oversee / Manage:
  The Controller is accountable for the outcome; the team or outside providers perform the work under the Controller's direction and review.
• Coordinate:
  The Controller runs the process and timeline; others (advisers, operating leaders) are accountable for parts of the output.
• Support / Partner:
  The Controller contributes expertise; another leader or body owns the outcome.

Primary Duties and Responsibilities

Financial Reporting, Consolidation, and Board Reporting (≈35%)

• Holding company and consolidation
  • Own the monthly, quarterly, and annual close and consolidation process, including close calendars, account reconciliations, intercompany activity, eliminations, journal-entry controls, and timely delivery of accurate US GAAP financial statements.
  • Establish reporting standards, deadlines, and review procedures that produce consistent, useful reporting across participating businesses.
  • Provide financial oversight and analysis across the portfolio to support decisions by executive leadership and the Flagg Bicycle Group, LLC Board of Directors.
  • Prepare financial reports and analysis for shareholder reports and meetings.
• Board and committee reporting
  • Serve as management liaison to the Flagg Bicycle Group, LLC Audit, Risk, and Compliance Committee, subject to the Committee charter, and provide timely reporting on material accounting, tax, compliance, audit, liquidity, and internal‑control matters.
  • Identify opportunities to strengthen financial performance, reporting, controls, and risk management, and provide clear recommendations to executive leadership and the appropriate Board…