Controller, Management, Financial Compliance

Description

Job Title: Controller

Reports to: Chief Executive Officer

Department: Finance

Location: 808 Timberlake Road, Fairmont, MN 56031

Position Summary: The Controller is responsible for all aspects of financial management, including overseeing financial reporting, budgeting, compliance, and analysis to support the strategic decision-making of the organization. This role demands a detail-oriented professional who can ensure accurate financial management and reporting while helping drive financial growth.

• Curious Attitude: An employee who is curious is motivated to take time to question and explore new things to find answers that will ensure the best outcomes for the organization.
• Focus on Quality: An employee who values quality has integrity and produces results that meet high standards set by the organization.
• Passion for Service: An employee who is service-oriented displays a positive behavior and responds to customers using good business practices to meet their needs and expectations.
• Dedicated Spirit: A dedicated employee is one who takes ownership for their role and the whole organization to ensure that goals are achieved.

• Financial Reporting & Analysis: Prepare, review, and analyze monthly, quarterly, and annual financial statements, ensuring accuracy and compliance with GAAP/IFRS. Provide timely internal financial statements to the leadership team.
• Budgeting & Forecasting:
  Lead the budgeting process, including forecasting and variance analysis, to guide financial planning and strategic business decisions.
• Cash Flow Management: Oversee cash flow and ensure liquidity; manage relationships with banks and financial institutions.
• Internal Controls:
  Develop, implement, and monitor robust internal controls to ensure the integrity of financial data and mitigate risk.
• Regulatory Compliance: Ensure compliance with local, state, and federal tax filings, sales tax and payroll tax filings as well as other financial reporting requirements. Work closely with and compile data for our tax preparation consultants.
• Audit Coordination: Manage audits, liaising with external auditors and preparing necessary documentation.
• Team Leadership: Supervise, mentor, and develop the accounting team, fostering a collaborative and results-driven environment.
• Manage and provide hands-on support to all accounting operations including Accounts Receivable, Accounts Payable, and General Ledger, Cost Accounting, Inventory Accounting and Revenue Recognition.
• Manage Performance:
  Establishes clear work standards and expectations, monitors performance, motivates employees, utilizes coaching and corrective action when necessary, and conducts performance appraisals on a timely basis.
• Delegate:
  Efficiently and appropriately delegates tasks to meet the goals of the organization. Monitors progress on tasks and take action to assure goal accomplishment.
• Develop Others:
  Create an environment of support and positive regard for staff. Encourages staff development through self-assessment, skill development, training and learning. Acts as an advocate for staff.
• Process Improvement: Evaluate, improve, and document accounting processes and systems, leveraging technology to increase efficiency.
• Strategic Support: Partner with senior leadership to analyze financial performance, support strategic initiatives, and provide actionable insights for growth.
• This Job description is not comprehensive, and all employees must be flexible, and willing to perform other duties as assigned by their supervisor.

To perform the job successfully, an individual must demonstrate the following:

• DEPENDABILITY AND RELIABILITY:
  Performs all duties and assignments whether or not supervision is present.
• COMMUNICATION
  
  SKILLS:
  
  Expresses ideas, information, and instruction in a positive and effective manner.
• TEAMWORK and COOPERATION:
  Works cooperatively with coworkers and supervisor. Acts as an effective team member with other employees through cooperation.
• JUDGMENT:
  Makes reasonable and appropriate decisions.
• ADAPTABILITY:
  Readily and effectively adjusts to changing ideas and activities.
• ROLE MODELING:
  Acts as a good role model for other employees.
• CREATIVITY:
  Shows imagination and innovation in solving problems.
• ATTENDANCE:
  Reliably reports for work as scheduled, works OT when requested.
• SAFETY:
  Follows all safety rules and works in a safe manner.
• PRODUCTIVITY:
  Produces an acceptable amount of work, of sufficient quality in an appropriate amount of time.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Strong knowledge of GAAP/IFRS and financial regulations.
• Proficiency in…