Financial Controller VP of Finance

My Client is currently seeking a Financial Controller / VP of Finance to work closely with our executive management team to help drive continued growth and support our entrepreneurial culture. 

This is a great opportunity for the individual that is looking to gain broad business experience and be part of a winning team.

The ideal candidate is a professional, detail-oriented individual with great communication skills and a passion for business. In this role, you will work closely with the COO and will be fully responsible for producing high-quality financial statements, managing the day to day accounting operations and staff, forecasting and budgeting, cost containment, working with external partners (e.g. Bankers, Auditors, Insurance agents, etc.), and directly supporting our Business Unit Leaders.  

The successful candidate will be a responsible and strong leader with the ability to establish and implement policies and procedures to meet financial reporting deadlines with accurate and timely financial reports.

Areas of responsibilities include general ledger oversight, financial reporting, cash management, banking, financial risk management, accounting research, and income and sales tax reporting and compliance.

Develop, analyze, and interpret accounting information in order to appraise operating results in terms of profitability, performance against budgets, and other matters bearing on the fiscal soundness of operating effectiveness of the Company.

Ability to manage team and be hands on in cash management, A/R collections, and A/P disbursements. This includes the annual 1099 process and all other banking and regulatory requirements.

Establish/refine policies and procedures across all functional areas of the business, including: Procurement, credit and collections, supplier payment terms, contract administration, establishing new customers and suppliers, and inventory management.

Act as the financial gatekeeper for the Company in an effort to maximize profits and cash flows. Develop methods to lower operating expenses and Identify opportunities to increase gross profits.

Identify and curtail up-trending expenses without materially disrupting the normal course of business.

Responsible for planning and compliance of all sales and income tax provisions.

Oversee matters related to document control and storage in adherence to the Company’s record retention policy.

Coordinate and act as liaison between the Company and the independent accounting firm to provide detailed schedules in connection with annual reviews and corporate income tax return filings.

Furnish internal reports, revise and update reports to be more useful and efficient.

Disseminate such reports to users in a timely manner.

Develop useful KPI’s and dashboard reports to keep decision makers apprised of financial position, including: Sales, A/R, A/P, Inventory, T&E expense, Operating expense, and ROI’s

Gauge profitability across all customers and provide weekly reporting.

Ensure punctual and accurate close of financial records to support timely delivery of internal reports to decision makers. Conduct and oversee month-end closing procedures, including overall adherence to GAAP.

Oversee the general ledger and review all aspects of proposed adjusting journal entries as well as account reconciliations.

Research accounting issues for compliance with GAAP

A/R, A/P, PR, GL, and Financial Statement preparation

Business forecasting, budgeting and planning, and cost containment

ERP system management (NetSuite)

Sales tax, insurance, banking, employee benefits / 401k, etc…

Manage staff of 5 direct reports

Optimize interdepartmental communication

Bachelor’s degree in Accounting or Finance, and 5 – 7 years of related experience. CPA preferred

Highly proficient with various accounting systems (NetSuite or equivalent)

Experience at a technology equipment distribution and services company (or equivalent)

Strong GAAP knowledge

Strong written, verbal and collaboration skills

Located in or near Santa Barbara, CA