Controller - East Windsor, United States - Southern Auto Auction

Description

SUMMARY:
Manages all aspects of the accounting department. Lead a team of approximately 8-10 team members covering accounts payable, accounts receivable, collections, etc. Also responsible for finance, daily banking, financial statements, taxes, etc. Responsible for overseeing the technical efficiencies of auction day activities.

Must also ensure that the accounting team has the skills to be able to produce financial statements and reports that are accurate and timely.

Implements policies and procedures for financial reporting as well as participate on the leadership team and in strategic planning.


ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

• Responsible for entering and approving daily wires to receive and disburse funds to appropriate company account destinations on a daily basis.
• Produce accurate financial statements and report preparation.
• Review and analyze income and expense accounts to explain and justify fluctuations. Prepare and generate appropriate reports for executives.
• Review asset and liability accounts and tie out to actual.
• Ability to reconcile company cash accounts on a daily basis.
• Ensure accurate postings to the general ledger.
• Guide assistant controllers and staff accountants in general journal entries from sale results.
• Ensure accurate posting to the general ledger. Ensure accurate reconciliation of accounts.
• Overseeing the month end close process performed by assistant controllers and staff from which monthly financial statements will be prepared.
• Protect operations by keeping financial information and plans confidential.
• Lead a team of approximately 810 team members.
• Interview, hire on an as needed basis. Provide coaching on performance; resolve employee relations issues, up to and including dismissal. Coach and motivate the team.
• Train new and current staff in all functions related to the accounting department. Hands on approach to answering questions and solving problems.
• Maintain a culture of cooperation and congeniality for the team to assure high productivity levels.
• Delegate work responsibilities to team members, ensuring balanced workloads.
• Prioritize necessary job functions/activities and stress the importance of the proper progression of daily accounting functions.
• Ability to track through schedules in excel spreadsheets the daily, weekly, and monthly operations for various aspects of the company.
• Ensure the integrity and accuracy of the data.
• Work closely with and manage the company's accounts receivable and payable accounts team.
• Answer questions on distribution of accounts payable and receivable.
• Guide the team to tactfully collect outstanding accounts.
• Serve as backup to executive payroll processing (inhouse) by reviewing attendance reports on a biweekly basis and entering information into HRIS timekeeping and payroll system.
• Serve as back up by running biweekly reports and ultimately direct deposits to coincide with biweekly salary requirements for employees on the executive payroll.
• Provide statistical information/reports for the yearly process of determining pay increases and bonuses at the appropriate level.
• Prepare quarterly and annual payroll tax return filings and monthly sales tax return statements along with processing any payment due the Federal and State Government on monetary activities transacted by the company.
• Assist the external CPA in completing annual tax returns and accompanying data.
• Prepare and process annual year end 1099's for vendors.
• Coordinate the accounting staff during auction days. Train team members; delegate responsibilities.
• Ensure cash receipts are processed accurately. Handle cash, wire transfers, checks. Reconcile customers accounts. Ensure bank deposits are made and are accurate.
• Oversee floorplan operations as part of the accounts receivable function.
• Ensure all team members are providing outstanding customer service.

QUALIFICATIONS
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.


EDUCATION and/or EXPERIENCE
An accounting degree. CPA would be preferred.

At least 5-7 years' experience in business/for profit sector, preferably in accounting.

At least 4 years management experience.

Proven track record of all accounting principles; accounts receivable practices, collections procedures.


Pay:
$90, $100,000.00 per year


Benefits:

• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Life insurance
• Paid sick time
• Paid time off
• Profit sharing
• Tuition reimbursement
• Vision insurance

Experience level:

• 6 years

Schedule:

• 8 hour shift
• Monday to Friday

Education:

• Bachelor's (