LiveTrends Design Group · 2 hours ago
Controller
LiveTrends Design Group is seeking a Controller to oversee all accounting operations and financial reporting. This role is responsible for providing accurate financial insights that support operational decision-making and leading the accounting team in a fast-paced manufacturing environment.
Home DecorInterior DesignMarketing
Responsibilities
Oversee all accounting functions including general ledger, AP/AR, payroll accounting, fixed assets, inventory accounting, and cost accounting
Ensure timely and accurate monthly, quarterly, and annual financial statements in accordance with GAAP
Lead the monthly close process, including reconciliations, accruals, and variance analysis
Prepare financial reporting packages for executive leadership, including insights on margin, labor, inventory, and operational performance
Ensure inter-company transactions and eliminations are accurately recorded and reconciled across the multi-entity structure
Lead the annual budgeting process and rolling forecasts
Partner with department leaders on workforce planning, including full-time vs. seasonal labor cost modeling
Provide financial analysis to support capital investments, headcount planning, and operational initiatives
Support long-range financial planning and growth strategies
Lead, mentor, and develop the accounting team
Set clear expectations, performance goals, and development plans
Foster a culture of accountability, continuous improvement, and collaboration
Serve as a primary contact for external auditors, managing audit schedules and providing necessary documentation
Develop, document, and maintain strong internal controls over financial reporting across all entities, focusing specifically on control points for WIP and Inventory
Oversee the cost accounting function, including the development and maintenance of standard costs, variance analysis, and monitoring overhead absorption
Manage the valuation, impairment, and reconciliation of Work in Progress (WIP) accounts, ensuring accurate cost accumulation and revenue recognition
Direct the periodic physical inventory counts and cycle count program, ensuring proper valuation methodologies are applied (e.g., FIFO, Weighted Average)
Recording and capitalizing the total cost of new assets, including purchase price, installation, and any related costs
Maintaining a centralized, accurate fixed asset register with details like asset ID, location, condition, and responsible department. This often includes conducting periodic physical inventories
Reporting of capital projects for Balance Sheet and Income Statement transactions
Calculating and recording depreciation using appropriate accounting methods to accurately reflect the asset's value on the balance sheet
Managing the process of asset disposals at the end of their useful life and correctly recording any gain or loss
Manage and reconcile banking relationships, including monitoring cash position across all entities, approving wire transfers, and overseeing foreign currency transactions (if applicable)
Support the COO/CFO in managing debt covenants and ensuring compliance with loan agreements
Oversee the financial aspects of the company's insurance programs (Property & Casualty, D&O, General Liability, etc.), including annual renewals, managing audits, and ensuring adequate coverage for all assets and liabilities
Collaborate with Purchasing and Procurement Teams to ensure vendor contracts and service agreements are reviewed and managed effectively from a financial perspective (e.g., payment terms, financial stability)
Qualification
Required
Bachelor's degree in Accounting, Finance, or a related field
A minimum of 10+ years of progressive accounting experience, with at least 7 years in a management role
Must have strong, hands-on experience with cost accounting, WIP, and Inventory valuation in a manufacturing, construction, or project-based environment
Proven experience managing financial reporting, transactions and consolidation for a multi-entity, multi-currency, and multi-country organization
Deep knowledge of Generally Accepted Accounting Principles (GAAP)
Advanced proficiency with ERP systems (preferably SAP platforms) and Microsoft Excel
Experience implementing or upgrading ERP systems
Exceptional leadership and personnel management skills
High degree of attention to detail and accuracy
Strong analytical and problem-solving abilities
Excellent written and verbal communication skills, with the ability to communicate complex financial information clearly
Ability to thrive in a fast-paced, deadline-driven environment