Waterfront Logistics · 1 week ago
Business Controller
Long Beach, CA
Full-time
Onsite
Mid, Senior LevelWaterfront Logistics is a company that offers smart, reliable solutions for logistical challenges. They are seeking an experienced Business Controller to support warehousing and transportation operations, focusing on financial analysis and profitability through detailed billing and comprehensive financial reporting.
Transportation/Trucking/Railroad
Responsibilities
Oversee the accuracy and timeliness of billing processes for warehousing activities and transportation or drayage operations
Verify invoices by cross-referencing contracts, rate cards, accessorial charges, service logs, WMS and TMS activity, and supporting operational documentation
Conduct weekly and monthly revenue leakage analyses to identify missed charges, incorrect rates, duplicate billings, and unbilled activities
Perform comprehensive analyses of customer and vendor billing, including profitability assessments, margin calculations, and evaluations of billing timeliness and accuracy at the activity level, such as per shipment, customer, or transportation route
Support the month-end close process through accruals and financial analysis. Prepare and oversee business performance reporting in collaboration with the Head of Finance
Identify opportunities for cost savings in transportation, warehousing, and supply chain operations by analyzing expenses, vendor contracts, and operational efficiencies
Conduct comprehensive analyses, including variance analysis, trend identification, and scenario modeling, to deliver actionable insights to senior leadership
Work collaboratively with operations teams to ensure accurate invoice processing, proper cost accruals, and timely payments for logistics-related activities
Serve as a liaison with internal stakeholders to facilitate financial reconciliations and manage business performance
Assist the CFO with ad-hoc financial projects, including investment evaluations, risk assessments, and process improvements aimed at strengthening overall financial controls
Monitor accounts receivable performance and the collection process, acting as a liaison with the funding company. Strengthen internal controls related to order-to-cash and procure-to-pay processes, including approvals, documentation, and audit trails
Ensure efficient use of systems (ERP, TMS, WMS, YMS software) for data accuracy and reporting automation
Develop and maintain key financial metrics, dashboards, and models to support budgeting, forecasting, and long-term financial planning. Track and analyze critical operational and financial key performance indicators, including:
O Billing lag, unbilled orders, dispute rates, and credit or rebill frequency
O Gross margin by customer or service and accessorial capture rate
O Labor productivity, measured as units or pallets per hour, overtime percentage, and the mix of temporary versus full-time employees
O Warehouse cost per unit, per pallet, or per order, as well as transportation cost per move
O Days sales outstanding and collections impact resulting from billing quality, in partnership with accounts receivable
Facilitate weekly business reviews with operations and finance teams, translating data analyses into actionable recommendations
Perform other tasks as assigned by management
Qualification
Required
Bachelor's degree in Finance, Accounting, Business Administration, or a related field required
Experience in financial analysis or controlling, preferably within logistics, warehousing, or transportation
Demonstrated proficiency in financial modeling and advanced data analysis tools
Comprehensive understanding of financial reporting standards, budgeting procedures, and cost analysis methodologies
Strong analytical and problem-solving abilities, with a demonstrated capacity to translate complex data into clear, actionable recommendations
Proven experience managing financial operations, including ensuring billing accuracy, conducting profitability analysis, and maintaining compliance
Excellent communication skills to facilitate effective collaboration with cross-functional teams, including operations and executive leadership
Preferred
MBA or CPA preferred
Experience in third-party logistics (3PL), warehousing, drayage, intermodal, freight, or transportation industry environments
Experience with Power BI or comparable business intelligence tools, SQL or basic querying, and dashboard development
Familiarity with warehouse management systems (WMS), transportation management systems (TMS), billing systems, electronic data interchange (EDI), accessorial structures, and concepts such as storage, demurrage, and detention
Company
Waterfront Logistics
Our vision is clear for our customers. Waterfront stands for the unbeatable blend of work ethic and smart problem-solving.
Founded in 2022
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
William (Bill) P. Peratt
Chief Executive Officer
Company data provided by crunchbase