Controller at Pump And Meter Service Inc – Hopkins, Minnesota

Summary:

The Controller is responsible for the accounting and financial operations of the business, including billing, accounts payable and receivable, general ledger, month-end, and year-end close process. This role reports directly to the President/CEO.

Accounting and Financial Operations

- Responsible for all aspects of the accounting and financial operations.

- Development and oversight of accounting procedures to support timely and accurate financial reporting.

- Responsible for timely remittance and filing of all Federal, State, and Local tax obligations.

- Responsible for compliance with GAAP, Federal, State, and Local financial reporting requirements.

- Continuously improve the financial reporting of the business.

- Responsible for cash flow management.

- Integration with service and construction to ensure revenue and cost are recognized in accordance with GAAP.

- Conduct financial analysis and research in support of all areas of operations.

- Coordinate and manage relationship with third party CPA firm to ensure the business complies with all applicable rules and regulations, and annual tax and review engagements are completed timely.

- Manage relationship with primary bank and other financial institutions that support business operations.

- Plan and execute annual budgeting process for review by leadership team.

- Responsible for maintaining capital equipment budget and replacement schedule.

- Supervise and direct the work of all Accounting Staff.

- Coordinate with software vendor to maintain accounting software systems; recommends updates to enhance the accounting software.

- Responsible for identifying deficiencies in current software systems and developing procedures to ensure compliance with GAAP and Tax regulations.

- Manage RFP process for third party service providers.

Additional Responsibilities:

- Critical interface between other departmental support operations – service and construction billing, job cost accounting, inventory and purchasing.

- Provide guidance regarding financial policies and procedures relating to accounting and reporting.

- Maintain current knowledge of organizational policies and procedures, federal and state policies, and current accounting standards.

- Manage records created and received related to accounting functions.

Leadership

- Leadership and development of the accounting and financial team.

- Serve as a strong executive leader who helps lead across all areas of the business.

- Coordinate with third-party software vendors to maintain all relevant software systems to the financial operations of the business.

Essential Traits:

- Humble and emotionally intelligent.

- Entrepreneurial and comfortable in a family business environment.

- Confidant to Shareholders and Leadership Team.

- Critical thinker and lifelong learner.

- Expert knowledge of accounting principles.

- Expert knowledge of business principles.

- Expert at the financial close process including job costing, balance sheet reconciliation, and taxes.

- Expert communicator with both internal and external stakeholders.

- Strong organizational skills

- Works well under pressure and meet constant deadlines.

- Experience with ERP software systems (Davisware, Sage, Microsoft Dynamics, etc.)

- Expert level proficiency in Microsoft Excel, including Pivot Tables

- Proficient in Microsoft Word, Outlook, and Powerpoint.

Job Qualifications:

- 5 to 10+ years of relevant experience.

- Bachelor’s Degree in Accounting or Finance is preferred.

- CPA / CMA is helpful.

- Job costing and construction accounting knowledge is required.

- Family business experience is preferred.