Controller

REPORTS TO: Chief Financial Officer

COMPENSATION: A competitive base salary and incentive bonus will be supplemented by a comprehensive, well-rounded benefits program, which includes relocation assistance.

POSITION SUMMARY:

Controller: Manage Accounting function as it records and executes financial transactions on a timely and accurate basis and provide accurate financial information about Company activities to all relevant parties to assist management and others in making economic decisions about the Company's future. Ensure compliance with Generally Accepted Accounting Principles, GAAP.

Tax Management: Direct and oversee tax policies to ensure establishment of accurate and efficient tax practices. Manage tax functions, including preparation and submission of tax filings; manage tax audits, and tax research and analysis.

Financial Reporting: Direct the preparation of all financial reports, including monthly financial statements, compliance reports to lenders, and other reports as needed. Manage the annual financial statement audit.

Payroll Management: Oversee 1 Payroll Manager and direct and oversee outsourced payroll provider to ensure accurate and on time payment of all employees. Collaborates with the Human Resources department to ensure accurate deductions and enforce internal controls related to hiring, termination and rate changes.

ESSENTIAL FUNCTIONS:

· Direct the preparation of all financial reports, including monthly unaudited and annual audited financial statements, reports to shareholders, compliance reports to lenders, tax returns and reports for government regulatory agencies.

· Work with the CFO to provide timely and accurate communications to lenders, investors, and interested third parties.

· Assist the CFO in evaluation and execution of capital market transactions, including debt and equity offerings working with outside advisors, investment bankers, and attorneys. Assist the CFO in maintaining positive long-term working relationships with such parties.

· Work with the Financial Planning and Analysis function to develop and implement budgeting and financial planning, including meetings and discussions with unit managers and executives as needed.

· On an ongoing basis review Company performance against budget expectations, and confer with executives and others to evaluate trends, areas of concern, and opportunities. Analyze projections of sales and profit against actual figures, budgeted expenses against actual, and suggest methods of improving results as appropriate.

· Assist in evaluation of proposed projects to ensure they are beneficial to the Company. Assist in the study of long-range economic trends and project company prospects for future growth in overall sales and market share, opportunities for acquisitions or expansion into new product areas.

· Review and monitor current and future liquidity needs to ensure that Company cash flow is adequate to allow it to operate efficiently. Forecast cash payments and anticipate potential challenges arising from limited cash flows. Create solutions to challenges as they arise by applying integrated financial/treasury/operations knowledge.

· Assist the CFO in other special projects assigned, working cross-functionally with peers, managers, and executives and outside consultants or advisors.

Controller:

· Establish and maintain accounting systems and controls that verify the integrity of all systems, processes and data, and enhance the Company's value.

· Take responsibility for the activities of the Accounting department and outsourced Accounting and AP providers as it produces accurate and timely financial management reports including, but not limited to, internal and monthly external financial statements, annual budgets, and special reports.

· Oversee the activities of Accounts Payable, Financial Reporting, and Cash Management, ensuring the accurate and timely processing of all transactions and timely payments to vendors, employees, governmental agencies, and others.

· Timely prepare the period JVP and quarterly MP bonus calculations with supporting documentation and obtain approval for and submit such payments for processing within the required time frame.

· On an ongoing basis, be aware of opportunities to control costs, manage efficiencies, or change procedures that would result in enhanced value to the Company. Make value-enhancement activities a core job for all department personnel.

· Participate in special projects and compile special reports as requested.

Tax Manager:

· With the help of our Tax CPA advisors, develop and implement integrated tax policies and practices, adhering to all federal, state, and local tax laws.

· Maintain working knowledge of all tax laws impacting business operations and pursue ongoing professional development to maintain current knowledge of best practices.

· Manage tax compliance, planning, and strategy, including income, sales, use, property, personal property, and other taxes for the Company.

· Manage the preparation process of all local, state and federal tax returns via our Tax CPA advisors. Ensure timely and accurate filing of all returns.

· Ensure appropriate application of all tax laws to effectively minimize liabilities, risk and exposure.

· Manage and oversee tax audits.

· Complete interim and annual income tax provision computations and disclosures in accordance with FAS 109 provisions, including evaluation of effective tax rates, maintenance of tax reserves, and analysis of permanent differences and current and deferred tax accounts. Integrate tax record-keeping with accounting systems.

Supervisory Responsibilities:

· As Controller, develop and manage internal and outsourced accounting and payroll department heads that supervise employees. Carry out supervisory responsibilities in accordance with the Company’s policies and applicable laws.

· Monitor the development of accounting and payroll department staff. Develop and maintain leadership skills in department heads and subordinates. Ensure that all departments are involved in ongoing technical development to maintain strong competencies in their areas of expertise. Develop and maintain a strong cross-training program to help assure that all positions have appropriate back up.

· Develop and maintain strong inter-personal and communication skills for all department members stressing teamwork, mutual respect, and a harmonious work environment.

PERSONAL SKILLS:

· Seasoned Judgment: Applies broad knowledge and seasoned experience when addressing complex issues; defines strategic issues clearly despite ambiguity; takes all critical information into account when making decisions; makes timely, tough decisions.

· Shaping Strategy: Develops distinctive strategies to achieve competitive advantage; translates broad strategies to specific objectives and action plans; aligns the departments to support strategic priorities.

· Coach and Develop: Accurately assesses strengths and development needs of employees; gives timely, specific feedback, and helpful coaching; provides challenging assignments and opportunities for development.

· Inspiring Trust: Earns the confidence and trust of others; shows consistency between words and actions; delivers on commitments; produces high-quality work demonstrates high standards of ethical conduct; protects confidential information; does not omit controversial information or change information to suit others.

· Drive for Stakeholder Success: Sets and pursues aggressive goals; drives for results; demonstrates a strong commitment to organizational success; works to do what is best for all stakeholders (customers, shareholders, employees).

· Foster Open Communication: Creates an atmosphere in which timely and high-quality information flows smoothly between self and others; encourages the open expression of ideas and opinions.

· Attracting and Developing Talent: Attracts high caliber people; develops teams and talent with diverse capabilities; accurately appraises the strengths and weaknesses of others; provides constructive feedback; develops successors and talent pools.

· Driving Executions: Assigns clear authority and accountability; directs change while maintaining operating effectiveness; integrates efforts across departments and functions; monitors results; tackles problems directly and with a sense of urgency.

· Professionalism: Consistently treats individual with dignity and respect, recognizing the important of cultural differences. Embraces, communicates and demonstrates company values and ethics. Maintains reasonable expectations of self and others when balancing time and performance demands with personal and professional needs. Continually seeks new and creative approaches to work and solutions to problems.

QUALIFICATIONS:

Education/Work Experience:

-Bachelor’s degree in Accounting plus CPA certification.

-10+ years of hands-on accounting managerial experience.

-Restaurant industry experience preferred. Related hospitality or brick-and-mortar retail required.

-InfoSync or outsourced accounting environment experience preferred.

-Payroll oversight experience preferred.

-Strong general ledger, accounts payable, payroll income tax and banking knowledge.

-Strong experience with spreadsheet (Excel) and financial package software.

Knowledge/Skills/Abilities:

· Excellent verbal and written communication skills required.

· Desire and flexibility to assume the roles of individual contributor, team player and leader simultaneously as the organization evolves.

· Knowledge of strategic business planning and organizational development.

· Ability to travel occasionally as needed.