Corporate Controller

With over 80 years of experience in the alcohol industry, MGX understands the complex US beverage alcohol business and enables our customers to navigate it more efficiently.  We collaborate with retailers and suppliers to design and implement supply chain solutions to optimize a product’s route to market. MGX provides a single point-of-contact across the entire beverage alcohol supply chain, bringing together the services of our affiliated companies Gordon Logistics, Milton’s Distributing, and Hope Beverage. 

Job Summary:

Milton’s is looking for a Corporate Controller who will own the integrity of the general and subsidiary ledgers and the accounting environment, including people, systems, and processes that support them. The Corporate Controller will be the architect and owner of the underlying financial data design and will be able to extract and analyze the data and provide accurate, responsive analysis and information for the finance team, business leaders, auditors, and others. The Corporate Controller will be a proven visionary leader of the Controllership function able to lead and motivate the accounting team. This position will report to the head of Finance.

Essential Functions:

Accounting Operations

• Responsible for the supervision, management, and development of the accounting team.
• Responsible for financial supervision of inventory control process.
• Oversees the day-to-day accounting functions, including management of the general ledger, accounts payable, accounts receivable, fixed assets, inventory, and cash management.
• Responsible for the accuracy and integrity of the general and subsidiary ledgers.
• Responsible for the preparation of timely and accurate consolidated financial statements for all entities in accordance with GAAP.
• Responsible for month-end and year-end close processes.
• Provide meaningful and concise analysis of balance sheet and profit and loss account reconciliations to the CFO.
• Will be a key contact for issue resolution for customers (credit and collections) and suppliers (accounts payable).
• Key point of contact for external auditors responsible for the supervision and preparation of the year-end audit engagement.
• Responsible for ensuring compliance with all local, state, and federal tax filings and reporting requirements.
• Work collaboratively with FP&A to provide key insights into financial performance of the business, as reflected in monthly financial statements. Will also provide key inputs into the following: preparation for the annual budget; pricing decisions; and, forecasting process.

Cash Flow Management

• Responsible for working capital management including Accounts Receivable, Accounts Payable, and Inventory.
• Work with CFO to regularly review cash position and prepare and maintain 13 week rolling cash flow forecasts and projections.
• Monitor and ensure compliance with debt covenants.

Process and Controls

• Responsible for the documentation and implementation of accounting and operational controls, e.g. Controller’s manual. (Such manual to include not only to include checklists for work to be done, but also checklists and process for routine internal audit work.)
• Able to evaluate, develop, document, implement, and monitor inventory control, business processes, and accounting procedures to maintain and strengthen internal controls that safeguard the company’s assets.
• Firm understanding of all business and financial processes and underlying data to ensure that IT systems / technology are fully leveraged and optimized.
• Proactively reviews current processes and benchmarks against best practice frameworks to implement process improvements within the department and the organization, including streamlining daily operations, monthly and annual close process.

Skills and Qualifications:

• 10+ years of progressive accounting and finance experience in manufacturing, distribution, or 3rd party logistics companies.
• 5+ years of experience in a business with company owned inventory.
• Experience with a highly regulated industry and with foreign currency.
• Accounting degree and CPA strongly preferred and proven track record as a Corporate Controller.
• Certified Management Accountant designation, a plus.
• Strong technical background in US GAAP.
• Cost accounting experience is a plus.
• Experience working with sophisticated Enterprise Resource Planning software, experience with Microsoft Dynamics Nav highly preferred.
• Expert in excel and strong MS office skills.
• Experience in process and system integrations.
• Proven leadership skills with the ability to manage multiple direct reports.
• Goal-oriented self-starter.
• Ability to influence across functions and departments by leveraging systems and analytics to provide valued support to help the business achieve its financial and strategic goals.
• Demonstrates a passion for continuous improvement, particularly as it pertains to business process design.
• Champions working with clear, documented, and reviewed SOP’s and KPI’s.
• Effectively manage competing priorities by choosing those deliverables that will have the highest impact on the performance results.
• Manage/organize time, information, and resources effectively to meet deadlines and respond to requests on a timely basis.
• Communicate effectively and professionally in written and verbal form, within the finance team and across the broader organization.
• Influence business decisions with concrete financial support.
• Resolve conflicts / discrepancies positively and professionally.
• Work independently in solving business issues and taking initiative.
• Able to proactively identify risks and implement mitigating controls and safeguards.