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Financial Controller

Magnum Bikes
Salt Lake City, UT
  • Expired: over a month ago. Applications are no longer accepted.
Job Description
Salary: $70,000- $90,000

Financial Controller

m a g n u m - ELECTRIC BIKES

About Magnum Bikes

Founded in 2010, Magnum Bikes has been a pioneer in the global ebike revolution. We have grown from a niche player to one of the up-and-coming, dominant brands in its category. We are known for our innovation, design, and focus on quality: all of which allow us to produce stunning, premium- quality electric bikes to lead the ebike market internationally. Magnum Bikes is re-imagining transportation and paving the way to a green and sustainable future. We are a company for the planet, as well as people, seeking to do our part in technological innovation to bring sustainable  joy and convenience to all who can benefit from the Magnum ebike experience.


As a company, cultivating a culture of diversity, equity, and inclusion is top on our list. Together, Magnum team members form a powerful and cohesive group of talented individuals overseeing design, manufacturing, importing, inventory management, sales, service and marketing of our products to realize our mission. We care deeply about the professional growth and fulfillment of each and every one of our employees and allowing them to reach their full potentials in our forward-thinking company culture. Our employees enjoy and take pride in a fast-paced, collaborative, creative, and positive work culture.

Why You’ll Love Working at Magnum Bikes

  • We are leaders – Leadership is not limited to our management team. It’s something everyone at Magnum embraces and embodies.
  • We are operators – We believe the only way to predict the future is to build it. Creating solutions to lead our company and our industry is what we do on every project, every day.
  • We are learners – Everyone here is continually learning on the job, no matter if we’ve been in a role for one year or one minute. We are committed to learning and implementing what is best for our retail customers, suppliers, distributors, as well as the Magnum team.
  • We are one team – The magic of Magnum Bikes is our people, together making our inspiring goals attainable and driving us to greater heights.

If you’re ready to FEEL THE POWER of Magnum ebikes, and jump into a position brimming with excitement, spontaneous company bike rides, and FULL of opportunities for growth, please keep reading. 

Job Description

We are looking for someone who is ready to take the leading financial role in a successful company experiencing explosive growth. The Financial Controller (and aspiring CFO) we are looking for is ready to step right into a challenging and rewarding position in which they can truly spread their wings. The right candidate will not only improve overall company financial health with valuable insights, but will work closely with the following members of management to develop best practices in a multitude of areas of accounting:

    • CEO: Create, provide, and keep record of financial reports, projections, and forecasts as needed; Financial Advisement; Audits

    • COO: Create and provide regular financial reports and extrapolate actionable information to advise on improvements (if needed) of day to day operations, as well as financial advisement in strategizing for longer term operations.  

    • Administrative Director: to structure and implement Accounting processes, and continually streamline said processes to ensure maximum efficiency.

    You will be responsible for creating accounting processes, and policies; and lead a team in a mission to track, organize, analyze, and extract insights from financial data. Working closely with the CEO and COO, the right candidate will take ownership of aspects of Magnum’s Accounting responsibilities, including AR, AP, Budgeting, Payroll, and Auditing. We are excited to increase efficiency, and further our operation in all areas with the greater financial oversight and analysis filling this position will afford us.

    About You: 

    • Results-driven and self- motivated
    • Resilience, and adaptability are a must. 
    • You strongly believe things need to be done the “right way” to ensure successful results. 
    • You like to hone in on the smallest detail to ensure pinpoint accuracy, as well as back out to see the “bigger picture” for perspective. 
    • Not afraid to roll up your sleeves, and do the grunt work yourself if that’s what is necessary to ensure the accuracy of the data going into a spreadsheet or your team’s contribution to a project. 
    • You understand that in accounting, perfection is best, but not always immediately achievable, and that workarounds are needed to keep daily functions running while a perfect-striving solution is actively being worked on. 


    • Accounts Payable:
      • Create a system to organize and streamline our AP process. 
    • Accounts Receivable: 
      • Create a plan to work with delinquent accounts to bring them up to date.
      • Create and enforce policies to ensure payment are received on time. 
    • Teach and mobilize a bookkeeper to support your endeavors. 
      • Ensure efficient processes are being developed, implemented, and followed. 
    • Budgeting & Spend Management: 
      • Ability to work with Directors to compile and analyze current spend. 
      • Create budget drafts from the top down while concurrently working from the bottom up to ensure thorough analysis of the company’s current financial health as well as extrapolate financial projections. 
    • Payroll: 
      • We recognize that taking care of our employees is one of the most important things we do. Managing payroll is a responsibility we don’t take lightly. 
      • We are looking for someone who understands the weight of this responsibility and willingly tackles the challenges of integrating the nuances of a complex pay structure into an efficient system of communication that ensures a 100% accurate payroll every time. 
    • Highly Proficient in the following: 
      •  Cost Accounting
        • Can view financial reports with a keen eye to eliminate waste spend. 
      • Auditing Accounting
      • Managerial Accounting
        • Creates performance reports regularly, to assess company performance  
    • Managing risk and preserving assets

    Requirements and Skills

    • Strong problem-solving skills. 
    • Proven working experience creating policies and enforcing said policies to create greater efficiencies in Accounting processes (Budgeting, AP, AR, Payroll, Financial Reporting, Financial Control)
    • Extensive experience in automation of accounting functions. 
    • Excellent communication skills
      • Confidence in ability to interface with all levels and departments of the organization is a must 
    • Leadership and mentorship experience is a must.
    • Expert- level knowledge of Excel 
    • Expert- level knowledge of QuickBooks Online, and other accounting software. 
    • Extraordinary organizational skills

    Employment Type: 

    • Full-time

    Monday through Friday:

    • 8:00 AM - 6:30 PM (flexible schedule)


    • Health Insurance
    • Vision Insurance
    • Dental Insurance
    • Life Insurance
    • Paid Time Off
    • Leave Without Pay
    • Paid Holidays: New Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, Black Friday, Christmas Eve, Christmas Day
    • Paid Jewish Holidays: Passover, Shavuot, Rosh HaShanah, Yom Kippur, Sukkot, Shemini Atzeret, Simchat Torah (averaging about 10 working days per year) 
    • Team Building Excursions (like spontaneous company bike rides!)
    • Continuing Education Reimbursements
    • Annual Bonuses for length of service and performance
    • FREE Employee Magnum Bike Checkout (2 at a time) 
    • FREE Magnum Bike after 2 years of employment
    • We will be offering a 401K plan for all eligible employees starting later this year.

    Benefit Conditions:

    • Waiting period may apply
    • Only full-time employees eligible

    Equal Opportunity Employer:

    Magnum Bikes is an Equal Opportunity Employer that does not discriminate based on actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, and pregnancy-related conditions), gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, genetic information, or any other characteristic protected by applicable federal, state or local laws and ordinances. Magnum Bikes management team is committed to this policy concerning recruitment, hiring, placement, promotion, transfer, training, compensation, benefits, employee activities, access to facilities and programs, and general treatment during employment.

    Magnum Bikes


    Salt Lake City, UT
    84116 USA


    Finance and Insurance

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