Controller
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- Tailored Brands
- 📅
- 21009565 Requisition #
Position Summary:
Reporting to the Chief Financial Officer. As a key member of the Finance organization, the individual will be responsible for leading all financial operations. He / she will have significant relevant experience with all areas of financial accounting and controls in addition to being responsible for ~60 individuals, including five direct reports in the following functions: General Accounting, Financial Reporting, Accounts Payable, Inventory Accounting, Sales Audit, Accounts Receivable, Finance Systems, & Payroll.
The successful candidate must bring a high level of ethical, intellectual, professional and personal values, including:
- Demonstrates ability to work collaboratively with all levels in the organization. Executive presence, high energy, self-motivated, and hands-on management style that has developed teams and coached others.
- Communication as a critical skill. Needs to be able to take complex accounting topics and make them simple and relevant for business and operational leaders.
- A strategic thinker regarding competitive strategy, business models and financial management. Drives performance and continuous improvement using an analytic and metrics-based approach.
Key Responsibilities:
- Partner with CFO in leading the controllership function to optimize financial results.
- Lead all financial reporting including, internal management reporting, board of director reporting and any external reporting.
- Significant experience with internal controls, building processes and controls and Sarbanes Oxley.
- Directs the financial accounting, merchandising/operational accounting and payroll teams to ensure all financial data is accurate and timely.
- Manage and lead a staff of five direct report and an overall team of ~60 individuals.
- Oversee timely and accurate preparation of all financial statements and all supporting schedules and disclosures in accordance with GAAP as well as various statutory financial reports filed on behalf of our foreign subsidiaries.
- Oversee the accounting for the following functions: stock-based compensation, risk management accounts (general liability, workers compensation, etc.), EPS and various equity transactions, fixed assets, lease accounting (ASC 842), goodwill including the impairment analysis associated with each, revenue recognition (ASC 606), property taxes, catalog expenses, cash flow hedges, customer loyalty programs and all accounting for our Rejuvenation subsidiary, including inventory, among others. This includes monthly journal entries, balance sheet reconciliations as well as annual budgets and forecasts for all owned accounts.
- Oversee compilation of annual capital investment budget and monthly forecasts for capital investments and multiple P&L accounts for presentation to management.
- Work closely with our SOX department developing and overseeing the SOX controls and ensuring compliance with such controls across the organization.
- Oversee all research and implementation of accounting guidance for new projects and initiatives as well as new accounting pronouncements. Establish accounting process and internal control framework over newly implemented accounting rules.
- Quarterly presentations to the Audit and Board of Directors.
- Liaise with multiple internal teams on a regular basis including General Accounting, Accounts Payable, Corporate FP&A, Tax, SOX 404 Compliance, Legal, Compensation and Benefits, Treasury, and Investor Relations.
- Partners with FP&A to prepare quarterly earnings releases and support/advise on the compilation of investor call preparation materials, transcripts, and Q&A.
- Build and maintain business relationships with key vendors and contractors such as external auditors, financial printers, valuation specialists, third-party financial statement preparers, and various software providers. Assess talent/resources including development, training and development of talent.
Critical Experience/Qualifications
- Certified Public Accountant.
- 5+ years of public company experience required. Retail industry experience a plus.
- Minimum 15 years in the industry. 5+ year of public accounting experience preferred.
- 5+ years of experience as a seasoned Assistant Controller at a large public company or a Controller at a mid-sized public company, looking to join a large rapidly growing global corporation.
- Strong technical accounting background, with experience managing at least some of the following areas: SEC reporting, revenue accounting, equity accounting, technical research, fixed assets, lease accounting, inventory accounting in a retail environment.
- Financial Reporting experience preferred.
- Strong systems aptitude (Hyperion Essbase or Oracle a plus).
- Strong communication, presentation, and relationship-building skills.
- Ability to communicate both verbally and through written mediums in a clear and concise manner.
- Thorough knowledge of US GAAP and IFRS accounting and reporting requirements, including preparation of consolidated financial statements.
Education:
Bachelor’s degree required from an accredited college or university, preferably in Finance; MBA preferred but not required. Current CPA required.
Team Leadership:
The successful candidate will bring a collaborative and charismatic personal style that has created commitment and enthusiasm throughout an organization. This person will actively engage the team to develop plans and resolve issues through collaborative problem-solving. The candidate will create a clear sense of team identity and hold teams accountable for meeting collective goals. He/she will be viewed as a natural leader across the organization and will possess managerial skills that are reflected by his/her organizational abilities, success developing a talented team, skill in managing resources, responsiveness to management, and good judgment.
Collaboration & Influence:
Key to success in supporting the Company’s drive for results will be the ability to work effectively with different constituencies. The CAO will need to communicate clear, accurate, and timely financial and strategic information to both internal and external parties. Internally, he/she will need to demonstrate the ability to influence decision-making as a result of his/her credibility and functional expertise and also by demonstrating leadership, initiative and the ability to build strong partnerships. This will require the successful candidate to assimilate others’ ideas and input, while shaping and influencing decisions that maximize returns.
COVID-19 Vaccine Policy
Tailored Brands requires all Corporate & Shared Services employees either (a) establish that they have been fully vaccinated; or (b) obtain an approved reasonable accommodation exempting them from this requirement due to a medical reason, or because of a sincerely held religious belief or practice, as a condition of employment. For purposes of this policy, a fully vaccinated person is someone who has received all recommended dose(s) of a COVID-19 vaccine authorized by the U.S. Food and Drug Administration (FDA) or the World Health Organization (WHO), including vaccinations that have been approved pursuant to an Emergency Use Authorization, and it has been at least 14 days since the administration of the final dose
Note: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required and are not intended to be an exhaustive list of all duties, responsibilities or qualifications associated with this job.