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We are looking for an experienced Controller to oversee and enhance the financial operations of our manufacturing organization in Edina, Minnesota. This role is critical to ensuring the accuracy of financial reporting, compliance with regulatory standards, and the effective management of accounting processes. The ideal candidate will have a deep understanding of cooperative accounting practices and a proven ability to lead teams and manage complex financial systems.
Job Responsibility:
Oversee the general accounting function, ensuring the accuracy of financial data for the preparation of financial statements and regulatory reports
Manage and maintain the company’s general ledger, regularly reviewing profit and loss accounts to ensure accurate representation of operational results
Apply specialized cooperative accounting practices, including interpreting Member Marketing Agreements and adapting Pool accounting principles for financial reporting and tax preparation
Coordinate the annual audit process, working closely with external auditors and providing required documentation and responses to audit inquiries
Track and manage capital expenditures, including member capital, and ensure accurate fixed asset accounting
Supervise the accounts payable function, implementing policies to ensure timely and accurate payment of invoices, proper approvals, and adherence to company guidelines
Support inventory accounting processes, including reconciliations, audits, and physical inventory counts, resolving discrepancies to safeguard company assets
Lead the development, configuration, and maintenance of financial modules within the company’s ERP system, ensuring compliance with Generally Accepted Accounting Principles (GAAP)
Develop and maintain comprehensive accounting manuals, processes, and procedures, conducting periodic reviews of member cost allocation methodologies
Perform balance sheet reviews and assist in account reconciliation to maintain detailed and accurate financial records
Requirements:
A minimum of 10 years of experience in accounting or financial management, with a focus on manufacturing or cooperative industries
Proficiency in SAP or similar enterprise resource planning (ERP) systems
Demonstrated expertise in full-cycle accounting, including financial reporting and compliance
Strong experience in managing and supervising accounting teams, fostering collaboration and efficiency
In-depth knowledge of annual external audit processes and regulatory compliance requirements
Exceptional ability to interpret and apply cooperative accounting principles and pool accounting practices
Strong analytical and problem-solving skills with a focus on maintaining financial accuracy and integrity
What we offer:
medical, vision, dental, and life and disability insurance