Assistant Controller - Bright Talent : Job Details

Our client is hiring!!

Our client is an independent footwear company that designs, develops, distributes and drives all go-to-market activity in the footwear space. Their focus is partnering with creatives to build global brands in footwear.

Focusing on talent from the world of design, music, creative culture and sports, it is the first footwear business to offer world class creatives their own independently designed and owned footwear brands at scale.

Our client's Los Angeles headquarters include a full design studio that works closely with our global manufacturing partner to build best in class footwear from lifestyle to performance, and an extensive marketing organization to drive all direct, channel and brand activity.

The company was founded in 2022 by Luke Wood (former President of Beats by Dr. Dre and a VP of Apple) and Charles Mangan (founder of TITOL, Manager, Cactus Plant Flea Market and former CMO/COO of Travis Scott's Cactus Jack).

Position Overview:

We are seeking an experienced, assertive and confident Assistant Controller to join our finance team for our client, a fast-growing company in the apparel, clothing, and footwear industry. The ideal candidate will have a strong background in financial governance, treasury management, experience with multiple entities, and ensuring the accuracy of financial reporting across a diverse portfolio of brands.

This role will be pivotal in supporting the CFO in overseeing accounting operations, maintaining compliance with financial regulations, and implementing best practices for financial management across our various business lines. The Assistant Controller will have the opportunity to work with a collaborative team, manage key processes, and contribute to the company's overall growth and success.

Key Responsibilities:

Financial Oversight & Reporting:

• Drive the preparation of monthly, quarterly, and annual financial statements for multiple entities, ensuring accuracy and compliance with GAAP and company policies.
• Oversee the reconciliation of accounts, including intercompany transactions and multi-entity consolidations.
• Support financial close processes and ensure timely submission of financial reports to senior leadership.

Governance & Compliance:

• Help establish and ensure adherence to internal controls and accounting policies to maintain a strong governance framework.
• Assist in the preparation for audits, both internal and external, and manage communication with auditors.
• Monitor and enforce compliance with relevant regulatory requirements, industry standards, and corporate policies.

Multi-Entity Management:

• Manage the financial operations of multiple entities, ensuring proper allocation of expenses and revenue, as well as proper consolidation processes.
• Coordinate with cross-functional teams to ensure accurate reporting for each entity and business unit.
• Assist in the budgeting and forecasting process for each entity, helping to align financial goals across the organization.

Process Improvement & Internal Controls:

• Identify areas for improvement in accounting processes and implement efficient solutions that enhance reporting accuracy, timeliness, and cost-effectiveness.
• Maintain and improve internal control procedures to mitigate financial risks and ensure the integrity of financial reporting.

Team Collaboration & Leadership:

• Collaborate with the finance team and cross-functional departments (e.g., sales, operations, supply chain) to provide financial insights that support decision-making.
• Assist in managing a team of accountants or other finance staff as needed, ensuring their growth and professional development.

Ad-hoc Financial Analysis:

• Provide ad-hoc financial analysis and reporting for senior leadership, assisting in strategic decision-making, mergers, acquisitions, or other financial initiatives.

Qualifications

Education:

• Bachelor's degree in Accounting, Finance, or a related field
• CPA certification required (license does not need to be current)

Experience:

• 6+ years of accounting and finance experience, with at least 2-3 years in a supervisory or assistant controller role, preferably within the apparel, clothing, or footwear industries.
• Experience with multi-entity accounting, consolidations, and managing intercompany transactions is essential.
• Strong understanding of financial governance and regulatory compliance (e.g., SOX, GAAP).
• Experience in working with complex accounting systems (ERP experience, SAP, Oracle, NetSuite, etc.).

Skills:

• Advanced knowledge of Excel and financial modeling; ability to analyze large sets of data and draw actionable insights.
• Strong organizational, problem-solving, and communication skills.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Leadership ability with a strong focus on collaboration and team development.