Assistant Controller

DescriptionOVERVIEW:

The Assistant Controller is responsible for overseeing all accounting operations associated with CLUB4 Fitness (both existing entities as well as new CLUB development) and The Club at Township, and also for both cash and risk management.

The scope of the Assistant Controller’s responsibilities include producing periodic financial reports, building and maintaining an adequate system of accounting records, and a developing (as well as maintaining) a comprehensive set of controls and budgets designed to mitigate risk. Additionally, the Assistant Controller is also responsible for enhancing the accuracy of the company's reported financial results and ensuring that reported results comply with generally accepted accounting principles.

ESSENTIAL DUTIES & RESPONSIBILITIES:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and or ability required.

Management

Maintains and enforces a documented system of accounting policies and procedures
Manage outsourced functions
Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives
Oversee the accounting operations of subsidiary corporations, especially their control systems, transaction-processing operations, and policies and procedures

Transactions

Ensure that accounts payable are paid in a timely manner
Ensure that all reasonable discounts are taken on accounts payable
Ensure that accounts receivable are collected promptly
Process payroll in a timely manner
Ensure that periodic bank reconciliations are completed
Ensure that required debt payments are made on a timely basis
Maintain the chart of accounts
Maintain an orderly accounting filing system
Maintain a system of controls over accounting transactions

Reporting

Issue timely and complete financial statements
Coordinate the preparation of the corporate annual report
Recommend benchmarks against which to measure the performance of company operations
Calculate and issue financial and operating metrics
Manage the production of the annual budget and forecasts
Calculate variances from the budget and report significant issues to management
Provide for a system of management cost reports
Provide financial analyses as needed, for capital investments, pricing decisions, and contract negotiations

Compliance

Coordinate the provision of information to external auditors for the annual audit
Monitor debt levels and compliance with debt covenants
Comply with local, state, and federal government reporting requirements and tax filings

Special Projects and Other Duties as assigned

May require some travel to satellite facilities and/or weekend work in order to prepare for special filings, audits, or to meet deadlines for financial reporting, tax filings, and loan applications

ORGANIZATIONAL RELATIONSHIPS:

The Assistant Controller will report directly to the Managing Partner and via a dotted-line supervisory relationship to an assigned 3rd party Controller at Kerioth, but will act as a resource, liaison, and facilitator between executives, Operations and fitness senior leadership, executives, as well as corporate.

QualificationsREQUIRED QUALIFICATIONS:

1. Knowledge, skills & abilities:

Proven track record as a financial/accounting leader
Experience with start-up organizations, preferred, but multi-facility organization familiarity is a must
Strong written and verbal communication skills and negotiation skills are required.
Must be a strong communicator across all mediums
Ability to be a self-starter and demonstrated leadership ability.
Ability to work in both a team environment and independently.
Detail orientation and focus with strong problem-solving skills.
Strong time management skills, ability to effectively manage multiple priorities in a rapidly changing environment.
Incredibly responsive and adaptable with strong intuitive abilities.
Strong project management skills with analytical capabilities.
Strong computer skills (Google docs, Microsoft Office Suite) required.
Willingness to travel up to 15% to domestic/local clubs as needed to conduct due diligence, compliance reviews, inventory audits, etc., and to address all other onsite financial concerns

2. Minimum certifications/educational level:

Four-year degree in accounting or business administration, or equivalent business experience
6+ years of progressively responsible experience for a major company or division of a large corporation
Preference may be given to candidates with the Certified Public Accountant or Certified Management Accountant designations Experience within corporate or personal wellness or gym/fitness industry, a plus
Previous experience supporting a organization in ‘growth mode’, preferred

Reasonable accommodations may be possible to enable individuals with disabilities to perform the essential functions.

WORK ENVIRONMENT