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Controller

Company: Stagwell
Location: Washington
Posted on: June 25, 2022

Job Description:

Stagwell empowers talented, passionate, and creative leaders with vision to deliver breakthrough ideas on behalf of the world's most ambitious clients.We believe that the differences among us fuel innovation and drive us to achieve extraordinary results. We take great pride in a work force with rich diversity of age, race, ethnicity, gender, nationality, sexual orientation, ability and background. As a network, we seek out a skilled and dynamic talent pipeline, invest in programs that help develop diverse talent for the future benefit of our industry, and strive to build an inclusive environment where all employees can bring their full selves to work.Creating a collaborative environment at our state-of-the-art campuses, where we can bring people together at the office to inspire and innovate, is central to our culture-moving creative edge. We believe that by being together, we can transform marketing. Join us at www.stagwellglobal.com.
We are looking for a Controller to join our Finance team. The Controller will be responsible for leading aspects of the accounting function within Code & Theory. This person will report to the Stagwell Global Controller and dotted line to Code & Theory CFO. The ideal candidate will perform management functions within the US Accounting & Reporting while supporting various corporate and business initiatives.
Responsibilities:

  • Responsible for the Monthly Consolidating and Consolidated Financial Statements (Stand Alone for C&T Entities and Consolidated for C&T)
  • Lead the month-end close process, including balance sheet reconciliations, reporting requirements, and variance analysis
  • Review bi-weekly payroll, journal entries and prepare monthly reconciliations
  • Assist with our global month-end reporting process
  • Lead treasury function including day to day banking and cash forecasting
  • Review monthly reconciliation of all Balance Sheet accounts and certain P&L accounts
  • Ensure proper revenue recognition is applied and compliance with GAAP - Detail understanding of ASC 606
  • Manage the reconciliation of Intercompany activity with other Stagwell subsidiaries
  • Manage/Review monthly close entries according to GAAP (i.e., Accruals, Cash and CC Reconciliations, Amortization/Depreciation)
  • Oversee the operations of the accounting department, and work with the central AP team and AR Team
  • Ensure that accounts receivables and payables are posted with proper coding and paid in a timely manner
  • Ensure that subledgers are reconciled monthly
  • Assist in the issuance of timely management reports for internal Stagwell Entity users
  • Assist with the production of the annual budget, quarterly reforecasts
  • Calculate variances from the budget and report significant issues to management
  • Assist with the preparation of the monthly/quarterly Stagwell reporting package and assist Corporate as needed
  • Work with Corporate Tax Team on tax compliances
  • Coordinate with outside tax firm by providing necessary documentation for annual tax returns
  • File monthly/quarterly sales tax and real estate tax returns as necessary
  • Work with In-Brand Finance for local entity requirements
  • Prepare/review Internal/External Audit schedules as assigned and conduct audit research and answer questions
  • Assist in establishing/maintaining strong accounting controls and practices over financial reporting driven by Corporate SOX Team
  • Monitor and enforce accounting policies and procedures
  • Assist with Ad hoc requests as assigned
    Requirements:
    • Bachelor's degree in Accounting/Finance
    • CPA
    • 7+ years of related experience, with Public Accounting and industry experience being a plus
    • Demonstrated competence in operational improvement and system optimization
    • Creative problem-solving skills
    • Ability to communicate clearly and concisely
    • 5-7 years of Maconomy (or competitor) experience and proficiency on all Maconomy modules
    • Excellent Excel skills
    • Manage a staff of 2+ and interact with Shared Services Teams (Financial Operations and GL Operations)

Keywords: Stagwell, Washington DC , Controller, Accounting, Auditing , Washington, DC

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