Financial Controller

Phoenix3 Collective

  • Waltham, MA
  • 15 days ago

    Highlights

    This role is responsible for overseeing all aspects of accounting, financial reporting, month-end close, internal controls, and financial systems while serving as a trusted business partner to operational leaders. We are seeking a hands-on, strategic Financial Controller to lead the accounting and financial operations of a growing, multi-entity hospitality organization in Waltham, MA.

    Numbers & Facts

    LocationWaltham, MA

    Description

    We are seeking a hands-on, strategic Financial Controller to lead the accounting and financial operations of a growing, multi-entity hospitality organization in Waltham, MA. This role is responsible for overseeing all aspects of accounting, financial reporting, month-end close, internal controls, and financial systems while serving as a trusted business partner to operational leaders.

    Key responsibilities:

    Accounting, Financial Reporting, and Close

    • Manage the Accounts Payable, Receivable, and end-to-end accounting processes for the organization
    • Own the month-end close for all entities and locations, delivering accurate P&Ls and balance sheets while driving close efficiency
    • Prepare consolidated financial statements and management reporting with flow-through and variance commentary
    • Prepare for potential annual audit and/or reviews and coordinate with external accountants on tax filings, sales and occupancy taxes, and 1099s
    • Maintain intercompany accounting, account reconciliations and fixed asset registers
    • Develop process improvements across all accounting functions.

    Controls and systems

    • Design and enforce internal controls over cash handling, purchasing, inventory, tips and payroll
    • Standardize the chart of accounts and processes so new locations and employees are integrated effectively
    • Own and improve the finance tech stack, including Sage Intacct, Birch Street procure-to-pay, and SAP Concur expense reporting systems

    Leadership and partnership

    • Hire, coach and grow the accounting team as the portfolio expands, current team consists of one Assistant Controller and two Junior Accountants
    • Act with an owners mindset as a financial business partner to operators
    • Present results and recommendations to all levels between leadership and the individual location managers

    What you bring

    Must have

    • Bachelor's degree in accounting or finance
    • 7+ years of progressive accounting experience, including 3+ years in a controller or assistant controller role
    • Hospitality experience across hotels, restaurants or multi-unit food and beverage
    • Strong command of GAAP
    • Track record of running a fast, accurate close across multiple entities
    • Advanced Excel skills and hands-on experience with hospitality systems (e.g. Sage Intacct, NetSuite, R365 or similar)
    • Experience managing and developing a team
    • Experience in a 200+ employee / $30m+ annual revenue organization

    Nice to have

    • CPA or CMA
    • Experience supporting new openings, acquisitions or a rapid growth phase
    • Experience implementing or migrating an ERP or accounting platform

    How you work

    • Hands-on: you'll build the process and also do the work while the team grows
    • Clear communicator who can explain a variance to a chef or a board member
    • Calm under deadlines and comfortable with the pace of hospitality
    • Ability to work in-office 5 days per week (Waltham, MA)

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