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Spindrift Controller in Boston, Massachusetts

Spindrift is one of the fastest-growing brands in beverage today. In a rapidly expanding sparkling water market, we are the first sparkling water made with real ingredients with an unmistakable, delicious taste that only real ingredients can deliver. We’re made with real squeezed fruit and sparkling water. Yup, that’s it.

Founded in 2010, we’re now 130 people strong with plans to grow to 200 by year-end. More recently we entered into the alcohol business with our launch of Spindrift Spiked, which is our delicious, cleaner take on hard seltzer. Core to our DNA is the ability to dream big, do what’s hard, and make something that’s real, and good. If you know anything about the brand, then you also already know a bit about our people. We’ve been building a team that’s focused on being real, and doing good since day one.

PRIMARY JOB FUNCTIONS

We are looking for a Controller who is excited about joining a challenger brand and prefers operating in a dynamic, fast-paced, and high-performing environment. As we currently manage this next phase of organizational growth, the Controller will be expected to foresee and evolve the required responsibilities and standards for the entire accounting function. This will entail creating the roadmap and leading the way for the team to achieve all of their objectives in current state, and at scale. Successful candidates will be those who have proven their ability to grow and develop in pace with a rapidly growing company, or those with demonstrated potential who are poised to do so at their next opportunity.

The Controller position will be accountable for the accounting operations of the company, which includes the production of financial statements, forecasting and management of working capital, design and oversight of an adequate system of accounting records, a comprehensive set of controls designed to mitigate risk, enhancing the accuracy of the company's reported financial results, and ensuring that reported results comply with generally accepted accounting principles.

Principal Accountabilities:

Organization Management

  • Hire, manage and develop a team of accounting professionals that thrives and succeeds on the challenges and complexities of a fast-growing Consumer Packaged Goods business

  • Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's long term goals and objectives

  • Influence change across the organization to support an ever increasing level of complexity in business operations

  • Identify and manage third party relationships to continuously deliver incremental business value; includes auditors, banks, tax preparation firms, insurance brokers, and other professional service providers

Process Management

  • Champion a culture of continuous process improvement

  • Develop and maintain a sophisticated set of accruals covering all expense categories

  • Maintain an orderly accounting records system

  • Devise and maintain a system of controls over accounting transactions

Reporting

  • Issue timely, accurate, 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 regular cash forecasts and working capital metrics

  • Design and maintain the foundation for a system of management cost reports

  • Evaluate the effectiveness of accounting software and associated systems, continuously improving efficiency

Compliance

  • Coordinate the annual audit process; expect minimal audit findings

  • Monitor debt levels and compliance with debt covenants

  • Comply with local, state, and federal government reporting requirements and tax filings

  • Maintain SOX compliance system

Working Conditions: Primarily in an open office environment. Periodic weekend or evening work is expected.

Supervises: All accounting staff including Tax and Treasury, 6 people in 2021.

Requirements

The controller candidate should have a Bachelor's degree in accounting or business administration, or equivalent business experience and 10+ years of progressively responsible experience. Preference will be given to candidates that possess the following:

  • Certified Public Accountant or Certified Management Accountant designations

  • Experience in the Consumer Packaged Goods industry

  • Experience implementing a SOX Compliance system

  • Experience working with NetSuite

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