Corporate Controller

Company: New Charter Technologies
Location: Denver
Posted on: October 14, 2021

Job Description:

Corporate Controller, IT Industry - Denver, CO/Remote 

COMPANY DESCRIPTION

New Charter Technologies New Charter Technologies was created to be a best-in-class platform for IT Managed Service Providers (“MSPs”) by industry veteran CEO Mitch Morgan and Oval Partners in September 2019. The Company’s unique model provides the opportunity for MSP owners to take some money off the table while re-investing in a nationwide, diversified MSP platform that brings greater value creation potential than their businesses could achieve on its own. The New Charter Technologies platform is decentralized, with partner companies continuing to be run by the founding teams that made them successful in the first place. Operating Companies (OpCo’s) maintain their management, operations, and identity, while being augmented by the strategic leadership, centralized reporting, and additional capital provided by Mitch and Oval Partners. New Charter has made thirteen acquisitions to date, with three more acquisitions planned by end of 2021, and the company expects to continue its rapid acquisition pace over the next several years. For more information, please visit: www.newchartertech.com

SCOPE AND RESPONSIBILITIES A strategic and operational thinker, the Controller will partner closely with the CFO, to help drive the success of New Charter’s business model, which relies on the continued profitable, organic growth of its best-in class partner companies complemented by an aggressive acquisition pipeline. The Controller will act as the “right-hand” to the CFO with a continuous focus on: corporate consolidation and reporting functions; acquisition support and integration; and assisting the CFO with driving corporate initiatives. As a key member of the Corporate Finance team, the Controller will be an active contributor to the development and measurement of Key Performance Indicators (KPIs) and operating performance measures that align with the strategic and financial objectives of the business. He or she will help to assess and develop the abilities of the OpCo finance teams to keep pace with the business as it grows. The Controller will interact frequently with the OpCo controllers to assist with accounting related issues and help to standardize processes and procedures across the platform

Specific Responsibilities:

• Monthly Financial Reporting – Working closely with the OpCo Controllers to close the books and consolidate the financials for 14 separate companies. Take ownership of the MaaG (Month at a Glance) reporting process and work through accounting issues and the monthly MD&A with OpCo presidents and controllers
• Distributed Finance / Accounting Leadership – Coach and optimize decentralized finance and accounting teams in the OpCo’s, working alongside the OpCo controllers and presidents. Excel in a unique Operating Model that is designed to be decentralized. Be able to work with OpCo presidents in a solid line/dotted line management structure for the Controller group. Coordinate resources across the operating companies and lead specific projects with the best talent from each of the OpCo’s
• Systems – Along with the dedicated ERP business analyst, lead the continued ERP systems migration project across the OpCo’s. Due to New Charter’s aggressive acquisition strategy, the company will almost always be in a state of implementation
• Acquisition Integration – Working closely with the CFO, help to support the company’s aggressive acquisition strategy of best-in-class MSP companies with limited integration of back office functions
• Acquisition Accounting – Ownership of the acquisition accounting entries to include:
• Push-down purchase accounting entries
• Cut-off testing around acquisition date
• Finalizing the opening balance sheet
• Manage the post-acquisition audit work performed by external auditors
• Planning and Monitoring – Help to support elements of annual, quarterly and monthly strategic, business and financial planning
• Annual audit – Coordination of the annual audit process with external auditors

EXPERIENCE AND QUALIFICATIONS

General Experience: The ideal candidate will have 10-15 years of finance/accounting experience, with at least 5 years managing an accounting department in an entrepreneurial fast-paced environment. Given the company’s focus on acquisition as a growth strategy, acquisition experience, and experience with a similar decentralized business model with distributed finance and accounting teams is highly preferred. Candidates with experience in technical accounting subjects such as purchase accounting and revenue recognition are highly preferred. Candidates should also have experience with ERP implementations in a multi-location environment, and experience with Business Intelligence and customized reporting is a nice plus. Successful project management experience where collaborating and influencing skills in leading internal and external teams is also a plus.

PERSONAL ATTRIBUTES

The Controller will be confident with a well-managed ego. He or She will have superb interpersonal skills and interface well with all levels in the organization with the capacity to educate a wide range of internal players on how to harness finance in pursuit of growth and profit objectives. The Controller will be inclusive, listen well, and effectively synthesize multiple opinions in developing business solutions.

 Leadership and Cultural Fit:

• Relationship Builder: Strong EQ and associated leadership style
• Player Coach: Hands-on leader comfortable and effective in a non-traditional finance organization who is passionate about developing talent and scaling a distributed best-in-class finance function
• Collaborative: Understands the value of a team and enjoys working in a fast-paced collaborative environment. No individual contributors
• Analytic Thinker: ROI driver with strong business IQ that exercises a collaborative approach to problem solving with the team and peer organizations yielding practical solutions to improve short and long-term performance

EDUCATION

Undergraduate degree in business, finance, accounting or quantitative subject matter required and CPA or MBA a plus.

COMPENSATION

An attractive compensation package based upon background and experience. Package includes base salary, incentive bonus and equity participation, with a starting salary depending on experience of $120K 

Keywords: New Charter Technologies, Denver , Corporate Controller, Other , Denver, Colorado