Controller

Korrus · Los Angeles, CA

Company

Korrus

Location

Los Angeles, CA

Type

Full Time

Job Description

About Us:

Korrus is a Los Angeles-based technology company and pioneer in Human Light Interaction (HLI), the next frontier in human health and wellness. Our technologies enable an ecosystem of novel products and applications at the intersection of light and wellbeing. We operate through a collection of sub-brands with specific market segment mandates. Learn more at Korrus.com.

Primary Role and Responsibility:

Reporting to the CFO, the Controller will be accountable for the accounting operations of the company. Responsibilities will include closely monitoring the companyโ€™s financial health, the creation of financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls designed to mitigate risk and ensure that reported results comply with generally accepted accounting principles. This position is also responsible for treasury, tax and risk management. This position will be a highly visible role in the organization and will contribute directly to the success of the company and its IPO preparation.

Essential Duties and Responsibilities:
  • Accountable for providing mentoring, leadership development, and coaching to direct reports to ensure the achievement of departmental performance objectives and organizational goals.
  • Establishes, monitors, and maintains an effective system of internal controls to ensure the accurate and timely recording of all accounting transactions and the safeguarding of the Companyโ€™s assets.
  • Ensure corporate policies regarding financial management and control are in place and adhered to.
  • Manages the accuracy and productivity of day-to-day activities of accounts payable, cash disbursements, invoicing/billing, customer credits and collections, payroll, fixed asset records, general & entity accounting.
  • Drive improvements across all accounting functions and activities resulting in fast, automated and accurate financial results.
  • Oversees daily cash and treasury operations. Perform cash projections to effectively manage cash balances and maximize the return on any excess cash balances.
  • Manage or prepare corporate financial statements and reports including, but not limited to, monthly financial statements, external reports required by board of directors, reports required under various loan agreements, and ad hoc reporting.
  • Responsible for all technical accounting including revenue recognition, implementation of new standards and compliance with all relevant existing standards.
  • Establish / refine, monitor and enforce appropriate internal controls, policies and procedures, and lead SOX compliance efforts.
  • Lead and support all audits including but not limited to: annual audit, bank audit, and sales tax audits
  • Lead 409A valuation and quarterly stock comp expense
  • Partner with HR to ensure compliance of 401k Plan
Required Skills/Qualifications:
  • BS degree Finance, Accounting, Business or a similar field.
  • Ten plus years of experience in corporate accounting leadership role.
  • CPA required.
  • Big 4 preferred.
  • NetSuite or similar ERP a plus.
  • Experience and strong knowledge of:
    1. SEC, SFAS 109, and FIN 48
    2. International consolidations
    3. Foreign currency transactions
    4. Revenue recognition
    5. IPOs and Complex debt transactions
    6. Technical research
    7. Inventory cost accounting
  • Keen analytic, organization and problem-solving skills which allows for strategic data interpretation.
  • Strong interpersonal and communication skills; experience in effectively communicating key data, including presentations to senior management, stakeholders or other outside partners.
  • Ability and desire to translate complex financial concepts to individuals at all levels including finance and non-finance managers.

Proof of Covid-19 vaccination required as a condition of employment. Exemptions may be sought for documented medical conditions and sincerely held religious beliefs.

All qualified applicants will receive equal consideration for employment without regard to race, color, national origin, religion, sex, pregnancy, marital status, sexual orientation, gender identity, age, physical or mental disability, or covered veteran status.

Apply Now

Date Posted

01/20/2023

Views

10

Back to Job Listings Add To Job List Company Profile View Company Reviews
Positive
Subjectivity Score: 0.9