Controller

Controller Overview

• The Controller will oversee accounting operations, financial reporting, billing, collections, and cash management functions within a professional services environment.
• Serve as a key member of the leadership team, managing financial health and profitability reporting.
• Focus on accounts receivable, time and billing, collections, and realization reporting to support organizational goals.
• Collaborate with partners and leadership to present financial results and operational metrics.
• Develop budgets, forecasts, and cash flow projections to ensure financial stability.
• Lead initiatives to improve internal controls, operational efficiencies, and automation processes.
• Mentor and develop team members, fostering a culture of accountability and collaboration.
• Support strategic planning and growth initiatives to drive organizational success.
• Ensure compliance with financial regulations and standards while managing external relationships.

Controller Key Responsibilities & Duties

• Oversee general ledger, accounts payable, accounts receivable, payroll, and cash management operations.
• Prepare financial statements and manage month-end and year-end close processes.
• Lead accounts receivable and collections functions, implementing strategies to accelerate collections.
• Monitor staff utilization, realization, and billing rates to optimize engagement profitability.
• Develop KPI reporting related to realization, utilization, billing, collections, and partner productivity.
• Evaluate and implement process improvements and automation initiatives to enhance efficiency.
• Supervise accounting, billing, and administrative staff, setting departmental goals and expectations.
• Manage relationships with external auditors, banks, and vendors to ensure operational success.
• Ensure accurate setup and maintenance of client engagements, billing arrangements, and rate structures.

Controller Job Requirements

• Bachelor's degree in Accounting, Finance, or related field is required.
• CPA designation is strongly preferred for this role.
• Minimum of 7 years of progressive accounting and finance experience; 12 years preferred.
• Prior experience within a CPA firm or professional services organization is essential.
• Proficiency in accounts receivable, collections, time and billing, and financial reporting.
• Technical expertise with systems such as QuickBooks Enterprise, Sage Intacct, and Microsoft Excel.
• Experience managing partner compensation, profitability reporting, and practice metrics.
• Strong knowledge of professional services KPIs including realization and utilization metrics.
• Excellent leadership and mentoring skills to foster team development and collaboration.