Controller

The Lovell Companies include Lovell Academy, a boarding school for elite hockey student athletes, as well as Lovell Arena, a start of the art ice hockey arena, recreation center and restaurant.

The Lovell Companies are looking for an experienced, business-savvy Controller to join our growing team. This position will direct all aspects of financial accounting and reporting to support business objectives. The position will lead all day-to-day finance operations and will hold functional responsibility for accounting, accounts payable, accounts receivable, payroll, managing financial aid, and conducting sound financial planning. The Controller will ensure that Lovell Companies has the systems and procedures in place to support effective program implementation and conduct flawless audits. The ideal candidate will possess strong knowledge of financial operations for multi company organization.

Main Responsibilities:

· Maintain accurate and appropriate general ledger chart of accounts.

· Analyze General ledger accounts and make accounting estimates.

· Supervise general ledger reconciliations with subsidiary ledgers.

· Prepare and record monthly journal entries.

· Prepare monthly financial statements with comparison against prior year activities to date.

· Monitor and analyze monthly operating results against budget.

· Assist with annual budget preparation, import and implementation.

· Prepare and record all budget adjustments.

· Manage year end close process.

· Supervise and assist accounts payable and accounts receivable/student billing.

· Manage payroll function including transmitting weekly payroll.

· Ensure accurate and timely financial information and reporting including all financial statements, cash, and variance analyses, and dashboard reports.

· Review and reconcile all balance sheet accounts including cash, accounts receivable, prepaid expenses, property and equipment, accrued expenses and debt.

· Coordinate the billing and collection of all revenue, including ice rentals and tuition revenue.

· Ensure accurate and appropriate coding and/or approval of all revenue, expenditure and journal transactions to their appropriate accounts.

· Prepare bank reconciliation for all bank accounts and ensure they are completed in timely manner.

· Provide support in the hiring, training and review of accounting department staff.

· Prepare monthly budget reports and forecasts working with ownership/management regarding budget performance.

· Maintain all general and permanent files for the business/school.

· Supervise all incoming cash receipts and deposits.

· Maintain client and vendor relationships including evaluating new vendors for business office functions and processes.

· Calculate and report semiannual covenant compliance certificate calculations to lender.

· Prepare and report within 45 days of the quarter end company financial statements to the lender.

· Coordinate the annual commercial and health insurance renewals.

· Plan, coordinate and oversee the annual financial compilation engagement with external CPA firm.

· Coordinate with external CPA firm the preparation of the entity’s annual income tax filings.

· Oversee and provide information for the annual filing of form 5500 for the retirement plan.

· Conduct and/or supervise the year end inventory of product (Pro-Shop).

· Maintain adequate and effective internal controls.

· Maintain permanent office files for all audit schedules prepared by the businesses.

· Prepare, review, and/or file forms including 1099 forms.

Qualifications:

• Bachelor’s degree in business or accounting; CPA or equivalent certification preferred.
• 5+ years accounting experience; experiences in public accounting, retail industries, or related industries.
• Experience leading and conducting monthly closing of financials and generating financial reporting packages.
• Experience with budgeting, forecasting, and financial analysis
• Experience with creating financial statements.
• Experience with general ledger functions and the month-end/year-end close process
• Proficient in U.S. GAAP and experience implementing internal controls.
• Proficient with accounting systems including QuickBooks.
• Strong analytical, organizational, and project management skills; Ability to prioritize workload, meet deadlines, and execute sound decision making.
• Ability to work collaboratively across departmental functions.