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Assistant Controller

Varsity Brands
Posted a month ago, valid for 16 days
Location

Dallas, TX 75234, US

Salary

$80,000 - $96,000 per year

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Contract type

Full Time

Flexible Spending Account

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Sonic Summary

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  • Varsity Brands is seeking an Assistant Controller to join their accounting team, focusing on overseeing the monthly close processes and providing technical accounting support.
  • The position is full-time and requires 10 years of accounting experience, preferably in a large growth-stage or publicly traded company, along with a CPA certification.
  • Candidates should possess at least 3 years of leadership experience and be proficient in Excel and large ERP systems like SAP.
  • The role is based at Varsity Brands HQ in Farmers Branch, TX, with onsite work required four days a week and a remote work option on Fridays.
  • Salary details are not specified, but the position offers comprehensive benefits including health care, 401(k) matching, and generous paid time off.

JOIN THE BEST TEAM IN SPORT & SPIRIT

At Varsity Brands, we believe every student deserves the opportunity to succeed and every educator wants to make a difference. It takes a team to make a real impact, and through our two divisions – BSN SPORTS and Varsity Spirit – and our network of 6,000+ employees and independent representatives, we are proud to partner with a wide range of educational institutions and club and professional sports to transform the student journey in SPORT and SPIRIT.

WORK TYPE: Onsite 4 days per week/ Friday is a remote work day

LOCATION DETAILS: Varsity Brands HQ, Farmers Branch, TX  

WORK HOURS: Full-time, Exempt 

TRAVEL REQUIREMENT: 10% 

HOW YOU WILL MAKE AN IMPACT:

We are seeking an Assistant Controller, a key member of the accounting team, to lead the team overseeing the monthly close processes of Varsity Brands. This role will be heavily involved with more complex and technical recurring accounting responsibilities, technical accounting research on new and/or non-recurring technical accounting, providing recommendations on complex accounting issues and supporting the Financial Reporting team of Varsity Brands.

WHAT YOU WILL DO:

  • Leading the monthly close process; including, but not limited to, demonstrating strong leadership, ensuring a timely and high quality close, reviewing financial fluctuation analyses of BSN Sports, Varsity Spirit and Corporate, reviewing high/moderate risk reconciliations, involved in the preparation of calculations requiring a high level of judgment/estimation (i.e. inventory provision, bad debt reserve, IBNR, accrual estimates, etc.)

  • Researching highly technical accounting subjects, forming and memorializing accounting conclusions and gaining concurrence from external auditors

  • Overseeing the preparation of and reviewing the statement of cash flows and other schedules provided to the Financial Reporting team

  • Managing and reviewing ASC842 lease accounting, equity-based compensation, derivatives, and interest expense/accruals

  • Responsible for supporting the external audit process by ensuring requests are provided timely and completely and any follow-up questions are addressed within a reasonable timeframe

  • Reviewing high dollar journal entries and leading/assisting in recording journal entries

  • Researching and responding to inquiries regarding costs and/or budget variances

  • Leading the annual ASC350 goodwill impairment test, coordinating with valuation experts and external auditors

  • Handle acquisition accounting and integration as necessary

  • Ensuring financial data is in compliance with US GAAP

  • Developing and maintaining operating effectiveness of internal financial controls ensuring the integrity of the company's closing process

  • Having a strong mindset of continuous improvement, promoting and raising ideas, and assisting in developing roadmaps for implementing/improving processes within the accounting function

  • Assisting with other projects as assigned

QUALIFICATIONS:

Knowledge, Skills and Abilities

  • Leadership & Management: Ability to lead a team dedicated to reporting and monthly close processes along with cross-functional collaboration

  • Analytical Thinking: Strategic financial analysis

  • Communication: Ability to present financial information to senior leadership and key stakeholders across the organization

  • Attention to Detail: Accuracy in reporting and financial integrity

  • Industry and Business Acumen: to align financial oversight with functional objectives

Education/Experience

  • Bachelor’s degree in Accounting, Finance or related field required

  • Master’s degree (MBA or Master’s in Accounting) preferred

  • CPA required

  • 10 years of accounting experience in a large growth-stage company, medium-large publicly traded company

  • Experience in Public Accounting required

  • At least 3+ years of people leadership experience with the ability to motivate, encourage and appropriately coach team members

  • Use of Excel and advanced MS applications such as PowerPivot, Power Query and Power BI

  • Use of large ERP systems such as SAP

PHYSICAL REQUIREMENTS 

This job operates in a professional office environment. It is largely a sedentary role, with some filing requiring the ability to lift files, open filing cabinets, and bend or stand on a stool as necessary. The ability to sit or stand for long periods during meetings and while operating office equipment, PCs, laptops, and telephones will be required.   

 

#LI-KS1

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of the employee for this job.

OUR VALUES

Service - We lead with heart. We champion community.

Passion - We love what we do. It fuels our purpose.

Integrity - We do what we promise. We own our actions and decisions.

Respect - We earn it by giving it. Because everyone deserves it.

Innovation - We never stop striving to be better. For ourselves and our community.

Transparency - We are committed to openness and honesty in everything we do.

OUR BENEFITS

We are committed to putting you and your families first. For benefits eligible roles, we offer a variety of choices and costs as well as program enhancements that align with our responsibility to elevate the employee experience. Some of our offerings include:

  • Comprehensive Health Care Benefits
  • HSA Employer Contribution/ FSA Opportunities
  • Wellbeing Program
  • 401(k) plan with company matching
  • Company paid Life, AD&D, and Short-Term Disability
  • Generous My Time Off & Paid Holidays
  • Varsity Brands Ownership Program
  • Employee Resource Groups
  • St. Jude Partnership & Volunteer Opportunities
  • Employee Perks including discounts on personal apparel and equipment!

Varsity Brands companies are equal opportunity employers. Qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, citizenship, gender, sexual orientation, gender identity, veteran’s status, age or disability.




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