Financial Controller

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We believe that the differences among us fuel innovation and drive us to achieve extraordinary results. We take great pride in a work force with rich diversity of age, race, ethnicity, gender, nationality, sexual orientation, ability and background. As a network, we seek out a skilled and dynamic talent pipeline, invest in programs that help develop diverse talent for the future benefit of our industry, and strive to build an inclusive environment where all employees can bring their full selves to work.

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We are looking for a Controller to join our Finance team. The Controller will be responsible for leading aspects of the accounting function within CORE Stagwell, the Corporate entity that provides Shared Services to Brands in the Stagwell network. Shared Services provides services to Brands for Accounting, Financial Operations (Accounts Receivable, Accounts Payable and Payroll), Business Applications, IT and Real Estate. The ideal candidate will perform management reporting functions for CORE Stagwell while supporting various corporate and business initiatives. This person will report to the Stagwell Global Controller and provide monthly financial results analysis to each head of Shared Services functions.

Responsibilities:

• Responsible for the Monthly Financial Statements
• Lead the month-end close process, including balance sheet reconciliations, reporting requirements, and variance analysis
• Review bi-weekly payroll, journal entries and prepare monthly reconciliations
• Manage the network's month-end reporting process in compliance with Stagwell global deadlines and guidelines
• Assist in the issuance of timely management reports for CORE Stagwell Functional users
• Assist in treasury functions including day to day banking and cash forecasting
• Utilize ERP to track and maintain key initiatives / projects for all CORE Stagwell functions
• Review and approve monthly reconciliation of all Balance Sheet accounts and certain P&L accounts
• Manage the reconciliation of Intercompany activity with other Stagwell subsidiaries
• Prepare and maintain Corporate allocations for all departments to ensure appropriate chargebacks and billings to Stagwell Brands Manage/Review monthly close entries according to U.S. GAAP (i.e., Accruals, Cash and CC Reconciliations, Amortization/Depreciation)
• Oversee the operations of the accounting department, and work with the central AP, AR, and Billing Teams
• Ensure that accounts receivables and payables are posted with proper coding and paid in a timely manner
• Ensure that subledgers are reconciled monthly
• Assist in treasury functions including day to day banking and cash forecasting
• Assist with the production of the annual budget and quarterly reforecasts
• Calculate variances from the budget and report significant issues to management
• Assist with the preparation of the monthly/quarterly Stagwell reporting package and assist Corporate as needed
• Manage the Internal/External Audits: prepare schedules as assigned and conduct audit research and answer questions
• Own SOX compliance by establishing/maintaining strong accounting controls and practices over financial reporting with the help of Corporate SOX Team
• Monitor and enforce accounting policies and procedures
• Assist with Ad hoc requests as assigned

Requirements:

• Bachelor's degree in Accounting/Finance
• CPA
• 7+ years of related experience, with Public Accounting and industry experience being a plus
• 5+ years of Maconomy (or competitor) experience and proficiency on all Maconomy modules
• Demonstrated competence in operational improvement and system optimization
• Creative problem-solving skills
• Ability to communicate clearly and concisely
• Excellent Excel skills
• Manage a staff of 5+ and interact with Shared Services Teams (AR/AP/Billing/Corporate)

At Stagwell Marketing Group, we believe every career is as unique as the individual and empower employees to reach their full potential in a winning culture motivated by a powerful purpose.