Financial Controller

  • Zenoti
  • Bellevue, Washington
  • 09/26/2021
Full time

Job Description

Zenoti provides an all-in-one, cloud-based software solution for the beauty and wellness industry. Our solution allows users to seamlessly manage every aspect of the business in a comprehensive mobile solution: online appointment bookings, POS, CRM, employee management, inventory management, built-in marketing programs and more. Zenoti helps clients streamline their systems and reduce costs, while simultaneously improving customer retention and spending. Our platform is engineered for reliability and scale and harnesses the power of enterprise-level technology for businesses of all sizes.


Zenoti powers more than 12,000 salons, spas, medspas and fitness studios in over 50 countries. This includes a vast portfolio of global brands, such as European Wax Center, Hand & Stone, Massage Heights, Rush Hair & Beauty, Sono Bello, Profile by Sanford, Hair Cuttery, CorePower Yoga and TONI&GUY.


Our recent accomplishments include surpassing a $1 billion unicorn valuation, being named Next Tech Titan by GeekWire, raising an $80 million investment from TPG, ranking as the 316th fastest-growing company in North America on Deloitte's 2020 Technology Fast 500™ and unveiling a new brand video.


To learn more about Zenoti visit: .


About the Role:

The Controller will have a unique opportunity to work directly with the CEO and CFO to build a world-class finance function. This role ensures timely and accurate financial reporting for the business and includes overseeing all aspects of our accounting, including revenue recognition, accounts payable, accounts receivable, payroll, commissions, tax, and audit processes. This role is visible and influential as the Controller partners with leaders across the organization to ensure we grow efficiently at scale and in keeping with our stated policies and procedures.


What are some of the high-impact opportunities you'll tackle?

Management:

  • Provide leadership and vision for scaling our financial infrastructure and our accounting team based in the US and India
  • Manage day-to-day operation of the team including leading, training, evaluating, motivating, and mentoring staff. Be responsible for the team's performance and overall development
  • Maintain the daily and monthly operating cycle on a timely and current basis to ensure related department functions can be carried out according to schedule
  • Implement systems and processes in functional areas of responsibility to ensure efficiency and seamless support of the organization


Accounting & Reporting:

  • Ensure financial information flows regularly to the CEO, CFO and business unit heads
  • Prepare and issue monthly financial reports, yearly budgets, departmental reports and related analysis
  • Lead our monthly, quarterly, and annual financial close and consolidation process and all associated activities in full compliance with US GAAP
  • Maintain controls and accuracy over all postings and transactions in the general ledger and all subsidiary ledgers, including journal entries, correcting transactions, and reconciliations
  • Lend support to Board Presentations and the compilation of other executive reporting
  • Drive improvements in existing and new reporting systems to increase efficiencies, enhance processes, automate activities, and reduce reporting timelines


Treasury & Cash Management:

  • Oversee daily AP, AR and Cash Management functions
  • Own treasury responsibilities tied to the company's bank accounts, credit cards and lines of credit


Analysis & Forecasting:

  • Play a significant and integral role in the compilation of the Company's AOP/Annual Budget
  • Oversee monthly re-forecast of the business
  • Monitor business performance metrics, conduct financial analysis and report relevant information and recommendations to the executive team


Audit:

  • Lead the annual financial statement audit and other required audits including subsidiary audits
  • Manage annual corporate income and franchise tax returns, payroll, gross receipts, sales & use tax and other business tax returns and informational filings globally
  • Responsible for Sales Tax reporting in all jurisdictions where the company has sales tax nexu


Other:

  • Process company's payroll and ensure compliance with payroll related statutory requirements at all times
  • Run diagnostics and design process improvements to financial cycles (closing, A/P, treasury, etc.)
  • Be responsible for system administration and maintenance of the Netsuite ERP system
  • Liaises with outside accountants, banking representatives, retirement plan administrator, insurance brokers and carriers
  • Champion highest quality corporate governance, and maintain and enhance the internal control environment in a SOX-compliant manner

This opportunity is for you if you have:

  • 15+ years' relevant experience including experience as a Corporate Controller & experience in a public company
  • 4-year degree in Accounting, Master's Degree a plus. CPA a plus
  • Experience implementing accounting systems and procedures, scaling an accounting function, and driving continuous improvement and SOX processes
  • Experience handling accounting for multiple companies with elimination and consolidation experience
  • Experience being the primary contact for audit relationships
  • Experience of leading teams and working cross-functionally


Knowledge, Skills & Competencies

  • Knowledge of ASC 606 revenue recognition
  • Advanced skills in Excel, Netsuite and BI tools
  • Exceptional verbal and written communication skills; comfortable communicating with c-suite and staff members
  • Strong executive presence
  • Ability to navigate through challenges, multi-task, take ownership and deliver on commitments


LOCATION: Greater Seattle Area


Benefits: You will receive

At Zenoti, we believe that when people feel good, they can do great things. We enable our employees to unleash their potential by providing enriching career opportunities and dynamic financial rewards. We foster an enriching culture, supportive and dynamic work environment, and encourage our employees to balance life, work, and wellbeing. We offer all our employees:

  • A competitive base salary, plus bonus
  • Eligibility to receive equity through company Employee Stock Option Plan
  • Medical, dental, and vision coverage
  • Participation in company 401k plan
  • Paid parental leave
  • Unlimited paid time off
  • Flexible work hours
  • Programs, classes, and activities supporting your physical and mental well-being, led by Zenoti's dedicated Chief Wellness Officer