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GT'S Living Foods
Vernon, CA
Source: GT'S Living Foods careers · View original posting
From GT'S Living Foods's posting. “We” and “our” refer to the employer.
At GT’s Living Foods, we’re more than just a company – we’re a community passionate about creating a healthier, happier world. Over the last 30 years we’ve built a culture of inclusivity and authenticity, where our shared values create an environment that inspires you to do your best while achieving meaningful results. Our mission to transform health and happiness through potent, living foods has established us as the #1 Kombucha brand and a leader in the Health & Wellness space.
This is a working Controller role for someone who still enjoys being close to the numbers. The ideal candidate combines strong technical accounting with deep experience in CPG receivables and trade deductions, including UNFI, KeHE, and major retailers, and knows how deductions flow through revenue, trade accruals, and the balance sheet. They lead a team that includes the AR & Deductions Manager and our Senior and Staff Accountants, and they are comfortable operating in a fast-moving, founder-led company.
Own the monthly, quarterly, and year-end close, delivering timely and accurate financial statements under US GAAP.
Maintain a well-organized general ledger and chart of accounts. Review and approve journal entries, accruals, and allocations, including overhead allocations.
Ensure all balance sheet accounts are reconciled monthly, reviewed, and supported, across all locations.
Prepare monthly financial statements and management reporting, and analyze results against budget and prior year with clear explanations of variances.
Support investor and lender reporting, including covenant compliance, as required.
Maintain an organized, audit-ready accounting filing and documentation system.
Lead the AR & Deductions Manager and hold the AR function accountable for DSO, collections, deduction recovery, and deduction aging.
Bring hands-on expertise in CPG trade deductions (distributor chargebacks and MCBs, billbacks, off-invoice, slotting, spoils, shortages, and retailer compliance fines) to guide dispute strategy and resolve complex issues with UNFI, KeHE, and major retailers.
Own the accounting for deductions and trade: deduction reserves, trade accruals, and their reconciliation, in partnership with RGM, which owns trade planning and spend strategy.
Oversee the credit policy, credit limits, write-off approvals, and the bad debt reserve.
S ponsor the implementation of the deduction management platform (Confido or similar) and ensure it is integrated with D365 and properly controlled.
Own inventory on the balance sheet, including inventory reconciliations across locations, inventory reserves (obsolescence, shrink, and expiry), and physical and cycle count processes and controls.
Partner with Operations Finance, which owns standard costing and COGS analysis, to ensure inventory and cost of goods are accurately reflected in the financial statements.
Support the Assistant Controller to oversee
Oversee accounts payable, including vendor setup, invoice approval, payment runs, and the related controls.
Oversee payroll processing and payroll accounting in partnership with HR and the payroll provider, ensuring accuracy and compliance.
Support the Assistant Controller to oversee
Oversee daily banking, cash activity, and bank reconciliations.
Support the Assistant Controller to deliver
Own the 13-week cash forecast. Deliver a weekly view of cash receipts, disbursements, and liquidity to the CFO, and explain variances against the prior forecast.
Design, implement, and maintain a strong internal control environment, including segregation of duties, approval matrices, and review controls, built to SOX-level standards.
Develop and maintain accounting policies, the close checklist, and SOPs across the accounting function.
Evaluate and improve processes to protect the Company's assets, reduce costs, and improve the quality and timeliness of information.
Manage the annual external audit, serving as the primary point of contact for auditors and delivering clean, timely audit support.
Direct tax compliance in partnership with outside tax advisors, including income, sales and use, property, and other filings. Support tax planning as requested.
Get the most out of Microsoft Dynamics 365 for accounting, and lead improvements to close efficiency, automation, and reporting.
Partner with FP&A to provide timely, accurate actuals and close inputs for forecasting, budgeting, and performance analysis.
Lead, develop, and manage the performance of the accounting team, including the AR & Deductions Manager and Senior and Staff Accountants.
Make meaningful time investments in selecting, training, and developing the team, with clear roles, goals, and accountability.
Pay Range: $200,000 - $250,000, bonus eligible
GT's Living Foods, LLC is an Equal Opportunity Employer committed to hiring a diverse workforce and maintaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, protected veteran status, disability or any other basis protected under federal, state or local laws.
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