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Divisional Controller

Description

At Powerhouse Dynamics (PhD), a Middleby Company, we’re at the forefront of IoT, food-tech, and clean-tech innovation, helping reduce waste in multi-site foodservice and retail operations. As we continue to grow, we are looking for a Divisional Controller to manage our daily accounting activities and support financial reporting for our division.


Position Overview


This hybrid role focuses on accurate financial recordkeeping and supporting our accounting processes. You will work closely with our staff accountant and provide essential support in preparing financial statements, tracking budgets, and maintaining compliance. Candidates must be based in the continental United States, with a strong preference to be located within commuting distance of Providence, RI or Boston, MA. Candidates should be willing to travel 1-2 days per month for internal, in-person meetings such as board meetings or business reviews.


Key Responsibilities

Financial Reporting & Compliance

  • Manage day-to-day accounting operations and close books each month
  • Prepare timely and accurate financial statements
  • Support internal and external audits and assist in external reporting requirements
  • Monitor daily cash flow, bank transactions.
  • Drive budget process and provide steady reporting on progress and obstacles
  • Conduct "deep dives" into various aspects of the business, continuous improvement.
  • Help prepare tax documents and support the filing process.
  • Work alongside and provide support to the staff accountant.

Required Qualifications

  • Bachelor’s degree in Accounting (or relevant experience and certifications)
  • 5-7 years of progressive accounting experience, with exposure to divisional reporting processes in a public accounting environment.
  • Proficient in accounting principles, financial statement preparation, Excel, and Quickbooks.

Preferred Qualifications

  • Experience in SaaS and hardware industries, including familiarity with deferred revenue, inventory, and manufacturing.
  • Public accounting experience is a plus.

Skills & Technologies

  • Proficiency in QuickBooks.
  • Experience with MRP/ERP systems.
  • Experienced in SaaS revenue recognition, GaaP, and ASC606.

Benefits

  • Competitive compensation and benefits package.
  • Medical, dental, and vision insurance.
  • Paid Time Off (PTO) including 11 company holidays.
  • 401K plan with company match starting from day one.

If you are detail-oriented and eager to support a growing team in a dynamic environment, we invite you to apply.

Powerhouse Dynamics (PhD) is an Equal Opportunity Employer (EOE/M/F/Vets/Disabled) and welcomes all qualified applicants.

Average salary estimate

$90000 / YEARLY (est.)
min
max
$80000K
$100000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Divisional Controller, Powerhouse Dynamics LLC

At Powerhouse Dynamics (PhD), a Middleby Company located in Boston, Massachusetts, we are leading the way in IoT, food-tech, and clean-tech innovations. We’re on the lookout for a Divisional Controller who will play a pivotal role in managing our daily accounting activities and supporting financial reporting for our division. In this engaging hybrid position, you’ll collaborate closely with our staff accountant, ensuring accurate financial recordkeeping and driving our accounting processes forward. Your responsibilities will include preparing timely financial statements, monitoring daily cash flow, and managing internal and external audits. You’ll conduct comprehensive analyses to support our budgeting process and report on progress and obstacles. It’s essential that our ideal candidate has a Bachelor’s degree in Accounting or an equivalent background, with 5-7 years of progressive experience in accounting and exposure to divisional reporting processes. Familiarity with SaaS and hardware industries would be beneficial. If you're detail-oriented and ready to contribute to a dynamic team focused on minimizing waste in multi-site foodservice and retail operations, we encourage you to join us. With competitive compensation and a robust benefits package, including medical, dental, vision insurance, and a 401K plan, Powerhouse Dynamics is committed to supporting our employees as they help innovate the future of our industry.

Frequently Asked Questions (FAQs) for Divisional Controller Role at Powerhouse Dynamics LLC
What are the key responsibilities of a Divisional Controller at Powerhouse Dynamics?

As a Divisional Controller at Powerhouse Dynamics, you'll handle daily accounting operations, ensuring the books are closed each month promptly. Responsibilities also include preparing accurate financial statements, monitoring cash flow, and supporting audits. You’ll play a key role in managing the budgeting process and assisting in tax document preparation, reinforcing your vital position in sustaining financial health for the division.

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What qualifications are required for the Divisional Controller position at Powerhouse Dynamics?

To qualify for the Divisional Controller position at Powerhouse Dynamics, candidates should possess a Bachelor’s degree in Accounting or relevant experience. Additionally, 5-7 years of progressive accounting experience is necessary, particularly within public accounting environments. Proficiency in financial statement preparation, Excel, QuickBooks, and an understanding of compliance requirements are essential.

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How does the Divisional Controller contribute to compliance at Powerhouse Dynamics?

The Divisional Controller at Powerhouse Dynamics plays an integral role in maintaining compliance by supporting internal and external audits and ensuring all financial documentation adheres to relevant laws and standards. By managing day-to-day accounting and preparing necessary financial reports, they help uphold the financial integrity of the division.

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What benefits does Powerhouse Dynamics offer to its Divisional Controller?

Powerhouse Dynamics offers a competitive compensation package to its Divisional Controller, which includes medical, dental, and vision insurance, paid time off (PTO) with 11 company holidays, and a 401K plan with a company match starting from day one. These attributes mark us as an attractive employer dedicated to our employees' well-being.

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What skills are essential for success as a Divisional Controller at Powerhouse Dynamics?

Success as a Divisional Controller at Powerhouse Dynamics hinges on proficiency in accounting principles, excellent financial statement expertise, and advanced skills in software such as QuickBooks and Excel. Familiarity with MRP/ERP systems and experience with SaaS revenue recognition are preferred, enhancing your ability to contribute to our innovative environment.

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Common Interview Questions for Divisional Controller
What motivated you to apply for the Divisional Controller position at Powerhouse Dynamics?

When answering this question, focus on your passion for innovation in accounting within sectors like IoT and clean-tech, aligning your values with Powerhouse Dynamics’ mission. Highlight how you see yourself contributing to their goals and any relevant experiences that sparked your interest.

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Can you describe your experience with financial statement preparation?

Discuss your specific experiences preparing financial statements in previous roles. Highlight your attention to detail and emphasis on compliance, as they are critical for the Divisional Controller role. Be prepared to provide examples of statements you've managed and what processes you followed to ensure accuracy.

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How do you handle compliance with accounting standards?

Your response should illustrate your understanding of compliance standards and your experience managing team compliance activities. Discuss any systems or processes you have implemented to uphold these standards, such as regular audits and adherence to GAAP.

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What strategies do you use to monitor cash flow effectively?

Talk about specific methods you’ve employed to track cash flow, such as utilizing accounting software, establishing clear reporting practices, and reviewing financial trends. Emphasize the importance of cash flow management for the company’s financial health.

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How do you approach budgeting in your role?

Explain your systematic approach to budgeting, including how you gather input from various departments, set realistic goals, and assess progress throughout the year. This showcases your ability to work collaboratively and adapt as needed.

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Describe a challenging accounting issue you’ve encountered and how you resolved it.

Share a specific example that demonstrates your problem-solving skills and ability to think critically. Emphasize the steps you took to analyze the situation, develop a solution, and ensure it didn't recur, enhancing your credibility.

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What experience do you have with auditing?

Discuss your involvement with both internal and external audits, detailing how you prepared for them and ensured compliance. Highlight any specific accomplishments or improvements you made during the auditing process, as this is relevant to the Divisional Controller role.

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How do you stay updated with changes in accounting regulations?

Mention specific resources you use to stay informed, such as professional organizations, accounting webinars, and industry publications. Show your commitment to continued education and highlight any relevant certifications or courses.

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What role do you see technology playing in accounting?

Discuss the increasing importance of technology in accounting processes, citing specific software or solutions that have positively impacted your work. This will demonstrate your awareness of industry trends and your adaptability to change.

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How do you prioritize tasks during busy periods?

Explain your organizational skills and methods for prioritizing tasks during peak accounting periods (e.g., quarter-end or tax season). Mention any project management tools or techniques you use to keep track of responsibilities.

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VIEW MATCH
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
No info
HQ LOCATION
No info
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
April 3, 2025

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