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Controller

At Spindrift, we’re making every beverage a positive force of nature. Founded in 2010, we believe the best flavors come directly from nature. That’s why every Spindrift beverage is made the hard way—with real squeezed fruit, never from concentrate. From sourcing the best-tasting fruit globally to maintaining a carefully honed manufacturing process, we believe in doing things the hard way, the intentional way, the better albeit more challenging way, the right way – because, in the end, it's worth it. Spindrift® sparkling water is available nationwide, while Spindrift Soda and Spindrift Spiked® hard seltzer are available in select markets. We are also a proud member of 1% for the Planet, donating to environmental causes. Spindrift is headquartered in Newton, MA.

We are looking for a Controller who is excited about joining a challenger brand and prefers operating in a dynamic, fast-paced, and high-performing environment. As we currently manage this next phase of organizational growth, the Controller will be expected to foresee and evolve the required responsibilities and standards for the entire accounting function. This will entail creating the roadmap and leading the way for the team to achieve all of their objectives in current state, and at scale. Successful candidates will be those who have proven their ability to grow and develop in pace with a rapidly growing company, or those with demonstrated potential who are poised to do so at their next opportunity.

The Controller position will be accountable for the accounting operations of the company, which includes the production of financial statements, forecasting and management of working capital, design and oversight of an adequate system of accounting records, a comprehensive set of controls designed to mitigate risk, enhancing the accuracy of the company's reported financial results, and ensuring that reported results comply with generally accepted accounting principles.

Principal Accountabilities:

Organization Management

  • Manage and develop a team of accounting professionals that thrives and succeeds on the challenges and complexities of a fast-growing Consumer Packaged Goods business
  • Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's long term goals and objectives
  • Influence change across the organization to support an ever increasing level of complexity in business operations
  • Identify and manage third party relationships to continuously deliver incremental business value; includes auditors, banks, tax preparation firms, insurance brokers, and other professional service providers

Process Management

  • Champion a culture of continuous process improvement
  • Develop and maintain a sophisticated set of accruals covering all expense categories
  • Maintain an orderly accounting records system
  • Devise and maintain a system of controls and policies covering all accounting transactions

Reporting

  • Issue timely, accurate, and complete financial statements
  • Recommend benchmarks against which to measure the performance of company operations
  • Calculate and issue regular cash forecasts and working capital metrics
  • Maintain the foundational design that supports a robust system of management reporting
  • Evaluate the effectiveness of accounting software and associated systems, continuously improving efficiency

Compliance

  • Coordinate the annual audit process; expect minimal audit findings
  • Monitor debt levels and ensure compliance with debt covenants
  • Comply with all local, state, and federal government reporting requirements and tax filings

Desired Qualifications: The controller candidate should have a Bachelor's degree in accounting or business administration, or equivalent business experience and 10+ years of progressively responsible experience.  Preference will be given to candidates that possess the following:

  • Prior service as Controller for a period of at least 3 years
  • Prior experience working for a Private Equity backed organization
  • Certified Public Accountant or Certified Management Accountant designations
  • Experience in the Consumer Packaged Goods industry
  • Experience working with Netsuite

Working Conditions: Primarily in an open office environment 4 days a week. Periodic weekend or evening work is expected. 

Supervises: All accounting staff including Tax and Treasury, 12 people in 2025.

In addition to the salary range for this position ($220,000 - $245,000), Spindrift offers the following compensation and benefits:

  • Short-term and long-term incentive programs specific to level and department.
  • Medical, dental and vision insurance, with a current employer contribution rate of 80% towards monthly premiums, regardless of plan type selected.
  • Company-paid life insurance and a 401k retirement savings plan.
  • Monthly cell phone allowance.
  • Annual allowances for personal use of Spindrift product, health and wellness, professional development and social justice education.
  • A host of voluntary benefits including but not limited to additional life insurance, short-term disability and long-term disability insurance, pet insurance, commuter benefits, etc.
  • In addition to any paid leave benefits required by regulation, the company provides paid parental leave, vacation, sick, personal, bereavement, community service, and holiday time.

Average salary estimate

$232500 / YEARLY (est.)
min
max
$220000K
$245000K

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What You Should Know About Controller, Spindrift

Welcome to Spindrift, where we’re committed to transforming every beverage into a true force of nature! As we continue to grow since our founding in 2010, we are on the lookout for a skilled Controller to join our passionate team. At Spindrift, we pride ourselves on using real squeezed fruit to create delicious beverages without compromise. We believe in doing things the right way and are proud members of 1% for the Planet. As the Controller, you will not only manage our entire accounting function but also play a significant role in shaping the future of Spindrift's financial strategy. You will oversee a dedicated team of accounting professionals in a fast-paced environment, ensuring we maintain strong financial health while navigating our exciting growth trajectory. Your responsibilities will include producing accurate financial statements, managing working capital effectively, and developing robust controls to mitigate any risks. You'll be expected to influence organizational change and enhance our reporting processes while ensuring compliance with all accounting standards. If you have a track record of thriving in rapidly growing companies and a passion for delivering quality, this is your opportunity to make a real impact at Spindrift and help us create beverages that people love—all while being committed to positive environmental change.

Frequently Asked Questions (FAQs) for Controller Role at Spindrift
What are the responsibilities of a Controller at Spindrift?

As a Controller at Spindrift, you will manage the entire accounting function, including producing financial statements, working capital management, and establishing robust accounting practices. You will oversee a team, implement changes for efficiency, and ensure compliance with accounting standards, all while supporting the company's growth.

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What qualifications are required for the Controller position at Spindrift?

To be eligible for the Controller position at Spindrift, candidates should hold a Bachelor's degree in accounting or business, possess 10+ years of progressively responsible accounting experience, and have at least 3 years in a controller role. Preference is given to those with CPA or CMA designations and experience in the Consumer Packaged Goods industry.

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How does the Controller at Spindrift contribute to financial reporting?

The Controller at Spindrift plays a critical role in financial reporting by ensuring timely and accurate preparation of financial statements and working capital metrics. You will also set benchmarks for performance measurement and maintain effective management reporting systems.

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What type of work environment can a Controller expect at Spindrift?

At Spindrift, the Controller can expect a dynamic and fast-paced work environment primarily in an open office layout. The role may require periodic weekend or evening work to meet the demands of our growing business.

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What benefits does Spindrift offer to its Controller?

The Controller position at Spindrift includes competitive compensation, medical, dental, and vision insurance with substantial employer contributions, company-paid life insurance, a 401k plan, along with various allowances for personal and professional development, and generous paid leave benefits.

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Common Interview Questions for Controller
How do you manage a team of accountants in a fast-paced environment?

When managing a team of accountants, particularly in a fast-paced atmosphere like at Spindrift, it's essential to foster open communication, set clear objectives, and encourage continuous learning. I prioritize team engagement and ensure everyone is aligned with the company's goals and responsive to changes.

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Can you discuss your experience with financial forecasting?

In my prior roles, I've emphasized the importance of accuracy in financial forecasting. I used validated historical data to develop forecasts and continuously monitored actual performance against these projections to make necessary adjustments, providing clarity and credibility in financial planning.

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What methods do you use to ensure compliance with accounting standards?

To ensure compliance, I implement a robust system of internal controls, regularly review financial processes, and conduct training sessions for my team on relevant regulations. This proactive approach helps minimize discrepancies and adheres to accepted accounting principles.

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How do you handle audit processes?

When handling audit processes, I prepare in advance by ensuring our documentation is thorough and organized. During the audit, I maintain transparency with auditors and promptly provide any requested information, which helps us achieve minimal findings and fosters a collaborative relationship with the audit team.

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What strategies do you use for risk management in finance?

I believe in a layered approach to risk management, which includes developing comprehensive financial controls, conducting regular risk assessments, and training the team to identify potential areas for financial risk. This proactive strategy allows us to anticipate and mitigate risks effectively.

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How do you influence change within an organization?

Influencing change requires clear communication, demonstrating the potential benefits of new processes, and involving team members in the transition. By aligning changes with company objectives and involving stakeholders in the discussion, I've successfully led initiatives that increased operational efficiencies.

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Describe your experience with accounting software.

I have extensive experience using various accounting software tools, including Netsuite, which has been part of overseeing financial operations. I continuously seek ways to leverage technology for streamlined processes and improved accuracy, ensuring the software meets evolving business needs.

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How do you ensure accuracy in financial reporting?

Ensuring accuracy in financial reporting starts with a robust internal control system, regular reconciliation of accounts, and conducting thorough reviews of reports before submission. Continuous training and open lines of communication within my team further promote accuracy and attention to detail.

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What is your approach to financial statement analysis?

My approach to financial statement analysis involves assessing key performance indicators and benchmarking against industry standards. This thorough analysis helps in making strategic business decisions and communicating financial health to stakeholders effectively.

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How do you foster a culture of continuous improvement in accounting?

I foster a culture of continuous improvement by encouraging my team to share ideas for process enhancements, reviewing our procedures regularly, and implementing feedback from both my team and external audits. Personal development opportunities also contribute to a growth-focused environment.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 3, 2025

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