Fractional Controllers at Third Road Management work with multiple clients on a routine basis and are responsible for building strong relationships with the Client and existing accounting team. They can adapt easily to a variety of industries and understand the accounting challenges prevalent in each one. TRM’s Fractional Controllers work independently, juggle multiple priorities and enjoy finding solutions to difficult challenges. This is a hybrid role based in the Greater Chicago area.
About Third Road Management
Third Road Management, a pioneer in the booming fractional services industry with a nationwide presence, was established in 2015 with a singular mission: to revolutionize how small to mid-sized organizations view and manage their financial operations. Across the nation, there are over one million organizations generating revenues under $100 million that lack the essential strategic, financial, and operational expertise needed to establish a sustainable and scalable foundation. Third Road Management addresses this challenge by offering a re-imagined CFO suite, featuring some of the most skilled Fractional CFOs, Fractional Controllers, and Fractional Bookkeepers available in the market.
Responsibilities Include
- Build strong relationships with the Client and existing accounting team. Leverage expertise to understand and resolve technical or operational issues and engage the relevant client team members.
- Review Accounts Receivable processes at clients and ensure appropriate and timely recording and collecting of all billings according to existing payment terms and contracts.
- Supervise all Accounts Payable functions including, but not limited to, reviewing invoices and ensuring, if applicable, they are in compliance with vendor agreements, invoice approval process and correct coding of invoices to the appropriate accounts.
- Manage or complete a monthly and quarterly close process including but not limited to bank, loan, credit card statements and general ledger account reconciliations as requested or needed by client.
- Prepare and review the General Ledger by preparing a trial balance; and preparing and reviewing reconciling or adjusting entries. Ability to close the books on both a cash or accrual basis as needed by client.
- Manage Client Accounting team in the preparation of routine monthly financial reports, annual legal entity and tax filings; coordinate with auditors to provide documentation as requested.
- Maintain historical records as appropriate including contracts, vendor agreements, 1099’s, W-9s, vendor re-seller certificates etc.
- Manage relevant financial audit and tax work for the Client by working with outside accountants. Create and document internal controls, policies and procedures and coordinate review with Client’s outside audit team where applicable.
- Supervise or review Payroll processing on a timely basis as determined by Client.
- Manage completion of sales tax compliance, inventory tracking, and other areas unique to client industry as needed. Prepare and review various multi-state sales tax filings.
- Supervise cash management ensuring that timely reconciliations are completed, bank accounts are managed appropriately, and cash forecasts are prepared for client when needed.
- Develop, prepare and maintain monthly and quarterly financial statement packages for Client. Financial Statements should include standard variance analysis and insights to support Client in understand business trends and results. Additionally, should be able to leverage statements and business acumen to create annual budgets or forecasts as requested by client.
Qualifications for this Role
- Several years of experience in working with small to medium sized businesses.
- Can work independently with support or additional training from supervisor as needed.
- Communicate succinctly and with assurance to advise clients on best course of action. They can deal with a variety of accounting issues and explain the impact of said issues to Client.
- Has excellent organizational skills, demonstrates ability to manage projects, and juggles multiple responsibilities simultaneously to meet deadlines.
- Has the ability to get along with diverse personalities, while being tactful, mature, and flexible.
- Possesses a strong ability to manage relationships and communicate both verbally and in writing.
- Is competent in many systems, preferably Quickbooks Online or Enterprise. In general, adaptable to whatever accounting system the client utilizes.
- Bachelor’s degree from a top tier school is required.
- CPA (license does not need to be active).
- 10+ years of experience in accounting/ finance, with several of those years being in a management capacity.
Culture and Total Rewards
Third Road Management embodies a culture that provides unmatched flexibility, empowerment and balance while delivering deep expertise and excellence for our client.
- Flexible & Remote Schedules
- Unlimited PTO
- Competitive Compensation
- Health, Dental & Vision Insurance
- 401(k)
- Genuinely Passionate and Personable Colleagues