Corporate Controller
3 weeks ago
**About Banyan**:
Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. We are on a mission to acquire, build and grow great enterprise software businesses all over the world that have dominant positions in niche vertical markets. In 2021, Banyan was named the #1 fastest-growing private software company in the US on the Inc. 5000, and ranked #10 fastest-growing companies in the 2021 Deloitte Technology Fast 500. Founded in 2016 with a permanent capital base setup to preserve the legacy of founders, Banyan focuses on a buy and hold for life strategy for growing software companies that serve specialized vertical markets.
**Job Profile**:
Reporting to the CFO, the Corporate Controller will be a key financial leader and a close partner to the CFO. This individual will oversee the execution of financial accounting and reporting and corporate operations, including related processes and systems. The Corporate Controller will lead accounting policy and ensure compliance and other applicable rules and laws. This position will also manage external audits and other financial reporting engagements.
In addition, the Corporate Controller will manage a large team, the finance integration function, technical accounting, and the payroll department. It will also liaise with finance professionals to ensure consistent and accurate financial reporting across the company.
**Responsibilities**:
- Full ownership of consolidated and entity monthly, quarterly, and annual external financial statements, ensuring accuracy and compliance with group accounting policies and consistency of reporting across existing and newly acquired partners.
- Manage all systems and processes related to day-to-day accounting, accounts receivable, accounts payable, and billing.
- Lead the offshore finance and accounting teams, and thoughtfully designing this organization to effectively absorb accounting and finance integration responsibilities.
- Partner with finance professionals and offshore teams to ensure financial reporting is completed in a timely manner.
- Streamline reporting processes to facilitate faster month and quarter end closes, including the implementation of value-added software tools (e.g., automation), while seeking to continuously improve accuracy and value-added decision making.
- Develop and maintain standardized templates for monthly close process and reporting.
- Oversee the integration of acquisitions into the company’s finance infrastructure in an expedient, consistent, and thoughtful manner.
- Manage financial audits and other engagements, including coordinating with external auditors, local statutory auditors, and other services providers.
- Provide advice and guidance on accounting matters to internal accounting/finance professionals and stakeholders, including but not limited to purchase accounting, revenue recognition, new standards, hedging, credit facilities, and stock-based compensation.
- Oversee the payroll department and ensure compliance with regulatory and tax requirements in relevant jurisdictions.
- Coaching and mentoring of direct reports, providing guidance, training, and career development.
- Document and/or review accounting policies and procedures, to ensure company financial statements are prepared in accordance with GAAP.
**Qualifications for success**:
- Professional certification as CPA-CA or equivalent and a relevant undergrad degree.
- Minimum of 10+ years of accounting/finance experience, including relevant experience leading the accounting function of a multi-entity international serial acquirer.
- Strong knowledge of US GAAP, ideally in a software business.
- Experience integrating acquisitions or implementing accounting system transitions and designing financial processes.
- Proven background driving efficiency in accounting operations (e.g., reducing the time of financial close processes) and leveraging value-added software tools.
- Experience overseeing the payroll function is an asset.
- Promotes leadership by developing talent, driving a high-performing culture, and leading our core values and competencies by example.
- Demonstrated ability to work with various levels of management.
- Experience overseeing audits performed by external audit firms.
- Ability to work independently and thrive in a fast-paced and sometimes ambiguous environment, flexibility a must.
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