Controller, North America

4 weeks ago

Oakville, Canada Tbwa ChiatDay Inc Full time

WeightWatchers is a global digital health company.

We are the #1 doctor-recommended – and most clinically studied – behavioral weight health program in the world. For sixty years, WeightWatchers has helped millions build healthy habits and live happier, healthier lives.

As the science of weight health rapidly evolves, so does WeightWatchers. Today we are developing new clinical pathways for medication access, creating behavioral programs for chronic health conditions, integrating third-party services, and enhancing product personalization.

WeightWatchers has embraced technology, with our mobile app now the primary tool for most members. While we continue to perfect our digital product, we are also designing new in-person experiences. With these diverse member touchpoints, our potential for impact has never been greater.

Who We Are

The WeightWatchers Finance Team serves as a core driver of the company's business success. This team of experienced financial professionals leverages data analytics and best practices to deliver insightful financial reporting and analysis. These contributions empower strategic decision-making across the organization, ensuring the company's financial health and sustainability.

What You Will Do

Weight Watchers is looking for an experienced and detailed oriented Controller to join the North America team. The Controller will be responsible for overseeing the preparation and analysis of financial reports, ensuring accuracy and compliance with regulatory standards. The ideal candidate will have extensive knowledge of accounting principles, strong leadership skills, and the ability to effectively communicate financial information to stakeholders.

Job Requirements:

Financial Accounting and Controlling:

- Lead the month, quarter and year end close activities working in collaboration with Corporate Finance and Finance Shared Services. Establish and communicate month end and year end process & timelines to internal stakeholders.
- Manage the monthly Revenue Recognition Accounting and gross-to-net adjustments including promotions and refunds. Utilize pricing models to account for revenue, liaising with Engineering and ERP teams where required.
- Responsible for monthly financial reporting decks with focus on accuracy and value-added insights.
- Identify, interpret and explain budget and expense variances; Identify corrective actions.
- Liaises with and ensures the accounting function is in compliance with audit requirements: purchase to pay, record to report, T&E, accounts receivable, account payables and payroll.
- Leads Quarter End Financial Close processes, including preparation and compilation of Balance Sheet Packs and Disclosure schedules.

Internal Controls:

- Identify, mitigate and report on risk issues according to guidelines and ensure appropriate escalation processes are followed; raise nonstandard issues to relevant stakeholders and Finance Director, North America where required.
- Implement and maintain effective internal controls over financial reporting. Monitor compliance with internal control procedures and identify areas for improvement.
- Audit Support: Serve as the primary point of contact for internal auditors. Coordinate the quarterly and annual audit process and support Finance Director, North America with all auditor inquiries and requests.

Business Partnering/Projects:

- Deliver top tier business partnering to the assigned business areas to drive performance, with focus on expense management, accounting and financial reporting.
- Lead and/or participates in corporate driven projects/initiatives as well as process improvement initiatives as assigned or directed.
- Applies judgment, discretion and collaborates with internal partners to navigate and resolve ambiguous issues.
- Manage and mentor a team of specialists and designated accountants.
- Review and approve journal entries and Balance Sheet reconciliations.
- Lead the accounting team through Quarter End and Year End close processes.
- Lead team to prepare framework to succinctly take complex data and translate it into clear and concise recommendations.
- Ensure team collaboration with partners on business problems/issues and provide fact-based analytical advice that aligns to strategy and drives shareholder value.
- Ensure the team leverages knowledge of data capabilities across the organization to build and deliver on business analytics and insights.
- Provide guidance, leadership, mentorship and development to ensure operational results and professional and personal development objectives are achieved for the overall group.

Knowledge, Abilities and Experience:

- CPA
- Degree in Accounting/Finance
- Senior Manager Level - Minimum 5 years of finance experience in the US environment.
- Extensive knowledge of US GAAP. Experience with SOX compliance is a must.
- Proficiency with MS Office, analytical tools, and Internet applications.
- Strong analytical and problem solving skills are required to interpret data and draw conclusions.
- Deep knowledge and understanding of businesses and organizational practices and disciplines.

We hire only the best people. Here are the benefits to being top-notch:

- The opportunity to work with some of the best innovators in the industry
- 401(K) with company match
- Paid Time Off
- Paid parental leave
- Wellness allowance
- Profit Sharing
- Plus, the resources to locate services including child care, legal services, pet care and more

Base salary may vary depending on, but not limited to: skills, experience, and location. This role is also eligible for a comprehensive benefits package and annual bonus program.

$120,000 - $135,000 CAD

At WeightWatchers, our mission is to build a worldwide community connected by healthy habits. If that resonates with you, then we would love to talk. WeightWatchers values developing community within our employee population as well. We encourage our employees to come into the office 1-2 days/week.

It is our priority to cultivate a diverse and inclusive workplace. We are committed as individuals, as an organization, and as fellow humans, to advocate for and support our employees, our members, and our communities. We are proud to be an equal opportunity employer and we do not discriminate on the basis of sex, race, color, creed, national origin, marital status, age, religion, sexual orientation, gender identity, gender expression, veteran status, or disability.

By agreeing to participate in our process, you agree that any information we collect is subject to our Privacy Policy.

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