The posting
Covetrus is a global animal-health technology and services leader dedicated to empowering veterinary practice partners to drive improved health and financial outcomes. We bring together products, services, and technology into a single platform that connects our customers to the solutions and insights they need to work best. Our passion for the well-being of animals and those who care for them drives us to advance the world of veterinary medicine.
The Business Unit Controller is responsible for the oversight of the accounting, financial reporting, and control environment of Covetrus North America’s largest business unit. The MWI Controller will leverage their accounting expertise in revenue recognition, inventory management and other complex areas such as software development, property accounting, internal controls, process implementation and operational oversight.
The Controller will have an in-depth knowledge of US GAAP and will have the ability to apply standard principles, theories, concepts and techniques as well as make complex decisions. As a core leader of the Controllership team, this role is responsible for inspiring the team, peers, and leadership, and building an effective and engaged team while supporting their development.
This position reports to the North America Controller and manages a team of accounting professionals.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
- Direct the functional areas within revenue recognition, inventory control, general accounting, and compliance through partnership with various areas of operations, FP&A and shared services.
- Ensure compliance with GAAP and other regulatory and/or internally developed accounting policies and procedures.
- Oversee monthly accounting close process including analytical review of the monthly results to ensure accurate accounting records are maintained.
- Serve as the point of contact and owner of key controls that include, but not limited to: record to report, procure to pay, order to cash, leasing, inventory, and fixed assets.
- Be attuned to early warnings of financial control gaps and be able to proactively implement action plans to swiftly remedy.
- Understand and manage multiple different income streams including product, manufacturing, fees, subscription, software, royalty, consulting, bundling, rebates and margin reimbursements.
- Provide thought leadership to the business on revenue building initiatives while ensuring compliance with revenue recognition (ASC 606)
- Comfortable creating or re-evaluating current policies and memos around reserves and impairment analyses that can vary across subsidiaries.
- Oversight of all intercompany transactions and allocation methodologies.
- Oversight of all physical inventories and material cycle count adjustments and ensure compliance based on established controls.
- Implement, document and maintain adequate and effective processes to improve and shorten the monthly accounting close.
- Issue timely and complete month-end reports and analytics to the consolidation team.
- Serve as the point of contact for all internal and external audits.
- Provide counsel and advice to management in developing objectives, strategies and tactics from a financial and accounting perspective.
- Encourage ideas and creative approaches for continuous improvement.
- Establish a clear understanding of other functional areas of company and provide guidance to executives of Business Development, Operations, Quality, HR, Program Management, Product, and Development in relation to financial goals and strategies.
- Keep up to date on the animal health market and applicable accounting rules and regulations.
- Provide training and guidance to finance staff and non-financial colleagues across the business.
- Mentor/develop direct reports and retain/promote top performers.
QUALIFICATIONS AND SKILLSETS
- Bachelor's degree in Accounting or Finance
- CPA Required, MBA a plus
- 8+ years of diverse financial experience in various finance / accounting roles
- 3+ years in a hands-on management position
- Strength of character, with the ability to take clear, decisive action in steering the company's worth and safeguard values
- A history of active involvement and success beyond the traditional responsibilities of financial reporting
- Experience integrating an accounting function as part of a business combination
- Works effectively in a fast-paced environment with multiple competing deadlines
- Possess agility and can adapt quickly to changing priorities
- Strong organizational skills and attention to detail
- Strong work ethic with willingness and ability to dig into details to accomplish tasks and complete projects
We offer the following benefits for you to take advantage of while you are here provided you meet the eligibility requirements under each governing program:
- 401k savings & company match
- Paid time off
- Paid holidays
- Maternity leave
- Parental leave
- Military leave
- Other leaves of absence
- Health, dental, and vision benefits
- Health savings accounts
- Flexible spending accounts
- Life & disability benefits
- Identity theft protection
- Pet insurance
- Certain positions may include eligibility for a short-term incentive plan
Salary may vary depending on factors such as confirmed job-related skills, experience, and location. It is not typical for an individual to be hired at or near the top end of the range for their role. Compensation decisions are dependent upon the facts and circumstances of each case. Sales Positions are eligible for a Variable Incentive.
The pay range for this position is as follows:
$107,500-$153,500
Covetrus is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.
