Assistant Controller
Position Overview:
At OOFOS, our mission is to make people feel good through our proprietary OOfoam™ technology and innovative footbed design, company culture, and community initiatives. We prioritize empathy, inclusivity, and creativity, leaving a lasting sense of WOW! We are committed to providing exceptional experiences for both our customers and employees, fostering a trusted and inclusive environment. You’ll have the autonomy and flexibility to develop your career and contribute to our innovative products, that enable people to live life in ultimate comfort.
The Assistant Controller will be a key member of the Finance team, responsible for overseeing the company’s accounting operations, ensuring compliance with GAAP, and supporting timely and accurate financial reporting. This role partners closely with cross-functional teams, supervises accounting staff, assists with audits, and plays a critical role in maintaining and improving accounting processes and internal controls. The ideal candidate has a strong accounting background, is detail-oriented, analytical, and thrives in a fast-paced environment.
Key Responsibilities:
Financial Close & Reporting
- Manage the monthly, quarterly, and annual close processes, ensuring accuracy, timeliness, and adherence to GAAP.
- Own the balance sheet reconciliation process and drive timely resolution of reconciling items
- Review and approve journal entries, account reconciliations, and financial statements.
- Support the Controller in preparing consolidated financial reports and management presentations.
Accounting Operations Oversight
- Oversee day-to-day accounting activities, including general ledger, accounts payable, accounts receivable, and inventory.
- Ensure all transactions are recorded accurately and in compliance with accounting standards.
- Support the accounting department with all aspects of the general ledger.
- Understand sales and use tax requirements; comply with local, state and federal reporting requirements and tax filings.
- Lead and complete special projects as assigned by the Controller or CFO
Compliance, Controls & Audit
- Maintain and enhance accounting policies, procedures, and internal controls to ensure compliance with GAAP and company standards.
- Coordinate external audits, ensuring timely completion and accurate documentation.
- Ensure compliance with federal, state, and local tax reporting requirements as needed.
- Uphold segregation of duties and approval workflow controls across the team.
Inventory Management
- Serve as subject matter expert on inventory transactions and adjustments in NetSuite, understanding the full lifecycle from PO receipt through fulfillment, returns, cycle counts and write-offs, and how each flow to inventory and COGS.
- Reconcile returns monthly against returns reporting, working through discrepancies with the Operations team.
- Partner with Operations and 3PL on receiving issues – quantity shortfalls, damaged/short shipments, PO mismatches, and timing of receipts versus vendor invoicing.
Process Improvement & Systems
- Identify and implement process improvements and automation opportunities to increase efficiency, accuracy, and scalability.
- Partner with IT and Finance leadership to optimize ERP system (e.g., NetSuite) and accounting workflows.
Leadership & Cross-Functional Collaboration
- Supervise, mentor, and develop accounting team members to build capability and support career growth.
- Serve as the Controller’s right hand and backup, representing the accounting function in the Controller’s absence.
- Partner with FP&A, Operations, the 3PL, HR, and other departments to ensure accurate financial data and reporting alignment.
Qualifications:
- Bachelor’s degree in accounting, finance, management or a related field. CPA strongly preferred.
- 7+ years of progressive accounting experience, including at least 2 years in a leadership or supervisory role.
- Strong knowledge of GAAP, internal controls, and financial reporting requirements.
- Proficiency in ERP systems (NetSuite, or similar) and advanced Excel skills.
- Excellent analytical and critical thinking skills, and ability to demonstrate attention to details.
- Excellent analytical, communication, and interpersonal skills.
- Ability to manage multiple priorities and meet deadlines in a dynamic environment.
- Proven ability to lead, coach, and develop high-performing accounting teams.
Leadership Behaviors:
- Cultural fit: Strong desire to make people feel good and live our brand ethos is a must.
- Leadership: Provide leadership to peers and cross functional teams with the ability to manage projects with limited risk to the organization.
- Impact: Proven understanding of how various transactions and processes will impact the business and the financial results.
- Ownership: Take action as required, respond to questions related to area of expertise and reach out to others for clarity when needed.
- A “team first” attitude, collaborative mindset and openness to feedback is a must.
- Highly motivated, organized individual with ability to prioritize multiple projects and deadlines.
- Self-starter who can identify new opportunities, analyze a problem and develop tactics/strategies to drive growth.
- Outstanding communication and customer contact skills required.
