Controller

Controller

FreshPure Waters (National Water Services LLC) Salt Lake City UT On-Site

About FreshPure Waters

FreshPure Waters (National Water Services LLC) is a TowerBrook Capital Partners-backed company that operates bulk filtered water vending machines in major grocery retailers across the United States including Whole Foods Market Sprouts Farmers Market and regional independents. FreshPure is in an active growth phase.

This is a ground-floor opportunity to build the finance function during a period of commercial expansion ERP transition to Microsoft Dynamics 365 Business Central and PE-sponsored value creation. The Controller will be the first dedicated accounting leader in the company and will build the function in direct partnership with the CFO leveraging the foundation established by the existing accounting team.

The Opportunity

What You Will Own

Financial Close and Reporting

Own the month-end close process journal entries accruals prepaid amortization depreciation inventory adjustments and intercompany eliminations.

Prepare monthly financial statements (income statement balance sheet cash flow statement) for CFO review and board presentation.

Maintain and enforce the chart of accounts GL structure coding discipline and proper transaction classification.

Prepare the quarterly lender package for the companys senior lender and support the CFO on covenant compliance calculations.

Build and run the close calendar. The expectation is a consistent 57 business day close by the end of year one.

Inventory Accounting

Own the inventory sub-ledger in QuickBooks (and Business Central post-migration) bill of materials integrity build order accounting WIP tracking and finished goods costing.

Reconcile the inventory balance sheet account to the inventory valuation report every month. Investigate variances resolve root causes and keep the sub-ledger clean.

Partner with Production and Purchasing to enforce inventory SOPs and ensure receiving transfers and build orders are processed correctly and on time.

Own the capitalization process for installed units ensure every unit that moves from finished goods to a retail location is properly capitalized as a fixed asset.

Audit and Compliance

Be the primary management contact for the external audit and own the PBC process. Audit support needs to be timely complete and well-documented.

Manage preparation of supporting schedules PP&E roll-forward lease roll-forward (ASC 842) accrued expenses detail equity roll-forward.

Own the internal controls framework document key controls maintain appropriate segregation of duties and support ongoing enhancement of audit readiness and control effectiveness.

Coordinate with external tax advisors on the tax provision deferred taxes and compliance deliverables requiring management input.

ERP Implementation Microsoft Dynamics 365 Business Central

Serve as the finance lead on the Business Central implementation in partnership with RSM and a dedicated ERP PM.

Own the configuration of the BC finance module chart of accounts dimensions posting groups period close setup and financial reporting structures.

Own the data migration of trial balance open AP/AR fixed asset sub-ledger and inventory from QuickBooks to Business Central.

Lead the parallel close run QuickBooks and Business Central simultaneously for at least one period before cutover to validate data integrity.

Team and Process Development

Directly Supervise and partner with the Accounting Operations Manager a long-tenured team member with deep institutional knowledge of FreshPures operations financial processes and systems. Leverage their operational expertise and rely on their ability to run AP disbursements cash management and contractor payments.

Build and document the month-end close checklist internal control documentation and accounting policy manual.

Be a real thought partner to the CFO. Push back when something is wrong have a view on technical accounting questions and contribute to the broader finance agenda.

What We Are Looking For

Required

Bachelors degree in Accounting or Finance. CPA strongly preferred.

5 years of progressive accounting experience with at least 2 years in a Controller or Assistant Controller role.

Experience in a PE-backed or growth-stage company. You understand sponsor expectations lender reporting and the pace that comes with both.

Inventory accounting experience in manufacturing distribution or another product-based environment where cost accounting WIP tracking and BOM management are important operational disciplines.

Audit experience. You have served as the primary management contact for an external audit and know how to manage the process without supervision.

QuickBooks Enterprise experience with responsibility for closing the books and producing financial statements; ability to improve process reliability and support a successful transition to a more scalable ERP environment.

Strong Excel skills you build reconciliation workbooks and financial schedules not just consume them.

Strongly Preferred

Microsoft Dynamics 365 Business Central experience you have implemented it or worked in it. This is a meaningful differentiator.

Experience with significant fixed assets and unit-level cost tracking retail rollouts equipment-as-a-service or similar models.

Experience building or rebuilding a finance function you have been the first or second accounting hire in a company and you know what that means operationally.

Familiarity with ASC 842 lease accounting and purchase price allocation in a PE-sponsored acquisition context.

Who Thrives in This Role

You know how to bring order discipline and repeatability to a developing accounting environment.

You communicate clearly with non-finance people operations purchasing production. You can explain why the accounting process matters without making people feel audited.

You are organized and consistent. The close happens the same way every month. The audit deliverables go out on time.

You have a point of view and the judgment to defend it. If something is wrong you say so and back it up with the accounting.

You build trust with operators. The Accounting Operations Manager has deep institutional knowledge at FreshPure you will learn from her not over her.

Compensation and Team

The CFO is looking for a thought partner not an order-taker.

Your immediate team: a Senior Staff Accountant (hire in progress) and an Accounting Operations Manager with significant tenure at FreshPure.

FreshPure Waters is an equal opportunity employer. To apply or for questions contact: