Controller (leading to CFO) - Lane Press

Client: Lane Press

Position Title: Controller (leading to CFO)

Website: https://lanepress.com/

Location: South Burlington, Vermont

Reports to: Executive Vice President

Hiring Range: $125,000 - $150,000

When you join the Lane Press team, you work for one of the finest magazine printers in North America, which has been in business for more than a century, and whose focus on quality is part of its DNA. More than 350 publishers trust Lane Press for our ability to produce and to deliver the best possible publication every issue, every time.

In addition, Lane Press has long been focused on sustainability and establishing sustainable ‘green’ manufacturing practices since the 1960s.  This focus on quality and sustainability has been driven by dedicated and highly skilled team members, many of whom have been with Lane Press for decades.

Here is what’s in it for you when you join the Lane Press team: 

• Competitive pay – anticipated hiring range of $125,000 - $150,000
• Future advancement opportunity to a CFO role
• Paid time off and holidays
• Medical, dental, and vision coverage (Blue Cross Blue Shield and Northeast Delta Dental/Vision)
• 401(k) plan through the Newport Group
• Health Savings Account
• Group life insurance, short- and long-term disability insurance
• Employee Assistance Program
• Comprehensive benefits also include wellness programs, onsite physical therapy services, paid bereavement leave, annual flu shot clinics, and employee discounts to The Edge health club.

Position Overview

The Controller reports to the Executive Vice President and manages a small accounting team.  This position oversees the financial operations of the company and makes sure the financial statements are accurate and complete.  The Controller works closely with the Executive Vice President and leadership to drive transformative change and set Lane Press apart from others in the magazine publishing sector. 

This position ensures the financial functions operate efficiently and comply with applicable laws and generally accepted accounting principles.  They prepare budgets and forecasts, oversee AP and AR, implement process improvements, and complete month end and year end processing. The position is approximately 60% tactical and 40% strategic.

Duties & Responsibilities

• Oversees all accounting transactions to properly reflect GAAP.
• Reviews cash flow regularly and provides updates and guidance to leadership regarding cash management.
• Recommends benchmarks that will be used to measure the company’s performance.
• Produces the annual budget and forecasts in collaboration with leadership. Reports significant variances to leadership.
• Collaborates with leadership to use financials, forecasts, and budgets to drive strategy.
• Oversees the production of periodic financial reports; ensures that the reported results comply with GAAP. 
• Provides financial analysis, with emphasis on capital investments, pricing decisions, and contract negotiations.
• Maintains a documented system of accounting policies and procedures; implements a system of controls over accounting transactions to minimize risk.
• Works with external auditors and provides needed information for the annual audit.
• Determines ways to improve systems and automation and implemented necessary changes.
• Establish and maintain effective banking relationships in collaboration with leadership.
• Manage audit-related criteria as mandated by federal and state regulations.
• Ensures compliance with local, state, and federal government requirements.
• Completes month end and year end processing. Posts and reviews monthly journal entries.
• Oversees the accounts receivable, accounts payable, and payroll functions to ensure effectiveness.
• Processes payroll when needed.
• Manages the accounting team and provides training and feedback to advance their professional development.
• Aligns information from disparate systems.

Education and Experience

• Bachelor’s degree in accounting or business administration is required. 
• MBA or CPA is a plus.
• Minimum of ten years or more of related experience required.
• Strong business background is required.
• Manufacturing background is preferred.
• Strong cash management skills.
• Proficient in accounting software. Experience with Monarch is a plus.
• Strong Excel skills including pivot tables and advanced functions.
• Proficient in Microsoft Office Suite or similar software.
• Strong process improvement skills.
• Excellent leadership skills.

Gallagher, Flynn, & Company, LLP has been retained to conduct this search. Interested candidates may apply by sending a resume and cover letter.  While we appreciate all interest in this exciting opportunity, only candidates most closely aligned with our search will be contacted.

Disclaimer: What is listed above is representative of the position's responsibilities but is not meant to be an exhaustive list. Responsibilities may change during employment at the company's discretion. Gallagher, Flynn & Company, LLP, and our client do not discriminate in employment based on race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, parental status, military service, or other non-merit factors.