Controller-Corporate Tax & Family Office

• Oversee the preparation of worldwide tax returns for FKA Distributing Co, LLC (FKA)
• Prepare local sales, use and other taxes
• Oversee Advanced Pricing functions in JDE
• Setting pricing on customer orders
• Setting customer allowance program accruals
• Oversee Accounts Receivable functions for US and Canada entities
• Setting Customer Credit limits
• Setting customer collection procedures and policies
• Reviewing outstanding balances
• Reporting Customer Contribution Margin results
• Preparing Contribution Margin reports for distribution to upper management and sales staff.
• Proposing changes to be made to customer programs to improve results at a customer level.
• Work with the Broker to secure the annual insurance package for FKA.

• Creating and implementing best practices and procedures for the family office’s accounts payable needs
• Communicating appropriate details on all bills to the family members, who approve bills for payment
• Entering invoices and payments into the accounting system and ensuring proper coding and allocations
• Ensuring invoices are paid in a timely and accurate manner
• Preparing and processing payments by check, wire, ACH, or credit card
• Performing call-back procedures to confirm vendor bank account instructions
• Proactively identifying potential 1099 vendors and collecting and organizing W-9s as needed. Providing a clear summary of 1099s to issue in January of each year including Payee, Address, SSN/EIN, Dollar Amounts, and type of 1099 form.
• Working with internal departments, banks, and external vendors to resolve any payment issues
• New bank account setup & ongoing maintenance
• Cash management, including forecasting future cash needs and ensuring that bank accounts are appropriately funded in advance of those needs
• Bank Account Reconciliations
• Credit card management for family members and household staff including applying for credit cards, sending credit card statements to the appropriate parties for review monthly, managing the payment process related to these bills, investigating any unknown charges, managing spending limits on credit cards, and categorizing all expenses for bookkeeping purposes
• Review and process employee expense reports, ensuring they are in line with the Expense Policy
• Operational accounting & reporting for the family office’s companies including:
• Preparing monthly and quarterly financial statements for the Family’s review (including personal, investment, operating, and non-profit entities)
• Maintaining accurate records of accruals and prepaid expenses
• Fixed asset tracking including capitalizing expenses when necessary and recording depreciation
• Recording intercompany transactions and reconciling intercompany accounts payable
• Liaising with external teams (tax, legal, payroll, insurance, vendors, financial advisors) to support various needs
• Maintaining various trackers for the family office (K-1s received, month end close workbooks, etc.)
• Tax management to utilize technical tax, analytical and skills including:
• Preparing or reviewing complex tax returns including federal and multi-state returns for high-net-worth individuals, including S corporations, partnerships, trusts and foundations
• Preparing or reviewing income tax projections to determine quarterly tax payments
• Closely monitoring recent tax legislation and how the law affects each family-owned business and family member
• Researching tax issues and providing guidance, including responding effectively and timely to family inquiries
• Provides quality client service and effective operations support by resolving client issues and analyzing data to address risk issues and trends

• Bachelor’s degree in Accounting (CPA preferred)
• 7-10 years of financial accounting experience
• Experience in public accounting, family office, management company or investment firm accounting preferred and corporate tax.
• Proficiency with Microsoft Excel and various accounting software (JDE).
• Detailed-oriented with strong analytical thinking, communication, and organizational skills.
• High level of integrity, confidentiality, and discretion.
• Self-directed with strong leadership skills and the ability to mentor.
• Extensive knowledge of ERP software and ability to determine how transactions are recorded in the system.
• Excellent problem-solving skills with the ability to drive alternative solutions.
• Self-starter with ability to manage deadlines with little supervision.
• Thorough knowledge of US partnership tax law.
• Understanding of US tax depreciation rules.
• Understanding of business objects reporting software.
• Understanding of consolidation rules as they relate to preparation of partnership returns.
• Location: On-site Commerce, MI Headquarters

HoMedics