Assistant Controller

Color - Remote, OR

Full-time - Mid Level

Remote, OR

Sporting Goods, Hobby, Musical Instrument, Book, and Miscellaneous Retailers

About the position

The Assistant Controller at Color will lead and oversee key accounting functions, ensuring the accuracy and efficiency of accounting processes while supporting the financial health of the organization. This role involves managing Accounts Payable, Payroll, Expenses, Inventory, General Ledger, and Tax Compliance, and requires a strong background in financial management within a fast-paced start-up environment.

Responsibilities

• Actively engage in the day-to-day operations of Accounts Payable and Payroll functions, including managing a small team.
• Oversee the entire AP process, including invoice processing, payment approval, vendor management, and disbursements.
• Develop and enforce policies and procedures related to expense management, including review and approval processes for business expenses and employee reimbursements.
• Oversee the Payroll function ensuring timely and accurate processing of payroll for all employees, adhering to company policies and relevant regulatory requirements.
• Collaborate with HR on payroll-related reporting, benefits administration, and audits.
• Manage inventory accounting, including costing, valuation, and controls to ensure proper financial reporting.
• Manage inventory audits and work closely with operations to maintain accurate stock levels and valuations.
• Support the implementation, maintenance, and improvement of key accounting systems and related technologies (e.g., ERP systems, payroll systems, A/P).
• Ensure the accuracy and completeness of accounting records and reports, in line with Generally Accepted Accounting Principles (GAAP) and other relevant standards.
• Oversee and support third party tax providers in the tax preparation processes, ensuring compliance with federal, state, and local tax regulations.
• Provide assistance in ongoing tax studies and reviews.
• Oversee month-end, quarter-end and year-end closing processes, including reconciliations, journal entries, and flux analysis.
• Manage the General Ledger (GL), including the accurate and timely recording of expenses, ensuring proper period cutoffs, and maintaining compliance with accounting standards and internal controls.
• Support the external financial audit process.

Requirements

• Bachelor's or Master's degree in Accounting, Finance, or a related field.
• Minimum of 7-10 years of accounting experience with 3+ years of management experience.
• Strong understanding of Payroll, Accounts Payable, Inventory, and Expense management processes.
• Prior experience with inventory management, standard costing and inventory reserves.
• Expertise with financial systems (e.g., ERP, payroll systems) and experience in optimizing accounting processes through automation.
• In-depth knowledge of GAAP and other relevant accounting standards.
• Exceptional leadership and interpersonal skills with the ability to communicate effectively across all levels of the organization.
• Strong analytical and problem-solving abilities, with a focus on continuous improvement and operational excellence.
• High attention to detail and strong organizational skills.
• Proficiency in Microsoft Office Suite (especially Excel) and accounting software.

Nice-to-haves

• CPA preferred
• Experience in healthcare, specifically digital health
• Expertise with Netsuite (including Netsuite inventory module)
• Experience with A/P, Payroll, and Expense platforms such as Tipalti and ADP
• Startup experience

Benefits

• Competitive salary
• Comprehensive medical, dental, vision, life, and disability benefits
• 401k match
• Monthly phone and wifi stipend for employees, annual ergonomic stipend
• Generous vacation policy, paid holidays and company-wide recharge days
• Equal paid parental leave for birthing and non-birthing parents
• Free cancer screening and prevention resources for employees and their adult dependents