Assistant Controller

  • Bowery Farming
  • New York, NY
  • May 04, 2021

Job Description

Bowery Farming, the Modern Farming Company, was founded in 2015 with the belief that technology and human ingenuity can grow better food for a better future. Propelled by its proprietary software system, the BoweryOS, Bowery builds smart indoor vertical farms that deliver a wide variety of Protected Produce — in little time, near cities they serve, for a truly local approach. Bowery’s farms are growing the next generation of vibrant and flavorful produce. They’re 100 times more productive on the same footprint of land than traditional agriculture, and grow traceable pesticide-free produce – the purest, best expression of what produce is meant to be – with a fraction of the water and land. About the Role: As the Assistant Controller, you will assist with developing the formulation of internal controls and policies, manage monthly and annual closing, develop an operational cost-management strategy, and work with FP&A, HR, and Operations business leads to create tools to monitor these costs against the budget in real-time.

What You'll Do:

  • Manage all aspects of accounting management (customer invoicing, tax forms, reporting etc.), both internally and through third-party vendors, with the goal of bringing all Accounting operations in-house
  • Establish a system for forecasting, tracking and reporting all costs including variable, fixed, packaging and transportation; bridge monthly actuals to budget and forecast
  • Manage a regular cadence of financial reporting to other members of senior management, the board, and lenders
  • Build a system to manage invoicing and collections process with retail customers
  • Formulate internal controls and policies to comply with established best practices, at both corporate and farm level
  • Preparation of financial statements in compliance with GAAP guidelines and CPG practices
  • Continuously review the company’s accounting information to identify and resolve inaccuracies or imbalances
  • Develop a system with the business to manage overall capital budget and individual projects from approval to commit to spend
  • Working with the supply chain team, develop comprehensive inventory management system
  • Working with the technology team, design and implement a scalable ERP system for the business
  • Drive labor planning and analysis, including demand forecast, labor rates, productivity improvement assumptions, attendance, and attrition

Who You Are:

  • You have relevant years of Accounting experience working CPG, Food or Manufacturing environment
  • You are a result-oriented leader who identifies issues/challenges and drives aggressively to resolve them to the benefit of the enterprise
  • You have solid knowledge of GAAP
  • You demonstrate excellent knowledge of accounting and financial processes (budgeting, financial closing, reporting, etc.)
  • You understand data analysis and forecasting
  • You have extensive experience in implementation and management of ERP software systems
  • You are well-organized with ability to prioritize work
  • You have a collegial attitude, with proven ability to work both independently and with cross-functional teams
  • You are a very good communicator
  • You pay high attention to detail and have strong problem-solving abilities
  • You possess a professional certification (e.g. CPA)

Who We Are:

  • Bowery is a place where everyone is welcome, included and empowered to reach their full potential
  • We live our shared values every day in both big and small ways: opt-in, think wildly different, break barriers together & be kind to the core
  • We are a mission-driven team of unconventional thinkers, problem-solvers, optimists and activators
  • We share a passion for giving back more to the planet than we take, growing deliciously abundant food without abundant harm
  • We are excited to hear from you!

The largest vertical farming company in the U.S., Bowery’s produce is available in almost 800 grocery stores and via e-commerce platforms serving the Tri-state and Mid-Atlantic region, including Amazon Fresh, Albertsons, Giant Food, Hungryroot, Walmart, Weis, Whole Foods Market, and specialty grocers. Based in New York City, Bowery has raised more than $172.5 million from leading investors, including Temasek and GV (formerly Google Ventures), General Catalyst, GGV Capital, First Round Capital, Henry Kravis, Jeff Wilke, and Dara Khosrowshahi, as well as some of the foremost thought leaders in food, including Tom Colicchio, José Andres, and David Barber of Blue Hill.

Organization Type

Company

Organization Size

101-250

Sectors

Food & Agriculture

Drawdown solutions

Plant-Rich Diets