Bowery Farming

Vp, Corporate Controller

3+ months agoNew York, NY
Founded in 2015, Bowery Farming is on a mission to democratize access to high-quality, local, safe and sustainable produce. Bowery builds smart indoor farms near cities, growing fresher, pesticide-free Protected Produce with bold flavor in precisely controlled environments, 365 days a year. At the heart of each farm is the proprietary BoweryOS, which integrates software, hardware, sensors, AI, computer vision systems, machine learning models and robotics to orchestrate and automate the entirety of its operations. As a result, each farm creates far less waste and uses a fraction of the water and land compared to traditional agriculture.

About the Role: 
We are seeking an experienced Corporate Controller to support the rapid growth of our business. Reporting directly to the CFO, the Corporate Controller will be responsible for implementation and oversight of all of the accounting operations including the production of periodic financial reports and the implementation of best-in-class financial reporting processes designed to enhance the accuracy of our financial results. Leading a small but mighty team, this hire will ensure that reported results comply with generally accepted accounting principles and PCAOB standards. The position is also responsible for the oversight of cash management, payroll, and tax reporting/filings across the various jurisdictions in which we operate.

The Controller will work hand-in-hand with the FP&A team in the development of budgets and in the periodic reporting of results to stakeholders, both internally and externally.  This leader will also work very closely with the technology team in the design and implementation of systems that increase speed, accuracy, and efficiency in the measurement of business results.

What You'll Do:

  • Lead and manage all aspects of accounting management and the accounting team, including AP, AR, Inventory and Fixed Asset tracking
  • Manage the monthly (and year-end) closing process and seek continuous improvement in the speed and accuracy of reporting
  • Preparation of financial statements in compliance with GAAP guidelines and CPG practices
  • Establish and implement accounting policies in accordance with GAAP best practices
  • Manage the annual audit process in compliance with PCAOB accounting standards
  • Manage a regular cadence of financial reporting to other members of senior management, the board, and lenders that provide the greatest transparency into the results of the business
  • Formulate internal controls and policies to comply with established best practices, at both corporate and farm level, with the goal of achieving the highest level SOX 404 compliance
  • Work with the supply chain team and continue to upgrade the comprehensive ordering, approvals and inventory management system
  • Work with the technology team and the Director of Financial Systems to ensure completion and full integration of our ERP system
  • Manage all aspects of tax reporting, planning and compliance
  • Manage the payroll function for a rapidly growing and geographically dispersed enterprise
  • Be an invaluable partner to the CFO and the leadership team in helping to manage the liquidity and capital efficiency of the company
  • Be a key member of the strategic leadership of the finance function at Bowery, including helping to chart a path to best-in-class financial management and development of tools & reports that highlight the tremendous value being created
  • Recruit, lead and inspire our accounting function and people through this period of very high growth

Who You Are:

  • You have relevant years of Accounting experience working in a CPG, Technology, Food or Manufacturing environment. Significant experience managing an accounting function at the Corporate Controller or Plant Controller level 
  • A results-oriented leader who identifies issues/challenges and drives aggressively to resolve them to the benefit of the enterprise
  • You have established expertise in GAAP and its application in asset-intensive and technology businesses
  • You have excellent knowledge of accounting and financial processes (budgeting, financial closing, reporting, etc.)
  • You have a strong understanding of data analysis and forecasting
  • You are well-organized with the ability to prioritize work
  • You have a collegial attitude, with a proven ability to work both independently and with cross-functional teams
  • You are a creative problem solver who is enthusiastic about charting a new course for efficiency in financial management 
  • Professional certification (e.g. CPA) is a plus, as are a working knowledge of IFRS and Controller experience at a publicly-traded company

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!

Based in New York City, Bowery is the largest vertical farming company in the United States, serving major e-commerce platforms and more than 850 grocery stores in the Northeast and Mid-Atlantic regions, including Albertsons Companies (Safeway and Acme), Amazon Fresh, Giant Food, Walmart, Weis, Whole Foods Market, and specialty grocers, with produce that's harvested year-round at peak freshness, delivered within days of harvest. Bowery has raised $472 million from leading investors, including Fidelity Management & Research Company LLC, Temasek, GV (formerly Google Ventures), General Catalyst, GGV Capital, First Round Capital, and individuals including Henry Kravis, Jeff Wilke, as well as some of the foremost thought leaders in food, including Tom Colicchio, José Andrés and David Barber of Blue Hill. For more information on Bowery and its products, please visit www.BoweryFarming.comPress kit:

We celebrate unique backgrounds, qualities, and cultures that enrich the workplace. Join us in creating an inclusive work environment that is free of bias and discrimination, where everyone can be their authentic self.  We strongly encourage people from all walks of life and underrepresented backgrounds to apply and join the Bowery Farming team. We are an equal opportunity employer.
Job ID: 137ea22f-c8d5-4ca5-86dc-017c47624520