Controller

Reposted 18 Days Ago
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Scottsdale, AZ
In-Office
Senior level
Fitness • Healthtech
The Role
The Controller oversees the finance department, ensuring effective operations through financial reporting, budget management, and adherence to GAAP principles.
Summary Generated by Built In

ABOUT 10X HEALTH SYSTEM
10X Health System is a pioneering company at the forefront of the health and wellness industry, dedicated to revolutionizing the way individuals approach their personal health and well-being. With a philosophy rooted in the principle that optimal health is the foundation for a life lived to the fullest, 10X Health provides cutting-edge solutions and personalized health plans designed to empower individuals to achieve and maintain peak physical and mental performance.

The company's comprehensive approach to health combines the latest advances in medical science, nutrition, fitness, and technology to offer a suite of services that include state-of-the-art diagnostic testing, individualized treatment protocols, and ongoing support from a team of world-class health professionals. 10X Health's commitment to innovation and results has established it as a leader in the health optimization space, catering to those who strive to push the boundaries of what is possible in their health journey.
POSITION SUMMARY
The Controller is a senior management role that oversees all operations of the organization’s finance and accounting department to ensure the business is operating effectively and efficiently. This includes the production of periodic financial reports, maintenance of an adequate system of accounting records, and management of a comprehensive set of controls, budgets, and forecasting designed to mitigate risk, enhance the accuracy of the company’s reported financial results, and ensure that reported results comply with generally accepted accounting principles (GAAP).

OBJECTIVES
  • Develop and enforce a documented system of accounting policies and procedures
  • Monitor the operations of the accounting department, including the design of an organizational structure adequate for achieving the department’s goals and objectives
  • Update job knowledge by remaining aware of new state and federal regulations, participating in educational opportunities, and reading professional publications
  • Ensure that all accounts payable are paid timely and all reasonable discounts are taken on invoices
  • Ensure that accounts receivable are collected promptly
  • Manage cash flow
  • Process payroll in a timely manner
  • Ensure that monthly bank and credit card reconciliations are completed
  • Ensure that required debt payments (company credit cards, loans, or lines of credit) are paid on a timely basis
  • Maintain the company’s chart of accounts
  • Develop and maintain an orderly accounting filing system (paper or digital)
  • Maintain a system of controls over accounting transactions
  • Manage the production of the annual budget and forecasts
  • Calculate variances from the budget and report significant issues to management
  • Calculate and issue financial and operating metrics
  • Provide financial analysis as needed, in particular for capital investments, pricing decisions, and contract negotiations
  • Coordinate the preparation and compilation of year-end reporting, financial statements, and reconciliations for a certified public accountant (CPA) firm, for tax-return preparation
  • Reconcile all balance-sheet accounts on a monthly basis
  • Manage the company's audit (if applicable) and tax preparation by coordinating with external professionals as necessary
COMPETENCIES
  • Proficiency with word processing and spreadsheets
  • Solid GAAP and financial-reporting, technical skills
  • Proficiency with QuickBooks
  • Working knowledge of taxation and corporate structures
  • Cash planning
  • Promotion of process improvement
  • Process development
  • Forecasting
  • Budget development
  • Tracking budget expenses
  • Auditing, accounting, and corporate financing
  • Solid analysis skills
EDUCATION & EXPERIENCE
  • Bachelors degree in Accounting or Business Administration required.
  • Ten years or more of related experience required.
  • Certified Public Accountant or Certified Management Accountant designation preferred.
  • Experience taking a company public.
PHYSICAL REQUIREMENTS
  • Prolonged periods of sitting at a desk
  • Must be able to lift up to 15 pounds at times.
COMMITMENT TO DIVERSITY
As an equal opportunity employer committed to meeting the needs of a multigenerational and multicultural workforce, 10X Health System recognizes that a diverse staff, reflective of our community, is an integral and welcome part of a successful and ethical business. We hire local talent at all levels regardless of race, color, religion, age, national origin, gender, gender identity, sexual orientation, or disability, and actively foster inclusion in all forms both within our company and across interactions with clients, candidates, and partners. If you require any accommodations during the application process or have any questions, please contact [email protected].
NO SOLICITATION POLICY
10X Health does not accept unsolicited resumes, calls, or communications from staffing agencies or third-party recruiters. Any such submissions will be considered the sole property of 10X Health and will not obligate the company to pay any fees. Please refrain from contacting us regarding this posting.
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The Company
HQ: Aventura, FL
23 Employees
Year Founded: 2021

What We Do

10X Health System is revolutionizing healthcare by developing custom solutions through alternative health technology that optimizes well-being, energy and clarity. Our solutions include bio-identical hormone replacement therapy, IV nutrient therapy, medical weight loss, nutraceutical imbalance therapy, and GH-releasing hormones.

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