Subsidiaries Controller

Posted Yesterday
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Tel Aviv, ISR
Hybrid
Mid level
Retail • Wearables
The Role
Manage accounting for company subsidiaries, including monthly close, consolidation, revenue recognition, intercompany charges, transfer pricing, accruals, leases, tax reporting, and US GAAP financial statements. Collaborate with the Corporate Controller, auditors, bookkeeping staff, and other departments. Analyze complex supplier charges, maintain accounting schedules and workpapers, support reporting, and provide ad hoc financial analysis.
Summary Generated by Built In

GlassesUSA.com, part of the Optimax Eyewear group, has rapidly grown into a leading direct-to-consumer online eyewear retailer in the U.S. With the largest selection of styles and brands, we make it easy for everyone to find their perfect pair. Our mission is to enrich lives by offering eyewear tailored to individual needs, style preferences, and budgets.

Through innovative technology and AI-driven solutions, GlassesUSA.com is reshaping the eyewear industry and delivering a seamless, personalized shopping experience. We ensure quality, affordability, and efficiency by controlling the full supply chain from product design and manufacturing to optical lens production and digital experience.

We’re looking for a Subsidiaries Controller to join our team and bring strong accounting and analytical skills to our fast-paced, high-tech environment.

Responsibilities:


  • Responsible for all Company subsidiaries, including the monthly close cycle and consolidation process.
  • Responsible for our complex revenue recognition cycle, including allocations to subsidiaries.
  • Own all subsidiaries GLs, including analytical process and reviews.
  • Ownership of IC charges, TP calculations and IC balances.
  • Maintaining IC loan schedule and WPs.
  • Maintaining ASC 842 lease schedule.
  • Analyse complex charges from the Company’s main suppliers.
  • Own the Company’s consolidation file, including IC JEs and allocations, and ensure accuracy within the relevant timetables of the reporting periods (US GAAP).
  • Manage the full accruals cycle of the Company and its subsidiaries.
  • Manage the annual IL tax reports process. 
  • Work closely with the Corporate Controller on common report preparation. 
  • Work closely with the external auditors.
  • Provide professional guidance and assistance for the bookkeeping staff.
  • Ongoing communication with other departments in the Company in order to understand the business and make sure everything is being reflected properly in the Company’s financial statements. 
  • Ad-hoc analysis.

Requirement:

  • CPA experienced in Hi-Tech groups from a Big 4 accounting firm, with a minimum of 3 years of experience - A must.
  • One year of experience in the high-tech sector – A plus.
  • Strong knowledge of US & Israeli GAAP’s - A must.
  • Expert in Microsoft Excel - A must.
  • Must be able to handle and prioritize multiple tasks.
  • Ability to work in a fast-paced work environment and meet tight deadlines.
  • Excellent English - verbal and written.
  • Hard-working and detail-oriented, with strong analytical and problem-solving skills and a high level of attention to detail.
  • Ability to maintain a high level of confidence and demonstrate a high level of maturity.
  • Experience with Priority – A plus.

Skills Required

  • CPA with experience in high-tech groups at a Big Four accounting firm and a minimum of three years of experience
  • Strong knowledge of US GAAP and Israeli GAAP
  • Expertise in Microsoft Excel
  • Ability to handle and prioritize multiple tasks
  • Ability to work in a fast-paced environment and meet tight deadlines
  • Excellent written and verbal English
  • Strong analytical and problem-solving skills with high attention to detail
  • High level of confidentiality and maturity
  • At least one year of experience in the high-tech sector
  • Experience with Priority
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The Company
HQ: Tel Aviv-Yafo
181 Employees

What We Do

Disrupting the global eyewear industry, GlassesUSA.com is the fastest growing, leading online eyewear retailer. On a mission to change the way consumers purchase eyewear, we offer high-quality prescription eyewear at affordable prices. Established in 2008 as a subsidiary of Optimax Investments, GlassesUSA.com has been recognized by Internet Retailer as a category leader and as a “Top-500 E-Retailer” six years in a row, and has been recognized Best Online Shops 2021 by Newsweek. GlassesUSA.com houses a selection of over 9,000 frames by top designer brands including Ray-Ban, Oakley, Gucci, Armani, Muse, and more. Our state-of-the-art optical labs produce millions of the highest quality lenses for all our customer’s needs, from single vision to multifocals, progressives, sunglasses, sports, kids, blue light protection, smart audio glasses and more. We also carry an extensive variety of contact lens brands. Optimax was founded by Daniel Rothman (CEO), Eldad Rothman (COO) and Roy Yamner (CTO). Alongside its primary DTC operation, GlassesUSA.com, Optimax also owns and operates United Vision Plan (UVP), a B2B platform that is disrupting the traditional vision benefit market by providing innovative online vision benefit plans with substantial savings to both employers and participants. As well as partnering with major healthcare and vision providers to enable online access to benefits for their participants. To date, GlassesUSA.com has raised $95 million in fundings, with shareholders including Viola Growth and Tene Investment Fund.

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