Company Name:
Bradsby Group
Working with a oil and gas services company in Rockwall, TX looking for an Controller. Rockwall is located outside of the Dallas metroplex northeast. Position is paying to $110,000 plus about a 30% bonus.
Company completed recent recapitalization with Turnbridge, no debt and company is very much growing. Growth is expected to continue even faster than before. A lot of that growth is international.
Current Revenues - $20M
Complex organization - the revenue is domestic US and the rest is international.
They don't have much foreign currency issues, but more just international transactions; a lot of customers all over the world
The do not need "oil services" industry experience. Helpful, but definitely not required
New locations will be opened up; they will look at acquisitions for continued growth.
Light Travel

Very good "nuts & bolts" controller with solid GAAP financial statement reporting, strong grasp of putting together consolidated financials.
There are 2 entities on their own financial statements (primarily b/c of different tax jurisdictions) and they need to be consolidated into one report
Understanding how to go through a financial audit; work with the tax accountants and the tax reporting/ partnership return requirements (Not to prepare, but to provide the necessary information to the preparers)
Moving forward, they need someone who can help with internal controls and establish policies/ procedures
Transitioning to Discover Solutions ERP system now. Process is about 75% implemented and this Controller will be overseeing the final 25% completion of the process.
Great profile would be manufacturing/ rental equipment type industry experience

Structure - CFO, accounting clerk (AP/ AR/ Etc.) Financial Analyst (handles managerial accounting, payroll, accruals are made, daily maintenance of accounting)

Timing / Process - "sooner rather than later" - can set up interviews in Dallas or Rockwall depending on logistics/ where candidate is at during the day, etc.

Noteworthy - This company is a bit insulated from the drop in oil prices - they are 90% offshore. Longer-term projects typically requiring a lower price of oil to be profitable. They are not just "turned off/ turned on" as land-based projects are. The nature of the product is a "risk mitigation/ cost reduction" product, so in a tight budget environment this will be helpful with preventing cost overruns, etc.
They have a very smart and experienced PE firm who has invested in and is behind them.

Don't Be Fooled

The fraudster will send a check to the victim who has accepted a job. The check can be for multiple reasons such as signing bonus, supplies, etc. The victim will be instructed to deposit the check and use the money for any of these reasons and then instructed to send the remaining funds to the fraudster. The check will bounce and the victim is left responsible.