Controller

Spindrift

Spindrift

Accounting & Finance
Middlesex County, MA, USA
Posted on Apr 2, 2025

At Spindrift, we’re making every beverage a positive force of nature. Founded in 2010, we believe the best flavors come directly from nature. That’s why every Spindrift beverage is made the hard way—with real squeezed fruit, never from concentrate. From sourcing the best-tasting fruit globally to maintaining a carefully honed manufacturing process, we believe in doing things the hard way, the intentional way, the better albeit more challenging way, the right way – because, in the end, it's worth it. Spindrift® sparkling water is available nationwide, while Spindrift Soda and Spindrift Spiked® hard seltzer are available in select markets. We are also a proud member of 1% for the Planet, donating to environmental causes. Spindrift is headquartered in Newton, MA.

We are looking for a Controller who is excited about joining a challenger brand and prefers operating in a dynamic, fast-paced, and high-performing environment. As we currently manage this next phase of organizational growth, the Controller will be expected to foresee and evolve the required responsibilities and standards for the entire accounting function. This will entail creating the roadmap and leading the way for the team to achieve all of their objectives in current state, and at scale. Successful candidates will be those who have proven their ability to grow and develop in pace with a rapidly growing company, or those with demonstrated potential who are poised to do so at their next opportunity.

The Controller position will be accountable for the accounting operations of the company, which includes the production of financial statements, forecasting and management of working capital, design and oversight of an adequate system of accounting records, a comprehensive set of controls designed to mitigate risk, enhancing the accuracy of the company's reported financial results, and ensuring that reported results comply with generally accepted accounting principles.

Principal Accountabilities:

Organization Management

  • Manage and develop a team of accounting professionals that thrives and succeeds on the challenges and complexities of a fast-growing Consumer Packaged Goods business
  • Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's long term goals and objectives
  • Influence change across the organization to support an ever increasing level of complexity in business operations
  • Identify and manage third party relationships to continuously deliver incremental business value; includes auditors, banks, tax preparation firms, insurance brokers, and other professional service providers

Process Management

  • Champion a culture of continuous process improvement
  • Develop and maintain a sophisticated set of accruals covering all expense categories
  • Maintain an orderly accounting records system
  • Devise and maintain a system of controls and policies covering all accounting transactions

Reporting

  • Issue timely, accurate, and complete financial statements
  • Recommend benchmarks against which to measure the performance of company operations
  • Calculate and issue regular cash forecasts and working capital metrics
  • Maintain the foundational design that supports a robust system of management reporting
  • Evaluate the effectiveness of accounting software and associated systems, continuously improving efficiency

Compliance

  • Coordinate the annual audit process; expect minimal audit findings
  • Monitor debt levels and ensure compliance with debt covenants
  • Comply with all local, state, and federal government reporting requirements and tax filings

Desired Qualifications: The controller candidate should have a Bachelor's degree in accounting or business administration, or equivalent business experience and 10+ years of progressively responsible experience. Preference will be given to candidates that possess the following:

  • Prior service as Controller for a period of at least 3 years
  • Prior experience working for a Private Equity backed organization
  • Certified Public Accountant or Certified Management Accountant designations
  • Experience in the Consumer Packaged Goods industry
  • Experience working with Netsuite

Working Conditions: Primarily in an open office environment 4 days a week. Periodic weekend or evening work is expected.

Supervises: All accounting staff including Tax and Treasury, 12 people in 2025.

In addition to the salary range for this position ($220,000 - $245,000), Spindrift offers the following compensation and benefits:

  • Short-term and long-term incentive programs specific to level and department.
  • Medical, dental and vision insurance, with a current employer contribution rate of 80% towards monthly premiums, regardless of plan type selected.
  • Company-paid life insurance and a 401k retirement savings plan.
  • Monthly cell phone allowance.
  • Annual allowances for personal use of Spindrift product, health and wellness, professional development and social justice education.
  • A host of voluntary benefits including but not limited to additional life insurance, short-term disability and long-term disability insurance, pet insurance, commuter benefits, etc.
  • In addition to any paid leave benefits required by regulation, the company provides paid parental leave, vacation, sick, personal, bereavement, community service, and holiday time.