Controller

Controller

FreshPure Waters (National Water Services, LLC)·Salt Lake City, UT·On-Site

About FreshPure Waters

FreshPure Waters (National Water Services, LLC) is a TowerBrook Capital Partners-backed company that operates bulk filtered water vending machines in major grocery retailers across the United States — including Whole Foods Market, Sprouts Farmers Market, and regional independents. FreshPure is in an active growth phase.

This is a ground-floor opportunity to build the finance function during a period of commercial expansion, ERP transition to Microsoft Dynamics 365 Business Central, and PE-sponsored value creation. The Controller will be the first dedicated accounting leader in the company and will build the function in direct partnership with the CFO, leveraging the foundation established by the existing accounting team.

The Opportunity

What You Will Own

Financial Close and Reporting

• Own the month-end close process — journal entries, accruals, prepaid amortization, depreciation, inventory adjustments, and intercompany eliminations.

• Prepare monthly financial statements (income statement, balance sheet, cash flow statement) for CFO review and board presentation.

• Maintain and enforce the chart of accounts — GL structure, coding discipline, and proper transaction classification.

• Prepare the quarterly lender package for the company's senior lender and support the CFO on covenant compliance calculations.

• Build and run the close calendar. The expectation is a consistent 5–7 business day close by the end of year one.

Inventory Accounting

• Own the inventory sub-ledger in QuickBooks (and Business Central post-migration) — bill of materials integrity, build order accounting, WIP tracking, and finished goods costing.

• Reconcile the inventory balance sheet account to the inventory valuation report every month. Investigate variances, resolve root causes, and keep the sub-ledger clean.

• Partner with Production and Purchasing to enforce inventory SOPs and ensure receiving, transfers, and build orders are processed correctly and on time.

• Own the capitalization process for installed units — ensure every unit that moves from finished goods to a retail location is properly capitalized as a fixed asset.

Audit and Compliance

• Be the primary management contact for the external audit and own the PBC process. Audit support needs to be timely, complete, and well-documented.

• Manage preparation of supporting schedules — PP&E roll-forward, lease roll-forward (ASC 842), accrued expenses detail, equity roll-forward.

• Own the internal controls framework, document key controls, maintain appropriate segregation of duties, and support ongoing enhancement of audit readiness and control effectiveness.

• Coordinate with external tax advisors on the tax provision, deferred taxes, and compliance deliverables requiring management input.

ERP Implementation — Microsoft Dynamics 365 Business Central

• Serve as the finance lead on the Business Central implementation in partnership with RSM and a dedicated ERP PM.

• Own the configuration of the BC finance module — chart of accounts, dimensions, posting groups, period close setup, and financial reporting structures.

• Own the data migration of trial balance, open AP/AR, fixed asset sub-ledger, and inventory from QuickBooks to Business Central.

• Lead the parallel close — run QuickBooks and Business Central simultaneously for at least one period before cutover to validate data integrity.

Team and Process Development

• Directly Supervise and partner with the Accounting Operations Manager — a long-tenured team member with deep institutional knowledge of FreshPure’s operations, financial processes, and systems. Leverage their operational expertise and rely on their ability to run AP, disbursements, cash management, and contractor payments.

• Build and document the month-end close checklist, internal control documentation, and accounting policy manual.

• Be a real thought partner to the CFO. Push back when something is wrong, have a view on technical accounting questions, and contribute to the broader finance agenda.

What We Are Looking For

Required