Controller at Magellan Jets

Quincy, Massachusetts, United States -

Full Time

Start Date

Immediate

Expiry Date

25 Aug, 26

Salary

200000.0

Posted On

27 May, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

GAAP Compliance, Financial Reporting, External Audit Management, Revenue Recognition, General Ledger Management, Cash Flow Monitoring, ERP Optimization, AI and Automation Tools, Internal Controls, Financial Statement Preparation, Variance Analysis, Budgeting and Forecasting, Salesforce, Advanced Excel, Team Leadership, Tax Filing Oversight

Industry

Airlines and Aviation

Description

ABOUT MAGELLAN JETS: Founded in 2008 and now one of the largest private aviation providers, Quincy, MA-based Magellan Jets is a premier provider of private aviation solutions, offering a comprehensive range of Jet Card ownership, On-Demand Charter, and Aircraft Sales and Management. With a focus on personalized service, Magellan Jets is dedicated to delivering customized and unparalleled flying experiences to its Private Clients worldwide. Magellan Jets and its FAA-certificated Flight Operations team lead one of the industry’s most comprehensive safety management systems and protocols providing peace of mind to the most discerning travelers. POSITION SUMMARY: The Controller will serve as a key financial leader at Magellan Jets, responsible for overseeing all aspects of accounting operations, financial reporting, and internal controls. Reporting directly to the CFO, this is a highly hands-on role requiring direct ownership of day-to-day accounting activities. This individual will operate in a lean environment and must be comfortable balancing both strategic oversight and tactical execution. The Controller will partner closely with the CFO and Senior Manager, FP&A to support financial planning and business decision-making, while ensuring the integrity and accuracy of all core accounting functions. The ideal candidate brings strong technical expertise, a process-improvement mindset, and a willingness to roll up their sleeves to support the evolving needs of the business. ESSENTIAL FUNCTIONS: Maintain active CPA licensure and apply that expertise to drive technical accounting decisions, ensure compliance with GAAP, and serve as the company’s highest-level internal accounting authority; provide definitive guidance on complex accounting judgments including revenue recognition, deferred revenue, and transaction structuring Own and direct the full monthly, quarterly, and annual close cycle — including setting the close calendar, coordinating across the accounting team, reviewing and approving all journal entries and reconciliations, and ensuring all books are closed accurately and on time in compliance with GAAP Own the integrity of the general ledger and all core accounting functions, ensuring accuracy, completeness, and auditability of all financial data Directly manage the Senior Manager, Accounting, providing day-to-day oversight, coaching, and performance management, while maintaining indirect oversight of the Staff Accountant through the Senior Manager; serve as a visible and accountable leader for the broader accounting team, with the opportunity to build and scale the function as the company grows Produce complete, GAAP-compliant financial statements each period, including the income statement, balance sheet, and statement of cash flows, with supporting schedules, variance analysis, and management commentary that clearly communicate the company’s financial position Produce and distribute monthly and quarterly reporting packages for senior leadership and the CFO, including financial statements, key performance indicators, trend analysis, and written commentary on results vs. plan; ensure packages are accurate, timely, and formatted for executive decision-making Lead the annual external audit end-to-end, serving as the primary point of contact for external auditors, coordinating all audit preparation activities, managing the PBC (Prepared by Client) list, overseeing the timely delivery of audit schedules and supporting documentation, and driving resolution of auditor findings and open items Produce the annual audit report and Financial Playbook, including audited financial statements, footnote disclosures, and an accompanying narrative that translates results for internal stakeholders; maintain and update the Financial Playbook as a living reference document covering accounting policies, close procedures, system workflows, and key financial controls Oversee complex revenue recognition, including prepaid jet card programs and on-demand charter revenue, and ensure accurate tracking and reconciliation of deferred revenue and client deposits Monitor cash flow, working capital, and liquidity to support operational and strategic needs Oversee all tax filings and regulatory reporting in coordination with external advisors Partner with the CFO and Senior Manager, FP&A on financial strategy, forecasting, and board-level reporting (CFO retains ownership of budgeting and board reporting) Collaborate cross-functionally with Operations, Sales, and leadership to support business decisions and ensure accurate financial data flow Own and optimize ERP and financial systems (e.g., Salesforce and accounting platforms), including reporting, data integrity, and automation initiatives; identify and implement process improvements to streamline workflows, reduce manual effort, and increase efficiency Champion the adoption of AI and automation tools across the finance function, evaluating, piloting, and scaling solutions that improve accuracy, reduce manual effort, and surface insights faster; stay current on emerging fintech and AI capabilities and serve as an internal resource for the team on their practical application Set the overall tone for internal controls and financial governance, ensuring robust policies, documented procedures, and a strong controls environment that supports an audit-ready organization at all times COMPETENCIES: Knowledge & Education: Bachelor’s degree in Accounting, Finance, or a related field Active CPA license required; the CPA designation is central to this role and will be applied daily across technical accounting decisions, audit management, and financial statement preparation 5+ years in a Controller, Assistant Controller, or equivalent senior accounting leadership role, with demonstrated ownership of audit, close, and financial reporting cycles 10-12+ years of progressive accounting experience Deep knowledge of GAAP and financial reporting standards Demonstrated experience leveraging technology and AI tools (e.g., AI-assisted analytics, automated reconciliation, or intelligent reporting platforms) to drive efficiency and insight within a finance or accounting function Experience in the aviation, transportation, logistics, or hospitality industry (preferred) Experience in a high-growth or private equity-backed environment (preferred) Familiarity with subscription-based or membership revenue models (preferred) Skills: Strong proficiency with ERP and financial systems (e.g., Salesforce, NetSuite, QuickBooks, Sage) and advanced Excel Demonstrated ability to independently manage and complete a full annual external audit, including PBC preparation, auditor coordination, and issuance of audited financial statements Proven ability to produce complete financial statement packages (income statement, balance sheet, cash flow statement) and management reporting packages with commentary Experience improving processes, implementing controls, and driving operational efficiency; experience with system optimization, reporting automation, and data integrity initiatives Abilities: Comfortable operating both strategically and tactically, with a hands-on approach to problem-solving and execution Strong organizational skills with the ability to manage multiple priorities — including competing close, audit, and reporting deadlines — in a fast-paced environment Ability to produce polished, executive-ready financial reporting packages and communicate financial results clearly, both in writing and verbally, across all levels of the organization Able to translate financial data into actionable insights for cross-functional stakeholders Adaptable and proactive, with a willingness to take ownership in a lean, evolving environment Comfortable embracing and integrating new technologies and AI tools into day-to-day workflows; curious about how emerging capabilities can be applied to improve the finance function and willing to lead the team through change MANAGEMENT RESPONSIBILITIES Performance Management: Conduct regular one-on-one meetings with direct reports to ensure alignment on priorities, performance, and professional development. Lead formal performance review processes, including quarterly and annual evaluations. Establish clear, measurable goals and objectives aligned with departmental and organizational priorities. Provide ongoing coaching, mentorship, and constructive feedback to support individual growth and accountability. Address performance issues in a timely and professional manner, partnering with HR and senior leadership as appropriate. Team Leadership and Oversight: Lead and scale the accounting function, currently consisting of one Staff Accountant, with the opportunity to build and expand the team as the company grows Provide day-to-day guidance, coaching, and support while remaining actively involved in execution Foster a collaborative, accountable, and high-performance team environment Talent Development and Onboarding: Participate in the recruitment, hiring, and onboarding of accounting team members, ensuring alignment with organizational needs and culture. Develop and execute structured onboarding and training plans to ensure new hires are effectively integrated and set up for success. Identify development opportunities and support ongoing training to enhance technical accounting knowledge and leadership capabilities within the team. WORK ENVIRONMENT: Location: Monday–Thursday onsite in Quincy, MA; remote on Fridays Conditions: General office environment with moderate noise levels. Occasional travel to aircraft or client locations may be required. PHYSICAL DEMANDS: Extended periods sitting at a desk or workstation. Occasional walking/ movement between work areas (e.g., meetings, restrooms, or kitchen). Repetitive Hand and Wrist Movements via frequent typing and use of a mouse. Light lifting of office supplies, documents, or equipment (up to 20 lbs). Screen Use: Prolonged use of a computer screen. POSITION TYPE AND EXPECTED HOURS OF WORK: This is a Full-Time Exempt position. TRAVEL: Limited, but may require occasional overnight travel for industry conferences, client meetings, or operational oversight at other locations. ADDITIONAL ELIGIBILITY QUALIFICATIONS: N/A AFFIRMATIVE ACTION PLAN/EQUAL EMPLOYMENT OPPORTUNITY (AAP/EEO) STATEMENT: Magellan Jets is an equal opportunity employer and is committed to diversity in its workforce. We consider all qualified applicants without regard to race, color, national origin, gender, age, disability, or veteran status, in accordance with applicable law. OTHER DUTIES: This job description is intended to convey information essential to understanding the scope of the Controller position. It is not an exhaustive list of responsibilities, duties, and skills required for the role. Magellan Jets reserves the right to amend this job description at any time to reflect business needs and operational priorities. BENEFITS: At Magellan Jets, we value the well-being of our team and are proud to provide a robust benefits package for all full-time, exempt employees. Health & Wellness Benefits: Flexible Paid Time Off Policy Parental Leave Return-to-Office Benefit 9 company paid holidays Medical Insurance (HMO or PPO) Dental and Vision coverage Health Reimbursement Arrangement (HRA) Healthcare Flexible Spending Account (HFSA) Dependent Care Flexible Spending Account (DCFSA) Rx Cost Share Assistance Program Life Insurance & Disability Benefits (100% Employer Paid) Free Employee Assistance Program (EAP) Financial & Retirement Benefits: 401(k) Retirement Plan with an employer match Fitness Reimbursement Program Pet Insurance Discount This Controller position offers a competitive annual salary of $175,000.000–$200,000.00. Final compensation is determined by experience and location, and the role is eligible for Magellan Jets’ full benefits package. OUR CORE VALUES: We believe the foundation of exceptional service begins with the best people in the business that see each interaction as an opportunity to grow a relationship. Our internal culture is felt externally by our private clients because of our alignment on our core values across the business, Lead with Safety: Deliver the uncompromising commitment to safety Care Deeply: Own everything you do and constantly improve Create Amazing: Develop, cultivate and share a prosperity mindset Please be cautious of potential recruitment fraud. If you are interested in exploring opportunities at Magellan Jets, please go directly to our Careers Page: https://magellanjets.com/careers. Magellan Jets will never ask you to pay a fee or download software as part of the interview process with our company. In addition, Magellan Jets will not ask for your personal banking information until you have signed an offer of employment and completed onboarding paperwork that is provided by our People Operations team. All communications with Magellan Jets Talent and People Operations professionals will only be sent from @magellanjets.com email addresses. Legitimate emails will never originate from gmail.com, yahoo.com, or other commercial email services.

Responsibilities

The Controller oversees all accounting operations, financial reporting, and internal controls while managing the monthly, quarterly, and annual close cycles. This role leads the external audit process and partners with the CFO to drive financial strategy and process automation.