Company: Bassett Furniture Industries Incorporated
Posted on: June 12, 2021
FLSA Status: Exempt
Bassett Furniture Industries, Inc. is a vertically integrated
furniture manufacturer and retailer with consolidated sales in
excess of $450 million. The Company manufactures approximately 75%
of its products through three domestic upholstery locations and two
domestic wood locations. The remainder is sourced globally from
various providers. Products are sold through its 63 Corporate-owned
and 34 Licensee-owned branded retail stores as well as on its
ecommerce website. It also sells to traditional multi-line
furniture retailers. The Company is publicly held with shares
traded on the NASDAQ under the ticker symbol BSET. Bassett also
owns Zenith Freightlines, LLC which provides over the road trucking
and warehousing primarily to the furniture industry.
The Retail Controller reports to the Senior Vice President and
Chief Financial and Administrative Officer. Reporting to the Retail
Controller are three Senior Accountants that are each responsible
for the financial statements of approximately 20 individual stores.
There are also three clerical positions that primarily process
accounts payable transactions for the store network and reconcile
the various cash transactions. This position is also expected to
liaise with the Corporate Retail store management to provide ad hoc
reporting and ideas for operating improvements. Other specific
- Timely preparation of monthly, quarterly and annual financial
statements for the consolidated retail organization.
- Managing the external and internal auditors to ensure timely
and efficient audits.
- Preparation of the annual operating and capital budget, working
closely with Corporate Retail store management on the various
assumptions underlying the budget.
- Monitoring internal controls to maintain compliance with
Sarbanes Oxley standards.
Position and Experience Qualifications
- BS Degree in Accounting or Business; CPA preferred.
- Minimum of 5 years of experience in an accounting or financial
- Previous supervisory experience is important but not
- Strong excel skills are a must.
Exposure to retail accounting systems, particularly Storis, a
furniture specific retail accounting package, is preferred.
Bassett Furniture Industries is an equal opportunity and
affirmative action employer and does not discriminate against any
applicant for employment because of race, color, religion, sex,
national origin, disability, age, veteran status or other protected
category. Bassett is dedicated to ensuring that qualified
applicants are employed and that employees are treated consistently
during employment, without regard to their race, color, religion,
sex, national origin, disability, age, veteran status or other
Keywords: Bassett Furniture Industries Incorporated, Greensboro , Retail Controller, Other , Greensboro, North Carolina
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