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Krispy Kreme Doughnuts, Inc. Message Board

  • corp1ceo corp1ceo Jun 14, 2005 4:19 PM Flag

    KKD job opp as VP

    GEEZ, THAT PERSON JUMPED SHIP TOO?

    http://www.krispykreme.com/kkresumes/VPCorpController.aspx

    Position Title: Vice President Corporate Controller
    Location: Winston-Salem, NC
    Department: Finance


    SUMMARY OF POSITION

    � Monitor on an on-going basis emerging accounting issues and their potential impact on the Company
    � Research pertinent accounting issues to determine proper application to the Company
    � Review and approve all monthly Financial Statements, both internal and external, to ensure that the company is in
    compliance with all regulatory requirements and that all reporting is accurate
    � Complete assigned month-end journal entries and other closing procedures
    � Review assigned reconciliations in compliance with Sarbanes-Oxley
    � Review and monitor specific assigned general ledger balances monthly to ensure that the reporting is proper and accurate
    � Coordinate with Planning & Analysis to accurately forecast and budget consolidated financial results
    � Engage in continuous review and implementation of internal control procedures to ensure compliance
    with Sarbanes-Oxley
    � Set policies and procedures to be followed within the Finance Department and by operating business units
    � Facilitate communication flow between senior management and the Finance Department staff
    � Facilitate coordination of all Finance related functions within the company including Planning & Analysis, Operations
    Accounting, Risk Management and Investor Relations
    � Lead and supervise the work of employees within the Finance Department
    � Develop a positive, effective working relationship with direct reports
    � Continuously analyze department organization and individual responsibilities to ensure adequate resources, appropriate
    delegation of responsibilities, efficient operations and opportunities for growth and advancement
    � Participate in other miscellaneous projects, as needed

    POSITION QUALIFICATIONS
    REQUIRED/PREFERED

    � 4 year Accounting degree required
    � CPA required
    � Minimum of 10 years related work experience
    � Public accounting experience preferred
    � Excellent supervisory skills
    � Self-starter
    � Ability to work independently
    � Excellent communication skills
    � Strong analytical and problem-solving skills
    � Strong organization skills




    Posted: May 31, 2005

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The delays and acting as though it is a going concern may have something to do with shopping the company around to be bought. If you are trying to sell this thing and you are in Coopers shoes, you may just want to keep quiet about everything as long as you can. This buys time to see if you can get a sucker to bite. There is one born every minute and Cooper may just be on the hunt to sell the company.

      Anyone willing to pay 700 + million will not look to buy this flee infested dog. Any amout of Due diligence would put the potential liabilities plus the cost of debt and equity close to 1 billion. All this for a company that is losing money on the bottom line and has significant sales declines year on year on the top line, in additon it has virtually zero real estate and lots of competition and zero IP. What is there here but a donut hole...

    • No doubt that pooper scooper will be

      "Shocked. SHOCKED!"

      when he pulls the plug.

    • If something drastic like bankruptcy is imminent, Kooper won't have the time to hire an outsider and wait for the new kid to get up to speed; instead, he will have to draft the best of the bunch left at the bottom of the in-house barrel for the job.

      Now that we know Kooper has taken the first course, it stands to reason (!) that he is planning nothing drastic IMMEDIATELY.

    • Thanks. Anytime you need a simple lead question, just ask.

    • That hasn't changed since Mid $40's per share.. Hey, when your trusted insiders are hedged short betting on their own failure through off shore hedge funds--YOU SHOUD'VE KNOWN AFTER MY WARNINGS THAT KKD WAS COOKED--Literally.. KKD posts a loss--imagine that--I wonder how much $$$ hedge funds (care of insiders) will make on this dive !!

    • I bet that job pays well. Even though it will only be a short term position.

    • They forgot one more qualification:
      - Patsy.

 
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