Position Summary:
The Controller position is responsible for all accounting activities within the organization. This role develops and executes strategies and standards related to accounting policy, financial reporting, general ledger maintenance, budgeting and financial systems and controls. This also includes the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk. In addition, this role enhances the accuracy of the company's reported financial results and ensures that reported results comply with generally accepted accounting principles and financial reporting standards.
Essential Functions:
The list of duties and responsibilities is not all inclusive and may be expanded to include other duties and responsibilities, as management may deem necessary from time to time.
Ensure profitability, maintain and enhance business relations:
- Provides leadership and coordination of the company’s financial planning, cash management, risk management and budget management functions.
- Develop tools and systems to provide critical financial and operational information to make actionable recommendations on both strategy and operations by applying LEAN Accounting concepts.
- Develop an annual forecast based on the business’ strategic goals and objectives developed collectively by the management team.
- Ensure the company’s accounting and financial procedures conform to generally accepted accounting principles.
- Serves as LEAN leader to continually find ways to streamline processes throughout the organization and reduce costs.
- Effectively manages both internal and external resources to complete accurate and timely monthly financial statements, cash management, banking relations and financial analysis.
- Monitors company assets and oversees management of inventory levels.
- Provides analysis of financial projects, pricing decisions, and contract negotiations as directed.
- Proposes and develops financial policies and procedures for implementation.
- Partners with owner, HR and benefits broker to review benefit plans and business insurance needs
- Reviews departmental financial statements with administrators, provides assistance, and presents information at meetings as requested. Monitors departmental budgetary performance and internal controls.
- Directs and coordinates debt financing and debt service payments with external agencies.
- Supervises the analysis of costs and makes pricing recommendations to ensure appropriate income/cash flow.
- Reviews billing/collection patterns and makes corrective recommendations.
- Reviews all third-party contracts and monitors contract revenues.
- Reviews departmental performance and ensures compliance with fiscal government reporting requirements, including tax reports and filings.
- Audits internal controls.
- Serves on the management team and is expected to attend all company functions.
- Has excellent attendance, is punctual and possess a positive attitude.
- All other duties as assigned.
Develop employees:
- Partners with HR to recruit and retain new talent.
- Develop and mentor others, providing leadership and direction to build collaborative relationships
- Assess and develop existing employees to expand their knowledge, skills and abilities.
- Performs annual reviews on direct reports, and partners with HR to coach and mentor staff on employee development and employee relations issues.
- Partners with management team for budget accountability.
- Acts as a safety leader and puts safety first in all responsibilities; works with Safety Manager & HR to develop, train, and enforce health and safety policies and procedures.
- Supports and enforces all company policies and procedures.
Qualification Requirements:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
- Bachelor's degree in accounting or business administration, or equivalent business experience.
- Preference will be given to candidates with the Master of Business Administration, Certified Public Accountant or Certified Management Accountant designations.
- Have a minimum of seven years of fiscal management experience in a manufacturing or industrial environment.
- Must gain solid working knowledge with Single Source Accounting/Syteline ERP Systems, and Microsoft Office products is a must; experience with Microsoft Dynamics CRM is preferred.
- Ability to lead and motivate people to work together as a team to meet and/or exceed company goals.
- Possess effective problem-solving skills and can resolve employee relation issues.
- Demonstrate solid organizational skills with the ability to multi-task and is a self-starter.
- Ability to effectively communicate, both in writing and verbally, with people of various educational and technical backgrounds, both inside and outside the company.
Physical Demands:
- Individual will be regularly required to speak and listen.
- Individual will be required to frequently stand; walk; use hands to finger, handle or feel; and reach with hands and arms and requires the ability to occasionally lift office products and supplies up to 40 pounds.
- Must wear and use proper PPE at all times when in the shop/warehouse area.