Controller

Job Summary:

Direct the accounting and finance team for a global business including trade receivables, trade payables, cost accounting general ledger, treasury management, and information technology. Working with the FP&A manager, complete the month-end and year-end reporting packages.

Duties and Responsibilities:

Domestic General Accounting

• Oversee the Domestic Accounting Manager who manages a team of 7 including accounts receivable, accounts payable, cost accounting and all general ledger activity.
• Ensure US balance sheet is properly stated, and all balance sheet accounts are reconciled.
• Perform variation analysis on the P&L
• Oversee cost accounting for costing of the products, LIFO, R&D tax credit, product development projections, inventory control, and reporting COGS results during the month-end close process
• Ensure cost accounting practices are following and all products and inventory are properly costed
• Work with the cost accounting team to develop best practices for costing.

International General Accounting

• Oversee the International Accounting Manager who manages a team of 5
• Oversee the accounting for all foreign subsidiaries including but not limited to: local GAAP compliance, US GAAP compliance, transactional completeness, proper cut-off and inventory oversight.
• Manage all reporting of foreign entities including monthly and quarterly financial analysis
• Working with the International Accounting Manger ensure all vendors and inter-company invoices are processed timely
• Monitor subsidiary cash positions and past due trade receivables
• Review the balance sheet and income statement of each foreign entity to ensure accounts are properly reconciled
• Manage all corporate documents relating to the foreign entities
• Oversee audits that occur at the foreign subsidiaries
• Monitor and implement Income, Franchise, and VAT tax changes
• Manage various reporting, including but not limited to, other requested reports, industry analyses, audit reporting, tax reporting, ROI analyses, etc.
• Review transfer pricing on an annual basis

Financial Reporting

• Monitor and implement GAAP and IFRS reporting requirements and changes
• Complete contribution margin analysis for the foreign subsidiaries
• Complete Cost of goods sold and gross margin consolidated bridge reports
• Close the books in a timely manner (target is 5 business days) ensuring all balance sheet accounts are properly stated, and P&L variation analysis is completed
• Update each subsidiary reporting package on a month basis

Information Technology

• Manage the IT requirement for the finance / accounting group including being the lead on all annual updates and major IT initiatives
• Monitor and assist in maintaining the General ledger and Standard Chart of Accounts

Banking & Insurance

• Manage banking relationships and all on-line controls of banking software
• Approve wire and ACH payments
• Oversee cash management for the global business including hedging transactions
• Help manage excess cash investments
• Oversee general insurance renewal and placement of proper insurance coverage to protect company's financial interests

Other Attributes

• Sundry due diligence assistance acquisitions, and financing transactions
• Continual development of reporting/system efficiencies and standardizations which reduce time requirements and increase quality of reporting, report preparation, reviewing and analyzing the company
• Continual development of process improvements, use of technology to create efficiencies, streamlined processes, and removal of paper and costs from current environment to improve customer service
• Maintain appropriate internal controls to properly safeguard company's assets, products, and customers

Staff Supervision

• Assign and review work, as well as provide guidance when needed
• Recommend salary increases/reclassifications, approve hires, promotions, terminations, and/or administer discipline within span of authority
• Interview prospective associates and assist with training of new associates in corporate accounting, accounts payable, accounts receivable, etc.

Qualifications:

• Bachelor's degree in Business/Accounting and 10+ years or more of experience with 5 years supervisory experience
• CPA required
• Knowledge of MS-D365, Windows, Excel, Word, Outlook, and familiarity with GAAP and IFRS reporting rules
• Knowledge of Company and Industry operations for analytical and review work, including knowledge of accessing internet files for industry information

Physical Requirements:

• Must be able to use a computer for extended periods of time for up to 8-10 hours per day
• Must be able to occasionally lift up to 20 pounds