Controller – Manufacturing

Compensation: 100000.

-110000. / Annually

Our client, a global manufacturer of precision sheet-metal products, has an immediate need for an experienced Controller
, to join our winning team in Buffalo.

Our candidate of choice will be responsible for the overall coordination of corporate financial planning activities. Division including: the annual budget process, forecasting and internal reporting to Senior Management. You will also have responsibilities for review/approval of general accounting for your team. The Company uses a shared Business System for Accounting. This position will be required to coordinate with the international finance teams to ensure proper accounting and reconciliations are performed.

KEY RESPONSIBILITIES:

• Maintain a documented system of accounting policies and procedures.
• Create an environment of controls to ensure the safeguarding of company assets, including, but not limited to cash, inventory, fixed assets, and investments.
• Understand the relationship of computer and process-driven systems, ensuring controls are in place.
• Consistently analyze financial data and present financial reports in an accurate and timely manner; communicate monthly, quarterly, and annual financial statements; monitor progress and changes and keep Group Leadership informed of the financial condition of Division.
• Perform month-end closing process, recording journal entries and preparing monthly financial statements.
• Review, analyze, and reconcile all balance sheet accounts and sub-ledgers on a timely basis. Ensuring accuracy and completeness.
• Maintain fixed asset ledger and generate depreciation entries.
• Prepare all supporting documents and requests for the completion of tax returns and owner distributions as required by an external CPA firm.
• Create cost accounting reports related to machine and spare parts pricing.
• Assist company leadership in the annual budgeting and planning process; administer and review all financial plans and compare to actual results to identify, explain, and correct variances as appropriate.
• Prepare reports to analyze vendor activity, salary, and benefits as part of the annual budget and forecasting.
• Conduct an inventory analysis, such as turnover, lead time, and profit margins for planning.
• Ensure timely processing of customer billing, an active collection of open accounts, recording and paying vendor debts.
• Monitor cash and manage payables to enhance cash flow and vendor relationships.
• Work with executive and sales staff to determine credit worthiness of potential and current customers.
• Perform analysis/review for reasonableness and accuracy to provide information to the Senior Management Team consisting of backlog, bookings, commissions, open purchase orders, and key performance indicators specific to the industry.
• Fiduciary responsibilities as it pertains to the company 401(K) and Pension Plans maintaining compliance with ERISA.
• Certification and filing annual 5500s.
• Continually strive to improve business processes by reviewing computer systems to evaluate current and potential functionality.
• Work with insurance broker/agent to determine acceptable coverage in all areas of insurance, not limited to property and casualty, umbrella, officer, etc.
• Provide leadership in strengthening internal communications, creating, and promoting a positive and supportive work environment with associates of all levels in the company.
• Coordinate all audit activity with banking and financial consultants.
• Comply with federal, state, and local legal requirements by filing financial reports and advising management on needed actions.
• Work with outside attorneys and consultants as needed.

KEY REQUIREMENTS:

• Four (4) year Bachelor degree in Accounting, Finance or related field.
• Minimum of ten (10) years of account experience, three (3) years must be in a supervisory capacity.
  • Strong knowledge of Generally Accepted Accounting Principles, federal and state financial regulations.
• Experience in general ledger analysis, cost accounting and financial reporting.
• Experience in month-end closing process, including the sales and A/P payment cycle.
• Ability to also meet audit, managerial, operational (budget variance) and governance reporting requirements.
• Demonstrated computer skills (Microsoft office, Word, e-mail, internal network with emphasis on Excel).
• High level of proficiency using ERP-LN, SAP or similar products.
• Experience in a manufacturing company with knowledge of standard costing practices and inventory management, a plus.
• Significant financial / accounting experience focusing on analytical activities (financial analysis, planning etc.)
• Must be able to lift up to 20 lbs. on occasion.
• Work environment is a regular office setting with occasional exposure to a manufacturing setting.
• Excellent communication, presentation and inter-personal skills.
• Strong sense of ethics, attention to detail, and ability to raise issues / concerns in a professional manner, working through difficult topics across functions.
• Ability to prioritize and manage time…