The Controller is a member of the senior management team and manages the Company’s financial functions including accounting, financial planning, analysis and control; budgeting; credit administration; tax planning and payroll.
Primary Duties and Responsibilities
- Advises senior management on all financial related issues as they arise; provides strategic recommendations based on financial analysis and projections, cost identification and allocation, and revenue/expense analysis.
- Participates in the strategic management process as an integral member of the senior management team.
- Directs the preparation of financial statements, business activity reports, financial position forecasts, annual budgets, and reports required by financial regulatory agencies and banks.
- Performs financial analyses and advises management on short-term and long-term financial objectives, policies and actions and provides analyses of financial results.
- Analyzes the effectiveness of financial performance and recommends changes to meet the company’s goals. Directs the annual operating and capital budgeting processes.
- Explains financial plans, analyses, and results for managers and financial service providers.
- Provides financial information to support operational requirements.
- Responsible for cash flow management including projections, tracking and analysis.
- Maintains relationships with commercial bankers and monitors adherence to all required covenants. Negotiates favorable terms and requirements for working capital lines of credit and other debt instruments.
- Develops and maintains systems of internal controls to safeguard financial assets of the organization.
- Coordinates annual financial statement review with external accounting firm and directs internal audit activities.
- Directs the preparation and filing of all relevant tax returns and performs tax planning and compliance activities.
- Directs and supervises the work of departmental personnel; interviews and recommends candidates; evaluates, orients, counsels, and trains subordinate personnel. Evaluates the performance of the department in accomplishing objectives, and initiates corrective action to resolve undesirable variances in performance. Recommends associated personnel action for approval.
- Defines annual departmental objectives and develops operating plans to achieve them.
A Bachelor's degree in Accounting is required, CPA a plus.
- Five years of experience as a Controller or Accounting Manager.
- Experience with inventory accounting and controls is preferred.