Divisional Controller
Posted on :
27-09-2023
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Job Description
Seeking a Divisional Controller for a leading global provider of engineered solutions for the industrial and government industry.
The ideal candidate has prior experience working in an accounting role for a manufacturing company. You are an analytical, detail-oriented, and independent thinker. Must be able to assess project status quickly and take appropriate action to control expenditures, adhere to budgets, maintain a positive cash flow and achieve desired gross margins.
What you will do:
Hands-on accounting professional responsible for the accurate approval, processing and reporting of all financial transactions carried out by this Division using project based accounting methodologies. Duties will include cash flow and accounts receivable management, budget development and oversight, approval of project based expenditures, oversight of accounts payable activities, generation of weekly/monthly/quarterly/ annual financial reports for management.
- Create and implement financial controls, procedures and reporting requirements.
- Continuously work with Project Management and Project Execution team to establish and track project budgets, manage project cash flow, track project schedules and ensure compliance with established commercial terms and conditions.
- Generate and submit all invoices to customers on time and track until payment is received.
- Establish procedures and make recommendations for optimizing client billing and ensuring maintenance of a positive cash flow at the Divisional level.
- Oversee accounts payable activities and ensure accurate and timely processing.
- Ensure all project-based expenditures are processed in accordance with established procedures and project budgets and schedules.
- Monitor project task completion as well as purchasing and material control activities to ensure accurate completion according to schedule and budget.
- Make certain the services of all project subcontractors, fabricators and vendors are retained in accordance with project budgets and schedule requirements and in compliance with all Company and customer operating guidelines, protocols and contractual requirements.
- Prepare applicable weekly/monthly/quarterly/ annual reports for management on key.
- Divisional and project-based criteria such as P&L, cash flow, performance against budgets and sales forecasts as well as accounts payable and accounts receivable aging.
- Work with sales team pre-sale to fully understand project scope and approve pricing and budget.
- Effectively communicate with Sales and Project Management regarding contract documents, commercial terms and conditions, change orders and contract modifications.
- Work on related special projects for Chief Operating Officer as applicable.
Requirements
- Degree in Finance, Accounting or other related discipline. MBA, or equivalent advanced Degree a plus.
- Minimum five (5) years of experience in an accounting role for a manufacturing company with at least three (3) years of project accounting experience
- Proficiency in the use of an ERP or MRP system (MS AX preferred)
- Skilled in MS Office Suite. MS Project a plus.
- Thorough knowledge of standard contract terms and conditions
- Prior experience in a QA controlled design environment. (ISO 9000, NQA-1, or similar)
- Prior experience working for a Government subcontractor a plus.
- Ability to travel domestically and internationally.
Benefits
- Health Insurance
- Dental Insurance
- Retirement 401k
- PTO
- Vacation
Degree in Finance, Accounting or other related discipline. MBA, or equivalent advanced Degree a plus. Minimum five (5) years of experience in an accounting role for a manufacturing company with at least three (3) years of project accounting experience Proficiency in the use of an ERP or MRP system (MS AX preferred) Skilled in MS Office Suite. MS Project a plus. Thorough knowledge of standard contract terms and conditions Prior experience in a QA controlled design environment. (ISO 9000, NQA-1, or similar) Prior experience working for a Government subcontractor a plus. Ability to travel domestically and internationally.
Employment Type
Full Time
Key Skills
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