Controller

Published July 11th, 2024

Role and Responsibilities

Summary of Position:

The Controller is responsible for the development of the company and financial management strategy (creation and implementation) along with contributing to the development of the organization’s strategic goals by providing leadership and coordination of company’s financial planning, debt financing, budget management and inventory control functions and ensure company accounting procedures and reporting conform to generally accepted accounting principles.

Duties & Responsibilities:
 

  • Monitor and analyze monthly operating results against budget
  • Oversee daily operations of the Finance department
  • Timely management and preparation of all financial reports, weekly and monthly
  • Manage the preparation of financial outlooks and financial forecasts
  • Prepare financial analysis for contract negotiations and product investment decisions
  • Ensure compliance with local, state, and federal budgetary reporting requirements
  • Overseeing regulatory reporting, frequently including tax planning and compliance
  • Work with department managers to develop long term business plans
  • Establish Finance short- and long-range departmental goals, objectives, policies, and operating procedures
  • Coordinate financial audits and provide recommendations for procedural improvements as well as implement those improvements
  • Promote a culture of high performance and continuous improvement that values learning and a commitment to quality and attention to detail
  • Establish and monitor staff performance and development goals, assign accountabilities, set objectives, establish priorities, conduct annual performance appraisals, and administer salary adjustments
  • Upgrade and implement an appropriate system of policies, internal controls, accounting standards, and procedures
  • Plan, coordinate, and execute the annual budget process
  • Provide analytical support to the internal management team including development of operational metrics, monthly P&L
  • Ensure Precisions is insured at appropriate levels and disciplines: property, financial, product liability, officer, recall etc.
  • Manage accounts receivable and accounts payable processes, payroll, expenses
  • Manage relations with third party IT to ensure proper, current system support is in place to handle company objectives
  • Oversee material management/MRP
  • Oversee all direct and indirect purchasing initiatives; set and meet annual “cost” reduction targets
  • Manage ERP system to address needs of all departments and business objectives.

 

Qualifications and Education Requirements
Education and Training Requirements:

  • Minimum – 4-year University degree 

Skills and Experience Requirements:

  • Minimum 5 years of Business leadership in a similar or higher-level role with manufacturing experience
  • Strong financial acumen, including “expert” understanding to GAAP
  • Detail oriented
  • Strong written and presentation skills
  • Analytical skills plus demonstrated skills to handle a variety of assignments simultaneously
  • Requires excellent written and verbal communications
  • Excellent people skills and an upbeat and enthusiastic attitude
  • Proven ability to work cross functionally with sales, operations, customers, suppliers etc.
  • Results driven with strong work ethic
  • Strong organizational and time management skills
  • Proven track record of creative problem-solving and change management
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