Controller - Betco

Overview

Oversee the activities of the accounting department, providing information, primarily financial in nature, about all plant activities that will assist management, its shareholders and other users in making educated economic decisions. 

Responsibilities

• Manage all operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives; oversees the accounting operations including control systems, transaction-processing operations, and policies and procedures.
• Direct, assign and audit the work of the accounting staff to ensure that accounts payable are paid in a timely manner; ensure that accounts receivable are collected promptly; ensure that payroll is processed in a timely manner; ensure that monthly bank reconciliations are completed.
• Implement and/or maintain generally accepted accounting systems; maintain a documented system of accounting policies and procedures; maintain the chart of accounts and maintain an orderly accounting filing system.
• Prepare and analyze financial reports and journal entries, maintain and reconcile ledger accounts; issue timely and complete financial statements; recommend benchmarks against which to measure the performance of company operations; calculate and issue financial and operating metrics; manage the production of the annual budget and forecasts; calculate variances from the budget and report significant issues to management; provide for a system of management cost reports.
• Monitor and review all records of assets, liabilities and other financial transactions to assure accuracy of records.
• Oversee all basic accounting procedures; financial statement preparation, month end closing; journal entries and general ledger maintenance, inventory roll forwards, fixed assets and margin analysis; supporting schedules for financial statements preparation; oversee all journal entries to ensure direct costs are allocated appropriately; maintain and update product costs in system.
• Review, analyze and reconcile general ledger accounts and transactions in conjunction with preparing quarterly reports for management
• Coordinate the provision of information to external auditors for the annual financial and tax audit; provides accurate information for and complies with local, state, and federal government reporting requirements and tax filings.
• Provides financial analyses as needed, in particular for capital investments, pricing decisions, and contract negotiations; develops procedures to obtain accurate costing, reporting and analysis of inventory through the production process and end of period cost of goods manufactured.
• Plans, studies, and collects data to determine costs of business activity, such as raw material purchases, inventory and labor; generates labor cost and shipments reports for management review; handles financial reporting and analysis of purchase price variances, labor, yields, and overhead expenses
• Maintains accounting for annual inventory, perpetual inventory, and analysis of variances.
• Performing analysis of operations on a monthly basis; analyzes actual manufacturing costs and prepares periodic reports comparing anticipated or targeted costs to actual production and incurred costs.
• Other duties as assigned.

Qualifications

• Accounting degree required.
• Five or more years of previous work-related skill, knowledge, or experience, preferably in manufacturing, construction or corporate accounting.
• Very strong computer skills required – e.g. financial systems and MS Office suite.

PHYSICAL DEMANDS:

• Regularly required to sit at desk in an office environment.
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the position.