What are the responsibilities and job description for the Operations Controller - Construction/Asphalt position at Farmer Holding Company?
We are seeking a highly motivated and experienced Operations Controller to join our accounting team. The Operations Controller will play a key role in managing the financial operations of our company, ensuring accuracy in financial reporting, compliance with regulatory requirements, and the overall financial health of the organization. This position will work closely with Operations Managers, the VIP of Operations Accounting and other senior management to support strategic financial planning and decision-making. The position will be based out of the Jefferson City Office but will require travel and fieldwork.
Job Tasks and Responsibilities
- Present and analyze financial statements in accordance with GAAP.
- Evaluate business performance and present financial analysis to Chief Operating Officer, General Managers, and upper-level management.
- Be a Business Partner to the Operations Manager.
- Manage budget preparation and review budget vs. actual performance.
- Manage forecasting process throughout the year including income statements, capital spending, cash flow and working capital.
- Work with various operation personnel in developing annual company(s) budgets. Continuously monitor financial and operational performance and investigate variances to the budget and Key Performance Indicators (KPIs).
- Prepare periodic analyses and reports for use by management; develop budget inputs and recommend budget/forecast adjustments.
- Work with the Corporate Office to ensure the general accounting functions and journal entries are accurate, including, but not limited to: accounts payable, accounts receivable, general ledger, and taxes.
- Study and identify processes, productivity and cost improvements; recommend changes to improve productivity and service while reducing cost.
- Manage job costing and Work-In-Progress (WIP) reporting.
- Assist with the annual audit.
- Responsible for managing the financial ratios as well as assets and liabilities on the balance sheet to ensure financial stability and in line with annual targets.
- Responsible for ensuring Accounts Receivable (DSO) are collected on time.
- Develop and review standard cost for production and equipment.
- Prepare detailed cost and return on investment analysis at plant and/or equipment level.
- Review cost of goods sold and production reports.
- Management and leadership of a team of individuals performing a variety of tasks.
- Participate in a wide variety of special projects and compile a variety of ad hoc reports.
- Ability to interpret and conceptualize practical, as well as abstract problems, leveraging the available information effectively to make sound and innovative conclusions, solutions, decisions, and recommendations accordingly.
- Participate in the development of the company's strategic plans.
- Ability to travel to work sites as needed.
Qualifications, Skills, and Expertise
- Bachelor’s degree in accounting, Finance, Business Administration or closely related field. Master’s Degree, CPA or CMA is preferred.
- Strong understanding on construction accounting, WIP report and job costing.
- Seven or more years of relevant experience in working with financial statements, budget and forecast preparation, financial analysis, and general accounting knowledge.
- Strong knowledge of GAAP and financial reporting.
- Advanced proficiency in Microsoft Excel and other Microsoft Office applications.
- Excellent organizational, problem-solving, project management, and communication skills.
- Ability to work independently and as part of a team in a fast-paced environment.
- Strong attention to detail and accuracy.
- Proven experience in management and operations.