Assistant Controller

Position Summary
This key role is responsible for the financial activity of the Operation. The Assistant Controller is responsible for the company's financial plans and practices, internal control systems and protection of assets. This individual will provide strategies to drive short-term and long-term actions to achieve financial goals and growth with oversight from the Controller. Responsible for monthly, quarterly and annual budgets, forecasts and financial reconciliations. Position reports to the Controller.

Essential Functions:

• Direct the preparation of the budget and financial forecasts, institute and maintain other planning and control procedures including cost accounting system.

• Monitor and analyze financial data, budgets and forecasts and produce financial report and statements.

• Manage hiring, training and development of financial staff. Establish a work environment that encourages individual career growth in order to provide adequate and qualified professional opportunity for advancement.

• Review, analyze, evaluate and interpret financial forecasts and operating results. Provide information of results and recommend corrective actions to address unfavorable variances.

• Evaluate and approve plant capital requests prior to Division approval. Monitor and report purchase commitments and spending for all capital programs.

• Establish, monitor and maintain an environment of compliance and safeguards and provide for integrity of financial transactions and activities. Ensure compliance with corporate policy including SOX.

• Prepare and evaluate periodic financial reports; ensures that the reported results comply with Generally Accepted Accounting Principles (GAAP).

• Prepare business activity reports, financial forecasts and annual budgets.

• Prepare statements for Flex P & L, variable, fixed, etc.

• Work with internal and outside auditors concerning financial reporting.

• Financial functions, Internal Controls, and procedures of the Douglas Plant accounting and general accounting, to insure that proper internal control procedures are followed.

• Provide for monthly, quarterly and annual reporting of financial results to satisfy internal, corporate, IRS, SEC, and audit requirements. Enforce compliance with GAAP and C.F.P&P.

• Assist the in preparation for monthly and quarterly Operations Reviews and other requirements as directed.

• Supervision of Personnel within the Accounting Department that maintain files / records that will enable timely, accurate reporting of plant operations. They could be in General, Cost, Payroll, or Accounts Payable.

• Review procedures being used to ensure generally accepted account principles are being used in reporting data, account analyses and reporting.

• Responsible for activities such as physical inventory or establishing of standards for the up-coming physical year.

• Ensure monthly closing activities are met to ensure timely reporting of activities.

• Perform other related duties as assigned.

Required Skills:

• Thorough understanding of Generally Accepted Accounting Principles (GAAP).

• Analyses of business and financial data.

• Expertise in technical accounting, budgeting, planning and internal controls.

• Strong Leadership skills with proven ability to lead a group.

• Proficient in financial reporting systems and related software.

• Excellent analytical and organizational skills with close attention to detail.

• Excellent verbal and written communication skills.

• Ability to manage confidential information.

Desired Skills:

• Understanding of Generally Accepted Auditing Standards.

• Ability to work in a fast-paced environment.

• Ability to present information and data in an understandable and logical manner.

• Ability to document, plan, and execute programs.

Experience & Education:

• Bachelor's degree in Accounting or Finance required. MBA or CPA preferred.

• 8 years progressive experience in a finance manufacturing leadership role.

• Working knowledge of electronic data processing systems and financial reporting systems.

• Strong knowledge of spreadsheet software packages.