What are the responsibilities and job description for the Controller position at Sanders Industries Holdings?
MAST Technologies is seeking a Controller who is responsible for managing the financial analysis and accounting operations, including processing of financial transactions, production of periodic financial reports, and maintenance of accounting records. Responsible for a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company’s reported financial results, and ensure compliance with generally accepted accounting principles and/ or international financial reporting standards. Prepares consolidated results for reporting to Management. The Site Controller reports directly to the Vice President & General Manager.
About MAST: MAST Technologies is an industry leader in advanced RF and EMI absorbing materials. We create engineered solutions that support mission-critical defense and aerospace applications worldwide. Our employees contribute directly to cutting-edge innovation and enjoy a collaborative environment focused on quality, technical excellence, and continuous improvement.
Job Accountabilites:
- Manage accounting operations including A/R, A/P, G/L, Inventory/Cost Accounting and Revenue Recognition to ensure all financial and accounting transactions are processed to established standards and completed within targeted deadlines.
- With support of the accounting shared service, oversee monthly accounting close process including analytical review of the monthly operating results to ensure accurate accounting records.
- Refine, maintain and develop recommendation to management to ensure the integrity of operating standard cost system by performing a range of costing analysis and reporting including but not limited to:
- material costs and labor/overhead rates
- standard costs versus actual manufacturing costs
- cost of sales, cost trends and drivers for cost fluctuations providing management with reports specifying and comparing factors affecting cost and profitability of products or services
- purchase price variance (PPV) and manufacturing variances
- develop and monitor labor efficiency dashboards by value stream
- excess and obsolete inventory
- rates of scrap, return, manufacturing expenses, depreciation by analysis of profit and loss statements and manufacturing variance reports
- develop income statement by value stream
- Ensure the accuracy of inventory through coordination of regular cycle counts, annual physical, periodic review of work-in-progress (WIP) and regular analysis of required reserves
- Manage capital projects and forecast cash flow impact
- Assist in the preparation and review annual operating budget and periodic forecasts including income statement, balance sheets, and statement of cash flows
- Prepare and review a full set of financial statements and make recommendations to improve business operations based on thorough analysis
- Support annual external audit
- Comply with local, state, and federal government reporting requirements and tax filings
- Review accruals and provisions on periodic basis
- Lead auxiliary and subsidiary accounts reconciliations
- Work closely with internal and external stakeholders to provide interpretation of reports and analysis findings
Qualifications:
Education: Bachelor’s degree (BS) in Accounting. Master’s degree or CPA preferred.
Experience:
- Minimum 8 years’ experience in accounting
- Minimum 5 years in as facility Controller or equivalent, Manufacturing experience desired
- Experience in Aerospace and/or low volume/high mix environment preferred
- Experience with Government Contracting and FAR / TINA requirements is a plus
- Proficient in MS Excel, automated accounting/financial reporting systems and ERP
- In-depth knowledge of finance law and regulatory standards (GAAP)
- Strong understanding of economic and banking processes
- Demonstrated accomplishments of improving efficiencies and reducing costs across the business by processes optimization, developing standards and establishing internal controls
- This position requires use of information or access to hardware which is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR
Benefits:
At MAST, we recognize how important your career and benefits are to you and your family. We offer a full suite of benefits, including medical, dental, vision, short and long-term disability coverage, accident insurance, critical illness insurance, basic and supplemental life insurance, employee assistance plan, retirement savings and matching, and other developmental opportunities. We are committed to supporting the way you live and work.
MAST is an Equal Opportunity Employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other legally protected status. Applicants requiring reasonable accommodation to complete the application process may contact Human Resources.
This position requires access to information subject to the International Traffic in Arms Regulations (ITAR). Employment is contingent upon the applicant being a “U.S. person” as defined by ITAR (22 CFR §120.15), which includes U.S. citizens, lawful permanent residents, refugees, or asylees, as required by U.S. export control laws.
Salary : $130,000 - $185,704