Progressive Manufacturing Company, in business since 1941, seeks, self motivated, team player to assume the following key role:
Responsible for implementing and maintaining an accounting system and accounting policies and procedures to properly report the financial position of the Company. Ensures accurate recording and reporting of financial transactions. Oversees budgeting, general ledger, accounts payable and receivable, payroll, cost accounting, and fixed asset accounting. Ensures that accounting activities are in accordance with established legal, regulatory, and Company procedures. Reviews Company procedures and recommends improvements to ensure effective financial management and compliance with accounting standards. Assigns, directs, and appraises accounting staff.
--Meet all financial reporting requirements
--Liaise and fulfill Corporate Finance requirements.
--Working with the finance team, establish period end close calendar and ensure that deadlines are met.
--Understand and meet all tax, statutory, and legal reporting commitments.
--Implement and maintain effective and efficient transaction processes.
a--Accounts Receivable processes to ensure prompt payment of monies due to the company and the early identification of potential bad debt issues.
b--Accounts Payable processes to ensure that the company effectively meets obligations to suppliers.
c--Payroll processes to ensure that the Company?s employees are paid correctly and on time.
3--Understand the company?s cost structure and guide management in implementing cost improvement strategies.
a--Implement Cost Accounting practices to ensure that the cost of the company?s products are consistently treated and well understood by management.
b--Implement budgeting and forecasting processes to ensure that the financial performance of the Company is understood by management and that the Company?s financial improvement goals can be measured.
c--Work closely with the management team to monitor the daily production and operational results to ensure the plants are performing according to budget, as well as to implement corrective actions when required.
d--Work closely with the production management team for headcount planning.
e--Review product standard cost and cost variance periodically.
f--Preparation of ROI analysis for capital expenditures.
4--Ensure that the operations of the Company are conducted with effective internal controls.
--Maintain and enforce key financial policies such as signature authority.
--Assess financial risks, such as inventory obsolescence and bad debt, and adjust the firm's financial records to reflect risks.
--Designed, documented and implemented internal control systems(SOX) to ensure integrity of information.
--Ensure compliance with corporate guidelines/policies and US GAAP.
--Support internal and external annual audit activities.
5--Direct day to day activities of the accounting staff.
--Set priorites and schedule activities.
--Assess staff performance and provide coaching.
The successful candidate will have 3-5 years of management experience(A/P, A/R,GL FA Cost Accounting)
--CPA preferred. An MBA is a plus.
--Requires strong Manufacturing, Cost Accounting, and Strong Financial Analysis work.
--Very high visibility.
Financial Job Network - 18 months ago