
Controller
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Job overview
Premier Precision Machining is seeking a Controller to oversee financial activities across its sites and divisions, reporting to the CFO and potentially managing a small finance team. The role focuses on accurate financial transactions, planning and analysis, reporting and compliance, cash flow, budgeting, cost control, and process improvement. The company operates in machining and fabrication manufacturing and reports annual revenues exceeding $50 million.
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Full job description
Our leading machining and fabrication manufacturing company is a market leader in the industry, with annual revenues of over $50 million. We pride ourselves on delivering high-quality products and services to our clients, and we have built a strong reputation for innovation, precision, and customer satisfaction. As we continue to grow and expand our operations, we are seeking an experienced and talented individual to join our team as a Controller.Job OverviewThe Controller will be a key member of our finance team and will play a critical role in managing and overseeing all financial activities of the company with a strong focus on accurate and complete financial transactions at all sites/divisions. . The Controller will report directly to the Chief Financial Officer (CFO) and may have a small team of financial professionals to manage.Responsibilities:1. Financial Transaction Accuracy & Completeness:a. Review, Manage and Audit key financial transactions at all sites/divisions.b. Ensure accuracy of Accounts Payable and Accounts Receivable aging reports at all sites/divisions.c. Ensure accuracy and completeness of Fixed Asset listings and depreciation reports at all sites/divisions.d. Drive Credit and Collection activities at all sites/divisions.e. Identify opportunities for efficiency and accuracy improvements at all sites/divisions.2. Financial Planning and Analysis:a. Support development and implementation of financial planning and forecasting processes to support the company's strategic goals and objectives.b. Support preparation of monthly, quarterly, and annual financial reports, including budget vs. actual analysis, variance analysis, and key performance indicators (KPIs).c. Help identify and communicate financial risks and opportunities to senior management and recommend appropriate actions to drive financial performance.3. Financial Reporting and Compliance:a. Ensure timely and accurate preparation of financial statements in accordance with Generally Accepted Accounting Principles (GAAP).b. Oversee the preparation and filing of all required financial reports and tax returns, ensuring compliance with applicable laws and regulations.c. Establish and maintain internal controls to safeguard company assets and ensure the integrity of financial data.4. Cash Flow Management:a. Support development and implementation of cash flow forecasting models to effectively manage working capital and liquidity.b. Monitor and analyze cash flow trends, identifying potential risks and opportunities, and recommend appropriate actions to optimize cash flow.5. Budgeting and Cost Control:a. Support the annual budgeting process, working closely with senior management and department managers to develop detailed budgets and financial targets.b. Help monitor and analyze actual performance against budget, investigating and explaining variances.c. Identify and implement cost control initiatives to maximize profitability and efficiency.6. Financial Systems and Process Improvement:a. Evaluate and enhance financial systems, processes, and controls to improve efficiency and accuracy.b. Drive automation initiatives to streamline financial reporting and analysis.c. Stay updated on industry best practices and trends in financial management and recommend and implement relevant improvements.7. Team Management:a. Provide leadership and guidance to the finance team, fostering a culture of continuous learning and professional development.b. Set performance goals and objectives, conduct performance reviews, and provide regular feedback and coaching to team members as required.Qualifications: Bachelor's degree in Accounting, Finance, or related field. A Master's degree or CPA certification is strongly preferred. Minimum of 8-10 years of progressive finance and accounting experience, with at least 5 years in a leadership role. Strong knowledge of GAAP and financial reporting requirements.
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