Business Segment Controller

Ametek

Position Summary

The Assistant Controller is a key member of the business and is expected to be a trusted adviser and business partner for the business manager. The incumbent is a key member of the BU accounting staff, reporting directly to the BU Controller. Responsible for various general Accounting functions for the business including forecasting. Responsible for Revenue Recognition Procedures, overseeing Cost Accounting, Accounts Payable, Accounts Receivable, ASC606, General, Ledger, Month End Close, Financial Statement, Budgeting and Forecasting.

How You Will Do It

  • Manage the month-end process for financial statements and cash flow for the Business Unit – including streamlining the reporting cycle.
  • The Assistant Controller has the task of making sure there are no errors on the company’s financial statements for the Business Unit. In addition, active participation is required in the budget and forecasting process, and the management of working capital. Supporting the Business Unit team in generating accurate weekly forecasts, budgets, metrics, KPI’s and a focus on cost management is essential.
  • Assist with the implementation of new accounting standards and manage training program for departmental personnel.
  • Reviews workflow to ensure that all accounting transactions are processed accurately and in compliance with industry standards.
  • Coordinates the activities of multiple functions involved in the preparation of Business Unit forecasts, budgeting, and reviewing manufacturing performance.
  • Established budgetary control systems and monitors compliance to budget and monthly forecasts.
  • Work with Production on KPI’s such as productivity, operational cost savings and Engineering on VA/VE to provide monthly reports.
  • Actively engage in inventory reduction and review excess & obsolete inventory on a quarterly basis – communicate to senior management any changes in reserved required.
  • Preparation of financial statements and generate summary reports.
  • Complete balance sheet flux analysis & bring issues to management attention during close.
  • Handles personally or supervises general ledger reconciliations.
  • Ensures compliance with all internal controls including quarterly SOX testing.
  • Assists VP of Finance with a variety of tasks as needed.
  • Reconciles trial balances to corporate office financials.
  • Has a good knowledge of GAAP and financial accounting standards.

What We Look For

  • Minimum 5 years of manufacturing accounting experience (standard costing, discrete job production, inventory management including physical count) is a must. Aerospace and defense preferred.
  • Understanding of ASC 606 Revenue Recognition
  • SOX internal control assessments (Section 404) experience
  • Proficiency in Microsoft Excel required with strong computer skills and knowledge of financial software programs.
  • Hyperion Enterprise and Oracle experience a plus
  • Possesses strong leadership, supervisory and management abilities.
  • Has excellent critical thinking as well as analytical skills.
  • Ability to meet deadlines with flexibility to work during month nd.
  • This role interacts with all levels of management throughout the company. On a regular basis will be coordinating information between Sites, Business Units and executives which requires excellent communication skills.

What’s In It For You

  • Competitive Compensation & Holiday Pay
  • Great Health Benefits, and 401(k) plans
  • Paid Time Off per year depending on level
  • Less red tape – we have an environment that supports the entrepreneurial spirit
  • Fun & Professional Culture while also providing work/life balance for our employees
  • Fast growth opportunities and quicker career development for the right candidate
  • Mentors to help you grow both personally and professionally
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Confirmed 8 hours ago. Posted 30+ days ago.

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