SR MGR ACCOUNTING OPERATIONS

BASIC FUNCTION :

To direct, coordinate and ensure adherence to accounting principles, practices and procedures of the Company; maintaining all accounting and related records. Responsible for the development, analysis and interpretation of statistical and accounting information to appraise operating results in terms of costs, budgets, inventories, policies of operations, trends, and increased profit possibilities. Manage financial consolidations and internal financial reporting to the Parent Company and responsible for maintaining a comprehensive set of controls designed to mitigate risk and enhance the accuracy of the Company's reported financial results. Coordinate all audit related activities (including external auditing firm, internal audit plans and bank / government audits). Protect Company assets and accuracy of financial statements, ensures that the Company has effective internal controls (SOX certification). Work with attorneys and accountants on complex accounting matters. Manage financial integration of acquired companies.

DIMENSIONS :

1. Number of Employees 3 Accounting managers, 5-7

Accounting staff and 8 - 10+ Indirect reports (mill controllers)

2. Total Company Annual Sales Approximately $6 billion

3. Total Company Assets Approximately $5 billion

NATURE AND SCOPE :

Within the established Corporate policies, this position is responsible for the overall management and administration of the Company's service functions pertaining primarily to financial, general, cost, property and material accounting; d benefit programs accounting; capital expenditures, and management information systems; responsible for coordination, review and approval by outside independent auditors to secure certification of Company's financial reports and meeting various requirements of the SEC as the largest subsidiary of the publically traded company, Gerdau (GGB) and other governmental agencies.

This position reports to the Vice President, Finance. Reporting directly to this position are 3 Corporate Accounting Managers. Indirect (dotted line) reporting to this position are division controllers who are responsible for the day-to-day accounting functions and monthly financial close and cost accounting of the divisions.

This position is responsible for the review and reporting of the financial results of the largest subsidiary of the publicly-traded parent company on all phases of the Company's operations to see that they are within International Financial Reporting Standards (IFRS), and meeting various requirements of SEC and other governmental agencies and parent company reporting requirements. In addition, the position oversees the reporting on performance and results of groups, regions, divisions and units to measure accomplishment of corporate goals and objectives; directs preparation and presents annual, quarterly and monthly balance sheets, profit and loss statements, trial balances, management information and other statistical reports.

This position has dotted line reporting from division controllers and is responsible for the oversight and coordination of accounting and financial reporting at the division operations to insure that division accounting is following IFRS and Company accounting policies. This position is involved in selection and training of division controllers and accounting personnel. This position is also responsible for the integration of the accounting functions and systems during acquisitions.

This position also is responsible for its own departmental results to see that all phases are within acceptable standards. In this capacity, this position is responsible for analyzing departmental costs, financial and operating reports; check practices and procedures to insure optimum efficiency at the lowest costs; take prompt corrective action as necessary; make inquiries and investigations into areas that appear to be outside acceptable standards or where financial or management accounting questions arise.

Cooperate and coordinate with Corporate officers, group or staff vice presidents on common subjects or matters of mutual interest. Assist administrative staff members and / or outside consultants involving projects, studies or surveys which may be undertaken. Keep abreast of developments, methods and procedures within the accounting and related disciplines. Maintain effective liaison with external auditors, legal services, governmental

agencies and accounting related organizations as is necessary to the fulfillment of this function.

QUALIFICATIONS :

• Bachelor's degree in Accounting or Finance or equivalent from an accredited university
• 10 years of experience, including significant exposure and working knowledge of financial reporting, budgetary control, cost accounting within a manufacturing environment.
• Proven experience working with a multi-entity , international company .
• Strong working knowledge of SAP .
• CPA or Advanced degree in business related programs preferred
• Broad knowledge of corporate management and cost accounting, finance, financial data processing, business administration and accounting theory.
• Strong analytical mindset with a balance of technical accounting and operational insight.

PRINCIPAL ACCOUNTABILITIES :