Director / Controller, Accounting & Finance

Director / Controller Position at Sharp Manufacturing Company of America

The Director / Controller of Sharp Manufacturing Company of America (SMCA), the manufacturing division of Sharp Electronics Corporation, is responsible for the maintenance and accuracy of SMCA's financial records, including revenue recognition, cost of sales, inventory valuation, operating expenses, financial income / expense and balance sheet accounts. He / she is also responsible for the twice-yearly financial budget planning and analysis functions; capital expenditure processes; intercompany accounting processes; U.S. GAAP consolidated financial statements and reporting financial results to the Japanese parent Company for inclusion in the worldwide consolidated financial statements. This position oversees assurance that the Company's control environment meets J-Sox reporting requirements and key accounting processes operate efficiently and effectively. In addition, this position will manage the Company's financial audit and the relationship with the Company's external auditors. The position is an in-office role and based in Memphis, TN.

Responsibilities

• Oversee the cost accounting team, providing leadership, guidance, and support to ensure effective execution of cost accounting activities.
• Oversee the maintenance of the Company's general ledger. Ensure all transactions are properly recorded, and accounts are reconciled, documented, approved and in accordance with US GAAP. Assure that all J-Sox controls supporting the integrity of the general ledger are in place, functioning and meet tests of design and effectiveness.
• Manage all accounting functions of the organization, including but not limited to cost accounting, product costing, inventory accounting, and fixed asset accounting.
• Manage the Company's quarterly financial statement reviews and fiscal year-end financial statement audits by the Company's external auditors.
• Manage the accounting for cost of sales and inventory accounting.
• Ensure that the Company's long term tangible and intangible assets are correctly accounted for and maintained.
• Manage product transfer pricing including adjustments while ensuring compliance with Advance Pricing Agreement (APA) between Japanese and American tax authorities.
• Manage the preparation of the Company's monthly, quarterly and year-end consolidated financial statements for inclusion in the parent Company's consolidated financial results.
• Oversee the inter-company accounting processes assuring timely reconciliations and quick resolutions of reconciling items.
• Ensure that the Company's revenue recognition policies are consistently applied, including the calculation and adjustments for ASC 606.
• Confirm compliance with local, state, and federal reporting requirements.
• Direct and coordinate Company financial planning, budget management functions, including allocations of costs for the Memphis campus.
• Review financial results and discuss current business unit issues with management.
• Manage capital planning, fixed asset accounting and monthly capital spend reporting.
• Lead preparation of profitability analysis by channel, product line, and OEM customers.
• Oversee the monthly budget variance analysis and meet with management to discuss variances.
• Coordinate, implement and present annual and long-range financial plans in accordance with Sharp guidelines.
• Oversee the effort to remediate all unclaimed property risks by the implementation of best practices.
• Monitor and analyze manufacturing costs, identifying trends, variances, and areas of improvement to enhance cost efficiency and profitability.
• Manage the documentation and testing of all financial processes in support of J-Sox (Sarbanes-Oxley).
• Support the development of SAP requirements for finance and other key processes.

Qualifications

About Us : Sharp Manufacturing Company of America

SMCA is the U.S. manufacturing facility for SHCA, the U.S. Consumer Products Group of Sharp Electronics Corporation, the U.S. sales subsidiary of Sharp Corporation, a worldwide developer and manufacturer of one-of-a-kind premium technology products, who was recently honored as one of Fortune's Most Admired Companies for 2023. SHCA includes the manufacturing of premium home appliances in Memphis, TN, together with the sales & marketing, and servicing of home electronics based in Montvale, NJ. Leading products include Sharp Carousel, Microwave Drawer Ovens, SuperSteam+ ovens, and Plasmacluster Ion air purifiers.

Compensation for this Position

The compensation range for this role is $97,000- $183,000. The listed salary range or contractual rate excludes bonuses, incentives, differential pay, and any other forms of compensation or benefits. The starting salary will be determined by several variables, including but not limited to experience, education, training, certification, and location. You may also be eligible to receive an annual discretionary incentive award, and program-specific awards, which are subject to the rules governing these programs.

SMCA Employee Perks

Comprehensive, family-friendly healthcare plan (medical, dental, vision). 401k retirement plan with a competitive match and plenty of financial support tools. Employee Assistance Plan to care for you and your family's mental and behavioral health, balance, and support. Financial protection for you and your family (life insurance and disability insurance) Training and professional development. Vacation and paid holidays. Dynamic culture eager to innovate, enhance diversity, and work smarter.

Sharp Electronics Corporation is an equal opportunity employer minority female disability - veteran.