Divisional Controller

Divisional Controller

Hands-on accounting professional responsible for the accurate processing and reporting of all financial transactions carried out by multiple entities that make up the Industrial Systems business. Applying project-based accounting methodologies, the duties will include cash flow and accounts receivable management; budget development and oversight; approval of project-based expenditures; oversight of accounts payable activities; and generation of weekly / monthly / quarterly / annual financial reports for management.

Job Description :

• Create and implement financial controls, procedures, and reporting requirements to ensure the Division always performs in a fiscally responsible manner and in sync with the goals, objectives, and directives of Sr. Management.
• Continuously work with Project Management and Project Execution team to establish and track project budgets, manage project cash flow, track project schedules, and ensure compliance with established commercial terms and conditions.
• Ensure all invoices are generated and submitted on time and track until payment is received.
• Establish procedures and make recommendations for optimizing client billing and ensuring maintenance of a positive cash flow at the Divisional level.
• Oversee accounts payable activities and ensure accurate and timely processing.
• Ensure all project-based expenditures are processed in accordance with established procedures and project budgets and schedules.
• Monitor project task completion as well as purchasing and material control activities to ensure accurate completion according to schedule and budget.
• Make certain the services of all project subcontractors, fabricators and vendors are retained in accordance with project budgets and schedule requirements and in compliance with all Company and customer operating guidelines, protocols, and contractual requirements.
• Prepare applicable weekly / monthly / quarterly / annual reports for management on key Divisional and project-based criteria such as P&L, cash flow, performance against budgets and sales forecasts as well as accounts payable and accounts receivable aging.
• Ensure compliance with applicable customer and government contractual requirements, including applicable FAR and DFAR regulations.
• Work with sales team pre-sale to fully understand project scope and approve pricing and budget.
• Effectively communicate with Sales and Project Management regarding contract documents, commercial terms, and conditions, change orders and contract modifications.
• Monitor and reconcile applicable GL and balance sheet accounts and activities to ensure proper transactional flow and accurate recording at the project, GL and P&L level.
• Optimize use of the ERP (MS AX) system
• Manage inventory levels and valuations and conduct physical audits no less than once per quarter.
• Work on related special projects for Chief Operating Officer as applicable
• Potential travel to sister facilities within the US, India, China, and France.

Essential Skills :

Non-Essential Skills :

Physical & Mental Demands :

This job description is not all inclusive and is subject to change at any time.

EEO / VETs / AAP