Controller, Finance & Banking, Financial Reporting

Controller

Cephas Consultancy Services Private Limited Crystal Lake, Illinois, United States

End Client
:
Department
Accounting
Reports To
President
Shift
:
Monday through Friday, 8:00 AM to 5:00 PM
Primary Purpose of Position
The Controller is responsible for the oversight, preparation, analysis, and distribution of the company's consolidated financial statements, and manages the monthly, quarterly, and annual accounting close processes including variance analysis to ensure accurate, timely, and relevant financial reporting. The Controller, working with other management, will have ownership of achieving company performance metrics, including expense management and job profitability.
Responsibilities
Provide monthly reporting of all company financial results by the 10th of the month following, including general ledger and account reconciliations, fixed asset depreciation schedules, inventory controls, comparative and budgetary financial analysis, banking and cash flow, ensuring accuracy and compliance with company policies and regulatory requirements.
Build and evaluate cost accounting structures for all areas of the business, identify inefficiencies, and work with department managers to implement cost improvements.
Create, monitor, and report around budgetary controls, including providing financial analytics around all areas of financial, cost, production, operational and budgetary reporting.
Continue to improve efficiency, accuracy and effectiveness of all accounting functions and internal controls, including purchasing/accounts payable, billing/accounts receivable, cost accounting, financial reporting, etc.
Lead the ERP implementation and optimization to enhance financial reporting accuracy and efficiency.
In coordination with third-party IT service providers, oversight of information systems hardware, networking, and software services.
Document and maintain workflow and processes for all Finance and Accounting functions, including evaluation and maintenance of the proper systems and control environment for all entities.
Lead the day-to-day accounting and reporting functions, including supervising the accounting staff team.
Lead annual insurance evaluations and renewal processes for all liability, property and casualty, and workers’ compensation insurance ensuring most cost-effective insurance strategies. Handle all compliance, including leases, quarry compliance, contract renewals, service agreements, IFTA reporting, license plate renewals, etc.
Manage risk and collections of accounts.
Approve and deposit checks and confirm positive pay.
Prepare documentation for external auditors.
Collaborate with operational department heads to build P&L statements for each business unit, location, and job to accurately reflect financial performance.
Review financial statements for accuracy and legal compliance, including balance sheets and P&L statements.
Prepare and sign off on lien waivers and approve credit applications.
Maintain equipment list and analyze the level of current portion of long-term debt in relation to current assets.
Complete sales tax returns and real estate tax payments.
Reconcile bank statements and loans.
Cash management and inter-company allocations.
Serve as a liaison to Human Resources, providing support for payroll, benefits administration, personnel updates, and upholding company policies.
With President, support short and long-term investment objectives, including growth of existing business units, acquisition strategies, and future divestiture events. Based on these objectives, develop short and long-term capital strategies and structures which optimize balanced financial and operational performance.
Performance Expectations
Communicate effectively with co-workers and management about the finances of the business and justify certain financial recommendations
Strong numerical proficiency, organization, good problem-solving skills, and excellent use of logic.
Strong understanding of accounting processes and financial data analysis
Excellent leadership skills and big-picture method in approaching tasks
Working knowledge of national and local tax regulations and compliance reporting
Ability to translate complex financial concepts to managers at all levels
Financial project management
Ability to delegate tasks accordingly
Be a role model for a positive and progressive company culture.