Assistant Controller

Overview

Fives Group is seeking an Assistant Controller in the Dover, NJ area. The Assistant Plant Controller is responsible for accuracy and integrity of all financial information concerning plant activity. This is accomplished through active management of financial policy and internal controls for the assigned plant.

• Oversees the financial functions at the plant, including cash and back, accounts receivable, inventory, capital assets, accounts payable, inter-company transactions and other related accrued liabilities.
• Oversees the review of the monthly reconciliation binder prepared by subordinates that provides support for all balance sheet accounts.
• Assists Controller with compliance of the Corporate reporting requirements on weekly, monthly, quarterly and annual basis ensuring compliance with company accounting policies and procedures.
• Assists the Controller with creating an accurate weekly forecast that is submitted to Corporate each week.
• Review standard and non-standard journal entries each month.
• Proactively provide continuous improvement ideas relating to both financial and production processes.
• Assist the Controller in preparing the annual budget for the plant.
• Work with departmental heads to identify any inefficiencies in processes and potential cost saving initiatives including freight costs savings, outsourced production parts savings, improvements in inventory management, reduced scrap and lead projects to ensure timely realization of the identified costs savings.
• Review accounts receivable aging each month and proactively follow-up on collections issues with subordinates.
• Assist the Controller with the local annual external audit by completing the Corporate audit kit with all the required supporting reconciliations and documentation, ensuring that no audit adjustments are identified during the audit.
• Provide all the necessary information to the internal audit department during their audit and immediately address any concerns that are identified.
• Assist with the review of customer quotations prior to submitting to Corporate for review and approval.
• Understand all capital spending projects prior to submitting to Corporate for review and approval, including payback calculations. Collect and review all information required for capital requests, ensuring all local approval has been received.
• Assist with the physical inventory counts and inventory valuation.
• Complete performance appraisals for subordinates ensuring continuous development of staff.
• Provide support and contribute to the quality and environmental requirements and regulations as well as the implementation and maintenance of Manufacturing Systems at the plant.

• Bachelor's Degree in Accounting or Finance
• Completion of a recognized Account Designation preferred (CPA, CA)
• A minimum of 3 years of hands-on experience in a decentralized manufacturing environment with Manufacturing Ops Accounting/Finance
• Proven leadership and problem solving skills
• An independent critical thinker who displays attention to detail
• Excellent organizational, interpersonal and time management skills with the ability to multi-task
• Experience in working with ERP software
• Advanced knowledge of Excel and Access

• Demonstrates focus and drive to achieve targets, budgets and results.
• Desire to understand the business, providing accurate and timely information to the Controller, taking the initiative to identify and implement costs saving projects that will assist in improving the overall profitability of the plant.
• Desire and ability to learn about the business and understand the production process by regularly walking through the production floor to develop the necessary link between the production processes and the financial statements.
• Educate and train departmental staff and hold them accountable.
• Clearly communicate weekly, monthly, quarterly and annual financial results to the general manager and Corporate including explanation of variances of actual compared to forecast/budget.
• Effectively manage and take complete ownership and control of the finance/accounting department with respect to month-end reporting as well as day-to-day activities.
• Proven self-starter, who requires limited supervision and direction, yet achieves tasks and overcomes problems and provides effective direction and development for staff.
• Adopts an active approach and a perpetual willingness to get personally involved in order to increase the pace and efficiency and achieve departmental, plant and Company goals and objectives.
• Consistently thinking beyond the borders of finance to help create a culture of continuous improvement.
• Embraces the challenge of problem solving and identifying and implementing well thought through practical solutions.

• Associate

• Full-time

• Accounting/Auditing and Finance

• Aviation and Aerospace Component Manufacturing and Airlines and Aviation

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