Controller

Acara Solutions is looking for a Controller for our client located in Philadelphia, PA

• This position works on complex problems requiring analysis of situations or data with various factors.
• Needs to exercise judgment within broadly defined practices and policies in selecting methods, techniques, and evaluation criteria for obtaining results.
• Responsible for managing manufacturing and R&D Cost.
• Responsible for participating in the planning, implementation, and maintenance of the cost accounting system.
• Major responsibilities include accurate and timely analysis, as well as reporting and compliance activities.
• Reports to Regional leadership.
• Perform all work in compliance with company policy and within the guidelines of client Quality System.
• Ensures the accurate compilation, analysis and reporting of accounting data.
• Responsible for coordinating, administering, and controlling financial operations.
• Reviews, analyzes, and interprets financial and budgetary, reporting on a monthly basis.
• Directs all aspects of accounting operations and the preparation of annual financial forecasts.
• Acts as a liaison between the company, government, and CPA auditors in providing the needed information and ensuring that proper information is maintained for historical purposes.
• Prepares and develops accounting reports for budgets, income and loss statements, balance sheets, and other reports.
• Create, implement, and monitor cost / management accounting system and procedures.
• Responsible for monitoring and reporting on manufacturing budgets and variances.
• Participates in and prepares Bill of Material (BOM) set up, maintenance and costing review for manufactured items.
• Maintains integrity of general ledger transactions.
• Responsible for analyzing, reconciling, and reviewing inventory valuation reports.
• Performs account analysis and reconciliations.
• Prepares recommendations, supports, and implements alternatives to work processes that will increase efficiencies and quality of financial reporting.
• Monitors inventory activities from purchase of raw material through the production process to finished goods.
• Prepares cost and variance analysis associated with the month, quarter and year-end close, prepares related reports, and meets reporting deadlines.
• Development of product cost models: material usage, material cost, equipment requirements, and labor rates, labor cycle times, overhead, tooling, and capital requirements for new business or changes to current business.
• Monitors standard work procedures for product cost tracking.
• Prepares cost models, budget models and new standards.
• Prepares budget to actual variance reports.
• Prepares month, quarter and year-end reports and presentation data.
• Performs complex analyses of specific cost centers and variances.
• Performs and analyzes cost trends.
• Prepares manufacturing variance reporting.
• Prepares purchase price variance (PPV) reporting.
• Performs semi-finished goods Master Data set up and review.
• Performs other general accounting and administrative tasks as needed

• Bachelor's Degree in Accounting
• Minimum of 3 years' experience in Accounting (Emphasis in cost accounting.)
• Minimum of 3 years' experience in ERP

• Master's Degree in Business
• Knowledge of SAP and NetSuite
• In depth knowledge of Cost Accounting and business systems and best practices.
• SAP experience.
• Proficient at Microsoft Office.
• Internal customer service skills.
• Demonstrated project management and time management skills.
• Excellent verbal and written communication skills.

Additional Information:

• Upon offer of employment, the individual will be subject to a background check and a drug screen
• Needed to lift boxes containing documents weighing about 50 lbs.