What are the responsibilities and job description for the Controller position at ARCH Cutting Tools?
Summary:
The Controller is accountable for the accounting operations of the company, to include the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles.
Essential Duties and Responsibilities include the following. Other duties may be assigned.
Competencies
Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and/or Experience
Language Skills
Reasoning Ability
Computer Skills
Essential Duties and Responsibilities include the following. Other duties may be assigned.
- Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives
- Produce timely and accurate financial statements and reports
- Prepare annual budgets
- Analyze variances from budget and/or forecast and communicate significant issues timely
- Update forecasts to accurately project revenues, expenses and cash
- Analyze trends, costs, revenues, financial commitments, and obligations incurred
- Establish and routinely analyze costs of inventory
- Routinely review and communicate job and product costing
- Calculate and regularly communicate financial and operating metrics
- Provide financial analyses as needed, in particular for capital investments, pricing decisions, and contract negotiations
- Prepare journal entries
- Maintain and reconcile general ledger accounts
- Maintain monthly audit binder
- Maintain fixed assets
- Oversee payables to ensure that accounts payable are paid in a timely manner
- Oversee receivables to ensure that accounts receivable are collected promptly
- Maintain the chart of accounts
- Maintain a documented system of accounting policies and procedures
- Maintain an orderly electronic accounting filing system
- Maintain a system of controls over accounting transactions
- Coordinate the provision of information to external auditors for the annual audit
- Assist with HR-related tasks, such as benefits administration and handling routine employee inquiries
- Lead and direct the work of others
- Perform other related duties as assigned
Competencies
- Dependability - Follows instructions, responds to management direction.
- Planning/Organizing -Prioritizes and plans work activities; uses time efficiently.
- Excellent attention to detail
- Able to work with a diverse group of people
Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Excellent interpersonal and communication skills, attention to detail, analytical skills, and ability to multi-task
- Competence in Microsoft Office tools, ERP, and payroll software
Education and/or Experience
- Bachelor's degree in Accounting, or equivalent combination of education and experience
- Must have 5 years of related work experience
Language Skills
- Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before groups of customers or employees of organization.
Reasoning Ability
- Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.
Computer Skills
- Microsoft Suite knowledge and abilities
- Proficiency in spreadsheet packages (Excel).
Education
Preferred- Bachelors or better in Accounting
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