Controller

Heathrow Scientific, Inc
Vernon, IL Full Time
POSTED ON 5/9/2024

HEATHROW SCIENTIFIC


CONTROLLER JOB DESCRIPTION


Heathrow Scientific is a leading manufacturer of innovative lab supplies and instruments. We are renowned for producing colorful, innovative, and functionally designed products. Founded in 1996, Heathrow Scientific is quickly establishing itself as the industry leader for lab supplies and instrumentation. Our team of engineering experts looks for ideas that will help ease repetitive motion, improve productivity, and offer smart, organizational solutions. Heathrow Scientific has built a strong and in-depth product portfolio that started from just two products. Today, the portfolio includes over 800 laboratory items which span multiple scientific categories including life sciences, clinical applications, academic and government research. Heathrow has Customers in over 75 countries and exports roughly half its sales.


Heathrow Scientific, A Great Places to Work company located in Vernon Hills, Illinois is looking for a Controller, preferably with manufacturing experience, to oversee all aspects of finance, accounting, and reporting activities. The individual must take a hands-on approach to the management of the team, as well as the drive for process improvement in finance. The Controller will play a significant leadership role in establishing the culture and strategic direction of the company by partnering with leadership and providing market analysis.


RESPONSIBILITIES

The individual in this role will:


  • Oversee all accounts, ledgers and reporting system ensuring compliance with appropriate GAAP standards and regulatory requirements.

  • Manage the accuracy and productivity of day-to-day activities of accounts payable, accounts receivable, cash management, interfacing with the bank, credit card management, internal checks, and balances.

  • Take ownership of the general ledger, including monthly financial close, expense accruals, reconciliations and journal entries and preparation of related financial reports.

  • Coordinate all audit activity with the outside accountants.

  • Interface with commercial insurance brokers on annual renewal of business lines of insurance; oversee the administration of the insurance policies.

  • Partner with HR on payroll, benefits administration, and renewals.

  • Analyze financial data and present financial reports in an accurate and timely manner, clearly communicate monthly, quarterly, and annual financial statements.

  • Prepare budgets by establishing schedules, collecting, analyzing, and consolidating financial data and recommending plans.

  • Enhance and/or develop, implement, and enforce policies and procedures of the organization by way of our internal systems that will improve the overall operation and effectiveness of the corporation by the consistent use of technology.

  • Manage and comply with local, state, and federal government reporting requirements and tax filings.

  • Provide strategic financial leadership and support on the evaluation of potential alliances, acquisitions, mergers, and investments and/or other issues affecting the business including but not
  • limited to: conducting due diligence reviews, provide financial modeling, finance equity and debt, negotiate deals, and manage all 3rd party professionals for mergers/acquisitions.

  • Lead and manage finance team, must demonstrate the ability to hold team accountable. Strong team leadership and collaboration skills required.


REQUIREMENTS

  • Bachelor’s degree required in Accounting or Finance, CPA or MBA preferred.
  • Strong interpersonal and communication skills, experience in effectively communicating key data, including presentations to senior management and/or outside partners.
  • 7-10 years of relevant financial and operational experience.
  • Experience in ERP system- Microsoft NAV, fixed assets systems, knowledge of COGNOS a plus and previous experience in a distribution and/or manufacturing environment.
  • Advanced computer skills Word, Excel (Macros, V-lookups, Pivot Tables) and PowerPoint
  • Ability to innovate and improve reporting.


IDEAL ATTRIBUTES

  • Strong sense of ownership and accountability
  • Self-motivated, willing to go beyond the minimum expected
  • Superior written and verbal communication skills
  • Curious


PHYSICAL DEMANDS

  • Standing – up to 10%
  • Sitting – up to 90%
  • Computer usage – 95%
  • Ability to lift 25lbs.

Salary.com Estimation for Controller in Vernon, IL

$248,737 - $404,820

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