Controller

Valley Tool & Mfg., Inc.
Milford, CT Full Time
POSTED ON 7/20/2024 CLOSED ON 8/4/2024

What are the responsibilities and job description for the Controller position at Valley Tool & Mfg., Inc.?

The Controller will lead the Accounting department and oversee all accounting as detailed below:

Please be advised: Experience with Global Shop (ERP) is necessary.

Essential Duties and Responsibilities include, but, are not limited to the following.

  • Manage all aspects of Accounting: Financial Statements, General Ledger, Inventory, Fixed Assets, Cost, quarterly Bid & Proposal Rate Development, Billing, Payroll, Accounts Receivable, Accounts Payable, Property & Real Estate Tax Filings, Audit Liaison, Procedure Documentation Ad Hoc Variance Analysis as required
  • Prepare and organize Financial Statements for record and review
  • Prepare and Oversee Journal Entries, Account Reconciliations. Ensure subsidiary systems balance to the General Ledger
  • Responsible for Inventory (Finished Goods, WIP, Raw Materials) with emphasis on Control / Analysis / Reductions / Turns / Cycle Counts / Quarterly and Annual Counts
  • Prepare Fixed Asset Requests, providing justification related to increased throughput or cost reduction.
  • Perform Cost evaluation related to the manufacturing process including Make or Buy decisions
  • Provide quarterly updates of D/L, O/H & G&A rates to sales for Sales bidding models
  • G/L input and Review of weekly Payroll in cooperation with HR
  • Oversee and direct, Accounts Receivable, Collections and Accounts Payable. Set credit terms with approval of the President
  • Prepare Property Tax Filings, as necessary
  • Source for External Audit requests both with Corporate and State Sales Tax
  • Documentation of all accounting process for compliance with AS9100 D
  • Variance Analysis as needed
  • Any other Duties or Projects as directed by the President

Qualifications & Skills:

  • Bachelor’s degree in accounting
  • Ideal candidate to have 5 to 10 years of experience in a business with 20 million in sales and 125 or more people.
  • Previous experience as an accountant, accounting supervisor, and manager
  • Ability to juggle multiple priorities at once.
  • Excellent computer skills: Advanced Excel skills required. Willingness to or previous experience implementing new ERP systems Global Shop experience necessary.
  • Exceptional knowledge of finance, accounting, budgeting, cost accounting and cost control principles, and Generally Accepted Accounting Principles (GAAP)
  • Analytical ability to develop implement and document process improvements.
  • Able to work well with management team, as well as mentor/lead other team members

ITAR Statement: Pursuant to ITAR, EAR, and other export compliance laws and regulations, applicants for this position must be U.S. Persons as defined by U.S. law, i.e., U.S. citizens, lawful permanent residents ('Green Card' holders), persons granted refugee status or asylum status in the United States, or temporary residents granted amnesty.

Job Type: Full-time

Pay: From $125,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Experience level:

  • 5 years

Schedule:

  • Monday to Friday

Experience:

  • in a business with 20 million in sales & 125 people: 5 years (Required)
  • Global Shop ERP: 1 year (Required)

Ability to Commute:

  • Milford, CT 06461 (Required)

Ability to Relocate:

  • Milford, CT 06461: Relocate before starting work (Required)

Work Location: In person

Salary : $125,000

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