Controller

3 weeks ago

Worcester, United States Complete Staffing Solutions, Inc. Full time
Job DescriptionJob Description

Essential Functions:

· Oversee the preparation of accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.

· Utilize current ERP system (SAP) for efficient financial data management and reporting to leverage the capabilities for the required financial processes, including but not limited to product costing, inventory management, and financial reporting.

· Implement and manage cost accounting systems specifically tailored to manufacturing processes.

· Conduct regular cost reviews and analysis to identify cost-saving opportunities and enhance the organization's competitiveness in the market.

· Oversee the accurate valuation of inventory, considering various costing methods (FIFO, LIFO, weighted average) and ensuring compliance with accounting standards.

· Collaborate with the operations and supply chain teams to optimize inventory levels and minimize carrying costs.

· Identify opportunities for process improvement in cost accounting, inventory valuation, and financial reporting, particularly within the manufacturing domain.

· Streamline and optimize cost accounting, inventory valuation, and financial reporting procedures, embracing technological solutions where applicable.

· Collaborate with other departments to develop and monitor annual budgets and forecasts, with a specific focus on manufacturing cost components and inventory projections.

· Analyze budget variances related to manufacturing costs and inventory and provide insights to support informed decision- making.

· Coordinate and liaise with internal and external auditors during financial audits, particularly regarding manufacturing cost- related matters, taxation, SAP utilization, and inventory valuation.

· Address audit findings related to manufacturing, taxation, SAP, and inventory valuation, and implement corrective actions.

Qualifications & Competencies:

  • Bachelor's degree in Accounting, Finance, or related field.
  • Proven experience (5 years) in accounting, with a minimum of 2 years in a managerial role with a focus on manufacturing and inventory valuation.
  • Strong knowledge of accounting principles, financial regulations, and reporting standards.
  • Experience in cost accounting, tax management, SAP utilization, and inventory valuation within a manufacturing context.
  • Excellent analytical and problem-solving skills.
  • Proficient in using accounting software, MS Excel, and SAP.

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