Controller

4 weeks ago

Cleveland, United States Hemly Tool Supply Full time
Job DescriptionJob Description

Job Title: Controller

Location: Thompson, Ohio

Company Overview:
Hemly Tool and Supply Inc. is a growing Industrial Distributor with annual sales of $13 million. We are dedicated to providing high-quality products/services to our customers and maintaining strong financial health. We are seeking an experienced and detail-oriented Controller to join our team and take ownership of the company’s accounting and financial reporting functions.

Job Summary:
The Controller will be responsible for managing all aspects of the company’s accounting operations, including the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls designed to mitigate risk. The Controller will ensure that all financial reporting is accurate, timely, and complies with generally accepted accounting principles (GAAP). This role is critical to ensuring the financial stability and growth of the company.

Key Responsibilities:

  • Financial Reporting:
    • Prepare and analyze monthly, quarterly, and annual financial statements, ensuring accuracy and adherence to GAAP.
    • Provide financial analysis and reports to the CEO and senior management to support strategic decision-making.
    • Oversee the preparation of budgets and financial forecasts and report variances.
  • Accounting Operations:
    • Manage the accounting department, including accounts payable, accounts receivable, payroll, and general ledger functions.
    • Ensure timely and accurate processing of financial transactions and reconciliation of all accounts.
    • Maintain and enforce a system of internal controls to safeguard company assets.
  • Cash Management:
    • Monitor cash flow and manage cash balances to ensure sufficient liquidity for operations.
    • Coordinate and manage relationships with banks and other financial institutions.
  • Compliance:
    • Ensure compliance with local, state, and federal reporting requirements and tax filings.
      • Coordinate the preparation of the company’s annual tax return with external tax advisors.
      • Prepare for and coordinate external audits, ensuring timely completion and compliance with audit standards
    • Process Improvement:
      • Continuously evaluate and improve accounting processes and systems for efficiency and accuracy
      • Implement best practices in financial management and reporting
    • Team Leadership:
      • Supervise and mentor accounting staff, fostering a collaborative and productive work environment
      • Provide ongoing training and development opportunities for the accounting team

Qualifications:

  • Bachelor’s degree in Accounting, Finance, or related field (CPA or CMA preferred)
  • Minimum of 5-7 years of progressive accounting experience, with at least 2 years in a supervisory or management role
  • Strong knowledge of GAAP and financial reporting standards
  • Experience with accounting software (e.g., QuickBooks, Sage, or similar) and advanced proficiency in Microsoft Excel
  • Excellent analytical and problem-solving skills, with a high attention to detail
  • Strong organizational and time management abilities, with the capability to handle multiple priorities
  • Effective communication and interpersonal skills, with the ability to interact with all levels of the organization
  • Experience in a small to medium-sized business environment preferred

Benefits:

  • Competitive salary commensurate with experience
  • Retirement plan with company match
  • Short term Disability
  • Paid time off and holidays
  • Opportunities for professional development and advancement
Company DescriptionOur company with 44 years of trusted experience is not only growing but also deeply committed to the community, valuing every employee's contribution and upholding a strong reputation in the marketplace.Company DescriptionOur company with 44 years of trusted experience is not only growing but also deeply committed to the community, valuing every employee's contribution and upholding a strong reputation in the marketplace.

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