Controller

2 weeks ago

Saginaw, United States Linear Motion Full time

Job Type

Full-time

Description

Summary:

UmbraGroup-Thomson Aerospace & Defense (Linear Motion, LLC) is an agile, passionate partner revolutionizing motion solution. We are an Intelligent Partner who works with passion and dedication always offering innovation, flexible and customizable solutions based on our customer's needs, creating products that can revolutionize a constantly changing market. We are an intelligent supplier of actuators, ball screws, bearings, and components in high-tech markets. Excellent service is the foundation of our business, and we work to be FIRST (Customer Focused, Innovation, Respect, Social Responsibility, Teamwork).

Responsible for directing fiscal functions of the corporation in accordance with generally accepted accounting principles issued by the Financial Accounting Standards Board, other regulatory and advisory organizations and in accordance with financial management techniques/ practices appropriate within the software industry and for newly public companies.

Essential Duties and Responsibilities:

  • Lead the operations of the finance department which includes accounts payable, billings & collections, and payroll.
  • Work closely with executive team and partners to ensure that firm-wise operation is efficient and effective.
  • Review deliverables of self and team to align with client expectations
  • Responsible for month-end and year-end close of income statement and balance sheet, account reconciliations & G/L analysis
  • Research, plan, and implement Finance Department initiatives including software and systems implementation and other departmental or firm-wide improvements, as needed
  • Give executive committee and partners monthly financial reports.
  • Manage the production of the annual budget, forecasts, and monitor them monthly
  • Ensure timely cash collection by driving the timing for the monthly billing and other cash management techniques
  • Manage daily cash and prepare cash-flow reports, projecting cash needs at weekly and monthly intervals
  • Evaluate, apply and refine policies, procedures, controls and most methodologies.
  • Comfortable handling responsibilities beyond formal job duties.
  • Understand and manage the ERP system to comply with US GAAP, federal, state and local taxes
  • Plan, develop, organize, implement, direct, and evaluate the organization's fiscal function and performance.
  • Participate in the development of the corporation's plans and programs as a strategic partner.
  • Enhance and/or develop, implement and enforce policies and procedures of the organization by way of systems that will improve the overall operation and effectiveness of the corporation.
  • Provide timely and accurate analysis of budgets, financial reports and financial trends to assist the CEO/President and the Board and other senior executives in performing their responsibilities.
  • Provide technical financial advice and knowledge to others within the financial discipline.
  • Continual improvement of the budgeting process through education of department managers on financial issues impacting their budgets.
  • Provide strategic financial input and leadership on decision making issues affecting the organization, i.e., evaluation of potential alliances acquisitions and/or mergers and pension funds and investments.
  • Optimize the handling of bank and deposit relationships and initiate appropriate strategies to enhance cash position.
  • Develop a reliable cash flow projection process and reporting mechanism which includes minimum cash threshold to meet operating needs.
  • Be an advisor from the financial perspective on any contracts into which the Corporation may enter.
  • Evaluation of the finance division structure and team plan for continual improvement of the efficiency and effectiveness of the group as well as providing individuals with professional and personal growth with emphasis on opportunities (where possible) of individuals.
  • Ensure accurate ERP costing data.
  • Lead in 5s' and Lean manufacturing activities.
Requirements

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.
  • Due to ITAR regulations, must be a U.S. Person
  • Experience working in a multi-national corporation/foreign managed environment
  • Experience in commercial and government program proposals, and milestone payment plans
  • Experience with contracting, DoD and/or Commercial Aerospace
  • Broad understanding of Generally Accepted Accounting Principles (GAAP), and International Financial reporting Standards (IFRS) as it relates to industrial manufacturing.
  • Excellent technology, analytics, and management experience
  • Comprehensive knowledge of Microsoft Excel
  • Progressive accounting experience-Controller preferred
  • Comfortable working in a changing and dynamic environment
  • Excellent written, verbal, and social communication skills
  • Dedication and requisite skills to meet critical business deadlines
  • Strong analytical skills, with the ability to exercise good judgement and make decisions based on accurate and timely analysis
  • High attention to detail
  • Possesses excellent organizational and writing skills
  • Demonstrate ability to work in a team environment and develop talent
Education/Experience:
  • BA/BS in Accounting, Finance, Economics or another business-related field & 7 to 10 years of prior relevant experience
Preferred

Master's in business administration or accounting

Certificates and Licenses:

CPA-Preferred

Supervisory Responsibilities:
  • Manages employees in the accounting department.
  • Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
  • Outstanding communication skills, excellent interpersonal skills, both oral and written, and ability to build as well as deliver effective presentations
Language, Math, and Reasoning Ability:
  • Ability to define problems, collect data, establish facts, and draw valid conclusions.
  • Ability to write routine reports and correspondence.
  • Ability to speak effectively before groups of customers or employees of the organization.
  • Ability to apply advanced mathematical concepts such as exponents, logarithms, quadratic equations, and permutations.
  • Ability to apply mathematical operations to such tasks as frequency distribution, determination of test reliability and validity, analysis.


Computer Skills:

Experience in Microsoft Office Suite, Microsoft D365 ERP & PowerBI, or similar programs

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

The employee must occasionally lift and/or move up to 35 pounds. While performing the duties of this job, the employee is frequently required to stand, walk, and talk or hear. The employee is occasionally required to sit. The noise level in the work environment is in an office environment to moderate.

EOE

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