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Assistant Controller

4 months ago

Rancho Santa Margarita, United States Palomar Secure Communication Systems (SCS) Solutions Full time

Position Title:

Assistant Controller Reports To: Vice President of Finance

Palomar Products Founded in 1970 and located in Rancho Santa Margarita, CA, Palomar Products is a global leader in highly reliable secure intercommunication systems for airborne and naval military applications. This includes switching and crew-position units for airborne, shipboard, unmanned, and ground applications for multi-mission platforms. Our systems operate in over 250 unique aircrafts and 9 classes of naval warships around the globe.

Job Summary A high profile and respected position which requires effective interaction with all levels within the Company plus provides leadership and hands-on management of the finance function in support of Company objectives. Responsibilities may include but not be limited to: Inventory Costing, General Ledger, Financial Reporting, Daily Reporting, Business Analysis, Sox Compliance, and Audit Liaison. Direct reports may include but not be limited to: Sr. Accountant, A/R, A/P and Payroll.

Primary Responsibilities Essential functions of the position include, but are not limited to: Leads the monthly closing, financial reporting and analysis in a compressed 3-day reporting schedule. Participate in the company's continuous improvement projects to assist in identifying opportunities and implement cost-saving objective. Analyzes and reports on budget vs actual expense performance Assist in the preparation of the monthly business review and Business Unit Staff meeting packages Assist controller in monthly/quarterly/annually forecasting/budgeting as needed Develops forecasts and annual budgets consistent with company objectives. Develops business analyses to help identify areas to improve financial performance and support business decision making. Assist controller to monitor and analyze Key Performance Indicators (KPI) and Key Financial Indicators (KFI) to identify operational processes inefficiencies and recommend necessary improvements Participates in cost productivity reviews and validates cost savings on a quarterly basis. Monitors operational activities for compliance with internal control procedures and SOX requirements. Coordination of all external audit activities including timely provision of audit schedules as required. Oversees the cost accounting activities to ensure the ongoing accuracy of product cost information in an actual cost system. Reviews the inventory accuracy and monitors cycle count activity to ensure compliance with stated policy. Oversees all account reconciliations to ensure they completed on a timely basis Oversees Accounts Payable and Accounts Receivable functions Evaluates the Accounting Team workload and streamlines processes where possible. Special projects as required. Position Title:

Assistant Controller Reports To: Vice President of Finance

Palomar Products Founded in 1970 and located in Rancho Santa Margarita, CA, Palomar Products is a global leader in highly reliable secure intercommunication systems for airborne and naval military applications. This includes switching and crew-position units for airborne, shipboard, unmanned, and ground applications for multi-mission platforms. Our systems operate in over 250 unique aircrafts and 9 classes of naval warships around the globe.

Job Summary A high profile and respected position which requires effective interaction with all levels within the Company plus provides leadership and hands-on management of the finance function in support of Company objectives. Responsibilities may include but not be limited to: Inventory Costing, General Ledger, Financial Reporting, Daily Reporting, Business Analysis, Sox Compliance, and Audit Liaison. Direct reports may include but not be limited to: Sr. Accountant, A/R, A/P and Payroll.

Primary Responsibilities Essential functions of the position include, but are not limited to: Leads the monthly closing, financial reporting and analysis in a compressed 3-day reporting schedule. Participate in the company's continuous improvement projects to assist in identifying opportunities and implement cost-saving objective. Analyzes and reports on budget vs actual expense performance Assist in the preparation of the monthly business review and Business Unit Staff meeting packages Assist controller in monthly/quarterly/annually forecasting/budgeting as needed Develops forecasts and annual budgets consistent with company objectives. Develops business analyses to help identify areas to improve financial performance and support business decision making. Assist controller to monitor and analyze Key Performance Indicators (KPI) and Key Financial Indicators (KFI) to identify operational processes inefficiencies and recommend necessary improvements Participates in cost productivity reviews and validates cost savings on a quarterly basis. Monitors operational activities for compliance with internal control procedures and SOX requirements. Coordination of all external audit activities including timely provision of audit schedules as required. Oversees the cost accounting activities to ensure the ongoing accuracy of product cost information in an actual cost system. Reviews the inventory accuracy and monitors cycle count activity to ensure compliance with stated policy. Oversees all account reconciliations to ensure they completed on a timely basis Oversees Accounts Payable and Accounts Receivable functions Evaluates the Accounting Team workload and streamlines processes where possible. Special projects as required.

Basic Qualifications

Bachelor’s Degree in Business Administration or Accounting is required. Minimum of five (5) years of relevant experience. Experience working in a manufacturing company required. Experience in Financial Accounting and Cost Accounting required. Demonstrated ability to thoroughly understand a business's strategy and determine linkages to financial initiatives and drivers. Experience managing people, projects, and tasks ensuring appropriate responsiveness and priority. Demonstrated ability to lead, develop, and retain associates within the finance organization. Strong communication skills with the ability to interact at all levels within the organization and influence processes across multiple functions and stakeholders. Highly computer proficient, including advanced capabilities with Excel. Employees must be legally authorized to work in the United States. Verification of employment eligibility will be required at the time of hire. Salary Range: $100k-$140K

*To comply with U.S. export laws and regulations, Palomar Products Inc. operations in the U.S. may only employ "U.S. Persons" as defined by the International Traffic in Arms Regulations (ITAR). **Equal Employment Opportunity (EEO) and Affirmative Action (AAP) Employer

Palomar Products is proud to be an equal opportunity workplace and is an affirmative action employer. We are committed to equal employment opportunity regardless of age, race, color, religion, sex, sexual orientation, gender identity or expression, medical condition, national origin, marital status, disability, pregnancy or parental status, childbirth, genetic information, or military and veteran status. Request an Accommodation. Read further information regarding Affirmative Action narrative availability.

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