Operational Controller

3 weeks ago

Old Saybrook, United States Creative Financial Staffing Full time

Controller-level Consulting Need

Our long standing manufacturing client is seeking a meticulous and strategic Controller to take the lead on "standing up" a the financial operations of a small subsidiary. The ideal candidate will have a strong background in financial reporting, compliance regulations, and project management. This role requires exceptional attention to detail, analytical skills, and the ability to collaborate effectively across teams.

This is a full-time consulting engagement, estimated to last 9-12 months.

Responsibilities:

  1. Government Compliance:

    • Ensure adherence to government regulations and compliance requirements.
    • Oversee project-based accounting for government contracts, including cost-sharing agreements.
    • Manage the financial aspects of projects involving the erection of buildings and supply of equipment for government entities.

  2. Financial Reporting:

    • Analyze and improve the current reporting processes to ensure accuracy and efficiency.
    • Collaborate with teams to understand transaction flows and identify areas for improvement in Accounts Payable (AP) and Accounts Receivable (AR) processes.
    • Address any discrepancies in reporting and implement solutions to streamline procedures.

  3. Team Infrastructure:

    • Build and develop the accounting team, making recommendations for hiring based on skillset and workload.
    • Provide guidance on staffing needs and allocate resources effectively to support increased transaction volume.

  4. Intercompany Transactions:

    • Manage intercompany billings wand oversee labor-related transactions.
    • Liaise with subsidiaries, including the Polish entity responsible for PBC board manufacturing, to ensure smooth coordination and financial transparency.

  5. International Presence:

    • Utilize experience in dealing with European entities to navigate international transactions effectively.

Qualifications:

  • Bachelor's degree in Accounting, Finance, or related field; MBA/CPA designation a plus.
  • Minimum of 10 years of experience in accounting, with a focus on government compliance and project-based accounting.
  • Strong understanding of government regulations and compliance requirement is a plus
  • Experience in managing financial reporting processes and improving efficiency.
  • Excellent analytical skills and attention to detail.
  • Proven ability to lead and develop teams, with effective communication and collaboration skills.
  • Prior experience in international transactions and dealing with European entities is a plus.

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