Financial Controller

2 weeks ago

Bangor, United States C&L Aviation Group Full time

C&L Aviation Group, a growing international aviation company, has an opening at their Bangor, Maine office for a full-time Financial Controller/VP Finance.

The Company

C&L Aviation Group was founded more than 30 years ago as an aircraft parts distributor servicing the regional airliner market. Today the company has expanded beyond its original location in Australia to become a global aviation services and aftermarket support provider, focused on regional and corporate aircraft with additional locations throughout the United States and Europe.

Presently headquartered in a state-of-the-art 200,000-square-foot facility at Bangor International Airport in Maine, the company saves customers time and money by offering a one-stop-solution for sales, maintenance, avionics installations, interior refurbishments, exterior paint, component overhaul, and parts. Related services include corporate aircraft sales, charter, and management.

We hire the hardest working, most knowledgeable people in their field which has been the key to our exceptional growth. If you have an entrepreneurial spirit and drive to successfully accomplish goals in a fast-paced environment, we would like to get acquainted.

The Position

Financial Controller/VP Finance - Reporting directly to the CEO

This position has immediate responsibility for:

  • Maintaining existing accounting and reporting systems that properly reflect the financial position of the C&L Group. Experience with Quantum ERP is preferred, but not required
  • Ensuring compliance with GAAP
  • Lead accounting staff of 8 full-time employees

Accountabilities

Manages the accounting and reporting functions of the Group by:

  • Providing accurate and timely financial information
  • Ensuring the continued maintenance and development of internal control procedures to provide for the protection of Group assets
  • Oversees the financial reporting of the Group to various end users, both internal and external,
  • Responsible for the preparation of budgets and the periodic analysis of budget variances
  • Prepares and reviews financial projections
  • Understand key indicators and communicate changes in financial projections to the management team
  • Responsible for coordinating the filing of all applicable federal, state, and international income tax returns which are prepared by a third-party CPA firm
  • Responsible for the preparation of month-end financial statements
  • Responsible for new accounting standards, interpretations, and emerging guidance and their impact on the Group
  • Responsible for coordinating the preparation of all requested documents for the Groups' external financial statement audit
  • Develops and reviews accounting policies for the Group
  • Oversees the maintenance of the Groups fixed asset records and related depreciation schedules
  • Participates with personnel throughout the Group as necessary, to assist in the resolution of accounting and financial management issues
  • Oversees the supervision, training, and evaluation of accounting department staff
  • Responsible for the review of all general ledger reconciliations prepared by staff accountants
  • Monitors and reports job status activity
  • Analysis of job profitability and working with the sales team to determine the proper sales mix
  • Assists in maintaining relationships with bankers, external accountants, and insurance agents
  • Provide oversight and accept responsibility for staff accountants who are responsible for Payroll processing and benefit administration utilizing a third-party service provider
  • Responsible for coordinating and managing the company 401k
  • Assumes additional responsibilities as requested including, but not limited to the following:
  • Assists with special projects and assignments related to financial decisions
  • Serves as an informational resource for federal and state examiners, and internal and external auditors
  • Assists in ensuring that the Group complies with local, state, and federal regulations
  • Ensures continued maintenance and development of internal control procedures
  • Provides financial management support for projects as requested by Senior Management
  • Provides financial advice to CEO and proactively prepares for future requirements

Competencies

  • Leadership Motivates and encourages others; delegates routine and important tasks and decisions, shares information, creates an inclusive environment, recognizes success
  • Managing for Results keeps team accountable for actions, provides resources and support, applies clear and consistent performance standards
  • Inspires team in order to increase their work engagement
  • Adapts to change, is open to new ideas, takes on new challenges, handles pressure, adjusts plans to meet changing needs
  • Deals with others in an honest manner, is accountable for actions, maintains confidentiality, and supports company values
  • Strong understanding of the business world and the organization's market and environment backed by a ready grasp of what the company needs to succeed
  • Has good listening skills
  • A bachelors degree with an emphasis in finance, accounting, or economics is required. A masters degree or additional professional designation (e.g. CPA or CMA) highly preferred
  • A minimum of ten years of accounting, audit, and financial experience required with a demonstrated familiarity with accounting principles and corporate taxation
  • Significant work experience having been gained in a commercial environment
  • Comprehensive knowledge of broad-based financial functions in addition to financial accounting standards required
  • Demonstrated management and supervisory experience with strong interpersonal skills required
  • Strong communication and presentation skills required
  • Conceptual ability and the ability to handle problems
  • Some experience in the aviation industry would be a definite advantage but is not a requirement

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