Assistant Controller

2 weeks ago

Woodstock, United States AMETEK Full time

Ametek, Inc.

POSITION SUMMARY

Key member of the accounting staff, reporting directly to the VP-Finance. Responsible for various general Accounting functions and preparation of consolidated division reports for Corporate. Provides financial support & analysis to the Rotron sites in Woodstock, NY and El Cajon, CA as well as Divisional support. Responsible for Revenue Recognition Procedures, overseeing Accounts Payable, Accounts Receivable, Payroll. ASC606, General Ledger, Month End Close, Lease Accounting, Financial Statements.

SUPERVISORY RESPONSIBILITIES

  • Supervise General Accountants
  • Manage the month-end process for financial statements and cash flow for the Business Unit - including streamlining the reporting cycle.
  • The Assistant Controller has the task of making sure there are no errors on the company's financial statements for the Business Unit. In addition, active participation is required in the budget and forecasting process, and the management of working capital. Supporting the Business Unit team in generating accurate weekly forecasts, budgets, metrics, KPI's and a focus on cost management is essential.
  • Assist with the implementation of new accounting standards and manage training program for departmental personnel.
  • Reviews workflow to ensure that all accounting transactions are processed accurately and in compliance with industry standards.
  • Coordinates the activities of multiple functions involved in the preparation of Business Unit forecasts, budgeting, and reviewing manufacturing performance.
  • Established budgetary control systems and monitors compliance to budget and monthly forecasts.
  • Work with Production on KPI's and Engineering on VA/VE to provide monthly reports. Review excess & obsolete inventory on a quarterly basis - communicate to senior management any changes in reserved required.
  • Preparation of financial statements and generate summary reports.
  • Complete balance sheet flux analysis & bring issues to management attention during close.
  • Handles personally or supervises general ledger reconciliations.
  • Ensures compliance with all internal controls.
  • Assists VP of Finance with a variety of tasks as needed.
  • Reconciles trial balances to corporate office financials.
  • Has a good knowledge of GAAP and financial accounting standards.

REQUIREMENTS FOR CONSIDERATION

  • Hyperion Enterprise and Oracle experience a plus.
  • Understanding of ASC 606 Revenue Recognition.
  • SOX internal control assessments (Section 404) experience
  • Proficiency in Microsoft Excel required.
  • Ability to understand manufacturing environment and associated financial processes.
  • Possesses strong leadership, supervisory and management abilities.
  • Has excellent critical thinking as well as analytical skills.
  • Exhibits strong computer skills and demonstrates extensive knowledge of financial software programs.
  • This role interacts with all levels of management throughout the company. On a regular basis will be coordinating information between Sites, Business Units and executives which requires excellent communication skills.

EDUCATION/EXPERIENCE

  • Bachelor's degree (BA) in Accounting, Finance or related field required.
  • Two to Five years relevant accounting experience.

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