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Senior Financial Manager

2 months ago

Glen Burnie, Maryland, United States Jobot Full time
Our client is a prominent player in the manufacturing sector, experiencing significant growth.

About the Role:
The Financial Controller will be pivotal in managing the company's financial functions, including the General Ledger, Accounts Receivable, Accounts Payable, and Payroll. This role demands a detail-oriented and analytical professional with substantial experience in the manufacturing field. The Financial Controller will ensure the accuracy and compliance of financial data while offering strategic insights to guide business decisions.

Key Responsibilities:

1. General Ledger Management:
  • Oversee the general ledger maintenance, ensuring precise recording of all financial transactions.
  • Manage month-end and year-end closing activities, including journal entries, reconciliations, and financial reporting.
  • Ensure adherence to Generally Accepted Accounting Principles (GAAP) and company policies.
  • Prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements.
  • Conduct variance analysis and provide explanations for deviations from budgeted figures.

2. Accounts Receivable:
  • Lead the accounts receivable team to ensure timely billing and collection of customer payments.
  • Monitor aging reports and implement strategies to minimize outstanding receivables.
  • Review and approve credit terms for customers.
  • Manage customer payment applications and resolve discrepancies.
  • Collaborate with sales and customer service to enhance the order-to-cash process.

3. Accounts Payable:
  • Supervise the accounts payable team to ensure accurate processing of vendor invoices.
  • Establish internal controls to prevent fraud and ensure compliance.
  • Manage vendor relationships, including negotiating payment terms.
  • Approve payment runs and ensure cash flow requirements are met.
  • Conduct audits of accounts payable processes for improvement opportunities.

4. Payroll Management:
  • Oversee the payroll team to ensure accurate processing of employee payroll.
  • Ensure compliance with payroll regulations at all levels.
  • Manage payroll reporting and filing of payroll taxes.
  • Resolve payroll discrepancies promptly.
  • Work with HR on compensation and benefits administration.

Qualifications:
  • Bachelor's degree in Accounting, Finance, or a related field is required; a Master's degree or CPA/CMA certification is preferred.
  • 8-10 years of progressive accounting experience, with at least 5 years in a supervisory role within manufacturing.
  • Proficiency in ERP systems (e.g., SAP, Oracle) and advanced Excel skills.
  • Strong understanding of GAAP, cost accounting, and financial analysis.
  • Proven leadership abilities with strong interpersonal skills.
  • Excellent analytical skills with attention to detail.
  • In-depth knowledge of regulatory requirements and compliance experience.

Key Competencies:
  • Strategic Thinking: Ability to provide financial insights aligned with company goals.
  • Integrity: Commitment to ethical standards and transparency.
  • Adaptability: Thrive in a fast-paced environment with multiple priorities.
  • Collaboration: Strong teamwork skills across functions.
  • Communication: Effective communication of financial information to non-financial stakeholders.