Assistant Controller

4 days ago

Morristown, Tennessee, United States The Work In Me, LLC Full time
Job Title: Assistant Controller

Our company, a leading manufacturer of aero engines and industrial gas turbine components, is a globally recognized public company with a remarkable 75-year history of growth and innovation. Renowned in the aerospace industry, we offer an exceptional company culture that fosters development and provides diverse opportunities. Forbes has honored us as one of the World's Best Employers, highlighting our commitment to excellence and inclusivity.

Why Consider This Role?
  • We are a publicly traded company on a path of continuous growth.
  • We offer comprehensive insurance coverage from day one.
  • We have an extremely competitive 401k matching and employer contribution program.
  • We have a vibrant company culture and collaborative team environment.
  • We provide access to excellent training programs for professional development.
  • We offer a free Fitness Center Membership.

The Assistant Controller supports the Plant Controllers in directly supervising the day-to-day general accounting functions, coordination of the month-end closing process, and daily/weekly monthly financial reporting. Assist in the development of financial plans and forecasts, and the analysis of operational results. Prime day-to-day responsibility will be cost accounting; monitoring and reporting inventories, standard cost revisions, and the operating budget and forecast will be key responsibilities.

Key Responsibilities:
  • Assist with General Accounting functions such as financial reporting, fixed assets management, inter-company accounting, and daily expense analysis.
  • Assist with month-end closing including preparing and posting journal entries and reconciling monthly ledger accounts and help establish accounting policies and procedures.
  • Assist in monitoring and managing Raw material, Work-in-process, and Finished goods inventory.
  • Assist in establishing and monitoring standard costs for each product and monitor MRP reports like Inventory, cost absorptions, and variances. Manage and analyze standard costs, BOM, and routers.
  • Assist in the preparation of the monthly business review and Business Unit Staff meeting packages.
  • Assist in financial, internal, and governmental audits to maintain compliance.
  • Perform a monthly testing of internal controls including SOX controls using Audit and self-assessed tools (ASAT) to ensure compliance with corporate standards and document observations using an online portal.
  • Assist the controller in monthly/quarterly/annual forecasting/budgeting as needed.
  • Assist the controller in monitoring and analyzing Key Performance Indicators (KPI) and Key Financial Indicators (KFI) to identify operational process inefficiencies and recommend necessary improvements.
  • Provide budget and project analysis for capital expenditure. Assist controller with financial payback and ROI analysis on capital projects as well as post-implementation project review on completed projects.
  • Participate in the company's continuous improvement projects to assist in identifying opportunities and implementing cost-saving objectives.
  • Assist on special projects for plant, division & corporate management.
Basic Qualifications:
  • Bachelor's Degree in Business Administration or Accounting is required.
  • Must have a minimum of five (5) years of relevant experience.
  • Advanced Microsoft Office skills, including Excel and PowerPoint.
  • Employees must be legally authorized to work in the United States. Verification of employment eligibility will be required at the time of hire. Visa sponsorship is not available for this position.

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