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Controller

2 weeks ago

Freeport, Pennsylvania, United States Sloan Lubrication Systems Full time

Are you looking for a rewarding career?

Sloan Lubrication Systems is a 4th generation family business. We design, manufacture, and install lubrication systems for multiple industries with a focus on natural gas compression, refining, and rotating machinery. Entering our second century of service, our objective is to grow our business in current and new markets while continuing to provide an excellent place to work for our team. The key to our growth is simple, we believe in enjoying what we do and treating our employees like family. We take care of our employees so they can take care of the customers.

Sloan Lubrication Systems is seeking an experienced and dedicated professional to join our close-knit team as Controller. In this role, you will help carry forward our tradition of excellence by delivering high-quality financial leadership and support that strengthens our company, our customers, and our employees.

Position Summary

The Controller is a senior financial position responsible for overseeing the company's accounting operations and ensuring the accuracy and integrity of financial information. As a key leader in the organization, the Controller will also contribute to strategic financial planning and decision-making, working closely with the CEO. The Controller will manage financial reporting, cost control, budgeting, and cash flow management, as well as overseeing members of the Accounting Department.

Duties & Responsibilities

Financial Reporting & Analysis

  • Oversee the preparation and review of all financial statements, including profit and loss statements, balance sheets, and cash flow reports.
  • Ensure the timeliness, accuracy, and compliance of all financial reports with applicable accounting standards and company policies.
  • Analyze financial performance, identifying variances between actual results and budgeted/forecasted numbers, and provide recommendations for corrective actions.
  • Communicate financial results and key performance metrics to the CEO

Strategic Financial Planning & Budgeting

  • Partner with the CEO to set financial goals, priorities, and long-term strategies for the business.
  • Lead the annual budgeting process, working cross-functionally to gather input from key departments.
  • Monitor business performance through financial modeling and forecasting, providing insights into trends, risks, and opportunities.
  • Drive cost-control initiatives, working closely with senior leadership to optimize financial performance.

Cash Flow & Working Capital Management

  • Oversee cash flow forecasting to ensure the business has the financial resources necessary to meet operational needs and capital investment goals.
  • Maintain a close focus on working capital management, including overseeing accounts receivable, accounts payable, and inventory management processes.
  • Analyze and report on inventory turns and manufacturing costs to improve working capital efficiency.

Internal Controls & Compliance

  • Develop, implement, and maintain internal financial controls and processes to safeguard company assets and ensure compliance with financial regulations and accounting principles.
  • Ensure that financial records are maintained in compliance with tax laws, statutory requirements, and industry standards.
  • Coordinate compliance with filings of all tax returns.
  • Coordinate and oversee the company's annual audit process, providing necessary documentation and responses to auditors.

Leadership & Team Management

  • Direct and supervise the Accounting Analyst, ensuring the accurate execution of daily accounting functions, including Accounts Payable, Accounts Receivable and assigned Analyst duties.
  • Foster a collaborative environment, encouraging accountability and professional development among team members.
  • Review and approve accounting entries, reconciliations, and any financial reports prepared by the Accounting Analyst.

Operational Support

  • Collaborate with the CEO and other senior leaders to assess operational performance and recommend initiatives to reduce costs and improve profitability.
  • Assist with pricing strategies and margin analysis, helping ensure that manufacturing costs are accurately tracked and controlled.
  • Provide financial support for capital expenditures, evaluating return on investment (ROI) for potential investments in production equipment, facilities, or other business assets.

Knowledge, Education and Experience Requirements

  • Bachelor's degree in Accounting, Finance, or related field required.
  • Minimum of 8 years of experience in accounting, with at least 2 years in a supervisory or leadership capacity.
  • Strong background in manufacturing accounting, including cost accounting, inventory management, and cost of goods sold analysis.
  • Experience working in a small to mid-sized business environment, with a hands-on approach to accounting and financial management.
  • Proven ability to manage both the transactional and strategic aspects of finance.
  • Strong understanding of financial accounting principles and corporate financial regulations.
  • Experience in financial modeling, budgeting, and forecasting.
  • Excellent analytical skills with the ability to assess complex financial data and present actionable insights.
  • Proficiency in ERP Systems, Accounting Software and Microsoft Excel.
  • Strong leadership and team management skills, with the ability to mentor and develop staff.
  • Strong organizational and time management skills, with the ability to manage multiple tasks and deadlines.

What We Offer

· Health Insurance

· Health savings account (HSA)

· Dependent care savings account (DCA)

· Flexible Spending Accounts (FSA)

· Vision insurance

· Life insurance

· Dental Insurance

· 401(k), company contribution

· PTO Program

· Paid Holidays

· Sam's Club Membership

· Cell Phone Allowance

Sloan Lubrication Systems is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Sloan Lubrication Systems complies with applicable Federal civil rights laws and does not discriminate on the basis of race, color, national origin, age, disability, or sex.

Sloan Lubrication Systems cumple con las leyes federales de derechos civiles aplicables y no discrimina por motivos de raza, color, nacionalidad, edad, discapacidad o sexo.

Benefits:

  • 401(k)
  • Dental insurance
  • Health insurance
  • Life insurance
  • Paid time off
  • Referral program
  • Vision insurance

Experience:

  • Accounting or Finance: 8 years (Required)

Ability to Commute:

  • Freeport, PA Required)

Work Location: In person