What are the responsibilities and job description for the Controller position at ESCO Group - Scintilla?
CONTROLLER
Division: Scintilla dba ESCO Group
Location: Marion, Iowa (in-person)
Reports to: Chief Financial Officer
Exempt or Non-Exempt: Exempt
Status: Full-Time
Typical Working Hours: 7:30am to 4:30pm
May be required to work extended hours including holidays and weekends due to the 24 hours, 7 days a week, 365 days a year type of service ESCO provides its clients.
Synopsis:
The Controller will be responsible for managing the financial operations of the holding company and its subsidiaries. This role includes overseeing accounting practices, preparing financial reports, and ensuring compliance with financial regulations. The ideal candidate will have extensive experience in financial management, particularly within employee-owned business structures.
Background and Work Experience:
To be considered, candidates should have:
The Controller will be responsible for, but not limited to:
Division: Scintilla dba ESCO Group
Location: Marion, Iowa (in-person)
Reports to: Chief Financial Officer
Exempt or Non-Exempt: Exempt
Status: Full-Time
Typical Working Hours: 7:30am to 4:30pm
May be required to work extended hours including holidays and weekends due to the 24 hours, 7 days a week, 365 days a year type of service ESCO provides its clients.
Synopsis:
The Controller will be responsible for managing the financial operations of the holding company and its subsidiaries. This role includes overseeing accounting practices, preparing financial reports, and ensuring compliance with financial regulations. The ideal candidate will have extensive experience in financial management, particularly within employee-owned business structures.
Background and Work Experience:
To be considered, candidates should have:
- Education: Bachelor’s degree in accounting, finance, or related field; CPA or CMA preferred.
- Experience: Minimum of 10 years of progressive accounting experience, with at least 5 years in a senior financial management role. Experience with employee-owned businesses is highly desirable.
- Skills: Strong analytical, problem-solving, and decision-making skills. Excellent communication and interpersonal skills. Proficiency in accounting software and Microsoft Office Suite.
- Attributes: Detail-oriented, proactive, and able to work independently. Strong leadership and team management abilities.
The Controller will be responsible for, but not limited to:
- Team Leadership: Lead and mentor the accounting team, providing guidance and support to ensure high performance and professional development.
- Systems and Processes: Evaluate and improve accounting systems, processes, and software to enhance efficiency and accuracy for all ERP systems
- Employee Ownership: Manage financial aspects of employee ownership plans, including ESOP administration, valuation, and compliance.
- Financial Reporting: Prepare and present accurate and timely financial statements, including balance sheets, income statements, and cash flow statements for the holding company and its subsidiaries.
- Budgeting and Forecasting: Develop and manage annual budgets, financial forecasts, and variance analysis to support strategic planning and decision-making.
- Internal Controls: Establish and maintain robust internal controls to safeguard company assets and ensure financial accuracy and compliance.
- Compliance: Ensure compliance with GAAP, tax regulations, and other financial reporting requirements. Coordinate with external auditors and regulatory bodies as needed.
- Cash Management: Oversee cash flow management, including monitoring cash balances, forecasting cash needs, and optimizing working capital.
- Strategic Planning: Assist & collaborate with senior management to develop and implement financial strategies that align with the company's goals and objectives.
- Other: other duties and responsibilities as assigned or deemed necessary by management.
- Communication: Excellent verbal and written communication skills to effectively convey financial information to non-financial stakeholders.
- Leadership: Strong leadership abilities to inspire and guide the accounting team, fostering a collaborative and high-performing work environment.
- Empathy: Ability to understand and address the concerns and needs of employee-owners, promoting a supportive and inclusive workplace culture.
- Adaptability: Flexibility to adjust to changing business environments and priorities, ensuring the company remains agile and responsive.
- Problem-Solving: Strong analytical and problem-solving skills to identify issues, develop solutions, and implement improvements.
- Integrity: High ethical standards and integrity in all financial dealings, ensuring transparency and trustworthiness.
- Teamwork: Ability to work collaboratively with other departments and external stakeholders, building strong relationships and facilitating effective teamwork.
- Attention to Detail: Meticulous attention to detail to ensure accuracy and compliance in all financial reporting and processes.
- This position does not generally require overnight travel. Some daily travel may be required to other office locations, training, and seminars.
- The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
- While performing the duties of this job, the employee is frequently required to stand; walk; use hands to finger, handle, or feel; reach with hands and arms; climb or balance; stoop, kneel, crouch or crawl; and talk or hear.
- The employee must regularly lift and/or move up to 5 pounds, frequently lift and/or move up to 15 pounds, and occasionally lift and/or move up to 25 pounds.
- Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
- The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
- While performing the duties of this job, the employee will be in a professional office environment.
- All necessary personal protective equipment is provided to meet and, in some instances, exceed OSHA Regulations.