What are the responsibilities and job description for the Director, Accounting position at FASTENER DISTRIBUTION HOLDINGS LLC.?
Job Description
Job Description
FDH Aero is a trusted global supply chain partner for aerospace and defense companies. With more than 55 years of experience, it specializes in c-class components that include hardware, electrical, chemical, and consumable products and services for global OEM and aftermarket customers. At FDH Aero, we understand that the strength of our brand comes from our people, and our culture empowers every team member to contribute and grow. As a global team, our culture is rooted in five (5) core values that begin with the words “We are” and include : service-first, respectful, amplifiers, open-minded and accountable.
FDH Aero is headquartered in Commerce, California, and has operations across the Americas, EMEA and APAC. FDH Aero has locations in 14 countries across the globe, with more than 1,200 best-in-industry employees and over 650,000 square feet of inventory space.
For more information, please visit the FDH Aero website.
FDH Aero is looking for a Director, Accounting who will manage multiple accounting functions and operations such as general ledger, accounts payable, accounts receivable, revenue, asset, cost, and tax accounting. Implements accounting policies and procedures that adhere to governmental financial and tax regulations and comply with GAAP and IFRS standards. Senior Manager of Accounting oversees monthly, quarterly, and annual accounting close processes and reporting. Evaluates accounting processes and systems and implements optimizations. Additionally, Director, Accounting develops and directs accounting professionals and support staff. This role requires strong leadership skills, technical accounting expertise, and the ability to collaborate with other departments to support strategic business decisions.
Responsibilities :
- Manage the monthly accounting close process; ensuring all entries are posted timely with requisite IPE documentation / backup and all BS reconciliations are accurate / complete and in compliance with US GAAP
- Reconcile and review key high and medium risk balance sheet account reconciliations
- Assist Controller in monitoring the P&L to ensure posting accuracy and completeness
- Provide various monthly and quarterly complex journal entries including consolidations, eliminations, accruals, intangible and prepaid amortizations, and various allocation entries
- Manage a team of Accounting professionals and support staff across geographical regions, including establishment of goals and development of performance reviews
- Train and mentor junior staff
- Review intercompany transactions to include foreign business units and affiliates
- Generate the monthly financial reports and prepare the financial reporting packages
- Perform variance analyses with appropriate commentary and present results to management
- Develop and document business processes and accounting policies to maintain and strengthen internal controls
- Monitor and enforce compliance with accounting policies and procedures
- Coordinate more complex accounting projects and initiatives with other members of the accounting and finance team or with other departments
- Work closely with cross-functional teams (e.g., sales, operations, supply chain, IT HR) to support business needs and deliver financial insights
- Assist with audit preparation, investigate and resolve audit findings, account discrepancies and issues of non-compliance
- Prepare ad-hoc requests for executive leadership
- Assess current practices and procedures and drive improvements and standardization within the Controllership group
- Prepare and assist with Tax Returns as appropriate
- Suggest ways to improve efficiency and reduce spending
- Perform other duties as assigned
Basic Qualifications :
FDH is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.