What are the responsibilities and job description for the Controller position at Kranz Consulting?
Eligible for Relocation
Position Overview:
The Corporate Controller will assume a critical leadership role, overseeing the company’s finance and accounting functions across both sites. Reporting directly to the CFO, the Corporate Controller will ensure timely and accurate financial reporting, including month-end close, budgeting, forecasting, and strategic financial analysis.
Key Responsibilities:
- Financial Reporting & Accounting: Lead the preparation and timely filing of accurate financial statements in compliance with US GAAP, ensuring proper treatment of revenue recognition under ASC 606 and ASC 605.
- Budgeting & Forecasting: Develop, manage, and execute the company’s annual budgeting process and periodic forecasting to support strategic decision-making. Provide variance analysis and insights to management.
- Revenue Recognition & Contract Accounting: Oversee ASC 606 and ASC 605 compliance for contract accounting, ensuring that revenue is recognized appropriately for long term fixed price contracts.
- Intercompany Eliminations & Consolidations: Ensure proper elimination of intercompany transactions for both Profit and Loss (P&L) and Balance Sheet and manage financial consolidations across two manufacturing sites.
- ERP Systems & Process Improvement: Oversee the implementation and effective use of manufacturing ERP systems for financial reporting and cost accounting. Drive continuous improvement (Kaizen) and LEAN initiatives within the finance and accounting function to increase efficiency, reduce costs, and enhance productivity.
- Leadership & Team Development: Lead and mentor a team of finance and accounting professionals, ensuring they have the tools and support necessary for success. Foster a culture of continuous improvement and accountability.
- Executive Collaboration & Reporting: Work directly with the CFO and C-Suite executives to provide actionable financial insights with a sense of urgency, including the preparation of weekly and monthly reporting packages to facilitate strategic decision-making.
Required Qualifications:
- Education: Bachelor’s degree in Accounting, Finance, or a related field. CPA required.
- Experience: Minimum of 8 years of accounting and finance experience, with at least 3 years in a leadership position, preferably in aerospace, defense, or manufacturing environments.
- Technical Skills: Strong experience with US GAAP, ASC 606 and ASC 605, intercompany eliminations, and financial consolidation. Advanced Excel skills, including proficiency with pivot tables, complex formulas, data consolidation, and large data set manipulation.
- Manufacturing ERP Systems: Proven expertise in using manufacturing ERP systems for financial reporting, inventory management, and cost accounting.
- Leadership: Demonstrated ability to lead and mentor finance and accounting teams, drive continuous improvement (Kaizen), and manage cross-functional collaboration.
- Interpersonal & Communication Skills: Excellent communication, problem-solving, and interpersonal skills, with the ability to interact effectively with C-Suite executives, the operating team, and external stakeholders.
- Travel: Willingness to travel approximately 20% of the time.
Preferred Qualifications:
- Familiarity with multi-site financial consolidation and reporting.
- Familiarity with cost accounting in manufacturing settings.
Responsibilities
- Oversee the annual budgeting process and the preparation and distribution of the monthly reports on budgets
- Identify opportunities to improve financial and operational systems and cost effectiveness
- Manage the annual audit process
- Conduct financial analysis and calculate operating metrics
Qualifications
- Bachelor's degree or equivalent experience in Accounting
- 7 years of accounting experience
- Highly organized with excellent attention to detail