Assistant Controller

Employer: Major Drilling America  

Title: Assistant Controller 

Job Duties:

1. Oversee all aspects of the revenue and drilling process and review information captured by the Major Timesheet and Billing (MTB) program, including drilling data, invoicing, and payroll. 
2. Implement and oversee document management system using Enterprise Resource Planning (ERP) to improve workflow, regulatory compliance, document security, and standardization.
3. Provide support in the preparation of financial reports in each reporting period. 
4. Analyze, evaluate, and present information explaining variances on the job cost reports, track cost, and provide relevant information for changes in General Ledger (GL) accounts.
5. Oversee and provide training on the Accounting Software, Industrial and Financial Systems (IFS) to ensure accurate book numbers and control costs. 
6. Manage the cash in and outflow of the company to ensure that the daily operational funding requirements are met. 
7. Ensure compliance with U.S. Taxes, permits, and licensing requirements.
8. Perform cost analysis on the performance of diamond bits, rods and casings, and their effect on the project. 
9. Manage and organize the procurement process to increase efficiency. 
10. Manage overall operational and Capital Expenditure (Capex) budgets, forecasting, preparing financial statements and reports, payroll, cash management, accounts receivable, accounts payable, and inventory control. 
11. Lead all audits, including the yearly financial, 401K, and government audits.
12. Perform periodic internal audits to ensure compliance and adherence to U.S. GAAP and IFRS Accounting Standards.
13. Prepare high-level reports for the Senior Finance team, for the quarterly performance reviews, including monthly gross margins, inventory levels, and expenditure analysis per department.
14. Analyze budget components and determine forecast estimates.
15. Perform invoice processing, including control and tracking of project revenues.
16. Expense management, including design, implementation, monitoring tracking, and expenditure reports.
17. Perform cost analysis of drills, such as reverse circulation, core drilling, rotary drilling, and percussive drilling. 
18. Perform analysis on the price and tendency of commodities including gold, copper, and nickel, and their effect on a project’s forecast and duration. 
19. Perform cost analysis of inventory, including the cost of rods, casing, diamond bits, and muds and their use in each project.  

Educational Requirement: B.S degree in Accounting, Finance, Business, or a closely related field.

Experience Required: Five years as an Assistant Controller, Internal Auditor, External Auditor, Business Accountant, or closely related field.

Special Requirements:

Five years as an Assistant Controller, Internal Auditor, External Auditor, Business Accountant, or closely related field must be with a company involved in mining operations. 

Demonstrable knowledge of and prior experience in: 

1. Using IFS to control costs and ensure accurate numbers on the books. 
2. Implementing a document management system using ERP to improve workflow, regulatory compliance, document security, and standardization.
3. Ensuring compliance and adherence to US. GAAP and IFRS Accounting Standards.
4. Managing overall operational and Capex budgets, forecasting, preparation of financial statements and reports, payroll, cash management, accounts receivable, accounts payable, and inventory control. 
5. Analyzing budget components and determining forecast estimates.
6. Invoice processing, including control and tracking of project’s revenues.
7. Expense management, including design, implementation, monitoring tracking, and expenditure reports.
8. Knowledge of different types of drills including reverse circulation, core drilling, rotary, and percussive drilling to analyze costs. 
9. Knowledge of price and tendency of commodities including gold, copper, and nickel and how it can affect a project’s forecast and duration. 
10. Understanding of the main items of inventory, such as rods, casing, diamond bits, muds, and their use in each project.  

Work Hours:  Full time, 40 hours/week. Monday-Friday 8:00 a.m. - 5:00 pm.  

Worksite Address: 2200 South 4000 West, Salt Lake City, Utah 84120.

Travel Requirements: Twice a year, domestic travel to go to project site for a week. 

To Apply:  Only qualified applicants need apply. Do not apply if you are an H-1 or F-1 visa holder, or if you otherwise require employer sponsorship to obtain U.S. employment authorization. Do not apply if you are not eligible to be employed in the U.S.