Controller
Apply NowCompany: Vj Technologies Inc
Location: Bohemia, NY 11716
Description:
Divisional Controller - Industrial Systems Division
Hands-on accounting professional responsible for the accurate processing and reporting of all financial transactions carried out by this Division using project-based accounting methodologies. Duties will include cash flow and accounts receivable management, budget development and oversight, approval of project-based expenditures, oversight of accounts payable activities, generation of weekly/monthly/quarterly/ annual financial reports for management.
Job Description:
Create and implement financial controls, procedures and reporting requirements to ensure the Division always performs in a fiscally responsible manner and in sync with the goals, objectives, and directives of Sr. Management.
Continuously work with Project Management and Project Execution team to establish and track project budgets, manage project cash flow, track project schedules and ensure compliance with established commercial terms and conditions.
Ensure all invoices are generated and submitted on time and track until payment received.
Establish procedures and make recommendations for optimizing client billing and ensuring maintenance of a positive cash flow at the Divisional level.
Oversee accounts payable activities and ensure accurate and timely processing.
Ensure all project-based expenditures are processed in accordance with established procedures and project budgets and schedules.
Monitor project task completion as well as purchasing and material control activities to ensure accurate completion according to schedule and budget.
Make certain the services of all project subcontractors, fabricators and vendors are retained in accordance with project budgets and schedule requirements and in compliance with all Company and customer operating guidelines, protocols and contractual requirements.
Prepare applicable weekly/monthly/quarterly/ annual reports for management on key Divisional and project-based criteria such as P&L, cash flow, performance against budgets and sales forecasts as well as accounts payable and accounts receivable aging
Ensure compliance with applicable customer and government contractual requirements, including applicable FAR and DFAR regulations.
Work with sales team pre-sale to fully understand project scope and approve pricing and budget.
Effectively communicate with Sales and Project Management regarding contract documents, commercial terms and conditions, change orders and contract modifications.
Monitor and reconcile applicable GL and balance sheet accounts and activities to ensure proper transactional flow and accurate recording at the project, GL and P&L level
Optimize use of the ERP (MS AX) system
Manage inventory levels and valuations and conduct physical audits no less than once per quarter.
Divisional Controller - Industrial Systems Division
Work on related special projects for Chief Operating Officer as applicable
Potential travel to sister facilities within the US, India, China, and France.
Essential Skills:
Degree in Finance, Accounting or other related discipline
Minimum five (5) years of experience in an accounting role for a manufacturing company with at least three (3) years of supervisory or oversight responsibilities.
Two (2) years of project/cost accounting experience.
Proficiency in the use of an ERP or MRP system
Thorough knowledge of standard contract terms and conditions
Capable of thriving in a fast paced, demanding environment and effectively communicating with customers, vendors, and employees at all position levels.
Must be able to quickly assess project status and take appropriate action to control expenditures, adhere to budgets, maintain a positive cash flow, and achieve desired gross margins.
Skilled in MS Office Suite
Well defined organizational and time management skills coupled with the ability to operate independently and apply problem-solving skills with minimal guidance by management.
Non-Essential Skills:
MBA, or equivalent advanced Degree
Familiarity with MS AX ERP systems
Prior experience in a QA controlled design environment. (ISO 9000, NQA-1, or similar)
Experience with MS Project
Prior experience working for a Government subcontractor.
Physical Demands:
Regularly required to sit, walk, bend and stand.
Potential travel via air, rail and car.
Expected to effectively communicate in person, on phone, and via email and other electronic devices on a continual and repetitive basis.
Will need to repeatedly use hands to finger, handle, feel and operate standard office equipment
Day to day responsibilities could require lifting and moving of materials up to 25 pounds.
Occasionally will be required to lift, move, erect and assemble marketing and tradeshow materials and equipment up to 50 pounds and of varying height, length and width dimensions.
Specific vision abilities required include close vision, distance vision and the ability to adjust focus.
Mental Demands:
Divisional Controller - Industrial Systems Division
On a regular basis, will be required to:
o use written and oral communication skills
o read and interpret data, information and documents
o analyze and solve non-routine and complex office administrative problems
o be creative, make judgements, use reasoning and make decisions
o observe and interpret situations
o learn and apply new information or skills
o perform detailed work on multiple, concurrent tasks
o work under intensive deadlines with frequent interruptions
o interact with internal and external customers holding positions from a wide array of disciplines and organizational hierarchy levels
May need to interface with and effectively manage difficult/demanding individuals.
Must be able to fulfill essential job function in a consistent state of alertness and safe manner
This position has been deemed a Safety Sensitive position.
The responsibilities and skills noted within this job description are not all inclusive and are subject to change.
Hands-on accounting professional responsible for the accurate processing and reporting of all financial transactions carried out by this Division using project-based accounting methodologies. Duties will include cash flow and accounts receivable management, budget development and oversight, approval of project-based expenditures, oversight of accounts payable activities, generation of weekly/monthly/quarterly/ annual financial reports for management.
Job Description:
Create and implement financial controls, procedures and reporting requirements to ensure the Division always performs in a fiscally responsible manner and in sync with the goals, objectives, and directives of Sr. Management.
Continuously work with Project Management and Project Execution team to establish and track project budgets, manage project cash flow, track project schedules and ensure compliance with established commercial terms and conditions.
Ensure all invoices are generated and submitted on time and track until payment received.
Establish procedures and make recommendations for optimizing client billing and ensuring maintenance of a positive cash flow at the Divisional level.
Oversee accounts payable activities and ensure accurate and timely processing.
Ensure all project-based expenditures are processed in accordance with established procedures and project budgets and schedules.
Monitor project task completion as well as purchasing and material control activities to ensure accurate completion according to schedule and budget.
Make certain the services of all project subcontractors, fabricators and vendors are retained in accordance with project budgets and schedule requirements and in compliance with all Company and customer operating guidelines, protocols and contractual requirements.
Prepare applicable weekly/monthly/quarterly/ annual reports for management on key Divisional and project-based criteria such as P&L, cash flow, performance against budgets and sales forecasts as well as accounts payable and accounts receivable aging
Ensure compliance with applicable customer and government contractual requirements, including applicable FAR and DFAR regulations.
Work with sales team pre-sale to fully understand project scope and approve pricing and budget.
Effectively communicate with Sales and Project Management regarding contract documents, commercial terms and conditions, change orders and contract modifications.
Monitor and reconcile applicable GL and balance sheet accounts and activities to ensure proper transactional flow and accurate recording at the project, GL and P&L level
Optimize use of the ERP (MS AX) system
Manage inventory levels and valuations and conduct physical audits no less than once per quarter.
Divisional Controller - Industrial Systems Division
Work on related special projects for Chief Operating Officer as applicable
Potential travel to sister facilities within the US, India, China, and France.
Essential Skills:
Degree in Finance, Accounting or other related discipline
Minimum five (5) years of experience in an accounting role for a manufacturing company with at least three (3) years of supervisory or oversight responsibilities.
Two (2) years of project/cost accounting experience.
Proficiency in the use of an ERP or MRP system
Thorough knowledge of standard contract terms and conditions
Capable of thriving in a fast paced, demanding environment and effectively communicating with customers, vendors, and employees at all position levels.
Must be able to quickly assess project status and take appropriate action to control expenditures, adhere to budgets, maintain a positive cash flow, and achieve desired gross margins.
Skilled in MS Office Suite
Well defined organizational and time management skills coupled with the ability to operate independently and apply problem-solving skills with minimal guidance by management.
Non-Essential Skills:
MBA, or equivalent advanced Degree
Familiarity with MS AX ERP systems
Prior experience in a QA controlled design environment. (ISO 9000, NQA-1, or similar)
Experience with MS Project
Prior experience working for a Government subcontractor.
Physical Demands:
Regularly required to sit, walk, bend and stand.
Potential travel via air, rail and car.
Expected to effectively communicate in person, on phone, and via email and other electronic devices on a continual and repetitive basis.
Will need to repeatedly use hands to finger, handle, feel and operate standard office equipment
Day to day responsibilities could require lifting and moving of materials up to 25 pounds.
Occasionally will be required to lift, move, erect and assemble marketing and tradeshow materials and equipment up to 50 pounds and of varying height, length and width dimensions.
Specific vision abilities required include close vision, distance vision and the ability to adjust focus.
Mental Demands:
Divisional Controller - Industrial Systems Division
On a regular basis, will be required to:
o use written and oral communication skills
o read and interpret data, information and documents
o analyze and solve non-routine and complex office administrative problems
o be creative, make judgements, use reasoning and make decisions
o observe and interpret situations
o learn and apply new information or skills
o perform detailed work on multiple, concurrent tasks
o work under intensive deadlines with frequent interruptions
o interact with internal and external customers holding positions from a wide array of disciplines and organizational hierarchy levels
May need to interface with and effectively manage difficult/demanding individuals.
Must be able to fulfill essential job function in a consistent state of alertness and safe manner
This position has been deemed a Safety Sensitive position.
The responsibilities and skills noted within this job description are not all inclusive and are subject to change.