Project Controller

Ascent Aerospace - Inspiring the next generation of flight!

Summary of Position

The Project Controller will be responsible for controlling project revenues and expenditures from sales to execution to project completion. Responsibilities encompass sales controlling, performance measurement, planning, forecasting and reporting. The Project Controller will work across multiple departments and is integral to the Ascent Aerospace team completing projects on time and within budgetary guidelines.

Essential Functions

• Support the Project Manager in managing and optimizing targeted financial results with due professional care (e.g. project gross profit, cash flow, assets, and financing instruments)
• Perform financial planning, forecasting, controlling, reconciliation of project cash flow, and constant deviation analysis. Ensure data integrity between SAP back-end and front-end tools
• Set up financial performance plan for the project based on the planned delivery schedule for the offered scope during the sales phase and manage it throughout the project execution phase
• Implement, maintain and audit required cost accounting and reporting processes for government programs ensuring compliance with FAR / CAS / TINA requirements
• Set up and closely monitor revenue recognition: actual vs plan, degree of completion, cost to complete, total forecasted costs vs planned. Ensure full compliance of revenue and cost recognition with Ascent Aerospace accounting policies under US-GAAP, as well as overall compliance with internal controls
• Apply Earned Value Management methodology to track project performance and inform senior management on the progress of key projects
• Support the responsible Project Manager on change management issues (variations) relating to the scope of the project. Obtain verification and approval of variations prior to submittal to the customer ensuring appropriate costing and pricing in accordance with PM
• Support the Project Manager in identifying, evaluating, and assessing risks & opportunities, strategies, and response activities. Constantly assess risks & opportunities and their impact either in the risk register and/or in the gross margin while proposing measures to prevent negative margin slippage due to risks that could have been avoided
• Implement and drive measures together with the Project Manager to leverage opportunities to improve the project performance, e.g., through claims and variation management
• Support Project Manager in the timely issuing of invoices with a strong focus on managing Account Receivables and project cash flow
• Drive Procurement together with the Project Manager by involving the responsible purchasing representative to ensure that the purchase orders are based on the best available bids and are within the set budget
• Ensure consistent terms and conditions with suppliers/subcontractors in line with the end-customer contract
• Influence team to take positive action and assume accountability for assigned work.
• Regularly perform lessons-learned activities on commercial aspects and feed results into own project lessons-learned activities and into own organization
• Drive interpersonal relationships, foster effective communication, and manage conflicts
• Additional duties as assigned by management

Required Skills, Education & Experience

Any combination of education and experience providing the required skill and knowledge for successful job performance will be considered. Typical qualifications would be:

• Bachelor's degree in a finance-related field, such as Accounting, Finance, Business Administration or Economics
• 4+ years' experience in project related finance or accounting
• The ability to obtain and maintain a DOD Secret level clearance and required Program clearance and maintain all security clearances for the duration of employment is required; having a clearance in place or within the last 6 months is a plus.
• Previous relevant experience required to include time spent performing project cost accounting duties and in financial reporting roles
• Advanced knowledge of accounting and analytical software, spreadsheet preparation and budgeting tools
• Self-starter with the ability to learn systems quickly, and have the ability to capture and obtain information
• Excellent analytical, presentation and communication skills. This position must meet Export Control compliance requirements, therefore a "US Person" as defined by 22.C.F.R. is required

Preferred Qualifications

• Possess Department of Defense Secret Security Clearance
• CPA or Master's degree in finance-related field preferred
• Experience with Percentage of Completion (POC) or Contract Accounting
• Strong working knowledge of detailed financial data analysis
• Exemplary history of financial project management
• Contract Audit experience is a plus

SUPERVISORY RESPONSIBILITY

None

Travel

Up to 20%

COMPENSATION

Compensation will be based on geographic location and candidate experience

Range 1 $75,000-$110,000

Range 2 $90,000-$130,000

Working Conditions

Working conditions described here are representative of those that may be experienced by an employee on a daily basis while performing the functions of this job.

• While performing the duties of this job, employee may be exposed to moving mechanical parts, fumes and airborne particles.
• The employee may be exposed to vibration.
• The employee is occasionally exposed to caustic chemicals. The noise level in the work environment is usually moderate.
• May be required to work weekends to meet department and business demands.
• Work with safe manufacturing processes and understanding that eyewear is mandatory in the manufacturing area.
• Knows that safety shoes are recommended in the manufacturing area.

Physical Demands

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 accommodations may be made to enable individuals with disabilities to perform the essential functions.

Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.

• Must be able to sit, climb, balance, stoop, kneel, crouch or crawl.
• Must be able to see, talk, hear, touch, feel and reach with hands and arms.
• Must be able to frequently walk & stand for short periods of time
• Must be able to lift and move up to 35 pounds, occasionally lift and move objects up to 50lbs.

Special Requirements

Employment is contingent upon successfully passing an employee reference check, criminal background check, and drug screening.

This position requires use of information that is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR. ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder').

Ascent Aerospace is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status or a person's relationship or association with a protected veteran, including spouses and other family members, and will not be discriminated against on the basis of disability. Equal Employment Opportunity Posters If you'd like to view a copy of the company's affirmative action plan or policy statement, please call toll-free +1 586-726-0500. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please call toll-free +1 586-726-0500. This phone number is created exclusively to assist disabled job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be returned. Messages left for other purposes, such as following up on an application or technical issues not related to a disability, will not receive a response.

ABOUT US

Ascent Aerospace is a world renowned, single-source provider of production and automated assembly systems for the aerospace, defense and space industries. As the largest tooling group, Ascent produces a full suite of both mold and assembly tooling required for the aerospace manufacturing market, including the largest invar molds ever made for aerospace. As an automation provider and production system integrator, Ascent work with customers to develop their project and see it through from process engineering, to build and installation to ensure it is an efficient and cost effective solution.

No Unauthorized Referrals from Recruiters & Vendors

Please note that Ascent Aerospace does not seek or accept unsolicited resumes or offers from third party recruiters or staffing agencies associated with any published or unpublished employment opportunities. Any unsolicited information sent to Ascent Aerospace will be considered as unencumbered and free from any fee or charge whatsoever. Only members of our Human Resources Team have the authority to engage or authorize recruiting services, which must be agreed upon before the unsolicited resume or offer is received.