Controller, Multi-Site - Los Angeles California

Company: Bolsan
Location: Los Angeles, California
Posted On: 11/21/2024

Fastener Innovation Technologies (FIT) and California Screw Products (CSP) are manufacturing companies specializing in the design and production of Aerospace Fasteners and are seeking a dual site Controller that will provide dynamic and pro-active support and guidance to FIT's & CSP's Presidents to identify key strategic growth priorities; technical advice and operational financial support on matters related to internal and external reporting, and compliance, as well as general financial controls to the senior management team members.The chosen candidate will report directly to the Avantus Fastener Group Financial Director, and a dotted line to both site presidents. There will also be an interactive working relationship with the Avantus Finance Director in the UK in ensuring the company fully complies with all Group and entity specific reporting, compliance, and control obligations. Supervisory duties include ongoing training, motivation and support in the management of FIT's and CSP's AP/AR Clerk, Accounting Manager, Purchasing and I.T. Manager in delivering day-to-day transaction processing, accountability and accounting control within the facilities.MAIN DUTIES AND RESPONSIBILITIES:

• Ensure the highest standards of integrity in business control, accounting, and reporting in all matters related to corporate governance generally are always maintained.
• Coach and support functional leaders within the business to enable them to deliver their cost reduction targets, including improving financial acumen (particularly the understanding of how they contribute to EBITDA improvement), developing analytical skills and defining appropriate measures and targets for their teams.
• Pro-active contributor and driver as key member of the FIT & CSP senior management team in the effective management and development of FIT & CSP businesses, including strategic initiatives, targeted improvement initiatives, working capital management, cost optimization plans and actions, KPI development and system utilization and maintenance.
• Facilitate monthly close with finance team to ensure timely and accurate financial reporting to meet fixed corporate deadlines.
• Preparation of the monthly financial reporting packs using the BAAN system and Group OneStream Reporting tool, including all necessary reconciliations and validations within the established periodic reporting timetable.
• Preparation of analysis and reporting that holds all aspects of the organization accountable for results, as well as driving each functional area for improvements.
• Preparation of the consolidation of rolling bi-weekly cash flow forecasts and review and follow up of all significant variances.
• Effective management of the payroll function and systems including time management and legally compliant pay, pension, and benefit compliance. Includes maintaining up to date records of workforce benefit participation against qualification criteria and regular pay benchmarking against market.
• To manage the FIT and CSP budget process, working with the FIT and CSP Presidents to deliver a budget that is aligned to strategic and financial objectives of the business.
• Preparation of FIT and CSP full year end accounting submissions and supplementary and taxation disclosure analyses on a timely basis. Managing the audit and ongoing liaison with the Group's external auditors to facilitate an efficient and professional year end close. Dealing in a prompt and professional manner with ad hoc queries related to the above.
• Drive disciplined utilization and/or improvement of the BAAN ERP systems and related business processes and internal controls to assure effective governance and system driven data integrity.
• Partner with operational and financial leadership to provide insight into cost data and investigate areas of concern or variance; willingness to examine cost data down to the production or bill of materials level and to diagnose issues and collaborate on actions to remedy or provide transparency.
• To manage and direct finance team staff training and development as part of the maintenance of a small, but highly effective team.
• Proactively ensure all relevant personnel compliance training is completed and being an advocate for compliance training in the FIT & CSP businesses.
• Perform other such duties related to financial management, business development and financial stewardship of FIT & CSP which generally correspond to the nature of the position and its level of responsibility.
• To work in a collaborative manner with the Group FD, Group FPA and Group Compliance functions on key business development and compliance requirements and ad hoc projects.We provide equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.Posted Date: 01 Aug 2024Industry: Procurement, Manufacturing & TransportJob Type: Full TimeSalary: Annual Salary Range: $125,000 - $175,000
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