Controller

Job Details: Job Location: Building 171 - Manchester, CT, Salary Range: Undisclosed, Job Summary: We are looking for a detail-oriented and strategic Controller to manage the financial operations of our manufacturing facility. The Controller will be responsible for ensuring financial integrity, supporting operational efficiency, and driving profitability. This role will involve working closely with executive leadership, production teams, and other departments to align financial goals with business objectives.

Key Responsibilities:

Financial Management

Prepare and Review Financial Statements: Compile and analyze monthly, quarterly, and annual financial statements, ensuring accuracy and compliance with GAAP. Provide commentary on variances and trends.
Budgeting and Forecasting: Lead the preparation of the annual budget and long-term financial forecasts. Collaborate with department heads to establish financial targets and monitor performance against budget.
Cost Accounting: Develop and maintain a cost accounting system to track production costs. Analyze labor, material, and overhead costs, and provide actionable insights to improve cost efficiency.

Inventory and Asset Management

Inventory Valuation: Oversee the valuation and management of raw materials, work-in-progress, and finished goods inventory. Implement effective inventory control measures to minimize waste and optimize inventory turnover.
Asset Management: Ensure proper accounting for fixed assets, including depreciation schedules, capital expenditures, and disposals.

Internal Controls and Compliance

Establish Internal Controls: Design and enforce internal control policies and procedures to protect company assets and ensure the integrity of financial reporting.
Regulatory Compliance: Stay updated on relevant financial regulations and compliance requirements. Ensure the organization adheres to federal, state, and local regulations.

Audits and Financial Analysis

Coordinate Audits: Manage relationships with external auditors and facilitate the annual audit process. Prepare supporting documentation and respond to audit inquiries promptly.
Financial Analysis: Conduct in-depth financial analyses, including profitability analysis, cash flow forecasting, and variance analysis. Use data-driven insights to support strategic decision-making.

Team Leadership and Development

Lead the Accounting Team: Support the CFO in supervising, mentoring, and developing the accounting team, promoting a culture of accountability and continuous improvement. Conduct performance reviews and provide training opportunities.
Cross-Department Collaboration: Partner with operations, sales, and supply chain teams to provide financial insights that drive operational efficiency and support business growth.

Strategic Initiatives

Support Strategic Planning: Provide financial insights to guide long-term business strategies. Assist in evaluating potential investments and new business opportunitiesQualifications:
Education: Bachelor’s degree in Accounting, Finance, or a related field; CPA or CMA designation is strongly preferred.
Experience: Minimum of 5-7 years of experience in financial management, with at least 3 years in a manufacturing environment.
Technical Skills: Proficiency in accounting software (e.g., ERP systems preferably EPICOR) and advanced Excel skills (financial modeling, pivot tables).
Analytical Skills: Strong analytical and problem-solving skills, with the ability to interpret complex financial data and provide actionable recommendations.
Communication Skills: Excellent verbal and written communication skills, with the ability to present financial information clearly to non-financial stakeholders.
Leadership Abilities: Proven leadership skills, with experience managing and developing finance teams.