Primary responsibilities include to keep under control all the issues related to costs/margins versus budget reporting to the Administrative Manager any critical trend or event that can affect the profit forecasted, assist with annual preparation of budgets, support of the monthly close process, monthly, quarterly and annual financial statements. As a support to the Accounting Dept. can also follow up collection and accuracy of accounts receivable, supervising accounts payable, payroll, billing reimbursements support the preparation of quarterly tax projections and annual tax return preparation. The Controller Cost will also be part of a team that creates and implements policies and procedures to identify, resolve and document accounting issues in addition to creating procedures to make the close and reporting processes more efficient and accurate.
Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor.
Analyzing audits of costs and preparing reports
Making estimates of new and proposed product costs
Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.
Support in analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost
Analyzing data collected and recording results
Implement a process to record transactions by department and compare costs incurred to budget and performance analysis of profit centers
Review monthly accounting close process including analytical review of the monthly operating results to ensure accurate accounting records are maintained
Implement, document and maintain adequate and effective internal controls
Any other responsibilities that may be assigned from time to time
Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs
Additional Activities (Shared, If Needed, With Accounting Dept.):
Preparation of workpapers supporting the annual tax return and annual financial statement audits
Coordinate the preparation of annual tax returns and annual financial statement audits
Preparation and recordation of journal entries required to accurately reflect the monthly activit
Preparation of workpapers supporting the monthly close process and month end balances
Preparation of monthly financial statements and related footnotes
Monitor and reconcile inter-company accounts receivable and payable
Preparation of the year to date cash flow
Maintenance of fixed asset records
Implement, document and maintain adequate and effective processes to improve the close and reporting cycles to ensure timely and accurate reporting
Education and Experience:
Bachelors and/or Master Degree in Business Administration with an emphasis in accounting.
Accounting education and good experience of Cost Accounting in a Manufacturing Environment
Job Knowledge and Skills:
Working knowledge of general ledger accounting, accounts receivable and accounts payable functions using current accounting software products, Word and Excel
Must be able to write reports and business correspondence.
Must be able to communicate effectively with coworkers and internal and external customers.
Must have excellent organizational and administrative skills.
Must understand the confidentiality and ethical standards of a multinational company
Conscientious about timeliness of assignments and quality of work product
Accountable for specific performance
Able to handle multiple tasks and maintain control and order over same
Excellent financial reporting technical skills
Exceptional work ethic.