Divisional Controller

Job Type

Full-time

Description

Kanawha Scales & Systems, a division of American Equipment Holdings, is one of the leading Industrial Weighing solutions providers in the United States. Over the years, our ability to grow and set ourselves apart from the competition is the result of a tried and true philosophy - take care of our customers and take care of our people.

We also believe that our people matter, which is why we are committed to providing our team members with competitive wages, attractive benefit offerings, and abundant training offerings. As one of the fastest growing companies in our industry, new opportunities are regularly available that enable our team members to develop, grow, and pursue their career passions.

We are looking for a Divisional Controller.

Essential Duties and Responsibilities:

• Work with divisional accounting teams to ensure proper internal controls, adherence to policies and procedures, protect assets and develop strong financial discipline.
• Produce timely, accurate and actionable financials statements on a monthly, quarterly, and annual basis.
• Lead job costing and manufacturing accounting consistency across all businesses.
• Develop strong accounting practice around recording and invoicing service technician activities and parts inventory management.
• Lead the financial integration of multiple acquired companies and implement common finance processes, procedures, and controls.
• Develop GAAP compliant finance processes and systems that serve business needs and successful pass compliance and audit standards.
• Build finance teams at both the division and corporate level with competent, talented, and high performing individuals to ensure stable and trustworthy financial operations and reports.
• Work in conjunction with Financial Planning and Analysis (FP&A) team members to produce an annual budget that includes forecasted financial statements for revenue, expenses, gross profit, gross margin, and EBITDA. Work with management to set monthly and quarterly hard target goals and allocate all expenses and other parameters.
• Develop and maintain the corporate financial structure to ensure positive monthly cash flow and annual financial targets are achieved.
• Develop and manage a Treasury platform to promote enhanced visibility and better management of liquid assets.
• Collaborate with executive leadership to set sales deal pricing, discount or rebate programs, payment and credit terms and other financial terms to maximize profit.
• Collaborate with executive leadership to set supplier deal contract terms, units purchase price, discounts and rebates and other financial terms to reduce cost and maximize cash flow.
• Determine inventory and other asset valuations and controls.
• Ensure all taxes are accurate, filed on time and payments remitted.
• Manage all accounting activities including payables, receivables, payroll, and others.
• Provide financial reports, analysis and other data and information to both management and private equity fund general partners on a routine basis.
• Develop and produce all company financial reports, statements, scorecards and other metrics and data.
• Manage company financial compliance and risk management to all laws and regulations and supervise all audits and record keeping activities.
• Perform other duties as assigned.

• Strong team leadership skills and promoting comradery and teamwork with geographically dispersed team members.
• Successfully led the business and finance integration projects of multiple acquired companies during a single accounting period.
• Strong numerical proficiency in mathematics, statistics, and other quantitative disciplines.
• Strong experience in operating with disparate accounting systems and platforms.
• Strong understanding and application of GAAP.
• Experience in system integration, data cleansing and BI warehouses.
• Comfortable in a fast-paced environment and creating structured processes in an unstructured environment.
• Strong capabilities with ERP, experience in major platforms such as NetSuite, Microsoft Dynamics 365, SAP, SAGE, Infor.
• Hold a current Certified Public Accountant, Certified Financial Advisor or similar certification is a plus.
• Minimum 5 years' experience in private equity or corporate finance planning and analysis role.
• Minimum 3years' experience supervising finance team staff.
• Strong background in Percent Project Completion Accounting methods, rules, and schedules to ensure all active projects are billed and collect over the course of production.
• Fluency in English language - able to speak and type - multilingual a plus.
• Speak to customers in a professional and respectful etiquette, even in interactions of stress, complaint, or urgency.
• Create perfectly accurate transactions in company information technology systems.

• Direct the workload of the accounting department.
• Prepare timely and accurate financial reports in compliance with GAAP.
• Record various journal entries and maintain reconciliations.
• Evaluate and revise as necessary controls and procedures to drive the integrity of financial statements.
• Organize revenue and COGS data for percentage of completion revenue accounting.
• Gather information and report on monthly sales commissions.
• Analyze weekly cash reports and participate in cash flow processes.
• Complete insurance requirements and request insurance bonds for the company.
• Lead in accurate and timely reporting of inventory levels.
• Participate in annual audit requirements.
• Partner in developing a strong Controlling organization.

• Ability to direct and respond to concerns within the department
• Excellent verbal and written communication skills
• Advanced Excel Skills

• Bachelor's degree in accounting or work comparable experience.
• 5+ years of work-related experience
• Experience with manufacturing operations preferred
• Understanding of branch locations preferred
• Private equity ownership and acquisitions experience a plus

• Strong attention to detail
• Strong Microsoft Excel skills, primarily relating to developing and maintaining financial models
• Experience in financial forecasting
• Experience in creating company-wide annual budgets
• Excellent presentation skills and the ability to prepare professional written and oral presentations regarding financial and operational analysis
• Comfortable offering your opinion, even if it differs from those around you
• Open to listening to and considering opinions that differ from your own
• Experience with Private Equity backed companies is a plus

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