Operational Controller

Employer
Creative Financial Staffing
Location
Old Saybrook, Connecticut
Posted
Apr 01, 2024
Closes
Apr 06, 2024
Ref
2741890734
Work Mode
Work from office
Hours
Full Time
Employment Type
Permanent
Organization Type
Corporate
Controller-level Consulting Need

Our long standing manufacturing client is seeking a meticulous and strategic Controller to take the lead on "standing up" a the financial operations of a small subsidiary. The ideal candidate will have a strong background in financial reporting, compliance regulations, and project management. This role requires exceptional attention to detail, analytical skills, and the ability to collaborate effectively across teams.

This is a full-time consulting engagement, estimated to last 9-12 months.

Responsibilities:
  • Government Compliance:
    • Ensure adherence to government regulations and compliance requirements.
    • Oversee project-based accounting for government contracts, including cost-sharing agreements.
    • Manage the financial aspects of projects involving the erection of buildings and supply of equipment for government entities.
  • Financial Reporting:
    • Analyze and improve the current reporting processes to ensure accuracy and efficiency.
    • Collaborate with teams to understand transaction flows and identify areas for improvement in Accounts Payable (AP) and Accounts Receivable (AR) processes.
    • Address any discrepancies in reporting and implement solutions to streamline procedures.
  • Team Infrastructure:
    • Build and develop the accounting team, making recommendations for hiring based on skillset and workload.
    • Provide guidance on staffing needs and allocate resources effectively to support increased transaction volume.
  • Intercompany Transactions:
    • Manage intercompany billings wand oversee labor-related transactions.
    • Liaise with subsidiaries, including the Polish entity responsible for PBC board manufacturing, to ensure smooth coordination and financial transparency.
  • International Presence:
    • Utilize experience in dealing with European entities to navigate international transactions effectively.

  • Qualifications:
    • Bachelor's degree in Accounting, Finance, or related field; MBA/CPA designation a plus.
    • Minimum of 10 years of experience in accounting, with a focus on government compliance and project-based accounting.
    • Strong understanding of government regulations and compliance requirement is a plus
    • Experience in managing financial reporting processes and improving efficiency.
    • Excellent analytical skills and attention to detail.
    • Proven ability to lead and develop teams, with effective communication and collaboration skills.
    • Prior experience in international transactions and dealing with European entities is a plus.