Reporting to the CFO, the Corporate Controller is a senior level financial position responsible for all accounting activities, financial control and financial reporting while ensuring compliance with GAAP and other corporate and regulatory requirements including the SEC. The Controller will also support financial forecasting as well as budgeting, operational accounting, cost accounting, accounts receivable and collections. The Controller will also act as primary contact with Bye's external auditor.
Revenue recognition - being able to identify the correct accounting model for recognizing revenue based on the terms of the contract.
Sales Credits - capturing, tracking, analyzing, establishing the liability and utilization as well as reporting activity.
Other Liabilities being able to identify the existence of a liability, tracking and analyzing the status on a quarterly basis.
Support of annual financial audit work with external auditors to ensure proper reporting standards are being followed.
Establishes, monitors and enforces internal controls over financial reporting and operations
Responsible for supporting annual budgeting and financial forecasting.
Reporting monthly on budget variances: orders, sales, EBIT and cash as well as any unusual items.
Monthly internal management reporting is required in addition quarterly corporate reporting.
Responsible for inventory valuations, warranty reserves, understanding the drivers for product cost.
Develop and track monthly progress on margin improvement initiatives.
Responsible for the oversight of the annual Physical Inventory.
Accounts Receivable and Collections
Establishment of customer credit terms and limits, monitoring customer payment history, review and reporting of delinquent customers.
Contact and make inquiries to customers on past due accounts
Must be able to lead, motivate and mentor accounting/finance staff.
Bachelors or master's degree in Accounting, CPA or other Accounting designation
8 years experience in accounting and financial planning
Experience as controller or assistant controller
Must have strong interpersonal and communication skills, both verbal and written
Strong analytical and organization skills
Strong computer skills in MS Word, Excel, PowerPoint and Outlook
Be process oriented with the ability to lead and help foster innovation, collaborate with others, solve problems creatively and demonstrate the highest level of integrity
Demonstrated leadership experience with ability to present to C-Suite
Manufacturing/engineering environment experience is highly preferred
Aviation or aerospace accounting background is a plus
Experience working with ERP and MRP systems is highly preferred
Background with six-sigma and cost reduction initiatives
Combination of public (big 4 firms) and private (manufacturing firms) accounting experience is highly desired
To conform to U.S. Government aerospace technology export regulations (ITAR and EAR), applicant must be a U.S. citizen, lawful permanent resident of the U.S., protected individual as defined by 8 U.S.C. 1324b(a)(3), or eligible to obtain the required authorizations from the U.S. Department of State. Learn more about ITAR here (http://pmddtc.state.gov/regulations_laws/itar.html)