BUILT TO CONNECT
At Astec, we believe in the power of connection and the importance of building long-lasting relationships with our employees, customers and the communities we call home. With a team of more than 4,300 strong, our employees are our #1 advantage. We invest in skills training and provide opportunities for career development to help you grow along with the business. We offer programs that support physical safety, as well as benefits and resources to enhance total health and wellbeing, so you can be your best at work and at home.
Our equipment is used to build the roads and infrastructure that connects us to each other and to the goods and services we use. We are an industry leader known for delivering innovative solutions that create value for our customers. As our industry evolves, we are using new technology and data like never before.
We’re looking for creative problem solvers to build the future with us. Connect with us today and build your career at Astec.
LOCATION: This is an onsite position at our Heatec manufacturing facility in Chattanooga, TN.
ABOUT THE POSITION
The Controller position is accountable for the accounting operations of the site, to include the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the reported financial results, and ensure that reported results comply with generally accepted accounting principles or international financial reporting standards.
Key Deliverables
- Provide accurate monthly financial statements.
- Prepare budget by establishing schedules; collecting, analyzing, and consolidating financial data; recommending plans.
- Provide complete and accurate supporting information for financial transactions.
- Ensure compliance with federal and state financial reporting regulations.
- Support the operations planning process to develop accurate and timely sales and net income forecast information.
Key Activities & Responsibilities
- Prepare and maintain timely and accurate monthly financial statements and supporting schedules for site and corporate use.
- Manage the month-end close process by reviewing monthly journal entries and account reconciliations.
- Responsible for the general ledger and all subsidiary financial ledgers including system-generated transactions.
- Establish, implement, and monitor appropriate internal controls and policies to ensure conformance and compliance with accepted accounting principles (GAAP) and other statutory requirements related to a publicly traded company, i.e., Sarbanes-Oxley (SOX).
- Document and maintain complete and accurate supporting information for all financial transactions.
- Provide accounting and information for periodic (weekly, monthly, etc.) financial site and corporate reporting.
- Supervise the A/P, A/R, payroll, and other supporting accounting functions. Responsible for timely payment of expenditures and credit and collection of site receivables.
- Supervise job costing, application of costing methods, and allocation of indirect costs. Performs business scenario modeling such as flexible-budgeting, contribution-margin analysis, etc.
- Research and investigate accounting standards and apply technical guidance for complex business issues and transactions.
- Direct preparation of annual “zero-based” budget and rolling forecasts including supporting detail plans (sales, capital, manpower, etc.) Prepares necessary supporting documentation and justification. Compares performance with operating plans and standards. Provides reports and interprets the results of operations to all levels of management.
- Participate in site sales and operations planning process to develop accurate and timely sales and net income forecast information. Provides detailed information to support planning process as needed.
- Model detailed assumptions and future events to provide budgeted and forecasted financial statements.
- Assist in relevant decisions affecting site and corporate financial performance including return on investment, make-buy decisions, breakeven analysis, etc.
- Responsible for care, custody, and control of site fixed assets.
- Prepare sales, use, and business returns for various tax jurisdictions, as necessary.
- Operates as a primary contact with corporate finance and external auditors.
- Keeps abreast of current trends and practices in field of expertise. Assumes other special activities and responsibilities as directed.
Supervisor and Leadership Expectations
- Team of 4 employees, including an Assistant Controller, a Cost Manager and two Senior Accountants.
To be successful in this role, your experience and competencies are:
- 3-5 years of experience in finance with a track record of increased responsibilities
- Bachelor’s degree in finance, accounting or business required
- Management experience in a manufacturing environment preferred
- Working knowledge of enterprise resource planning (ERP) and accounting systems, well-developed financial analysis capabilities, and demonstrated ability to manage integrated applications.
- Knowledge of forecasting and budgeting concepts
- Proficient with MS Office Suite including strong Excel skills
- Strong analytical and problem-solving skills
- Verbal, written, presentation and interpersonal communication skills
- Ability to recruit, train and develop personnel to build a strong financial organization and to allow for promotional opportunities for all members of the staff
- Strong leadership presence and ability to collaborate, influence and build relationships with all levels of the organization
Our Culture and Values
Employees that become part of Astec embody the values below throughout their work.
- Continuous devotion to meeting the needs of our customers
- Honesty and integrity in all aspects of business
- Respect for all individuals
- Preserving entrepreneurial spirit and innovation
- Safety, quality and productivity as means to ensure success
NOTE: This position responsible for certain internal control responsibilities. These internal control responsibilities are verbally communicated to the incumbent and periodic feedback is provided as it relates to the performance of these internal control responsibilities.
WORK ENVIRONMENT
Office
While performing the duties of this job, the employee is regularly exposed to risk of injury in an office environment and occasionally a manufacturing shop plant environment. Duties include a typical office setting including extensive computer work, sitting or standing. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EQUAL OPPORTUNITY EMPLOYER
As an Equal Opportunity Employer, Astec does not discriminate on the basis of race, creed, color, religion, gender (sex), sexual orientation, gender identity, marital status, national origin, ancestry, age, disability, citizenship status, a person’s veteran status or any other characteristic protected by law or executive order.
