Assistant Controller
Company: AMETEK, Inc.
Location: Woodstock
Posted on: November 20, 2024
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Job Description:
Ametek, Inc.
Find out more about the daily tasks, overall responsibilities, and
required experience for this opportunity by scrolling down now.
Job description: POSITION SUMMARY
Key member of the accounting staff, reporting directly to the
VP-Finance. Responsible for various general Accounting functions
and preparation of consolidated division reports for Corporate.
Provides financial support & analysis to the Rotron sites in
Woodstock, NY and El Cajon, CA as well as Divisional support.
Responsible for Revenue Recognition Procedures, overseeing Accounts
Payable, Accounts Receivable, Payroll. ASC606, General Ledger,
Month End Close, Lease Accounting, Financial Statements.
SUPERVISORY RESPONSIBILITIES
Supervise General Accountants
Manage the month-end process for financial statements and cash flow
for the Business Unit - including streamlining the reporting
cycle.
The Assistant Controller has the task of making sure there are no
errors on the company's financial statements for the Business Unit.
In addition, active participation is required in the budget and
forecasting process, and the management of working capital.
Supporting the Business Unit team in generating accurate weekly
forecasts, budgets, metrics, KPI's and a focus on cost management
is essential.
Assist with the implementation of new accounting standards and
manage training program for departmental personnel.
Reviews workflow to ensure that all accounting transactions are
processed accurately and in compliance with industry standards.
Coordinates the activities of multiple functions involved in the
preparation of Business Unit forecasts, budgeting, and reviewing
manufacturing performance.
Established budgetary control systems and monitors compliance to
budget and monthly forecasts.
Work with Production on KPI's and Engineering on VA/VE to provide
monthly reports. --- Review excess & obsolete inventory on a
quarterly basis - communicate to senior management any changes in
reserved required.
Preparation of financial statements and generate summary
reports.
Complete balance sheet flux analysis & bring issues to management
attention during close.
Handles personally or supervises general ledger
reconciliations.
Ensures compliance with all internal controls.
Assists VP of Finance with a variety of tasks as needed.
Reconciles trial balances to corporate office financials.
Has a good knowledge of GAAP and financial accounting
standards.
REQUIREMENTS FOR CONSIDERATION
Hyperion Enterprise and Oracle experience a plus.
Understanding of ASC 606 Revenue Recognition.
SOX internal control assessments (Section 404) experience
Proficiency in Microsoft Excel required.
Ability to understand manufacturing environment and associated
financial processes.
Possesses strong leadership, supervisory and management
abilities.
Has excellent critical thinking as well as analytical skills.
Exhibits strong computer skills and demonstrates extensive
knowledge of financial software programs.
This role interacts with all levels of management throughout the
company. On a regular basis will be coordinating information
between Sites, Business Units and executives which requires
excellent communication skills.
EDUCATION/EXPERIENCE
Bachelor's degree (BA) in Accounting, Finance or related field
required.
Two to Five years relevant accounting experience.
Keywords: AMETEK, Inc., Springfield , Assistant Controller, Accounting, Auditing , Woodstock, Massachusetts
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