Corporate Controller at Novipax in Oak Brook, Illinois

Posted in Other 3 days ago.

Type: full-time





Job Description:

POSITION SUMMARY:

Reporting directly to the Chief Financial Officer, the Controller plays a pivotal role in managing all accounting functions for Novipax. This position ensures accurate financial reporting, regulatory compliance, budget management, and provides strategic financial insights aligned with the company's mission. Clear and concise communication will be required, as this person will be a key resource for senior management by creating reports and analytics to help improve the Company's operational efficiency and aid in the Company's continued growth.

RESPONSIBILITES / DUTIES:

Team Leadership:
  • Manage and develop the accounting team, fostering a culture of high performance and continuous improvement
  • Mentor and coach the staff accountant and other team members, building leadership capabilities and technical skills, including determination of job responsibilities and review of all reconciliations and journal entries

Close and Financial Reporting:
  • Lead the day-to-day corporate and consolidated accounting functions including month-end and quarter-end close, and financial consolidation
  • Prepare the monthly, quarterly, and annual consolidated financial results in accordance with US GAAP and federal and state regulations, including preparation of financial statements, schedules and presentations for both internal and external stakeholders
  • Completion of complex balance sheet reconciliations with an eye for process improvement and/or consistency across accounts
  • Review key balance sheet reconciliations performed by plant controller, plant cost accountants, or staff accountant with an eye for process improvement and/or consistency across accounts

Treasury Operations:
  • Oversee the treasury management function, including but not limited to maintenance of daily cash reporting, cash flow forecasting for internal and external stakeholders
  • Oversee the accounts payable and accounts receivable teams, including cash disbursement processing and cash collection process management

Financial Analysis & Budget:
  • Review variances in materials, direct labor, and overhead costs against standard costs, and identify areas for improvement with plant controller and operations teams to collaborate on areas for improvement
  • Work closely with CFO, operations and plant controller to understand and investigate operational cost drivers and implement strategies to improve cost control and efficiency
  • Perform periodic and ad-hoc value-added analysis of results against budget and/or prior period performance; investigate changes or trends and document the results of investigation
  • Act as business partner to communicate accounting impact and pro forma modeling of contract language
  • Complete the corporate budget and collaborate with Director of Finance & Strategy and CFO on consolidated three statement budget and long-term forecasting model
  • Partner with IT, financial analysts, sales, and operations teams to enhance existing reports/dashboards and build new ones that enable better and faster controllership analysis

Process Improvement and Controls
  • Lead processes improvement efforts to accurately predict and improve financial results
  • Manage the implementation and maintenance of internal financial controls and procedures, offering recommendations for improvement and implementing new processes
  • Oversee and maintain an internal control environment; assist in resolution of any accounting and internal control issues
  • Manage and maintain chart of accounts and financial set up required in the ERP and other systems and tools utilized for financial reporting and planning

Audit and Tax:
  • Oversee all financial audit processes, as well as support internal or external audit processes for insurance, payroll, etc.
  • Conduct technical accounting research, including support of consolidation and revenue recognition, compensation arrangements, and leases
  • Oversee all tax return preparations and audit compliance items, as well as support internal or external audit processes

EDUCATION/SPECIAL SKILLS/EXPERIENCE/TRAINING:
  • Bachelor's degree in Accounting; CPA preferred; MAS/MSA/MBA a plus
  • 10 years of progressive accounting experience
  • Experience in public accounting preferred
  • Experience in manufacturing environment required, with strong understanding of cost accounting, variances and margin analysis, operational analysis. Multi-site experience preferred.
  • Exceptional root cause/analytical skills, including proven balance sheet and income statement variance analysis experience
  • Excellent problem solving, organizational, written and verbal communication, and presentation skills
  • Positive team attitude and a desire to challenge themselves and their team, as well as continuously develop and learn
  • Strong communication skills are a must and an ability to utilize strategic influencing skills
  • Working knowledge of federal, state, and local tax compliance regulations and reporting
  • High level proficiency in Microsoft Excel, Power Point, and Word; Functional experience with ERP, Business Intelligence (Power BI preferred), Planning (Adaptive Analytics preferred) software/systems

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