CONTROLLER

Job Description

Job Description

CONTROLLER

Advantech Industries Inc. is a family-owned manufacturing company based in Rochester, New York, specializing in CNC machining, sheet metal fabrication, welding, and assembly services. The company, founded in 2002, serves multiple industries, including defense, medical, and aerospace, and operates out of a 250,000-square-foot facility.

Advantech Industries Inc. is currently recruiting a Controller. The Controller directs the financial affairs of five operating entities comprising $60 million in annual revenues, primarily from manufacturing operations.

DUTIES AND RESPONSIBILITIES

The Controller prepares financial analysis of operations, including interim and year-end financial statements with supporting schedules, for the guidance of management. The position is responsible for the company’s financial plans and policies, its accounting practices, the conduct of its relationships with lending institutions and the financial community, the maintenance of its financial records, and the preparation of financial reports. The position involves management of general accounting, property accounting, cost accounting, and budgetary controls. Duties include, but are not limited to, the following:

• Collaborate, where appropriate, with other accounting professionals (e.g., the Controller at Precise Tool & Manufacturing) to standardize accounting policies and procedures across companies with common ownership.
• Establish and enforce effective financial controls for companies.
• Provides analysis and guidance regarding the financial positions of the companies and their prospective compliance with state and federal regulations.
• Enhance and strengthen the financial positions of companies through the gathering of knowledge and familiarity with the industries and competitive markets that each company participates in.
• Review the practices, records, and transactions of all General Ledger and subsidiary records to ensure their compliance to Generally Accepted Accounting Principles (GAAP).
• Develop and/or maintain policies and procedures such that inventories are accurately valued and comply with GAAP.
• Prepare journal entries for companies that are an integral part of the monthly financial closings.
• Prepare monthly financial statements for companies that include Profit & Loss Statement, Balance Sheet, and Cash Flow.
• Prepare analysis and interpret the monthly operating results and review these with stakeholders at a regularly scheduled monthly meeting.
• Prepare year end schedules of all financial accounts of the companies that will ensure complete, accurate, and timely preparation of annual financial statements and tax returns by companies’ external accounting firm.
• Serve on the 401(k) Administration Committee and provide guidance on plan design, advisor and recordkeeper evaluation, and compliance with statutory and regulatory changes. Support the 401(k) Plan Administrator as needed.
• Apply for grants that will help the financial position of the companies.
• Prepare financial forecasts for internal management as well as providing external auditing firm with details required to make estimated quarterly tax payments.
• Assist outside accounting firm in data collection for tax advice and return preparation.
• Coordinate annual 1099 preparation.
• Prepare and file periodic NYS sales tax returns for assigned companies.
• Lead the annual audits for Worker’s Compensation and General Liability insurance.
• Complete Census Bureau surveys.
• Assist in evaluating and purchasing Health and other Business insurances.
• Other duties as assigned.

SKILLS AND QUALIFICATIONS

• BS/BA in Accounting/Finance or related field; MBA preferred; CPA a plus.
• 10-15+ years Accounting/Financial experience, preferably in manufacturing or real estate.
• Proven hands-on working experience as an Accounting Manager, Director, or Financial Controller.
• Previous experience with accounting software packages. Experience with ERP Epicor/Kinetics, Quickbooks and ADP a plus.
• Solid interpersonal skills, ability to work independently as well as with all other employees and vendors. Professional demeanor is a necessity.
• Effective communication and administrative skills.
• Must be proficient in using Microsoft Office (Word, PowerPoint, and advanced Excel skills).

JOB BENEFITS

• Vacation
• Sick Days
• Holidays
• Health Insurance
• Dental Insurance
• Vision Insurance
• Life Insurance
• Voluntary Disability Insurance
• 401(k) Plan with Company Match

According to the New York Pay Transparency law, pay range for this job is $95,000 - $115,000 / annual salary. The actual compensation will be determined based on experience and other factors permitted by law.

Advantech Industries Inc. is a Drug-Free Workplace. Employment is contingent upon the successful completion of a pre-employment drug screen.

ITAR Restricted: This position is restricted to US Citizens, Permanent Residents or Green Card Holders

EOE/AA Race/Color/Gender/Sexual Orientation/Gender Identity/Religion/National Origin/Disability/Veteran

Advantech Industries Inc. is committed to providing a work environment that is free from unlawful discrimination and harassment in any form and will make reasonable accommodations for qualified individuals with disabilities unless doing so would result in an undue hardship. If you are interested in applying for employment and feel you need reasonable accommodation pursuant to the ADA, you are encouraged to contact Human Resources.