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Summary of Responsibilities:

Responsible for the accounting and risk management operations of MAHAR as a global company, which includes the development and monitoring of accounting systems designed to protect company assets and report accurate financial results.  This is a hands-on, multifaceted position responsible for international accounting, month-end close and preparation/analysis of financial statements including consolidation accounting for subsidiaries, ensuring compliance with generally accepted accounting principles.  The Controller will manage the daily cash management reporting and flash reports.

Additionally, the Controller will be responsible for oversight of the Human Resource Department including benefit program compliance for health insurance, 401(k) and workers compensation programs.

Functional Duties and Responsibilities:

Planning

  • Assist in formulating the company’s future direction and support tactical initiatives
  • Monitor and direct the financial aspects of strategic business plans
  • Assist in the development of financial and tax strategies
  • Assist in implementing and managing a budget of both revenue and expenses (both operating and capital)
  • Develop performance measures that monitor the Company’s strategic direction

Operations

  • Participate in decision making as a member of the executive management team
  • Manage the daily operations and personnel of the accounting department, including the design of an organizational structure adequate for achieving the department’s goals and objectives
  • Assist third parties to whom accounting and/or financial functions have been outsourced
  • Supervises personnel who are part of the accounting and human resource department
  • Maintain a strong internal control system
  • Oversee the company’s transaction processing systems
  • Develop and maintain a documented system of accounting policies and procedures

Transactions

  • Daily oversight of G/L, AP and A/R and Fixed Assets
  • Ensure the accuracy of inventory accounting and reporting to physical/cycle counts
  • Processing of executive level payroll and maintenance of all executive compensation related records
  • Ensure completion of monthly bank reconciliations
  • Ensure that required debt payments are made on a timely basis
  • Maintain an orderly accounting filing system with adequate back-up of electronic files
  • Maintain a system of controls over accounting transactions

Reporting

  • Prepare consolidated internal interim financial statements for parent company and all subsidiaries
  • Coordinate the preparation of annual financial statements with outside accountant
  • Recommend benchmarks against which to measure the performance of Company operations and provide periodic reports of the same
  • Manage the preparation of an annual budget and forecast
  • Calculate variances from the budget and report significant issues to management
  • Provide financial analyses as needed, in particular for capital investments, pricing decisions, and contract negotiations

Risk Management

  • Understand key elements of the Company’s risk profile
  • Maintain appropriate insurance records and acts as Company liaison to insurance company
  • Report risk issues to the CEO
  • Maintain relations with external accountants and evaluate their findings and recommendations

Financing and Cash Flow Management

  • Monitor cash balances and forecast cash flow/requirements
  • Monitor payables to assure adequate funds are available to meet obligations
  • Analysis of cash needs, line of credit monitoring, bank negotiations

Compliance

  • Assist outside CPA firms with documentation/financials needs for various tax returns, filings, and projects
  • Monitor debt levels and compliance with debt covenants
  • Comply with local, state, and federal government reporting requirements, tax filings, and records maintenance

Third Parties

  • Report required information to banks
  • Maintain relationships with banks, insurance providers, auditors, and all other third party vendors.

Minimum Qualifications:

  • Bachelor’s degree in Accounting or Business Administration or equivalent business experience with 15+ years of progressively responsible experience with a major company or accounting firm.
  • International Accounting Experience preferred
  • Experience in partnering with an executive team
  • High-level written and oral communication skills
  • CPA or CMA designation preferred

 Skills and Abilities:

  • Must have proven ability to perform all direct professional accounting duties for Company while providing supervision to the accounting department
  • Highly developed customer relations and communication skill to interface with internal and external clients
  • Provide financial analysis and high level decision making to various accounting related issues
  • Exceptional organizational ability
  • Timely responsiveness under deadline

relationship/Contact

  • Reports directly to CEO.  Controller has supervisory responsibility for all members of the accounting and human resource department

Physical Demands, Work Environment and Other Requirements

  • Duties include, but not limited to stand, walk, twist, bend, lift, see, talk and hear.  Work to be performed in an office environment.  Some travel to Company customers may be necessary as well as possible attendance at industry conferences.