Controller
SUMMARY
Under limited supervision, the Controller will be the primary financial leader for the company ensuring all financial statements and data are free from error and in accordance with GAAP, tax law, and all other rules and regulations.
The position reports to the Chief Operating Officer.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Prepare timely and accurate consolidation of monthly/quarterly/annual financial statements in compliance with GAAP. Monthly close process to < 10 business days.
- Lead the annual budgeting process across the organization, developing robust financial models and a monthly reporting package highlighting actual to budget/forecast and various KPI reporting as deemed appropriate for the Company by management.
- Prepare long-range financial forecasts, cash flow projections (including 13-week cash flow reporting), and growth scenarios to guide strategic planning.
- Analyze daily/weekly/monthly/quarterly financials and KPIs, identifying business drivers and areas for optimization.
- Analyze working capital (DSO, DIO, DPO) for business needs and opportunities for improvement
- Oversee the payroll function to ensure compliance and execution of the payroll cycle.
- Establish and enforce accounting policies, procedures, and internal controls aligned with best practices.
- Ensure compliance with GAAP, tax laws, and external audit requirements. The position will be the primary liaison with third party partners related to taxes and audit requirements.
- Assist in the acquisition process from participating in financial due diligence to the creation of the opening balance to the post-acquisition integration into the Company’s processes and systems.
- Create quarterly debt covenant calculations and associated reporting.
- Managing key external relationships, including the Company’s bank and insurance providers.
- Mentor and develop a high-performing accounting team, fostering continuous process improvements.
Other Responsibilities
- In partnership with our third party broker, responsibility over the property, casualty, worker’s compensation and health insurance requirements and annual review of coverages, pricing, etc.
- Support management and the Board in evaluating and monitoring add-on M&A opportunities and then participating in the post-merger integration process
- Board material preparation
- Other duties as assigned
PHYSICAL DEMANDS: While performing the duties of this job, the employee is required to sit at a computer terminal for extended periods of time, visit customer facilities, including out-of-state and international travel, and travel between departments and divisions.
WORK ENVIRONMENT: While performing the duties of this job, the employee will periodically have to travel through manufacturing departments and/or plant warehouses. The employee may be required to travel, including internationally.
QUALIFICATIONS:
- Bachelor's degree in Accounting; CPA (active/inactive status) preferred
- Minimum of 10 years of progressive accounting leadership experience – preferably in the manufacturing or distribution sector
- Proven track record of leading and influencing others.
- Expertise in GAAP financial reporting and analysis.
- Advanced proficiency in ERP systems and Microsoft Excel (Netsuite, Prophet 21 and Tableau experience a plus)
- Exceptional organizational, problem-solving and strategic thinking capabilities.
- Professional, strong communicator and interpersonal skills (written and verbal).
- Must be able to travel domestically
- Must be able to wear personal protection equipment, such as earplugs, safety glasses and safety shoes.
Who We Are
The Armstrong Group is a family owned and operated collection of diverse companies. What began in 1946 as Armstrong County Line Construction, founded by Jud L. Sedwick in Kittanning, PA, has now grown into an organization that encompasses multiple industries and employs over 2,400 individuals nationwide. Our brands include Armstrong Utilities, Guardian Protection, Armstrong Development, 4Front Solutions, Twin Pops, and Armstrong Comfort Solutions.
Armstrong is an Equal Opportunity Employer.