Controller in Torrance, California at Eravant
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Job Description
The Controller is responsible for leading the company’s financial operations, accounting functions, cost accounting, and financial planning activities. This role ensures accurate financial reporting, supports strategic decision-making, and maintains strong internal controls. Working closely with Operations, Supply Chain, and Engineering, the Controller brings financial discipline to a complex manufacturing environment and enables the company to scale profitably.
1. Financial Reporting & Accounting Operations
- Lead all accounting functions, including general ledger, A/P, A/R, payroll, and month-end close.
- Prepare accurate and timely financial statements (P&L, balance sheet, cash flow) in accordance with GAAP.
- Manage budgeting, forecasting, and financial planning cycles.
- Maintain internal controls to ensure accuracy, compliance, and safeguarding of company assets.
- Coordinate external audits, tax filings, and regulatory reporting.
2. Cost Accounting & Manufacturing Finance
- Maintain and update cost accounting models for BOMs, routing, labor, overhead, and burden.
- Track product and project-level margins; report variances and cost drivers.
- Monitor inventory valuation (raw material, WIP, finished goods) and reconcile discrepancies.
- Partner with Operations to monitor scrap, yield, cycle time, and production variances.
- Support pricing strategies and cost-model accuracy for RF/mmWave products and assemblies.
3. Cash Flow, Working Capital & Treasury Management
- Manage cash flow forecasting, payment scheduling, receivables collection, and working capital optimization.
- Oversee credit terms, customer credit risk, and vendor payment cycles.
- Support capital expenditure planning and ROI analysis for production and test equipment.
4. Financial Analysis & Business Decision Support
- Provide financial insights to leadership for strategic decisions, growth planning, and risk mitigation.
- Analyze trends in revenue, gross margin, costs, labor utilization, and operational performance.
- Build financial models for new product introductions, major customer programs, or investment opportunities.
- Prepare executive-level reporting packages for CEO/President and Board review.
5. ERP, Systems, and Process Improvement
- Oversee financial modules within the ERP system (e.g., NetSuite).
- Ensure accurate transaction flows across purchasing, production, inventory, and sales order processes.
- Implement process improvements to increase reporting accuracy, speed, and operational alignment.
6. Cross-Functional Leadership
- Work closely with Operations to align production performance with financial targets.
- Support Supply Chain with vendor cost analysis and purchasing strategy.
- Collaborate with Engineering on NPI cost projections, ECO impact, and version control for BOMs.
- Provide financial guidance to Sales and Customer Service on pricing, terms, and margins.
- Bachelor’s degree in accounting, Finance, or related field.
- 7–15 years of accounting/finance experience, including at least 5 years in manufacturing.
- Strong understanding of cost accounting, inventory valuation, and WIP management.
- Expertise with financial ERPs (NetSuite strongly preferred).
- Solid grasp of GAAP and internal control frameworks.
- Advanced Excel and financial modeling capability.
- Strong communication skills and ability to work cross-functionally.
Preferred Qualifications
- CPA, CMA, or MBA.
- Experience with RF/microwave, electronics, aerospace, or precision hardware industries.
- Prior experience in a company with <$50M revenue and high-mix, low-volume production.
- Experience improving or implementing an ERP system.