Controller in Bristol, Tennessee at Tri-City Extrusion Inc

SUMMARY OF POSITION:

The position of Controller is responsible for the accounting operations of the company, to include the production of periodic financial reports, cash management, maintenance of an adequate system of accounting records, utilizing a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles or international financial reporting standards.

ESSENTIAL JOB FUNCTION:

 Determine depreciation rates to apply to capitalized items, and advise management on actions regarding the purchase, lease, or disposal of such items.

 Prepare financial information so that DKM tax department can complete tax returns.

 Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, and/or reports required by regulatory agencies.

 Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties.

 Delegate authority for the receipt, disbursement, banking, protection, and custody of funds

 Maintain current knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards.

 Conduct or coordinate audits of company accounts and financial transactions to ensure compliance with state and federal requirements and statutes.

 Authorize disbursements in accordance with policies and procedures.

 Monitor and evaluate the performance of accounting and other financial staff

 Coordinate and direct the financial planning and budgeting activities of the organization.

 Develop internal control policies, guidelines, and procedures for activities such as budget administration, cash and credit management, and accounting.

 Analyze the financial details of past, present, and expected operations in order to identify development opportunities and areas where improvement is needed.

 Advise management on short-term and long-term financial objectives, policies, and actions.

 Provide direction and assistance regarding accounting and budgeting policies and procedures, and efficient control and utilization of financial resources.

 Lead staff training and development in budgeting and financial management areas.

 Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives

 Prepare 5 year business plan - annually

 Prepare quarterly frozen forecasts

 Month-end reporting and Month-end closing

 Monthly President's report

 Quarter reviews

 Cash forecasting - weekly

 Weekly parent company (DKM) lender reporting

 Year-end financial reporting

 Monthly borrowing base report

 Responsible for Quarterly Audits and compliance

 Daily Purchase Order approval

 Inventory management – monthly

SKILLS AND ABILITIES REQUIRED:

 Processing Information — compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.

 Monitoring and Controlling Information

 Evaluating Information to Determine Compliance with Standards

 Developing Objectives and Strategies

 Communicating with Supervisors, Peers, or Subordinates

 Establishing and Maintaining Interpersonal Relationships

 Making Decisions and Solving Problems

 Organizing, Planning, and Prioritizing Work

 Resolving Conflicts and Negotiating with Others

 Guiding, Directing, and Motivating Subordinates

 Monitor Processes, Materials, or Surroundings

 Communicating with Persons Outside Organization

 Thinking Creatively

 Performing Administrative Activities

 Estimating the Quantifiable Characteristics of Products, Events, or Information

 Interacting With Computers and Systems

EDUCATION AND EXPERIENCE REQUIRED:

Bachelor's degree in accounting or business administration and 5+ years of progressively responsible experience in related field