Business Unit Controller
Neeltran, Inc. New Milford, CT
- Expired: September 09, 2021. Applications are no longer accepted.
Job DescriptionTitle: Business Unit ControllerReports to: General ManagerDepartment: Accounting & FinanceSummary - Job Responsibilities - Activities:Essential Functions:Supports all levels of the organization including the General Manager on all financial aspects of the business unit with monthly operational reviews, the VP Corporate Controller in all accounting manners, and the Finance Director in all financial, planning, and analysis activities in order to meet corporate goals. Collaborates with General Manager, site accountants, and senior management to analyze and explain results and variances, make improvements, manage projects, identify inefficiencies, understand operations, and lead the development of complex analysis. Manages and mentors Accounting Manager.
Integrates and trains new employees to lead and continue the professional development of the existing team Responsible for all accounting operations including A/R, A/P, G/L, Inventory/Cost Accounting and Revenue... Recognition. Reviews monthly balance sheets, profit and loss statements, and analyzes against budget/forecast.
Prepares audit supporting memos and high-level financial analysis to support key financial judgement areas Further develops financial strategy, risk minimization plans, and opportunity forecasting. Primary contact for external auditors regarding quarterly and annual audit for business unit. Responsible for monthly closing process, within four business days of month-end.
Provides weekly cash forecast and updates financial forecasts against budget on monthly basis. Ensures accuracy of backlog and new orders reporting. Prepares regular budget consolidation, annual budget, capital expenditure, operating costs and present it to the senior management for approval.
Provides proactive / unsolicited consultation, interpretation, and education of complex financial and operational matters to various departmental leaders used to drive business. Ability to continuously monitor and analyze project details for profitability. Maintains compliance following internal controls established by the Company under SOX 404 and ensuring proper accounting in accordance with US GAAP.
Protects organization's value by keeping information confidential.Education - Experience:Bachelor's degree in accounting or Finance, required. At least eight to ten years' experience in variety of accounting /financial management positions. CPA or MBA preferred.Required Skills, Competencies, Authorities and Training Needs:Hands-on, and flexible attitude.
Excellent verbal and written communication skills. Excellent organizational skills and attention to detail. Comprehensive Knowledge of GAAP financial accounting and cost accounting.
Exceptional analytical ability. Familiar using ERP systems (Epicor is a plus). Advanced knowledge of Microsoft Excel, Word, and Outlook.
Experience in a manufacturing environment is preferred.Physical Requirements:Prolonged periods sitting at a desk and working on a computer. Must be able to lift up to 15 pounds at times.Company DescriptionAt Neeltran we are uniquely positioned because we are one of the few companies in the world that designs and manufactures its own rectifier transformers and dc rectifiers in the same facility under one management team. This unique capability allows for combined Full Current and Full Voltage factory testing of the transformer and rectifier in their actual configuration prior to shipment.An experienced client requires combined testing to eliminate integration problems at the site and to assure the shortest commissioning time.
This results in significant cost savings and produces the highest quality units. Most other Power Electronic System integrators purchase the Transformer from the least expensive sub-contractor, or they manufacture key system components in different geographic locations which operate under different management objectives.Our power conversion products and customer service are the best in the industry. Being that
AddressNew Milford, CT
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