Assistant Controller

Full Time
Cedar Rapids, IA 52402
Posted
Job description

Filtration Group Overview:
Filtration Group is on a mission to make the world safer, healthier and more productive. With a passionate workforce, global footprint and world class engineering and manufacturing capabilities, we are driving innovation and developing solutions across a broad spectrum of applications in the fast-growing global filtration industry. We are committed to maintaining an entrepreneurial culture built on a foundation of trust and in which our leaders exhibit a strong bias for action.

The Company began in 2009 and has rapidly grown to be a global leader in the highly attractive filtration industry.

With revenues of $2 billion, Filtration Group is consistently recognized as the fastest growing and one of the largest filtration businesses in the world. With over 10,000 employees, the Company serves its customers from a global footprint of 105 facilities in over 25 countries. Filtration Group operates across a wide variety of attractive end markets and produces mission critical products with high replacement rates. Over 80% of the Company’s revenue comes from replacement / consumable products, many of which are specified into customer’s products or processes.

Filtration Group is an affiliate of Madison Industries, one of the largest and most successful privately held companies in the world. Madison builds entrepreneurially driven, branded market leaders that are committed to making the world safer, healthier and more productive by creating innovative solutions that deliver outstanding customer value. The team at Madison is committed to building something truly remarkable that long outlasts them while coaching others to reach their highest potential. Please visit Madison at www.madison.net.

Responsibilities

The Assistant Controller will be responsible for coordinating the accounting and finance functions and report directly to the Director of Finance. Primary responsibilities include process and cost management, compliance with and understanding of revenue recognition standards, and execution of the monthly close process. The Assistant Controller is also expected to partner with the plant and group management to help understand and interpret financial performance.

Primary Duties / Responsibilities include but are not limited to the following:

  • Management of accounting operations including credit, collections, billing, payables, cash disbursements, fixed assets, and general ledger entries
  • Responsible for monthly closing procedures in local ERP system and global reporting system, including reconciliation of all balance sheet accounts on a monthly basis
  • Respond to group and corporate requests for information in a timely manner
  • Assist in the development of budgets and forecasts
  • Responsible for accurate reporting of cost, including identification of variances related to Purchased/Received Goods, Overheads and Operating Costs; determine root causes and make recommendations for improvement
  • Involved in the cycle count and physical inventory processes with operations
  • Maintain Fixed Asset Ledgers
  • Assist in the completion of certain governmental reporting (income tax, property tax, sales/use tax) as necessary
  • Safeguard assets and ensure accurate and timely recording of all transactions by maintaining a sound internal control environment while simultaneously driving efficiency throughout the organization
  • Ensure adherence with FG policy and Generally Accepted Accounting Principles
  • Demonstrate trust, bias for action and entrepreneurship in daily activities and when communicating with other associates and departments.

Qualifications

SKILLS and EXPERIENCE QUALIFICATIONS:

  • 5+ years of related experience in a manufacturing or distribution environment
  • Public company or public accounting experience a plus
  • Some Cost Accounting experience preferred
  • B.S. in Accounting
  • Proficient with ERP systems and experience with analytical tools such as Advanced level of Excel and other Microsoft tools
  • Effective verbal and written communication skills
  • Strong attention to detail and accuracy with sounds organizational skills
  • Ability to manage multiple priorities but also be deadline oriented
  • Willingness to be a part of a team performing whatever duties are necessary to complete the task at hand

Job Type: Full-time

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Employee assistance program
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Paid time off
  • Parental leave
  • Vision insurance

Schedule:

  • Monday to Friday

Education:

  • Bachelor's (Preferred)

Experience:

  • Accounting: 5 years (Preferred)
  • Cost accounting: 1 year (Preferred)
  • Microsoft Office: 3 years (Preferred)

Work Location: One location

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