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Job Location drjobs

Norfolk - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

KITCO Fiber Optics Inc.

As a part of the global industrial organization Marmon Holdingswhich is backed by Berkshire Hathawayyoull be doing things that matter leading at every level and winning a better way. Were committed to making a positive impact on the world providing you with diverse learning and working opportunities and fostering a culture where everyones empowered to be their best.

Position Overview:
The Controller is directly responsible for the business units accounting operations. The controller will assist in identifying and implementing corporate and local objectives; coordinate and provide direction for the locations administrative functions including cost accounting general accounting as necessary budgeting continuous improvement site support for Electrical Platform finance and ad hoc projects. The ideal candidate will have strong leadership skills extensive experience in the aerospace & defense industry and an understanding of government contracts and regulations (FAR/DFARS). This role reports onsite to the General Manager at the headquarters office located in Norfolk VA.

Essential Duties:

  • Evaluate business performance compared to established financial and operational goals and projections.

  • Ensure compliance with government contracts including the FAR (Federal Acquisition Regulation) and DFARS (Defense Federal Acquisition Regulation Supplement). Manage revenue recognition and cost allocation related to government contracts and programs.

  • Develop and maintain effective internal controls to safeguard company assets. Coordinate external and internal audits and address any discrepancies or issues identified.

  • Evaluate all reports and maintain financial accuracy for all business processes.

  • Oversee and manage the accounting department including supervising 23 direct reports ensuring team performance aligns with departmental and organizational objectives.

  • Drive budgeting and forecasting processes provide financial projections and support strategic planning efforts. Monitor budget variances and recommend corrective actions.

  • Analyze all business trends and key performance indicators to provide required explanations and/or suggest opportunities for improvement.

  • Prepare reports that summarize and forecast business activity and financial position in terms of income operating expenses CAPEX and earnings based on past present and expected operations.

  • Responsibility for maintaining legal contracts insurance policies and business documents related to business function and working with the appropriate Marmon teams as necessary.

  • Maintain awareness of operations and provide direction to improve operations and staffs effectiveness and overall performance.

  • Prepare and present financial justification for all capital expenditures requested by operations.

  • Oversee safeguarding and periodic physical property plant and equipment inventories.

  • Prepare the 80/20 quad and quartile analysis and provide it to the operations team. Discuss the results and develop action plans if any.

  • Maintain product margin reporting to assist management in appropriating pricing products to maximize profitability.

  • Ensure compliance with internal controls as required under GAAP SOX and company policy; evaluate business compliance with these policies

  • Administer physical inventories analyze trends in physical inventory adjustments; also analyze reserve for slowmoving or excess inventory.

These are the general duties required to fulfill the Controllers job description not a detailed description of all the work needed. New duties and responsibilities may be required to meet the businesss changing demands.

Qualifications:

  • Bachelors degree in accounting Finance or related field (Masters or CPA preferred).

  • Minimum of five years of experience in a senior finance role ideally within the aerospace and defense sector.

  • Deep understanding of government contracting regulations including FAR DFARS and cost accounting standards (CAS).

  • Proven experience with financial systems ERP systems (e.g. SAP Oracle) and advanced Excel skills.

  • Strong leadership skills with the ability to manage and motivate a team.

  • Excellent analytical problemsolving and communication skills.

  • Ability to work in a fastpaced dynamic environment while managing competing priorities.

  • High level of integrity and attention to detail.

Preferred Qualifications:

  • Experience in project accounting and managing longterm contracts.

  • Knowledge of costplus and fixedprice contracts.

  • Experience with DCAA (Defense Contract Audit Agency) audits and compliance.

  • Previous work experience with a large aerospace/defense company or contractor.

Following receipt of a conditional offer of employment candidates will be required to complete additional jobrelated screening processes as permitted or required by applicable law.

We are an equal opportunity employer and all applicants will be considered for employment without attention to their membership in any protected class. If you require any reasonable accommodation to complete your application or any part of the recruiting process please email your request to and please be sure to include the title and the location of the position for which you are applying.

Employment Type

Full-Time

Company Industry

About Company

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