The Controller serve as a member of the companys leadership team with responsibilities over the accounting department internal and external financial reporting financial controls budgets and forecasts compliance with tax regulations and safeguarding the assets and financial data of the company.
Responsibilities Include:
- Direct the activities of the Accounting Department to ensure information is prepared and maintained in accordance with all statutory and regulatory requirements as well as U.S. Generally Accepted Accounting Principles (GAAP) and company Standard Policies and Procedures (SPPs).
- Develop strategic business plans annual budgets and monthly forecasts in partnership with business unit leadership.
- Partner with General Manager (GM) and take on a business leadership role by raising issues providing sound financial advice to the leadership team and working cross functionally to eliminate risks and roadblocks that could hamper the companys ability to achieve financial targets.
- Lead the monthly Accounting close process and ensure that all financial results are accurately reported deadlines are met and all internal controls have been followed including ensuring that account reconciliations are prepared and approved manual journal entries have been entered correctly and are approved data from third party software has been uploaded and reconciled to the ERP system and material variances between actual results and prior forecast are explained.
- Coordinate internal and external audits and resolve any identified issues in a timely manner.
- Review all requests for capital expenditures lead the approval process and manage working capital budgets.
- Analyze financial data identify trends and recommend improvements to financial performance including pricing recommendations to ensure margin targets are achieved.
- Oversee the accounting department including accounts payable accounts receivable payroll and cost.
- Establish and maintain internal controls to safeguard assets and ensure financial integrity.
- Establish inventory targets (chassis and raw); plan and coordinate all aspects of the physical inventory annually; and establish and oversee all inventory reserves.
- Act as a liaison between other operating departments in the conduct and administration of all facets of accounting.
- Act as a point of contact for all Group and Corporate financial questions and requests.
- Assist General Manager in establishing direction of the company (product lines facility enhancements staffing etc.)
- Participate in the monthly business review meeting with Corporate office and monthly Vactor staff meeting.
- Provide directions and guidance to staff for professional and career development.
- Perform other duties assignments and special projects as required.
Education/Experience/Skills Required:
- Bachelors degree in Accounting required
- MBA or CPA preferred
- 7-10 years of direct experience in accounting and financial reporting
- 5 years experience in the manufacturing industry
- 5 years management experience
- In depth knowledge of accounting finance budgeting and cost control principles including Generally Accepted Accounting Principles (GAAP) and Sarbanes-Oxley Act (SOX) requirements
- Good knowledge of short-term and long-term budgeting and forecasting as well as product-line profitability analysis.
- Demonstrated resourcefulness in setting priorities proposing new ways of creating efficiencies and guiding investment in people and systems.
- Proven ability to lead business professionals to develop and implement strategies policies and procedures that maximize profitability cash flow return on investment and overall effectiveness of the organization.
- Prior supervision of both salaried and hourly position team members required.
- Ability to communicate effectively
- Strong leadership skills including ability to coach and develop team.
- Good reasoning abilities and sound judgment
- Excellent understanding of Microsoft Excel and other Microsoft applications.
- Strong attention to detail planning and organizational skills
- Ability to adhere to and enforce compliance with corporate controls and policies at all levels of the organization
Salary Range - $140k-185k
Benefits of Employment:
Benefits of Employment: In addition to excellent career growth opportunities Federal Signal Corporation offers a wide array of benefits including: annual bonus potential insurance (life medical dental vision) paid holidays paid vacation 401(k) with matching contributions and tuition reimbursement. We provide our employees with a smoke-free drug-free workplace.
About us:
Federal Signal Corporation (NYSE: FSS) builds and delivers equipment of unmatched quality that moves material cleans infrastructure and protects the communities where we work and live. Founded in 1901 Federal Signal is a leading global designer and manufacturer of products and total solutions that serve municipal governmental industrial and commercial customers. Headquartered in Downers Grove IL with manufacturing facilities worldwide the Company operates two groups: Environmental Solutions and Safety and Security Systems. For more information on Federal Signal visit: . Vactor Mfg. is a leading manufacturer of municipal combination catch basin/sewer cleaning vacuum trucks and industrial vacuum loaders that clean up industrial waste or recover and recycle valuable raw materials. Vactor is located in Streator IL and is a subsidiary of Federal Signal Corporation.
The Company is an equal opportunity employer. Qualified applicants will not be discriminated against on the basis of and will receive consideration for employment without regard to race color religion national origin sex sexual orientation gender identity age disability genetic information status as a protected veteran or any other protected category characteristic or trait under applicable law. If you require reasonable accommodation in the application process contact Human Resources at All other applications must be submitted online.