Job Description
IPS- AkroFire is seeking a Controller who is responsible for managing the financial analysis and accounting operations, including processing of financial transactions, production of periodic financial reports, and maintenance of accounting records. Responsible for a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company’s reported financial results, and ensure compliance with generally accepted accounting principles and/ or international financial reporting standards. Prepares consolidated results for reporting to Management. The Site Controller reports directly to the Vice President & General Manager.
About IPS: Integrated Polymer Solutions (IPS) is a leading developer and manufacturer of advanced materials and engineered components, specializing in high-value end markets such as aerospace, defense, medical, semiconductors, robotics, energy, and industrial applications. IPS is comprised of 10 highly respected brands, each recognized for their expertise and innovation: AkroFire, ABBA Roller, Icon Aerospace Technology, IRP Medical, MAST Technologies, Northern Engineering Sheffield (NES), Rubbercraft, Swift Textile Metalizing (STM), RMB Products, and SPIRA Manufacturing. Our extensive product portfolio includes elastomeric seals, gaskets, tooling, hoses, ablatives, survivability tiles, coatings and tapes, EMI and thermal shielding, electrically conductive metalized fabrics, and encapsulated O-rings—all designed to meet the most demanding performance requirements in mission-critical applications.
Job Responsibilities:
Manage accounting operations including A/R, A/P, G/L, Inventory/Cost Accounting and Revenue Recognition to ensure all financial and accounting transactions are processed to established standards and completed within targeted deadlines.
With support of the accounting shared service, oversee monthly accounting close process including analytical review of the monthly operating results to ensure accurate accounting records.
Refine, maintain and develop recommendation to management to ensure the integrity of operating standard cost system by performing a range of costing analysis and reporting including but not limited to: material costs and labor/overhead rates, standard costs versus actual manufacturing costs, cost of sales, cost trends and drivers for cost fluctuations providing management with reports specifying and comparing factors affecting cost and profitability of products or services, purchase price variance (PPV) and manufacturing variances, develop and monitor labor efficiency dashboards by value stream, excess and obsolete inventory, rates of scrap, return, manufacturing expenses, depreciation by analysis of profit and loss statements and manufacturing variance reports, develop income statement by value stream
Ensure the accuracy of inventory through coordination of regular cycle counts, annual physical, periodic review of work-in-progress (WIP) and regular analysis of required reserves
Manage capital projects and forecast cash flow impact
Assist in the preparation and review annual operating budget and periodic forecasts including income statement, balance sheets, and statement of cash flows
Prepare and review a full set of financial statements and make recommendations to improve business operations based on thorough analysis
Support annual external audit
Comply with local, state, and federal government reporting requirements and tax filings
Review accruals and provisions on periodic basis
Lead auxiliary and subsidiary accounts reconciliations
Work closely with internal and external stakeholders to provide interpretation of reports and analysis findings
Job Specifications:
Education: Bachelor’s degree (BS) in Accounting. Master’s degree or CPA preferred.
Years Experience:
Minimum 8 years’ experience in accounting
Minimum 5 years in as facility Controller or equivalent, Manufacturing experience desired
Skills:
Experience in Aerospace and/or low volume/high mix environment preferred
Experience with Government Contracting and FAR / TINA requirements is a plus
Proficient in MS Excel, automated accounting/financial reporting systems and ERP
In-depth knowledge of finance law and regulatory standards (GAAP)
Strong understanding of economic and banking processes
Demonstrated accomplishments of improving efficiencies and reducing costs across the business by processes optimization, developing standards and establishing internal controls
This position requires use of information or access to hardware which is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR
Benefits:
At Integrated Polymer Solutions, we recognize how important your career and benefits are to you and your family. We offer a full suite of benefits including medical, dental, vision, short and long-term disability coverage, accident insurance, critical illness insurance, basic and supplemental life insurance, employee assistance plan, retirement savings and matching, and other developmental opportunities. We are committed to supporting the way you live and
work.
IPS is an Equal Opportunity Employer Veterans/Disabled - Affirmative Action Employer.
This position requires the use of information which is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR. ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee.
Full-time