Job Summary
The Controller is responsible for all business and financial aspects of the Company. This person will manage all financial aspects including, but not limited to, financial controls (budgeting/forecasting), financial reporting, accounting and risk management. In addition, position will be responsible for all Financial Planning and Analysis.
The incumbent will approve transactions, prepare financial and operating reports. The Controller is responsible for Profit and Loss management and all balance sheet activities and is fully responsible for accuracy of all financial data.
Main Responsibilities
Establishes or recommends to management business strategies and objectives.
Establishes, develops and provides leadership for the finance and accounting departments.
Implements and administers accounting policies, procedures and practices and ensures accurate and timely recording and reporting of operating results.
Directs the preparation of timely, accurate financial reporting with detailed variance explanations as required each day, week, month, quarter to date, year to date, and prior year analysis as required by management and ownership.
Prepares Journal Entries, performs general ledger account reconciliations and owns the month-end closing process.
Manages all audits of the Company’s accounts.
Directs the preparation of reports required by regulatory agencies at all governmental levels and Bank reporting.
Oversees activities ensuring the accurate and timely processing of accounts payable, purchase orders, petty cash, employee expense reports, accounts receivable, billing, cash receipts application, commissions, payroll processing, quarter and year-end payroll closing, etc.
Job Requirements (Education, Experience, Knowledge, Skills)
Bachelor’s or Advanced Degree in Accounting, Business Management, Finance or related field is required.
At least 5-10 years of relevant experience in an industrial company.
Must have a comprehensive understanding of current and proposed GAAP regulations.
Must be able to research and understand complex accounting, finance and tax issues, draw conclusions and determine appropriate actions to model transactions.
Must be a self-starter, able to perform with little supervision, and provide leadership and job enhancements to personnel to manage their work in the same manner.
Key Competencies
Communication: Creates an atmosphere in which timely and high-quality information flows smoothly both up the organization and down, inside the organization; encourages open expression of ideas and opinions.
Organizational Understanding: Understands the agendas and perspectives of others, recognizing and effectively balancing the interests and needs of one’s own group with those of the broader organization
Initiative: Does more than is required or expected in the job; does things that no one has requested that will improve or enhance products and services or develop entrepreneurial opportunities. Plans for upcoming problems or opportunities and takes appropriate action.
Problem Solving/Analytical Thinking: Builds a logical approach to address problems or opportunities or manage the situation at hand by drawing on own knowledge and experience base and calling on other references and resources as necessary.
Drive for Results: Demonstrates concern for achieving or surpassing results against an internal or external standard of excellence, shows a passion for improving the delivery of services with a commitment to continuous improvement.
Planning & Organizing: Establishes a systematic course of action for self or others to ensure accomplishment of a specific objective. Establishes procedures to monitor the results of delegations, assignments or projects and sets priorities, goals and timetables to achieve maximum productivity.
Top Skills
What We Do
SunSource, a leader in industrial and mobile fluid power distribution for over 85 years, provides customers with innovative solutions that help reduce maintenance costs, lower operating costs and increase productivity. The solutions are part of the SunSource Advantage: a comprehensive program offering design and engineering support; supply chain optimization; productivity solutions; value-added services; and repair capabilities.
As a national distributor with local presence, SunSource has a unique and dominant position as a full-service resource for the industrial, OEM, MRO and mobile industrial equipment industries. We distribute a broad range of components, but SunSource is much more than a distributor just supplying fluid power components or systems. Along with high-quality products, we provide a commitment to high-quality customer service and technically sound, cost-effective solutions.
SunSource’s history of accomplishment and continued growth means that we give the best condition to energetic, driven people to be effective in their role. We pride ourselves on a culture that provides opportunities for development and advancement of our associates. In addition, we build meaningful relations with our customers, suppliers and internal associates. We are all bound by a pledge to a common mission toward providing the highest quality products and services within our industry and achieving the company’s growth objectives