Controller and Chief Accounting Officer

Haynes International Ltd•Kokomo, IN

43d•Onsite

About The Position

Qualifications: Education: Bachelor's Degree Accounting or Finance (required); MBA preferred Experience: 15 years Accounting or Finance (required): 20 years experience (preferred) Areas of Knowledge: Accounting - General, Corporate, Cost, Tax, & International (required); Metals Industry Sales & Operations, Haynes Products & Customers, Haynes Systems (preferred) Skills: Leadership, Organization, Planning, Analytical Ability and Communication Skills Primary Responsibilities and Accountabilities: Timely and accurate representations of Haynes financial conditions and prospects. Financial control of all assets and costs. Control of all actual and planned capital expenditures. Control of credit extension and collection. Timely and efficient procurement of all goods & service's necessary for operations including cost containment Timely completion of analysis in support of business planning and evaluation. Compliant with tax regulation, domestic and foreign Participate with production planning and manufacturing of all inventory amounts globally Provide exceptional leadership, communication, and interpersonal skills to accounting team Internal Financial Reporting: Accurate and timely completion of monthly close along with compilation of internal financial reporting Consolidation of all entities Review of trial balances and determination of accuracy of individual amounts (accruals/reserves/ cost, etc.) Oversee general accounting functions such as accounts receivable, accounts payable, payroll, and cost accounting functions, etc. Compliant with domestic and foreign tax requirements. Actual results compared to Budget results and review with management in order to determine if corrective action required. Accounting Accuracy and Compliance: Maintain cost standards which are reasonably close to actual cost amounts. Ensure accuracy of inventory valuation and compliance with GAAP methods of reporting Maintenance of internal controls for the protection of Company assets and proper inventory valuation. Proper Accounting for Deferred Compensation Awards or Share-Based Compensation Awards. Adherence to Generally Accepted Accounting Principles. Review and evaluation of information within PP&E system for determination of accuracy of supporting sub ledgers Current asset capitalization policy. Ensure correct depreciation rates per asset categories. Review of AFE's for proper authorization and adherence with Capital Expenditure manual including acceptable ROA per project Evaluate and initiate opportunities for cost containment Budget and Planning: Ensure completion of Budget on timely basis Evaluate and determine that results indicated for Budget are in line with assumptions and that indicated results are reasonable and achievable Establish and maintain a review process to ensure that if actual results and current data begin to deviate from expected results the appropriate corrective action can be taken. Cash Management (Liquidity): Ensure that the cash forecast is linked to the Budget process (reconciliation of sales and cash disbursements between P/L, Balance Sheet and cash flow). Review cash forecast to ensure that projection is adequate to meet Company's liquidity requirements and that forecast is continually updated for changes in the business environment (anticipation of Company's needs). Participate with manufacturing in management of inventory amounts on a worldwide basis. Oversee customer credit and collections. External Audits and Internal Controls: Oversee audit and reviews performed by external auditors worldwide Responsibility to ensure that Company is compliant with our Internal Control Program. Identification of material risk factors. Review results of testing process for internal controls and determine appropriate remediations if needed. Tax Accounting and Reporting - Domestic and Foreign: Manage and provide the accurate and timely preparation and reporting of Federal, State and other government agencies. Includes State Income tax returns and estimated payments. Ensure that tax activity and balances are properly reflected in the books of account. Review and maintain transfer pricing policy and compliance with all tax jurisdictions Other Treasury Responsibilities: Manage credit and collections functions. Review and determine market risks such as foreign currency risk and commodity price risk.

Requirements

Bachelor's Degree Accounting or Finance (required)
15 years Accounting or Finance (required)
Accounting - General, Corporate, Cost, Tax, & International (required)
Leadership, Organization, Planning, Analytical Ability and Communication Skills

Nice To Haves

MBA preferred
20 years experience (preferred)
Metals Industry Sales & Operations, Haynes Products & Customers, Haynes Systems (preferred)

Responsibilities

Timely and accurate representations of Haynes financial conditions and prospects.
Financial control of all assets and costs.
Control of all actual and planned capital expenditures.
Control of credit extension and collection.
Timely and efficient procurement of all goods & service's necessary for operations including cost containment
Timely completion of analysis in support of business planning and evaluation.
Compliant with tax regulation, domestic and foreign
Participate with production planning and manufacturing of all inventory amounts globally
Provide exceptional leadership, communication, and interpersonal skills to accounting team
Accurate and timely completion of monthly close along with compilation of internal financial reporting
Consolidation of all entities
Review of trial balances and determination of accuracy of individual amounts (accruals/reserves/ cost, etc.)
Oversee general accounting functions such as accounts receivable, accounts payable, payroll, and cost accounting functions, etc.
Compliant with domestic and foreign tax requirements.
Actual results compared to Budget results and review with management in order to determine if corrective action required.
Maintain cost standards which are reasonably close to actual cost amounts.
Ensure accuracy of inventory valuation and compliance with GAAP methods of reporting
Maintenance of internal controls for the protection of Company assets and proper inventory valuation.
Proper Accounting for Deferred Compensation Awards or Share-Based Compensation Awards. Adherence to Generally Accepted Accounting Principles.
Review and evaluation of information within PP&E system for determination of accuracy of supporting sub ledgers
Current asset capitalization policy. Ensure correct depreciation rates per asset categories.
Review of AFE's for proper authorization and adherence with Capital Expenditure manual including acceptable ROA per project
Evaluate and initiate opportunities for cost containment
Ensure completion of Budget on timely basis
Evaluate and determine that results indicated for Budget are in line with assumptions and that indicated results are reasonable and achievable
Establish and maintain a review process to ensure that if actual results and current data begin to deviate from expected results the appropriate corrective action can be taken.
Ensure that the cash forecast is linked to the Budget process (reconciliation of sales and cash disbursements between P/L, Balance Sheet and cash flow).
Review cash forecast to ensure that projection is adequate to meet Company's liquidity requirements and that forecast is continually updated for changes in the business environment (anticipation of Company's needs).
Participate with manufacturing in management of inventory amounts on a worldwide basis.
Oversee customer credit and collections.
Oversee audit and reviews performed by external auditors worldwide
Responsibility to ensure that Company is compliant with our Internal Control Program.
Identification of material risk factors.
Review results of testing process for internal controls and determine appropriate remediations if needed.
Manage and provide the accurate and timely preparation and reporting of Federal, State and other government agencies. Includes State Income tax returns and estimated payments.
Ensure that tax activity and balances are properly reflected in the books of account.
Review and maintain transfer pricing policy and compliance with all tax jurisdictions
Manage credit and collections functions.
Review and determine market risks such as foreign currency risk and commodity price risk.