Controller

Abacus Technology Corporation•Chevy Chase, MD

30d•Onsite

About The Position

Abacus Technology Corporation is seeking a Controller to perform monthly balance sheet account analysis, budget vs. actual analysis for the Corporate division, and prepare various cash, AP discount, and capitalization reports. The Controller will also review and approve accounts payable, applications for new credit arrangements, and file necessary returns for federal fuel credits. This role involves processing journal entries, completing used tax returns, managing annual US and International audits, tax returns, quarterly state tax payments, annual state reports, and preparing necessary forms and documents. Additionally, the Controller will assist with Branch Financial Analysis, perform internal audits of branch operations, and prepare vendor analysis reports. Communication with company bank representatives regarding sweep accounts and line of credit renewal, daily cash balance monitoring, and direct supervision of payroll and accounts payable employees are key responsibilities. This includes interviewing, training, assigning work, appraising performance, rewarding/disciplining employees, and resolving problems. The role also supervises/handles international payroll and correspondence for UK, German, and Italy operations, aims to improve processes and internal controls, recommends financial policies, and ensures compliance with accounting and tax laws.

Requirements

10+ year’s experience in an accounting or finance role of increasing responsibilities.
Bachelor’s degree in a related field.
Experience managing accounting tasks and staff.
Thorough knowledge of all accounting functions including accounts payable, accounts receivable, general ledger, journal entries, bank reconciliations, and financial statements.
Experience with an accounting system such as JAMIS or Deltek CostPoint.
Must be analytical, detail oriented, and organized.
Display ability to be an active problem solver and a good communicator.
Must be a US citizen.

Responsibilities

Perform monthly balance sheet account analysis.
Perform budget vs. actual analysis for the Corporate division on a monthly basis.
Prepare various cash, AP discount, and capitalization reports.
Review and approve accounts payable such as verifying that payables comply with company policy.
Review and approve applications for new credit arrangements.
File necessary returns to obtain federal fuel credits on a quarterly basis.
Process necessary journal entries on a monthly basis and complete monthly used tax returns.
Manage the annual US and International audits; the US and international tax returns; quarterly state tax payments; annual state reports, and preparation of necessary forms and documents.
Assist with the preparation of the Branch Financial Analysis.
Perform internal audits of the various branch operations and report results to the CFO.
Prepare vendor analysis reports and communicate findings to the CFO.
Communicate with company’s bank representatives regarding the initiation and monitoring of sweep accounts and the renewal of line of credit accounts.
Monitor cash balance on a daily basis and notify CFO when line of credit is low.
Directly supervise payroll and accounts payable employees and carry out supervisory responsibilities in accordance with the organization’s policies and applicable laws.
Handle interviewing and training employees; planning, assigning and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
Supervise/handle all international payroll/correspondence related to our UK, German, and Italy etc.
Improve processes and internal controls in all areas managed.
Recommend policies and procedures relating to financial and business practices to the company.
Ensure that accounting and tax laws are followed to satisfy state and federal regulatory requirements.