Director - Corporate Accounting & Treasury

Gentex Corp•Carbondale Township, PA

1d•Onsite

About The Position

The Corporate Accounting Director is responsible for managing and supervising the accounting department of Gentex Corporation. The Accounting Director oversees the financial operations of the company and ensure accurate and timely recording of financial transactions. The Accounting Director will also manage the day-to-day accounting functions such as accounts payable, accounts receivable, payroll, and general ledger.

Requirements

Bachelor's degree in accounting or related field; Master's degree and/or CPA certification strongly preferred
Minimum of 7 years of progressive accounting experience, with at least 5 years in a managerial leadership role.
Strong knowledge of GAAP and other accounting principles and regulations
Experience with accounting software and ERP systems, as well as proficiency with Microsoft Excel and other Office applications
Excellent analytical and problem-solving skills, with attention to detail
Strong communication and interpersonal skills, with the ability to interact effectively with and influence all levels of the organization
Change agent that Initiates process improvements including business case, prioritization, implementation, education and documentation.
Demonstrated ability to manage multiple projects and priorities in a fast-paced environment
Strong leadership and management skills, with the ability to motivate and develop staff
Self-motivated, results-oriented, able to work without supervision, able to produce consistent, accurate, timely work

Responsibilities

Manage and supervise the accounting team, including accounts payable, accounts receivable, payroll, general ledger, and treasury and identify and implement process improvements to increase efficiency and effectiveness of the accounting function.
Manage the month-end and year-end close processes, including preparing and reviewing journal entries, reconciliations, and group consolidation (incl. intercompany elimination).
Financial Reporting and Analysis: Prepare accurate and timely financial statements, including income statements, balance sheets, cash flow statements and bank covenant calculations. Conduct financial analysis, identify trends, and provide insights to support decision-making. Prepare financial reports to bank and tax advisors.
US. GAAP Application: Develop and implement accounting policies and procedures to ensure compliance with generally accepted accounting principles (GAAP) and other regulatory requirements. Research and propose accounting treatment of transactions as needed including preparation of accounting memos for review by our auditors.
Assist in the preparation and review of budgets, forecasts, and financial analyses to support business decisions
Stakeholder Communication: Collaborate with internal stakeholders, such as finance, accounting, and executive teams, to support financial decision-making. Provide financial expertise and guidance to other departments on financial matters. Communicate effectively with external stakeholders, including banks, auditors, and regulatory bodies.
Cash Management: Manage the organization's cash flow, ensuring adequate liquidity for day-to-day operations. Forecast cash requirements and optimize the utilization of available funds. Implement efficient cash handling procedures and controls.
Investment, Funding and Risk Management: Develop investment strategies to maximize returns on surplus funds while considering risk tolerance and liquidity needs. Develop funding strategies to finance working capital, capital expenditures, shareholder payments while minimizing interest paid. Identify and manage financial risks, such as interest rate risks, foreign exchange risks, and credit risks.
Compliance and Internal Controls: Ensure compliance with financial regulations, accounting principles, and internal policies. Establish and maintain internal controls to safeguard the organization's assets and ensure the accuracy of financial reports. Coordinate and support external audits and regulatory inspections. Banking and Treasury Operations: Oversee banking relationships, including account management, negotiations, and fee analysis. Manage treasury operations, including cash pooling, cash concentration, and payment processing. Oversee administration of export and standby letters credit process to ensure timely and full collection of funds. Evaluate and implement financial technologies and systems to optimize treasury operations.
Insurance Program Management and Policy Administration: Develop and execute the organization's insurance strategies and policies to minimize risk exposure. Evaluate and identify the organization's insurance needs across various areas, such as property, liability, etc. Coordinate with insurance brokers, underwriters, and carriers to obtain suitable coverage and assist in negotiation of competitive insurance premiums. Manage the administration of insurance policies, including policy renewals. Review policy terms, conditions, and exclusions to ensure they align with the organization's needs and risk appetite. Maintain accurate and up-to-date insurance records and documentation.