Segment Controller

COMTECH TELECOMMUNICATIONS•Chandler, AZ

5d•Onsite

About The Position

The Segment Controller is a key member of the business as the site accounting lead and business partner to the BU Chief Financial Officer. This position is an on-site role located in Chandler, Arizona, and will be responsible for all financial reporting and analysis functions, operations reporting, compliance, and implementation of process improvements for the site. This is a hands-on operational accounting role that requires strength in product cost accounting and inventory management in a manufacturing environment. The position manages and coordinates the closure of financial systems and preparation of financial statements; working capital improvement initiatives, and detailed financial analysis of products and customers, making recommendations for improved operating results. The role also assists in monthly and quarterly financial reporting consolidation for the top-level business unit.

Requirements

Thorough knowledge of business finance, financial analysis and modeling
Public company experience preferred
Strong understanding of US GAAP (including ASC 606 Revenue Recognition) and SOX 404 requirements
Proficient with MS Office Suite, notably Excel (including pivot tables) and PowerPoint
Working knowledge of ERP platforms (Costpoint, M2K)
Proficient with financial consolidation reporting tools (Onestream)
Travel: 10% site visits to facility in Santa Clara, California, operational reviews, integration sessions

Nice To Haves

Excellent communication across all levels (Business Units, Segment, Corporate)
Ability to present confidently to Executive and/or Senior Divisional Leadership Team
Ability to meet strict deadlines and work independently

Responsibilities

Prepare and present the financial position of the business on a monthly, quarterly, and annual basis; perform fluctuation variance analysis to explain performance
Manage the month-end closing process to ensure timely and accurate reporting per Comtech guidelines; review and approve journal entries and account reconciliations
Analyze trend data in key performance indicators including Revenue, cost of sales, gross profit margin, expenses and working capital; communicate findings and areas for improvement to senior management
Coordinate the activities of multiple functions involved in the preparation of monthly forecasts and annual budgets; reports and explain forecasted data (orders, sales, profit and working capital) to senior management
Work with Operations on the reporting and tracking of key KPI’s, including productivity, operational cost savings, value analysis and value engineering (VAVE), and new product development
Lead efforts to manage and reduce Working Capital, including Accounts Receivable, Inventory, Accounts Payable, Unbilled Revenue, and Customer Advance Payments
Ensure proper inventory management in relation to valuation (bill of materials, standard costs, and overhead rates), physical count accuracy, and provision for excess & obsolete inventory
Ensure proper revenue and cost recognition using percentage of completion method for performance obligations satisfied over time
Review capital expenditure requests; prepare net present value calculations in support
Ensure compliance with Comtech accounting policies and procedures; assist with the implementation of new accounting standards and manages departmental training as needed
Maintain and oversee robust internal controls environment, ensuring compliance with quarterly and annual SOX requirements
Oversee compliance with and support for internal and external audits
Assist in monthly, quarterly, and annual reporting packages for the top-level business unit as required