Temporary ACC Controller

Coherent

About The Position

Description Primary Duties & Responsibilities Lead and execute the monthly close process, ensuring timely and accurate financial reporting. Ensure books and records comply with GAAP and Corporate accounting policies. Review revenue recognition, including RMA deductions and quarter-end shipment cutoffs. Prepare and record journal entries for accruals, reserves, deferrals, amortization, and non-routine transactions. Reconcile all balance sheet accounts, including cash, inventory, WIP, accrued liabilities, reserves, fixed assets/CIP, deferred revenue, prepaid expenses, payroll, and intercompany accounts. Resolve inventory variances and out-of-balance conditions prior to closing. Review inventory transactions, calculate WIP and finished goods adjustments, record in-transit inventory, and evaluate slow-moving and obsolete inventory. Calculate R&D engineering and material costs. Review fixed asset activity, disposals, and depreciation. Calculate and record bonus accruals (BIP/EIP) based on corporate guidance. Maintain and manage the monthly close checklist. Import trial balance data from Dynamics into Hyperion. Ensure site-level accounting practices align with corporate accounting policies. Implement and maintain record retention policies. Support budgeting, forecasting, and long-range planning related to financials, headcount, and capital expenditures. Manage fixed assets, including purchases, depreciation, amortization, and disposals. Manage California sales and use tax compliance, including accruals and monthly prepayments. Manage Sonoma County property tax filings, audits, accruals and payments. Oversee all accounts payable transactions. Manage accounts receivable activities, including collections, payments, and credit/debit memos. Manage payroll-related accruals for bi-annual extra payroll. Manage service contract amortization and terminations. Oversee site bank account activity, including approved wire transfers, deposits, vendor debits, and corporate card activity. Prepare for and support internal audits and SOX compliance. Prepare monthly departmental financial reports and conduct variance analysis. Partner with department managers to review results and track AOP performance. Education & Experience 10+ years of accounting experience in a manufacturing environment Full ownership of monthly, quarterly, and annual close processes Strong experience with balance sheet reconciliations, accruals, reserves, and journal entries Budgeting (AOP), forecasting, margin analysis, and KPI development Financial statement preparation and variance analysis GAAP compliance and audit coordination ERP experience (Microsoft Dynamics GP, Oracle, SAGE) Advanced proficiency in Microsoft Excel Skills Strong understanding of GAAP and financial statements Advanced analytical and critical thinking skills Excellent organizational and time management skills Ability to work independently with minimal supervision. Strong cross-functional communication and collaboration skills High attention to detail and commitment to accuracy Ability to manage multiple priorities in a demanding environment. Demonstrated leadership, professionalism, and ethical standards. All employees are required to follow the site EHS procedures and Coherent Corp. Corporate EHS standards. Quality and Environmental Responsibilities Depending on location, this position may be responsible for the execution and maintenance of the ISO 9000, 9001, 14001 and/or other applicable standards that may apply to the relevant roles and responsibilities within the Quality Management System and Environmental Management System. Culture Commitment Ensure adherence to company’s values (ICARE) in all aspects of your position at Coherent Corp.: I ntegrity – Create an Environment of Trust C ollaboration – Innovate Through the Sharing of Ideas A ccountability – Own the Process and the Outcome R espect – Recognize the Value in Everyone E nthusiasm – Find a Sense of Purpose in Work Coherent Corp. is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. If you need assistance or an accommodation due to a disability, you may contact us at [email protected] .

Requirements

10+ years of accounting experience in a manufacturing environment
Full ownership of monthly, quarterly, and annual close processes
Strong experience with balance sheet reconciliations, accruals, reserves, and journal entries
Budgeting (AOP), forecasting, margin analysis, and KPI development
Financial statement preparation and variance analysis
GAAP compliance and audit coordination
ERP experience (Microsoft Dynamics GP, Oracle, SAGE)
Advanced proficiency in Microsoft Excel
Strong understanding of GAAP and financial statements
Advanced analytical and critical thinking skills
Excellent organizational and time management skills
Ability to work independently with minimal supervision.
Strong cross-functional communication and collaboration skills
High attention to detail and commitment to accuracy
Ability to manage multiple priorities in a demanding environment.
Demonstrated leadership, professionalism, and ethical standards.

Responsibilities

Lead and execute the monthly close process, ensuring timely and accurate financial reporting.
Ensure books and records comply with GAAP and Corporate accounting policies.
Review revenue recognition, including RMA deductions and quarter-end shipment cutoffs.
Prepare and record journal entries for accruals, reserves, deferrals, amortization, and non-routine transactions.
Reconcile all balance sheet accounts, including cash, inventory, WIP, accrued liabilities, reserves, fixed assets/CIP, deferred revenue, prepaid expenses, payroll, and intercompany accounts.
Resolve inventory variances and out-of-balance conditions prior to closing.
Review inventory transactions, calculate WIP and finished goods adjustments, record in-transit inventory, and evaluate slow-moving and obsolete inventory.
Calculate R&D engineering and material costs.
Review fixed asset activity, disposals, and depreciation.
Calculate and record bonus accruals (BIP/EIP) based on corporate guidance.
Maintain and manage the monthly close checklist.
Import trial balance data from Dynamics into Hyperion.
Ensure site-level accounting practices align with corporate accounting policies.
Implement and maintain record retention policies.
Support budgeting, forecasting, and long-range planning related to financials, headcount, and capital expenditures.
Manage fixed assets, including purchases, depreciation, amortization, and disposals.
Manage California sales and use tax compliance, including accruals and monthly prepayments.
Manage Sonoma County property tax filings, audits, accruals and payments.
Oversee all accounts payable transactions.
Manage accounts receivable activities, including collections, payments, and credit/debit memos.
Manage payroll-related accruals for bi-annual extra payroll.
Manage service contract amortization and terminations.
Oversee site bank account activity, including approved wire transfers, deposits, vendor debits, and corporate card activity.
Prepare for and support internal audits and SOX compliance.
Prepare monthly departmental financial reports and conduct variance analysis.
Partner with department managers to review results and track AOP performance.