Administration - Corporate Controller

Company Overview: Okay Industries is a leading manufacturer of medical components, who is dedicated to delivering innovative products and solutions to our global customers. With a strong commitment to excellence, we strive to achieve sustainable growth and maintain financial stability in a dynamic market. As a key player in our industry, we are seeking a highly skilled and motivated Corporate Controller to join our finance team.

Position Overview: As the Corporate Controller, you will play a pivotal role in overseeing all financial and accounting functions within the company. Your primary responsibility will be to ensure the accuracy, integrity, and timeliness of our financial information, compliance with accounting standards, and effective internal controls. Collaborating closely with the CFO, senior management, and all departments, you will contribute to the strategic decision-making process and provide critical insights that drive financial performance.

Responsibilities:

1. Financial Reporting and Analysis:

• Prepare and analyze monthly, quarterly, and annual financial statements, ensuring accuracy and compliance with relevant accounting principles (GAAP/IFRS).
• Present financial reports to the executive team/Board of Directors, identifying key trends, risks, and opportunities to support strategic planning.
• Provide guidance on variances and recommendations for areas of review related to product costing.

• Assist in the budgeting and forecasting processes across various departments, aligning financial goals with the company's overall objectives.
• Conduct variance analysis to explain financial performance against budgets and forecasts.
• Monitor budget adherence and provide guidance on cost management strategies to achieve financial targets.

• Establish and maintain effective internal control procedures to safeguard company assets and ensure compliance with financial regulations and reporting standards.
• Coordinate external audits and serve as the main point of contact with auditors to facilitate the audit process.

• Manage cash flow, banking relationships, and liquidity to optimize working capital and maximize investment returns.
• Oversee the timely and accurate processing of accounts payable and accounts receivable transactions.

• Collaborate with external tax advisors to develop and implement tax strategies that minimize tax liabilities while ensuring compliance with tax laws and regulations.
• Manage state and local tax compliance and reporting.
• Management of fixed assets in accordance with book and tax policies.

• Identify financial risks and implement appropriate measures to mitigate them effectively.
• Monitor and report on key financial indicators and recommend action plans as necessary.

• Work with our Costa Rica financial and leadership teams to ensure the same financial responsibilities and result driven performance are being met.
• Mentoring & support of the financial management team in Costa Rica.

• Lead and mentor the finance team, fostering a collaborative and results-driven environment.
• Provide ongoing training and development opportunities to enhance the team's capabilities and expertise.
• Actively works with all departments to help them achieve goals.

• Lead finance  efforts in managing cycle counts, annual physical inventory
• Ensure proper valuation of inventory costs - standards

Qualifications:

• Bachelor's degree in Finance, Accounting, or a related field.
• Proven experience (5 years) as a Controller or in a senior financial management role, preferably within a large corporation or a reputable accounting firm.
• In-depth knowledge of accounting principles, financial reporting, and regulatory requirements (GAAP).
• Strong analytical and problem-solving skills with the ability to interpret complex financial data and provide actionable insights.
• Excellent leadership and communication skills, with the ability to interact effectively with stakeholders at all levels.
• Experience with ERP systems and financial software - knowledge of Plex is a plus.
• A track record of successfully implementing and enhancing internal controls and process improvements.
• Proven record of implementing cost reductions and efficiency.