Controller

Position Summary:

Direct the establishment and maintenance of the company’s accounting principles, practices, and procedures for the maintenance of its fiscal records and the preparation of its financial reports. Appraise operating results in terms of costs, operating policies, trends, and financial reports. Direct general and property accounting, cost accounting, and budgetary control.

Essential Job Functions & Responsibilities:

• Manage internal and external financial reporting through evaluation, application, and implementation of US GAAP standards. Review and approve journal entries, supporting schedules, account reconciliations, trial balance and financial statements. Review monthly financial statement consolidation.
• Oversee the preparation of the consolidated income tax provision, reconciliation with the income tax return and maintaining the reconciled inventory of temporary tax differences. Coordinate with tax consultants on periodic FIN 48 analysis and reviews. Reviews integration of updates into the income tax provision and financial statements.
• Ensure the timely completion of the annual financial statement’s audits and financial statement’s quarterly reviews with independent auditors. This includes ensuring the financial statements and required disclosures are prepared in accordance with US GAAP or Pilot Corporation’s Group Accounting Instructions, as applicable.
• Responsible for the review and implementation of any necessary changes to the effective system of accounting controls for financial transactions and reporting. This includes identifying, designing, assessing, and testing the effectiveness of internal accounting controls to comply with J-SOX.
• Ensures regulatory and compliance impacts are appropriately reflected in the financial statements.
• Oversee the annual update of cost accounting standards for the company and foreign subsidiary. This includes the following: maintaining control over key financial data in the company’s item master; identifying, calculating, and disposing of production and purchasing variances; approving cost accounting and inventory control improvements. Assist in identifying slow moving inventory and establishing the appropriate inventory reserve. Make improvements to the system and procedures to identify slow moving inventory. Oversee and approve the monthly reconciliation of book and perpetual inventory records.
• Revise accounting procedures when necessary.
• Oversee subsidiary accounting, including cost accounting, and financial reporting by external accountants and consultants.
• Manage the planning, instructions and compilation of the financial statements and schedules for the annual budgets. Monitors budget information delivery, accuracy and revisions.
• Coordinate and prepares for management review the quarterly reforecast (Perspectives/Latest Thinking) for the annual budgets.
• Oversee the preparation of annual transfer pricing testing.
• Manage the preparation of responses to inquiries and ad hoc requests from Pilot Corporation.

Education and Experience Requirements:

Bachelor’s degree in accounting plus up to five years supervisory/management experience. CPA required with up to seven to ten years’ experience in accounting.

Skills Required:

Good working knowledge of Microsoft Office suite of software. Strong organizational and excellent communication skills. Attention to detail and accuracy is imperative. Experience with IFRS and SOX compliance is a plus. Solid people leader and interpersonal skills; ability to communicate effectively, motivate, support, train, and develop people.