at Elgin Sweeper in Elgin, Illinois, United States
Job Description
Essential Job Duties and Responsibilities:
- Direct the activities of the Accounting Department to ensure information is prepared and maintained in accordance with all statutory and regulatory requirements as well as Generally Accepted Accounting Principles (GAAP) and Company standard policies and procedures (SPP).
- Maintain internal control systems and framework to satisfy Sarbanes Oxley requirements and Federal Signal Standards of Internal Controls (SICs) and ensure all documentation is prepared and completed in accordance with Company policy.
- Work in collaboration with the General Managers and the Finance team regarding all decisions and implementations concerning adequate internal controls, processes, and procedures, investments, dispositions, pricing, accounting judgments and commercial decisions.
- Act as a liaison between Operations and Sales to facilitate information flow and decision-making, in addition to corporate staff, outside/ internal auditors and customers/ suppliers.
- Develop strategic business plan, annual budgets, and monthly forecasts in partnership with business unit leadership and ensure the achievement of performance targets.
- Share responsibility of forecast accuracy with the business units leadership team.
- Lead the monthly Accounting close process and ensure that all financial results are accurately reported, deadlines are met, and all internal controls have been followed including account reconciliations are prepared and approved, manual journal entries have been entered correctly and are approved, data from third party software have been uploaded and reconciled to our ERP system, and material variances between actual results and prior forecast are explained.
- Review and approve purchase and sales contracts to mitigate unexpected losses and meet profitability expectations.
- Coordinate internal and external audits and resolve any identified issues timely.
- Manage working capital targets.
- Review all requests for capital expenditures and lead the approval process.
- Create and present relevant financial reporting of performance and detailed analysis of variances and their root causes. Develop action plans to reduce variability.
- Apply continuous improvement methodology to coordinate, lead, and improve the cost structure of the business unit.
- Partner with GM and take on a business leadership role by raising issues, providing sound financial advice to the leadership team, and working cross functionally to eliminate risks and road blocks that could hamper our ability to achieve financial targets.
- Manage assigned team and provide for the following: departmental resource planning and budgeting, recruitment, selection, coaching, training, development, policy enforcement, performance management, corrective actions, and compensation.
Education and Work Experience:
- Bachelor's Degree in Accounting, Business, Management, or Finance required; Masters or MBA preferred
- Certified Public Accountant (CPA) required
- 10 - 15 years experience in accounting and financial reporting
- 5 years experience in a manufacturing environment
- 5 years management experience
- 5 years JDE (ERP) experience highly desired
- Proficient knowledge of finance, budgeting, and cost control principles including the following:
- Sarbanes-Oxley Act (SOX) requirements
- Generally Accepted Accounting Principles (GAAP)
- Knowledge of automated financial and accounting reporting systems; JDE preferred.
- Ability to ensure and enforce compliance controls and policies
- Ability...
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
