Smiths Machine

Assistant Controller

Smiths Machine • $90K — $120K *
Chicago, IL 60629In-Person
Manufacturing & Automotive
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, or related field; MBA or CPA preferred.
  • Proven experience as a senior accountant, ideally in manufacturing.
  • In-depth knowledge of financial regulations and GAAP principles.
  • Proficiency with ERP systems and advanced Excel skills.
  • Effective written and oral communication skills.
  • Strong analytical, problem-solving, and decision-making abilities.

Responsibilities

  • Support month-end and year-end close processes and create consolidated financial statements.
  • Implement financial strategies and budgets aligned with company goals.
  • Conduct financial analysis, including cost analysis and revenue forecasting.
  • Establish and maintain internal controls for financial compliance.
  • Prepare timely financial statements and segment-based reports.
  • Present financial information and insights to the DRC controller.
  • Support integration into Smiths Group, PLC and manage key financial projects.

Benefits

  • Fostering a collaborative and innovative finance culture.
  • Support for process improvement projects within the finance department.
  • Engagement in significant company-wide initiatives and projects.
Full Job Description
Job Description

Summary

The Assistant Controller is responsible for supporting the Controller in providing strategic financial leadership and driving the overall financial success of the organization. The Assistant Controller plays a critical role in guiding financial decisions, ensuring financial compliance, and managing the monthly financial close process.

Essential Duties and Responsibilities
    • Supporting the month-end and year-end close processes, preparing consolidated financial statements, and reconciling balance sheets.
    • Implement financial strategies, plans, and budgets in alignment with the company's overall goals and objectives.
    • Conduct thorough financial analysis to support decision-making, including cost analysis, revenue forecasting, and scenario planning.
    • Establish and maintain effective internal controls to safeguard company assets and ensure compliance with financial regulations.
    • Prepare timely financial statements, reports, and forecasts, including segment-based financial reporting.
    • Present financial information to the DRC controller, providing insights and recommendations.
    • Support integration from a stand-alone privately held organization to a publicly traded subsidiary of Smiths Group, PLC.
    • Foster a culture of collaboration, innovation, and continuous improvement within the finance department.
    • Manage control processes, including set-up of new customers and suppliers and commissions payments.
  • Support AR and AP functions and ensure timely collection, payment, posting and follow-up activities.
  • Manage fixed assets and capital expenditures.
  • Assist all inventory and physical count reconciliations/accounting updates, working closely with Warehouse, Operations and IT resources.
  • Support accounting and finance related process improvement projects.
  • Support/manage other key projects, initiatives and requests by site leadership and parent company along with all other duties as assigned.

Responsibilities to the Organization
  • Supports DRC/Smiths policies and procedures by promoting then throughout the organization.
  • A positive attitude toward individual, team and company goals working effectively in a no ego environment.
  • Maintains financial security by establishing internal controls and protects organization's value by keeping information confidential.
  • Approaches change and difficult situations in a professional manner; demonstrates flexibility.
  • Protects assets by establishing, monitoring, and enforcing internal controls.
  • Contributes to team effort by accomplishing related results as needed.


Qualifications

Job Requirements
  • Demonstrates good attention to detail and good judgment showing logical decision making.
  • Proficiency with systems and software, including ERP systems and Microsoft Office products, with strong knowledge of Excel.
  • Effective communication skills, both written and oral.
  • Strong analytical and problem-solving skills.
  • Must be self-motivated and team-oriented.
  • Strong analytical skills, self-motivated, able to work alone or within a team in a fast pace environment.

Education/Training/Experience
  • Bachelor's degree in Finance, Accounting or a related field. MBA and/or CPA is highly desirable.
  • Proven experience as a senior accountant, preferably within the manufacturing sector.
  • In-depth knowledge of financial regulations, accounting principles, and financial management best practices. Expertise in generally accepted accounting principles (GAAP).
  • Ability to communicate complex financial information to non-financial stakeholders.
  • Experience working in a manufacturing environment preferred.


Physical Demands
  • Light physical demands, some reaching, standing, bending, lifting, and prolonged sitting and standing.


Additional Information

About Smiths Machine

Smiths Machine is a manufacturing company that specializes in precision machining and assembly services. The company was founded in 1980 and is headquartered in Indianapolis, Indiana. Smiths Machine has a team of experienced machinists and technicians who use state-of-the-art equipment to produce high-quality parts and components for various industries, including aerospace, defense, medical, and transportation. The company's services include CNC machining, turning, milling, grinding, and assembly. Smiths Machine is committed to providing its customers with high-quality products and services and has a reputation for delivering on-time and on-budget.
Learn more about Smiths Machine
Size
15,050 employees
Industry
Manufacturing & Automotive
NASDAQ
SMGZY
* Ladders Estimates

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