Controller

Company: Polygon Company
Location: Walkerton
Posted on: May 16, 2022

Job Description:

Description:

Polygon Company , a global leader in manufacturing of fiber reinforced composite products, has an immediate opportunity for a Controller at our Walkerton, Indiana location (90 miles east of Chicago). Polygon's vision is to be the preeminent supplier of engineered composite solutions by providing superior product, service excellence and overall value. Polygon strives to be the word class leader in machining composite materials for our continuously growing customer base.
Polygon's innovative approach and technical expertise drives the creation of highly engineered products which serve a wide range of industries including construction, agriculture, medical, oil and gas and electrical markets. To support Polygon's commitment to its vision, the Company is seeking to hire a Controller to manage all accounting and financial reporting activities.
The Controller will report to the VP Finance and lead the accounting function within the organization, providing thought provoking insights to the senior leadership team. The position will also support Polygon's vision by providing excellent accounting and financial reporting, insight, and scalability to enable effective strategic planning and expedient decision-making for the benefit of all stakeholders. The Controller will support Polygon's culture by working collaboratively and respectfully to manage these key functions and to develop skillsets within the team.
SUMMARY OF DUTIES AND RESPONSIBILITIES
Direct management responsibility for Accounts Payable (A/P), Accounts Receivable (A/R), and the general accounting function.
Ensure active collection efforts are being maintained to appropriately manage DSO with the customer relationship at the forefront.
Ensure the appropriate three-way match is being maintained for the procure to pay process.
Responsible to manage the Company's fixed assets from acquisition through disposal, while coordinating with the FP&A department on construction in progress (CIP) to determine when projects should be capitalized.
Develop and maintain cost accounting processes, including but not limited to standard cost updates, physical inventory verification, and periodic cycle counts.
Ownership and active role in the month end close process, ensuring all general ledger data is accurately reflected in the system of record.
Manage daily cash function.
Purchase accounting, when applicable
Preparation of the monthly financial statements, providing insights into key drivers of variances to plan and prior year, along with aiding in crafting the narrative of the happenings of the month.
Develop and maintain KPI reporting that is valuable for the organization, including but not limited to DSO, DPO, DIO, etc.
Maintain the cash forecast process and reporting. Provide insights regarding cash position to improve net working capital for the organization.
Manage the annual audit process.
Compile reports and schedules for the bi-annual business valuation process.
Preparation of debt compliance reports, when applicable.
Collaborate with operations, sales, and administrative functions to refine accounting processes and provide insights to make informed business decisions.
Drive continuous improvement within the accounting department to optimize insights provided to the organization and to reduce the month end close cycle.
COLLABORATION WITH MANAGEMENT
This position involves an extremely high level of transactional activity with communication as follows:
- VP Finance - daily interaction to discuss strategic projects for the organization, status of close, and insights into the business.
- FP&A - consistent collaboration with FP&A to drive value for internal customers and ensure all items are appropriately recorded and planned for.
- Operations - consistent collaboration related to inventory, ad-hoc projects, understanding shipments that have been received and coordination of paperwork until processes can be automated.
- Procurement - understanding outstanding PO's to complete the procure-to-pay cycle and ensure all accruals are accounted for at month-end, and payables processes are optimized.
- Human Resources - coordination of processing payroll related transactions into the general ledger.
- Business Development/Sales - regular communication with sales representatives of past due customer accounts to best maintain a positive relationship while continuing to achieve DSO goals.
- VP of Strategy and Transformation - regular communication to support business initiatives along with communicating cross functional needs to optimize accounting processes.
Polygon offers competitive salaries, comprehensive benefits program including 401K and educational assistance for its associates. Interested candidates should send resume and compensation requirements to: trihug@polygoncompany.com
.

Requirements:

QUALIFICATIONS
Candidates should have a bachelor's degree in accounting or finance with at least five years' experience in accounting or financial operations roles; public accounting experience is desired. The ideal candidate will demonstrate strong accounting, communication, and problem-solving skills, and must be able to manage multiple projects simultaneously.

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Keywords: Polygon Company, South Bend , Controller, Accounting, Auditing , Walkerton, Indiana