Assistant Controller

SUMMARY OF POSITION: The Assistant Controller supports the Controller in directing the accounting and financial reporting activities of IPD and serves as a key financial partner to business leadership. This hands-on role is responsible for the timely and accurate monthly, quarterly, and annual close; U.S. GAAP financial statements and management reporting; general ledger; inventory and cost accounting; internal controls; full credit management; budgeting, forecasting, and financial analysis; cash and working capital analysis; audit and tax support; and accounting systems and process improvement. The Assistant Controller partners with Operations, Supply Chain, Sales, Engineering, and other functions to translate financial information into actionable business insight, safeguard company assets, and improve profitability and cash flow. The role requires a curious, fast-learning, results-oriented professional who is willing to expand their skill set, can progress to a higher level, and may assume direct-report responsibility in the future. The Assistant Controller acts on behalf of the Controller when delegated and is responsible for achieving objectives while exhibiting Storm Industries Core Values.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Regular Functions include:

• Assists the Controller, company officers, and senior staff members in the development and formulation of long- and short-range financial plans, policies, programs, and objectives.
• Leads and coordinates the monthly, quarterly, and annual financial close to ensure complete, accurate, and timely results, including close calendars, journal entries, accruals, allocations, and account reconciliations.
• Oversees and executes the full credit management process, including customer credit evaluation, credit limits and terms, order-release decisions, collections, dispute resolution, cash application coordination, bad-debt reserves, customer-risk monitoring, and escalation of delinquent accounts.
• Prepares and reviews financial statements, consolidations, intercompany activity, and management reports in accordance with U.S. GAAP and company policies.
• Maintains the integrity of the general ledger, chart of accounts, accounting records, and supporting schedules; researches and resolves unusual transactions and reconciling items.
• Establishes, documents, and monitors effective internal controls, accounting policies, and segregation of duties; identifies control gaps and leads corrective actions.
• Leads inventory and cost accounting activities including standard costs, bills of material and routing reviews, overhead absorption, purchase price and manufacturing variances, inventory reserves, cycle counts, and physical inventories.
• Partners with Operations, Supply Chain, Engineering, and Sales to analyze product margins, material, labor, and overhead performance, productivity, pricing, and cost reduction opportunities.
• Provides oversight and support for accounts payable, fixed assets, payroll accounting, and related transaction processes.
• Supports cash management, cash forecasting, working capital initiatives, banking activities, and analysis of receivables, payables, and inventory.
• Completes and coordinates the annual budget, periodic forecasts, capital planning, and financial analysis; analyzes actual results against plan and communicates key drivers, risks, opportunities, and recommended actions.
• Coordinates external and internal audits and supports income tax, sales and use tax, property tax, statutory, insurance, and other compliance requirements.
• Ensures appropriate accounting for revenue, customer programs, rebates, warranties, leases, capital expenditures, and other significant or non-routine transactions.
• Evaluates accounting and finance functions from a continuous improvement perspective and leads improvements to ERP and financial reporting systems, master data, workflows, automation, and controls to strengthen data integrity, shorten the close, and improve efficiency.
• Uses business intelligence tools and advanced Excel to independently build queries, reports, dashboards, financial models, and analyses that support decision-making, accountability, and continuous improvement.
• Evaluates and executes outsourcing opportunities where they improve capability, efficiency, economics, controls, or business continuity, including management of related service providers.
• Identifies and implements responsible uses of artificial intelligence and ot…