SION POWER CORPORATION

Position Description

POSITION SCOPE:

Sion Power Corporation, the global leader in the development of a new generation of high-energy, rechargeable lithium batteries is currently searching for a talented and experienced Controller.

The Controller will maintain and enforce a documented system of accounting policies and procedures. Is accountable for general accounting, payables, receivables, cost accounting, payroll, business analysis, and financial reporting. They will also manage outsourced functions.  The Controller will oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Ensure that accounts payable are paid in a timely manner and that accounts receivable are collected promptly
• Manage the accuracy and processing of payroll in a timely manner
• Ensure that periodic bank reconciliations are completed and that required debt payments are made on a timely basis
• Maintain the chart of accounts, an orderly accounting filing system and a system of controls over accounting transactions
• Issue timely and complete financial statements
• Calculate and issue financial and operating metrics and manage the production of the annual budget and forecasts
• Calculate variances from the budget and report significant issues to management
• Prepare reports on results, monthly forecasts, annual operating plan and strategic planning
• Provide for a system of management cost reports
• Provide financial analyses as needed, in particular for capital investments, pricing decisions, and contract negotiations
• Perform the duties of Sion Board of Directors Secretary
• Coordinate the provision of information to external auditors for the annual audit
• Monitor debt levels and compliance with debt covenants
• Comply with local, state, and federal government reporting requirements and tax filings
• Maintain financial staff by recruiting, selecting, orienting, and training employees
• Interface with banks and other financial institutes for safeguarding of company funding
• Administer the Company's 401 (k) plan.
• Protect operations by keeping financial information and plans confidential.

QUALIFICATIONS:

• The Controller candidate should have a Bachelor's degree in accounting or business administration, or equivalent business experience and 10+ years of progressively responsible experience for a small to medium sized company.
• Preference will be given to candidates with the Certified Public Accountant or Certified Management Accountant designations.
• Experience with ERP or other financial software systems, preferably MS Dynamics
• Experience with developing standards, audits, corporate finance, developing budgets, tracking budget expenses, and performance management

WORKING CONDITIONS:

Primarily in an office environment. Will be expected to travel to quarterly Board of Directors meetings. Periodic weekend or evening work is expected.