This role is expected to provide leadership to the Precision Aerospace (PAC) team and help drive the business as a partner to the General Manager of PAC. This includes managing the accounting department and providing actionable information, primarily financial in nature, about all company activities that will assist management, its shareholders, and other users in making educated economic decisions about the company’s future. Other duties may be assigned as needed. Responsibilities: • Comply with all PAC policies. Qualifications: • Bachelor’s Degree • CPA and/or MBA a plus but not required • 4-10 years of financial accounting experience • Cost accounting experience in a manufacturing environment is necessary. • An understanding of GAAP reporting is required. • Understanding of and genuine interest in the operational aspects of manufacturing business. • Ability to be detail-oriented and hands-on in accounting, cost analysis, and cash/resource management to ensure accurate/meaningful data. • Excellent presentation, verbal, and written communication skills. • Eligibility to work with sensitive controlled data and materials according to ITARs policy and practice. Compensation: $120,000 - $150,000 yearly
• Accounting Management: Close monthly financial statements within three days of month end, which include preparing bank reconciliations, importing & processing electronic transactions, reconciling credit card statements, valuing inventory, and accruing payroll and Paid-Time-Off. Establish procedures for improving the time taken to close financial statements, such as accruing open purchase orders. Maintain the internal asset depreciation systems. • Financial Analysis: Determine part profitability of shipped parts as well as project profitability of work-in-process. Establish consistent profitability reporting while communicating and working with other departments to improve profitability. This could include but is not limited to, part profitability of shipped parts as well as work-in-process, sales reporting, and actual versus expected departmental spending. • Cash Management: Oversee/Assist in the forecasting of cash requirements and receipts. Ensure customer receipts are received on time and cash is posted via company ERP and reconciled to the bank. Complete weekly check run and maintain controls so that payments are accurate based upon agreed-upon quantities and pricing. • Continuous Improvement Culture: Continuously analyzes the performance of accounting procedures and identifies and implements opportunities for improvement both within the accounting departments and other departments. • Budgeting: Own the annual budgeting process by working with internal and external stakeholders. Develop overheard rates based on budget assumptions. • Forecasting: Assist in the forecasting of cash requirements. Project the profitability of the sales backlog into daily proforma forward-looking financial statements. Project future overhead rates. • Communicate with co-workers, management, clients, and others in a courteous and professional manner. • Comply with all PAC policies.