Controller

L3 Technologies Grand Rapids , MI 49504

Posted 2 months ago

Controller

We are a company of innovators, game changers, and entrepreneurs. As a prime contractor, we provide a broad range of communication, electronic and sensor systems used on military and commercial platforms across the globe.

We embrace innovative and progressive ideas to advance our products for military and commercial customers. The Electronic Systems Segment (ESS) provides a broad range of aerospace systems, security and detection systems, and pilot training.

L3 Aviation Products Division (L3 APD), is a leading provider of commercial and military avionics with unsurpassed performance, quality and customer support. L3 APD manufactures a diverse line of safety- and efficiency-enhancing products that set the standard for next-generation requirements, including configurable voice and data recorders, collision avoidance systems, navigation products, display systems and processors.

Reporting to the CFO the Controller is a senior level financial position responsible for the day-to-day accounting activities as well as budget establishment and management, financial analysis, forecasting, financial reporting and ensuring compliance with GAAP and other Corporate and regulatory requirements.

Reporting to this position include: Financial Planning, Cost Accounting, General Accounting and Accounts Receivable and Collections.

  • Financial Planning, the position is responsible for the establishment of the annual Budget and Financial Plan. Reporting monthly on budget variances:

    Orders, Sales, EBIT and Cash as well as any unusual items. Monthly Corporate reporting is required as well as internal management reporting. Cost Accounting, the position is responsible for Inventory valuations, Warranty Reserves, understanding the drivers for product cost.

    Should be able to help develop and track monthly progress on Margin Improvement initiatives. Responsible for the oversight of the annual Physical Inventory.

  • Responsibilities under General Accounting include: Revenue recognition - being able to identify the correct accounting model for recognizing revenue based on the terms of the contract.

    Sales Credits - capturing, tracking, analyzing, establishing the liability and utilization as well as reporting activity. Other Liabilities being able to identify the existence of a liability, tracking and analyzing the status on a quarterly basis. Support of the Annual Financial Audit work with external and internal auditors to ensure proper reporting standards are being followed. Established, monitors and enforces internal controls over financial reporting.

  • Accounts Receivable and Collections Responsibilities include: establishment of customer credit terms and limits, monitoring customer payment history, review and reporting of delinquent customers. Contact and make inquiries to customers on past due accounts.

Must be able to lead, motivate and mentor an accounting / finance staff.

Will also support the business in the establishment and analysis of product costs to enable the company to become more competitive in the market place. Be a business partner with the leaders of the organization.

  • Bachelors or Master's Degree in Accounting. MBA, CPA or other Accounting designation is preferred.

  • Ten years' experience in accounting and financial planning. Public accounting, Manufacturing/Engineering environment a plus.

  • Must have strong interpersonal and communication skills, both verbal and written.

  • Strong analytical and organization skills.

  • Strong computer skills in MS Word, Excel, PowerPoint and Outlook are required.

  • Be process oriented with the ability to lead and help foster innovation, collaborate with others, solve problems creatively and demonstrate the highest level of integrity. Background with six-sigma and cost reduction initiatives a plus.

  • Demonstrated leadership experience.

SAVING LIVES AND MAKING THE WORLD A SAFER PLACE TO LIVE

L3 Technologies, Inc. is proud to be an Affirmative Action/Equal Opportunity Employer. L3 provides equal employment opportunity for all persons, in all facets of employment.

L3 maintains a drug-free workplace and performs pre-employment substance abuse testing and background checks. We encourage all qualified applicants to apply for any open position for which they feel they are qualified and all will receive consideration for employment without regard to race, color, religion, age, gender, sexual orientation, gender identity, national origin, citizenship status, marital status, genetic information, disability, protected veteran status or any other legally protected characteristic.



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Controller

L3 Technologies