Novaspect Schaumburg , IL 60196

Posted 1 week ago

Position: Controller - Schaumburg, IL

Novaspect, Inc, an Emerson Impact Partner, the global leader of process systems and solutions, is currently offering an opportunity for a Controller to join our fast paced, customer orientated team in our Schaumburg, IL location. The successful candidate will direct all Finance department activities including accounts payable, accounts receivable, cash management, month end closing, year-end audit and be responsible for all balance sheet account reconciliations. The Controller will assist the CFO with the financial affairs of the organization and with preparation of financial analyses of operations, including interim and final financial statements with supporting schedules, for the guidance of management.

Essential Duties and Responsibilities:

  • Oversee the activities of the Accounting Department for the accurate and timely dissemination of financial management reports including, but not limited to, internal and external monthly financial statements.

  • Establish and maintain systems and controls which verify the integrity of all processes and data to enhance the Company's value. Maintain appropriate Internal Controls and assure compliance with GAAP.

  • Establish and maintain principles to report revenue recognition to users of financial statements about the nature, amount, timing, and uncertainty of revenue from contracts with customers.

  • Provide formal leadership for the Accounting Team; including team development, mentorship, performance conversations and individual career development of team members.

  • Manage the Accounts Receivable and Commission team to ensure the accurate and timely management of all Accounts Receivable aging components including billings, cash receipts application and corporate credit policy.

  • Manage the Accounts Payable Department, ensuring the accurate and timely processing of accounts payable, purchase orders, petty cash, core employee expense reports, cash control, and total corporate payroll tax compliance.

  • Safeguard assets and assure accurate and timely recording of all transactions by implementing disciplines of internal audits, controls and checks across all departments. Ensure the reconciliation of all balance sheet accounts.

  • Act as a business partner to Sales, Services and Operations; collaborating on customer, order management, project management, and inventory control business processes and financial reporting and analysis.

  • Coordinate annual external audit.

Education and/or Experience:

  • BS in Accountancy required, CPA preferred, MBA desired.

  • 10+ years of experience in all aspects of accounting desired.

  • Process and Team Management experience required.

  • High computer application literacy including Microsoft Office Suite. ERP/Service provisioning platform experience required, Experience with IFS preferred.

Additional Requirements:

  • Analyticalthe individual synthesizes complex or diverse information.

  • Problem solvingthe individual identifies and resolves problems in a timely manner and gathers and analyzes information skillfully.

  • Oral communicationthe individual speaks clearly and persuasively in positive or negative situations, demonstrates group presentation skills and conducts meetings.

  • Delegationthe individual delegates work assignments, gives authority to work independently, sets expectations and monitors delegated activities.

  • Leadership skillsthe individual includes staff in planning, decision-making, facilitating and process improvement; makes self available to staff; provides regular performance feedback; and develops subordinates' skills and encourages growth.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

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