Fluid Power Subsidiary Controller Job Listing at 9014 FluidTech LLC in Lenexa, KS (Job ID JR100679)

Description

Work for a corporation that believes in developing our people. Applied® employees believe in the company and love the environment. Individual contributors with fresh ideas and passion for excellence are encouraged and rewarded.  Connect with a great stable company with strong performance and growth.

Applied Industrial Technologies is seeking a Subsidiary Controller to join its Fluid Power Division's management team.   This position is responsible for leading the accounting functions for several subsidiary companies, which include manufacturing operations.  You will supervise, monitor and evaluate all day-to-day accounting activities.

We are seeking an independent leader experienced in distribution, job shop (labor and overhead) cost accounting, detailed profitability analysis, budgeting, and forecasting to be a business partner with management. This role is responsible for ensuring adherence to Applied's company-wide accounting policies and procedures, including internal control and related Sarbanes-Oxley requirements.  It also includes functional responsibilities over general ledger accounting, accounts payable, accounts receivable, and credit management.    Specific duties include, but are not limited, to the following:

Monthly Close and Financial Analysis

• Manage the full cycle accounting including journal entries, month-end close and financial reporting requirements
• Assure department financial reporting deadlines are met
• Administer financial policies procedures and internal controls ensuring conformance with US GAAP and Company policies
• Review and /or prepare account reconciliations for balance sheet accounts in a timely fashion and document in Blackline compliance tool
• Prepare robust financial variance analyses and recommend improvement actions
• Formulate labor and overhead rate analyses, including variance analyses and corrective action follow up
• Develop annual budgets and monitor performance, including insights on underlying variance reasons and potential remediation and performance improvement plans
• Maintain and analyze other company metrics, including labor and job cost analysis, inventory turnover and reserves
• Prepare financial forecasts periodically, working closely with business leaders
• Provide support as needed to Corporate accounting including Sarbanes Oxley compliance, quarterly financial reviews, annual tax and audit requirements and other ad hoc requests
• Serve as point person for management of internal and external annual financial audits, including preparation or review of audit work papers and other required support

Transactional & Managerial Duties

• Hire, train and develop accounting department associates following company standards and policies.
• Supervise accounts payable associates, ensuring timely entering of vendor invoices, prompt resolution of three-way match variances, and full capture of early pay discounts.
• Supervise accounts receivable associates, ensuring timely collections, appropriate credit extensions, monitoring of at-risk and actions for past due accounts.
• Monitor cycle count performance and proactively advise to help ensure adherence to compliance metrics
• Conduct associate performance reviews regularly, establish individual goals and ensure completion of relevant training.
• Preparation or review of monthly sales tax returns and management of all sales tax audits.
• Assess current accounting operations, offer recommendations for improvement and implement new processes
• Special projects as required

Position Requirements       

• 4-year undergraduate degree in Accounting from an accredited college or university
• Minimum 7 years of experience in accounting/finance
• Minimum 2 years of supervisory experience, including oversight of accounts receivable and accounts payable associates
• Intermediate Microsoft Office skills, especially excel.

Preferences and Key Attributes

• Controller or equivalent experience highly desirable, CPA or MBA preferred
• ERP software knowledge with distribution background, Epicor Prophet 21 would be ideal
• Easily establishes rapport; relationships built on mutual respect and trust
• Flexibility to thrive in a fast-paced and multi-tasked environment
• Ability to deliver quality work on tight deadlines, with strong organization and priority setting skills
• Bias for action and continuous improvement
• Problem solver with strength to step outside of comfort zone
• Quick learner who easily adapts experience and expertise to new challenges
• Knowledge of Access or other data-base software

We look forward to learning more about you and will respond to qualified candidates.  Apply today!

Founded in 1923, Applied Industrial Technologies (NYSE: AIT) is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Our leading brands, specialized services, and comprehensive knowledge serve MRO and OEM end users in virtually all industrial markets through our multi-channel capabilities that provide choice, convenience, and expertise.

We are an equal employment opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, gender, sexual orientation, gender identity, age, disability, protected veteran status, marital status, medical condition or any other characteristic protected by law.