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Controller

Inflexionpoint
locationNeptune City, NJ, USA
PublishedPublished: 6/14/2022
Full Time

Job Description

Job DescriptionDescription:

CONTROLLER


InflexionPoint, LLC (IxP) is a Private Equity-Backed platform company that is growing organically and through acquisitions. IxP specializes in process control, manufacturing intelligence, cyber security, and industrial networking. IxP provides services and solutions from initial requirements definition and system design through the implementation and commissioning of plant-wide systems. The cornerstone of our commitment to building long-term relationships with our customers is making every interaction an outstanding experience. At each step we strive to create lasting relationships built on quality, service, and responsiveness.

InflexionPoint is looking for a Controller. The Controller will have responsibility for the accounting and financial reporting functions for InflexionPoint, including the establishment, application and management of accounting policies, procedures and systems. This person will be charged with overseeing all day-to-day accounting operations, ensuring efficient and effective integrated operations in general accounting, reporting, internal controls, project accounting, accounts receivable, accounts payable, tax and cash management. This position is ideal for a detail-oriented and strategic accounting professional who consistently strives for excellence. Working within a team of like-minded professionals, this position will contribute to the growth and success of the organization. This position reports directly to the Vice President, Finance.


Job Duties and Responsibilities

  • Utilize internal systems to develop and improve operational and management reporting. Involve the operating departments in the creation of budgets, performance metrics and analysis. Ensure information is provided to the operating departments in a clear, effective and timely manner. Educate non-finance leaders on the economics of the business and the financial implications of business decisions.
  • Oversee the preparation of monthly, quarterly and annual financial reporting in compliance with GAAP. Ensure timely preparation and distribution of financial statements to users including senior management and lenders as applicable.
  • Manage all aspects of general accounting including A/R, A/P, G/L, inventory, purchasing, job cost, credit, collections and timely month-end, quarter-end and year-end closing processes. Maintain fixed assets and capitalization schedules.
  • Manage and prepare revenue recognition entries monthly in accordance with GAAP. Experience in ASC606 revenue recognition.
  • Manage and prepare cash reporting and forecasting. Prepare bank borrowing certificates, reporting packages and bank covenant calculations.
  • Collaborate with project managers to track project costs, revenue, and risks.
  • Ensure the accounting policies and internal controls are compliant with current GAAP rules.
  • Oversee the review of the Company’s financial records and work effectively with outside accountants. Ensure preparation of year-end financial statements.
  • Manage and assess the Accounting team. Provide coaching and mentoring to stimulate staff development to accommodate business needs. Establish clear performance objectives by individual and for the team. Motivate and reinforce teamwork. Retain and attract competent and committed staff.
  • Maintain tax calendar to coordinate payment of all estimated tax payments, both S&U and income. Also, maintain matrix of all tax reporting requirements and library of current literature on tax issues of importance to the Company. Ensure that all local, state, federal, and international tax returns are properly signed and filed in a timely manner.
  • Support business integrations and ERP implementations for newly acquired companies.
  • Other duties and special projects like M&A due diligence may be assigned as needed.


Requirements:

Skills and Qualifications

  • Project accounting with ASC606 and AIA experience
  • Experience implementing policies, procedures and sound systems of internal control
  • 2-5 years of experience with NetSuite ERP system
  • Demonstrated experience maintaining a high degree of quality and technical accuracy while managing to tight deadlines and competing priorities
  • Ability to manage multiple priorities and meet deadlines
  • Strong computer skills including advanced Excel skills and intermediate skills in Word, PowerPoint, and Access
  • Strong analytical skills with high attention to detail and accuracy
  • Ability to convey both oral and written information clearly and persuasively
  • Experience managing and developing staff
  • Self-motivated and collaborative team player

Education, Certifications and/or Experience

  • Bachelor's degree in Accounting or other related field required, CPA desired, Master’s degree is a plus.
  • 10-15 years of experience, with at least 5 years controllership experience in a high-volume corporate accounting environment
  • System integration/inventory and professional services consulting experience, including hands-on experience in revenue recognition (606) and project profitability

Working Environment

Duties are performed in an office environment. Controllers routinely use standard office equipment which includes, but is not limited to, computers, phones, photocopiers, and filing cabinets.

Physical Demands

Must be able to sit and/or stand for prolonged hours consistent with the average workday; to operate a computer and other office equipment, including but not limited to computer, printer, etc.

EEO

InflexionPoint is an equal opportunity employer that is committed to diversity and inclusion int the workplace. We prohibit discrimination and harassment of any kind based on race, religion, color, sex, sexual orientation, age, national origin, marital status, genetic information, pregnancy, disability, or any other protected characteristic as outlined by federal, state, or local laws.

InflexionPoint is looking for dedicated individuals to join our team and share in our success. The Company provides a supportive and engaging work environment that demonstrates that we value our employees. Our employees receive competitive salary, performance-based advancement, paid time off (PTO), health benefits and 401(k), as well as other great incentives. Qualified applicants may submit their resume for consideration.


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