Controller

MTS Systems

(Cary, North Carolina)
Full Time Travel Required
Job Posting Details
About MTS Systems
MTS Systems Corporation is a leading global supplier of test systems and industrial position sensors. The Company's testing hardware and software solutions help customers accelerate and improve their design, development, and manufacturing processes and are used for determining the mechanical behavior of materials, products, and structures. MTS' high-performance position sensors provide controls for a variety of industrial and vehicular applications.
Summary
MTS Systems, long known for innovative solutions and work life balance, is looking to hire a Controller -Sensors to join our MTS - Sensors team, where you will direct the US sensors accounting services functions, including Cost Accounting, AP, as well as Credit and AR management. You will provide leadership to evaluate and improve procedures ensuring timely, accurate financial information in accordance with internal and external accounting and reporting requirements. In addition, you will evaluate and manage appropriate internal control structures to ensure compliance with SOX requirements.
Responsibilities
- Manages the local Accounting functions to ensure compliance with Corporate and external financial requirements. - Leads and evaluates the analysis, preparation, quality control and timely submission of the monthly financial reporting to Group Controller in accordance with the Company's month-end close requirements. Responsible for managing all local Sensors financial processes including cost and general accounting, AP, fixed assets, state & local tax reporting and AR processes. Manages the monthly general ledger account reconciliation process in accordance with corporate requirements, including timely analysis and resolution of open items. - Provide historical financial trend and forward-looking analysis to ensure the business is on track to achieve plan. Makes recommendations regarding required actions to the Group Controller. - Influences business decisions by providing direction, leadership, analysis, financial modeling, and resources. The types of business decisions include: strategy development, planning, forecasting, pricing, capital and new product investments, and budgets. - Review financials for accuracy and alignment with GAAP, SOX 404, internal control requirements and corporate accounting policies. - Works with IT to ensure the financial systems are performing as required. Prepares user specifications for functionality changes and supports testing and implementation. Leads activities within Finance for system upgrades and new local implementations. - Monitors MTS accounting policies and procedures to ensure they are current. Recommend and implement changes to accounting policies and procedures. Maintain expertise in technical accounting and financial reporting rules and regulations promulgated by the FASB, SEC and other authoritative accounting bodies that impact MTS. Assist the Group Controller to ensure the organization is current on technical accounting and reporting matters. - Interfaces with internal and external auditors to provide financial information to support the annual financial statement audit, audits of internal controls, and quarterly reviews. - Accountable for internal and external SOX audits and compliance with all applicable laws and regulations, including internal controls (SOX), government contracting (FAR, DFARS, ITAR), technical/agency compliance (CE, FM, ATEK, ISO, UL, etc.) and the effectiveness of the financial reporting processes (SEC, PCAOB, GAAP, etc.)
Ideal Candidate
- Bachelor's degree in Accounting or Finance or related fields - 8+ years in management reporting and financial analysis, demonstrating progressively more responsibility with well-developed financial analysis capabilities - Minimum 3+ years of management experience - Strong understanding of accounting philosophy and procedures. Knowledge of FASB, IASB, federal and state income taxes required, with SEC and government contract financial administration desirable. - Strong communication and interpersonal skills to effectively work across organization and geographies. - Ability to travel internationally **Additional skills and experience preferred** - Graduate degree in business, finance and accounting/systems, or other related field. - Knowledge of FAR/DFAR accounting requirements. - Knowledge of Baan and SAP or other equivalent ERP. Experience with implementation and system development preferred. - CPA designation (active preferred)

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