Financial Controller
Our Story:
Founded in 1989 by Saz Yakis, Valley Fab Corp began as a general metal fabrication shop with one employee. As the company progressed into building compost equipment and irrigator reel equipment as its prime product line, Leo Yakis joined Saz in the business. Over the years, Valley Fab has grown to over fifty employees and continues to serve the farming industry, advancing into machinery, structural buildings and other custom fabrications.
In 2003, the Yakis brothers formed a sister company, Newave Tower Components, to serve the cell tower industry. In 2010, they added a distribution warehouse in Phoenix, Arizona to better serve the Southwest.
In 2013, Valley Fab Corp partnered with Workman & Sons to form a joint venture known as Valley Workman to provide an unsurpassed reputation for hoists, flatbeds, dump bodies, trailers and all metal accessories. Today Valley Fab Corp is continually adding more products to its catalog and website for wholesale distribution and manufacturing.
Visit their webpage to learn more about their projects and services.
If you can dream it, we can build it.
We believe in the development of skilled team members who are committed to continuous improvement and dedicated to excellence through performance with the goal of customer satisfaction. We strive to foster an atmosphere of respect where diversity is celebrated and integrity, collaboration and commitment create opportunity.
About the Position:
The Financial Controller is an integral member of the leadership team and is responsible for directing the day-to-day accounting functions and accounting related activities. This role supervises an accounting team to ensure the accuracy and timeliness of all financials, as well as financial reporting, compliance, and process improvement. The role plays a pivotal role in strategic planning and the guidance of financial system resources to further the mission and goals of Valley Fab Corp.
Salary: $90,000-$125,000
Benefits: Health & dental insurance, 401(K) with match, life insurance, and PTO
Location: Brooks, OR
Job Duties
Financial Duties:
- Oversees the production of periodic financial reports; ensures that the reported results comply with generally accepted accounting principles (GAAP).
- Reports and maintains all revenues – by industry, by customer, and necessary segmentation.
- Provide gross margin and profit margin reports by product lines, by customer groups and by industry segmentation.
- Provide monthly and year-to-date financial statements for all entities and consolidated for management review as well as for board members in a timely manner.
- Ensuring organizational financial policies and procedures, as well as state and federal laws and regulations are followed.
- Ensure that the information in the ERP/MRP and financial software system is maintained for accuracy. Ability to access, recommend, and implement financial software systems.
- Provide tools for capital assets and other investment projects and report outcomes after implementation.
- Maintains a documented system of accounting policies and procedures; implements a system of controls over accounting transactions to minimize risk.
- Produces the annual budget and forecasts; reports significant budget differences to management. Ensure budgets are prepared for all departments that meet the company’s top level.
- Summarize budget trends, analyzing deficiencies and reporting variances to executives.
- Provides financial analysis on capital investments, pricing decisions, contract negotiations, COGS, and all expense categories.
- Works with external auditors and provides needed information for the annual audit.
- Files quarterly and annual reports.
- Ensures compliance with local, state, and federal government requirements.
- Reviews financial reporting structures, accounting procedures, and investment activities; recommends improvements to procedural, operational, and financial controls.
- Drafts operational and risk reports for management analysis.
- Manages the flow of cash and financial instruments.
- Develop organizational financial strategy – work with other executive decision-makers to minimize risk and identify growth opportunities.
- Supervise and review accounting practices – supervise accounting teams and ensure accuracy and that all work meets applicable standards.
- Technical and interpersonal leadership – managerial duties include answering difficult or technical accounting questions.
- Improve Efficiency – help identify ways to improve financial efficiency to excel at cutting costs and boosting businesses profits.
- Performs other related duties as requested.
Supervisory Duties:
- Plans, leads, and supervises the activities of workers in the department.
- Provides on-the-job training and guidance as needed.
- Manages and oversees accounting functions, which include accounts payable, accounts receivable, bank reconciliations, and payroll.
- Conducts performance evaluations that are timely and constructive.
Minimum Qualifications
- Bachelor’s degree in finance or accounting is required.
- CPA certification highly preferred.
- Minimum 5 years of management experience in finance within a manufacturing company is required.
- Thorough understanding of the laws, regulations, and policies that govern the financial industry.
- Ability to review and analyze financial documents and reports and to identify trends, risks, weaknesses, and other pertinent information.
- Excellent management and supervisory skills.
- Ability to use sound judgment to make decisions in line with company goals.
- Ability to work independently.
- Excellent organizational and time management skills.
- Proficient in ERP/MRP, accounting, and tax preparation software.