Assistant Controller - FEC (Finance)

Position Summary - Assistant Controller

Federal Equipment Company has been a leading supplier for marine deck machinery and specialized weapons and material handling systems. Through the years the company has emerged into an internationally recognized organization with extensive expertise in marine design/engineering and manufacturing of critical shipboard systems. The company, now part of Fairbanks Morse Defense, is rapidly growing.

The Assistant Controller is an individual who has strong accounting skills, a problem-solver and business analysis skills. This person will be expected to provide significant contributions to the monthly closing, audit, and forecasting processes for the financial needs of the organization. In addition, the position will be expected to support the accounting team through special projects, various costing efforts, and general ledger management. This position will also manage 1-2 people who perform the actions for accounts receivable and accounts payable. The role is highly visible with opportunity for growth within the organization.

Principle duties and responsibilities include (but are not limited to):

• Performs and manages the month end closing process including preparation of the journal entries, income statement and balance sheet reconciliations
• Prepares financial statements.
• Supports the monthly forecast process and annual budget cycle
• Manages 1-2 people for Accounts Receivable / Accounts Payables including supporting collections efforts and resolving disputed invoices
• Provides or supports preparation of monthly, quarterly, and annual reports to management and corporate.
• Establishes / supports policies and procedures to ensure appropriate controls are in place to meet both internal and regulatory requirements.
• Inventory management including cycle counting and annual count process
• Prepares Audit documents for annual audit process and bank audits as needed

Qualifications and Educational Requirements

• Bachelor's Degree in Accounting or Finance
• Master's Degree, CPA or CMA preferred
• At least four years of experience in an accounting related role
• Project accounting (or job cost accounting) experience is preferred
• A demonstrated ability to analyze financial trends and communicate results to management
• Government contract cost accounting experience is a benefit
• Expertise in Excel and strong technical skills
• Visual / JobScope experience (or similar ERP computer software package) is preferred
• Hyperion/HFM experience (or similar financial consolidation/reporting software) is preferred
• Knowledge of regulatory requirements including GAAP and FASB

Note: This position requires access or potential access to Unclassified Naval Nuclear Propulsion Information, which is Not Releasable to Foreign Nationals (NOFORN) data. Therefore, to meet NOFORN requirement, you will have to provide proof of US Citizenship and attest that you do not have dual citizenship. Acceptable proof of US Citizenship is a US Passport, US Birth Certificate or Naturalization Certificate.

This specification is intended to indicate the kinds of tasks and levels of work difficulty that will be required of positions that will be given this title and shall not be construed as declaring what the specific duties and responsibilities of any particular position shall be. It is not intended to limit or in any way modify the right of any supervisor to assign, direct, and control the work of employees under his/her supervision. Ability to competently perform all the essential duties of the position, with or without reasonable accommodation, demonstrated commitment to effective customer service delivery, and the ability to work productively as a member of a team or work group are basic requirements of all positions at Fairbanks Morse Defense.