Controller

Federal Signal Corporation


Date: 2 weeks ago
City: Elgin, IL
Salary: $119,073 - $204,126 per year
Contract type: Full time
Essential Job Duties And Responsibilities

  • Direct the activities of the Accounting Department to ensure information is prepared and maintained in accordance with all statutory and regulatory requirements as well as Generally Accepted Accounting Principles (GAAP) and Company standard policies and procedures (SPP).
  • Maintain internal control systems and framework to satisfy Sarbanes Oxley requirements and Federal Signal Standards of Internal Controls (SICs) and ensure all documentation is prepared and completed in accordance with Company policy.
  • Work in collaboration with the General Manager and the Finance team to implement decisions regarding adequate internal controls, processes, procedures, investments, dispositions, pricing, accounting judgments, and commercial activities.
  • Act as a liaison between Operations and Sales to facilitate information flow and decision-making, in addition to corporate staff, outside/ internal auditors and customers/ suppliers.
  • Develop strategic business plan, annual budgets, and monthly forecasts in partnership with business unit leadership and ensure the achievement of performance targets.
  • Share responsibility of forecast accuracy with the business leadership team.
  • Lead the monthly Accounting close process and ensure that all financial results are accurately reported, deadlines are met, and all internal controls have been followed including account reconciliations are prepared and approved, manual journal entries have been entered correctly and are approved, data from third party software have been uploaded and reconciled to the ERP system, and material variances between actual results and prior forecast are explained.
  • Review and approve purchase and sales contracts to mitigate unexpected losses and meet profitability expectations.
  • Coordinate internal and external audits and resolve any identified issues in a timely manner.
  • Review all requests for capital expenditure, lead the approval process, and manage working capital budgets.
  • Create and present relevant financial reporting of performance and detailed analysis of variances and their root causes. Develop action plans to reduce variability.
  • Apply continuous improvement methodology to coordinate, lead, and improve the cost structure of the business unit.
  • Partner with GM and take on a business leadership role by raising issues, providing sound financial advice to the leadership team, and working cross functionally to eliminate risks and roadblocks that could hamper the company’s ability to achieve financial targets.
  • Manage assigned team and provide departmental resource planning and budgeting, recruitment, selection, coaching, training, development, performance management, policy enforcement, corrective actions, and compensation.

Education And Work Experience

  • Bachelor's Degree in Accounting, Business, Management, or Finance required; Master’s or MBA a plus.
  • Certified Public Accountant (CPA) required.
  • 10+ years’ experience in accounting and financial reporting.
  • 5 years’ experience in a manufacturing environment and 5 years’ management experience.
  • 5 years’ JDE (ERP) experience highly desired.
  • Proficient knowledge of finance, budgeting, and cost control principles including the following:
    • Sarbanes-Oxley Act (SOX) requirements
    • Generally Accepted Accounting Principles (GAAP)
  • Knowledge of automated financial and accounting reporting systems; JDE preferred.
  • Ability to ensure and enforce compliance controls and policies.
  • Ability to analyze financial data and prepare financial reports, statements and projections; Demonstrated strong analytical skills and a high degree of detail orientation is required.
  • Good knowledge of short- and long-term budgeting and forecasting, as well as product-line profitability analysis.
  • Demonstrated resourcefulness in setting priorities, proposing new ways of creating efficiencies, and guiding investment in people and systems.
  • Strong written, communication and interpersonal skills required with the ability to effectively participate in and facilitate group meetings.
  • Proven ability to lead business professionals to develop and implement strategies, policies, and procedures that maximize profitability, cash flow, return on investment, and overall effectiveness of the organization.
  • Prior supervision experience of both salaried and hourly position team members required.
  • High degree of proficiency with Excel and Microsoft Office tool suite required.
  • Proficient writing SQL statements and pulling data from ERP system highly desired.
Anticipated Salary Range: $119,073 - $204,126

Benefits Of Employment

In addition to excellent career growth opportunities, Federal Signal Corporation offers a wide array of benefits including: annual bonus potential, insurance (life, medical, dental, vision), paid holidays, paid vacation, 401(k) with matching contributions and tuition reimbursement. We provide our employees with a smoke-free, drug-free workplace.

About Us

Sold and serviced through a network of more than 100 dealer locations worldwide, Elgin Sweeper products are the sweepers of choice for a variety of general street maintenance, special industrial and airport applications. With more than 100 years of experience, Elgin Sweeper offers municipalities, contractors and industries the most sweeper options in the country, using the latest sweeping technologies—mechanical, pure vacuum, regenerative air, alternative fuel and waterless dust control. Elgin Sweeper is a subsidiary of Federal Signal Corporation’s Environmental Solutions Group. For more information, visit www.elginsweeper.com.

Federal Signal Corporation (NYSE: FSS) builds and delivers equipment of unmatched quality that moves material, cleans infrastructure, and protects the communities where we work and live. Founded in 1901, Federal Signal is a leading global designer and manufacturer of products and total solutions that serve municipal, governmental, industrial and commercial customers. Headquartered in Oak Brook, IL, with manufacturing facilities worldwide, the Company operates two groups: Environmental Solutions and Safety and Security Systems. For more information on Federal Signal, visit: www.federalsignal.com.

The Company is an equal opportunity employer. Qualified applicants will not be discriminated against on the basis of, and will receive consideration for employment without regard to, race, color, religion, national origin, sex, sexual orientation, gender identity, age, disability, genetic information, status as a protected veteran, or any other protected category, characteristic, or trait under applicable law. If you require reasonable accommodation in the application process, contact Human Resources at [email protected]. All other applications must be submitted online.

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