Company Summary
Managed through the Riverbend Industries portfolio, Phoenix Manufacturing (PMI) is a leading manufacturer and provider of evaporative cooling systems for residential, commercial and industrial applications. PMI prides itself on the quality and innovation that go into every product.
Riverbend Industries (RBI) is a private family-owned portfolio holding company headquartered in Chicago, Illinois. The portfolio is primarily comprised of several small, independently operated, previously family-run businesses in the light manufacturing and distribution sectors. The portfolio is a long-term holder of its investments/assets and plans to grow both organically and through acquisitions into the near future.
Position Summary
The Sr. Accountant/Assistant Controller will support the Controller in assisting in managing accounting and finance operations within a manufacturing environment. This includes the production of financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk. The Sr. Accountant/Assistant Controller will also enhance the accuracy of the company reported financial results and ensure that reported results comply with generally accepted accounting principles (GAAP). The Sr. Accountant/Assistant Controller supports the Controller in collaborating with various departments to ensure efficient financial operations and accurate reporting.
Key interactions include:
- Collaborating with Operations Team to gain insights into production costs, inventory management, and cost-control strategies
- Collaborating with Sales & Marketing Team to forecast sales, manage budgets, and analyze the financial impacts of marketing initiatives
- Collaborating with Human Resources Team on payroll, benefits, and other employee-related expenses to ensure accurate financial allocation
- Collaborating with Executive Management in delivering financial insights and reports to support informed strategic decision-making
The Sr. Accountant/Assistant Controller will have several Roles and Responsibilities including, but not limited to the following:
- Prepare and publish timely monthly financial statements
- Work with the business Controller to coordinate the preparation of regularity reporting
- Prepares and records asset, liability, revenue, and expenses entries by compiling and analyzing account information
- Support month-end and year-end close process
- Maintain and enforce a documented system of accounting policies and procedures
- Assist with overseeing the operations for the accounting department, including the design of an organization structure adequate for achieving the department goals and objectives
- Maintains and balances subsidiary accounts by verifying, allocating, posting, and reconciling transactions and resolving discrepancies
- Ensure that required dept payments are made on a timely basis
- Serve as back-up to Accounts Receivable and Accounts Payable
- Ensure accuracy and integrity of the company’s financial information
- Work with business Controller in implementing and monitoring compliance with internal controls and company policies
- Completes external audit by analyzing and reconciling general ledger accounts and providing information for auditors
- Review weekly payroll and approve before payroll processing
- Submit company monthly insurance billing reporting
- Comply with local, state, and federal government reporting requirements and tax filings
- Insures employees are properly trained in their position and additional positions as applies
- Establishes an environment that is conducive to collaboration and teamwork, promotes positive employee relations and takes steps to prevent or diffuse conflicts
- Must perform all work in accordance with all applicable safety procedures
- Other duties and responsibilities as assigned
This is a guideline to help you evaluate the position additional duties as required
Required Skills and Abilities
- Bachelor’s degree in Accounting, Finance, or related field required
- CPA or CMA certification preferred
- Minimum of 5 years of progressive accounting experience
- Experience in public accounting or a corporate accounting environment preferred
- Strong understanding of GAAP and financial reporting standards
- Has worked in a Sarbanes-Oxley (SOX) compliant environment
- Experience in a Manufacturing environment highly desirable
- Experience with Cost Accounting such as working with costed bills of material, understands labor absorption, and understands Variable Overhead Absorption a plus!
- Proficient in accounting software and Microsoft Office Suite (Excel, Word, Outlook)
- Excellent analytical, organization, and problem-solving skills
- Ability to work independently and collaborative in a team environment
- Flexible, assertive, team player who is willing to help wherever needed to achieve company goals
- Must have ability to lead by example
Skills and Characteristics
- Operational background and proven ability to contribute at the strategic level (i.e., strategic forecasting, planning and decision making)
- Innovative, strategic thinker and planner with the ability to create and communicate a vision for the future and translate it into clear strategies, specific priorities and scorecards to track progress
- Comfort with and preference for collaborative work – both within the senior leadership team and the finance organization as a whole; willingness to identity, build, and propose solutions collectively
- Ability to engage, inspire, motivate, and develop at all levels of the portfolio
- Excellent verbal, written and board-level presentation skills; communication of business plans, strategies, financial results, and action plans
- Working knowledge of finance law and regulatory standards (Generally Accepted Accounting Principles)
- Proven financial and accounting technical skills and business savvy
- We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
Work Environment/Physical Demands
- Willing and able to raise and transport articles weighing up to 10 pounds
- Willing to work alone a high percentage of the time
- Willing to wear proper personal protective equipment (PPE) as required by company policy.
- Willing to work in and spend time in a manufacturing environment
85,000 – 105,000