Job Title: Assistant Controller
Company: Metalforms
Location: Beaumont, TX
Company Overview:
TransTech is a leading provider of specialized infrastructure and custom-engineered equipment for diverse industries. Our expansive capacity and technical expertise enable large-scale production of complex, high-quality equipment while meeting rigorous quality and safety standards.
TransTech’s companies provide comprehensive solutions for gas and liquid processing, storage, transfer, and utilization, adhering to ASME, API, and TEMA standards to ensure reliability and precision in every project.
From individual services to full project solutions, TransTech’s teams deliver expert engineering, fabrication, construction, operations and maintenance, supporting projects nationally and internationally. We help customers achieve impactful, sustainable results with a commitment to safety, community, and environmental responsibility.
Job Summary:
This role was newly created as part of a succession planning strategy to ensure seamless leadership transition and business support to gradually transition responsibilities from the Metalforms Controller who is approaching retirement after 20+ years in the position.
This key leadership position will be responsible for the Finance and Accounting functions for the Metalforms business headquartered in Beaumont, TX. Initial focus will be to forge strong business partnerships and provide financial analysis/decision support to Metalforms Leadership Team to ensure continued profitable growth, support the International Expansion into Italy / Europe, and driving improvements in accounting processes and automation.
This highly visible and impactful role will position the successful candidate to assume the Metalforms Controller role upon incumbent’s retirement. This role will also have upward career opportunities within Finance and Accounting as well as the ability to pursue advancement opportunities in manufacturing, procurement, and general management organizations.
Duties and Responsibilities
- Build strong business partnerships with the Metalforms Leadership Team and provide financial insights and decision support.
- Support Metalforms International expansion through a recent acquisition of a business in Italy to enable penetration of European market.
- Develop a best-in-class Finance and Accounting Team; invest in talent development and engagement.
- Lead next phase of OneStream accounting system implementation to implement on-line account reconciliations and task manager process to ensure month-end closing is completed on a timely basis.
- Prepare monthly, quarterly, and annual financial statements and management reports.
- Drive continuous improvement projects to increase the accuracy and completeness of actionable financial data, reduce manual work, and shorten the close and reporting processes.
- Conduct reviews of complex contracts to ensure proper accounting and invoicing requirements.
- Ensure proper management of invoicing, accounts receivable, and collections processes.
- Cash Flow forecasting and management; partner with business to accelerate the Order-to-Cash cycle by streamlining the upstream and downstream invoicing process and improving collections processes.
- Ensure the accurate and timely collection of complex job-costing information to enable project cost and margin analysis.
- Monitor and report on projects to proactively identify opportunities to expand margins by driving cost reductions and optimizing pricing.
- Develop reporting and Key Performance Indicators (KPIs) to monitor business performance.
- Analyze and bridge forecast to actual financial results to explain performance to Leadership Team and ensure accuracy of month-end closing.
- Ensure compliance with sales tax rules and ensure that sale tax and property tax returns are prepared and filed by deadlines.
- Improve accounting policies and procedures; implement and share best practices across businesses.
- Enhance internal controls over accounting and business processes.
- In partnership with the Metalforms Controller and TransTech Corporate Controller, ensure compliance with US GAAP and company policy; support external audits (financial, insurance, banking).
- Lead the forecast and annual budget processes.
- Participate in acquisition analyses, diligence and financing with the Company and its affiliates.
- Ad-hoc projects and analysis / other duties as assigned.
- Travel requirements of 15-20%, including local travel to Cypress TX.
Education and Experience:
- Bachelor's degree in accounting. MBA or CPA preferred.
- 10+ years of accounting/analysis experience in a manufacturing business.
- International experience is highly desirable.
- Strong knowledge of Generally Accepted Accounting Principles (GAAP).
- Experience with Percentage of Completion (P.O.C.) revenue recognition.
- Solid understanding of ERP systems, Infor Visual experience preferred.
- Advanced knowledge of accounting systems and Excel required.
- Experience in Financial Reporting and Consolidation software, OneStream experience preferred.
Personal Attributes:
- Possess the highest level of integrity and ethics.
- Dependability, trustworthiness, and ability to work on confidential projects.
- Strong leadership and Team building skills.
- Strong coaching/mentoring and organizational development skills.
- Must have a well-developed and broad business acumen.
- Excellent analytical and problems solving skills.
- Must possess a sense of urgency, a strong work ethic and results orientation.
- Willing to embrace change and able to implement and lead change.
- Able to interact with all levels of associates in a Team-oriented environment with a service attitude.
- Proven ability to forge strong cross-functional business partnerships.
- Continuous improvement orientation / process improvement mindset.
- Effective planning and organization skills combined with strong written and oral communication skills.
- Able to explain complex financial concepts and results to non-financial managers.
Benefits:
Employee benefits include the following, although the costs and coverage may change over time and participation may be based on achieving a certain minimum number of hours worked:
- Competitive Paid Time Off.
- 401K with Safe Harbor Match - 100% of your first 3% contribution and 50% of your contributions on the next 2% of salary deferral.
- Employer-sponsored life insurance, long-term disability, and AD&D.
- Group health insurance.
- Group dental and vision insurance
This organization provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.