Director - Corporate Accounting & Treasury at Gentex Corp

Carbondale Township, Pennsylvania, United States -

Full Time

Start Date

Immediate

Expiry Date

16 Apr, 26

Salary

0.0

Posted On

16 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

GAAP, Accounting Principles, Financial Reporting, Financial Analysis, Budgeting, Cash Management, Risk Management, Internal Controls, Leadership, Communication, Analytical Skills, Problem-Solving, ERP Systems, Microsoft Excel, Process Improvement, Team Management

Industry

Defense and Space Manufacturing

Description

Description The Corporate Accounting Director is responsible for managing and supervising the accounting department of Gentex Corporation. The Accounting Director oversees the financial operations of the company and ensure accurate and timely recording of financial transactions. The Accounting Director will also manage the day-to-day accounting functions such as accounts payable, accounts receivable, payroll, and general ledger. ESSENTIAL FUNCTIONS: Manage and supervise the accounting team, including accounts payable, accounts receivable, payroll, general ledger, and treasury and identify and implement process improvements to increase efficiency and effectiveness of the accounting function. Manage the month-end and year-end close processes, including preparing and reviewing journal entries, reconciliations, and group consolidation (incl. intercompany elimination). Financial Reporting and Analysis: Prepare accurate and timely financial statements, including income statements, balance sheets, cash flow statements and bank covenant calculations. Conduct financial analysis, identify trends, and provide insights to support decision-making. Prepare financial reports to bank and tax advisors. US. GAAP Application: Develop and implement accounting policies and procedures to ensure compliance with generally accepted accounting principles (GAAP) and other regulatory requirements. Research and propose accounting treatment of transactions as needed including preparation of accounting memos for review by our auditors. Assist in the preparation and review of budgets, forecasts, and financial analyses to support business decisions Stakeholder Communication: Collaborate with internal stakeholders, such as finance, accounting, and executive teams, to support financial decision-making. Provide financial expertise and guidance to other departments on financial matters. Communicate effectively with external stakeholders, including banks, auditors, and regulatory bodies. Cash Management: Manage the organization's cash flow, ensuring adequate liquidity for day-to-day operations. Forecast cash requirements and optimize the utilization of available funds. Implement efficient cash handling procedures and controls. Investment, Funding and Risk Management: Develop investment strategies to maximize returns on surplus funds while considering risk tolerance and liquidity needs. Develop funding strategies to finance working capital, capital expenditures, shareholder payments while minimizing interest paid. Identify and manage financial risks, such as interest rate risks, foreign exchange risks, and credit risks. Compliance and Internal Controls: Ensure compliance with financial regulations, accounting principles, and internal policies. Establish and maintain internal controls to safeguard the organization's assets and ensure the accuracy of financial reports. Coordinate and support external audits and regulatory inspections. Banking and Treasury Operations: Oversee banking relationships, including account management, negotiations, and fee analysis. Manage treasury operations, including cash pooling, cash concentration, and payment processing. Oversee administration of export and standby letters credit process to ensure timely and full collection of funds. Evaluate and implement financial technologies and systems to optimize treasury operations. Insurance Program Management and Policy Administration: Develop and execute the organization's insurance strategies and policies to minimize risk exposure. Evaluate and identify the organization's insurance needs across various areas, such as property, liability, etc. Coordinate with insurance brokers, underwriters, and carriers to obtain suitable coverage and assist in negotiation of competitive insurance premiums. Manage the administration of insurance policies, including policy renewals. Review policy terms, conditions, and exclusions to ensure they align with the organization's needs and risk appetite. Maintain accurate and up-to-date insurance records and documentation. Requirements EDUCATION: Bachelor's degree in accounting or related field; Master's degree and/or CPA certification strongly preferred EXPERIENCE: Minimum of 7 years of progressive accounting experience, with at least 5 years in a managerial leadership role. KNOWLEDGE, SKILLS, AND ABILITIES: Strong knowledge of GAAP and other accounting principles and regulations Experience with accounting software and ERP systems, as well as proficiency with Microsoft Excel and other Office applications Excellent analytical and problem-solving skills, with attention to detail Strong communication and interpersonal skills, with the ability to interact effectively with and influence all levels of the organization Change agent that Initiates process improvements including business case, prioritization, implementation, education and documentation. Demonstrated ability to manage multiple projects and priorities in a fast-paced environment Strong leadership and management skills, with the ability to motivate and develop staff Self-motivated, results-oriented, able to work without supervision, able to produce consistent, accurate, timely work Location: Gentex’s Carbondale facility is located in Northeastern Pennsylvania in Lackawanna County. Carbondale, PA is about twenty miles north of Scranton, PA, 50 miles south of Binghamton, NY, and about 125 miles from New York City and Philadelphia. The area hosts numerous nearby state parks, nature preserves and local colleges and universities, including The University of Scranton and Marywood University. Northeast Pennsylvania is a beautiful area and offers an excellent cost of living. It is a great place to work, meet people, raise a family and live! Gentex Corporation is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard for any applicable state or federal protected class. Gentex is an E-Verify Participant. Pre-employment drug/alcohol/background screening is required.

Responsibilities

The Corporate Accounting Director manages the accounting department, overseeing financial operations and ensuring accurate recording of transactions. Key responsibilities include managing the month-end and year-end close processes, financial reporting, compliance with GAAP, and cash management.