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Controller - Fullerton Tool Company - Client Opening in Saginaw, MI at Rehmann, LLC

Date Posted: 11/1/2018

Job Snapshot

Job Description

Fullerton Tool Company, located in Saginaw, Michigan, has been family owned and operated for 70 years. They are the only location in the world to manufacture Fullerton brand solid carbide cutting tools for a vast variety of industries. Fullerton continues to push for innovation, uses lean concepts, and is committed to high-quality tools and service.  They are in search of a Controller to provide quality, technical, financial services to support day to day operations and their strategy for growth.

Mission: Cutting through the world providing FAST innovative solutions
Vision: Make a Positive Difference
Core Values: People | Principles | Passion | Precision | Productivity

Position Summary:
This position requires a hands-on, motivated, outgoing and confident team player that desires to work with an organization that shares the same vision, values and goals. The individual will understand accurate details and timely communications are critical to good business outcomes. The individual will provide and accept feedback, welcome and adapt to change, challenge the status quo and be committed to the success of others.

Primary Functions and Duties

The Controller works under the guidance of and assists the CFO in preparing and reporting financial statements consistent with bank and/or regulatory requirements, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the Company’s reported financial results, and ensure that reported results comply with generally accepted accounting principles, ensure that required debt payments are made on a timely basis, create/maintain a costing system that supports accurate quoting and pricing, monitor debt levels and compliance and debt covenants.

• Assist the CFO in the direction of the accounting functions of an organization.
• Assist in the timeliness and accuracy of the financial statements.
• Prepare budgets and financial reports and oversee their evaluation.
• Present accounting reports and make observations and recommendations.
• Maintain data accuracy and integrity through high-quality system controls.
• Create liability of financial statements by setting up internal control systems and adopting proper policies for financial reporting.
• Review financial data to ensure fairness and completeness of the data.
• Develop proper operational, data documentation and troubleshooting procedures.
• Perform cash management functions including: daily and weekly cash flow forecasting, supervise weekly cash disbursements, oversight of weekly/monthly ACH payments and wire transfers, complete accounts receivable analysis and oversee collections, utilize payment discount to keep costs low
• Conduct account reconciliations and analysis
• Assist in the company’s monthly and yearly closing including journal entries, monthly account and bank reconciliations, inventory summary analysis, monthly AR and AP reports, fixed assets/depreciation updates
• Assist with pay period, monthly, quarterly, and year-end time capture and payroll functions
• Create/maintain a costing system that supports accurate quoting and pricing
• Maintain job cost and create/analyze labor/overhead rates
• Complete customer analysis for profitability and create daily reports – incoming orders and profitability reports for nonstandard exception reporting
• Track customer rebate programs
• Monitor debt levels, compliance with debt covenants and timely debt payments
• Complete manufacturing census data
• Create daily bonus program reporting and weekly labor % posting
• Handle other (outside of Michigan) state tax filings and property tax filings
• Assist with special projects

Qualifications and Competencies

• Bachelor’s degree in Accounting or Finance or equivalent work experience.
• Minimum of 3 years in a lead accounting role (i.e., Sr. Accountant or Accounting Manager).
• CPA preferred
• Exposure to job cost accounting and ABC reporting and experience with Global Shop Solutions a plus.
• Knowledge of internal controls.
• Strong skills in using accounting and Microsoft office applications.
• Established ability to develop and take direction well
• Strong detail orientation.
• Able to multi-task and use exceptional organizational skills.
• Excellent oral, written communication and presentation skills.

As the company grows and transitions these duties are subject to adjust accordingly.

[For further information and consideration on this great career opportunity apply online at Please include references and salary history in your submission.]