Overview:
Sunnen, with 14 global locations and over 700 employees celebrated its 100-year anniversary in 2024. This industry leader manufactures machines and consumables used in the honing process by a wide range of industries with blue-chip customers throughout the globe. Known for its quality, precision, and efficiency Sunnen products are the brand of choice. Acquired by P4G a leading Private Equity Firm in 2023, Sunnen is positioned for future growth. This is a great opportunity to join a growing company that is going through change. This critical role performs accounting, administration, analysis, and reporting in compliance with US GAAP and statutory requirements globally. The position is key in building a high performing controllership function that influences and enables profitable, controlled, and sustainable growth at Sunnen, while demonstrating uncompromising integrity, respect, commitment to teamwork, and relentless drive to add value.
Responsibilities:
- Prepare and manage monthly close activities including journal entries, consolidation of sub-ledgers, reconciliation, and analysis.
- Focus on inventory management, reconciliation, and costing analysis
- Assist team in the preparation of global financial statements in accordance with US GAAP and global statutory requirements.
- Review, analyze, and reconcile sub-ledgers from multiple sources, systems, and locations.
- Reconcile intercompany accounts with transactions involving foreign currencies from multiple locations in Europe, Asia, Mexico, Canada, and USA.
- Responsible for the capital expenditure and fixed asset process, including monthly reporting of capex comparing actuals to budget and forecast, meeting with project owners to manage in service date additions and retirements/disposals.
- With 3rd party tax advisors ensure compliance with all federal, state, local and foreign taxes by preparing timely and accurate returns and maintaining records.
- Work with outside auditors, state and federal agencies, and 3rd parties on compliance processes and audits.
- Work with management on continuous improvement and efficiency initiatives.
- Assist with establishing and implementing best practice processes and procedures for local and global accounting functions.
- Assist with implementing controls, maintaining and building a strong control environment throughout the organization.
- Facilitate a sustainable and repeatable monthly, quarterly, and annual financial cadence.
- Involvement in technical accounting and compliance initiatives globally.
- Prepare and further advance analytical financial metrics to drive accountability and value.
- Active involvement with the Oracle system implementation.
- Involvement in other corporate functions such as credit, collections, insurance, risk management, cash management, global repatriation and corresponding intercompany transactions, and banking.
- Involvement in merger and acquisition diligence and integration
- Special projects as assigned.
Required Skills & Abilities:
- Bachelor's Degree in accounting or finance (CPA preferred).
- Minimum of 3-5 years' accounting experience, preferably in manufacturing with standard costing experience.
- Strong understanding of US GAAP and technical experience, international and purchase accounting a plus.
- Advanced Excel skills and strong technical and software background.
- Excellent analytical and problem-solving skills.
- Attention to detail with outstanding organizational skills.
- Comfortable working in a fast-paced and dynamic environment with ability to manage competing priorities.
- Process minded, with ability to establish, build and implement best in class processes globally.
- Comfortable with change and driving change.
- Positive, hardworking, analytical, strategic thinker, and business partner.