Assistant Controller

Assistant Controller

Company: Monogram Aerospace Fasteners

Primary Location: 3423 S Garfield Avenue, Commerce, CA 90040 USA

Workplace Type: On-site

Employment Type: Salaried | Full-Time

Function: Finance

Equal Opportunity Employer Minorities/Women/Veterans/Disabled

Main Duties & Responsibilities

Summary:
PennAero is hiring an Assistant Controller at our Monogram Aerospace
Fastener company in Commerce, CA. With over 125 years of manufacturing
experience, Monogram Aerospace Fasteners prides itself on designing, developing
and delivering innovative high-quality aerospace fasteners and products to its
customers. In addition to blind bolts, Monogram also offers a wide array of
products, including temporary fasteners, collars, and various fastener
installation and removal tools.
About PennAero:
PennAero is a leading manufacturer of highly engineered fasteners and
specialized components for critical aerospace, defense, space, and advanced
energy applications. We partner with customers to solve their most complex
challenges, bringing technical depth and disciplined, agile execution when it
matters most. Experience guides our growth-strengthening capabilities and
expanding our global platform as markets evolve. To learn more about PennAero's
capabilities and commitment to aerospace excellence, visit https://pennaero.com

Principal Duties and Responsibilities:
Reporting into the Controller, the Assistant Controller is responsible for
managing, leading and developing direct reports (all Finance team members other
than Controller).
Capable of performing the tasks of the Controller in their absence.

Business partnering:
Capable of presenting financial information and perspectives to all levels of
the organization, including C-suite and Board of Directors.
Identify business risk and opportunities with cross-functional teams and
develop mitigation plans as necessary.
Automate standard work processes to reduce the administrative burden and risk
of error.
Prepare robust and diligent financial business cases for capital investment
proposals.
Capable of performing in-depth financial analysis that facilitates decision
making.

Budgeting:
Lead the annual budget process, ensuring timely completion of deliverables and
challenging departments with respect to expense, capital, productivity and
headcount plans.
Prepare, distribute and consolidate budget review files in collaboration with
departments.
Loading of financial statements into divisional and corporate consolidation
systems.

Forecasting:
Preparation and presentation of monthly rolling forecast updates for income
statement, balance sheet and cash flow.
Maintain confidential personnel database to ensure accurate financial
forecasting.

Period close management:
Lead the monthly and quarterly close cycles, supporting the team as necessary
to prepare the full set of financial statements and present to the Controller.

Business review:
Co-ordination and preparation of the monthly business review package, ensuring
accurate information is received timely from other departments and challenging
as necessary.

Compliance:
SOX compliance SPA - liaison with internal and external audit and coordinate
documentation requests with internal departments.
Provide information for local, state and federal tax requirements, engaging
Corporate tax personnel as necessary.
Maintain RCM and critical testing documentation to reflect business conditions.

Inventory:
Ownership of inventory control scope, related entries and account
reconciliations, ensuring accuracy and compliance with accounting standards.
Prepare work order variance analysis, identify root causes and take corrective
actions.
Ensure inventory risk is reviewed monthly and appropriate reserves are made.
Prepare annual cost roll data and lead the implementation process.
Oversight of the cycle count process and results, ensuring accuracy is >95%
and implementing improvement actions as necessary.
Lead the annual physical inventory process and ensure effective designation of
duties across the team, collation of results and communication of outcome.

Required behaviors:
Independent critical thinking ability and able to drive improvements without
prescriptive instructions.
Capable of presenting to various levels of management.
Able to prioritize effectively, work calmly under pressure and manage time
constraints.
Drives high performance across the organization and leads with integrity.
Demonstrates initiative in leading the team, non-Finance personnel and assigned
projects.
Diligent and thorough, with attention to detail.
Positive attitude to work and willingness to grow in the role.

Solid, demonstrable understanding of US GAAP and State/Federal tax laws.
This role is required to be on-site 5 days at the Commerce,
CA location.

Qualifications

Required qualifications & experience:
Bachelor's degree in accounting or business
Team leading/supervisory experience.
7+ years in a manufacturing environment, with demonstrable cost accounting
capability.

Strong ERP understanding and ability to identify/implement improvements with IT
support.
Advanced in Excel and PowerPoint, with knowledge of sequel/BI dashboard
building.

Compensation

In compliance with all states and cities requiring transparency of pay, the expected pay range for this position is $145,000-$165,000.
Compensation can vary depending on several factors, including a candidate's qualifications, skills, experience, competencies, and geographic location. Some roles may qualify for extra incentives like equity, commissions, or other variable performance-related bonuses. Further details will be provided by our recruiting team during the interview process.

Benefits

Benefit offerings include Medical Insurance and Prescription Drugs, Dental Insurance, Vision Insurance, Flexible Spending Accounts, Life Insurance, Short-Term Disability, Long-Term Disability Insurance (for eligible employees), Employee Assistance Plan (EAP), Paid Time Off (may include vacation and sick time), Retirement Program, and Other Voluntary Benefits.