U.S. Controller

Thorlabs; Newton, Northern (NJ, KY); Hybrid; USD 186,000 - 210,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

PTO

401(k) plan

Tuition reimbursement

Job summary

Thorlabs Inc. is seeking a seasoned Controller for the U.S. to lead the corporate accounting department and oversee accurate financial reporting, audits, and budgets. You will develop reports forecasting income, expenses, and earnings based on past and expected operations.

Based in Newton, NJ, the role may require travel to other Thorlabs locations and coordination with the global finance team. Strong GAAP and manufacturing experience are essential.

Qualifications

• Bachelor's degree in accounting or related field preferred; CPA or MBA welcomed.
• Extensive knowledge of US GAAP and US taxation.
• Experience with manufacturing costing, inventory, and multi-location consolidation.
• Proven leadership in global accounting, controls, and audits.

Responsibilities

• Oversee general ledger analysis and new account setup.
• Reconcile inventory accounts, CO GS, and pursue cost reductions.
• Prepare monthly financial statements and domestic reporting.
• Assist in AP/AR oversight and payroll tax compliance.
• Support tax compliance and formulation of internal controls.

Skills

Consolidations

Eliminations

Foreign subsidiaries

Management experience

Payroll

Banking

US GAAP

US taxation

Education

Bachelor's degree in accounting

CPA or MBA preferred

Tools

Microsoft Dynamics 365 Finance & Operations

Job description

At Thorlabs Inc., we’re pushing the boundaries of photonics and laser innovation, and we know that our people are at the core of our success. We are seeking a dynamic Controller for the U.S. to assist in the oversight of the corporate accounting department for the accurate and timely dissemination of financial management reports, including, but not limited to, internal and monthly external financial statements, annual audits, and budgets. You will be responsible for developing reports that summarize and forecast the company's business activity and financial position in areas of income, expenses, and earnings, based on past, present, and expected operations.

Although the location of the position is in Newton, NJ, from time to time it may be required to undertake duties at other Thorlabs locations.

What You’ll Do

• Responsible for ensuring a complete and accurate General Ledger Analysis, identifying when new accounts are needed, and setting up new accounts
• Reconciles inventory accounts & COGS, identifies and implements cost reductions
• Completes Accounting Department Checklist, updates numbers weekly
• Independently completes monthly Financial Statements within specified goals
• Analysis of domestic F/S
• Recommends and maintains accounting policies and procedures to ensure compliance with GAAP
• Assists in the oversight of the disbursement function, ensuring the accurate and timely processing of accounts payable, purchase orders, petty cash, core employee expense reports, cash control, core payroll processing, and total corporate payroll tax compliance
• Assists in the oversight of the accounts receivable function to ensure the accurate and timely management of all accounts receivable aging components, including billings, cash receipts application, etc., funding service management, which includes weekly funding reports and customer service; quarter and year-end payroll closing, including federal and state reports; and check statistic management
• Assist the Global Controller in assuring corporate income tax compliance to ensure the accurate and timely completion of all corporate income tax returns, taking full advantage of all favorable tax codes
• Assist in the formulation of internal controls and policies to comply with legislation and establish best practices
• Establish and maintain systems and controls that verify the integrity of all systems, processes, and data, and enhance the company's value

What You Bring

• A minimum of 10 years related experience with Consolidations, Eliminations, Foreign subsidiaries, Management experience, Benefits, Payroll, Banking, including credit lines and mortgages
• A bachelor’s degree in accounting, CPA, or MBA is preferred
• Knowledge of US GAAP
• Knowledge of US taxation
• Manufacturing experience, including inventory costing and accounting
• Experience in a global, multi-location business
• Strong knowledge of the General Ledger System
• Microsoft Dynamics 365 Finance & Operations (D365 F & O) preferred

Thorlabs values its diverse environment and is proud to be an Equal Employment Opportunity/Affirmative Action employer. All qualified individuals will receive consideration for employment without regard to race, color, religion, gender, gender identify or expression, sexual orientation, national origin, genetics, disability, age or veteran status. Job descriptions are not intended as and do not create employment contracts. The organization maintains its status as an at-will employer. Employees can be terminated for any reason not prohibited by law

Salary range for this position is $186,000 - $210,000 depending on experience

Thorlabs offers a complete benefits package that includes medical, dental and vision insurance, company paid life insurance, a generous PTO package, a 401(k) plan, and tuition reimbursement just to name a few..