Controller

Direct the financial functions of TECO Holdings North and South American companies and others, as assigned, including accounting, tax, financial planning, and control.

Ensure compliance of the accounting books and records with GAAP, FASB, IRS and Revenue Canada rules and regulations. Ensure compliance to all parent company financial information requirements.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Direct the accounting function in accordance with IFRS rules. Produce financial statements that accurately reflect the financial condition of the business.

Coordinate an annual examination by external auditors chosen by the Board of Directors.

• Direct and coordinate the annual profit plan and establishment of the systems and controls necessary to follow, measure and report actual operations results versus planned results.
• Prepare balance sheet and cash flow forecasts for TECO Holdings North & South American companies.
• Develop and maintain adequate internal control systems to prevent losses due to employee malfeasance.
• Analyze and make recommendations on operating performance, suggested or planned changes in operations and levels of expenses relative to levels of sales.
• Maintain relationships with other departments, owners, customers, bankers, and suppliers.
• Keep abreast of current techniques for measuring, controlling, and influencing all phases of the operations.
• Select, train, and develop high potential direct report financial personnel. Plan and schedule workload and assign work.

Maintain morale of subordinates. Review performance of subordinates. Recommend wage or salary adjustments.

• Recommend budgets and control expenditures.
• Report results and unusual situations to the CFO.
• Direct and coordinate the mechanization of accounting areas and assist the systems department in the implementation.
• Regular attendance is an essential function of this position.
• Compliance with applicable Company policies concerning maintaining a drug-free workplace is required.
• Compliance with all Company policies is required, including adherence to Company ISO 9001 Standards and compliance with Company Affirmative Action Plan, Company Safety procedures and TWMC’s Business Ethics Policy.
• Incorporate the Standards of Excellence as outlined by TWMC (Pride, Desire, Teamwork, Attention to Detail, Follow-through) into daily activities to create a Total Quality environment through personal commitment to excellence.
• Perform other functions as required (non-essential functions).

RESPONSIBILITY FOR PHYSICAL AND FINANCIAL RESOURCES

• Expenditures responsibility to evaluate capital expenditures, continued review of inventory levels, expenses, budgets, etc.
• Utilization of Physical Resources responsible for monitoring usage of fixed assets and inventories to properly record for book and tax purposes.
• Safeguarding of Assets responsibility for procedures and records for reporting, securing, and controlling all assets.
• Records responsible for maintenance and custody of all company financial records subject to the Board of Directors and governmental retention policies.
• Money Management Pay all bills, pay and distribute payrolls, maintain and reconcile bank accounts and petty cash.

PROBLEM SOLVING

This position must have a good overall knowledge of all functions of the company to be able to effectively contribute pertinent information in resolving company problems.

The Controller is responsible for evaluating financial information, analyzing trends and making recommendations accordingly.

The area of profit and financial planning requires this position to be heavily involved with how goals, targets and objectives are going to be established by all departments of the company.

Also, procedures and reporting must be established to measure the actual performance versus these objectives, targets, etc.

DECISION MAKING

Reporting to the Chief Financial Officer of the company, the Controller recommends, advises and therefore influences decisions.

These include such items as alternative operating procedures, priorities of project and products, manpower plans, expense levels, financial targets, and long and short-term business goals and strategies.

Recommendations on these kinds of items are normally presented in financial or quantitative terms.

Decisions where the Controller serves as the final decision maker involve accounting policies and procedures, in conformity with sound and practical business guidelines.

Also included are cost standards, applicable costs on customer negotiations, cost trends and interpreting economic factors.

This is a highly technical area that involves complete knowledge and understanding of financial records, routines and concepts.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION

Bachelor’s degree (B. A.) in Accounting or Finance from four-year college or university; and ten years related experience and / or training;

or equivalent combination of education and experience.

Post Graduate Degree desired but not required.

EXPERIENCE

• A thorough knowledge of accounting and financial planning techniques and procedures as well as complete knowledge of basic accounting theory.
• 10 years in a financial management position.
• 5 years in general accounting, payrolls and statement closing and general ledgers in an exempt or management position.
• 5 years in cost and inventory control in an exempt or management position.
• 5 years in profit and financial planning in an exempt or management position.

CERTIFICATES, LICENSES, REGISTRATIONS

CPA required

SKILLS AND ABILITIES

• Strong communication and people skills are essential for effectively interacting with customers.
• Computer skills required : Microsoft Outlook, Word, and advanced Excel. SAP strongly preferred.

SUPERVISORY RESPONSIBILITIES

Manages multiple subordinate managers who supervise multiple employees in several departments. Is responsible for the overall direction, coordination, and evaluation of these departments.

Carries out supervisory responsibilities in accordance with the organization’s policies and applicable laws. Responsibilities include interviewing, hiring, and training employees;

planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand, walk;

sit; use hands to finger, handle, or feel; and reach with hands and arms. The employee must occasionally lift and / or move up to 10 pounds.

Specific vision abilities required by this job include close vision.

MANAGEMENT DISCLAIMER

TECO-Westinghouse’s (TECO-Westinghouse) Management reserves the right to revise, change or modify the duties and responsibilities of this position at any time to meet business and organizational needs.

This position description may not list all duties for this position. The incumbent in the position may be asked to perform other duties.

This position description is not a contract for employment and either the incumbent or TECO-Westinghouse may terminate employment at any time, for any reason.

Minorities / Females / Disabled / Veterans Equal Opportunity Employer.

J-18808-Ljbffr