Global Controller

Date: Nov 15, 2022

Location: The Woodlands, US, 77047

Company: Dover Corporation

Dover Precision Components delivers performance-critical solutions for rotating and reciprocating machinery across the oil & gas, power generation, marine, industrial, chemical and general processing markets. Comprising the Waukesha Bearings, Bearings Plus, Inpro/Seal and Cook Compression brands, our portfolio includes hydrodynamic bearings, active magnetic bearings, system and bearing protection, and reciprocating compressor valves, sealing technologies, pistons, rods and more. Each solution is custom-engineered to provide optimum efficiency, reliability and productivity, and backed by comprehensive aftermarket services. Dover Precision Components serves its global customer base through facilities in North America, Europe, Asia and the Middle East, as well as technical sales representatives around the world. Dover Precision Components is part of Dover Corporation’s Fluids segment.

Under the general supervision of the CFO, this role is responsible for leading the organization's Accounting function, reporting and control/compliance environment. 

 

Responsibilities      

  • Establishing and maintaining the organization's accounting principles, policies, practices, procedures, and initiatives. 
  • Provides leadership to the global accounting organization and serves as the liaison between Corporate Accounting, Shared Services and operations.
  • Prepares financial reports and presents findings and recommendations to top management. 
  • Demonstrates expertise in a variety of the field's concepts, practices, and procedures. 
  • Relies on extensive experience and judgment to plan and accomplish goals. 
  • Develop policies, procedures, & controls to produce monthly financial statements consistent with the Dover Accounting Policy Manual & Operating Company Policy Monthly consolidation of locations.
  • Responsible for the accuracy of financial statement preparation in accordance with Generally Accepted Accounting Principles (GAAP). 
  • Establish roles and responsibilities within the Controllership team to comply with Dover and Operating Company policies.
  • Responsible for the internal control environment. Maintain current Core Internal Control (CIC) program for all locations.
  • Ensure policies and procedures exist and are being adhered to mitigating control risks. 
  • Organize resources to monitor and perform self-testing of key controls.
  • Act as lead for internal and external audits and post audit remediation activities.
  • Maintain common chart of accounts for all reporting locations.  Review access control requests to ensure compliance with segregation of duties controls. 
  • Maintain common account mapping of trial balance to Dover Reporting System.
  • Promote harmonization of Syteline ERP software package and Spreadsheet Server for global reporting and analysis needs.
  • Prepare quarterly compliance checklist disclosures, consistent with GAAP & Dover Accounting Policy.
  • Organize participation in transitioning current and acquired businesses into the Dover Business Services (DBS) shared service organization.
  • Assist with acquisition models and post-acquisition integration activities including process adoption and financial performance tracking.
  • Provide performance feedback to direct level reports. 
  • Develop annual performance objectives, including continuous improvement goals for the accounting team. Mentor and develop talent.
  • Monitor Service levels for outside shared service organizations.
  • Collaborate with shared service organizations to improve performance metrics. 
  • Liaison between business operations and shared services to promote lean business practices and to reduce transactional cost.
  • Perform balance sheet reviews, including account reconciliations and entity level control procedures. 
  • Establish general ledger account reconciliation standards and review controls consistent with Dover and Operating Company policy.
  • Conduct balance sheet review for each reporting trial balance.
  • Establish tax compliance procedures and timely reporting/filing for federal, state and local (U.S. and abroad) tax requirements.
  • Collaborate with Dover Tax department.
  • Prepare census reports and ad hoc reports related to government requests.
  • Ensure statutory filing and tax compliance for international (non US) locations. 
  • Establish necessary control procedures to validate statutory to US GAAP reconciliations are fully and timely reconciled.
  • Provide information to Corporate to support insurance, benefits, legal or statutory requests. 
  • Drive improvement in working capital metrics including DSO and DPO.
  • Establish workflows for key areas to ensure timely completion of duties to published deadlines/targets.
  • Leads and directs the work of others in the global controllership/accounting team. 
  • Manages the service levels with Dover Business Services (DBS) for outsourced accounting services.

 

Qualifications:

  • High degree of confidentiality mandatory due to sensitive nature of information in area of responsibility.
  • Strong understanding of and ability to implement Generally Accepted Accounting Principles (GAAP). 
  • An understanding of country, state and local tax requirements is necessary.
  • Acumen for dealing with payroll concepts and accuracy critical to position requirements.
  • Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. 
  • Ability to write reports, business correspondence, and procedure manuals. 
  • Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
  • Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
  • Accuracy in computations critical.
  • Ability to deal with problems involving several concrete variables in standardized situations.

 

Education/Experience:

  • Bachelors or Masters of Accountancy or equivalent degree & CPA designation required, MBA preferred. 
  • 7-10 years relevant Finance & Accounting experience required, Global experience preferred
  • Leading large teams
  • Internal and/or External Audit exposure

*Note: This Job Description in no way states or implies that these are the only duties to be performed by the employee occupying this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by the Supervisor. All requirements are subject to change and updates.


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