Environmental Dynamics International (EDI) is a global leader in aeration systems for wastewater treatment facilities. EDI is part of a Private Equity-backed platform of similar type businesses who together have taken on the mission of environmental accountability, strong growth, and EBITDA improvement.
This role is responsible for the accuracy and integrity of all financial information for the EDI business. Reporting directly to the Senior Vice-President of Operations and Finance, the Controller will have responsibility for general ledger accounting, credit, internal and external reporting, and working capital/cash management.
As a critical member of EDI leadership team, the Controller is responsible for driving the financial performance of EDI and ensuring that economic rigor is applied to the decision-making process. This includes efforts to improve working capital, improve cash flow, and drive continuous improvement in cost and productivity. This role is based in Columbia, MO.
Essential Job Duties
Maximize return on financial assets by establishing, monitoring, and enforcing policies and procedures. Will manage the preparation of the entity’s business planning process, incorporating margin, productivity, cost and working capital targets
Develop and maintain accurate standard cost data for all products, working with both product teams and business management to review existing standards. This will pertain to purchased products and manufactured products with labor and overhead.
Develop necessary working capital polices and controls to ensure integrity of financial statements.
Facilitate cost reduction efforts in the organization where necessary, holding the plant management team responsible for delivering annual cost reductions and productivity improvements.
Prepare, review, and analyze monthly financial statements/KPI reports for the entity in accordance with company policies and GAAP.
Proactively partner with management and direct team to ensure that all parties have a clear and accurate picture of the entity’s overall financial performance. This will include Monthly Financial Reviews.
Prepare monthly rolling forecasts and provide the leadership with insight and commentary for all major variances from both plan and prior forecast.
Ensure proper internal controls are in place to safeguard company assets.
Serve as the primary contact for internal and external auditors.
Compile and support detailed monthly reporting packages.
Participate with other team members in upgrading the ERP package
Oversee a 4-person Accounting staff. Position will define department objectives, mentor staff and train to achieve deliverables.
Responsible for preparation of monthly and quarterly borrowing base and covenants reporting to various financial institutions
Coordination with foreign intercompany entities
Proactively partner and maintain effective working team relationships with all support departments within the company that meet company core values
Technical and Functional Skills
Variance analysis skills.
Advanced Excel capabilities.
Experience with common ERP packages
Excellent verbal and written communication skills.
Analytical skills supported by data.
An ability to think through issues as they arise, and a willingness to offer and debate suggestions.
Plant operations and costing knowledge preferred.
Sales Tax and exposure to VAT a plus but not required.
Foreign currency exposure a plus but not required.
Education and Experience
Bachelor's degree in Accounting/Finance or Business with a minimum of 7 years related experience at a Manager level or above.
Financial Statement modeling and pro-forma analysis experience
Experience adhering to strict deadlines regarding monthly close cycles and reporting packages to ownership groups, including support and understanding of the results.
CPA and/or CMA preferred but not required
Construction Accounting and an International Customer Base a plus.
Internal Number: 2020
We design and manufacture aeration solutions for the water and wastewater industry. We also provide customized service packages for all aeration systems. Our motto is "aeration for life."