Director, Corporate Accounting & Treasury

Description

GENTEX AT A GLANCE:

At Gentex Corporation, we’ve created an environment where great ideas and great people can thrive. Leveraging a history that spans over 125 years, Gentex is a global leader in personal protection and situational awareness solutions for defense forces, emergency responders, and industrial personnel operating in high performance environments.  Join our multinational team of exceptional and dedicated employees around the world and work on challenging and rewarding projects, grow your skills, and advance your career all while making a positive difference in the lives of our customers. Together, you and Gentex can build a career that’s uniquely yours.

ABOUT THE JOB! 

The Corporate Accounting Director is responsible for managing and supervising the accounting department of Gentex Corporation. The Accounting Director oversees the financial operations of the company and ensures accurate and timely financial reporting. The Accounting Director will also manage the day-to-day accounting functions such as accounts payable, accounts receivable, payroll, and general ledger.

ESSENTIAL FUNCTIONS:

• Manage and supervise the accounting team, including accounts payable, accounts receivable, payroll, general ledger, and treasury and identify and implement process improvements to increase efficiency and effectiveness of the accounting function.
• Manage the month-end and year-end close processes, including preparing and reviewing journal entries, reconciliations, and group consolidation (incl. intercompany elimination).
• Financial Reporting and Analysis: Prepare accurate and timely financial statements, including income statements, balance sheets, cash flow statements and bank covenant calculations. Conduct financial analysis, identify trends, and provide insights to support decision-making. Prepare financial reports to bank and tax advisors.
• US. GAAP Application: Develop and implement accounting policies and procedures to ensure compliance with generally accepted accounting principles (GAAP) and other regulatory requirements. Research and propose accounting treatment of transactions as needed including preparation of accounting memos for review by our auditors.
• Assist in the preparation and review of budgets, forecasts, and financial analyses to support business decisions
• Stakeholder Communication: Collaborate with internal stakeholders, such as finance, accounting, and executive teams, to support financial decision-making. Provide financial expertise and guidance to other departments on financial matters. Communicate effectively with external stakeholders, including banks, auditors, and regulatory bodies.
• Cash Management: Manage the organization's cash flow, ensuring adequate liquidity for day-to-day operations. Forecast cash requirements and optimize the utilization of available funds. Implement efficient cash handling procedures and controls.
• Investment, Funding and Risk Management: Develop investment strategies to maximize returns on surplus funds while considering risk tolerance and liquidity needs. Develop funding strategies to finance working capital, capital expenditures, shareholder payments while minimizing interest paid. Identify and manage financial risks, such as interest rate risks, foreign exchange risks, and credit risks.
• Compliance and Internal Controls: Ensure compliance with financial regulations, accounting principles, and internal policies. Establish and maintain internal controls to safeguard the organization's assets and ensure the accuracy of financial reports. Coordinate and support external audits and regulatory inspections. 
• Banking and Treasury Operations: Oversee banking relationships, including account management, negotiations, and fee analysis. Manage treasury operations, including cash pooling, cash concentration, and payment processing. Oversee administration of export and standby letters credit process to ensure timely and full collection of funds. Evaluate and implement financial technologies and systems to optimize treasury operations. 
• Insurance Program Management and Policy Administration: Develop and execute the organization's insurance strategies and policies to minimize risk exposure. Evaluate and identify the organization's insurance needs across various areas, such as property, liability, etc. Coordinate with insurance brokers, underwriters, and carriers to obtain suitable coverage and assist in negotiation of competitive insurance premiums. Manage the administration of insurance policies, including policy renewals. Review policy terms, conditions, and exclusions to ensure they align with the organization's needs and risk appetite. Maintain accurate and up-to-date insurance records and documentation.

Requirements