Controller
Location: Sioux Falls, South Dakota
Description: JV POET- DSM Advanced Biofuels is at present recruited Controller right now, this occupation will be ordered in South Dakota. For complete informations about this occupation opportunity kindly read the description below. On 23 Jan 2012 POET and DSM have formed a 50/50 Joint Venture (JV) to commercialize and license cellulosic bio-ethanol: POET-DSM Advanced Biofuels LLC. The JV is constructing a 20-2! 5MGY commercial demonstration plant (Project Liberty) and setting up a licensing organization to license out an integrated technology package.
The strategic objectives of the joint venture are:
- Commercial demonstration of the production of cellulosic ethanol from corn crop residues on 20 - 25 million gallon scale (Project Liberty), using POET̢۪s process technology and DSM̢۪s yeast and enzyme technology (including on-site manufacturing).
- Replicate and license the technology to additional plants to be built at the other 26 corn ethanol facilities in POET̢۪s network and license it to other producers in the United States and the rest of the world. The construction of Liberty, capital expenditure of $250 million, recently started and production is scheduled to start-up end of 2013.
Controller
SUMMARY: Plans, organizes, directs, and controls the! consolidated accounting and financial reporting function of t! he Joint Venture between POET and DSM. Participates in the JV long term strategic business planning and perform regular financial analysis on business performance. On behalf of the JV, will be liaising with external professional parties such as bankers, vendors, auditor and lawyers. The position is also responsible for driving financial best practices and optimizing financial opportunities regarding revenue enhancement and expense management throughout the JV. Will prepare regular reports and presentation on business performance and update to the JV directors.
1. Provides reports and interprets the results of operations to the JV directors.
a. This includes the formulation of accounting policies, the preparation of consolidated and consolidating financial statements and business segment operating data, the coordination of systems and procedures, and special reports as required.
2. Develops budgets and financial operating reports, such as annual plans, quart! erly forecasts, periodic reviews and updates.
3. Compares performance with operating plans and standards.
4. Forecasts short-range and long-range cash requirements and obligations, as a basis for maintaining adequate funds. Maintains cash flow model and advices on funding needs.
5. Prepares financial materials for JV directors and other stakeholders, providing effective access to information for appropriate staff and business partners, and taking the lead in financial best practices. This includes the coordination and management of accounting functions with internal or external financial analysts in order to produce basic financial reports like balance sheets as well as financial modeling to forecast future earnings.
6. Assures protection for the assets of the business through internal controls, and ensuring proper insurance coverage.
7. Monitors credit and collection applications.
8. Establish and lead the budget process in support of the JV busines! s plan.
9. Keeps the JV Directors informed of the entity's performa! nce and provides advice on all financial matters.
10. Executes cash disbursements for payment of JV expenditures in accordance with disbursement and policies.
11. Responsible for the accurate, timely and complete filing of financial reports with regulatory agencies.
12. Responsible for the development and implementation of short and long-term strategic planning and keeping the JV Directors appraised of all significant financial developments.
13. Responsible for building and maintaining business case(s) and various economic analysis in support of the licensing business.
14. Monitors the service level agreement(s) between the JV and members.
15. Monitors performance of direct reports. Provides prompt and objective coaching and counseling.
16. Ensures that the JV's management principles, policies, and programs are consistently practiced.
17. Consults with all segments of JV management entities responsible for policy or action.
18. Acts withi! n scope of authority and consistent with JV objectives, guidelines, policies, and practices.
19. Recommends and implements techniques to improve productivity, increase efficiencies, cut costs, take advantage of opportunities, and maintain state-of-the-art practices.
20. Keeps abreast of current trends and practices in field of expertise.
21. Be depended on to report to work at the scheduled time and is seldom absent from work. Employee can be depended upon to complete work in a timely, accurate, and thorough manner and is conscientious, about assignments.
22. Ability to manage others including the responsibility of recruitment and performance management for all reporting employees. This may include: interviewing & hiring, performance reviews, goal-setting, disciplinary action, career development.
23. Other duties as assigned.
REQUIREMENTS:
To perform the essential functions of this position successfully, an individual should demonstra! te the following competencies:
- Bachelors and/or Master̢۪s! Degree in Business Administration with an emphasis in accounting.
- CPA or CMA certification required
- 7+ years̢۪ experience in the accounting and finance sector.
- Strong experience in both the private and public accounting sectors is preferred but not required
- Strong GAAP, IFRS and financial reporting technical skills
- Experience in the preparation of consolidated financial statements
- Able to analyze, organize, summarize and articulate complex legal and financial information
- Proficient in reading and interpreting agreements, then implement the relevant provisions of these agreements
- Working knowledge of automated accounting systems, well-d! eveloped financial analysis capabilities, and demonstrated ability to manage information systems and applications is a requirement.
- Proven ability to recruit, train, and motivate personnel in order to balance staffing strength with profitability and organizational growth.
- Exceptional computer skills in the operation and functioning of all programs used by the organization, i.e., Microsoft Word, Excel, Outlook, PowerPoint and the willingness to learn new software applications.
- Excellent organizational skills, communications skills, the ability to multi-task, and most importantly, the ability to work well in a team.
This position is largely self-directed and requires understanding of company policy, procedures, and values. Employees will ! be required to adhere to all safety requirements in all work environmen! ts. This position operates in an office environment. In the office, the employee will work on a personal computer.
Specific physical requirements include:
a. Sitting approximately 90% of the time while working on a personal computer.
b. Occasionally lifting weights of fifty (50) pounds or less.
Ability and willingness to travel in US and internationally when required.
WHY WORK FOR POET?
We believe POET stands alone as the most seasoned, accomplished and efficient force in biorefining. People like you made that happen.
With the right mix of creativity, hard work and team play, we can make great things happen for a lot of people. For you, there are many rewards:
Personal fulfillment -- sharpening your own expertise among the brightest, most seasoned in the industry The energy that comes with developing an exploding new industry Collaborating with colleagues who know how to get the job done right Work that makes a real! difference for thousands of people in communities across the country Work that has significant global impact in both environmental and economic terms A chance to make your mark on more than an industry, but a movement
This kind of responsibility may not be for everyone. If you're ready to take it on, we want to hear from you. This much we can guarantee: At POET, every day brings something new. We hope one of them brings us you.
ABOUT POET
At POET, we believe in creativity from common sense. For more than two decades, we have had a relentless focus on developing technologies that make ethanol production more efficient. We strive to produce ethanol and other biorefined products with the smallest possible environmental footprint.
Today, we have a network of 27 plants in seven states with a capacity of more than 1.6 billion gallons of ethanol, 9 billion pounds of high protein animal feed and thousands of pounds of bio-based oils and lubricants. POET p! rovides turnkey development, design, engineering, construction, managem! ent and marketing services for our plant network.
POET Engineers and scientists have developed technology and processes through rigorous testing at POET̢۪s laboratories and pilot-scale ethanol plant. We have an integrated business model that combines technology development with expertise in construction, operations, risk management and marketing.
As a purpose-driven company, we remain true to our mission to reduce the reliance of the United States on foreign energy, to revitalize global agriculture and to provide a cleaner, affordable alternative to fossil fuels.
SIOUX FALLS, SD - A GREAT PLACE TO LIVE!
The community-wide efforts in Sioux Falls to maintain one of the healthiest environments in the nation in which to live, work and raise a family are making headlines.
Sioux Falls is No. 1 â€" again! Forbes magazine picked the city as its Best Small City for Business and Careers for eight years running (April 2010). Forbes ranked areas! on 12 metrics, including: costs (business and living), job growth (past and projected), income growth, educational attainment and projected economic growth. Quality-of-life issues like crime, cultural and recreational opportunities as well as net migration patterns were also factored in.
Median Home Price: 4th Qtr 2009 - $137,000
Residential Housing Costs on sold listings
Source: Sioux Falls Board of Realtors
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If you were eligible to this occupation, please give us your resume, with salary requirements and a resume to JV POET- DSM Advanced Biofuels.
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This occupation will be opened on: Wed, 13 Mar 2013 22:05:19 GMT