Controller

Controller Job Description – Busek

Company Overview:
Busek Co. Inc. is a leading innovator in space propulsion technologies, specializing in electric propulsion systems, chemical thrusters, and advanced aerospace solutions. Headquartered in Natick, MA, Busek supports government and commercial space missions with cutting-edge engineering and manufacturing expertise.

Position Overview:

Busek is seeking a highly skilled Controller to oversee all aspects of financial management, including budgeting, financial reporting, accounting, and compliance. This role is crucial in ensuring financial accuracy, regulatory compliance, and strategic financial planning to support Busek’s growth in the aerospace sector. The Controller will also play a key role in the implementation of an ERP system and the financial aspects of government contracts.

Key Responsibilities:

Budgeting & Financial Leadership:

• Lead the annual budgeting and financial planning process by gathering, analyzing, and consolidating data.
• Monitor financial performance, analyze variances, and implement corrective actions to achieve financial objectives.
• Provide strategic financial insights to support executive decision-making and long-term planning.

Financial Reporting & Analysis:

• Develop and maintain financial models and key performance indicators (KPIs) to assess company performance.
• Prepare detailed financial analyses for proposals, contract negotiations, and pricing strategies.
• Generate financial reports, forecasts, and presentations for senior leadership and external stakeholders.

Accounting & Financial Operations:

• Oversee all accounting functions, including Accounts Receivable (AR), Accounts Payable (AP), and General Ledger (GL).
• Manage month-end and year-end closing processes, ensuring timely and accurate financial reporting.
• Direct revenue recognition activities and ensure proper financial controls are in place.

Regulatory Compliance & Audits:

• Ensure compliance with government contracting regulations, including the Federal Acquisition Regulation (FAR) and Defense Contract Audit Agency (DCAA) requirements.
• Prepare for and coordinate government agency audits, ensuring transparency and accuracy in financial reporting.
• Develop and maintain company accounting policies and procedures in alignment with Generally Accepted Accounting Principles (GAAP) and regulatory requirements.

ERP Implementation & System Integration:

• Lead the financial implementation of an ERP system, ensuring seamless integration with existing processes.
• Establish accounting policies and controls for transaction processing, including AP, AR, GL, and revenue recognition.
• Drive continuous improvements in financial systems and reporting capabilities.

Qualifications & Experience:

• Bachelor’s degree in Accounting, Finance, or related field (CPA or MBA preferred).
• Minimum of 7-10 years of financial management and accounting experience, preferably in aerospace, defense, or government contracting industries.
• Strong knowledge of FAR, DCAA, and GAAP regulations.
• Experience in ERP implementation and financial reporting systems.
• Proven ability to lead financial planning, budgeting, and compliance efforts in a complex, regulated environment.
• Excellent leadership, analytical, and communication skills.

Why Join Busek?

• Opportunity to contribute to groundbreaking space propulsion technologies.
• Collaborative and innovative work environment.
• Competitive compensation, benefits, and career development opportunities.

If you are a finance professional with expertise in government contracting, compliance, and ERP implementation, and are looking to make an impact in the aerospace industry, we encourage you to apply!