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Job Description
Summary: PennAero is hiring a Controller at our TAG company in Buhl, Germany. TAG develops integrated rod systems and rubber-metal isolation technologies that support structural stability, dynamic control, and long-term durability in modern aircraft. About PennAero: PennAero is a leading manufacturer of highly engineered fasteners and specialized components for critical aerospace, defense, space, and advanced energy applications. We partner with customers to solve their most complex challenges, bringing technical depth and disciplined, agile execution when it matters most. Experience guides our growth—strengthening capabilities and expanding our global platform as markets evolve. To learn more about PennAero's capabilities and commitment to aerospace excellence, visit https://pennaero.com Job Description: This role requires a hands-on Controller who owns the close, forecasting, and core accounting processes and is willing to execute AP, AR, and GL activities directly when needed. Accounting Operations Close Execution Own the day-to-day accounting function, including general ledger, accounts payable, accounts receivable, payroll, and fixed assets Personally ensure timely and accurate monthly, quarterly, and annual closes, including journal entries, reconciliations, and accruals Review and prepare balance sheet reconciliations and resolve discrepancies proactively Produce financial statements with clear explanations of material fluctuations and issues Hands‑On AP, AR Transaction Processing Provide coverage during peak periods, close cycles, or resource gaps Directly record, review, and post AP and AR transactions as needed, including invoices, cash receipts, credit memos, and adjustments Ensure proper invoice coding, approvals, and cutoff procedures Maintain accuracy and discipline in transactional accounting while preserving internal controls Budgeting, Forecasting Financial Tracking Build and maintain a monthly rolling forecast of the full P L, updated based on actual results and current operating trends Prepare monthly Net Working Capital forecasts, actively tracking AR, AP, inventory, and accrued liabilities Develop monthly Free Cash Flow forecasts, tying together earnings, working capital movement, and capital expenditures Perform variance analysis versus budget and prior forecast and clearly communicate drivers to management Cash Flow Working Capital Oversight Track weekly and monthly cash activity and working capital trends Monitor collections, payment timing, and accrual accuracy to support liquidity visibility Flag potential cash constraints, timing issues, or working capital risks early Internal Controls Compliance Maintain practical internal controls appropriate for a lean organization Ensure compliance with both US and German GAAP, tax requirements, and company accounting policies Prepare audit schedules and directly support external auditors and tax advisors Maintain clean documentation for key accounting policies and procedures Finance Team Development Organization Planning Develop and mentor finance and accounting staff through hands-on coaching and clear expectations Identify skill gaps and build bench strength to support business continuity and succession planning Design effective team structure, roles, and responsibilities aligned with business needs Promote cross-training to increase coverage, flexibility, and operational resilience Drive ongoing talent development through feedback, performance management, and process ownership Process Improvement Systems Identify and fix breakdowns in accounting, close, and forecasting processes Simplify workflows to improve speed and accuracy without over‑engineering Support accounting system improvements, cleanup, or optimizations as needed Cross‑Functional Management Support Work closely with operations, sales, and leadership to gather inputs for forecasting and accruals Provide straightforward financial analysis that supports real-world decision making Serve as a reliable accounting and financial resource for day‑to‑day business questions This role is required to be on-site 5 days a week at the Buhl, Germany location.