Koch Membrane Systems (KMS) was founded in the early 1960`s by chemical engineering professors from the Massachusetts Institute of Technology to commercialize technology developed in their laboratories. Since its inception, KMS has focused on the enormous worldwide need for purified water in a broad variety of applications. As a result, the company has grown into a world leader in the development, manufacture and sale of membrane-based water purification equipment. In order to meet the needs of this flourishing market, which is currently growing at a rate of 15 to 25 percent per year, KMS has focused intensely on research and development and has achieved major technological breakthroughs in recent years. In fact, we have recently been named the Water Technology Company of the Year for 2010 by the International Desalination Association, the leading global organization dedicated to desalination of salt water. This award was given to KMS for its significant technological contributions to improving the performance of its water purification products. The worldwide market for superior water treatment products is enormous and offers the potential for a company with such products to grow to an extraordinary size.

KMS is headquartered in the town of Wilmington, Massachusetts, which is a suburb north of Boston. We employ approximately 500 people worldwide. The Company has two manufacturing locations - one at its headquarters in Wilmington and the other in Europe in the northern German town of Aachen. KMS has worldwide sales and a strong base of loyal customers. Our products are used in the purification of drinking water, removal of salt from brackish water and sea water, and in a diverse range of industrial filtration applications. They are more fully described on our website (www.kochmembrane.com).

Because of our current and projected rapid growth, we are investing heavily in R&D, have upgraded and enlarged our manufacturing facilities, and are significantly expanding our sales organization. We are now seeking additional outstanding professionals in all aspects of our business in order to augment our world-class capabilities so we can handle our enormous growth.
 

• Maintain the list of AFEs (Construction in Progress), including project manager, original budget, spending to date, estimated completion date
• Work with the project managers on a monthly basis to update the AFE list
• Capitalize assets on a timely basis. Strictly follow the rules calling for capital projects to be closed and capitalized if three months elapse with no spending. Report non-responsiveness of the project managers to the Global Controller and Global Accounting Manager. On a monthly basis ensure AFEs are closed by Day -5 in the closing process.
• Maintain the AFE form on SharePoint. Assist project managers with the completion of the form as necessary.
• Create monthly reports for AFE spending per KCTG and KMS management reporting requirements.
• Maintain the FAS system. Keep the system up to date with all new assets and asset disposals as well as changes to asset lives by category.
• Manage all asset forms on SharePoint.
• Send the asset list, by department, to department managers twice annually for updating disposed or obsolete assets.
• Generate the monthly depreciation journal entry on Day -4 of the closing process.
• Ensure the balances in FAS match balances in the General Ledger for gross assets and depreciation by asset category.
• Coordinate full Physical Asset Inventory as per Audit guidelines.

• Manage the IMIS coding such that IMIS charges are pointed to the correct departments. Request changes from the IMIS team as people change departments or leave the company. Work closely with HR on all people changes.
• Reclassify IMIS charges between departments or to AFEs as required.
• Work with other KII and KCTG entities to ensure inter-company balances match. Cooperate to resolve discrepancies.
• Review all inter-company invoices with Global Controller prior to payment. Load IMIS reports/ detail to the Sharepoint site and send an email to Managers requesting review and approval.

• Process time and attendance for Wilmington employees on a daily basis.
• Analyze time and attendance to identify irregularities and ensure accuracy. Work with supervisors to resolve problems.
• Transmit required data to Atlanta for each payroll cycle.
• Run end of month reports and close payroll for each period.
• Retain and maintain records in compliance with RIM Policy.
• All duties will be performed in full compliance with the company`s internal financial control
• Payroll will be submitted accurately and on time in accordance with scheduled deadlines.
• Continually seek opportunities to improve existing processes.

Responsibility: Compliance

• Ensure compliance with all KII corporate standards

• Monitor cash transactions twice daily; applying all incoming and outgoing cash.
• Interact with A/R personnel as required to resolve questionable transactions.
• Ensure the cash accounts balance to the G/L at month end.
• Retain and maintain records in compliance with RIM Policy.
• All duties will be performed in full compliance with the company`s internal financial control standards.
• Cash will be processed in a timely and accurate manner.
• Continually seek opportunities to improve existing processes.

• Account reconciliations as assigned
• Enter recurring journals (prepaids)
• AP contact for when wire transfers have been posted to the accounts (needs to notify KBS AP, so they can complete the transaction in the system)
• Other duties as assigned

We are an equal opportunity employer. M/F/D/V
Except where prohibited by state law, all offers of employment are conditioned upon successfully passing a drug test.