Controller

Scope of Position

The Controller position entails reporting directly to the Regional Controller and overseeing financial operations. Key responsibilities include managing the monthly closing process, analyzing financial statements, forecasting, and budgeting. The role also involves evaluating manufacturing results against objectives, identifying cost-saving opportunities, and tracking progress on initiatives. Collaboration with senior business professionals to provide data-driven analysis and support is essential.

Responsibilities

• Responsible for the monthly closing process, analytical review of plant financial statements as well as forecasting and budgeting at the plant level
• Review and analyze data to identify actual plant manufacturing results versus established objectives
• Provide support to develop and track additional cost savings opportunities and monitor the progress of current initiatives
• Collaborate with senior-level business unit professionals to provide insightful, data-driven analysis and support
• Other responsibilities as needed

This role is segmented into 3 main themes Insight, Control, and Planning & Reporting.

Insight

• Identify key performance metrics that impact conversion costs and work with operations on reduction opportunities
• Analyze conversion costs and productivity of the plant to drive operational improvement in focused areas; fully support A3 process and initiatives; drive A3 reporting requirements within the plant
• Provide financial leadership for capital management, including working with the manufacturing organization to prepare financial analysis related to cost savings & maintenance projects (AFEs)
• Drive team to utilize forecast data to drive actions in the plant with flexibility in spending, manning, and overall structure
• Key participant in other plant lead team support initiatives and other plant functions such as safety, quality, etc.
• Evaluate and analyze plant profitability at a SKU or mold level
• Educate and train staff on plant financials, spend tracking, and operational levers.
• Assist Plant Managers when vacancies exist in other areas

Control

• External/Internal audit support
• Monitoring of standard costs for accuracy
• Assist in the management of the physical inventory audit process
• Implement and ensure compliance with internal financial & operational controls and procedures and SOX-related requirements (Building Blocks)
• Inventory control focused on eliminating monthly physical count variances, reduction of slow-moving/obsolete write-offs; managing inventory on a FIFO basis; coordinating a successful annual tagged physical inventory
• Control and maintenance of fixed asset inventory to include annual fixed asset audit

Planning & Reporting

• Responsible for the financial closing process for assigned plant manufacturing locations
• Scorekeeper of Daily Trackers for labor and variable spending; ensure the team has the tools and training to track their spending daily to optimize performance
• Work with the Plant lead team to develop the annual plant operating budget and management presentation, monthly forecast updates, and full year forecasts
• Analysis of monthly operating variances with explanations to plant team and executive leadership
• Provide day-to-day financial and operational support
• Perform manufacturing variance analysis
• Responsible for developing plant standard costing
• Review and approve product standard cost's reasonableness and correlation to plant operations
• Assist management with financial analysis or special projects

Qualifications

• BS/BA Required preferably in Accounting or Business
• 8+ yearsof Accounting/Finance Experience, preferably in a manufacturing industry.
• Must be highly proficient with Microsoft Applications
• Experience with SAP, Business Information Warehouse, and HFM desirable.
• Excellent analytical, data-manipulation, problem-solving, and communication skills
• Excellent communication skills, both verbal and written
• Strong problem-solving skills with the ability to seek resources as needed