Plant Controller

IMI plc

IMI plc is a sector focused organisation at the forefront of delivering motion and fluid control technologies that create a more sustainable world, improving the quality of life for our customers and communities and ultimately delivering our purpose of Breakthrough Engineering for a Better World.

Automation platform leverages deep automation technology and applications expertise to improve productivity, safety and sustainability for our customers, Industrial Automation operates across many important industry sectors and is a world leader in supporting customers with motion and fluid control technology.

Our one big team work fairly and effectively but most importantly together to ensure we maintain the foundations that have enabled IMI’s success through over 150 years of heritage.

Role Overview

The **Plant Controller **is a crucial financial leader and strategic business partner at our manufacturing facility, responsible for all financial matters within the plant. This role entails comprehensive financial management, including the maintenance of a strong financial control environment, ensuring the accuracy of financial and management reporting, and providing strategic financial guidance to the plant's management team. Integral to the role is the development and execution of strategic financial plans, forecasting, budgeting, driving cost efficiency and productivity, and implementing process improvements. In our challenging business environment, the Plant Controller plays a key role in driving successful financial performance, operational excellence, and overseeing all aspects of financial management at the plant level.

Work Location: University Park, Illinois

Key Responsibilities

• Lead all aspects of financial control and management at the plant, including cost accounting, general ledger, inventory control, accounts payable, and capital spending.
• Collaborate with plant management to develop and execute strategic financial plans, including forecasting, budgeting, and long-term financial planning.
• Prepare and present monthly, quarterly, and annual financial reports, ensuring accuracy and compliance with company and regulatory standards.
• Identify and drive opportunities to improve financial processes, implement new procedures, and enhance cost efficiency and productivity.
• Ensure compliance with all internal controls and external regulations.
• Monitor and manage financial risk, including credit, liquidity, and operational risk.
• Work closely with other departments such as Supply Chain, HR, and Operations to ensure integrated business planning.
• Oversee the process of product costing, ensuring accurate product cost estimates and identifying opportunities for cost reduction.
• Provide financial training to plant personnel to improve financial literacy and understanding of budgetary impacts.
• Coach, mentor, and develop the plant finance team to foster a culture of continuous learning, accountability, and excellence.

Critical Competencies for Success

• An MBA or a professional certification such as CMA, CPA, or CFA is preferred.
• A minimum of 8-10 years of experience in financial management is required.
• At least 5 years of experience in a manufacturing setting.
• Demonstrated experience in strategic financial planning, budgeting, and cost management.
• Demonstrated experience in managing and leading through change, including the ability to assess organizational needs and implement effective new procedures swiftly in challenging business environments.
• Exceptional communication and relationship-building skills with a proven track record of effectively managing relationships with diverse stakeholders, including employees, suppliers, customers, and company executives.
• Strong proficiency in financial software systems, MS Excel, and other relevant IT tools.
• Deep understanding of regulatory compliance related to financial and accounting practices.
• Proven leadership skills with experience in team development and mentorship.
• High ethical standards and strong problem-solving skills.
• Proactive approach, ability to work under pressure, meet deadlines, and handle multiple tasks simultaneously.
• This position offers a hybrid schedule.

What IMI can offer you:

At IMI, one of our top priorities is to create an inclusive culture of health. We strive to remove barriers to care (whether that be physical or financial) and in doing so, we offer choice for all your health and wellbeing needs.

See below for a general overview of our amazing perks and benefits:

• Multiple health plans to choose from: HMO, PPO, and High Deductible Health Plans with a low-cost share
• Full suite of voluntary benefits to tap into, including but not limited to: Pet insurance, critical illness insurance, concierge services, legal insurance, commuter benefits (if applicable), and home & auto insurance.
• Employer contribution for Health Savings Account, and in many cases free virtual telemedicine, and teletherapy.
• Best-in-class 401K plan with **zero vesting *and up to* 6% contribution matching**.
• Mental Health and wellness programs to support you and your family.
• Short & long-term disability as well as basic life insurance at 2x your basic salary at no cost to the employee.
• Free financial advisors, webinars, and classes through Charles Schwab.
• Annual Employee Stock Purchase Plan with option to purchase IMI shares at a reduced employee only price - no opportunity to lose, only to profit or refund your investment 100%

**Benefits plans change year over year, but we have guiding principles in place to ensure our employees have the tools and resources available to stay connected and up to date**

Health & Safety:

The physical demands described within the Key Duties & Responsibilities section of this job description are required to perform the essential functions of this position. Reasonable accommodations may be made for individuals with disabilities. Please contact your local HR representative to discuss the specific Work Conditions and Physical Requirements of this role.

Health, Safety, and Environmental Duties – At IMI we are all personally committed to protecting our people, minimizing our impact to the environment, the communities we operate in and our company. All members of our workforce have the duty to ensure the health, safety and welfare of themselves, others, and the environment. Every employee is expected to follow all HSE operating procedures, also to challenge any observed behaviors or unsafe acts.

Code of Ethics:

IMI requires the highest standard of ethics in all business dealings, particularly with customers, suppliers, advisors, employees, and the authorities. In accordance with the IMI Way: Our Code of Responsible Business.

**Changes to This Job Description: **

IMI may amend this job description in whole or part at any time.

IMI is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, or veteran status.

You should be proficient in:

• Financial Audit Experience

Machines & technologies you'll use:

• Accounting Software (Quickbooks, SAP)