Posted 6 years ago
Manufacturing/Plant Controller
- The Manufacturing/Plant Controller is responsible for managing financial performance including analysis of forecasts and actual performance, business drivers, and operational metrics.
- This role will develop forward-looking insights to drive management decision, actions and improve operational and financial results.
- The Plant Controller provides proactive leadership around issues and opportunities.
- This position is responsible for building organizational capability within the finance function
- Leads and directs all financial and planning activities at the plant level to allow for the effective management of the business unit, and assists the GM – Planning & Cost Control by providing accurate and timely financial and planning information.
Essential Duties & Responsibilities
- Manages, implements, and ensures compliance with all accounting and financial policies, practices, procedures, and initiatives.
- Prepares and/or oversees the preparation of all accounting ledgers, departmental reports, Profit & Loss statements, and “Plan to Actual” reports for the Plant on a timely basis
- Monitors the classification of all expenditures to ensure that all capital, inventory, and manufacturing cost records are accurate
- Leads and manages all financial planning activities at the Plant level
- Conducts special accounting and cost studies of the financial records of the plant, and provides analyses and comments to assist in the interpretation of operating results
- Performs specific cost planning activities focused on cost reductions and profit improvements
- Verifies that all personnel requisitions are within the approved budget
- Assists the Corporate Planning & Cost Control group, as needed
- Prepares and/or provides other financial reporting and analyses, as needed
- You will develop and coordinate profit plans, monthly forecasts, goals & objectives, financial reconciliations, reports and analysis for plant management, including variance analysis and cost control reporting and recommendation
- You will manage, analyze and interpret plant financial forecasts and operating results. Inform management of results and recommend corrective actions to address unfavorable variances
- You will review, analyze and evaluate financial data and information for accuracy, consistency and transparency. Maintain integrity of financial reports prepared by the plant
- You will interpret, implement and monitor corporate policies and procedures, ensure financials are reported in compliance with generally accepted accounting principles and local statutory requirement
- You will develop and implement budgeting and financial reporting systems to provide timely and relevant information to plant, region/division and corporate management and cost control.
- Control and maintain adequate product costing systems for valuation and cost estimating activities.
- You will be the owner of account reconciliation process to maintain integrity of plant general ledger and its supporting sub-systems. Access adequacy of reserves and overall financial reporting.
- Provide leadership and support for the balance sheet review process
- You will establish, monitor and maintain a system of internal controls that safeguards company asset and provides for integrity and propriety of financial transactions and activities.
- You will evaluate and approve plant capital appropriation requests prior to region/division and corporate management approval. Monitor and report purchase commitments and spending for all capital programs.
- Conduct follow-up audits to ensure compliance for all significant capital investments.
- Establish a work environment that encourages individual career development and growth in order to provide adequate and qualified financial professionals opportunity for advancement
- You will manage the deployment of cost saving and other programs to provide operating economies and improve profitability.
- Monitors and provides opportunities to support continuously improving plant productivity/gross utilization. Support other operations initiatives via management of environmental, safety, security & health (MESH), Eaton Lean/Six Sigma (ELSS) and other continuous improvement efforts
- You will provide leadership to ensure adequate cost accounting processes are in place, including standard cost updates, physical inventory verification, periodic cycle counts etc.
- You will lead ad hoc projects as required including appropriate ERP implementations, business development initiatives such as new business opportunities and union contract strategy analysis
Position Criteria:
- Sound working knowledge of GAAP, Sarbanes Oxley and local statutory requirements
- Knowledge & understanding of Corp, region/division and plant reporting policies
- Technical capability to prepare, analyze and interpret financial and operational data/reports
- Superior analytical and thinking skills; intellectual rigor and curiosity; problem-solving capability
- Strong communication skills for interaction with all levels of the organization
Qualifications
- Bachelor’s degree from an accredited institution in Finance or Accounting
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Minimum five (5) years of accounting and/or finance experience
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Must be legally authorized to work in the United States without company sponsorship
Preferred Qualifications:
- Master’s degree preferred
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CPA/CMA preferred or equivalent local professional qualifications
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Experience in a manufacturing environment
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Experience as a manager of people
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Experience with SAP and advanced in Microsoft programs
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Experience working with Cost Accounting Standards and Federal Acquisition Regulations
Job Features
Job Type | FullTime / Regular |
Minumum Salary | 85000 USD |
Maximum Salary | 110000 USD |
Date Posted | 11-16-2018 |