This role requires an experienced hands-on financial leader with a minimum of 10 years’ experience in a Manufacturing environment that can produce results individually as well as develop, mentor, and manage teams to implement results in-line with corporate strategic goals and initiatives. The Controller will act as a strategic Finance partner with operations, by providing financial guidance to meet budget and additional targets set by Corporate. The individual should be self-motivated, goal-oriented, innovative problem solver adept at performing financial planning and analysis, cost accounting, expense controls, and big picture strategic planning.
This position entails the oversight of the monthly closing process, financial leadership of business decisions, maintaining current costing system and general process design for efficiently running the business. The person will be able to analyze a manufacturing environment determine root cause of variances and convey meaningful accounting data and factory metrics. This person will also lead the annual budget, monthly forecast processes and Capex planning for the site. As part of the management team, this position is directly responsible for production and associated profits of a manufacturing. The candidate will need to produce results with limited resources while maintaining a team-building environment.
SUPERVISORY RESPONSIBILITIES:
- Oversees a team of two cost accountants and one financial analyst
- Strategic Finance partner with Operations, responsible for all FP&A, including forecasting, budgeting, and monthly reporting and analysis
- Duties include budget construction, validation, forecasting, reviewing potential risks, and presenting monthly operational results to operation Senior Management, including variances from budget and forecasting as business conditions fluctuate
- Prepare monthly operations PPT presentation with full detailed analysis of monthly financial results, including detailed explanations of performance, variances, and key performance indicators
- Responsible to coordinate with Finance/Accounting teams to oversee the day-to-day financial operations, which includes GL, A/P, A/R, Opex, purchasing, physical inventory, costing analysis, and overall financial operations; coordinate and supervise monthly closing
- Responsible for investment management (Capex & ROI), inventory management, materials (cost control, consumption and variance analysis), asset management, and full analysis of P&L
- Reconcile Capex actual vs. budget, as well as Cash Management, full reporting of cash-out and forecasts in order to manage cash flow
- Communicate with cross functional managers their perspective budgets, and perform monthly review of actual vs. budget variances, and identifying potential risks to minimize financial impact
- Provide technical accounting guidance, analysis on strategic financial initiatives, and work with Senior Management to establish reporting metrics for more detailed reporting requirements
- Responsible for coordination of both internal and external audits both semi-annually and annual, to ensure supportive documentation is provided as well as achieving successful audit findings
- Duties include analyzing and examining purchases, inventory on hand, cost of goods sold, labor and processes to ensure in-line with company targets and cost control measures
- Act as a Finance team leader with Continuous Improvement team, which consists of several experienced disciplines (e.g. Accounting, Engineering, and Operations) to evaluate, analyze, and suggest both process and performance improvements
Duties/Responsibilities:
Required Skills
Required Skills/Abilities:
- Knowledge of US GAAP and how to prepare all financial statements in accordance
- Provide accounting and costing direction to for management of the ERP system
- Ability to analyze business cases; calculate IRRs; and scenario analysis
- Ability to report & analyze variances in a standard cost environment. Use this information to design/recommend process changes to management team
- Ability to disseminate financial data in an easy to understand format for non-finance audiences
- Working knowledge of short and long term budgeting and forecasting and product-line profitability analysis
- Knowledge of finance, accounting, budgeting, and cost control principles. Ability to analyze financial data and prepare financial reports, statements, and projections.
Education and Experience:
- Bachelor’s degree in Accounting or Finance required.
- MBA/CPA designation preferred
- Ten years or more of related experience required.
- Manufacturing background with standard costing background
- Excellent communication and presentation skills
- Knowledge of ERP systems is required
- Ability to manage a team
Physical Requirements:
- Prolonged periods sitting at a desk and working on a computer.
- Must be able to lift up to 15 pounds at times.
- Able to travel as needed.
MUST BE ELIGIBLE TO WORK IN THE U.S.
IDEMIA is an equal opportunity employer.
We evaluate qualified applicants without regard to race, color, religion, sex,
sexual orientation, gender identity, national origin, disability, veteran status, and other protected characteristics
Required Experience