Job Description

Job Description

IMS Buhrke-Olson, an industry leader in precision metal stamping and assembly with manufacturing locations in the US and Mexico, is seeking a Controller for its Arlington Heights, IL and Mexico facilities. Seeking self-motivated individuals who are able to work on their own and with a team in a fast-paced manufacturing environment!

This is a full-time position with benefits including vacation, medical/dental/vision/life/disability insurance, 401k , Competitive wages and more!

Job Functions

• Direct and coordinate division financial planning and budget management functions
• Recommend benchmarks for measuring the financial and operating performance of each plant
• Monitor and analyze monthly operating results against budget
• Direct and coordinate debt financing and debt service payments with external agencies
• Oversee daily operations of the accounting departments in all 3 plants
• Coordinate the preparation of the annual tax return with outside CPA firm
• Oversee and ensure the accurate maintenance of the peso ledger, ensuring that all transactions are properly recorded and reconciled
• Address and resolve discrepancies in the peso ledger, ensuring consistency and accuracy of financial records
• Perform reviews and adjustments to ensure the ledger aligns with operational needs and financial reporting requirements
• Lead efforts to assess and assure all 3 plants have strong accounting teams, optimizing structure and processes to improve efficiency and productivity
• Work and interact with the financial team to prepare and consolidate financial statements for all 3 plants
• Perform balance sheet reconciliations, investigating discrepancies and ensuring accounts are properly balanced and explained for all 3 plants
• Implement a process to record transactions by department and compare costs incurred to budget and performance analysis of profit centers
• Review and recordation of journal entries required to reflect the monthly activities
• Review monthly accounting close process including analytical review of the monthly operating results to ensure accurate accounting records are maintained
• Preparation of monthly financial statements and related footnotes for US and Mexico plants, including consolidated corporate rollup report
• Preparation of the year-to-date cash flow
• Perform cash projections to effectively manage cash balances and maximize the return on any excess cash balances
• Coordinate the preparation of financial outlooks and financial forecasts
• Preparation of monthly reforecast incorporating historical results and future assumptions/Pro Forma monthly for each plant
• Oversee and back-up bi-weekly payroll
• Prepare financial analysis for contract negotiations and product investment decisions
• Supervise the accumulations of permitted reimbursements from customers through the accounts payable process and bill these reimbursements to the customer’s monthly
• Ensure compliance with local, state, and federal budgetary reporting requirements
• Establish and implement short- and long- range department goals, objectives, policies and operating procedures
• Design, establish, and maintain an organizational structure and staffing to effectively accomplish the department goals and objectives in both US and Mexico finance departments
• Serve as legislative liaison relative to division financial issues
• Review of expenses incurred on behalf of multiple entities such as software (ERP) costs, accounting services, equipment costs, etc.
• Maintenance of fixed asset records for coordinate quarterly inventory of fixed assets
• Serve as primary contact relative to annual review of property and benefit insurance programs
• Direct financial audits and provide recommendations for procedural improvements
• Support Director of Operations MX by providing financial analysis and recommendations to improve cost efficiency and operational performance
• Other tasks and responsibilities as assigned.

_ Competencies_ _ (The requirements listed below are representative of the knowledge, skill and/or ability required to perform the job successfully.)_

– Bachelor’s degree in Accounting or Business Administration required. Certified Public Accountant or Certified Management Accountant designation preferred.

– Ten years or more of related experience required. Experience in finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles (GAAP) in a manufacturing environment. Technical skills and experience in financial reporting and analysis, cash flow management, and general accounting processes. Knowledge of financial and accounting reporting systems. Knowledge of federal and state financial regulations. Demonstrated competency in short and long term budgeting and forecasting, and profitability analysis. Ability to predict results.

– Work requires professional written / verbal communication skills and strong interpersonal skills with experience communicating key data, including presentations to senior management and Board of Directors. Bilingual in Spanish and English (written and spoken) preferred.

– Have expertise in Excel and Microsoft office. Experience with budgetary software (Phrophix) and F/A (BNA Fixed Assets) software a plus, experience with Epicor MRP System and CONTPAQi Peso Ledger are highly desired.

– Must be able to travel to Monterrey, Mexico plant 2 to 4 times per year. Have ability to communicate with executive management frequently, providing accurate interpretations of financial data to identify and recommend ways to improve financial performance. Must work beyond the tactical responsibilities of the position and focus on strategy, operational analysis, and budget management to align financial reporting and procedures with company strategic objectives. Ability to lead and direct cross-functional teams to achieve results. Commitment to recruiting, mentoring, training and retraining a diverse team; the foresight and ability to delegate accordingly.

Company Description

IMS Buhrke-Olson is a premier source of custom stamping and assembly in North America and has three manufacturing locations in the U.S. and Mexico. Since 1937, the company has provided world class quality and manufacturing services to the automotive, appliance, electronics and industrial markets.

IMS Buhrke-Olson believes that the ideal precision metal stamping supplier is cost-competitive while offering a full range of engineering support services, from prototype to production. It also has the latest and most efficient equipment and processes, with manufacturing facilities in low-cost locations. We provide precision metal stampings and mechanical assemblies for various markets focusing on world-class quality, efficiency and customer service.

Company Description

IMS Buhrke-Olson is a premier source of custom stamping and assembly in North America and has three manufacturing locations in the U.S. and Mexico. Since 1937, the company has provided world class quality and manufacturing services to the automotive, appliance, electronics and industrial markets.\r\n\r\nIMS Buhrke-Olson believes that the ideal precision metal stamping supplier is cost-competitive while offering a full range of engineering support services, from prototype to production. It also has the latest and most efficient equipment and processes, with manufacturing facilities in low-cost locations. We provide precision metal stampings and mechanical assemblies for various markets focusing on world-class quality, efficiency and customer service.