Controller, Finance & Banking, Financial Reporting

We’re Watts. Together, we’re reimagining the future of water.

We feel proud every day about what we do. We’re all part of the same crucial mission, no matter what function we support – it’s to provide safe, clean water for the world, and to protect our planet’s most valuable resource.

For 150 years, Watts has built best-in-class products that are trusted by customers in residential and commercial settings across the world. We are at the forefront of innovation, working with cutting-edge technology to provide smart and connected, sustainable water solutions for the future. Watts is a leading brand with a quality reputation — and we have a dynamic future ahead.

Reporting to the Manufacturing Operations Finance Director, the Controller is responsible for financial oversight and management of Watts’ manufacturing facility located in Franklin, NH. This individual will manage the accounting, planning & analysis, budgeting, cost records, and internal control requirements of the site. This role will support the Plant Manager and drive business/manufacturing results by partnering with the Site Management team.

This role relies heavily on analytical abilities and experience to sort through complex data and prepare meaningful information to assist management with decision making, accounting deliverables, and business performance metrics and reports. As a member of both the Site Manufacturing leadership team and the Regional Operations Finance team, the Controller will work cross functionally to identify areas of improvement in processes and operations.

This position is fully onsite, 5 days a week in Franklin, NH and has 3-4 direct reports.

• Manage plant accounting/cost accounting, financial planning & analysis, and financial reporting responsibilities.

• Work closely as the financial business partner to the Plant Manager to identify and measure ways for improving the profitability of the business.

• Collaborate with business and human resources teams to drive workforce planning initiatives at the site.

• Monitor, analyze, investigate, and report variances to standard, budget, and prior periods, as well as recommend corrective/ improvement actions.

• Manage the development of annual operating plan and multi-year strategic plans.

• Develop and maintain accurate standard costs.

• Perform product costing and profitability analysis, including make/buy assessments.

• Perform month-end financial close including journal entries, account reconciliations, payroll, etc.

• Perform month-end reporting and analysis activities, including preparing MOR presentations and departmental operating reviews

• Prepare weekly financial performance projections as well as quarterly forecast updates.

• Compile, maintain, and review operation metrics (KPI’s) for Site Management.

• Analyze capital investment requests and ensure appropriate returns on investment while managing risks.

• Coordinate inventory cycle count program, audit results, and ensure overall program compliance

• Ensure maintenance of accurate and complete financial records in compliance with Sarbanes-Oxley requirements, GAAP, and Watts Accounting Policies and Procedures.

• Ensure a strong system of internal controls exists and is properly monitored.

• Provide financial measurement support for site projects (i.e. VAVE, Productivity, Cost Reduction, etc.)

• Provide leadership and career development for direct and indirect reports. Effectively manage all leadership requirements for Watts’ performance management processes.

• BS/BA in Accounting or Finance. CPA or MBA preferred.

• 10+ years’ experience in a leadership role in finance or accounting at a manufacturing company.

• Thorough knowledge of financial performance drivers, accounting principles, procedures and systems with a solid understanding of accounting and internal controls.

• Demonstrated ability to research, retrieve, organize, and summarize data to prepare reports, financial journal entries, and financial analysis and communicating financial information to various levels of management.

• Exceptional strategic thinking and analytical skills, with a demonstrated ability to translate…