Plant Controller

Plant Controller

The Plant Controller works very closely with the Plant Manager and their management team on a variety of complex and important accounting and business management activities including, but not limited to, financial reporting and budgeting, KPI development and tracking, inventory cost accounting and reporting, standard cost development and maintenance, manufacturing variance analyses, fixed asset/tooling accounting, and various product/customer/project profitability analyses. Specifically excluded from the scope of this role is accounting and reporting of cash, accounts receivable and accounts payable, which are managed through a shared services organization.

• Prepares monthly plant financial package and participates in monthly financial review meeting.
• Responsible for the regular upkeep and accuracy of financial reporting and balance sheet account reconciliations.
• In partnership with plant leadership functions, develop and track against the annual budget and periodic forecast updates for their facility, products and customers.
• Responsible for the successful completion of the annual budgeting process resulting in the development of monthly financial statement forecasts (income statement, balance sheet, cash flow and KPIs).
• Responsible for the reconciliation of the inventory subledgers to the general ledger which includes overseeing processes for capture and daily posting of production and inventory transactions.
• Establishes and maintains the reserves for excess and obsolete inventory.
• Assists Operations in the development and implementation of annual physical and cycle count.
• Responsible for working with local operations team to define optimal inventory levels.
• Performs budgeting and cost analyses to develop, recommend and maintain standard material, labor and overhead rates for ERP product costing applications.
• Prepares frequent materials, labor and overhead expense reports and analyses for management consumption and action planning.
• Performs analysis and reporting of manufacturing variances.
• Responsible for capital expenditure programs including the setup of those projects, cost tracking against the authorized balance and closure/transfer of assets to the ledger.
• Assists Sales/Inventory/Operations Planning Manager (SIOP) with sales forecasting, margin analysis and inventory obsolescence review.

Requirements

• Bachelor's degree in Accounting or Finance.
• Five to seven years of previous financial analysis/cost accounting experience in manufacturing.
• Excellent written and verbal communication skills, with the ability to communicate professionally throughout all levels of the organization.
• Team player with demonstrated organizational, leadership and interpersonal skills.
• Ability to work independently and to influence others.
• Ability to manage multiple priorities and deadlines simultaneously.
• Self-starter with effective decision making and follow-through skills.
• Ability to work effectively with a diverse work group at all levels of the organization.