Controller

1. Description of Essential Job Functions: 

1. Lead Strategy, Planning, and Management. 

1. Act as Finance Manager/Controller and strategic business partner to plant leadership team.  Serve as a key member of 4Front Finance team.  

2. Assess and evaluate financial performance of plant with regard to long term operational goals, budgets, and forecasts. 

3. Provide insight and recommendations to both short-term and long-term growth plan of the plant. 

4. Support ERP systems and software to provide critical financial and operational information.  Evaluate departments and make suggestions for automating processes and increasing working efficiency.  

5. Create and establish yearly plant financial objectives that align with the Company's plan for growth and expansion.  

6. Implement policies, procedures and processes as deemed appropriate by the Corporate Controller.  Maintain documented system of accounting policies and operations. 

2. Direct Financial Analysis, Budgeting, and Forecasting. 

1. Prepare annual plant budget, provide budget oversight, and facilitate ongoing budgetary reviews with Company leadership. 

2. Provide the financial planning and analysis function for the plant. Participate in creation of reports, software implementation, and tools for budgeting and forecasting.  

3. Ensure accuracy and timeliness of financial analyses for significant transactions and major capital expenditure proposals. 

4. Present a clear and concise review of current and projected operating results to Company leadership. 

5. Prepare monthly/quarterly/annual financial statements and analyses to include comparative expenses, balance sheet, and income statements.  Organize financial statements/results for records and review and provide recommendations. 

6. Prepare monthly, quarterly, and annual P&L reviews and forecasts to include plant monthly financial budgeting reports, monthly profit and loss, and variance reports. 

7. Prepare periodic sales variance reports and explain variations to plan and/or trends.

3. Oversee Accounting, General Ledger, Administration, and Operations. 

1. Manage all aspects of accounting and finance operations to include general ledger, month-end close, tax compliance, and revenue recognition, etc. 

2. Lead the accounting department to ensure the proper functioning of all systems, databases, and financial software.  Ensure regular maintenance and backup of all accounting systems. 

3. Manage/Participate in the month end close process, constantly reviewing procedures while eliminating inefficiencies. 

4. Review all month-end closing activities including general ledger accounts, balance sheet accounts, and overhead cost allocation.  Post and process journal entries for month end closing.  

5. Ensure the accuracy of all transactions that are entered into the General Ledger.  Trace, adjust, and reconcile general ledger accounts and correct errors, omissions, etc.  

6. Create, administer, and enforce systems and processes for financial controls and procedures including identifying and implementing solutions to control inadequacies. 

7. Oversee controls and payback calculations of capital expenditures. 

8. Ensure the Company complies with all local, state, and federal laws and other regulatory requirements regarding finances, tax filings, and reporting.  Ensure financial and regulatory compliance standards are met with respect to audits, banking, taxes, other institutional requirements, etc. 

9. Serve as a key point of contact for external auditors related to the plant.  Manage preparation and support of all external audits by providing requested information to external independent auditors in annual examination of the financial records.  Organize information and statements for audits and both internal and external auditors. 

10. Monitor financial information and provide for the preparation and timely filing of all local, state, and federal tax returns.  Prepare quarterly and year-end tax schedules. 

11. Define, benchmark and implement operational best practices. 

4.  Manage Cost and Inventory Accounting. 

1. Refine and maintain the integrity of the plant’s standard cost system. 

2. Manage and perform cost accounting functions to maintain accurate cost records and ensure accurate stock status. 

3. Understand bills of materials to ensure product costs are accurate and accounted for properly.  

4. Ensure timely and accurate input of bills of materials and price code changes. 

5. Ensure bills of materials and costing accurately reflect production operations. 

6. Manage plant assets through participation in business case preparation, audit of results, and system maintenance. 

7. Manage and update fixed assets with FAS software.   

8. Assist in annual physical inventory.  Ensure accuracy of the physical inventory and reported results.  Investigate and explain book to physical adjustments.  Analyze potential excess and obsolete inventory items as necessary.  Work with purchasing and operations for year-end standard roll. 

9. Attend daily production meetings to understand all operations decisions affecting the business.  

10. Manage complete sales order process.  Review & approve PRP (problem resolution process) requests to ensure there is adequate documentation and support. 

11. Work with the sales team to validate/audit all customer pricing changes. 

12. Review scrap sales reporting to ensure accuracy. 

5. Direct Cash Management for the Plant. 

1. Monitor cash flow metrics, primarily inventory related, to ensure the plant is operating to maximize cash while meeting P&L targets.  Work with Plant leadership to create solutions as needed to optimize cash flow and operating profit. 

2. Oversee weekly cash management.  Monitor cash and funding balances. 

3. Oversee accounts payable process and disbursements; ensuring all accounts are paid on time.  Oversee all payments made for debts, bank loans, and other large quantities of money.  Approve/review large payables, sign checks, and authorize large wires and ACHs.  

4. Oversee accounts receivable management and provide guidance relating to the collection process.  Process accounts and collect payments. 

5. Work with the Plant operations team to reduce inventory levels and improve Net Working Capital position. 

6. Work collaboratively with plant operations to identify, determine, and drive cost reduction and other improvement measures. 

6. Serve as Finance Business Partner for the Plant. 

1. Attend all AP/QP meetings.  

2. Provide support for Financial Review meetings and review/approve financial related KPI data. 

3. Perform periodic walkthroughs of the plant with the Plant Manager/General Manager to discuss production and costing issues.   

4. Review labor reporting and cost, material cost, manufacturing overhead, distribution cost, quality cost, and inventory levels. 

5. Advise on financial analyses and decision-making regarding capital investments, pricing, contract negotiations, significant costs, benchmarks, and other matters with management and Corporate Controller. 

6. Conduct formal meetings with manufacturing, finance, and management personnel to discuss all plant issues.  Develop and publish a formal agenda and recap with actions to be taken.  

2. Supervisory Responsibilities: 

• Directly supervises employees. Carries out supervisory responsibilities in accordance with the organization’s policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems. 

3. Qualification Requirements: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  

Education and Experience: 

• Bachelor’s degree in accounting, finance, business administration with an emphasis in Accounting, or a related field.  CPA/CMA and/or MBA preferred.  

• 10+ years total accounting or finance experience. 

• 5-7 years’ minimum experience as a Controller in a mid-sized ($100MM-$500$$) capital goods manufacturing environment preferred. 

• 3+ years of experience in a supervisory role preferred. 

• Demonstrated successful experience in costing, forecasting, and budgeting. 

• Background coordinating with I.T. staff to manage and/or upgrade financial, accounting, and manufacturing systems.  

• Systems implementation experience strongly preferred.  

• Working knowledge and “Hands On” experience with ERP/MRP Systems. 

Computer Skills 

• Ability to use a personal computer utilizing spreadsheet and word processing software applications, databases, and automated systems to accomplish work. 

• Advanced/Intermediate skill level with Microsoft Office Suite; Word, Excel, Project, and PowerPoint preferred. 

Certificates, Certifications, Licenses, Registrations: 

• Certified Public Accountant (CPA) or Certified Management Accountant (CMA) license preferred (or working towards).