Plant Controller

Position Summary:

The Plant Controller plays a critical role in the financial management and control of our manufacturing facility. This position is responsible for overseeing and optimizing financial processes, ensuring accurate and timely financial reporting, and providing valuable insights to support operational decision-making. The Plant Controller will work closely with senior management, operations teams, and corporate finance to achieve financial goals and maintain the facility's financial health. As a key member of the segment’s Finance Leadership team, the Plant Controller will play a central role in establishing and maintaining a culture of clarity, creativity, and accountability.

Essential Duties and Responsibilities:

Financial Reporting:

• Prepare and review monthly, quarterly, and annual financial statements, including income statements, balance sheets, and cash flow statements.
• Ensure the accuracy and integrity of financial data by reconciling accounts and reviewing journal entries.
• Generate variance analyses and financial reports for management and corporate stakeholders.

Budgeting and Forecasting:

• Collaborate with department heads to develop annual operating budgets.
• Monitor budget performance and provide recommendations for cost control and optimization.
• Prepare and update financial forecasts to support short-term and long-term planning.

Cost Analysis and Control:

• Analyze manufacturing costs, overhead, and variances to identify opportunities for cost reduction.
• Implement and monitor cost control initiatives, working closely with production and procurement teams.

Inventory Management:

• Supervise the valuation and control of inventory.
• Monitor inventory turnover rates and work on strategies to optimize inventory levels.

Compliance and Audit:

• Ensure compliance with financial regulations and reporting requirements.
• Coordinate and support internal and external audits, including financial and tax audits.

Financial Process Improvement:

• Identify areas for process improvement and efficiency in financial operations.
• Implement best practices and automation where applicable to streamline financial processes.

Team Leadership:

• Lead and manage the finance team, providing guidance, training, and support.
• Foster a collaborative and high-performance work environment.

Financial Analysis and Decision Support:

• Provide financial analysis and data-driven insights to aid operational decision-making.
• Support senior management in evaluating capital investments and new business initiatives.

Qualifications:

Education:

• Bachelor's degree in Accounting, Finance, or related field.

Experience:

• Minimum of 5 years of progressive financial management experience, with at least 2 years in a supervisory role.
• Experience in a manufacturing environment is required.

Financial Expertise:

• Strong understanding of financial accounting, reporting, and analysis.
• Proficiency in cost accounting and financial modeling.

Analytical Skills:

• Excellent analytical and problem-solving abilities.
• Proficiency in using financial software, ERP systems, and advanced Microsoft Excel skills.

Leadership and Communication:

• Strong leadership and team management skills.
• Excellent verbal and written communication skills to interact with various departments and senior management.

Regulatory Compliance:

• Knowledge of financial and tax regulations.
• Experience with audit coordination and compliance.

Process Improvement:

• Ability to identify and implement process improvements in financial operations.

Results-Oriented:

• A proactive and results-oriented mindset with a commitment to meeting deadlines and achieving financial goals.

Working Conditions:

This position operates within a manufacturing plant and office environment. The role involves interactions with employees, managers, and external stakeholders.