Assistant Financial Controller

Overview

Morgan Advanced Materials is a business rich in history and innovation. Founded in the UK in 1856, we have grown into a global organisation with 70 sites in 18 countries. Our model to serve our customers where they need us has led to a diversified product range using our unparalleled expertise in ceramic and carbon materials, which we exploit to solve difficult problems for our customers across a diverse range of markets.

We are a purpose driven organisation. Our purpose is to use advanced materials to make the world more sustainable and to improve the quality of life. We deliver on that purpose through the products that we make, and the way that we make them.

The Technical Ceramics business of Morgan Advanced Materials engineers high performance functional and structural ceramic materials, components and sub-assemblies to address customer-specific technical challenges.

Key Figures: Revenue £1,112m (2022), ~8,500 employees, manufacturing in 30 countries, and a global customer portfolio. A UK PLC with head office located in Windsor, Berkshire UK.  Listed on London Stock Exchange; Member of the FTSE 250 Index.

Responsibilities

Our largest facility in San Juan del Rio is growing rapidly, we are looking to expand our finance department with the addition of an Assistant Controller.  The organization is in an exciting period of growth and looking for a professional who can support the finance team to take it to the next level.  Morgan is in process of implementing United Kingdom Sox program and upgrading its controls for the new expanded location.  The site is expected to be the largest manufacturing 3location in the Morgan Group within a year, it bright and pleasant environment. 

All employees at Morgan work in accordance with best practice and the Morgan Responsible Business Program, take an active part in delivering a high commitment to Environment, Health and Safety under Morgan’s global programs.

OVERVIEW & SCOPE OF ROLE

The Assistant Controller will carry out accounting, analysis, reporting and control activities for the site.  The Controller is responsible for the oversite of the accounting staff, ensuring that accounting policies, practices, and procedures are maintained.

The Assistant Controller will be responsible for supporting the Controller and the overall financial activities for the division. This includes monthly and year-end closing and related reporting, journal entries, reconciliations, monthly financial reports to management and other aspects to ensure the integrity of the general ledger and system.  The assistant controller will also support the maintenance and development of financial controls for the Certech Cores organization.  Interact with financial management and leadership regarding financial and operational information.

The Assistant Controller will work closely with the global finance teams to ensure important coordination on processes, information sharing, receivables collection, supplier payments and other business-critical functions.

 Essential Functions:

• Prepare and issue timely monthly and annual financial reports for internal and Corporate use. Support preparation of monthly forecast
• Oversee 4 staff and support the Controller with finance activities (cost, accounting, AP & eventually payroll)
• Prepare or review reconciliations of balance sheet accounts including Cash, AR, AP, Inventory, Fixed Assets and intercompany
• Ensure the business maintains robust internal controls and documentation which will ensure compliance with financial regulations and group policies.
• Work with the finance team to develop efficient and effective reporting
• Interact with internal and external audit to support audits lead efforts to provide necessary records.
• Support annual budget preparation and reporting, including development of tools for future use.
• Coordinating with the controller to ensure legal/statutory compliance and tax efficiency for the MX operations.
• Prepare or ensure preparation of reports required by regulatory agencies as needed.
• Participate in annual physical inventory
• Other duties as assigned by Controller
• Initial 3-6 months will be learning the systems, support new processes arising from expanded business, formalize and reinforce the finance process
• Work with Site Managers to review cost variances and assist in developing mitigation plans.

Qualifications

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.

• Six to ten years related experience/training
• Bachelor´s degree in Finance, Accounting (Licenciatura en contaduría)
• Experience of ownership of financial reporting and control working for a global multinational
• Experience in Mex GAAP and exposure to IFRS
• experience of operational/manufacturing finance (g., financial control, cost accounting, variance analysis, etc.)
• Exposure to SOX compliance
• Highly analytical
• Proficient in Excel
• Prefer knowledge of JD Edwards or any other ERP
• IMMEX and Maquiladora awareness
• Import & Export awareness
• Fully Bilingual Spanish / English

Additional Requirements:

• Effectively present information to management
• Analyze variances and recommend corrective actions
• Respond to common inquiries from regulatory agencies, or members of the business community. Effectively present information to management

• Define problems, collect data, establish facts, and draw valid conclusions
•  Ability to advise on finance and control matters

 Physical Requirements:

• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. On site presence may be subject to safety and Covid policy

Morgan Advanced Materials is an EEO/AA/M/W/D/V Employer Ind-1