Plant Controller

Retail Options
Salisbury, MD Full Time
POSTED ON 7/21/2024 CLOSED ON 8/18/2024

What are the responsibilities and job description for the Plant Controller position at Retail Options?

100 year old, fifth generation family owned manufacturer is looking for an enthusiastic, ambitious team member to join our Finance and Accounting Department. This person must love change, be self-motivated and inspire others inside and outside the department. Individual should be able to communicate directly and openly with all levels in our organization. There will be many opportunities for the successful candidate to engage their innovative and creative problem-solving skills to help move the department to the next level. The successful candidate will live in both the big picture as well as in the details, desire to make an impact, and work well on a team and individually.

You’ll Be Responsible For

Directs and oversees accounting operations for a single plant within an organization. Manage financial and operating performance through month end activities and financial reporting. Ensure accounting department procedures and activities are in line with company objectives and all compliance requirements. The Plant Controller is a hands-on “do’er” and a business partner who is highly proactive and accustomed to successfully partnering with leadership.

What You’ll Be Doing

  • Partner for site leadership, pro-actively taking responsibility for budgeting, forecasting processes and business decisions.
  • Support plant operations with timely and accurate financial reporting and analysis of results (cost control versus budget, efficiencies & variance reporting, and providing cost forecasts)
  • Maintain strong control and reporting of Capital Expenditures, particularly a large on-going expansion.
  • Analyze site financials with strong business acumen and guide leadership to make informed, financially sound decisions.
  • Oversee financial internal and external controls regarding assets (including inventory) and spend.
  • Recommend, implement, and measure performance against benchmarks for financial and operating performance.
  • Lead the month end closing and financial reporting process, including account analysis and reconciliation.
  • Conduct formal monthly review meetings with manufacturing and finance management to discuss plant performance.
  • Meets periodically with the Plant Manager to discuss production and costing issues. Review labor reporting and cost, material costs, manufacturing overhead, distribution cost, and inventory levels.
  • Implement and ensure organizational compliance with accounting best practices, U.S. GAAP requirements, and company’s policies.
  • Ensure bill of material and costing accurately reflect production operations.
  • Responsible for the integrity and accuracy of an organization's financial data
  • Collaborate with site operations personnel on cost price calculations, evaluating inventory and challenging supply chain to maintain proper stock levels, complying with internal control guidelines.

Supervisory Responsibilities

  • Ability to simultaneously lead and manage multiple projects.
  • Manage accounting and finance functions related to the business.
  • May supervise accountants and payroll specialists at the plant level.

What You’ll Need To Succeed

  • Bachelor’s degree in finance or accounting, Economics, Business or equivalent experience required.
  • 15 years of work experience, preferably in a manufacturing environment.
  • Experience in managing teams and projects.
  • Certification such as CPA or CMA, preferred.
  • Strong understanding of generally accepted accounting principles and cost accounting.
  • Demonstrated skill and comfort in building financial models.
  • Strong business, financial acumen with demonstrated ability to provide in-depth analysis.
  • Working knowledge of controlling large CAPEX projects is a plus.
  • Team player who is adaptable, flexible, and comfortable presenting/communicating to various levels of the organization with a variety of goals and purposes.
  • High computer proficiency; specifically, with Microsoft Excel spreadsheets, worksheet functionality and use of graphs and charts.
  • Experience and knowledge of an ERP system, Axiom is a plus.
  • Experience with Lawson Financial Software preferred.
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