What are the responsibilities and job description for the Plant Controller position at Snap-on Inc?
Overview
Who We Are:
As part of the Snap-on Tools team, you'll be joining an extraordinary company that has been the industry standard for over 100 years! People know Snap-on for the quality of our products, but we know that it is the passion and character of our people that make our company a global leader. With our diverse talents and deep pride in the Snap-on family of brands, we drive innovation and create value. We work hard together. We grow together. We are one Snap-on team.
Working With Snap-on has Benefits!
Company-paid benefits include:
- Basic dental, Basic life, Basic accidental death and dismemberment coverage
- Short term and long-term disability, Employee Assistance Program
- Business travel accident insurance
- Other health education programs including smoking cessation, annual wellness screening and seasonal flu shot
- Market competitive compensation
- Bonus, incentives depending on position and level
- Base pay progression through lateral & promotional development on both managerial and technical career paths
- Paid time off, vacation and paid holidays
- Tuition Assistance Plan
- Employee Stock Purchase Plan – annual optional enrollment period
- Retirement programs including 401(k) Plan with matching employer contributions
Position Summary:
Direct, plan and validate all accounting activities to ensure proper reporting of plant operations. Identify and resolve reporting discrepancies, whether policy or system related. Analyze plant financial results, while providing recommendations to maintain and improve overall plant performance. Plan and develop plant annual operating budgets and monthly forecasts that meet desired cost, service and quality objectives. Ensure the integrity of product standard costs. Direct payroll activities to ensure proper payment of wages, adherence to all policies and the proper distribution of labor hours and dollars. Direct a staff of 2 to 8 employees.
Responsibilities
- Direct and validate all accounting activities including labor distribution, inventories, general receipts, scrap, rework, too-die-maintenance, accounts receivable, accounts payable, production order variances and fixed assets transactions and journal entries. (Includes monthly reconciliation of balance sheet accounts).
- Identify and resolve reporting discrepancies and concerns involving system processing or plant policies and procedures.
- Analyze monthly plant financial results. Initiate and implement cost reduction recommendations in both product and operations. Explain variances and corrective action taken to eliminate unfavorable variances or maintain favorable variances.
- Forecast current year annual plant financial results monthly. Explain reasoning for significant changes from prior month.
- Plan and develop the annual plant operating budgets based on current plant capabilities and desired cost, service and quality objectives.
- Ensure the integrity of plant product costs by generating and reviewing monthly weighted cost reports. Make recommendations and focus plant management on products or product groups that need improvement.
- Direct payroll activities to ensure proper calculation of wages, deductions & taxes, including the timely distribution of payroll checks/advises. Ensure adherence to contractual agreements and payroll policies.
- Direct any special assignments required to enhance plant performance.
- Personal and personnel development.
Qualifications
- Bachelor’s Degree in business administration or science with an accounting specialty or equivalent accounting experience of 5 to 7 years. Master’s Degree preferred. Practical experience in cost accounting of 3 to 5 years. Prior Public Accounting experience preferred.
- Computer skills with knowledge and experience in Microsoft Office software.
- Sound knowledge and understanding of general accounting, cost accounting, purchasing, and payroll policies and procedures.
- Demonstrated skills in operation planning and cost reduction.
- A comprehensive understanding and knowledge of a standard cost system and the corresponding budgeting process.
- Excellent analytical and auditing skills. Proficient in verbal and written communications.
- Individual characteristics should include: team oriented, flexible, organized and possesses absolute work ethics and moral values.
- Competencies should include: Innovation, management practices and leadership skills, judgement, and good initiative.