ACARA Jobs
Controller (Electronics Manufacturing)
Apply- ID: 531444
- Posted: 9/15/2023
- Location: Stafford Springs, CT
- Category: Pro - Finance
- Job Type: Direct Placement
- Duration: Direct Placement
Description
Acara Solutions has been providing staffing related services to advanced manufacturing firms throughout the country for 65 years. Our Global PCBA manufacturing client is looking for a Plant Controller to join their organization in Stafford Springs, CT. This is a salaried direct position. The salary range is $140K - $150K plus bonus. This is an onsite position due to the nature of the position working with the manufacturing floor.
Due to a promotion to Regional Controller, one of this organization's largest plants has this Controller opening. It's a small team consisting of the Assistant Controller (the only direct report), Controller and VP of Finance. The position will be working closely with the plant GM and the COO nearby that used to be the plant's GM. There will be a fair amount of dealings with these two senior leaders. One needs to be comfortable with frequent interaction with senior management and the 'stresses' that go along with quick response requests, etc.
In addition to the position requiring a fair amount of manufacturing firm costing experience, it requires a background in the more complex Standard Costing with Variances. A candidate with actual costing or average costing at a smaller operation is not a match without standard costing experience. The ideal candidate will have had a hands-on background in cost accounting within a sizeable manufacturing firm, not just handing off the work to a cost accountant.
- Manages all accounting, financial analysis, planning, and control, monthly financial close and reporting activities for the site.
- Finance business partner for the site advancing and impacting plant performance, cost controller and margin improvement.
Responsibilities:
- Provide financial information and partner with local plant management to attain financial and operational objectives.
- Oversee execution of a myriad of weekly, monthly, and quarterly financial and operating reports for the plants (factory load, cost savings, weekly ops metrics, PR overview).
- Facilitate and strengthen communications and business relationship between finance and the other functional areas of the business.
- Lead efforts to create and facilitate more effective financial/cost consciousness in everyday business activities.
- Oversee Plant cost accounting and standard costing process and modeling; updating rates, developing end market P&L reporting within the site and assessing by program and part number profit margins on an ad hoc basis.
- Oversee and direct local staff.
- Coordinate and liaise with Shared Services Center regarding period end close (JE and account reconciliations) and ongoing finance operations (Accounts Payable, Billing, Collections).
- Direct preparation and analysis of monthly financial statements and reports for the plants and ensure timely submission to corporate financial organizations.
- Oversee execution of periodic reporting and analysis of 'plant prepared' financial records (Inventory Valuation, Construction in Progress, Revenue Recognition [cut-off] Analysis, Pre-paid Expenses, and Accrued Liabilities, among others.
- Prepare quarterly and monthly forecasts for the assigned plants.
- Prepare and explain variances between actual performance and forecast in a written narrative for management, assure that variances are analyzed and that appropriate response is taken.
- Recommend revisions to budgets and business plans on interim basis in response to changing business conditions.
- Oversee administrative, financial and operational systems and procedures for the plants.
- Ensure that appropriate administrative and financial controls are well documented and maintained
- Assure that accounting and financial control procedures meet company's standards.
- Direct financial analysis to support business decisions in areas of capital investment, staffing levels, review of cost-drivers, process improvements, product costing and pricing.
- Review and approve all purchase commitments for the assigned plants. Oversee preparation and submittal of Capital Expenditure Requests.
Support audit of financial records by external and internal auditors
Job Requirements
Required Skills / Qualifications:
Bachelor's degree in Accounting, Finance, or a related field.
Min 5 years of accounting/controllership experience within a manufacturing environment that includes complex activity-based costing (BOM, labor & overheard...(the cost to build the part))
Min 2 years of experience with standard costing with variances.
Min 3 years of experience leading/managing employees.
This is a U.S. ITAR facility, U.S. persons required (a green card is acceptable).
Preferred:
A Master's degree or relevant professional certification (e.g., CPA, CMA)
Oracle & Cognos
Experience in public accounting with SOX experience/knowledge
Aleron companies (Acara Solutions, Aleron Shared Resources, Broadleaf Results, Lume Strategies, TalentRise, Viaduct) are Equal Employment Opportunity and Affirmative Action Employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity, sexual orientation, national origin, genetic information, sex, age, disability, veteran status, or any other legally protected basis. The Aleron companies welcome and encourage applications from diverse candidates, including people with disabilities. Accommodations are available upon request for applicants taking part in all aspects of the selection process.
Applicants for this position must be legally authorized to work in the United States. This position does not meet the employment requirements for individuals with F-1 OPT STEM work authorization status.