Assistant Plant Controller/Cost Manager

Job Description - Assistant Plant Controller/Cost Manager

Scope:

Manages all accounting, financial analysis, planning, control, costing, monthly financial close and reporting activities for the site.

Duties and Responsibilities:

• Direct preparation and analysis of monthly financial statements and reports for the plants and ensure timely submission to corporate financial organizations.
• Prepare and explain variances between actual performance and forecast in a written narrative for management, assure that variances are analyzed and that appropriate the response is taken.
• Recommend revisions to budgets and business plans on interim basis in response to changing business conditions.
• Prepare monthly forecasts for the assigned plants.
• Provide financial information and partner with local plant management to attain financial and operational objectives.
• Oversee execution of myriad 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.
• Coordinate and liaise with Shared Services Center regarding period end close (JE and account reconciliations) and ongoing finance operations (Accounts Payable, Billing, Collections).
• 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, Accrued Liabilities, among others.
• Ensure that appropriate administrative and financial controls are well documented and maintained
• 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
• Analyze performance metrics inclusive of those above and others to understand plant performance and make recommendations to Finance Business Partner and General Manager.
• Work with operational department managers to understand cost performance, analyze period variances from standards or forecast.
• Prepare inventory valuations including E&O/LCM reserves and capitalized variances
• Responsible for standard costs including variance analysis, setting rates and analyzing part profitability
• Lead out plant inventory cycle count process

Education and Experience:

• Requires a four year degree in accounting or finance.
• Accounting experience in a management role is a plus.
• Experience in manufacturing environment with inventory control is a plus.
• Advanced Excel skills with vLookups & Pivot Tables are a must. #LI-EC1