Description

JOB CATEGORY

The Controller position is classified under the Finance Function and is responsible for controlling, reporting, financial analysis, budgeting, forecasting, cash management, compliance, and business performance management. The role serves as a key financial partner to management by providing accurate financial information and supporting strategic decision-making.

GENERAL DESCRIPTION

The Controller is responsible for promoting and protecting the profitability, cash flow, and net value of the business through effective financial planning, reporting, analysis, and control. The position ensures appropriate valuation of assets, establishes adequate provisions for business risks, monitors financial performance, and provides management with reliable financial information to support decision-making.

The Controller also leads the Accounting Department, ensures compliance with accounting standards and regulatory requirements, manages budgeting and forecasting activities, and supports continuous improvement initiatives across the business.

KEY RESPONSIBILITIES

Financial Reporting and Analysis

• Prepare and analyze monthly, quarterly, and annual financial reports.
• Ensure the accuracy and integrity of financial statements.
• Provide financial analysis and recommendations to management.
• Monitor financial performance and identify areas for improvement.

Cost Accounting

• Maintain accurate product and manufacturing costs.
• Analyze cost variances and profitability.
• Support inventory valuation and costing processes.
• Provide cost information for pricing and operational decisions.

Budgeting and Forecasting

• Lead the annual budgeting process.
• Develop periodic forecasts and financial projections.
• Monitor actual performance against budgets.
• Recommend corrective actions when necessary.

Internal Controls and Compliance

• Ensure compliance with company policies and accounting standards.
• Protect company assets through strong internal controls.
• Coordinate internal and external audit activities.
• Ensure compliance with federal, state, and local regulations.

Cash Management

• Monitor cash flow and working capital.
• Manage cash receipts and disbursements.
• Support treasury and banking activities.
• Optimize cash utilization and liquidity.

Leadership and Team Development

• Direct and supervise Accounting Department personnel.
• Coach and develop team members.
• Promote a culture of accountability and continuous improvement.
• Ensure timely and accurate support to internal customers.

SKILLS DEFINITION

Technical Skills

Financial Management

Ability to manage financial planning, budgeting, forecasting, reporting, and financial analysis to support organizational goals and maximize business profitability.

Cost Accounting

Comprehensive knowledge of cost accounting principles, standard costing, variance analysis, inventory valuation, and manufacturing cost management.

Financial Reporting

Ability to prepare, interpret, and communicate financial statements, management reports, and key performance indicators accurately and effectively.

Budgeting and Forecasting

Ability to develop financial plans, annual operating budgets, forecasts, and long-term financial projections.

Internal Controls

Knowledge of internal control frameworks and the ability to implement controls that safeguard company assets and ensure regulatory compliance.

Cash Flow Management

Ability to monitor liquidity, manage working capital, analyze cash requirements, and support effective treasury operations.

Tax and Regulatory Compliance

Knowledge of applicable accounting principles, tax requirements, financial regulations, and audit procedures.

ERP and Financial Systems

Proficiency in ERP systems, accounting software, Microsoft Excel, financial reporting tools, and data analysis applications.

Leadership Skills

Team Leadership

Ability to lead, motivate, and manage employees to achieve departmental and organizational goals.

Coaching and Development

Ability to mentor employees, provide constructive feedback, and support professional development.

Strategic Thinking

Ability to align financial objectives with business strategy and support long-term organizational growth.

Decision Making

Ability to evaluate information, assess risk, and make sound business decisions in a timely manner.

Business Skills

Business Acumen

Strong understanding of manufacturing operations, business processes, profitability drivers, and organizational objectives.

Risk Management

Ability to identify, assess, and mitigate financial and operational risks.

Continuous Improvement

Ability to analyze processes and implement improvements that increase efficiency and effectiveness.

Customer Focus

Commitment to providing excellent service and building effective relationships with internal and external stakeholders.

CORE COMPETENCIES

• Strategic Vision
• Innovation and Creativity
• Company Spirit
• Building Organizational Relationships
• Customer Focus
• Maturity and Decisiveness
• Adaptability
• Teamwork
• Communication Skills
• Leadership and Coaching
• Business Acumen
• Integrity and Professional Ethics
• Results Orientation
• Analytical Thinking
• Problem Solving

EDUCATION AND EXPERIENCE REQUIREMENTS

Education

• Bachelor's Degree in Accounting, Finance, or a related field.
• CPA designation preferred.

Experience

• Minimum of 5 years of progressive accounting and finance experience.
• Strong experience in cost accounting within a manufacturing environment.
• Previous supervisory or management experience preferred.

Technical Knowledge

• Microsoft Office Suite, particularly Advanced Excel.
• ERP systems and financial management software.
• Financial reporting and business analysis tools.

WORKING RELATIONSHIPS

Internal

• Plant Management
• Operations Team
• Finance and Accounting Team
• Human Resources
• Sales and Customer Service

External

• Auditors
• Financial Institutions
• Government Agencies
• Suppliers
• Customers and Business Partners

SUCCESS MEASURES

• Accuracy and timeliness of financial reporting.
• Budget achievement and cost control performance.
• Compliance with accounting and regulatory standards.
• Effective cash flow and working capital management.
• Successful leadership and development of finance personnel.
• Continuous improvement of financial processes and controls.