Controller in Kent, WA at Davis Wire

Date Posted: 7/21/2021

Job Snapshot

  • Employee Type:
  • Location:
    Kent, WA
  • Experience:
    Not Specified
  • Date Posted:

Job Description

The Company 

US Wire Group (USMPG) is an operating platform within the Metal Processing Group of The Heico Companies, LLC, overseeing four independent manufacturing companies (five facilities) producing a wide array of steel wire and cable products that serve many industries. USMPG’s independent business model fosters entrepreneurship and growth and allows professional development at all levels.

USMPG harbors a philosophy of developing close customer contact to provide prompt, responsive service to meet customer's changing needs, allowing us to be leaders within our respective industries. Products are marketed domestically through a direct sales force, manufacturer's representatives, and an established network of independent distributors. Our company is diverse and has a solid management base, product/market niches and efficient manufacturing capabilities.

The Position 

 This Controller function works in an environment of decentralization and profit center responsibility. It is important that all persons in the Controller function understand their responsibilities and work together with other management members effectively in pursuit of the company’s common objectives and goals.

The Division Controller is expected to carry on their activities within the general framework established by Platform Corporate Finance and the individual operating unit.  The Controller directs and monitors implementation of accounting, budgeting, internal controls and financial reporting policies & procedures and administrative practices at the operating unit.

Job Description

Primary Responsibilities

  • Proactive member of the Company’s senior management team, assisting in the development of its long-term business strategies, and near term operating plans including annual Budgeting (Business Plan) and quarterly 12 month rolling forecasts (Forecasts)
  • Act as an advisory to the VP/GM and other senior managers on all financial and related issues as needed
  • Drive improvement in business performance through effective cost control, monitoring and reporting systems, with particular emphasis on profitability and cash flow
  • Deliver accurate and timely financial reports including monthly, quarterly and annual financial statements and management reports
  • Evaluate all financial systems and procedures and implement changes and improvements to increase accuracy, strengthen controls and timely reporting
  • Ensure integrity of financial reporting systems
  • Collaborate with Operations in the management and maintenance of the Company’s perpetual inventory system ensuring accurate and timely recording of receipts, production variances, scrap, reporting and valuation.
  • Monitor controls over inventory processes and implement changes to improve operations and efficiencies as required.
  • Implement cycle counting processes and conduct physical inventories on annual basis
  • Identify opportunities to improve the business through process changes, automation, technology advancements and data analysis; key business partner for ERP improvement and implementation strategy
  • Continually review plant and operating costs to justify capital equipment upgrades and identify cost reduction opportunities
  • Ensure that financial controls and operating procedures are in place and to comply with GAAP, Group, Parent and legislative requirements
  • Lead the annual budget process and be responsible for monitoring performance to plan on a continuous basis
  • Ensure best practices are consistently implemented regarding all financial and accounting related processes and procedures
  • Coordinate with internal and external audit teams and take responsibility for related activities, results and action items
  • Implement processes for establishing, monitoring and reporting on performance against KPIs (operational and financial)
  • Oversee, direct and organize the work of the finance team. Promote a culture of high performance and continuous improvement that values learning and a commitment to high achievement
  • Establish and monitor staff performance and development goals, assign accountabilities, set objectives and establish priorities. Mentor and develop staff using a supportive and collaborative approach
  • Drive and support compliance and ethical processes and behaviors through the business

Job Requirements      

  • Bachelor's degree in accounting is required, CPA strongly preferred
  • A solid understanding of Generally Accepted Accounting Principles (GAAP) and costing are essential
  • Prior Controller experience in a manufacturing setting where financial best practices were previously established
  • Experience with process improvement and ERP system implementation strongly preferred
  • Strong analytical, critical thinking, problem-solving, management and organization skills
  • Strong interpersonal and communication skills, including a proficiency to present complex business issues to Company, Group and Parent level management
  • Proficiency with Microsoft Office suite of products including advanced Excel skills and PowerBI
  • Ability and willingness to travel an estimated 10-15%

Key Leadership Competencies

  • Commitment to EHS –must continually demonstrate an unequivocal commitment to the highest standards of health and safety for the workforce and be a leader in ensuring the company maintains its high levels of environmental performance.
  • Unquestionable Integrity - Demonstrates the highest degree of integrity when engaging with associates, distributors and stakeholders. Leads ethically by example and fosters a culture firmly grounded in the values of the organization.
  • Strategic and Agile Thinking - Strong strategic capabilities and overall business acumen. Financially savvy and understands the economic levers behind improving EBITDA and other key metrics. Fact-based, data-driven and analytical. Creative mindset with the ability to identify and mobilize around new opportunities very quickly.
  • Collaborative Style – Engages stakeholders in problem solving and decision making. Is adept at bringing people together to tackle issues rather than dictate solutions. Has a collegial, inclusive working style and is professional and courteous. Builds strong relationships both internally and externally. Is both confident and humble.
  • Communication Skills - Excellent verbal and written communication skills with the ability to effectively deliver and reinforce consistent messages at all levels. Excellent listening skills.
  • Leadership Capability - Has the leadership acumen and credibility to work across the entire organization and develop talent. Should be hands-on, but able to delegate appropriately with the ability to motivate, inspire and commit an organization to a course of action and achieve results.
  • Executive Presence – Has the poise and confidence to interact with senior customer executives and the community, as well as The Heico Company Executive Leadership Team.