Plant Controller in Niles, MI at National Standard

Date Posted: 6/4/2022

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Niles, MI
  • Experience:
    Not Specified
  • Date Posted:
    6/4/2022

Job Description

The Company 

US Wire Group is the parent of three independent companies (five manufacturing facilities) which produce steel wire and cable/wire related products that serve many industries. The independent business model fosters entrepreneurship and growth and allows professional development at all levels. US Wire Group is part of the Metals Processing Group and wholly owned by The Heico Companies, LLC.

Our philosophy of developing a close customer contact to provide prompt, responsive service and to meet our customer's changing needs allows 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%

Physical Requirements

  • Must be able to Sit for long periods of time.
  • Must be able to occasionally work in a dusty environment around metals
  • Sight – hand and eye coordination, depth perception needed to operate computer
  • Hearing – must be able to hear others on the phone or in person, warning sounds of forklift and other heavy machinery
  • Speech – must be able to communicate effectively with others while working
  • Must be able to stand, bend, kneel, and lift seldom to occasional
  • Must be able to sit, twist, reach, grasp, and fine manipulation occasional to constant
  • Must be able to squat, stoop, kneel, reach overhead seldom to occasional
  • Must be able to lift up to 20 pounds occasionally

Key Leadership Competencies

  • 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.
  • Strategic 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.
  • Innovation Focus - Confident ability to drive change and express and advocate for new ideas and ways of doing things. Willingness to take appropriate business risks, recognizing that to succeed overall, one will occasionally fail.
  • 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.

EOE M/F/D/V

CHECK OUT OUR SIMILAR JOBS

  1. Accountant Jobs
  2. Controller Jobs