Assistant Controller

Dana Incorporated - Henderson, KY

Full-time

Henderson, KY

Transportation Equipment Manufacturing

About the position

Dana is a global leader in the supply of highly engineered driveline, sealing, and thermal-management technologies that improve the efficiency and performance of vehicles with both conventional and alternative-energy powertrains. The Assistant Controller role is situated within the Commercial Vehicle Business Unit and is based in Henderson, KY. The primary objective of this position is to support the plant by analyzing existing customer performance and identifying future opportunities for business growth. This role is crucial in ensuring that financial operations align with the company's strategic goals and contribute to overall profitability. In this position, the Assistant Controller will assist with monthly, quarterly, and annual closing responsibilities by providing timely and accurate reports and reconciliations. The role involves participating in the identification and development of cost-saving ideas, as well as the development of standard costs and reporting variances as needed. The Assistant Controller will work cross-functionally to ensure a robust internal control environment, particularly regarding the initiation of purchase requisitions, expense recognition, revenue and receiving cutoffs, and cycle counting of inventory, including root cause analysis. Additionally, the Assistant Controller will analyze and report on profitability levels for current customers and products, assist with cost development for pro-formas related to potential new business opportunities, and track key performance indicators (KPIs) such as sales, costs, labor productivity, inventory levels, and scrap. The role also includes supporting the development and loading of annual operating plans and forecasts, investigating customer payment discrepancies, and collaborating with the accounts payable team to resolve issues with supplier invoices and payments. The Assistant Controller will provide support for the annual physical inventory and handle other ad-hoc requests as needed.

Responsibilities

• Assist with monthly, quarterly, and annual closing responsibilities by providing timely and accurate reports, reconciliations, etc.
• Participate in the identification and development of cost savings ideas.
• Development of standard costs and reporting out of variances on an as needed basis.
• Work cross-functionally to ensure a robust internal control environment exists with regard to initiation of purchase requisitions, expense recognition, revenue and receiving cutoffs, cycle counting of inventory (root cause analysis), etc.
• Analyze and report on profitability levels on current customers and products.
• Assist with the cost development used to create pro-formas for potential new business opportunities.
• Assist with the daily tracking of KPIs including sales, costs, labor productivity, inventory levels, inventory adjustments, scrap, etc.
• Assist with the development and loading of annual operating plans and forecasts.
• Investigate customer payment discrepancies and provide proper support to the A/R team to close open issues.
• Work with the A/P team to investigate open issues with supplier invoices and payments.
• Provide support for the annual physical inventory.
• Handle other ad-hoc requests as needed.

Requirements

• Five years experience in a financial role.
• Bachelor's degree in finance or accounting.
• Superior problem solving and analytical skills.
• Excellent written and oral communication skills.
• Passionate, energetic, with a desire to drive results.
• Strong organizational skills with the proven ability to multi-task in a fast-paced, dynamic environment.
• A creative and innovative team player with a positive approach.
• Demonstrated ability to meet tight deadlines with emphasis on accuracy and attention to detail.
• Extensive knowledge of Excel and HF.
• Must be able to work extra hours when necessary.

Nice-to-haves

• Limited domestic and/or international travel may be required.