Controller

Cannon-Muskegon - Muskegon, MI

Full-time - Mid Level

Muskegon, MI

10,001+ employees

Primary Metal Manufacturing

About the position

The Controller is responsible for directing the Company's accounting functions, which encompass a wide range of critical financial activities. This role involves the development and maintenance of planning and budgeting systems, as well as the analysis and interpretation of financial trends that require senior management's attention. The Controller will prepare financial and management reports and present findings and recommendations to senior management, ensuring that the financial health of the organization is maintained and communicated effectively. In this position, the Controller will work closely with a team of 2-4 direct reports and 8-10 indirect reports within the Finance department. Key responsibilities include ensuring the proper closure of accounting periods, which involves the reconciliation of sub-ledgers to the general ledger, calculation and review of accounting estimates and reserves, and the accurate preparation and approval of posted manual journal entries. The Controller will also prepare, analyze, and distribute various financial reports for both PCC Corporate and internal reporting purposes at the end of each financial period, including the Balance Sheet, Income Statement, and budget versus actual reports. The role requires oversight of the annual budgeting and periodic forecasting processes, projecting fixed and variable costs for materials, labor, and overhead. The Controller will collaborate with Sales and Marketing to review sales backlog and estimate sales for forecasting purposes, while also maintaining authorization limits and signature authority as approved by the PCC Corp Treasury office. This includes approving foreign currency and hedging transactions, evaluating contracts for embedded derivatives, and reviewing bad debt reserves. Additionally, the Controller will analyze material, labor, and overhead cost data to establish and maintain a standard cost system within the ERP system, oversee cycle count initiation and reconciliation processes, and actively participate in daily and weekly meetings to review overall operations performance. The development and presentation of the annual financial operating plan, along with the interpretation and presentation of financial operating results, are also key components of this role. The Controller will aid in formulating and administering corporate policy, manage accounts receivable and payable to target levels, prepare financial payback analyses for capital projects, assist auditors during the audit process, and support Sarbanes-Oxley reporting requirements.

Responsibilities

• Work safely and adhere to all Company and regulatory EH&S and 6S policies and procedures.
• Develop, train, and manage a team of 2-4 direct reports and 8-10 indirect reports in Finance.
• Ensure proper closure of accounting periods, including reconciliation of sub-ledgers to the general ledger and preparation of manual journal entries.
• Prepare, analyze, and distribute various financial reports for PCC Corporate and internal reporting purposes at financial period end.
• Oversee the annual budgeting and periodic forecasting process, completing C-M and PCC Corporate budget models for approval.
• Project fixed and variable costs for material, labor, and overhead.
• Collaborate with Sales and Marketing to review sales backlog and estimate sales for forecasting purposes.
• Review and update projected costs for periodic budgeting.
• Act as controller of the treasury and cash management process, maintaining authorization limits and signature authority.
• Approve foreign currency and hedging transactions and evaluate contracts for embedded derivatives.
• Review bad debt reserves and approve bad debt write-offs.
• Analyze material, labor, and overhead cost data to maintain standard cost system within ERP.
• Oversee cycle count initiation and reconciliation process.
• Participate in daily/weekly meetings reviewing overall operations performance.
• Develop and present annual financial operating plan and financial operating results.
• Aid in formulating and administering corporate policy.
• Manage A/R and A/P to target levels and prepare financial payback for capital projects.
• Assist auditors during the audit process and oversee periodic cycle count inventory activities.
• Support Sarbanes-Oxley Reporting including review segregation of duties and mitigating controls.

Requirements

• Four-year degree in Accounting, Finance, or a related field of study.
• Minimum of ten (10) years combined experience in both general and cost accounting fields.
• Experience managing direct reports.
• Experience with standard cost accounting.

Nice-to-haves

• Syteline experience preferred.

Benefits

• Relocation assistance authorized for this position.