Controller

$120,000 - $130,000/Yr

Vaco - Grand Rapids, MI

Full-time - Mid Level

Grand Rapids, MI

Administrative and Support Services

About the position

We are seeking a dynamic and experienced Controller to oversee the financial operations of our manufacturing facility. The Controller will be responsible for leading the accounting team, ensuring accurate financial reporting, and providing strategic financial guidance to support business objectives. This role offers an opportunity to make a significant impact on the success and profitability of our plant operations. The ideal candidate will have a strong background in accounting and finance, particularly within a manufacturing environment, and will be adept at managing financial planning, analysis, and reporting processes. In this role, you will develop and manage the plant's annual budget, forecasts, and strategic financial plans. You will analyze financial performance, identify areas for improvement, and provide recommendations to management. Additionally, you will oversee cost accounting processes, including standard costing, inventory valuation, and variance analysis, while identifying opportunities to reduce costs and improve efficiencies. You will prepare and review monthly, quarterly, and annual financial statements in accordance with GAAP and company policies, ensuring accuracy, completeness, and timeliness of financial reporting. Establishing and maintaining effective internal controls to safeguard assets and ensure compliance with regulatory requirements will also be a key responsibility. Furthermore, you will manage inventory levels, valuation, and reconciliation, working closely with operations and procurement teams to optimize inventory levels. As the Controller, you will evaluate and prioritize capital expenditure projects based on ROI analysis and strategic priorities, monitoring project budgets and expenditures to ensure alignment with financial goals. Leading and developing the plant accounting team will be essential, providing guidance, training, and support to foster professional growth and development while ensuring a high level of performance and accountability within the team.

Responsibilities

• Develop and manage the plant's annual budget, forecasts, and strategic financial plans.
• Analyze financial performance, identify areas for improvement, and provide recommendations to management.
• Oversee cost accounting processes, including standard costing, inventory valuation, and variance analysis.
• Identify opportunities to reduce costs, improve efficiencies, and optimize profitability.
• Prepare and review monthly, quarterly, and annual financial statements in accordance with GAAP and company policies.
• Ensure accuracy, completeness, and timeliness of financial reporting.
• Establish and maintain effective internal controls to safeguard assets and ensure compliance with regulatory requirements.
• Conduct periodic audits and assessments to monitor compliance and identify areas for improvement.
• Manage inventory levels, valuation, and reconciliation.
• Work closely with operations and procurement teams to optimize inventory levels and minimize excess or obsolete inventory.
• Evaluate and prioritize capital expenditure projects based on ROI analysis and strategic priorities.
• Monitor project budgets and expenditures to ensure alignment with financial goals.
• Lead and develop the plant accounting team, providing guidance, training, and support to foster professional growth and development.

Requirements

• Bachelor's degree in Accounting, Finance, or related field; CPA or CMA certification preferred.
• 6+ years of experience in accounting or finance, with at least 3 years in a manufacturing environment.
• Strong understanding of cost accounting principles, manufacturing processes, and inventory management.
• Proficiency in ERP systems and advanced Excel skills.
• Excellent analytical, problem-solving, and decision-making abilities.
• Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
• Proven leadership capabilities, with the ability to motivate and inspire others.

Benefits

• Competitive salary and benefits package.
• Opportunities for career advancement and professional development.
• Positive and collaborative work environment.
• Health insurance, retirement plans, and other benefits.