Morbark - Winn, MI
posted 5 months ago
The Controller at Morbark LLC is a pivotal role responsible for overseeing the accounting functions and financial operations of the plants. This position requires close collaboration with the General Manager to prepare budgets, forecasts, and to ensure that financial targets are met. The Controller is tasked with maintaining tight controls over cost center spending and supporting continuous process improvements within the organization. A key responsibility includes preparing financial statements that comply with Generally Accepted Accounting Principles (GAAP), ensuring that all accounting records are accurate and comprehensive. The Controller will also be a member of the Morbark executive team and will mentor accounting employees, fostering a culture of compliance and excellence in financial reporting. In terms of financial reporting, the Controller will prepare month-end and year-end financial statements that adhere to GAAP standards, provide supplemental reporting information to corporate accounting, and collaborate with the Division Controller on data and analysis requirements. The role also involves overseeing the chart of accounts, general ledger, and reporting systems to ensure compliance with GAAP, as well as ensuring that all balance sheet accounts and selected income statement accounts are reconciled monthly. The Controller will be responsible for maintaining regulatory compliance and ensuring the integrity and accuracy of financial data. The budgeting and forecasting responsibilities include preparing annual budgets and presentations for Board approvals, as well as monthly forecasts that analyze variances, risks, and opportunities. The Controller will establish and monitor performance metrics and KPIs for the organization, ensuring that financial goals are met. Operationally, the Controller will maintain cross-functional collaboration with operations, sales, and marketing teams to provide insights that support decision-making. This includes preparing labor and overhead rates for manufacturing cost accounting, managing net working capital, reviewing capital purchases, and identifying continuous improvement opportunities. The Controller will also support management with strategic analysis, understand risks and opportunities, and assist with mergers and acquisitions as necessary. Compliance is a critical aspect of this role, as the Controller will serve as a compliance officer, ensuring that internal controls and safeguards for assets are effective. This includes coordinating activities for annual audits and maintaining a documented system of accounting policies and procedures. The Controller will also ensure proper training across cross-functional teams to instill compliance within the organization.