Plant Controller

$140,000 - $150,000/Yr

Confidential - Holmdel, NJ

Full-time - Mid Level

Holmdel, NJ

About the position

The Plant Controller will oversee all financial aspects of the manufacturing facility, including budget management, financial reporting, cost control, inventory management, and compliance with company policies. This role partners with the Plant Manager and key stakeholders to provide financial insights that support decision-making, improve operational efficiency, and drive profitability. The ideal candidate will possess a strong understanding of manufacturing accounting principles and a proven track record in cost analysis and financial reporting.

Responsibilities

• Prepare and analyze monthly financial statements, including profit and loss, balance sheets, and cash flow reports.
• Monitor key performance indicators (KPIs) and financial metrics to support plant operations.
• Provide detailed variance analysis and recommendations for improvement.
• Develop, monitor, and adjust the plant's annual budget, ensuring alignment with overall company financial goals.
• Analyze and control direct and indirect manufacturing costs, including labor, materials, and overhead.
• Ensure adherence to the budget by identifying discrepancies and implementing corrective actions.
• Oversee inventory valuation, tracking, and reconciliation, ensuring accuracy in reporting.
• Implement and maintain controls to reduce waste, improve inventory turns, and optimize stock levels.
• Work with operations and supply chain teams to minimize inventory obsolescence.
• Ensure compliance with corporate accounting policies and procedures.
• Monitor adherence to internal controls, audit guidelines, and SOX compliance.
• Conduct regular audits and risk assessments.
• Develop product costing models and ensure accurate allocation of manufacturing costs.
• Collaborate with the plant leadership team to provide forecasts for financial planning and decision-making.
• Assist in the preparation of capital expenditure proposals and track ROI for investments.
• Support continuous improvement initiatives by providing financial data and insights.
• Provide training and support for plant personnel on financial matters.
• Participate in cross-functional teams to drive operational efficiency and cost reductions.

Requirements

• Bachelor's Degree in Accounting, Finance, Business Administration, or related field (Preferred)
• 4-6 years in financial management within a manufacturing environment (Required)
• 4-6 years proven experience in budgeting, forecasting, and financial reporting (Required)
• 4-6 years understanding of cost accounting, inventory management, and variance analysis (Required)
• 4-6 years with ERP systems (SAP, Oracle, etc.) and advanced Microsoft Excel skills (Required)

Nice-to-haves

• Certified Public Accountant (CPA) (Preferred)
• Experience with GAAP (4 years preferred)

Benefits

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance