Plant Controller

Plant Controller ($130K-$150K)

Summary:

The Plant Controller position functions as a business partner with plant and financial management to effectively manage and control the business. Reporting to the CFO, key areas of responsibilities include spend analysis, material & labor variance analysis, forecasting, management and reporting, asset safeguarding and evaluating/tracking cost opportunities. Will also partner with corporate financial staff, as required.

Essential Duties and Responsibilities include the following

Financial Reporting/Forecasting:

• Prepare monthly reports of results, monthly forecasts, annual operating plan and strategic planning for Cost of Goods Sold items
• Prepare monthly variance analysis and bridges versus prior periods/forecasts, for key income statement items
• Develop and/or review budget/forecast inputs such as component material cost, bills of material, labor & overhead rates, expense budgets for manufacturing and service departments
• Ensure bills of material and costing accurately reflect production operations, and responsible for maintenance of bill of materials and product standard costs
• Perform audits of bill of materials to ensure product costs are accurate and accounted for properly. Report on audit results monthly
• Prepare weekly and monthly margin reports
• Determine the appropriate inventory levels of finished goods and adjust the level based on production, shipping and returns.
• Ensure accuracy of physical inventory, investigate and explain variances

Spend Analysis and Control:

• Review labor reporting and cost, material costs, manufacturing overhead, distribution cost, returns and inventory levels. Highlight opportunities for improvement
• Cost analysis- review and understand major operational cost drivers including reporting of key parameters
• Labor analysis, including periodic reporting of key labor data/statistics
• Develop cost estimates for new product initiatives
• Review production variances (materials & labor) with management and help drive to root cause- in particular review of scrap data by area
• As needed, capture relevant material content, scrap, workforce, throughput rates of department for use in updating Standard to Actual
• Analyze potential excess and obsolete inventory items monthly
• Work closely with Operations Management to recommend optimum factory planning

Education/Experience:

• Bachelor's degree in accounting or business administration
• 5+ years as a Plant Controller or Cost Manager in a manufacturing environment
• Knowledge and experience of accounting computer applications
• Good technical computing skills including high level excel, and ability to work with data across multiple platforms
• Experience using an ERP system
• Inventory Management experience is a plus