Controller

Dunmore International Corp•Bristol Township, PA

About The Position

Acquired by Steel Partners in February 2018 as part of the Diversified Industrial Segment, Dunmore manufactures innovative technical films for Aerospace, Automotive, Commercial Graphics, Packaging applications. Dunmore has deep expertise in novel coatings, films and multi-layer laminates based on 14,000 unique chemistries and constructions, and significant experience in handling foils, plastics and fabrics. As a trusted Industry partner for over 50 years, Dunmore collaborates with customers in high growth markets to design, develop and manufacture a range of highly engineered value-added product solutions. Dunmore clients include several Fortune 500 companies across 25+ countries and is a Gold Level Supplier to one of the world’s largest aircraft manufacturers. Dunmore’s mission is to delight its customers through technical innovation, high levels of service and open collaboration to solve difficult application problems. Summary The Controller is an integral part of the FASS management team, serving as a true business partner and financial counsel to the CFO and functional positions. The Controller position uses their interpersonal and communications skills to create superior credibility and leadership within the Dunmore management team, and down through all levels of the organization. The Controller works across many peers and indirect subordinates within the management team, all the while engaged in a hands-on, proactive, creative and disciplined manner. The Controller position has growth potential to increasingly responsible roles, potentially to the CFO level or Controller under the Steel Partners umbrella.

Requirements

Must be a “hands on” leader who demonstrates a willingness to dig into the details as needed to determine root cause and countermeasures.
Superior collaboration and communication skills, conflict management capabilities and strong executive presence/composure
Possesses a high sense of urgency.
Driven by very high expectations and delivers results, not “activity.”
A balance of humility and high confidence.
Collaborative and supportive of both team and outside the department.
Targets breakthrough performance, not simply incremental gain.
Thinks expansively and believes in achieving the unachievable.
Is highly autonomous and self-directed.
Is comfortable in a very direct and candid environment focused on results.
No surprises approach; transparency on financial issues.
Team player that has ability to create followership.
A bachelor’s degree in accounting or finance is required
Seven (7) to ten (10) + years Accounting/Operations Finance experience, including three (3) + years as the controller for a stand-alone operating company or division in a public company. The company/division should encompass multiple manufacturing locations (domestic and international); multi-site at the regional level; complex businesses and tax/legal entity structures.
Hands-on, on the ground experience in a middle market stand-alone operating company or operating division of a major global company.
Strong experience of partnering with senior operations and/or P&L leadership to drive superior financial performance in manufacturing/fabrication operations.
Must demonstrate a command of all aspects of the accounting function including cost accounting, AR, AP, exceptional operational accounting/finance experience (lean accounting experience preferred).
Strong process orientation and a track record of successfully improving the accounting and operations finance function.

Nice To Haves

MBA preferred.
CPA/CMA a plus but not required.

Responsibilities

Ensure accurate and timely submission of monthly financials into Steel Partners, including inventory reconciliation, WIP valuation, overhead absorption analysis, and intercompany eliminations. Provide insight into product margins and variances for the CFO.
Own the standard cost system, including periodic cost rolls, BOM and routing cost validation, and landed cost methodology. Analyze material, labor, and overhead variances and partner with operations to drive corrective actions and continuous improvement.
Automate and deploy KPI reporting and develop action plans to improve profitability.
Help the organization become highly data centric with easy to access real time information.
Maintain the financial integrity of the organization in accordance with GAAP. Establish and maintain a robust internal control environment, ensuring audit readiness and compliance with parent company reporting requirements.
Mentor and grow accounting staff. Ensure there are backfills and separation of duties for the key accounting functions. Educate non-finance members on accounting and finance matters that will assist in better business decisions.
Maintain all fixed assets, depreciation schedules, and capital project (CIP) accounting. Ensure overhead rate inputs reflect current asset base and utilization.
Ensure all AR and AP are collected and paid per contractual schedule.
Oversee inventory accounting across sites, including cycle count programs, reserve analysis for slow-moving and obsolete materials, scrap and yield accounting, and WIP accuracy.
Ensure financial integrity of cost data within the ERP system(s), including cost module configuration, overhead rate setup, and cost rollup accuracy during system transitions or upgrades.
Other Duties as needed or required.