Controller

IMI Process AutomationLake Forest, CA
$150,000 - $180,000Hybrid

About The Position

IMI plc is a global specialist engineering company that creates breakthrough solutions. We are curious and like to solve problems, partnering with our customers to solve the demands of today and prepare for the challenges of tomorrow. We embrace innovation and care about outcomes that are good for business, everyday life and making a better world – creating lasting impact for everyone. We design, build and service highly engineered products in fluid and motion control applications. We focus on five market sectors: Industrial Automation, Process Automation, Climate Control, Life Science, and Transport. Our partnership approach breaks through problems and reduces complexity. We don’t invent in isolation – we collaborate with our customers. We listen closely and we think differently, creating space for diverse minds to innovate. We are working together to make businesses safer, more sustainable and more productive. Based in Lake Forest and reporting to the Site FD, the role has responsibility for controllership, process development, financial reporting and audit of the CCI SoCal site. CCI SoCal is a $200m business, manufacturing and supplying critical valves and components to global customers.

Requirements

  • Experience in project- based, highly engineered custom product manufacturing businesses a must (i.e., sales process tied to new construction builds, product upgrades tied to plant outages)
  • Extensive knowledge of GAAP and IFRS
  • 10-15 years’ experience in financial management and team leadership roles. Experience within large multi-national, industrial/manufacturing business is an advantage
  • Experience in cost accounting and implementing a strong financial control environment
  • Bachelor in Management, Business or Finance; MBA or CPA

Nice To Haves

  • Six Sigma or process excellence background is a plus

Responsibilities

  • Timely and accurate reporting of financial performance for the business
  • Develop and implement critical, standardized performance measures to improve the financial performance of the site
  • Lead Operations forecasting processes for shipments, expenses, inventory & CapEx
  • Support the project management process, ensuring that project Management has up to date project costs and a comprehensive forecast of costs to complete on all projects
  • Partner with Operations leaders to implement Working Capital efficiency improvement programs
  • Analyze, manage, and optimize cash flow and performance
  • Responsibility for preparing audited financial information for statutory and group consolidation accounting purposes
  • Develop and oversee accounting policies and procedures to ensure compliance with relevant accounting standards, including revenue recognition in accordance with INCOTERMS
  • Prepare capital expenditure business cases for long term asset investments, including calculation of rates of return on investment and payback periods
  • Manage taxation activity of the site with the support of Group tax professionals
  • Management of US payroll and associated tax and benefits
  • Manage collections teams to ensure past due accounts are minimized
  • Understand and analyze site manufacturing costs and manufacturing staff utilization
  • Implement a high standard of financial controls
  • Act as a trusted business partner to the regional Leadership Team
  • Operate in an open manner and ensure ongoing development and training of staff
  • Promote a culture of opportunity, achievement, responsibility and personal development within the team

Benefits

  • Multiple health plans to choose from: HMO, PPO, and High Deductible Health Plans with a low-cost share
  • Best-in-class 401K plan with zero vesting and up to 6% contribution matching
  • 14-week maternity leave at full pay (Adoption benefits are equivalent)
  • 4-week paternity leave at full pay (Adoption benefits are equivalent)
  • Employee Resource Groups that offer community and support, like our Pride Network and Network of Women groups
  • PTO, encompassing inclusive holidays
  • Career Development opportunities (IMI’s ‘Catalyst’ Program)
  • Employer contribution for Health Savings Account, and in many cases free virtual telemedicine, and teletherapy.
  • Mental Health and wellness programs to support you and your family
  • Full suite of voluntary benefits to tap into, including but not limited to: Critical illness insurance, hospital indemnity, legal insurance, identity theft protection, and pet insurance or home & auto insurance through our discount advantage platform
  • Short & long-term disability as well as basic life insurance at 2x your basic salary at no cost to the employee
  • Free financial advisors, webinars, and classes through Charles Schwab
  • Annual Employee Stock Purchase Plan with option to purchase IMI shares at a reduced employee only price - no opportunity to lose, only to profit or refund your investment 100%
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