Division Controller

HBM Holdings•South Bend, IN

2d•Onsite

About The Position

The Division Controller is based in South Bend, Indiana, reports directly to the Chief Financial Officer, and is responsible for the finances of Schafer Gear Works in South Bend. The role provides financial leadership to the location and works closely with operations, sales, and engineering, as well as Schafer Industries leadership, including the CFO and CEO, to support business strategy and develop and execute operating plans. The Division Controller performs and oversees plant accounting and financial processes. Responsibilities include monthly and annual close activities; management of inventory, accounts receivable, accrued expenses, and fixed assets; and preparation and analysis of financial statements. The position also conducts financial statement, customer-level, and part-level budget and prior-year variance analysis.

Requirements

Bachelor’s degree in Accounting.
At least 7 years of experience in industrial manufacturing, including lean accounting, inventory management, and product/customer profitability improvement.
Strong proficiency with Microsoft products, including Excel and PowerPoint.
Ability and desire to collaborate effectively with cross-functional personnel.
Ability to work in the United States without employer sponsorship.

Nice To Haves

Experience and advanced training.
Experience with Visual or a similar manufacturing ERP.

Responsibilities

Perform monthly and annual close activities, including journal entry preparation, account reconciliations, and financial statement preparation and analysis.
Manage accounts receivable collections and assist with customer delinquency issues.
Support operations and engineering purchasing through purchase order review and approvals and vendor management.
Manage customer credit memos and revenue discounts, and work with operations and quality to address returns and scrap issues.
Manage sales agent commissions and related accruals.
Direct physical inventory observations, manage inventory purchases to limit obsolescence, and work with operations leaders to reduce material costs across gear plants.
Direct the cost accounting function for the South Bend plants.
Work with operations personnel to manage and reduce variable costs, including overtime, unassigned labor, tooling and supplies, and equipment maintenance.
Manage plant property, plant, and equipment status with the engineering group, and assist with justifying machinery and equipment acquisitions or disposals.
Direct preparation, reporting, and analysis of plant operating budgets and business plans.
Review financial progress against approved plans and prior years, and regularly submit reports and recommendations for corrective action to the CFO and operations leadership.