Finance Controller

Magnum Venus Products Inc • Lenoir City, TN

4d

About The Position

Magnum Venus Products (MVP) is a global manufacturer of fluid movement and production solutions for industrial applications in composites and adhesives markets. MVP collaborates with its customers to offer tailored production solutions to meter, mix, dispense, and apply materials. For over 80 years, MVP has been a leading equipment provider for the marine, infrastructure, pool and bath, oil & gas, transportation, aerospace, and wind industries.

As a family-owned business, MVP serves its customers and communities with integrity and respect to create a better experience. Our same core values with which the company was founded on 80 years ago continue to guide us today as we create a better experience for our employees, customers, and communities.

MVP proudly offers a competitive medical (partially Company-paid), dental, vision, life and disability plan; 401k retirement plan with a 3% match; Paid Time Off (starting at 13 days per year); 9 Company-paid holidays; 2 Floating holidays.

Job Summary: In this role, you will manage and maintain the cost/operational accounting system, incorporating understanding of manufacturing operations and generally accepted accounting practices. This position will take direction with general supervision from the finance director and requires interaction with all levels of the organization.

Requirements

• Bachelor s degree in Accounting or Finance, CPA or CMA preferred
• Strong knowledge of GAAP and manufacturing accounting principles
• 5+ years experience in manufacturing and operational accounting
• Excellent analytical, communication, and leadership skills
• Proficiency with accounting software and ERP systems
• Ability to lift and carry up to 20 lbs.
• Other physical activity may include standing, climbing, stooping, bending, reaching, and frequent use of hands and fingers

Responsibilities

• Prepare and analyze monthly/quarterly financial statements, variance reports, and key performance indicators (KPI)
• Assist preparing and managing management of annual budgets and monthly forecasts
• Monitor, analyze and control production costs, inventory valuation, and production variances weekly to perform necessary adjustments and improve profitability prior to month-end
• Performs monthly GM analysis, works with Pricing Manager to optimize profitability
• Collaborate with operations to optimize resource allocation, reduce costs, and improve processes
• Reconcile balance sheet positions monthly, prepare, review and post journal entries daily as required
• Establish, maintain and enforce robust internal controls to ensure financial integrity
• Prepare weekly cash flow forecast for following 16 business weeks, works closely with shared services manager to establish KPI’s and manage weekly cash inflow and outflow
• Process operational CapEx requests, track spending and capitalization of assets as required
• Finance lead for annual physical inventory and monthly cycle counts; work with the operational resources responsible for these processes to assure timely and accurate counts
• Performs annual cost roll and inventory revaluation. Works with purchasing and operations management to enhance accuracy of cost components
• Liaison for annual review and tax preparation for US and Canada
• Direct supervision of shared services team and other finance team members

Benefits

• competitive medical (partially Company-paid), dental, vision, life and disability plan
• 401k retirement plan with a 3% match
• Paid Time Off (starting at 13 days per year)
• 9 Company-paid holidays
• 2 Floating holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 101-250 employees