International Controller

Benjamin Moore & Co•Newark, NJ

About The Position

Benjamin Moore is proud to be a part of Berkshire Hathaway, which was recognized by Fortune magazine as the world's third most admired company. And for nearly 140 years, we’ve been a respected leader in the architectural coatings and home décor landscape; creating the products and tools that enrich and beautify thousands of communities each day. Benjamin Moore recognizes that our associates are the driving force behind our success, and we strive to provide a work environment where hard work, creativity, and purposeful collaboration are fostered and encouraged. We are committed to retaining, developing and attracting a diverse workforce that promotes an inclusive environment in which all employees are treated with dignity and respect. Join a company where innovation is constantly recognized as we look for individuals who produce world-class products, best-in-class services and customer experiences, design pioneering paints using the latest technologies, and deliver unparalleled value and brand experiences for our customers and retailer network. Click here to see how you can paint your future! Job Summary The International Controller will lead our Accounting function for BM Prudhoe Limited and C&R Scotland Limited entities based in the United Kingdom. This position is responsible for accurately accounting for inventory, cost of goods sold, and general accounting. and ensuring the integrity of the applicable financial statements, as well as creating analytical and reporting capabilities. This position reports to our US Corporate Director of Financial Reporting, Accounting, and Tax.

Requirements

A Chartered Accountant is required.
10+ years’ experience in the manufacturing industry.
Extensive SAP manufacturing and accounting knowledge.
Excellent Microsoft Office skills, particularly Excel.
Possess strong managerial and leadership skills. Must be able to train and develop staff.
Strong Communication, Analytical and Presentation Skills.
Ability to manage projects as needed and meet financial reporting deadlines.
Thinks proactively and has the ability to add value through creative, flexible work solutions (i.e., independence of thought) while exercising sound/professional judgment. Must be able to work independently with little supervision.
Strong problem-solving skills and the ability to research and resolve accounting issues.
Self-directed, highly driven, with a strong business sense and professional presence.

Responsibilities

Prepare an inventory and cost of goods sold monthly reporting package and supporting analyses to identify and explain trends, variances from expected and historical results, and potential issues and opportunities in the cost of sales, gross margin and fixed asset financial statement accounts.
Analyze manufacturing, distribution and logistics cost and volume trends, by cost type, plant and DC. Work with Operations, Logistics and Supply Chain teams on follow-up reviews as needed.
Oversee the monthly valuation of our BM Prudhoe Limited and C&R Scotland; excess, obsolete, and other reserve adjustments; and revaluation of inventory. Ensure journal entries are reviewed and approved, and all account analyses are correctly prepared. Must be able to identify and address potential errors in financial statement accounts.
Work with Corporate Accounting on monthly and quarterly on the completion of monthly and quarterly financial duties for both entities.
Work with Corporate FP&A team on the development of annual standard cost updates, cost center budgets and production/shipping volume budgets.
Work with Corporate Operations in the completion of annual physical inventories. Review and summarize overall audit results.
Understand general accounting topics inclusive but not limited to, Revenue Recognition, Fixed Asset Accounting, Lease Accounting and CapEx vs OpEx.
Prepare and submit VAT Tax filings
Review and approval of income tax provisions and annual tax return prepared by our third party income tax service providers
Collaborate with Entity Leadership to create annual budgets and forecasts for Profit & Loss Statement, Balance Sheet, Cash Flow and, Capital Expenditures
Monitor budget-to-actual performance and prior year, identify risks and opportunities, and recommend corrective actions to improve cost control, margin performance, and cash flow. Provide commentary.
Responsible for preparing quarterly board of directors’ presentations and recording meeting minutes
Work with external auditors on annual UK statutory audit filings
Review existing operating procedures, identify gaps and process improvement opportunities, and implement corrective action. Ensure procedures are properly documented in the event of staff turnover. Establish procedures to detect and correct data entry errors in procurement and operations that could result in inventory valuation errors.
Assess and implement necessary internal controls
Train, develop and lead staff.
Special projects as required.