Operations Controller, Ohio Medical

ESAB•Gurnee, IL

1d•Onsite

About The Position

Ohio Medical, a global leader in medical air and vacuum pumping systems, suction, and oxygen therapy devices, operates an FDA-regulated facility adhering to ISO 13485, ISO 9001, and NFPA 99 standards. With a history spanning over 100 years, Ohio Medical has been a pioneer in the medical industry, known for innovations like The Ohio Monovalve and advancements in medical gas and oxygen therapy. In 2022, Ohio Medical joined The ESAB Corporation, continuing its mission to deliver innovative, high-quality products that prioritize patient safety. The Operations Controller is a key position supporting the Regional Finance Director Americas, focusing on managing inventory and collaborating with cross-functional teams to identify and implement strategies for cost reduction and increased plant productivity. A primary responsibility is to identify trends and opportunities within the business to support targeted inventory levels and minimize obsolete inventory.

Requirements

7+ years of relevant experience
3+ years supervisory experience
Strong knowledge of SOX and GAAP principles/regulations
Manufacturing; must have significant cost accounting experience
Familiarity with ERP systems
Bachelors’ Degree Required in Accounting/Finance required
Ability to multi-task and work well under pressure while meeting deadlines in a fast- paced environment.
The ability to process large amounts of numerical data.
Proficiency in Microsoft Excel and ERP Systems
Knowledge of, and hands on experience in continuous improvement initiatives.
Excellent analytical and problem-solving skills.
Strong management and leadership skills.
Effective communication skills.
Detail-oriented.
Excellent verbal and written communication skills

Nice To Haves

Epicor is a plus
MBA is a plus
CPA/CMA highly preferred

Responsibilities

Be the “Right Hand” to the Regional Finance Director Americas in managing inventory levels, and ensuring inventory is costed correctly for Ohio Medical.
Responsible for maintaining company’s costing standards including quarterly/annual cost rolls, assigning/updating burden rates, allocation of overhead expenses to product lines, and partnering with Supply Chain & Operations team to ensure accuracy and transparency in product costing.
Analyze cost for inventory, labor, material purchases, and variance analysis and recommendations for improvement.
Partner with the COO and Operations Team to complete and review inventory reporting for actuals and forecast.
Provide applicable analysis and commentary and explain actual variances to established benchmarks and support senior leadership business decisions to reach specified operational metrics.
Along with the Regional Finance Director, partner with the Operations Team to identify cost savings initiatives and projects to enhance plant productivity metrics.
Partner with applicable teams to optimize inventory, decrease excess and obsolete inventory, and prepare reporting to monitor metrics and achieve company targets.
Identify and implement improvements in the management reporting process to drive best practices into and across the finance organization.
Create and manage effective financial and operational metric system to provide management with concise information regarding “real time” company performance with respect to inventory.
Prepare ad-hoc analysis and reports as needed in support of both internal and external reporting.
Review CAPEX projects, prepare financial valuations, and present to senior leadership for review/approval
Ensure that inventory is being reported in compliance with GAAP and SOX regulations, including performing monthly/quarterly reconciliations and communicating applicable adjustments to senior leadership for review/approval.
Possess and promote a continuous improvement mindset throughout the finance and business organizations, partnering cross functionally to enhance current processes and drive results.