Plant Controller

Voyant Beauty•Ridgefield, NJ

14h

About The Position

The Plant Controller will be responsible for overseeing all financial aspects of the manufacturing facility. This includes managing the plant's budget, financial reporting, cost control, inventory management, and compliance with company policies and regulations. The Plant Controller will partner with the Plant Manager and other key stakeholders to provide financial insights that support decision-making, improve operational efficiency, and drive profitability. The ideal candidate will have a strong understanding of manufacturing accounting principles and a proven track record in cost analysis and financial reporting.

Requirements

4-6 years in financial management within a manufacturing environment. (Required)
4-6 years proven experience in budgeting, forecasting, and financial reporting. (Required)
4-6 years understanding of cost accounting, inventory management, and variance analysis. (Required)
4-6 years with ERP systems (SAP, Oracle, etc.) and advanced Microsoft Excel skills. (Required)
Strong ability to prepare, interpret, and analyze financial statements (P&L, balance sheet, cash flow).
Must have a deep understanding of financial metrics and KPIs to assess plant performance and provide actionable insights.
Ability to analyze variances between budgeted and actual figures and recommend corrective actions. (High proficiency)
Expertise in cost accounting, budgeting, and managing the financial health of a plant.
Ability to create and manage plant budgets, identify cost savings, and track costs for materials, labor, and overhead.
Demonstrates proficiency in forecasting and identifying areas for cost optimization while maintaining budget compliance. (High proficiency)
In-depth knowledge of internal control processes, accounting policies, and regulatory requirements.
Ability to enforce financial policies, identify risks, and design effective controls.
Skilled in auditing and ensuring adherence to company policies and external regulations. (High proficiency)
Proficient in calculating and analyzing direct and indirect manufacturing costs, including labor, materials, and overhead.
Ability to allocate costs accurately and develop cost models for products, using standard costing, job costing, or activity-based costing methods. (High proficiency)
Skilled in financial forecasting techniques and creating models that predict financial outcomes, cash flow, and capital needs.
Ability to collaborate with leadership on long-term financial planning and scenario analysis, offering insights into future trends and growth opportunities. (High proficiency)
Excellent ability to present financial information in a clear and concise manner to non-financial stakeholders, such as plant leadership.
Strong written and verbal communication skills for reporting, presentations, and collaboration across teams.
Ability to communicate complex financial concepts in an accessible manner. (High proficiency)
Exceptional attention to detail in financial data entry, report generation, and audit processes.
Ability to spot discrepancies, inaccuracies, or inefficiencies in financial reports and operations.
Ensures all financial processes comply with standards and regulations. (High proficiency)
Proficiency with ERP systems such as SAP, Oracle, or similar software.
Capable of extracting financial and operational data from ERP platforms to support reporting, analysis, and decision-making.
Knowledge of system modules related to finance, production, and inventory is essential. (Medium proficiency)
Understanding of inventory management techniques and systems.
Ability to manage inventory levels, ensure accuracy in valuation, and optimize inventory turns.
Experience in reconciling physical inventory to financial records and minimizing obsolescence.
Familiarity with costing methods like FIFO, LIFO, and weighted average is a plus. (Medium proficiency)
Ability to work cross-functionally with plant operations, finance, and supply chain teams.
Leadership skills in managing a finance team, providing support, and guiding them through complex financial tasks.
Capable of fostering a collaborative environment to achieve financial objectives and plant goals (Medium proficiency)
Bachelor's Degree Accounting, Finance, Business Administration, or related field (Preferred)

Nice To Haves

4-6 years working in a co-manufacturing environment. (Preferred)
Certified Public Accountant (CPA) (Preferred)

Responsibilities

Prepare and analyze monthly financial statements, including profit and loss, balance sheets, and cash flow reports.
Monitor key performance indicators (KPIs) and financial metrics to support plant operations.
Provide detailed variance analysis and recommendations for improvement.
Collaborate with all site stakeholders to help them make informed decisions using data.
Provide insights and analysis to understand financial situations, identify opportunities and risks.
Develop, monitor, and adjust the plant’s annual budget, ensuring alignment with overall company financial goals.
Analyze and control direct and indirect manufacturing costs, including labor, materials, and overhead.
Ensure adherence to the budget by identifying discrepancies and implementing corrective actions.
Oversee inventory valuation, tracking, and reconciliation, ensuring accuracy in reporting.
Implement and maintain controls to reduce waste, improve inventory turns, and optimize stock levels.
Work with operations and supply chain teams to minimize inventory obsolescence.
Proactively Review job variance reports for accuracy and discuss findings with operations, challenging teams to drive improvement.
Ensure compliance with corporate accounting policies and procedures.
Monitor adherence to internal controls, audit guidelines, and risk mitigation protocols.
Conduct regular audits and support a controlled environment.
Develop product costing models and ensure accurate allocation of manufacturing costs.
Collaborate with the plant leadership team to provide forecasts for financial planning and decision-making.
Partner with operations and commercial teams to identify and prioritize CAPEX projects, ensuring a robust challenge to key business assumptions and investment criteria.
Assist in the preparation of capital expenditure proposals and track ROI for investments.
Support continuous improvement initiatives by providing financial data and insights.
Provide training and support for plant personnel on financial matters.
Participate in cross-functional teams to drive operational efficiency and cost reductions.
Provide ad hoc financial analysis, modeling, and consolidation as required or assigned.
Duties may vary slight by location.