Regional Controller

INRCORETorrington, CT
4hHybrid

About The Position

iNRCORE Group is a leading, vertically integrated provider of highly engineered, high-reliability, and high-performance passive electronic components.  We are known for manufacturing proprietary magnetics, capacitors, resistors, filters, and more.  We serve mission-critical data and power applications in the Defense, Aerospace & Avionics, Space, Smart Grid, Medical, AI/Data center, and Hi-Rel industrial markets. iNRCORE Group currently has fourteen (14) manufacturing facilities across the globe with more than one thousand (1000+) employees – and growing!  Our business entities include company names such as Bicron, Coast Magnetics, DYCO, Gowanda, iNRCORE, Passive Plus, RCD, Sentran, TTE, and Vanguard Electronics.  Our organization has a world-class reputation for innovation, quality products and expertise, and outstanding leadership.  Our talented staff is what makes this all possible.  We are actively seeking to hire highly skilled professionals to meet our growing demand and join our expanding team(s). We are currently seeking a Regional Controller for our Custom Magnetics business located in Torrington, CT. This role supports three business units and oversees key financial functions including close, reporting, budgeting, forecasting, cost accounting, and performance analysis. The Regional Controller partners closely with business leadership to deliver accurate financial insights and support strategic decision-making. This position reports to the Corporate Controller, with an indirect reporting line to the Business Unit President. The ideal candidate is a hands-on financial leader with strong technical accounting knowledge, operational finance experience, and a proven ability to lead teams in a fast-paced environment. This is a hybrid position located out of our Torrington, CT office. Details of the Role: The position of Regional Controller will be responsible for planning, directing, and managing all aspects of financial operations for three business units. This role oversees month-end close, AP/AR, treasury, cost accounting, budgeting, forecasting, financial reporting, and analysis. During the course of a standard workday, you will partner closely with business leaders to deliver accurate financial insights, drive performance, ensure compliance, and support strategic decision-making across the region.

Requirements

  • Bachelor’s Degree in Accounting or Finance; CPA or MBA preferred.
  • Minimum of ten (10) years of general ledger and financial reporting experience, including at least three (3) years in a managerial or leadership role.
  • Strong working knowledge of U.S. GAAP, SOX compliance, and IFRS.
  • Demonstrated experience in cost accounting, margin analysis, and operational finance.
  • Strong understanding of internal controls, audit requirements, and regulatory compliance.
  • Advanced proficiency with financial management systems (ERP systems) and Microsoft Office applications; Hyperion experience a plus.
  • Proven ability to lead, motivate, and develop high-performing teams.
  • Exceptional written and verbal communication skills, with the ability to translate complex financial data into actionable insights for non-financial leaders.
  • Strong analytical, problem-solving, and decision-making skills.
  • High attention to detail with a commitment to accuracy, integrity, and compliance.
  • Strong organizational and time management skills with the ability to manage competing priorities in a fast-paced environment.
  • Self-directed, results-oriented, and capable of working independently with minimal supervision.
  • Experience supporting multi-business-unit or complex operational environments preferred.
  • Ability to operate strategically while remaining hands-on and execution-focused.

Responsibilities

  • Lead and manage the monthly closing process in accordance with established timelines, including: 1. Review and approval of journal entries 2. Oversight of balance sheet reconciliations 3. Analysis of period-over-period variances 4. Year-end close, E&O Review, Lease Accounting adjustments.
  • Prepare, review, and analyze monthly, quarterly, and annual financial statements in compliance with U.S. GAAP.
  • Ensure accuracy, completeness, and timeliness of all financial reporting.
  • Lead the annual budgeting and periodic forecasting processes in collaboration with department leaders.
  • Monitor financial performance against budget and forecast, analyze variances, and recommend corrective actions.
  • Develop and maintain financial models and performance metrics to support operational and strategic goals.  Specifically around material purchases and margin analysis.
  • Serve as primary financial partner to the Business Unit Leader and operations management.
  • Collaborate with operations to establish labor and overhead rates and analyze cost variances.
  • Provide actionable recommendations to improve profitability, efficiency, and margin performance.
  • Support pricing strategies, capital investment decisions, and operational initiatives.
  • Develop, implement, and maintain financial policies, procedures, and internal controls.
  • Ensure compliance with U.S. GAAP, SOX requirements, and company policies.
  • Serve as primary point of contact for auditors for respective businesses.
  • Oversee annual physical inventory processes and reconciliation.
  • Lead, manage, and develop the accounting team.
  • Establish clear performance expectations and provide ongoing coaching and feedback.
  • Support professional development and succession planning within the team.
  • Foster a culture of accountability, continuous improvement, and collaboration.
  • Provide financial analysis to support strategic initiatives, acquisitions, capital projects, and system implementations.
  • Lead and participate in cross-functional projects assigned.
  • Identify opportunities for process improvement, automation, and efficiency gains.
  • Partner with BU leader on regular cadence to understand business developments, key customer activities and operational challenges.  This includes meetings with Sales and Operations leaders.
  • Provide financial analysis and support for strategic decision-making, including investment opportunities, capital expenditures, and pricing strategies.
  • Assist in the preparation of monthly Business Unit financial packages, quarterly Board Decks, annual Strategic Plans as well as various projects as needed.

Benefits

  • Excellent earning potential with qualifying annual bonuses
  • Health, Dental, and Vision Benefits 
  • Elective Flexible Spending and Dependent Care Accounts
  • Company paid and elective buy-up Life & AD&D Insurance 
  • Company paid Short-Term Disability and Elective Long-Term Disability
  • Elective Critical Illness, Hospital Indemnity, and Supplemental Accident Coverage Benefits
  • 401(k) Retirement Savings Plan with qualifying Company match
  • Company paid mental health and Employee Assistance Program (EAP)
  • Paid Holidays and generous paid time off (PTO)
  • Employee Discount Program (LifeMart via ADP)
  • Tuition Reimbursement for qualifying degrees and certification programs.
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