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Plant Controller

Dana Incorporated•Warren, MI

About The Position

The Plant Controller coordinates and administers financial controls for the plant, including profit planning, expense budgets, cash management, cost standards, savings opportunities, and capital investing. The role prepares financial reports and statements, analyzes performance against operating plans and standards, develops financial indicators, and advises management on trends and budget variances. The Plant Controller protects business assets through internal controls and auditing, assesses insurance coverage, manages property and casualty insurance matters and renewals, monitors workers’ compensation reserves, and ensures compliance with federal, state, and local taxes. The position also determines depreciation rates for financial and tax purposes, provides information to the Mexico plant, and leads accounting process improvements to streamline procedures, adopt best practices, and reduce the closing cycle. The role supervises personnel by defining and communicating responsibilities and authority, selecting qualified staff, and ensuring effective on-the-job training.

Requirements

  • Bachelor’s degree in accounting or finance.
  • 8+ years of experience, ideally gained through increasingly responsible management positions in finance.
  • 2+ years of recent experience with responsibility for accounts, budgeting, credit and collections, finance, and cost accounting.
  • Working knowledge of manual and automated accounting systems.
  • Well-developed financial analysis capabilities.
  • Demonstrated ability to manage microcomputer operations and applications.
  • Sound administrative skills and well-developed management skills, including management principles and people skills.

Responsibilities

  • Coordinate and administer financial controls, including profit planning, expense budgets, cash management, cost standards, savings opportunities, and capital investing.
  • Prepare the Comerica collateral report and daily cash flow forecast.
  • Compare financial performance with operating plans and standards, report and interpret operating results, formulate accounting policies and procedures, and prepare financial statements, operating data, and special reports.
  • Protect business assets through internal controls and internal auditing; evaluate and recommend insurance coverage for property losses and potential liabilities.
  • Provide the Mexico plant with information needed to carry out its responsibilities.
  • Develop and monitor key financial indicators and advise management about trends and budget variances.
  • Define and communicate the duties, responsibilities, and authority of supervised roles; select qualified personnel and ensure effective on-the-job training.
  • Ensure compliance with federal, state, and local taxes.
  • Determine depreciation rates for financial and tax purposes.
  • Monitor workers’ compensation reserves.
  • Manage property and casualty insurance issues and annual renewal.
  • Streamline accounting processes and procedures, implement best practices, and minimize days in the closing cycle.

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