AMETEK
The Business Segment Controller is a key member of the business as the site finance lead and business partner to the BU segment manager. This position will be responsible for all financial reporting and analysis functions, operations reporting, compliance, and implementation of process improvements for the site. This is a hands-on operational accounting role that requires strength in product cost accounting and inventory management in a manufacturing environment. The position manages and coordinates the closure of financial systems and preparation of financial statements; coordination of monthly forecasts, working capital improvement initiatives, and detailed financial analysis of products and customers, making recommendations for improved operating results. The role also assists in monthly and quarterly financial reporting consolidation for the top-level business unit.
KEY RESPONSIBILITIES
Prepare and present the financial position of the business on a monthly, quarterly, and annual basis; perform fluctuation variance analysis to explain performance
Full responsibility for Revenue Recognition and timely sales reporting in an overtime accounting manufacturing environment
Managethe month-end closing process to ensure timely and accurate reporting per AMETEK guidelines; reviewand approvejournal entries and account reconciliations
Analyzetrend data in key performance indicators including Revenue, cost of sales, gross profit margin, expenses and working capital; communicatefindings and areas for improvement to senior management
Coordinatethe activities of multiple functions involved in the preparation of monthly forecasts and annual budgets; reports and explainforecasted data (orders, sales, profit and working capital) to senior management
Partnerwith Operations on the reporting and tracking of key KPI’s, including productivity, operational cost savings, value analysis and value engineering (VAVE), and new product development
Leadefforts to manage and reduce Working Capital, including Accounts Receivable, Inventory, Accounts Payable, Unbilled Revenue, and Customer Advance Payments
Ensureproper inventory management in relation to valuation (bill of materials, standard costs, and overhead rates), physical count accuracy, and provisionfor excess & obsolete inventory
Reviewcapital expenditure requests; preparenet present value calculations in support
Ensurecompliance with AMETEK accounting policies and procedures; assistwith the implementation of new accounting standards and manages departmental training as needed
Maintainand overseerobust internal controls environment, ensuringcompliance with quarterly and annual SOX requirements
Overseecompliance with and support for internal and external audits
Assistin monthly, quarterly, and annual reporting packages for the top-level business unit as required
REQUIREMENTS FOR CONSIDERATION
Bachelor\'s Degree in Accounting or Finance
CPA, CMA or Master\'s Degree preferred
Minimum 7+ years financial reporting, budgeting, forecasting and accounting, preferably within a multi-site manufacturing environment
Thorough knowledge of business finance, financial analysis and modeling
Minimum 3-5 years of leadership/management experience
Public company and M&A experience preferred
Strong understanding of US GAAP (including ASC 606 Revenue Recognition) and SOX 404 requirements
Proficient with MS Office Suite, notably Excel (including pivot tables) and PowerPoint
Working knowledge of ERP platforms (Oracle)
Proficient with financial consolidation reporting tools (HFM) and data analytics tools (Power BI)
Excellent communication across all levels (Business Units, Division, Corporate)
Ability to present confidently to Executive and/or Senior Divisional Leadership Team
Ability to meet strict deadlines and work independently
Travel: 10% business unit site visits, operational reviews, integration sessions
Position is subject to ITAR restrictions
What\'s in it for you:
Competitive Compensation &Holiday Pay.
Great Health Benefits, and 401(k) plans.
Paid Time Off per year.
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KEY RESPONSIBILITIES
Prepare and present the financial position of the business on a monthly, quarterly, and annual basis; perform fluctuation variance analysis to explain performance
Full responsibility for Revenue Recognition and timely sales reporting in an overtime accounting manufacturing environment
Managethe month-end closing process to ensure timely and accurate reporting per AMETEK guidelines; reviewand approvejournal entries and account reconciliations
Analyzetrend data in key performance indicators including Revenue, cost of sales, gross profit margin, expenses and working capital; communicatefindings and areas for improvement to senior management
Coordinatethe activities of multiple functions involved in the preparation of monthly forecasts and annual budgets; reports and explainforecasted data (orders, sales, profit and working capital) to senior management
Partnerwith Operations on the reporting and tracking of key KPI’s, including productivity, operational cost savings, value analysis and value engineering (VAVE), and new product development
Leadefforts to manage and reduce Working Capital, including Accounts Receivable, Inventory, Accounts Payable, Unbilled Revenue, and Customer Advance Payments
Ensureproper inventory management in relation to valuation (bill of materials, standard costs, and overhead rates), physical count accuracy, and provisionfor excess & obsolete inventory
Reviewcapital expenditure requests; preparenet present value calculations in support
Ensurecompliance with AMETEK accounting policies and procedures; assistwith the implementation of new accounting standards and manages departmental training as needed
Maintainand overseerobust internal controls environment, ensuringcompliance with quarterly and annual SOX requirements
Overseecompliance with and support for internal and external audits
Assistin monthly, quarterly, and annual reporting packages for the top-level business unit as required
REQUIREMENTS FOR CONSIDERATION
Bachelor\'s Degree in Accounting or Finance
CPA, CMA or Master\'s Degree preferred
Minimum 7+ years financial reporting, budgeting, forecasting and accounting, preferably within a multi-site manufacturing environment
Thorough knowledge of business finance, financial analysis and modeling
Minimum 3-5 years of leadership/management experience
Public company and M&A experience preferred
Strong understanding of US GAAP (including ASC 606 Revenue Recognition) and SOX 404 requirements
Proficient with MS Office Suite, notably Excel (including pivot tables) and PowerPoint
Working knowledge of ERP platforms (Oracle)
Proficient with financial consolidation reporting tools (HFM) and data analytics tools (Power BI)
Excellent communication across all levels (Business Units, Division, Corporate)
Ability to present confidently to Executive and/or Senior Divisional Leadership Team
Ability to meet strict deadlines and work independently
Travel: 10% business unit site visits, operational reviews, integration sessions
Position is subject to ITAR restrictions
What\'s in it for you:
Competitive Compensation &Holiday Pay.
Great Health Benefits, and 401(k) plans.
Paid Time Off per year.
#J-18808-Ljbffr