LM Manufacturing
JOB SUMMARY
Reporting directly to the President/CEO, the Plant Controller serves as the senior financial leader of the organization, responsible for overseeing all accounting operations and maintaining the accuracy and integrity of financial reporting. This role plays a vital part in budgeting, cost control, and optimizing financial performance to align with strategic business goals. The Controller will manage payroll, ensure compliance with all regulatory requirements, and utilize the SAP ERP system to enhance financial processes and data management. Working closely with manufacturing and assembly teams, the Controller will deliver financial insights that drive efficiency, profitability, and sound decision-making. Above all, this position safeguards the company’s financial health while effectively managing risk. In addition to these responsibilities, the Plant Controller role offers a clear path for career advancement. Based on demonstrated performance, leadership, and contributions to organizational growth, this position may progress into higher-level opportunities such as Director of Finance, VP of Finance, or Chief Financial Officer (CFO). This pathway underscores LM Manufacturing’s commitment to developing strong financial leadership that supports both immediate operational needs and long-term strategic success. ESSENTIAL DUTIES AND RESPONSIBILITIES
Provides leadership and daily direction to the Finance Department (Assistant Controller, Accountant, Payroll Administrator, Accounts Payable Administrator(s) and Account Receivable Administrator). Ensures all accounting transactions are recorded in an effective and timely manner in accordance with GAAP. Writes month end journal entries and accruals. Performs month end accounting functions including balance sheet account reconciliations. Primary interface with Magna on Budgets, month end report outs and other items Ensures proper execution of the financial aspect of the LM Manufacturing JV Agreement with Magna. Works with all departments to develop multi year budgets annually and forecasts quarterly. Coordinates with Finance Department personnel to provide daily and weekly updates to Internal departments on performance to budget and recommends actions to improve financial performance to budget. Balances intercompany accounts. Completes weekly cash forecast. Assists with analyzing and evaluating plant operating expenses. Assists with year-end closing. Completes monthly assets performance package. Assists in budget and forecasting. Takes the Lead on conducting internal and external auditing procedures; and ensures Management Controls are in compliance with Sarbanes Oxley 404. Ensures the thoroughness and timely completion of scheduled performance reviews for all employees under their supervision. Ensures that the Corporate Quarterly Schedules are completed on time. Provides information for the Minority spending on a monthly basis. Inventory Tag Control for physical inventory done annually. Ensures all Company policies, procedures, plant standards, and safety rules are consistently adhered to. Supports and enforces the Company goals and objectives, and decisions and policies by taking ownership and communicating these in a positive and supportive manner. Displays a positive attitude towards safety, works safely and follows all the Company's safety policies and procedures. Complies with all Health, Safety and Environmental standards and the Occupational Health & Safety Act. and the Michigan Occupational Health & Safety Act. Ensures all employees and visitors have a safe environment in that safety and housekeeping standards are maintained; and all hazards, unsafe actions, or unsafe conditions have been identified, corrected, and/or eliminated. Responds to and investigates all reports of injuries, accidents, illnesses, near misses and property damage immediately. Completed other duties as assigned. Note : If there is reason to believe that any equipment, or physical condition of the workplace is likely to endanger the employee or co-worker, or is in contravention of OSHA and MISOHA, notify management immediately. If there is any reason to believe that any equipment, physical condition of the workplace or assigned task is likely to jeopardize customer’s requirements, internal requirements or the quality of tests results and/or equipment build, notify management immediately. Authorities as detailed in our Quality System for ISO/TS16949 2009 including but not limited to Corrective and Preventative Actions, Control of Documents, Control of Records, Internal Audits and Control of Nonconforming Product. QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty and responsibility satisfactorily. The requirements listed below are representative of the knowledge, skill, ability and/or physical demands required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. EDUCATION/CERTIFICATION/LICENSURE
Bachelor’s Degree in Accounting, Finance or related field; or an equivalent combination of education and experience. EXPERIENCE
Minimum 8 years’ experience in accounting to include managing company financial summaries such as month-end, year-end and operation reviews, managing the year-end auditing process, developing business plans, developing cost containment systems, researching and analyzing cost containment/profit improvement systems, and analyzing, recommending and managing financial information systems. Minimum 3 years’ supervisory experience. Broad knowledge and application of modern quantitative and qualitative financial analysis techniques such as cash flow, new present value return of assets/investments, differential analysis, depreciation, working capital and/or investments. Must be familiar with cost accounting methods relating to OEM applications in a manufacturing environment. Proven interpersonal skills, the ability to deal effectively with others and manage a team. KNOWLEDGE/SKILLS/ABILITIES
Demonstrates strong leadership skills with excellent written and verbal communication skills. Demonstrates a high level of interpersonal skills to effectively communicate and present information to customers, suppliers, vendors, management, employees and corporate personnel. Excellent analytical, problem resolution and project management skills. Knowledgeable of cost accounting methods relating to OEM applications in a manufacturing environment. Proficient in Word, Excel and accounting/finance software systems. WORKING CONDITIONS/PHYSICAL ABILITIES
Work performed in an office and manufacturing plant environments. Normal mobility to move around an office environment, able to conduct normal amount of work at a computer.
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Reporting directly to the President/CEO, the Plant Controller serves as the senior financial leader of the organization, responsible for overseeing all accounting operations and maintaining the accuracy and integrity of financial reporting. This role plays a vital part in budgeting, cost control, and optimizing financial performance to align with strategic business goals. The Controller will manage payroll, ensure compliance with all regulatory requirements, and utilize the SAP ERP system to enhance financial processes and data management. Working closely with manufacturing and assembly teams, the Controller will deliver financial insights that drive efficiency, profitability, and sound decision-making. Above all, this position safeguards the company’s financial health while effectively managing risk. In addition to these responsibilities, the Plant Controller role offers a clear path for career advancement. Based on demonstrated performance, leadership, and contributions to organizational growth, this position may progress into higher-level opportunities such as Director of Finance, VP of Finance, or Chief Financial Officer (CFO). This pathway underscores LM Manufacturing’s commitment to developing strong financial leadership that supports both immediate operational needs and long-term strategic success. ESSENTIAL DUTIES AND RESPONSIBILITIES
Provides leadership and daily direction to the Finance Department (Assistant Controller, Accountant, Payroll Administrator, Accounts Payable Administrator(s) and Account Receivable Administrator). Ensures all accounting transactions are recorded in an effective and timely manner in accordance with GAAP. Writes month end journal entries and accruals. Performs month end accounting functions including balance sheet account reconciliations. Primary interface with Magna on Budgets, month end report outs and other items Ensures proper execution of the financial aspect of the LM Manufacturing JV Agreement with Magna. Works with all departments to develop multi year budgets annually and forecasts quarterly. Coordinates with Finance Department personnel to provide daily and weekly updates to Internal departments on performance to budget and recommends actions to improve financial performance to budget. Balances intercompany accounts. Completes weekly cash forecast. Assists with analyzing and evaluating plant operating expenses. Assists with year-end closing. Completes monthly assets performance package. Assists in budget and forecasting. Takes the Lead on conducting internal and external auditing procedures; and ensures Management Controls are in compliance with Sarbanes Oxley 404. Ensures the thoroughness and timely completion of scheduled performance reviews for all employees under their supervision. Ensures that the Corporate Quarterly Schedules are completed on time. Provides information for the Minority spending on a monthly basis. Inventory Tag Control for physical inventory done annually. Ensures all Company policies, procedures, plant standards, and safety rules are consistently adhered to. Supports and enforces the Company goals and objectives, and decisions and policies by taking ownership and communicating these in a positive and supportive manner. Displays a positive attitude towards safety, works safely and follows all the Company's safety policies and procedures. Complies with all Health, Safety and Environmental standards and the Occupational Health & Safety Act. and the Michigan Occupational Health & Safety Act. Ensures all employees and visitors have a safe environment in that safety and housekeeping standards are maintained; and all hazards, unsafe actions, or unsafe conditions have been identified, corrected, and/or eliminated. Responds to and investigates all reports of injuries, accidents, illnesses, near misses and property damage immediately. Completed other duties as assigned. Note : If there is reason to believe that any equipment, or physical condition of the workplace is likely to endanger the employee or co-worker, or is in contravention of OSHA and MISOHA, notify management immediately. If there is any reason to believe that any equipment, physical condition of the workplace or assigned task is likely to jeopardize customer’s requirements, internal requirements or the quality of tests results and/or equipment build, notify management immediately. Authorities as detailed in our Quality System for ISO/TS16949 2009 including but not limited to Corrective and Preventative Actions, Control of Documents, Control of Records, Internal Audits and Control of Nonconforming Product. QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty and responsibility satisfactorily. The requirements listed below are representative of the knowledge, skill, ability and/or physical demands required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. EDUCATION/CERTIFICATION/LICENSURE
Bachelor’s Degree in Accounting, Finance or related field; or an equivalent combination of education and experience. EXPERIENCE
Minimum 8 years’ experience in accounting to include managing company financial summaries such as month-end, year-end and operation reviews, managing the year-end auditing process, developing business plans, developing cost containment systems, researching and analyzing cost containment/profit improvement systems, and analyzing, recommending and managing financial information systems. Minimum 3 years’ supervisory experience. Broad knowledge and application of modern quantitative and qualitative financial analysis techniques such as cash flow, new present value return of assets/investments, differential analysis, depreciation, working capital and/or investments. Must be familiar with cost accounting methods relating to OEM applications in a manufacturing environment. Proven interpersonal skills, the ability to deal effectively with others and manage a team. KNOWLEDGE/SKILLS/ABILITIES
Demonstrates strong leadership skills with excellent written and verbal communication skills. Demonstrates a high level of interpersonal skills to effectively communicate and present information to customers, suppliers, vendors, management, employees and corporate personnel. Excellent analytical, problem resolution and project management skills. Knowledgeable of cost accounting methods relating to OEM applications in a manufacturing environment. Proficient in Word, Excel and accounting/finance software systems. WORKING CONDITIONS/PHYSICAL ABILITIES
Work performed in an office and manufacturing plant environments. Normal mobility to move around an office environment, able to conduct normal amount of work at a computer.
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