Business Segment Controller

Modern Machining Solutions Inc; Village of Mineola (NY); On-site; USD 175,000 - 225,000; Full time

Benefits offered by this job

Health benefits

401(k)

Paid time off

Professional development

Travel 10-15%

Job summary

Modern Machining Solutions Inc is seeking a hands-on Business Segment Controller to lead site finance, cost accounting, budgeting, forecasting, and compliance for the manufacturing unit in Mineola, NY.

Reporting to the Division VP of Finance, you will manage month-end close, product costing, working capital, and internal controls while partnering with operations to drive KPIs, cost reductions, and profitability.

Qualifications

• 7+ years of progressive manufacturing accounting and finance experience.
• 3-5 years of leadership or management experience.
• Strong knowledge of financial reporting, budgeting, forecasting, financial modeling, US GAAP, ASC 606, and SOX 404.
• Product cost accounting, inventory management, and working capital optimization.
• Public company and M&A experience preferred.
• Strong communication and presentation skills, with the ability to work independently and meet strict deadlines.

Responsibilities

• Lead monthly, quarterly, and annual financial reporting, month-end close, reconciliations, and variance analysis.
• Budgets & forecasts, analyzing revenue, profitability, expenses, and working capital.
• Monitor KPIs, improve productivity, reduce costs, and support product development.
• Oversee product costing, inventory valuation, physical counts, and excess and obsolete inventory reserves.
• Drive working capital improvements across accounts receivable, inventory, accounts payable, and other operating accounts.
• Evaluate capital expenditures & prepare financial analyses, inc: NPV calculations.
• Compliance with US GAAP, SOX requirements, internal controls, & company policies.
• Support internal and external audits and divisional reporting requirements.

Skills

Manufacturing cost accounting

US GAAP

SOX compliance

Budgeting & forecasting

Financial analysis

Leadership

Cross-functional collaboration

Excel

Power BI

Education

Bachelor's degree in Accounting or Finance

CPA or Master's degree preferred

Tools

Oracle

HFM

Power BI

Job description

Our client is a Fortune 500 global leader in designing and manufacturing advanced electronic instruments and electromechanical devices. With a $250MM business unit experiencing significant growth, the company offers an opportunity to make a meaningful impact within a dynamic, global organization.

Reporting to the Division Vice President of Business Unit Finance, the Business Segment Controller serves as the site finance lead and strategic business partner to the business unit manager. This hands-on leadership role oversees financial reporting, budgeting, forecasting, operational analysis, and compliance, with a strong emphasis on manufacturing cost accounting, inventory management, and working capital optimization.

Manufacturing experience is essential; specific industry or sector experience can vary

Key Responsibilities

• Lead monthly, quarterly, and annual financial reporting, month-end close, reconciliations, and variance analysis.
• Budgets & forecasts, analyzing revenue, profitability, expenses, and working capital.
• Monitor KPIs, improve productivity, reduce costs, and support product development.
• Oversee product costing, inventory valuation, physical counts, and excess and obsolete inventory reserves.
• Drive working capital improvements across accounts receivable, inventory, accounts payable, and other operating accounts.
• Evaluate capital expenditures & prepare financial analyses, inc: NPV calculations.
• Compliance with US GAAP, SOX requirements, internal controls, & company policies.
• Support internal and external audits and divisional reporting requirements.

Required Qualifications

• Bachelor's degree in Accounting or Finance; CPA or Master's degree preferred.
• 7+ years of progressive manufacturing accounting and finance experience
• 3-5 years of leadership or management experience.
• Strong knowledge of financial reporting, budgeting, forecasting, financial modeling, US GAAP, ASC 606, and SOX 404.
• Product cost accounting, inventory management, and working capital optimization.
• Excel and PowerPoint; experience with Oracle, HFM, and Power BI preferred.
• Public company and M&A experience preferred.
• Strong communication and presentation skills, with the ability to work independently and meet strict deadlines.

Compensation & Benefits

• $175,000-$225,000 base salary plus bonus.
• Comprehensive health benefits, 401(k), and paid time off.
• Entrepreneurial culture with less bureaucracy and a focus on work-life balance.
• Opportunities for career advancement, professional development, and mentorship.
• Travel: 10%-15% for site visits, operational reviews, and integration activities.