Business Segment Controller

Launching Point

Village of Mineola (NY)

On-site

USD 175,000 - 225,000

Full time

3 days ago
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Benefits offered by this job

Performance bonus
Health benefits
401(k) plan
Paid time off
Career development
Mentorship

Job summary

Launching Point, based in Mineola, NY, seeks a Business Segment Controller to lead site finance, drive manufacturing cost accounting, and manage inventory and working capital. The role reports to the Division Vice President of Business Unit Finance and emphasizes cost control, compliance with US GAAP and SOX, and strategic partnership with the business unit manager.

The position requires 7+ years in manufacturing accounting, leadership experience, and proficiency in Oracle/HFM/Power BI.

Qualifications

  • Bachelor’s degree in Accounting or Finance required.
  • 7+ years of manufacturing accounting experience.
  • 3–5 years of leadership experience.
  • Strong knowledge of budgets, forecasting, and US GAAP.

Responsibilities

  • Lead monthly, quarterly, and annual close and variance analysis.
  • Oversee budgeting, forecasting, and working capital initiatives.
  • Analyze product costing, inventory valuation, and physical counts.
  • Ensure SOX compliance and support internal and external audits.
  • Collaborate with BU finance and operations leaders.

Skills

Budgeting
Forecasting
US GAAP
SOX compliance
Cost accounting
Inventory management
Leadership
Financial analysis
Communication
Excel
Power BI

Education

Bachelor’s degree in Accounting or Finance
CPA or Master’s degree preferred

Tools

Oracle
HFM
Power BI
Excel
PowerPoint

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.
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