Commercial Controller

Bitfactory; Milwaukee (WI); On-site; USD 120,000 - 150,000; Full time

Benefits offered by this job

Competitive compensation package

Health benefits (medical, dental, vision)

401(k) plan with company match

Paid time off

Job summary

Strattec Security Corp. is seeking a Commercial Controller in Milwaukee, WI, to provide strategic financial partnership and leadership. This role involves overseeing product quoting, improving financial reporting, and collaborating with various departments to support business growth. The ideal candidate should have over 15 years of experience in commercial finance within a Tier-1 automotive supplier and possess strong leadership and problem-solving skills. The position offers a competitive compensation package, comprehensive health benefits, and opportunities for professional growth.

Qualifications

• 15+ years of experience in commercial financial leadership, ideally in a Tier-1 automotive supplier.
• Ability to build and mentor teams, focusing on problem-solving and solutions.
• Experience in fast-paced environments with change management skills.

Responsibilities

• Lead financial management and reporting for new business initiatives.
• Drive transparency in product costing and financial decision-making.
• Summarize data for leadership's decision-making processes.

Skills

Leadership skills

Problem-solving

Interpersonal skills

Education

Bachelor’s degree in accounting

Job description

Responsibilities

The Commercial Controller acts as a strategic financial partner providing hands‑on leadership to ensure timely and accurate product quoting, improved commercial financial reporting and support of strategic pricing initiatives. This role reports to the Chief Financial Officer and ensures accurate, competitive, and profitable cost models that align with company margin targets, operational capabilities and long‑term customer strategies. The Commercial Controller partners closely with Sales, Engineering, Operations, Finance, Purchasing and Program Management to support new business awards and major commercial changes.

Key responsibilities include:

• Drive the vision, transformation and standard work for the commercial finance team, which supports organic growth opportunities through the pursuit of automotive OEM programs.
• Ensure the quality and reasonableness of financial and cost information used in quoting, make/buy and other program decisions and proactively surface risks and opportunities.
• Develop and mentor a team, driving consistent use of procedures and tools and the ability to summarize complex data into clear decision points for leadership.
• Develop constructive relationships with leadership and influence cross‑functional outcomes through strong business acumen and communication.
• Lead commercial reporting and forecasting (customer/product profitability) and the annual budgeting process for commercial inputs.
• Participate in company‑wide cross‑departmental and strategic initiatives.

Quoting, Costing & Estimating

• Review and evaluate the reasonableness of product costs across the breadth of products; challenge inputs, assumptions and estimating methodologies.
• Provide transparency of cost assumptions by participating in quote review meetings and summarizing risks and opportunities to decision points.
• Manage the team responsible for product cost development (e.g., labor and cycle time, overhead, equipment requirements, tooling and capital) for new business and changes to existing programs. Ensure lessons learned from launches and serial production are fed back into future quotes.
• Oversee annual quoting rate development and ensure timely, accurate inputs into quoting. Review complex bills of material and manufacturing/process assumptions for reasonableness; ensure product and process knowledge is applied appropriately.
• Lead benchmark cost model development, make/buy analysis and purchasing negotiation support, including target setting for purchased items (as applicable).
• Assist the innovation team in developing product cost targets and market pricing.

Commercial Finance & Program Health

• Provide financial leadership for new business opportunities and development programs, ensuring disciplined financial management throughout the development cycle prior to launch.
• Lead budgeting, planning and forecasting with the commercial team (e.g., volume, LTA’s, pricing, ED&D etc.) and track actual price realization.
• Actively monitor and manage accounts receivable past due (trade, ED&D, and tooling); work with the commercial team to identify root causes and corrective actions.
• Contribute to departmental initiatives and process improvements to enhance effectiveness, quality and cycle time.

Communication, Executive Reporting & Decision Support

• Summarize complex and high‑volume data into clear decision points for leadership while balancing accuracy with speed.
• Communicate and educate stakeholders on cost and commercial finance drivers, assumptions and implications to enable better decisions.
• Provide commercial input for OEM pricing models (piece price, tooling recovery, indexation, cost‑sharing).
• Provide month‑end reporting related to sales and pricing (by customer, by product).

Team Leadership & Governance

• Lead and develop the quoting organization.
• Define roles, responsibilities and performance metrics for the quoting function.
• Ensure compliance with internal controls, audit requirements and SOX‑related documentation.

Qualifications

The successful candidate must be a strong leader and financial partner, with the ability to build teams and strong problem‑solving and interpersonal skills. The Commercial Controller must bring a solutions‑oriented approach, be comfortable partnering with other leaders across the Company and be a positive change agent. Candidates should thrive in a fast‑paced environment and have demonstrated leadership skills in a Tier‑1 automotive supplier. Additional required skills and experience include:

• Previous commercial financial leadership experience in a Tier‑1 automotive supplier.
• Minimum of 15+ years of experience with a history of supporting growth and business transformation.
• Bachelor’s degree with a major in accounting from a four‑year college or university.

What We Offer

• Competitive compensation package, including base pay, regular salary reviews and short‑term incentive opportunities.
• Comprehensive health benefits, including medical, dental and vision coverage with eligibility starting on day one.
• Paid time off for vacation, holidays, sick time and bereavement for eligible employees.
• 401(k) retirement savings plan with company match up to 5 percent and immediate vesting.
• Company‑paid life insurance coverage to support you and your beneficiaries.
• Wellness program supporting physical, emotional and financial wellbeing, plus opportunities to volunteer and give back to your community.
• Additional local benefits may apply depending on location or facility.

Strattec is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to status as a protected veteran or a qualified individual with a disability, or other protected status such as race, religion, color, national origin, sex and age.