Masis Staffing is seeking a Controller (Manufacturing / Cost Accounting) for a client in Littleton, MA. This is a full-time role, onsite 5 days a week.
Essential Functions
Financial close, reporting, and leadership
- Manage and review timely and accurate month-end, quarter-end, and year-end close processes, including journal entries, accruals, reconciliations, and management reporting.
- Prepare, review, and analyze monthly financial statements in accordance with U.S. GAAP and company policies.
- Analyze departmental and company-wide P&L results compared to budget, forecast, prior year, and operating plans.
- Prepare financial reporting packages and supporting analysis for senior management, executive leadership, Board of Directors, auditors, and other stakeholders.
- Develop and maintain accounting policies and procedures to ensure consistency, compliance, and scalability.
- Supervise, mentor, and develop accounting staff, fostering accountability, accuracy, collaboration, and continuous improvement.
Cost accounting, inventory, and manufacturing finance
- Own and manage the company’s cost accounting function, including standard costing, actual costing analysis, inventory valuation, product costing, and manufacturing variance analysis.
- Maintain and review standard costs, labor rates, overhead rates, material burden rates, and manufacturing cost assumptions.
- Analyze and report manufacturing variances, including purchase price variance, material usage variance, labor efficiency variance, overhead absorption, production volume variance, and inventory revaluation impacts.
- Partners with Manufacturing, Operations, Supply Chain, Procurement, and Engineering to understand cost drivers, production performance, inventory movements, and margin trends.
- Support product margin analysis, project profitability analysis, cost reduction initiatives, and operational KPI reporting.
- Review inventory reserves, excess and obsolete inventory calculations, slow-moving inventory analysis, and lower-of-cost-or-market considerations.
- Ensure accurate accounting for raw materials, work-in-process, finished goods, spare parts, service inventory, and project-based inventory, as applicable.
- Support periodic cycle counts, annual physical inventories, and reconciliation of inventory discrepancies.
- Coordinate with operations teams to improve inventory accuracy, transaction discipline, and cost reporting.
- Develop reporting that provides visibility into manufacturing costs, absorption, inventory turns, gross margin, and operational performance.
- Provide financial support for make-versus-buy decisions, capital investment analysis, production efficiency initiatives, and manufacturing process improvements.
Technical accounting, controls, and compliance
- Serve as a technical accounting resource for complex accounting matters, including revenue recognition, inventory accounting, leases, capitalized costs, impairments, consolidation, foreign currency, and other applicable accounting areas.
- Establish, maintain, and improve internal controls over financial reporting, accounting operations, inventory, cost accounting, cash, fixed assets, revenue recognition, and financial systems.
- Lead or support development of the Annual Operating Plan, capital budget, and periodic forecasts.
- Provide monthly variance analysis for revenue, gross margin, operating expenses, inventory, manufacturing costs, and capital spending.
Global, consolidation, and tax support (as applicable)
- Manage monthly consolidation and reporting of foreign entities, subsidiaries, or affiliated companies, as applicable.
- Review intercompany transactions and monthly intercompany reconciliations.
- Ensure proper accounting for foreign currency transactions, translation adjustments, and intercompany balances.
- Support finance and accounting activities related to global expansion, international operations, or new entity setup.
- Maintain fixed asset and intangible asset schedules, including additions, disposals, depreciation, amortization, and roll-forward files.
- Support federal, state, local, and international tax filings, census reporting, and other required compliance activities.
- Coordinate with external tax advisors to support income tax, sales and use tax, property tax, and other tax-related matters.
- Oversee the integration of AI within accounting operations and financial reporting by leveraging automated solutions to streamline the month-end close, enhance cost accounting precision, and optimize inventory valuation.
- Implement AI-driven tools to strengthen internal controls and support audit readiness, while maintaining compliance with industry-specific regulatory requirements and quality standards.
Education, Training, and Experience
- Bachelor’s degree in Finance, Accounting, or Business Administration required; CPA preferred (or equivalent experience).
- Minimum 7 years of experience in Finance/Accounting.
- 5+ years of cost accounting experience in a manufacturing environment (medical device manufacturing preferred).
- Strong business acumen with excellent interpersonal, communication, and negotiation skills.
- Proven ability to use AI tools to improve processes and productivity.
- Motivated self-starter able to work under pressure and manage multiple priorities.
- Collaborative, team-oriented leader with the ability to influence stakeholders (including without direct authority).
- Strong analytical, written, and verbal communication skills.
- Medical device manufacturing, aerospace, or heavy equipment industry experience preferred.
Physical and Environmental Considerations
- Ability to sit/stand for extended periods.
- Required use of standard office equipment (laptop, phone, copier, etc.).
- Typical office environment.
- Ability to safely walk through a factory/manufacturing environment.