Controller

Whitefish Search Partners; Red Wing (MN); On-site; USD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Controller to lead financial operations with a focus on inventory management and cost accounting. This pivotal role involves overseeing compliance with GAAP, managing audits, and leading a dedicated accounting team. You will develop and implement best practices to enhance productivity and accuracy while providing strategic insights for budgeting and forecasting. Join a dynamic team where your analytical skills and leadership will drive financial success and operational efficiency. If you're ready to make a significant impact in a manufacturing environment, this opportunity is perfect for you.

Qualifications

• 5+ years of experience in accounting or finance in a manufacturing environment.
• Strong knowledge of inventory management and cost accounting.

Responsibilities

• Oversee financial operations ensuring compliance with GAAP.
• Lead month-end and year-end closing processes.
• Develop annual budgets and financial forecasts.

Skills

Inventory Management

Cost Accounting

Variance Analysis

Financial Reporting

Analytical Skills

Leadership

Communication Skills

Education

Bachelor's degree in Accounting

CPA, CMA, or MBA

Tools

ERP systems (Infor Preferred)

Excel

Job description

This key financial leadership role (Controller) will oversee the accounting operations with a strong focus on inventory management, cost accounting, and variance analysis to ensure financial accuracy and operational efficiency.

Key Responsibilities:

• Oversee the company’s financial operations, ensuring compliance with GAAP and internal policies.
• Prepare and analyze financial statements, including balance sheets, income statements, and cash flow reports.
• Lead month-end and year-end closing processes.
• Manage financial audits and coordinate with external auditors and tax advisors.

Accounting Department Management:

• Lead and manage the accounting team, including two direct reports (AR & AP staff).
• Provide guidance, mentorship, and performance management to ensure efficiency and accuracy in financial processes.
• Establish and maintain strong internal controls to safeguard company assets.
• Develop and implement best practices to enhance department productivity and accuracy.

Inventory Management & Cost Accounting:

• Develop and maintain accurate inventory accounting processes, including tracking, valuation, and reconciliation.
• Partner with operations to assess inventory levels, turnover rates, and obsolescence risks.
• Implement best practices for inventory controls and ensure alignment with production and sales goals.
• Lead physical inventory counts and cycle counting processes to minimize discrepancies.

Budgeting, Forecasting & Strategy:

• Develop annual budgets and financial forecasts, aligning with company goals and operational plans.
• Provide strategic financial insights to leadership for decision-making on pricing, production, and capital investments.
• Evaluate financial risks and opportunities, supporting long-term business planning.

Process Improvement & Systems Management:

• Identify and implement process improvements to enhance efficiency and accuracy in financial reporting.
• Leverage ERP and accounting systems to optimize financial tracking and reporting.
• Ensure compliance with internal controls and recommend enhancements to mitigate financial risks.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field (CPA, CMA, or MBA preferred).
• 5+ years of experience in accounting or finance, preferably in a manufacturing or inventory-intensive environment.
• Strong knowledge of inventory management, cost accounting, and variance analysis in a production setting.
• Experience with ERP systems (Infor Preferred), financial reporting tools, and Excel for data analysis and reporting.
• Strong analytical and problem-solving skills with a keen attention to detail.
• Excellent communication and leadership skills to collaborate across departments.

Seniority level

Not Applicable

Employment type

Full-time

Job function

Accounting/Auditing and Finance

Industries

Manufacturing