Controller

AjaxTocco Magnethermic; Town of Brookfield (WI); On-site; USD 120,000 - 180,000; Full time

Job summary

Ajax Tocco Magnethermic in Brookfield, WI seeks a dynamic financial leader to partner across the business, fuel growth and drive profitability by preparing robust analyses, implementing sound accounting practices, and developing strong processes and controls.

The Controller will oversee all Finance and Accounting functions, leverage data and KPIs to identify trends, and work with operations to reduce costs while ensuring accurate monthly closes, forecasts, and adherence to internal controls.

Qualifications

• Bachelor's degree in Accounting or Finance.
• 5-10 years of progressive accounting experience in a manufacturing environment.
• Experience with ERP systems.

Responsibilities

• Responsible for all Finance functions including General Accounting, Inventory and Cost Accounting, Financial Planning and Analysis.
• Prepares accurate and timely financial reporting and analysis of business activity and financial position.
• Maintains internal accounting controls and develops policies and procedures.
• Perform the month-end close in IFS and conduct balance sheet reconciliations.
• Prepare monthly forecasts and the Annual Operating Plan with leadership.
• Collaborate with operations on spend reductions and cost optimization.
• Prepare financial justifications for capital investments and track spend vs. budget.
• Improve financial processes to enhance efficiency and controls.
• Support internal and external audits and regulatory reporting.

Skills

Financial analysis

KPI analysis

Education

Bachelor's degree in Accounting or Finance

Tools

IFS ERP

Job description

Ajax Tocco Magnethermic (ATM), a subsidiary of ParkOhio, traces its roots back to the 1800s and has a rich history of excellence in induction heating and melting solutions. The present company was formed in 1959 when the Magnethermic Corporation acquired the assets of Ajax Electrothermic Corp. combining their expertise and capabilities.

Position Summary:

We are seeking a dynamic financial leader that will partner across the business to fuel growth and drive profitability by preparing robust financial analyses, implementing sound accounting practices, and developing strong processes and controls to effectively manage financial performance. The Controller is responsible for all Finance and Accounting functions at Ajax Group’s Brookfield, WI location. The ideal candidate will have a strong accounting background in a manufacturing environment with experience using data and key performance indicators to identify trends and proactively influence results.

Job Duties:

• Responsible for all Finance functions including General Accounting, Inventory and Cost Accounting, Financial Planning and Analysis.
• Prepares accurate and timely financial reporting and analysis of business activity and financial position. Identifies trends and opportunities to improve performance and reduce manufacturing and SG&A costs. Creates ad hoc reports for the Ajax Group CFO as needed.
• Maintains a system of internal accounting controls to safeguard the reporting of company assets. Develop and implements effective policies and procedures. Periodically reviews Ajax Group business processes for efficiency and cost reduction opportunities.
• Perform the month-end close process in IFS, the ERP system, Perform Balance Sheet Reconciliations, and Spend/Costing analytics.
• Prepares monthly financial forecasts and the Annual Operating Plan in close partnership with the Ajax Group leadership team.
• Work with operations on spend reductions, utilization improvement and job variance identification and serve as business partner to the local management team in support of operational requirements.
• Prepares financial justifications for capital investments. Tracks capital spending vs. approved budget and performance against business case assumptions.
• Consistently improve all financial processes and procedures to drive an efficient and control focused environment within IFS.
• Supports internal and external audit requests.
• Ensures all federal, state, and other required governmental reports are filed promptly.

*Other duties as assigned.*

What you need to be successful:

• Bachelor's degree in Accounting or Finance.
• 5-10 years of progressive accounting experience in a manufacturing environment.
• Experience with ERP systems.

Preferred Qualifications:

• Capital equipment manufacturing experience.
• Experience with IFS ERP system.
• CPA or MBA
• Experience with POC Accounting.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

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