Division Controller: Manufacturing Finance Leader

Schafer Industries; South Bend (IN); On-site; USD 150,000 - 190,000; Full time

Job summary

Schafer Industries in South Bend, IN is seeking a Division Controller to lead the finances of the Schafer Gear Works division. The role reports to the CFO and partners with operations, sales and engineering to drive financial performance and strategic planning.

You will own monthly and annual close, oversee inventory and cost accounting, manage working capital, and provide analysis to improve profitability across parts and customers. Travel 10-15% is expected.

Qualifications

• Bachelor’s Degree in Accounting. Experience and advanced training preferred.
• Desire and ability to collaborate effectively with cross-functional personnel.
• At least 7+ years of experience in industrial manufacturing including lean accounting, inventory management and product/customer profitability improvement.
• Highly skilled in the use of Microsoft Products including Excel and PowerPoint.
• Experience with Visual or similar manufacturing ERPs is a plus.
• Occasional Travel; approximately 10-15%.

Responsibilities

• Perform monthly and annual close including journal entry preparation, account reconciliations and financial statement preparation and analysis.
• Manage the accounts receivable collection process and assist with any customer delinquency issues.
• Support operations and engineering purchasing through PO review and approvals and vendor management.
• Manage customer credit memos and revenue discounts; work with operations and quality to address returns and scrap issues.
• Manage sales agent commissions and related accruals.
• Direct physical inventory observations, manage purchase of inventory to limit obsolescence, and work with Operations Leaders to lower material cost across gear plants.
• Direct cost accounting function for South Bend plants.
• Work with Operations personnel to manage and reduce variable costs including overtime and unassigned labor, tooling and supplies and equipment maintenance.
• Manage property, plant, and equipment status at the plant with the engineering group; assist with justification of acquisition or disposal of machinery and equipment.
• Directing the preparation, reporting, and analysis of the plant operating budgets and business plans.
• Review financial progress, comparing results with approved plans and prior years. Submit reports and recommendations for corrective action to the CFO and operations leadership on a regular basis.

Skills

Accounting

Lean accounting

Inventory management

Profitability analysis

Excel

PowerPoint

Cross-functional collaboration

Travel readiness

Education

Bachelor's Degree in Accounting

Tools

Visual ERP

Job description

Schafer Industries in South Bend, IN is seeking a Division Controller to lead the finances of the Schafer Gear Works division. The role reports to the CFO and partners with operations, sales and engineering to drive financial performance and strategic planning.

You will own monthly and annual close, oversee inventory and cost accounting, manage working capital, and provide analysis to improve profitability across parts and customers. Travel 10-15% is expected.