Plant Controller

gwelec; Bolingbrook (IL); On-site; USD 98,000 - 128,000; Full time

Benefits offered by this job

Medical, Dental and Vision Insurance

401(k)

Profit Sharing

Vacation

Job summary

G&W Electric, a global leader in engineered electrical power grid solutions, is seeking a Plant Controller to oversee the US entity's month-end close, journal entries, and financial reporting. You will lead a Finance team, work with operations on cost control and lean initiatives, and ensure accurate inventory valuation and audit readiness.

Responsibilities include managing P&L and balance sheet close within three working days, providing insightful variance analysis, and supporting annual

Qualifications

• Bachelor's degree in Accounting or Finance.
• 5+ years of progressive accounting experience, preferably in an international manufacturing environment.
• Proficient in MS Office, with advanced Excel and ability to handle large data sets.
• Experience with ERP/MRP systems, JD Edwards preferred.
• Knowledge of consolidation software/tools and Adaptive Insights preferred.

Responsibilities

• Be the principal manager of the accounting activities of the US entity; responsible for internal controls.
• Prepare accurate monthly financial statements including P&L and balance sheet within three working days.
• Lead, manage, and develop the Finance team including Sr. Cost Accountant and AP Lead.
• Provide monthly expenditure reports to Operations and support budget and forecast processes.
• Coordinate year-end audit with external firms and assist with annual operating plan.

Skills

5+ years accounting

Excel (advanced)

MS Office Suite

large data sets

analytical skills

interpersonal skills

Education

Bachelor's degree in Accounting or Finance

CPA preferred

Tools

JD Edwards

Adaptive Insights

ERP/MRP system

Job description

Plant Controller

Responsible for the monthly, quarterly, and annual close processes. Manages all journal entries, account reconciliations, monthly and quarterly reporting. Prepare financial statements for the US plant. Inventory, cost, and manufacturing accounting subject matter expert. Leads, manages, and develops Finance team.

As a Plant Controller you will:

• Be the principal manager of the accounting activities of the US entity; responsible for maintaining appropriate internal controls
• Be responsible for the preparation of accurate and timely monthly local financial statements, including the P&L and balance sheet, within three working days
• Analyze and provide commentary on actual performance versus plan and forecast, with detailed insights into P&L line items and department expenses.
• Proactively monitors monthly and quarterly financial performance and makes appropriate recommendations to achieve desired profit objectives
• Assist in the control and reporting of the company’s capital expenditure and fixed assets
• Assist with year-end annual independent financial audit by ensuring deadlines are met, preparing required financial and tax schedules, and working directly with third party audit firm
• Assist in the preparation of the annual operating Plan and local departmental budgets
• Oversee all monthly, quarterly, and annual cost changes, and understand the impact of material, labor and overhead changes on inventory and the P&L
• Lead cross-functional reviews to identify obsolete inventory and coordinate with departments to ensure the timely disposal and removal of identified parts
• Collaborate on physical inventory counts, providing critical variance analysis to determine the P&L impact and ensure accurate valuation of on-hand stock
• Collaborate closely with the inventory manager to gain a comprehensive understanding of the financial impact resulting from daily cycle counts
• Be responsible for the Sr. Cost Accountant, Staff Accountant, and AP Lead
• Manage, assigns and audits the work of all direct reports; provides semi-annual and annual performance reviews, evaluates performance against job requirements and established annual goals, provides daily coaching and training to develop world class Finance team
• Act as a strategic business partner to the Operations team, delivering monthly expenditure reports to ensure alignment with Plan and forecast, while providing agile financial leadership and ad hoc analysis to support operation objectives
• Be the finance lead on team related projects involving cost control/waste elimination/lean manufacturing principles
• Assist the Sr Finance Manager and VP of Finance with additional projects and ad hoc analyses as needed

We are looking for someone who:

• Holds a Bachelor's degree in Accounting or Finance
• Has 5+ years of progressive accounting experience, preferably in an international manufacturing environment
• Is proficient in MS Office Suite, including intermediate to expert Excel skills; experience working with large data sets; able to manipulate and organize effectively and efficiently
• Has knowledge and experience in ERP or MRP business system, with JD Edwards experience preferred
• Has knowledge and experience with consolidation software/tools, with Adaptive Insights experience preferred
• Is a strategic thinker, who can translate conceptual issues into tangible goals and tasks
• Protects the organization's value by keeping information confidential

Ideally you will have:

• Strong cost accounting knowledge and experience
• CPA preferred—or the equivalent combination of work experience and skill development
• Background in International reporting and understanding of US GAAP and currency adjustments
• Strong interpersonal skills and the ability to interact with all levels of the company
• Strong analytical, critical thinking, and judgment skills
• Self-starter with excellent verbal and written communication skills
• Organized and able to handle multiple ongoing responsibilities

What we offer you:

Typical pay is $98,000 - 128,000 annually.

Please note the pay information shown above is a general guideline. Pay is based upon candidate skills, experience, and qualifications.

This position is eligible for participation in our Quarterly Incentive Pay Program

G&W Electric offers a comprehensive benefits package that includes:

• Medical, Dental and Vision Insurance
• Short and Long-Term Disability
• Life Insurance
• Health club membership program and reimbursement
• Employee Assistance Program
• Tuition Reimbursement
• 401 (k)
• Annual Profit Sharing
• Vacation
• Air-conditioned/heated state-of-the-art manufacturing facility

About G&W Electric

Innovating since 1905, G&W Electric has grown into a global leader in engineered electrical power grid solutions. Working with us means joining a worldwide team of passionate manufacturing professionals striving to continually improve the technologies the world depends on to deliver safe, reliable electricity. Our culture is focused on employee success, so we foster an entrepreneurial environment that encourages everyone to thrive.

Learn more about our company by watching this video: https://www.youtube.com/watch?v=DMtAhsdYeUQ

G&W Electric enjoys a long reputation for product quality, innovation and world-class customer service to the power industry. We have established this reputation by believing that our greatest asset is our employees. We owe our success to the initiative and talents of highly skilled individuals within our team-based organization. Our goal is to set the standard for customer satisfaction by ensuring a superior level of service, performance and innovation. As a global organization and industry leader, we are committed to cultivating an engaging work environment that embraces our core values and develops our talent. Our continuous focus on growth and innovation means that you become part of a company that provides challenging opportunities, rewards excellence and combines your individual expertise to achieve a higher level of shared success. As part of our organization, you also help power the world!

G&W Electric is proud to be an Equal Opportunity Employer. All employees and applicants will receive consideration for employment without regard to age, color, disability, gender, national origin, race, religion, sexual orientation, gender identity, protected veteran status, or any other classification protected by federal, state, or local law. G&W Electric participates in the E-Verify process for all new hires.

VEVRAA Federal Contractor