3 Controller - Inventory & Cost (Hybrid Schedule) Jobs in Bristol, CT
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Controller - Inventory & Cost (Hybrid Schedule)
$124k-158k (estimate)
Full Time | Durable Manufacturing
1 Month Ago
IDEX Health & Science LLC is Hiring a Controller - Inventory & Cost (Hybrid Schedule) Near Bristol, CT
If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact.
With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses around the globe, chances are, we have something special for you.
SummaryIDEX Health and Science a global authority in Fluidics seeks an individual for a Controller on our Inventory and Costing Team. This position will play a critical role to understand and analyze the inventory costs associated with the manufacturing processes at our four domestic Fluidic sites.
The Controller is responsible for the generation of reports and effective presentation of information to the management team, finance groups and operations team members. This role requires the ability to identify improvement opportunities and drive cost reductions, analyze and interpret general business information, and understand technical procedures and policies.
The Controller will actively partner with the Bristol and Middleboro Operations Leaders in the planning, direction, and policy implementation for the company and communicates and supports the strategic and operational plans of the sites. The Controller functions as the lead accounting professional in the plant and is responsible for ensuring strong internal controls and the accurate and timely reporting of results.
SCOPE / MANAGEMENT & INTERACTION: The Controller reports to the Cost & Inventory Finance Manager. The Controller will manage and mentor our Senior Cost Accountant located in our Oak Harbor site. The position will collaborate with other Cost & Inventory Business Partners, other FP&A analysts and works across the Fluidics organization on standardizing Cost & Inventory functions.
Key Responsibilities And Essential Functions
Total RewardsThe compensation range for this position is $106,800.00 - $160,200.00, depending on experience. This position may be eligible for performance based bonus plan.
Benefits PackageOur comprehensive U.S. benefit offerings include: Health benefits, 401(k) retirement savings program with company match, PTO, and more. More information on our benefits and rewards can be found on our career page: https://www.idexcorp.com/careers/our-benefit-and-rewards/
IDEX is an Equal Opportunity Employer and Affirmative Action Employer. IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state or local laws (Minorities/Females/Protected Veterans/Disabled).
Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact our Talent Acquisition Team at lfcareers@idexcorp.com for assistance with an accommodation. These contact tools may be used only by individuals with a disability for accommodation requests. Do not inquire as to the status of an application.
With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses around the globe, chances are, we have something special for you.
SummaryIDEX Health and Science a global authority in Fluidics seeks an individual for a Controller on our Inventory and Costing Team. This position will play a critical role to understand and analyze the inventory costs associated with the manufacturing processes at our four domestic Fluidic sites.
The Controller is responsible for the generation of reports and effective presentation of information to the management team, finance groups and operations team members. This role requires the ability to identify improvement opportunities and drive cost reductions, analyze and interpret general business information, and understand technical procedures and policies.
The Controller will actively partner with the Bristol and Middleboro Operations Leaders in the planning, direction, and policy implementation for the company and communicates and supports the strategic and operational plans of the sites. The Controller functions as the lead accounting professional in the plant and is responsible for ensuring strong internal controls and the accurate and timely reporting of results.
SCOPE / MANAGEMENT & INTERACTION: The Controller reports to the Cost & Inventory Finance Manager. The Controller will manage and mentor our Senior Cost Accountant located in our Oak Harbor site. The position will collaborate with other Cost & Inventory Business Partners, other FP&A analysts and works across the Fluidics organization on standardizing Cost & Inventory functions.
Key Responsibilities And Essential Functions
- Budgeting and Forecasting:
- Work with sites to forecast monthly manufacturing spend to ensure alignment to organizational goals.
- Develop forecast methodology for material variances, earned labor and burden absorption values.
- Partner with Supply Chain to forecast monthly inventory goals.
- Work with site leadership to prepare Annual Operating Plan, forecasts and requested scenarios throughout the year.
- Provides site financial analysis, and manufacturing cost analysis by:
- Ensure the application of quarterly processes such as Full Absorption, EOZ, cycle counting, and standard costing are in accordance to sound accounting theory and in line with IDEX corporate policy.
- Analyze and interpret plant performance, evaluate variances, and understand root causes for financial interpretation.
- Monitor, review and analyze daily manufacturing activities.
- Provide oversight to cost accounting process and annual standard setting process.
- Serve as a partner for cost reduction initiatives and work cross functionally with engineers, procurement, and other plant personnel.
- Year End Cost Activities:
- Direct, lead and collaborate with other key leadership to conduct the Annual Physical Inventory for our East Coast sites.
- Prepare Labor and Overhead studies and understand key drivers for rate changes.
- Analyze results of cost rolls and communicate results to the commercial teams.
- Prepare schedules required by corporate.
- Manage/mentor Senior Cost Accountant located at our Oak Harbor Site:
- Provide direction for annual goal setting.
- Coach/mentor on performance.
- Bachelor’s Degree in Finance or Accounting and/or MBA required.
- Minimum of 8 years of finance/accounting experience that includes cost accounting in a manufacturing environment.
- Strong grasp of GAAP accounting and cost accounting concepts.
- Experience with Standard Cost methodology.
- Experience with ERP systems is required, JD Edwards preferred.
- Expert skills in Excel and SAP Web Intelligence; high proficiency in OneStream and other Microsoft Office Applications, Power BI preferred.
- Ability to influence and strategically partner with individuals of various educational and technical backgrounds, both inside and outside the organization.
- Excellent communication skills and high confidence in stating professional opinions.
- Strong business acumen and analytical skills with a demonstrated ability to gather, analyze and present data.
- Demonstrated ability to streamline and automate complex processes in a dynamic manufacturing environment.
- Self-motivated, focused, and able to identify needs and implement solutions with minimal supervision.
- Ideal candidate will have experience working with remote and global colleagues from virtual office.
Total RewardsThe compensation range for this position is $106,800.00 - $160,200.00, depending on experience. This position may be eligible for performance based bonus plan.
Benefits PackageOur comprehensive U.S. benefit offerings include: Health benefits, 401(k) retirement savings program with company match, PTO, and more. More information on our benefits and rewards can be found on our career page: https://www.idexcorp.com/careers/our-benefit-and-rewards/
IDEX is an Equal Opportunity Employer and Affirmative Action Employer. IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state or local laws (Minorities/Females/Protected Veterans/Disabled).
Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact our Talent Acquisition Team at lfcareers@idexcorp.com for assistance with an accommodation. These contact tools may be used only by individuals with a disability for accommodation requests. Do not inquire as to the status of an application.
Job Summary
JOB TYPE
Full Time
INDUSTRY
Durable Manufacturing
SALARY
$124k-158k (estimate)
POST DATE
05/30/2024
EXPIRATION DATE
07/19/2024
WEBSITE
idex-hs.com
HEADQUARTERS
ROHNERT PARK, CA
SIZE
500 - 1,000
FOUNDED
2002
CEO
JEFF CANNON
REVENUE
$200M - $500M
INDUSTRY
Durable Manufacturing
Related Companies
About IDEX Health & Science LLC
IDEX Health & Science is the global authority in fluidics and optics, bringing life to advanced optofluidic technologies with our products, people and engineering expertise. We are respected worldwide for solving complex problems and delivering complete path innovation for analytical, diagnostic and biotechnology applications for the life sciences market. As a genuine and trustworthy partner, we solve our customers most demanding challenges with the industrys most extensive portfolio of state-of-the-art components and capabilities that are unrivaled in breadth, quality, performance and design.... Our vision of the complete path goes far beyond just meeting our customers needs it anticipates them, with intelligent solutions for life. For information about career opportunities with IDEX Health & Science, LLC visit http://www.idexcorp.com/careers/
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