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Sylmar Plant Controller

Abbott
Los Angeles, CA Full Time
POSTED ON 2/2/2025
AVAILABLE BEFORE 5/2/2025

The Opportunity

The Sylmar Plant Controller, as a member of the plant management team, provides leadership in the design, maintenance, and evaluation of all financial activities for the plant in accordance with established plant, division, and corporate policies. Provides guidance in setting strategic direction and designing business plans to achieve the long-term mission of the plant. This position is located in Sylmar, CA

As a global leader in Cardiac Rhythm Technologies, we focus on innovative technologies that can improve the way doctors treat people with heart arrhythmias, or irregular heartbeats.

What You’ll Work On

  • The Controller is responsible for financial leadershipin a plant. The position’s functional responsibility influences Manufacturing, QA,Technical Services and Materials Management through budget decisions, financial training, financial recommendations, and general business guidance
  • The position is the financial point of contact with local government, internal / external auditors, local counsel, certain suppliers, and certain regulatory bodies (tax, customs)

Interacts with the Global and Regional Manufacturing Controllers and the Divisional VP of Manufacturing through presentations of financial plans / analyses / strategiesand is responsible for representing the plant in these discussions

In conjunction with the Plant Manager, sets the appropriate financial direction ensuring the proper reflection of financial results and forecasts

Facilitates proper reporting, analysis and monitoring of actual results across manufacturing organizations

Coordinate, consolidate and generally manage the development of plans for the plant including standards, LBE’s and capital budgets

Prepares annual cost standards for products at plant, including existing and new products

Working in conjunction with Plant and Operations management, develop and implement financial and operational measurement tools focusing on productivity and customer service improvements

Accountable for gathering, analyzing and interpreting of accounting and financial data for the preparation and presentation of meaningful reports, and recommendations to both Plant and Division Management.

Assures compliance to all relevant GAAP, Sarbanes-Oxley regulations, as well as Corporate and divisional policies and procedures.

Facilitates development and deployment of processes and tools to enable improved budget planning and monitoring across all organizations

Develop and deploy financial awareness and education programs to plant employees

The major duties and responsibilities are to provide a system of internal control to safeguard assets, assure the accuracy and reliability of financial data, promote operational efficiency, and assure adherence to established division and corporate policies and procedures.

Monitor maintenance of sound financial procedures and systems in the following areas :

Financial Planning and Analysis

Product Standard Costing

Production / Inventory Control Data

Cost / Inventory Accounting

Capital / RCE Investment Analysis and Control

Fixed Asset Control

Interfaces with various Plant, Division, and Corporate Accounting Systems

Coordinate the development, evaluation, presentation and control of the plant’s annual Operating Plans, quarterly LBEs, monthly financial updates and development of financial analyses related to capital planning

Ensure that the specific ledgers, records and books of accounts (such as payroll records, accounts payable documentation, proper expense disbursement, etc.) are maintained to satisfy company and governmental requirements and are maintained in conformance with corporate policy and generally accepted accounting principles, and that monthly financial statements are accurate and on-time

Ensure that the necessary systems and procedures are in place and operational to control, facilitate evaluation and provide justification for the disbursement of funds

Develop and maintain plant cost accounting systems to achieve development of product cost standards, analyzing cost trends and providing related financial information and analysis

Provide financial guidance for all functional support groups related to operating budgets and financial reports

Facilitate efforts in driving cost control, efficiencies, and improvement initiatives

Maximize use of computer systems to provide management with reliable and timely data necessary for responsible business decisions in the areas of costs, quality, manpower planning, inventory, etc.

Provide economic evaluation of all capital expenditure requests

Responsible for hiring, training and developing staff

As a member of the Plant Manager’s staff, leads the financial aspects of the plant’s strategic planning process

Required Qualifications

Bachelors’ Degree : Accounting / Finance

Minimum of 8-10 years of related experience including people management responsibilities

Preferred Qualifications

Masters’ Degree :  Preferred,

CPA Preferred

The incumbent must have a good working knowledge of Accounting theory and generally accepted accounting principles.

Demonstrated leadership skills

A background in all areas of manufacturing accounting, specifically in cost, planning and analysis and manufacturing systems is preferred

Considerable personal contact is required with all levels of management, as well as a variety of people both within and outside the organization

Excellent communication (both oral and written) & interpersonal skills.

Must be results oriented, self-starter / motivated, a strong managerial background with good business sense

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