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Plant Controller

MPI Engineered Technologies
Deerfield, WI Full Time
POSTED ON 2/9/2023 CLOSED ON 3/10/2023

What are the responsibilities and job description for the Plant Controller position at MPI Engineered Technologies?

MPI is a global leader in the technology of fine blanking. Since our foundation in 1969, MPI has grown steadily under stable leadership, sound business practices, and a corporate culture that strives to be the best within our industry. The core of our organizational strength resides in the knowledge, dedication, and values of our people. Today, MPI is a highly competent supplier of sophisticated components and subassemblies. The value of our products is complemented by a broad scope of manufacturing capabilities.

SUMMARY

We are actively seeking a Plant Controller for our Deerfield, WI location. In this role you will have complete responsibility to keep the accounting records for the Wisconsin plant in good order. Establish annual operating budgets and burden rates. Provide daily reporting and other analysis as needed to the plant management team. Provide monthly reporting and other analysis as needed to corporate leadership team.

The ideal candidate for this position has excellent organizational skills, can work well under pressure, has strong attention to detail, is accustomed to working in a fast-paced environment and meeting tight deadlines, and has extensive experience with Microsoft Excel. The ability to prepare clear financial statements and communicate that information with non-accountants is also required.

DUTIES / RESPONSIBILITIES

Spend Analysis and Control:

  • Help investigation in weekly/monthly dashboard of spending, highlighting opportunities for improvement.

Support analysis and commentary of drivers behind variances, month to month vs. prior year, and forecast and budget.

  • Review production variances (materials & labor) with management and help drive scrap
  • Monitor spending on key categories to include maintenance, supplies, and consumables, and support company initiatives to reduce spending.
  • As needed, capture relevant material content, scrap, crew size, work center data for use in updating standard costs.
  • Work with management team to develop and implement cost out opportunities
  • Review standard cost with plant and management team

KPI & Financial Management:

  • Review weekly/monthly KPI data with management; understand trends and help analyze root causes.
  • Ensure new KPIs are correctly implemented in line with company standards.

Forecasts:

  • Help prepare forecasts and the annual budget for the plant.
  • Support preparation of budget, forecasts, and monthly bridges.
  • Review with management and ensure comprehension of forecast.

Safeguarding Assets:

  • Oversee inventory cycle counts and annual physical inventory.
  • Coordinate with Corporate on fixed asset additions and disposals.
  • Review all capital expenditures for ROI with supporting details

Financials:

  • Monitor general ledger for postings and ensure items are posted correctly.
  • Prepare monthly journal entries as needed with support.
  • Prepare monthly financial reporting package for plant
  • Work with Accounts Payable and Receivable on discrepancies
  • Coordinate with plant personnel needs for external auditors.
  • Reconcile plant balance sheet accounts with adequate support for balances

Other:

  • Various reports needed for plant/management personnel

REQUIREMENTS & SKILLS

  • Bachelor’s degree in accounting plus five or more years of progressive experience within the manufacturing environment
  • Strong skills needed in the areas of cost accounting, financial reporting, forecasting, and budgeting experience
  • Strong Microsoft Office Skills (Especially in Excel)
  • Experience with ERP systems
  • Experience with Cost Accounting

MPI is an equal opportunity employer. Applicants are considered for positions without regard to veteran status, uniformed servicemember status, race, color, religion, sex, national origin, age, physical or mental disability, genetic information or any other category protected by applicable federal, state, or local laws.

Job Type: Full-time

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Employee assistance program
  • Health insurance
  • Life insurance
  • Paid time off
  • Tuition reimbursement
  • Vision insurance

Schedule:

  • 8 hour shift
  • Monday to Friday
  • Weekend availability

Supplemental pay types:

  • Bonus pay

Experience:

  • Accounting / Finance: 3 years (Required)

Work Location: One location

Salary : $85,900 - $109,000

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