What are the responsibilities and job description for the Financial Controller position at NeedleTech Products, Inc?
PURPOSE OF JOB
We seek to hire a Financial Controller that will oversee all financial activities, including budgeting, forecasting, and financial analysis, to support strategic decision-making and ensure accurate financial reporting. This role ensures compliance with accounting standards, regulatory requirements, and internal policies specific to the medical device manufacturing industry.
RESPONSIBILITIESWe seek to hire a Financial Controller that will oversee all financial activities, including budgeting, forecasting, and financial analysis, to support strategic decision-making and ensure accurate financial reporting. This role ensures compliance with accounting standards, regulatory requirements, and internal policies specific to the medical device manufacturing industry.
- Financial Management: Lead financial planning and analysis, including budget preparation, variance analysis, and financial forecasting.
- Reporting & Compliance: Ensure timely and accurate preparation of monthly, quarterly, and annual financial statements, adhering to GAAP and industry-specific regulations.
- Cost Control: Monitor production costs and variances, analyze manufacturing overheads, and implement cost-saving initiatives to optimize profitability.
- Audit & Internal Controls: Oversee internal controls, risk management, and compliance with SOX and other regulatory requirements; liaise with internal and external auditors.
- Inventory & Asset Management: Oversee inventory accounting and valuation, manage fixed assets, and conduct regular physical audits to support production and compliance.
- Team Management: Supervise and mentor accounting team members, promoting professional development and knowledge sharing.
- Cross-Functional Collaboration: Work closely with manufacturing, operations, and supply chain teams to support cost-efficiency, production planning, and capacity management
REQUIREMENTS
EDUCATION:
- Bachelor’s degree in Accounting, Finance, or a related field required.
- CPA, CMA, or equivalent certification preferred.
- 7 years of finance experience, with at least 3 years in a Financial Controller or similar role in the manufacturing industry.
- Experience in medical device manufacturing is highly desirable.
- Experience with project costing and reporting would be beneficial.
- Technical Skills: Proficiency in ERP systems (e.g., SAP, Oracle), advanced Excel skills, and knowledge of GAAP and SOX compliance.
- Analytical Skills: Strong analytical and problem-solving skills, with an ability to interpret complex financial data and provide strategic insights.
- Communication & Leadership: Excellent communication skills, with a demonstrated ability to influence cross-functional teams and senior management.
