What are the responsibilities and job description for the Controller position at PFERD, Inc.?
Join a Legacy of Innovation!
Imagine being part of a company with over two centuries of groundbreaking history. At our core, we thrive on innovation, constantly pushing the boundaries of what's possible. As a global leader in manufacturing abrasives, brushes, and power tools for the metalworking industry, we don't just make products—we shape the future.
Your Role in Our Success
Reporting directly to the Director of Finance, you will be responsible for overseeing financial reporting, cost accounting, and inventory management, ensuring accuracy and compliance with internal controls and regulatory standards. You will need to bring advanced Excel skills and strong SAP expertise to analyze financial data, manage variances, and provide strategic insights to leadership.
What you will do
- Assist in the monthly and annual financial close process, working closely with the Director of Finance and President.
- Prepare and analyze financial statements, production P&L, and cost reports for executive leadership.
- Conduct customer margin reviews and provide pricing insights to Sales & Product Development teams.
- Perform ROI calculations for CAPEX investments and maintain Fixed Asset Roll Forward reports.
- Calculate and report production and cost variances, providing insights for decision-making.
- Manage the standard costing system, ensuring accurate cost allocation.
- Support budgeting processes, including cost center analysis and standard cost calculations.
- Oversee E&O (Excess & Obsolete) reserve balances and recommend inventory management strategies.
- Lead cost accounting entries and overhead allocation processes.
- Coordinate annual physical inventory counts and reconcile discrepancies.
- Review daily production and price variances, identifying trends and areas for improvement.
- Assist in preparing audit support for external auditors.
- Work closely with the Parent Company in Germany on strategic financial initiatives.
- Recommend process improvements to optimize financial workflows and reporting accuracy.
- Collaborate with cross-functional teams, including Sales, Product Development, and Operations, to drive financial accountability
What You'll Need
- Bachelor’s degree in Accounting or Finance required.
- Minimum of 6 years of experience in a controlling
- SAP experience is mandatory.
- Advanced Microsoft Excel skills (pivot tables, VLOOKUPs, financial modeling, and data visualization).
- Minimum 3 years of experience in a manufacturing industry preferred.
- Strong knowledge of US GAAP, cost accounting, budgeting, and financial analysis.
- Exceptional analytical and organizational skills with high attention to detail.
- Excellent communication and collaboration skills, with the ability to interact at all levels of the organization.
PFERD Inc. is committed to the principles of equal employment. We are committed to complying with all federal, state, and local laws providing equal employment opportunities, and all other employment laws and regulations.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Work Location: In person