What are the responsibilities and job description for the Plant Controller position at Porex?
Overview
Porex is on a mission to make the world safer, healthier and more productive. Porex is a global leader in developing custom-engineered porous polymer solutions that turn into high-value functional components in our customers’ end products. We combine our expertise in filtration, venting, wicking, absorption, and diffusion with our customers’ unique innovations to help turn their next-generation product ideas into reality. Engineers at over 1,500 global manufacturers trust Porex for unique components across a wide variety of device applications in the life sciences, consumer, and electronics markets to give their products a competitive edge.
Porex is a business of Filtration Group, a $2B global market-leading provider of filtration consumables that drives innovation and delivers solutions across a broad spectrum of applications and end-markets, with a focus on life sciences, indoor air quality and industrial technologies. For more information, visit www.porex.com .
Responsibilities
The Plant Controller is a pivotal member of the site leadership team responsible for overseeing financial operations, ensuring compliance, and providing strategic financial guidance for a large-scale manufacturing facility. Reporting directly to the Site Managing Director, the successful candidate will play a key role in driving financial performance, cost management, and supporting the achievement of business objectives.
- Financial Oversight and Compliance:
- Ensure accurate and timely financial reporting in compliance with regulatory requirements and company policies.
- Develop and implement financial controls to safeguard company assets and ensure fiscal responsibility.
- Collaborate with internal and external auditors to facilitate audits and address any findings.
- Budgeting and Forecasting:
- Partner with Plant Leadership Team to develop annual budgets and forecasts aligned with business goals.
- Provide variance analysis and insightful commentary to explain budgetary discrepancies.
- Drive cost optimization initiatives while maintaining operational excellence.
- Strategic Financial Guidance:
- Collaborate with cross-functional teams to provide financial insights and support strategic decision-making.
- Conduct financial analysis for proposed capital projects, investments, and cost-saving opportunities.
- Develop financial models to assess the impact of various scenarios on business performance.
- Team Leadership and Development:
- Lead a high-performing finance team, fostering a culture of accountability, integrity, and continuous improvement.
- Provide mentorship and professional development opportunities for team members.
- Ensure effective communication and collaboration with other departments to align financial goals with overall business objectives.
Qualifications
- Bachelor’s degree in Finance, Accounting, or a related field; CPA or CMA designation preferred.
- Cost Accounting in a manufacturing environment.
- 7 years of progressive experience in financial management within a manufacturing environment.
- Strong understanding of Generally Accepted Accounting Principles (GAAP) and financial reporting requirements.
- Experience with ERP systems and advanced proficiency in financial modeling and analysis.
- Demonstrated success in implementing cost control measures and improving financial performance.
Key Experiences & Critical Knowledge
- Strategic Financial Management: Demonstrated ability to provide strategic financial guidance, contributing to the development and execution of business strategies.
- Budgeting Excellence: Proven track record of developing and implementing strategic budgeting processes that resulted in improved financial performance and resource optimization.
- Financial Systems Proficiency: Advanced proficiency in utilizing ERP systems and financial modeling tools to drive accurate financial reporting and analysis.
- Cost Management: Strong experience in implementing effective cost management strategies, identifying cost-saving opportunities, and optimizing operational expenses.
- Team Building: Successful history of building and leading high-performing finance teams, creating a culture of collaboration, innovation, and continuous improvement.
- Strategic Collaboration: Proven ability to collaborate with cross-functional teams, translating financial data into actionable insights to support strategic decision-making.