What are the responsibilities and job description for the Controller position at UPG?
Job Purpose
We are seeking a highly skilled and detail-oriented Controller to oversee the financial operations of our metal manufacturing company. This role is critical in ensuring the accuracy of financial reporting, driving cost efficiencies, and maintaining compliance with industry regulations. Reporting directly to the Group President, you will take a key finance leadership role for the Electrical division by providing valuable insight to senior leadership. You will ensure timely and accurate internal (management) reporting around the monthly results package, quarterly forecast, annual budget, and strategic plan (long term model).
Primary Duties and Responsibilities:
Financial Management and Reporting
- Prepare accurate and timely financial statements, including income statements, balance sheets, and cash flow reports.
- Manage month-end, quarter-end, and year-end closing processes along with daily reconciliation and KPI reporting.
- Develop and monitor budgets, forecasts, and financial models to support strategic planning.
- Analyze financial performance and identify opportunities for cost savings and process improvements.
Cost Accounting
- Oversee cost accounting processes, including tracking production costs, material usage, and labor allocation.
- Maintain and analyze the standard cost system to ensure accuracy and alignment with production operations.
- Provide insights into product pricing, profitability, and inventory management.
Operational Support
- Collaborate with production and operations teams to optimize manufacturing efficiency and reduce waste.
- Conduct variance analysis on production costs, identifying and addressing discrepancies.
- Ensure accurate inventory valuation and assist in cycle count or annual physical inventory processes.
Compliance and Internal Controls
- Ensure compliance with GAAP, tax regulations, and industry-specific standards.
- Implement and maintain robust internal controls to safeguard company assets.
- Coordinate external audits and provide necessary documentation and support.
Leadership and Team Management
- Supervise and mentor a team of 1-2 general accounts and/or analysts.
- Foster a culture of continuous improvement and professional development.
- Serve as a business partner with divisional leadership to ensure reporting needs are met
- Be a trusted advisor to the company leadership.
- Interact with various departments regarding issues and other situations as needed.
Position Requirements:
- Bachelor’s degree in Accounting, Finance, or a related field (CPA or CMA preferred).
- 5 years of progressive experience in accounting or finance, with at least 3 years in a manufacturing environment required
- A team player with great managerial experience
- Self-motivated, creative out-of-the-box thinker that naturally pushes to constantly improve systems, processes, and procedures to minimize non-value-added activities
- Detail oriented, highest level of integrity, dependable, and able to work independently as well as a member of our team
- Proficiency in ERP systems and advanced Excel skills.
- Experience in process improvement
- Exceptional oral and written communication skills
- Familiarity with Microsoft SQL and database queries
- Manufacturing experience is highly desired
Diversity & Inclusion Statement
UPG Electrical is an equal opportunity employer committed to a diverse and inclusive workforce.