Job Title:  Business Segment Controller

POSITION SUMMARY

The Business Segment Controller is a key member of the business as the site finance lead and business partner to the BU segment manager. This position will be responsible for all financial reporting and analysis functions, operations reporting, compliance, and implementation of process improvements for the site. This is a hands-on operational accounting role that requires strength in product cost accounting and inventory management in a manufacturing environment. The position manages and coordinates the closure of financial systems and preparation of financial statements; coordination of monthly forecasts, working capital improvement initiatives, and detailed financial analysis of products and customers, making recommendations for improved operating results. The role also assists in monthly and quarterly financial reporting consolidation for the top-level business unit.

KEY RESPONSIBILITIES

• Prepare and present the financial position of the business on a monthly, quarterly, and annual basis; perform fluctuation variance analysis to explain performance
• Manage the month-end closing process to ensure timely and accurate reporting per AMETEK guidelines; review and approve journal entries and account reconciliations
• Analyze trend data in key performance indicators including Revenue, cost of sales, gross profit margin, expenses and working capital; communicate findings and areas for improvement to senior management
• Coordinate the activities of multiple functions involved in the preparation of monthly forecasts and annual budgets; reports and explain forecasted data (orders, sales, profit and working capital) to senior management
• Work with Operations on the reporting and tracking of key KPI’s, including productivity, operational cost savings, value analysis and value engineering (VAVE), and new product development
• Lead efforts to manage and reduce Working Capital, including Accounts Receivable, Inventory, Accounts Payable, Unbilled Revenue, and Customer Advance Payments
• Ensure proper inventory management in relation to valuation (bill of materials, standard costs, and overhead rates), physical count accuracy, and provision for excess & obsolete inventory
• Review capital expenditure requests; prepare net present value calculations in support
• Ensure compliance with AMETEK accounting policies and procedures; assist with the implementation of new accounting standards and manages departmental training as needed
• Maintain and oversee robust internal controls environment; ensuring compliance with quarterly and annual SOX requirements
• Oversee compliance with and support for internal and external audits
• Assist in monthly, quarterly, and annual reporting packages for the top-level business unit as required

REQUIREMENTS FOR CONSIDERATION

• Bachelor's Degree in Accounting or Finance
• CPA or Master's Degree preferred
• Minimum 7+ years financial reporting, budgeting, forecasting and accounting, preferably within a multi-site manufacturing environment
• Thorough knowledge of business finance, financial analysis and modeling
• Minimum 3-5 years of leadership/management experience
• Public companay and M&A experience preferred
• Strong understanding of US GAAP (including ASC 606 Revenue Recognition) and SOX 404 requirements
• Proficient with MS Office Suite, notably Excel (including pivot tables) and PowerPoint
• Working knowledge of ERP platforms (Oracle)
• Proficient with financial consolidation reporting tools (HFM) and data analytics tools (Power BI)
• Excellent communication across all levels (Business Units, Division, Corporate)
• Ability to present confidently to Executive and/or Senior Divisional Leadership Team
• Abilites to meet strict deadlines and work independently
• Travel: 10% business unite site visits, operational reviews, integration sessions

WHAT'S IN IT FOR YOU

• Competitive Compensation & Holiday Pay
• Great Health Benefits, and 401(k) plans
• Paid Time Off per year depending on level
• Less red tape – we have an environment that supports the entrepreneurial spirit
• Fun & Professional Culture while also providing work/life balance for our employees
• Fast growth opportunities and quicker career development for the right candidate
• Mentors to help you grow both personally and professionally

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