SUMMARY

Responsible for oversight, analytics and implementation of all financial and accounting functions for the Formsprag, LLC.

The Controller position functions primarily as a business partner to plant and financial management but is also required to be hands-on and highly interactive with operations & commercial leadership as well as with Division and Altra corporate finance and external audit firms.

Essential Duties and Responsibilities

• Directly manage finance and accounting employee(s) and carry out managerial responsibilities in accordance with the organization’s policies and applicable laws
• Responsible for providing daily and strategic analytical support, cost analysis, sales analysis, and key business-decision activities to manufacturing and management.
• Direct the finance and accounting function (in accordance with GAAP guidelines) to include personnel, budgets, and continuous improvement initiatives within the department and Formsprag business.
• Develop and review actual performance against the integrated operational plans for the facilities, both short and long range, based on strategic and operational objectives, and provide reliable and relevant information to management as a basis for decision making. Such information includes but is not limited to manpower, facilities and equipment, material resources, cash and capital requirements, inventory levels, expense budgets, sales and earnings, return on investment.
• Identify opportunities to drive cost reduction across all factory and product cost pools (materials, labor, variable & fixed expenses, capital and inventory). Apply improvements to reporting and analysis and create new metrics as needed.
• Participate and contribute as a member of the Formsprag leadership team with decision making, policy development, business planning, and plant functions or presentations. Communicate insights and make recommendations in support of budget, strategic planning and forecasting processes.
• Interpret, prepare, analyze and review all financial statements and all commercial and operational records and reports; publish appropriate utilization reports; and assist management in determining effective operational control. Ensure timely, accurate submission of all corporate reporting requirements, to include but not limited to financial information to internal and external auditors, corporate finance, and division leadership.
• Ensure standard costs are accurate and overhead allocation methodologies support the business structure.
• Prepare monthly financial results and monthly financial analysis and other reports that summarize and forecast Company business activity and financial position in areas of income, expenses, and earnings based on past, present, and expected operations.
• Support and conduct costing and reconciliation of all physical inventories, and other inventory input and output transactions to ensure accuracy of perpetual inventory records.

Critical Competencies

• Demonstrated competency and ability to effectively manage and present on both financial and non-financial subjects and responsibilities, such as analysis of sales reports for margins, production data, and freight, inventory, scrap, etc.
• Strong knowledge and application of standard accounting activities, such as journal entry preparation and posting, account reconciliations and analysis, preparation and analysis of financial statements, and application of accounting policies.
• Broad, up-to-date knowledge of and ability to research GAAP and related guidance
• Intermediate to advanced proficiency in Microsoft Office software applications, including Excel. Experience in SAP is preferred.
• Result-oriented with a demonstrated ability to effectively manage time and multiple priorities. Highly productive with a strong sense of urgency and orientation to details, accuracy, and excellent outcomes
• Strong interpersonal and conflict management skills which fosters teamwork and collaboration and develops high quality working relationships in order to influence, gain support, and achieve results.
• Strong work ethic, including the ability to be self-directed and self-motivated
• Excellent analytical, problem solving and critical thinking skills
• Strong verbal and written communication skills.
• Demonstrated ability to maintain confidentiality and handle proprietary and sensitive information with integrity.

Job Requirements: