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Assistant Controller

Assistant Controller

Watts WaterNorth Andover, MA, US
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Assistant Controller

We're Watts. Together, we're reimagining the future of water. We feel proud every day about what we do. We're all part of the same crucial mission, no matter what function we support it's to provide safe, clean water for the world, and to protect our planet's most valuable resource.

For 150 years, Watts has built best-in-class products that are trusted by customers in residential and commercial settings across the world. We are at the forefront of innovation, working with cutting-edge technology to provide smart and connected, sustainable water solutions for the future. Watts is a leading brand with a quality reputation and we have a dynamic future ahead.

Watts is looking for a seasoned accounting and finance leader to support our Controllership function. The Assistant Controller will report to the Chief Accounting Officer and Global Controller and will partner closely with the finance and operational teams across the Watts businesses as well as the corporate functions teams. The Assistant Controller will manage the internal controls over financial reporting for Watts, with collaboration from internal and external auditors, ensuring a strong control environment. The Assistant Controller will be involved in M&A activity as the primary integrations leader for accounting, reporting and internal controls, collaborating with the integrations team. The Assistant Controller will lead special projects focused on general accounting and operational process improvements, in addition to accounting policy reviews and enhancements, accounting policy training and balance sheet reviews.

You will :

  • Oversee the project management of the SOX compliance program together with internal audit, including assistance with designing or enhancing new control frameworks when needed as business processes change or new environments are added.
  • Coordinate and collaborate with internal and external auditors to oversee SOX testing and audits, ensuring timely and accurate completion of the program. Monitor and / or execute certain regional level monitoring controls.
  • Conduct risk assessments to identify potential areas of non-compliance and develop mitigation strategies.
  • Monitor control deficiency remediation with control owners for deficiencies that are more complex, repeating or higher severity, collaborating with internal audit
  • Lead the accounting, reporting and controls integration for acquisitions, including purchase accounting, purchase price allocation, opening balance sheet preparation and review of support, integration into global financial reporting, review of local accounting and ERP processes, transition to Watts global accounting policies and processes, internal control design and implementation, training for accounting policies and controls
  • Oversee process improvement projects to streamline accounting processes and improve efficiencies, including operational and SOX control enhancements related to the SAP system implementation encompassing a multiyear multi-site implementation roadmap
  • Participate in certain aspects of month end and quarter end close including reviewing certain high risks accounts and reporting.
  • Participate as a governance member for local ERP or system implementation projects that have a controls or financial reporting impact
  • Collaborate with the RPA team on compliance reviews for RPA bots that have a direct financial reporting impact
  • Conduct balance sheet reviews across the organization, in line with the review program, sharing feedback and following up on action items
  • Provide training and guidance to global finance resources related to accounting policies and transactions.
  • Identify and implement necessary actions to secure continued compliance, while proactively identifying emerging opportunities and risks, making recommendations to management.

Management : This position does not have any direct reports.

You Have :

  • BS / BA in Business, Finance or Accounting. CPA certification required.
  • 10+ years of prior experience working in accounting, controllership, finance or internal audit with large, manufacturing, multi-national, public corporations.
  • 3+ years of prior experience in public accounting is required. Big 4 consulting experience is preferred.
  • In-depth knowledge of SOX regulations and internal controls frameworks.
  • Experience with Section 404 Sarbanes-Oxley is required.
  • A strong understanding of GAAP, financial performance drivers, accounting principles, internal controls and financial systems is required.
  • Experience with SAP S4 Hana and Hyperion Financial Management (HFM) is beneficial.
  • Excellent presentation, time management, collaboration, interpersonal and communication skills is required.
  • Advanced Excel skills including : vlookup, sumifs, pivot tables, ability to effectively manipulate and organize large amounts of data.
  • Physical Requirements : While performing the duties of this job, the employee is frequently required to walk, talk, and / or hear. The employee is occasionally required to stand, sit, and use hands to finger, handle, or feel. The employee must occasionally lift and / or move up to 10 pounds. Specific vision abilities required by this job include : close vision, color vision, peripheral vision, depth perception and ability to adjust focus.

    Work Environment : Work in both office and manufacturing environment. Travel Required : ~25%

    Watts in it for you : Please note that the following benefits apply only to permanent roles and do not apply to internship roles.

  • Competitive compensation based on your skills, qualifications and experience
  • Comprehensive medical and dental coverage, retirement benefits
  • Family building benefits, including paid maternity / paternity leave
  • 10 paid holidays and Paid Time Off
  • Continued professional development opportunities and educational reimbursement
  • Additional perks such as fitness reimbursements and employee discount programs
  • How we work : At Watts, our culture is team-oriented and supportive. Employees here genuinely care about the quality of their work, and about each other. Our people are the heart of who we are and contribute to our longevity and continued success.

    And this is a place where you can have a big career. No matter your role, there are opportunities for learning and development, and your daily contributions make a meaningful impact on the lives of people who use our products and on the future of water.

    Watts is committed to equal employment opportunity. We follow a policy of administering all employment decisions and personnel actions without regard to race, color, religion, creed, sex, pregnancy, national origin, sexual orientation, age, physical or mental disability, genetic disposition or carrier status, marital status, military or veteran status, minorities, or any other category protected under applicable federal, state, or local law. Consistent with the obligations of state and federal law, Watts will make reasonable accommodations for qualified individuals with disabilities. Any employee who needs a reasonable accommodation should contact Human Resources.

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