Plant Controller

Vaco is working with a longstanding Memphis manufacturing client to fill their controller opening.Looking for a driven individual who streamline financial andaccounting processes with operations.

Amazing benefits and bonus opportunities here - further details below!

Position Summary : This position will lead and manage the financial interface to Operations by providing financial, technical and process guidance to both the Finance and Operations teams;

will manage the cost accounting and accounts payable functions including financial analysis of material, labor and overhead spending, determining product cost and profitability, monitoring accuracy of inventory and cost of goods sold, ensuring timely vendor payments and cash forecasting.

This position will also manage the budget function for Operations and assume a leadership role in continuous improvement functions for the company by providing timely and accurate cost accounting, analysis, and reporting.

Work is performed under the general supervision of the Vice President Finance with latitude for the exercise of independent judgment and decision-making in performing day-to-day responsibilities;

manages the work of other accounting employees.

Key performance areas : Serves as financial business partner and liaison between operations leadership and finance, strong knowledge of cost accounting principles, demonstrated leadership and people management skills, proven ability to perform in a highly visible, dynamic environment.

Essential Duties and Responsibilities :

• Manages the financial planning and analysis of the Operations division including the capital budget, preparation of annual operations budgets, monthly forecasts, and reports that identify variances, describe and analyze the nature of the variances, recommend corrective action to be taken, etc.
• Partner Purchasing, Engineering and other departments to ensure the accurate costing of products; drives accountability for maintaining inventory accuracy.
• Recommends and develops costing systems, processes and procedures; manages operations accounting staff in monitoring cost and related financial systems for identification of, and recommendations for, procedural and processing improvements required for effective operational support.
• Responsible for ensuring that all operations related internal controls meet corporate guidelines.
• Reviews costing standards; monitors relevance of standards to actual environment; recommends periodic adjustments of standards.
• Manages activities related to inventory control including physical inventories; develops and implements policies, procedures and processes for physical counts, reconciliation and adjustments to inventory records.
• Initiates and manages studies and analyses to determine costs of business activities including raw material purchase price variances, manufacturing variances, loss variance.
• Develops procedures to calculate, monitor, and update labor and overhead rates for process / product costing; develops management reports specifying and comparing factors affecting product costs and related profitability.
• Prepares estimates of new or proposed product costs; recommends cost efficiencies in new products.
• Manages a timely month end close process and accurate month end reporting. Responsible for ensuring the integrity of financial reporting.
• Consolidates and reports key cost measurements monthly, quarterly, and year-to-date for benchmarking purposes.
• Conducts purchase price comparisons and analyzes variances; coordinates and works with purchasing on cost reduction measures;

assists in adjusting vendor invoices against performance or quality issues.

• Manages the inventory accounts payable function, oversees related cash forecast activities.
• Conducts and reports results of special projects assigned by the Vice President Finance and / or self-initiated, on a timely basis along with conclusions and recommendations.
• May perform other financial analysis in support of strategic initiatives as required by the Vice President Finance or Vice President of Operations.

Qualifications / Experience :

Bachelor's degree in Accounting / Finance and a minimum of ten years accounting and financial experience with experience in a manufacturing environment, including five years managerial experience in a manufacturing environment; CPA / MBA a plus.

• Must have excellent PC / computer skills with proficiency in accounting reporting software; analytical skills; excellent organization skills;
• excellent analytical abilities; excellent oral and written communication skills; excellent knowledge of manufacturing operations and processes;
• demonstrated ability to organize and prioritize work assignments and projects; ability to work independently; ability to handle multiple priorities in a fast-paced environment;
• detail oriented; ability to participate in multi-functional teams; ability to establish and maintain effective working relationships within the organization;

ability to establish and implement new processes.

Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations.

If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and / or to receive other benefits and privileges of employment, please contact [email protected] .

Vaco also wants all applicants to know their rights that workplace discrimination is illegal .

By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity.

You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications.

You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application.

In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco LLC and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco") respects your privacy and are committed to providing transparent notice of our policies.

• California residents may access Vaco's HR Notice at Collection for California Applicants and Employees here .
• Virginia residents may access our state specific policies here .
• Residents of all other states may access our policies here .
• Canadian residents may access our policies in English here and in French here .
• Residents of countries governed by GDPR may access our policies here .

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to :

• the individual's skill sets, experience and training;
• licensure and certification requirements;
• office location and other geographic considerations;
• other business and organizational needs.

With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure.

The individual may also be eligible for discretionary bonuses.