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Controller, Bushings

Controller, Bushings

Hubbell IncorporatedLe Roy, NY, United States
11 days ago
Job type
  • Full-time
Job description

Job Overview

Reporting directly tothe Segment Controller, the Controller, Bushings-Leroy Controller will serve as a key member of the Hubbell Incorporated Finance leadership team and have responsibility for accurate, timely, transparent financial accounting, reporting and internal controls over financial reporting for the Bushings-Leroy business.This position will oversee the monthly closing cycle for Bushings-Leroy and will be responsible for interfacing regularly with both the HUS Group and Corporate finance leaders to articulate results with clarity and transparency and maintain a strong controllership environment.This position is also responsible for the SOX 404 internal control environment within Bushings-Leroy businesses and must collaborate with the HUS Group as well as the Corporate Controller's Team to ensure proper SOX 404 compliance and continuous improvement in this critical area.

This high-profile role will also serve as a key interface between the Hubbell Utility Solutions Controllership team, the Corporate Controllership team, and the Corporate Tax team and others to ensure objectives are met and internal customer requirements are satisfied on a regular basis.The Controller, Bushings-Leroy will be responsible for partnering with the FP&A team and other functional areas of the business to ensure the delivery of value-added business analysis and meaningful financial and operational metrics that lead to insightful, accurate, timely business decision-making.This position is also responsible for monitoring, controlling, analyzing and reporting on all restructuring initiatives, including project economics and savings validation.In addition, this role is required to support acquisition integration (where applicable), particularly finance integration initiatives and activities, and for delivering SOX 404 compliance for newly acquired businesses.

A Day In The Life

Principally responsible for accurate, timely, transparent financial accounting and reporting in accordance with Hubbell standards, Policies & Procedures, U.S. GAAP and required timelines.

Key finance leader responsible for SOX 404 compliance and for the initial and ongoing design and operational effectiveness of all internal controls over financial reporting

Provide strong leadership, oversight, supervision and guidance to Bushings-Leroy financial accounting, reporting and control team and ensure timely accurate delivery of all monthly, quarterly and annualfinancial information, including balance sheets, income statements, cash flows and other financial analysis, key metrics and operating results

Continuous oversight and maintenance of accurate balance sheets, income statements, and statements of cash flows for the Bushings-Leroy BU's and ensure all balance sheet accounts are fully supported each month and properly reconciled in accordance with company Policy & Procedures and in accordance with Blackline standards monthly

Responsible for delivering robust and insightful HFM-based balance sheet fluctuation analysis for Controller, Bushings-Leroy BU's and each legal entity each month

Bushings-Leroy champion for ASC 606, including oversight of Revenue controls and involvement with reviews of all significant revenue contracts with customers to ensure appropriate revenue recognition in accordance with Hubbell Policy & Procedure and in accordance with ASC 606

Monthly oversight of all key reserves (Warranty, E&O, Contra-A / R, inventory shrink, restructuring, etc) include ongoing assessments of Controller, Bushings-Leroy warranty activity and reserves

Oversight of software capitalization, depreciation, and ongoing impairment assessments

Oversight of accurate accounting and controls around firmware and software development costs

Ensure the company operates to high standards of corporate governance and follows all financial and regulatory requirements of a U.S. public company

What will help you thrive in this role?

Ability to motivate, energize, manage, mentor and develop performance of staff

Ability to lead organizational changes with accounting staff

Responsible for on-going compliance with and where appropriate, maintenance of the Signature Authority Matrix, as well as training and ongoing support in this critical area

Collaborate with Corporate Controller's Group and provide annual support for Goodwill impairment testing and definite lived intangible asset testing

Consult regularly with the HUS Segment Controller and provide strong technical accounting and reporting support that execute monthly, quarterly and year-end financial closing and reporting process

Serve as accounting policy champion within Bushings-Leroy and ensure proper compliance, training, roll-out, and maintenance

Oversee and manage Bushings-Leroy general accounting, cost accounting function, including inventory and fixed asset accounting

8+ years of experience leading and managing Finance teams

Oversee quality and accuracy of all work performed by OHF in support of Power Brands (A / R, Accounting, A / R, T&E, Credit, etc)

Ensure that the financial reporting processes are in accordance with U.S. GAAP and the Company's Accounting Policies & Procedures

Maintain appropriate internal controls throughout Controller, Bushings-Leroy BU's to adequately safeguard the assets of the company and to identify and address potential risks in a timely manner

Support complex accounting matters that impact Bushings-Leroy, partnering with HUS Group Controller and Assistant Group Controller as well as the Corporate Controller's team on technical assessments as necessary, and support special projects as needed by senior management

Partner with IT to ensure all systems impacting financial reporting are SOX 404 compliant (e.g. User access reviews, Segregation of Duties, system configuration, etc)

#LI-RM

Hubbell Incorporated

Hubbell creates critical infrastructure solutions that power our customers, communities, people and the planet. Our company is strategically aligned around enabling grid modernization and electrification. As more products plug in to an aging grid, Hubbell solutions enable the transition to a more reliable, resilient and efficient energy infrastructure. Founded in 1888 our innovation has made us a leading global manufacturer of high quality electrical and utility solutions enabling customers to operate critical infrastructure reliably and efficiently.

The company operates in two segments. Hubbell Utility Solutions (HUS) enable the grid to conduct, communicate and control energy across utility applications and Hubbell Electrical Solutions (HES) are essential to managing power across a wide range of industries and applications. Our vertical market solutions can be applied to markets including Data Centers, Renewables, Commercial Buildings, Industrial, Telecom and Transportation. Supporting both of our business segments is our corporate and Hubbell Unified Business Solutions teams that provide consistent process, tools technologies across our businesses.

We are committed to operating sustainably and ethically while promoting an inclusive and supportive culture for our people to grow and develop in their careers. Our employees proudly work and serve our communities from our headquarters in Shelton, CT, across the United States and around the globe.

Hubbell Utility Solutions

Hubbell Utility Solutions (HUS) enable the grid to conduct, communicate and control energy across utility applications. HUS provides the critical components that allow the grid to reliably transmit and distribute energy, as well as the communications and controls technologies to make the grid smarter and more flexible.

Hubbell Incorporated, its subsidiaries and affiliates, is an EO Employer AA : M / F / Veteran / Disability. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender identity or any other protected class.

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Controller • Le Roy, NY, United States

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