Job Business Segment Controller

Business Segment Controller

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
• Full responsibility for Revenue Recognition and timely sales reporting in over time accounting manufacturing environment
• 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
• Partner 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 :

What's in it for you :

Compensation :

Employee Type : Salaried

Salary Minimum : $150,000

Salary Maximum : $200,000

Incentive : No