Job Business Segment Controller

Business Segment Controller

Join AMETEK Amplifier Research, a leader in amplifiers and EMC testing equipment, where we offer a diverse portfolio that includes RF and microwave instrumentation amplifiers, hybrid power amplifier modules, antennas, and advanced control software. As part of our team, you'll be at the forefront of innovation, setting new industry standards and working on groundbreaking projects. Here, you'll not only advance your career but also make a significant impact on the future of technology.

The Business Segment Controller drives improvement with profit performance, balance sheet strength, working capital, and cash management through close collaboration with the leadership team and partnering with the local Engineering, Operations, and Commercial teams. The role drives, manages, and reports upon key business performance areas and indicators, manages local financial issues, and provides insightful analysis of financial data to support management's decision-making processes for business objective achievement.

This role supports all business decision-making, develops and standardizes both the financial operating processes and business control environment, whilst ensuring strong adherence to US Generally Accepted Accounting Principles (GAAP). Reporting to both the DVP Finance / BU Controller, CTS, and the DVP Business Manager ARI, this role will contribute to the overall financial stability and success of the organization through careful collaboration with the local Commercial, Operational, Engineering, and HR leadership team whilst managing the Senior Cost Accountant, Senior Financial Accountant, and IT Technician.

Key Responsibilities :

• Financial Reporting : Collaborating with both the Head of Financial Reporting, the Senior Financial Accountant, and the local leadership team, support compliance with US GAAP standards. Assist and support in the preparation of monthly, quarterly, and annual financial reports ensuring accuracy and compliance.
• Cost Analysis & Risk Assessment : Partnering with the Commercial, Engineering, and Operations leadership team to drive careful margin analysis on contract bids and tenders ensuring strong contractual management of all P&L, Balance Sheet, and cash management aspects / risk. Conduct cost analysis for manufacturing and commercial activities, identifying areas for improvement and cost-saving opportunities.
• Budgeting and Forecasting : Prepare and monitor the operational budgets and forecasts for all aspects of the business. Provide accurate financial forecasts and support decision-making processes. Manage budgets and forecast future needs for capital expenditure, working capital, and cash.
• Variance Analysis : Analyze and explain variances between actual financial results and budgeted / forecasted figures. Identify trends, risks, and opportunities, and provide recommendations for corrective actions.
• Internal Controls : Establish financial planning and budgeting procedures to ensure that the processes support the organization's goals and objectives. Collaborate cross-functionally to optimize cost structure, enhance profitability, and drive strong business process control as we execute contracts with our customers and suppliers. Support the implementation and maintenance of robust internal control procedures to ensure compliance with company policy and procedures and regulatory requirements and disclosures including Sarbanes-Oxley and all aspects of tax. This will be achieved through collaboration with the Head of Financial Reporting and the local Senior Financial Accountant.
• Financial Planning and Analysis : Assist in financial planning activities, including long-term strategic planning, investment analysis, and business case evaluations. Provide financial insights and recommendations to drive business growth and profitability.
• Process Improvement : Continuously identify opportunities to streamline financial processes, enhance efficiency, and improve data accuracy. Collaborate with cross-functional teams to implement best practices and drive continuous improvement initiatives.
• Manage local Finance relationships with the business and manage the local team : Oversee all operational business activities from a Finance perspective including customer relationships to support cash collection, inventory management, Demo management, Service inventory, revenue recognition, risk assessment, and CapEx projects. Build close partnerships with the Senior Cost Accountant, the Senior Financial Accountant, and the IT Technician locally and all the Finance support team including AR collection, AP processing, and cash / bank processing based in Serbia and / or Switzerland.
• Audits : Lead local Statutory and Internal audits and ensure support is coordinated across both the leadership and CTS Finance team.
• IT : Lead local IT strategy and support covering all hardware, software, and infrastructure aspects. Align approach with the Head of Controlling, FP&A & IT for CTS.
• Full-time, senior management position with flexibility for off-hours work as required to support global operations.
• Less than 20% travel is expected for this position.

Minimum Qualifications :

Desired Qualifications :

What's in It for You :

Additional Details :

This position is based in Souderton, Pennsylvania, a charming town that boasts a blend of small-town charm and modern amenities. Nestled in a picturesque setting, Souderton provides a welcoming community with local shops, parks, and cultural attractions. Enjoy the tranquility of scenic landscapes and explore the town's rich history. With a close-knit community and a variety of recreational opportunities, Souderton is the perfect place for those seeking a balance between a relaxed lifestyle and engaging local experiences.

Compensation : Salaried. Salary Minimum : $150,000. Salary Maximum : $170,000. Incentive : Yes.