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Assistant Controller

2 months ago

Sycamore, United States Ideal Industries Full time
Assistant Controller Job Locations US-IL-Sycamore ID 2024-5763 # of Openings 1 Type Regular Full-Time Shift Day Admin Overview

IDEAL INDUSTRIES, INC. has built a reputation for over a century by crafting iconic tools and practical technology required in aerospace, data communications, electrical, wire processing and construction. The global family of IDEAL brands includes IDEAL Electrical, Anderson Power, Enatel, and IVRY Technologies.

A vibrant and dynamic company, IDEAL is best known for our wire connectors, the gold standard for making electrical connections around the world. Nearly every commercial jet is assembled using IDEAL wire strippers and, as part of the critical equipment on NASA missions, our tools even help NASA astronauts fly to the moon. Most important, our products benefit skilled tradespeople, who reach for IDEAL tools every day.

IDEAL is propelled by the concept of Building an IDEAL World. Our family-run business is committed to building ideal relationships with customers, employees, and communities by crafting some of our industry's most innovative and trusted tools.

Responsibilities

Reporting to the IDEAL Electrical group controller, this position will play a pivotal role in driving financial excellence and supporting operations. Partner closely with operations leadership, providing strategic recommendations based on comprehensive financial analysis. The successful candidate will have a collaborative approach to coaching peers to enhance their financial acumen and developing employees to elevate the performance of the team.

This role:

  • Operations controllership responsibility for the Sycamore, IL manufacturing location and distribution warehouses in Sycamore and Atlanta
  • Support group initiatives to achieve goals and targets
  • Foster strong cross-functional relationships to drive financial and operational performance
  • Support performance by providing operations with financial insights and reporting of plant metrics and KPIs
  • Subject matter expert for development of standard costs based on Company policy. Need to review and communicate cost build-up and changes in costs with finance and non-finance personnel

PRIMARY RESPONSIBILITIES:

  • Functions as the lead accounting and finance professional in the plant and serves as the business partner to the Operations Management Team focusing on providing financial and operational leadership and improvements, including identifying and driving cost reductions.
  • Partner closely with Operations to make sure they have the information & tools needed to successfully lead and create value at their respective locations.
  • Forward looking team member that takes joint accountability for delivering financial and operational commitments.
  • Framing financial and operational issues in a complete business case format and positively contributing to the strategic direction in the plant.
  • Review and execute opportunities to improve and/or standardize processes and routines business processes to drive value creation.
  • Foster a climate of continuous improvement and accountability for results through skills enhancement, coaching, performance measurement and feedback
  • Manage and drive efficiencies related to inventory levels
  • Develop and manage labor and OH rates
  • Develop business cases related to capital requirements and support the capital planning process
  • Own forecasting process for plant and distribution locations
Qualifications

REQUIREMENTS:

  • Bachelor's degree in accounting or finance, MBA and/or CPA preferred
  • Minimum of 10 years experience in progressive finance/accounting roles
  • Experience in a manufacturing environment
  • Experience implementing ERP system preferred
  • Experience in a centralized Supply Chain Finance org preferred
  • Proven experience in a leadership role, with a track record of successfully partnering with senior leadership
  • Exceptional analytic skills and proficiency in financial modeling and data analysis tools
  • Strong customer service and communication skills, ability to convey complex financial information to non-finance stakeholders
  • Demonstrated ability to thrive in a fast-paced evolving environment
  • Flexible, collaborative, and proactive individual
  • Strong work ethic and the ability to work in a fast-paced environment
  • Strong communication skills at all levels of an organization. Ability to mentor, motivate, influence and persuade others
  • Advanced written and verbal communication skills
  • Independent thinking, organizational and planning abilities, analytical, and problem-solving skills

IDEAL INDUSTRIES, INC. is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status. We are proud to be an equal opportunity employer and we know that it is our people that truly separate us from the competition. We offer competitive compensation and benefits including medical, dental and vision insurance, 401K and a Pension plan. To learn more about us, visit us at www.idealindustries.com

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IDEAL INDUSTRIES is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.