Global Divisional Controller

About Company

ENNOVI is a world leader in designing and manufacturing customized interconnect and high-precision system solutions. Headquartered in Singapore, ENNOVI has more than 8,000 employees across 17 locations globally, where all its activities are socially responsible, with minimal environmental impact. ENNOVI serves two main divisions: Automotive and Interplex Medical.

The Interplex Medical is an award-winning full-service contract engineering company dedicated to the design, development, and manufacturing of medical devices. At the crossroads of experience and innovation, we create out-of-the-box enabling technologies within the highly regulated medical business sector. We maintain ISO 13485 certification and FDA registration in Design Control and as a contract manufacturer. Interplex Medical partners with our clients at the earliest stages of the product development process–including voice-of-the-customer research in a clinical setting–to develop the product input document for our client’s medical device. Interplex Medical business has 4 sites globally. Learn more at www.interplexmedical.com.

Ennovi is an equal opportunity employer in conformance with all applicable laws and regulations to individuals who are qualified to perform job requirements. The Company administers its personnel policies, programs, and practices in a non-discriminatory manner in all aspects of the employment relationship, including recruitment, hiring, work assignment, promotion, transfer, termination, wage and salary administration, and selection for training.

Why Join Us

We offer a dynamic, collaborative and inclusive culture that encourages continuous learning, professional growth, and a sense of purpose. As a part of the Ennovi family, employees experience the excitement of being at the forefront of cutting-edge technologies and contributing to a sustainable future.

Our commitment to the transformation is epitomized by our five pillars: Speed, Innovation, Best Talent, Global Reach, and Sustainability. This entails navigating exponential market changes through agile structures, fostering innovation across all aspects of our business, strategically expanding our global footprint, championing sustainability initiatives and nurturing a winning team.

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Job Summary

Overall responsibility for the implementation, managing and running of all the finance activities of all medical sites globally, including business planning, budgeting, forecasting, risk and governance as well as commercial negotiations (if needed). Proactively develop and publish informative actionable financial analysis to aid decision making, and drive improvement in financial performance. Financial analysis covers a range of subject matters driven by business needs, time frames and should be prescriptive and/or predictive.

Provide strategic recommendation to the Medical Division Head and members of senior management on long-term business and financial plans, while at the same time establish/develop relations with senior management, external partners and stakeholders. This role involves double hatting and playing an active role as Florida plant controller in addition to overall global medical controller scope.

Scope Of Coverage

Oversee entire medical business and Plant Controller in Florida

Working Relationships

• Reporting to Group Chief Financial Officer
• Corporate Finance. Close interaction, including for financial close, budgeting and forecasting process.
• Site Finance. Understand organization, processes and business/ERP systems, as to learn and enable set-up of processes & systems
• Business Managers and operations: Provide hands-on financial and commercial support. Assist liaison and commercial negotiations with external strategic vendors or service providers.
• Other functions: Assist with ad hoc matters

Main Responsibilities

1: Accounting and Financial Reporting

• Implement and maintain systems, processes and organization to ensure the integrity & timeliness of financial reporting according to statutory requirements, and Corporate financial policies & procedures
• Manage and lead the processes for financial forecasting and budgets, and overseeing the preparation of all financial reporting to ensure timely submission of management reporting in accordance with Corporate HQ requirements as stipulated in EFM: Period End Reporting.
• Ensure assets and liabilities are fully recorded in the accounts and stated at fair value, and PNL reflects the sites or business unit’s financial performance. Ensure compliance to KCFRs and EFMs (Ennovi Financial Manuals) and applicable Supplementary Financial Procedures (SFPs).
• Ensure accuracy of financial outlook/forecast (PNL and Cash Flows) by maintaining close communication and information transfer between line management and relevant functions such as production planning/ operations, sales, procurement and HR.
• Ensure timely and compliant filing of statutory accounts in accordance with country requirements, including audited financial statements, direct and indirect taxation, and other filing requirements.
• Ensure risk and compliance management framework is embedded and operational for the Group’s medical sites in NA region.

2: Taxation

• Comply with country tax regulations and statutory requirements and pursue lawful tax savings opportunities in collaboration with US/Corporate Tax. Observe the Taxation RACI and Tax ALM
• Comply with reporting and qualification requirements for tax exemptions, reliefs, or concessions.
• Ensure corporate tax filings, transfer pricing documentations, and other filing requirements are prepared accurately and filed on timely basis. Implement necessary checks and validation.
• With respect to accounting for taxes, ensure tax expense provisions are made in compliance with approved tax provisioning methodology; upon finalization of tax returns, the tax payable is promptly reconciled to the balance sheet provision and any over/under provisions are adjusted immediately in the P&L; in case of tax controversies, significant positions should be supported by professional tax advice.
• Tax receivables, including advance taxes, VAT or GST, must be properly reconciled to filing / returns. Refunds of tax recoverable (e.g. VAT) must be pursued as soon as possible.

3: Transaction Processing & Internal Controls

• Maintain a system of internal controls that ensures all assets are safeguarded and access to assets is only permitted when authorized by management
• Transactions are executed according to management authorization and business requirements
• Retention of financial records in accordance with statutory requirements
• Transactions are recorded accounts and prepare financial statements in accordance with GAAP
• Incompatible duties are adequately segregated
• Maintain an efficient and effective transaction processing system for goods delivery and customer invoicing, accounts receivables and collection, accounts payables processing and cash disbursements.
• Work with relevant functions to ensure sound controls over business processes that impacts financial statements, including procurement, goods receipt/deliveries, payroll and petty cash.

4: Business Partnering & Financial Performance Management

• Play a key leadership role in Medical Division. Be the business/financial partner to Medical Division Head to drive current and future financial performance, and where necessary enforce compliance to Ennovi Financial Policies and Procedures.
• Focus on key PNL financial metrics such as growth, costs, productivity and profitability, as well as Cash Flow and Working Capital Metrics such as DSO, DIO, Ageing, DPO and ROIC.
• Guide and train site Finance teams to provide relevant financial performance analysis, and collaborate with relevant stakeholders to enhance understanding of financial performance, root causes and opportunities. Implement improvement initiatives, monitor and drive results.
• Perform investment return analysis for capex and participate in review of major RFQ programs. Assist is prioritizing capital allocation according to business needs, risks and returns.

5: Governance & Organization Planning

• Promote good governance and culture of sound financial management at the site. Enforce compliance to internal controls and accurate financial reporting
• Plan and build the finance organization in accordance with business growth and complexity. Focus on succession planning and competence building of key positions
• Mentor, promote and reward team members to drive motivation and retention of key personnel

Qualifications

• Bachelor or Master’s Degree in Accounting, Finance or Related Field.
• Over 8 years of experience in in similar positions.
• Managed business (with multiple site operation) with at least US$100M annual turnover
• Experience in reviewing business opportunities and evaluating projects as well as investments.
• Open to travelling (25-50% of time)
• Professional integrity, honestly and able to maintain strict confidentiality
• Strong leadership and organizational management skills, ability to lead by example
• Detailed and Hands on, yet delegates effectively.
• Experience in manufacturing environment.
• Experience in preparing shareholders/board papers and presentation materials
• Excellent written, oral, and interpersonal communication skills
• This role requires incumbent to work at our plant in Fort Lauderdale