Financial Controller

Job Type: Full-time

Reporting to: Chief Financial Officer

Location: Jessup, Maryland, USA

Type: Exempt

About Us

At Tate, we are passionate about everything we do. Tate has been recognized worldwide as an industry leader in the development and manufacture of data center infrastructure solutions, for over 60 years. We have expanded our manufacturing footprint across the US, Europe, Australia, and are excited to have opened a new 287,000 sq. ft. manufacturing site in St. Paul, Virginia, and an additional 40,000 sq ft of manufacturing at our site in Belgium in Q1 2024 alone. We are developing a new 420,000 sq.ft. manufacturing site in Pocahontas, Arkansas.

Our experienced team is expanding, and we are excited about our fresh, dynamic, and inclusive team of experts working collaboratively on projects, as we continue to stay ahead of the data center revolution. We continue to invest heavily in the best available manufacturing tools and equipment needed to adhere to Tate’s world class standards and our business remains committed to developing lower carbon, sustainable solutions, in keeping with our 10-year Planet Passionate sustainability strategy. We are excited to potentially welcome you as part of our team. Together, let's shape the future of data center infrastructure with innovation, excellence, and a passion for sustainable growth.

At Tate, you can expect the stability and growth of a long-established multinational coupled with the speed and dynamism of a fast-paced growing company. The perfect balance

About the Role

Reporting to the Tate Americas CFO, and based in Jessup, Maryland, the Financial Controller will play a critical role in overseeing the financial operations of the company, specifically managing the General Ledger, Accounts Receivable, Accounts Payable, and Payroll functions. This position requires a highly organized and analytical individual preferably with experience in a manufacturing industry. The Financial Controller will be responsible for ensuring the accuracy, integrity, and compliance of financial data, as well as providing strategic financial insights to support business decisions.

What You’ll Do

1. General Ledger Management:

• Oversee the maintenance of the general ledger, ensuring all financial transactions are accurately recorded.
• Manage month-end and year-end closing processes, including journal entries, reconciliations, and financial reporting.
• Ensure compliance with Generally Accepted Accounting Principles (GAAP) and company policies.
• Prepare and analyze monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements.
• Conduct variance analysis and provide detailed explanations for deviations from comparable figures.

2. Accounts Receivable:

• Supervise the accounts receivable team, ensuring timely and accurate billing and collection of customer payments.
• Monitor aging reports and implement strategies to reduce outstanding receivables.
• Review and approve credit terms for new and existing customers.
• Manage the application of customer payments and resolve any discrepancies or disputes.
• Collaborate with sales and customer service teams to improve the efficiency of the order-to-cash process.

3. Accounts Payable:

• Oversee the accounts payable team, ensuring timely and accurate processing of vendor invoices and payments.
• Implement and maintain internal controls to prevent fraud and ensure compliance with company policies and procedures.
• Manage the vendor relationship process, including negotiating payment terms and resolving any payment issues.
• Approve weekly payment runs and ensure cash flow requirements are met.
• Conduct regular audits of accounts payable processes to identify areas for improvement.

4. Payroll Management:

• Supervise the payroll team to ensure accurate and timely processing of employee payroll, including taxes, benefits, and deductions.
• Ensure compliance with all federal, state, and local payroll regulations.
• Manage payroll-related reporting and ensure accurate filing of payroll taxes.
• Resolve any payroll discrepancies or issues in a timely manner.
• Collaborate with the HR department on compensation and benefits administration.

5. Financial Control

• Provide accurate reporting of results and maintenance of the company’s assets through balance sheet integrity and providing a rigorous control environment:
• Adhere to sound internal control processes, improve any control deficiencies, and set the proper routines and processes related to internal controls. Mitigate business risks as they are identified.
• Monitor financial performance to identify and drive cost reductions.
• Providing effective leadership to staff, direct reports, and others in the Company to improve their performance and directing their career development.
• Train and develop staff to ensure that their work is progressing as desired in the areas of proper collection, calculation, and reporting of cost, production, inventory, and other financial information to aid in career progression.
• Manage the internal and external audit processes.

Additional Expectation

• Remain compliant with the Code of Conduct and Policies which includes the Kingspan Group Compliance Policy.
• Ensure that all duties related to product compliance are adhered to in accordance with the Product Compliance Policy, Laws, Regulations, and market demands.
• Responsible for all tasks to achieve compliance goals and demands of the Compliance Management System.
• Must raise concerns related to the Compliance Management System to their supervisor, manager, or any member of the Leadership Team, or through the confidential whistle blower service.

What You’ll Bring

• Education: Bachelor’s degree in accounting, Finance, or a related field is required. A master's degree or CPA/CMA certification is highly preferred.
• Experience: A minimum of 8-10 years of progressive accounting experience, with at least 5 years in a supervisory or managerial role within the manufacturing industry.
• Technical Skills: Proficiency in ERP systems (e.g., SAP, Oracle, or similar), advanced Excel skills, and familiarity with financial reporting software.
• Knowledge: Strong understanding of GAAP, cost accounting, and financial analysis specific to the manufacturing sector.
• Leadership Skills: Proven ability to lead and develop a team, with strong interpersonal and communication skills.
• Analytical Skills: Excellent problem-solving abilities, with a keen eye for detail and the ability to analyze complex financial data.
• Compliance: In-depth knowledge of regulatory requirements and experience in ensuring compliance with financial laws and regulations.

Employee Benefits

• Career Scope and Advancement: As we grow, new positions and career opportunities arise, offering accelerated paths for the right candidates, locally and globally.
• World of Wellness Philosophy: We empower you to take charge of your health and well-being. You’ll have access to a wide range of medical, dental, and vision benefits, along with personalized guidance from a “Health Advocate.” We also offer other supplemental options, including 401k, legal, disability, and theft insurance, to ensure your financial wellness.
• Corporate Social Responsibility: Through Planet Passionate we are determined to reduce our manufacturing carbon (CO2e) emissions to as close to zero as technically possible, together with halving carbon intensity in our primary supply chain. We are very involved in our community, and you will have ample opportunities to support us, in creating a better world.
• Skills Development: Given the dynamic pace of our business and a strong collaborative environment, your new role will be diverse and multifaceted – allowing you to be more versatile and develop a broader skill set.
• Mentorship and development: At Tate, we don’t believe in hierarchy, we work together as one team for one common goal. You will have access and exposure to our senior leaders and experts for learning in your role, and additionally mentorship for the future.
• Culture: We have a great team culture, highly collaborative, supportive and social. Together we innovate, collaborate, take ownership and strive for excellence.

Tate is an equal opportunity employer. We welcome applicants from all backgrounds and do not discriminate based on race, religion, gender, sexual orientation, age, disability, or any other protected status. Come aboard as we champion diversity and inclusivity in the workplace

Stay connected with us on LinkedIn for insights into life at Tate. Join us in our mission to make a difference through exceptional solutions.