Business Partner of the Plant Manager, reporting to the Chief Financial Officer, the Industrial Controller evaluates acceptable cost of products and inventory, including analysis of Gross Margin and manufacturing KPIs. The Industrial Controller is responsible for analyzing and maximizing the profitability of manufacturing operations.
Duties and responsibilities
DAILY OPERATION ACTIVITIES
· Produce KPIs and investigate variances in coordination with operational people and managers.
· Analyze and reconcile daily/weekly/monthly production variances (scrap & stock adjustment).
· Ensure there is accurate recording of expenditures in the appropriate journals and ledgers.
· Set-up and audit Bills of Material for each SKU in inventory for accuracy and reasonableness.
· Establishing yearly standard unit costs.
· Monitor Inflation Balance effect by computing sales and purchasing performance jointly with sales and purchasing team.
· Consolidate variable cost of manufacturing for P&L accuracy.
· Conduct Gross Margin bridging analyses for variances to budget/forecast/prior year.
· Manage local reporting files and upload in Group Reporting tool (HFM/EPM).
FINANCIAL PLANNING AND ANALYSIS
· Run weekly, monthly GM forecasts.
· Prepare Budget and Yearly Forecast (twice year) together with Chief accountant, CFO and Plant manager.
· Manage local files and upload in Group Reporting tool.
· Assist in organizing and analyzing accurate capital expenditure costs.
· Prepare monthly project dashboard
· Contribute to discussions and reviews conducted during semi-annual external review.
· Bachelor’s degree in accounting with at least three years in application of general accounting theories.
· Experience or formal education using International Financial Reporting Standards.
· Experience or formal education using Generally Accepted Accounting Principles.
· Proficiency in use of written and spoken English language.
· Outstanding skills in use of Excel, PowerPoint.
· Proficiency in using contemporary programmed system of business management.
· Ability to communicate effectively and clearly, especially with non-accounting professionals.
· Ability to respond with perceptiveness under variable circumstances.
· Ability to find resolution to complicated accounting problems and assist other accounting staff in harmonizing finance related issues.
Primarily in an office environment. Will be expected to travel as needed to company partners. Frequent holiday and evening work expected.
Industrial Controllers must be able to:
· Sit for long periods of time
· Repeat the same movements.
· See details of objects that are less than a few feet away.
· Speak clearly so listeners can understand.
· Use one or two hands to grasp and move objects.