Bachelor's degree in Finance, Accounting, or related field; MBA and/or CPA preferred.
Proven experience as a Controller or in a senior finance role, ideally in manufacturing.
In-depth knowledge of financial regulations and GAAP principles.
Strong analytical, problem-solving, and decision-making skills.
Effective communication skills for conveying complex financial information to non-financial stakeholders.
Proficiency in ERP systems and Microsoft Office, especially Excel.
Self-motivated and team-oriented with attention to detail.
Responsibilities
Develop and implement financial strategies and budgets aligned with company goals.
Conduct financial analysis to support decision-making, including cost and revenue forecasting.
Identify financial risks and propose mitigation strategies.
Establish internal controls to ensure compliance and safeguard assets.
Oversee preparation of accurate financial statements and reports.
Present financial insights and recommendations to leadership.
Lead financial integration from a privately held organization to a publicly traded subsidiary.
Benefits
401(k) plan
Dental insurance
Employee assistance program
Employee discounts
Flexible spending account
Health insurance
Health savings account
Life insurance
Paid parental leave
Paid time off
Professional development assistance
Tuition reimbursement
Vision insurance
Full Job Description
Summary
The Controller is responsible for providing strategic financial leadership and driving the overall financial success of the organization, while ensuring ownership's goals and objectives are met. The Controller plays a critical role in guiding financial decisions, ensuring financial compliance, and managing a team through a monthly financial close process. This position will be considered a business partner while providing strategic financial advice and providing support to overall leadership team by driving best practices and improvement initiatives along with ensuring talent development and succession planning.
Job Description
Essential Duties and Responsibilities
Develop and implement financial strategies, plans, and budgets in alignment with the company's overall goals and objectives.
Conduct thorough financial analysis to support decision-making, including cost analysis, revenue forecasting, and scenario planning.
Identify and assess financial risks, proposing strategies to mitigate these risks.
Establish and maintain effective internal controls to safeguard company assets and ensure compliance with financial regulations.
Oversee the preparation of accurate and timely financial statements, reports, and forecasts, including segment-based financial reporting.
Present financial information to the DRC leadership team, providing insights and recommendations.
Evaluate investment opportunities and provide financial guidance and formalized structure for capital expenditures.
Maintains the commodity hedging program and measures effectiveness with a commercial mindset
Lead financial integration from a stand-alone privately held organization to a publicly traded subsidiary of Smiths Group, PLC.
Build and lead a high-performing finance team, providing mentorship and professional development opportunities.
Foster a culture of collaboration, innovation, and continuous improvement within the finance department.
Manage control processes, including set-up of new customers and suppliers and commissions payments.
Oversee AR and AP functions and ensure timely collection, payment, posting and follow-up activities.
Manage fixed assets and capital expenditures.
Assist all inventory and physical count reconciliations/accounting updates, working closely with Warehouse, Operations and IT resources.
Oversee all accounting and finance related process improvement projects.
Support/manage other key projects, initiatives and requests by site leadership and parent company along with all other duties as assigned.
Responsibilities to the Organization
Supports DRC/Smiths policies and procedures by promoting then throughout the organization.
A positive attitude toward individual, team and company goals working effectively in a no ego environment.
Maintains financial security by establishing internal controls and protects organization's value by keeping information confidential.
Approaches change and difficult situations in a professional manner; demonstrates flexibility.
Protects assets by establishing, monitoring, and enforcing internal controls.
Contributes to team effort by accomplishing related results as needed.
Qualifications
Job Requirements
Demonstrates good attention to detail and good judgment showing logical decision making.
Proficiency with systems and software, including ERP systems and Microsoft Office products, with strong knowledge of Excel.
Effective communication skills, both written and oral.
Proven management skills.
Strong analytical and problem-solving skills.
Must be self-motivated and team-oriented.
Strong analytical skills, self-motivated, able to work alone or within a team in a fast pace environment.
Education/Training/Experience
Bachelor's degree in Finance, Accounting or a related field. MBA and/or CPA is highly desirable.
Proven experience as a Controller or in a senior finance role, preferably within the manufacturing sector.
In-depth knowledge of financial regulations, accounting principles, and financial management best practices. Expertise in generally accepted accounting principles (GAAP).
Ability to communicate complex financial information to non-financial stakeholders.
Experience working in a manufacturing environment preferred.
Physical Demands
Light physical demands, some reaching, standing, bending, lifting, and prolonged sitting and standing.
Additional Information
Benefits:
401(k)
Dental insurance
Employee assistance program
Employee discount
Flexible spending account
Health insurance
Health savings account
Life insurance
Paid parental leave
Paid time off
Professional development assistance
Retirement plan
Tuition reimbursement
Vision insurance
About Smiths Machine
Smiths Machine is a manufacturing company that specializes in precision machining and assembly services. The company was founded in 1980 and is headquartered in Indianapolis, Indiana. Smiths Machine has a team of experienced machinists and technicians who use state-of-the-art equipment to produce high-quality parts and components for various industries, including aerospace, defense, medical, and transportation. The company's services include CNC machining, turning, milling, grinding, and assembly. Smiths Machine is committed to providing its customers with high-quality products and services and has a reputation for delivering on-time and on-budget.
