Controller

Watts Water Technologies

$90K — $120K *
Manufacturing & Automotive
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • BS/BA in Accounting or Finance; CPA or MBA preferred.
  • 10+ years of finance or accounting leadership experience in manufacturing.
  • Thorough knowledge of financial performance drivers and accounting principles.
  • Exceptional strategic thinking and analytical skills.
  • Proficient in advanced finance business partnering with data analysis capabilities.
  • Excellent leadership skills with team development experience.
  • Strong communication skills, both written and oral. Proficiency in Microsoft Excel, Word, and PowerPoint.

Responsibilities

  • Manage accounting and financial reporting for the manufacturing plant.
  • Act as the financial business partner to the Plant Manager for profitability improvements.
  • Collaborate on workforce planning initiatives with HR and business teams.
  • Analyze and report on budget and variance performance, recommending improvements.
  • Develop annual operating plans and long-term strategic plans.
  • Perform product costing and profitability analysis, including make/buy decisions.
  • Lead month-end financial close activities and reporting.

Benefits

  • Comprehensive medical and dental coverage, retirement benefits.
  • Family building benefits including paid maternity/paternity leave.
  • 10 paid holidays and Paid Time Off.
  • Continued professional development opportunities and educational reimbursement.
  • Fitness reimbursements and employee discount programs.
Full Job Description

Scope of Position

Reporting to the Manufacturing Operations Finance Director, the Controllerisresponsible forfinancial oversight and management of Watts’ manufacturing facility locatedin Franklin, NH. This individual will manage the accounting, planning & analysis, budgeting, cost records, and internal control requirements of the site. This role will support the Plant Manager and drive business/manufacturing results by partnering with the Site Management team.

This role relies heavily on analytical abilities and experience to sort through complex data and prepare meaningful information toassistmanagement with decision making, accounting deliverables, and business performance metrics and reports. As a member of both the Site Manufacturing leadershipteam and the Regional Operations Finance team,the Controllerwill work cross functionally to identifyareas of improvement in processes and operations.

This position is fully onsite, 5 days a weekin Franklin,NHand has 3-4 direct reports. 

Primary Job Duties and Responsibilities

  • Manage plant accounting/cost accounting, financial planning & analysis, and financial reporting responsibilities.

  • Work closely as the financial business partner to the Plant Manager toidentifyand measure ways for improving the profitability of the business.

  • Collaborate with business and human resources teams to drive workforce planning initiatives at the site.

  • Monitor, analyze, investigate, and report variances to standard, budget, and prior periods, as well as recommend corrective/ improvement actions.

  • Manage the development of annual operatingplanand multi-year strategic plans.

  • Develop andmaintainaccurate standard costs.

  • Perform product costing and profitability analysis, including make/buy assessments.

  • Performmonth-end financial close including journal entries, account reconciliations, payroll, etc. 

  • Perform month-end reporting and analysis activities, including preparing MOR presentations and departmental operating reviews

  • Prepare weekly financial performance projections as well as quarterly forecast updates.

  • Compile,maintain, and review operation metrics (KPI’s) for Site Management.

  • Analyze capital investment requests and ensureappropriate returns on investmentwhile managing risks. 

  • Coordinate inventory cycle count program, audit results, and ensure overall program compliance

  • Ensure maintenance ofaccurateand complete financial records in compliance with Sarbanes-Oxley requirements, GAAP, and Watts Accounting Policies and Procedures.

  • Ensurea strong systemof internal controls exists and is properly monitored.

  • Provide financial measurement support for site projects (i.e.VAVE, Productivity, Cost Reduction, etc.)

  • Provide leadership and career development for direct and indirect reports. Effectively manage all leadership requirements for Watts’ performance management processes.

Required Qualifications 

  • BS/BA in Accounting or Finance. CPA or MBA preferred. 

  • 10+ years’ experience in a leadership role in finance or accounting at a manufacturing company. 

  • Thorough knowledge of financial performance drivers, accounting principles, procedures and systems with a solid understanding of accounting and internal controls. 

  • Demonstrated ability to research, retrieve, organize, and summarize data to prepare reports, financial journal entries, and financial analysis and communicating financial information to various levels of management. 

  • Exceptional strategic thinking and analytical skills, with a demonstrated ability to translate financial data into actionable business insights.  

  • Advanced finance business partnering experience with the ability to use data to drive financial insights and business decisions. 

  • Excellent leadership skills, with the ability to lead, mentor and drive team development and growth.  

  • Strong interpersonal, written and oral communication skills. 

  • Ability to interface and work effectively with business partners  

  • Proficiency in Microsoft Excel, Word and PowerPoint. 

  • Experience with ERP and financial systems;SAP, PowerBIand Hyperion are a plus.

General Applicable Company Competencies 

  • Commitment to Watts’ values of integrity, accountability, continuous improvement and innovation, and transparency. 

  • Punctuality and dependability. 

  • Ability to be flexible and adapt to changing work priorities and stressful conditions. 

  • Adherence to all personnel policies, procedures, and standards of process as implemented by Watts. 

  • Maintain productive and collaborative relationships with other Watts employees. 

  • Adherence to Watts’ seven cultural beliefs: Growth Mindset, Customer-Focused Innovation, Constant Communication, Clear Goals, Collaborate Globally, Be Inclusive, and Take Action.  

 

Working Conditions  

While performing the job duties, you will be working on-site at a manufacturing facility and will perform the majority of your duties in an office environment. You may, at times, be required to be present on the manufacturing floor and will be required to wear the appropriate personal protective equipment. You will be required to work in the office at the Franklin, NH location (Monday – Friday). Your scheduled work hours will be communicated to you by your manager. 

 

Physical Requirements: Specific physical abilities required for this position include, but are not limited to: 

  • Ability to remain seated at a desk or workstation for extended periods. 

  • Ability to perform repetitive tasks like typing on a keyboard or using a mouse for extended periods. 

  • Ability to physically move around the office, organize or transport files, packages, or other office-related materials. 

  • Ability to read documents, use a computer, and perform data entry tasks. 

  • Ability to communicate clearly with management and coworkers, particularly in meetings or phone calls.

  • Ability tooperatestandard office equipment such as computers, printers, phones, and copiers.

  • Ability to occasionally lift and carry light objects, such as office supplies, documents, or small equipment.

Nothing in this job description restricts Watts’ right to assign or reassign duties, responsibilities, and working hours/conditions to this position at any time. This position is “at will,” which means that either the employee or Watts may terminate the employment relationship at any time, with or without notice, and for any lawful reason. 

 

#LIOnsite 

Watts in it for you:

Please note that the followingbenefits apply only to permanent roles and do not apply to internship roles.

  • Competitive compensation based on your skills, qualifications and experience
  • Comprehensive medical and dental coverage, retirement benefits
  • Family building benefits, including paid maternity/paternity leave
  • 10 paid holidays and Paid Time Off
  • Continued professional development opportunities and educational reimbursement
  • Additional perks such as fitness reimbursements and employee discount programs
  • Learn more about our benefit offerings here:

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