Requisition Number: 78229
Role Purpose- Ensures compliance for capital projects with local regulations, GAAP accounting principles, and Corning policies and procedures.
- Ensures compliance with OCS-specific policies and procedures.
- Ensures required capital reporting and forecasting are completed accurately and on a timely basis, and provides ad hoc capital analysis for division management.
- Responsible for the Capital and Project Expense portions of the budget and five-year planning process for the Division.
- Supports the plant leadership team with financial analysis required for investment proposals and appropriate requests for product line expansion or cost reduction.
- Leads annual capital audit preparation and presentations to OCS, COC, and Corning leadership.
- Supports project teams with spend tracking, Appropriation Request (AR) preparation, and ad hoc issue resolution and analyses.
- Leads and supports digital initiatives related to capital processes.
- Maintains strong business partnership relationships with groups outside Finance, including the OCS Capital Management Team, OCS Project Management Organization (PMO), Capricorn COE, Technology, Global Supply Management (GSM), and Division Engineering.
Key Responsibilities- Executes routine and ad hoc analysis and reporting related to capital spending to support division business objectives and business partner relationships, including the Project Management Organization (PMO) and OCS Capital Management Team.
- Responsible for monthly capital spending processes, including:
Billed capital accrual.
Cash-out forecasting and reporting, including control forecast and guidance forecast.
Maintains 10% control forecast accuracy.
Stat/C102 reconciliation.
- Responsible for tracking overall capital commitments and regularly communicating status to business partners and OCS leadership.
- Serves as the OCS Finance lead for Planview, Capricorn tools, and process improvement projects.
- Leads Business Case Validation (BCV) subject matter expertise for OCS. Facilitates BCV workshops for projects progressing through the Stage Gate process, and recruits and trains new OCS BCV SMEs.
- Participates in Capital Steering Team meetings, monthly capital reviews, and biweekly Capital Review Board meetings.
- Hosts quarterly capital policy and procedure training in partnership with the OFC Capital Management Team.
- Drives continuous improvement of OCS-specific capital policies and procedures, including:
CIP Transfer Policy.
OCS Capital vs. Expense Policy.
OCS Internal Supplemental Policy.
- Provides Appropriation Request financial modeling support and standardization. Oversees and maintains the OCS AR financial workbook, identifies continuous improvement opportunities, and establishes best practices for AR preparation.
- Monitors capital spending and adherence to internal controls.
- Responsible for the OCS monthly CIP review, including percent completion and internal OCS supplemental activity.
- Performs other functions and projects as assigned in support of division and business objectives.
Travel RequirementsHours of Work / Work Schedule / Flex-Time- Monday through Friday, 40-hour work week, with additional hours as needed.
Education & Experience- Bachelor's degree in Accounting, Finance, or Business Administration.
- Two to five years of relevant experience; manufacturing or cost accounting experience preferred.
- Controller experience, within or outside Corning, desired.
Required Skills- Strong financial and accounting background.
- Ability to interact and communicate effectively with all areas and levels of the business, including senior managers.
- Strong Microsoft Excel and PowerPoint skills.
- Ability to develop creative financial solutions for business leaders.
Soft Skills- Team player and effective business partner.
- Ability to act on initiative.
- Customer focused.
- Ability to embrace change and perform under pressure in a fast-paced environment.
- Culturally sensitive and savvy.
This position does not support immigration sponsorship. The range for this position is $110,942.00 - $152,546.00 assuming full time status. Starting pay for the successful applicant is dependent on a variety of job-related factors, including but not limited to geographic location, market demands, experience, training, and education.
A job that shapes a life. Corning offers you the total package. Your well-being is our priority. Our compensation and benefits package supports your health and wellness, financial aspirations, and career from day one.
- Company-wide bonuses and long-term incentives align with key business results and ensure you are rewarded when the company performs well. When Corning wins, we all win.
- As part of our commitment to your financial well-being, we provide a 100% company-paid pension benefit with fixed contributions that grow throughout your career. Combined with matching contributions to your 401(k) savings plan, Corning's total contributions to your retirement accounts can reach between 7% and 12% of your pay, depending on your age and years of service.
- Our health and well-being benefits include medical, dental, vision, paid parental leave, family building support, fitness, company-paid life insurance, disability, disease management programs, paid time off, and an Employee Assistance Program (EAP) to support you and your family.
- Getting paid for our work is important, but feeling appreciated and recognized for those contributions motivates us much more. That's why Corning offers a recognition program to celebrate successes and reward colleagues who make exceptional contributions.
