Regional Controller - Branch Operations

AM Castle   •  

Grand Prairie, TX

Industry: Manufacturing


5 - 7 years

Posted 38 days ago


As a key member of the Branch Leadership Team (BLT), this position oversees all non-Corporate financial aspects of assigned branches to support the Senior Vice-Presidents, Branch Managers (BM), Branch Inventory Managers (BIM), and Regional Commercial Managers (RCM) in their efforts to grow their business, increase profitability and productivity of the branch locations while maintaining alignment with overall corporate goals and initiatives.

This position will sit in our Grand Prairie, TX office with travel to select branches.

Essential Primary Responsibilities:

  • Review weekly and monthly branch operating statements to ensure financial data accuracy, integrity and consistency of information while also identifying potential operating issues for further investigation/consideration by branch leadership
  • Proactivelywork with the BLT at each branch to ensure alignment between sales, operating expenses andinventorylevels (actual and forecasts)
    • Prepare and coordinate monthly variance analysis of actuals, plan and forecast. Translate analyses into easy-to-understand presentations and visualizations
    • Maintain various management reporting models to assist branch leadership in analyzing results of operations by customer profitability, product profitability, inventory levels, etc.
    • Support the leadership team with regular financialreporting and metrics, as well as ad-hocfinancial analysis as needed
    • Identify trends and recommend actions based on sound and thorough analysis
    • Review daily sales and gross profit reports to ensure accuracy of data, identify trends and recommend corrective actions
    • Liaise with the Commercial team and Corporate Credit Department to resolve any issues with outstanding customer balances and/or claims
    • Understand root cause for Cost-of-Goods-Sold (COGS) variances and recommends actions to minimize such variances
    • Continuously assess branch expenses and proactively develop plans to identify cost reductions/containments in order to improve plant performance
  • Monitor direct and indirect spend to ensure it is consistent with current business activity levels as well as initiate and drive use of preferred providers and vendors to maximize price savings initiatives
  • Work with BM and BIM to ensure integrity ininventoryprocesses
    • Review product turnover rates and ensure sales and inventory forecasts reflect such turnover rates
    • Ensure COGS forecast changes are reflected in inventory forecasts and sales forecasts
    • Analyze branch inventory for slow-moving, excess and/or obsolete classification
    • Perform scrap audits
  • Participate in Continuous Improvement (CI) reviews at assigned branches focusing on (i) validating assumptions for identified cost-savings opportunities (ii) monitoring implementation progress of agreed-upon actions and (iii) tracking impact of such actions through respective branch operating statements
  • Support BLT and Corporate Finance team with special projects and initiatives as assigned
  • Partner effectively with the BLT and Corporate personnel to produce annual budgets and updated forecasts
  • Ensure system ofinternal controls is designed effectively and operating effectively to safeguard Branch assets
    • Assist with Sarbanes-Oxley 302 Certification resolutions
  • Assist the Corporate Finance and CorporateAccounting Departments
    • Develop materials such as reports, metrics, and presentations for external communications and Board of Director Meetings
    • Support both internal and external audits

Minimum Qualifications:

  • Minimum 5-7 years of experience in Accounting in a manufacturing environment
  • Excellent verbal and written communication skills as the positions requires direct interaction with external auditors, senior management and other accounting groups
  • Strong organizational and analytical skills
  • Prior experience and proficiency with Accounting systems and Microsoft Office, especially Excel
  • Good working knowledge of Generally Accepted Accounting Principles
  • Bachelors degree in Accounting, Finance or Economics required