Optical Solutions Business Unit Controller

Primary Duties & Responsibilities

Financial Accounting

• Ensure monthly financial close is conducted in a timely and efficient manner in accordance with US GAAP, and the proper consolidation of financial results on a monthly basis.
• Review and approve staff account reconciliations and journal entries.
• Ensure account roll-forwards are completed.
• Monitor the impact of foreign currency.
• Explain monthly movements in inventory with an emphasis on gross margin and aging value of WIP.
• Review and validate monthly financial information from domestic and international business units.
• Understand significant variances between the forecast and budget.
• Participate in monthly reviews and understand current trends in productivity, yields, and work-in-progress.
• Review department expenses and headcount activity.
• Ensure that all new part numbers have standard costs, and that significant fluctuations in standard costs can be explained.
• Regularly review items in CIP, and close projects in a timely fashion. 
• Actively manage worldwide transfer pricing to comply with tax guidance.
• Maintain adequate controls to ensure accurate physical inventories. 
• Ensure any required reserves are in place.
• Assist in the process for attesting to the effectiveness of the Company's internal controls over financial reporting and accounting.

Reporting and Analysis

• Provide accurate and timely financial reporting on key financial metrics with appropriate analysis that allows leadership to effectively influence the course of the business.
• Provide actual, budget, and forecast updates to management; monitor variances and proactively communicate and/or resolve issues as appropriate.
• Actively support and participate in periodic reviews and QBR’s, share financial insights regarding business trends, inform management of potential impacts to profitability, and provide recommended actions.
• Ensure the financial integrity of business cases and CARs including making sure that market forecasts and costs are thoroughly vetted and credible.
• Escalate activities to management that do not appear financially sound.
• Provide financial analysis and support to management for new product introductions, cost reductions, operational efficiency initiatives, etc.
• Identify opportunities for improvement, including opportunities for revenue/margin growth, cost and expense savings, and process improvements.
• Assist in the remediation of any internal control deficiencies.

Financial Planning/Forecasting

• Manage and coordinate preparation of 5 Year Plan, Budget, & Forecast.
• Develop processes to collect and compile information.
• Drive budget/forecast related meetings and conference calls.
• Support the development of long-range strategic plans and provide leadership in their preparation.
• Provide analyses of financial options to help meet the budget/forecast.
• Prepare budget/forecast schedules for management.

Leadership

• Ensure your team is staffed, motivated, inspired, engaged, and empowered to deliver a high and sustainable level of performance.
• Have the right people in the right job.
• Make sure your team has the necessary tools to be successful.
• Train, encourage, and develop your team to consistently achieve the organization’s expectations. 
• Maintain a free flow of information within the business so that communication is open and active.

Other

• Act as the primary interface to Corporate Finance and the source of financial information required by them.
• Support activities and requests from the Business Group.

Education & Experience

B.S in Accounting or Finance is required; CPA, CMA, or MBA is preferred.

Three years of management experience combined with a minimum of ten years of related experience in manufacturing cost accounting, public accounting, general accounting, or internal audit.

Skills

• Strong managerial, supervisory and leadership skills.
• Understanding of fully integrated ERP system/supply chain.
• Advanced Microsoft Excel skills and proficiency in PowerPoint.
• Superior knowledge of manufacturing, cost accounting, and standard cost.
• Strong understanding of inventory and fixed assets.
• Experience with consolidations and foreign operations.
• Exceptional verbal and written communications skills.
• Analytical and detail oriented.
• Excellent problem-solving and analytical skills.
• Good time management and organizational ability.
• Hyperion and Oracle exp