Business Segment Controller

Join a prestigious Fortune 500 company renowned for its cutting-edge electronic instruments and electromechanical devices. Positioned within a $250MM expanding business unit, this role is integral to shaping financial strategies in a fast-paced global environment.

In collaboration with the Division Vice President of Business Unit Finance, this key position acts as the financial visionary and advisor to the business unit manager. The role demands hands-on oversight of financial reports, comprehensive budgeting, forecasting, operational analyses, and adherence to compliance. Expertise in manufacturing cost accounting, inventory control, and enhancing working capital is critical.

Key Responsibilities:

• Manage comprehensive monthly, quarterly, and annual financial reconciliations, alongside in-depth variance analysis.
• Develop and refine budgets and forecasts, scrutinizing revenue streams, profitability margins, expenses, and working capital.
• Track key performance indicators to boost productivity, cut costs, and foster product innovation.
• Supervise product costing, inventory assessments, and process physical inventory checks, including reserves for outdated inventory.
• Advocate for working capital enhancement focusing on receivables, inventory, payables, and operational accounts.
• Assess capital investments, offering financial insights supported by net present value analysis.
• Ensure all accounting practices comply with US GAAP, SOX directives, internal audits, and corporate standards.
• Aid both internal and external audits and meet divisional reporting expectations.

Required Qualifications:

• Bachelor's degree in Finance or Accounting; a CPA or a Master's degree is an advantage.
• Over 7 years of evolving responsibility in manufacturing finance roles.
• A minimum of 3 years in leadership or supervisory functions.
• Expertise in financial reporting, strategic forecasting, financial modeling, and compliance with US GAAP and SOX.
• Mastery of product cost accounting, inventory governance, and capital management.
• Proficient in Excel and PowerPoint; familiarity with Oracle, HFM, and Power BI is a plus.
• Experience with publicly traded companies and M&A activities is desirable.
• Exceptional communication and presentation skills, with proven ability to work autonomously under tight deadlines.

Compensation & Benefits:

• Competitive base salary ranging from $175,000–$225,000, with additional bonus potential.
• Comprehensive health coverage, retirement benefits, and generous paid time off.
• An innovation-driven culture that prioritizes work-life harmony with minimal bureaucratic hurdles.
• Pathways for career growth, skill enhancement, and leadership guidance.
• Travel commitment of 10%-15% for site operations and strategic reviews.