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Controller

Columbus McKinnon
United States, Wisconsin, Hartland
Nov 08, 2024
Job Summary/Overview

Reporting to the Director of Conveyance Finance, this position oversees Dorner Manufacturing's accounting and finance, ensuring compliance with SOX and strong internal controls. This position advises leadership on financial matters to improve performance and profitability, while leading and developing the finance team with effective communication and collaboration

Essential Duties and Responsibilities

  • Establishes, or recommends to management, major corporate economic strategies, objectives, and policies to Dorner's management team, as a critical business partner.
  • Leads, develops individuals, and manages the performance of Dorner's Accounting and Finance Team.
  • Reviews various operations and accounting reports for abnormalities and errors in reporting and works with management to develop corrective actions.
  • Prepares reports and presentations which summarize business performance, explains variances to Plan, and develops forecasts for monthly business performance, working capital levels and capital expenditures.
  • Establishes and executes internal controls as defined by Columbus McKinnon's control framework.
  • Supports preparation of budgets, reviews budget proposals and prepares necessary supporting presentations, documentation, and justification.
  • Reviews and analyzes overall manufacturing costs including unit costs and profit margins for finished products.
  • Oversees capital assets including depreciation, purchases, and retirements and ensures the annual asset inventory verification is completed. Ensures all capital requests have proper approval and are accounted for correctly.
  • Manages, reviews, and approves the accounting journal entries at the end of each accounting period.
  • Manages, reviews and approves the balance sheet account reconciliations and other documentation in accordance with Columbus McKinnon policies.
  • Reviews and analyzes manufacturing efficiencies and cost variances and keeps management informed of trends.
  • Works with corporate accounting with the yearend financial close and the external financial audit requirements.
  • Works with the Corporate Internal Audit department to ensure required procedures are being followed and to ensure accuracy of the financial data reported.
  • Manages both hourly and salaried associates who facilitate product costing, cycle counting, management reporting and payables processing. Is responsible for the overall direction, coordination, and evaluation of this unit.

Knowledge, Skills, Competencies, and Abilities

  • Ability to define problems, collect data, establish facts, draw valid conclusions, and make quality business decisions based on complex information.
  • Strong ability to analyze complex financial data, provide actionable insights, and ensure accuracy in financial reporting.
  • Proficiency in readying, analyzing, and interpreting financial reports and legal documents.
  • Knowledge in financial analysis, cost management, budgeting, forecasting, and understanding of manufacturing processes.
  • Ability to write reports and business correspondence, respond to inquiries or complaints, and effectively present information to leadership.
  • Ability to build effective relationships and communicate effectively to contribute insightful strategic analysis to executive leadership throughout the company.
  • Efficiently manage multiple projects, time, and resources to meet deadlines and achieve objectives. Flexibility to adjust to changing priorities, proactively identify issues, and implement effective solutions while maintaining high ethical standards.
  • Advanced skills in financial software, ERP systems, and Microsoft Office Suite.

Required Qualifications

* Bachelor's degree in finance or accounting preferred or a Bachelor's degree in business with 7+ years experience in accounting and finance.

* 7+ years of experience in Accounting and Finance, preferably in a manufacturing environment.

* Strong leadership and management skills, with 3+ years leading a team.

* MBA, CPA or CMA license, preferred.

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