Plant Controller

Keystone Industries Gibbstown , NJ 08027

Posted 2 months ago

Company Overview:

We are passionate about our employees. We strive to create an environment that is stimulating and motivating and a culture that fosters mutual respect, teamwork, and career development. Come join the Keystone team so we can build your career together!

In addition to competitive starting salaries, we offer a wide variety of competitive benefits, perks and programs that provide our employees the resources to pursue their goals, both at work and in their personal lives.

Please visit our website at www.keystoneind.com to learn more about Keystone Industries and career opportunities.

Position Details:

  • Title: Plant Controller

  • Ideal Candidate: The ideal candidate for this role will have 7+ experience hands-on cost accounting experience in a manufacturing setting. This position is a hands-on role.

  • Schedule: 8:30 am - 5:00 pm, M-F. *This position is ONSITE in an office setting with hybrid opportunities after probationary period.

  • Location: Gibbstown, NJ (08027) + oversight of other locations.

Position Overview:

The Plant Controller is responsible for the cost accounting, cost analysis, and inventory valuation for multiple sites and business units. The ideal candidate will be an experienced and forward-thinking professional with operational experience and a proven track record of creative problem solving and change management. The Plant Controller has a strong background in cost accounting within the Chemical manufacturing industry, with a proven track record of building processes and systems from scratch to drive profitability through cost analysis and optimization.

Essential Functions:

  • Develop, maintain, and promote strong internal controls in conjunction with accounting policies and GAAP. Identify weaknesses and develop processes/tools to close gaps.

  • Inventory Management: Partner with the supply chain to optimize inventory turnover and minimize carrying costs, minimize excess and obsolete inventory. Ensure completeness, accuracy, and valuation assertions to include monthly reconciliation of inventory balances, monitoring of inventory levels, identification of overage and aging material issues and developing corrective action plan, coordinating periodic physical inventories, managing inventory cost-related reserves.

  • Lead standard cost maintenance and variance analysis: Establish and maintain bills of material, product routings, material, labor and overhead costs. Ensure that financial assumptions related to labor, material, and overhead are reasonably accurate and that desired margins are being pursued. Analyze and forecast production costs. Plan, collect, and analyze data to drive the standard cost revaluation processes; implement cost updates periodically Manage the annual cost roll-up for all sites. Execute Variance analysis and monitor adherence to the budget.

  • Implement cost accounting policies and procedures according to GAAP. Lead the development & ongoing management of costing methods.

  • Develop cost estimates for new products/new business initiatives, ultimately leading to a decision for the given initiative. Run pricing models in various scenarios. Partner with other key leaders in pricing decisions. Prepare and analyze customer and item profitability.

  • Lead plants' Performance Management related to sales (margins), inventory and production analysis. Has proven ability to convert large data into useful information and develop predictive models based on the information obtained. Communicate cost related performance, risks and opportunities, and other pertinent issues to upper management.

  • Identify savings initiatives and other opportunities to reduce the plant's total delivered cost, become a vocal champion in support of these initiatives, and provide thought leadership to support the plant's continuous process-improvement initiatives.

  • Lead CAPEX projects' assessment (ROI) to support decision making, and fixed asset management, including asset capitalization, depreciation and idle asset reporting.

  • Lead month end related close activities in all financial cycle close, prepare journal entries related to cost allocation, inventory adjustments, and reserves analysis, analyze and reconcile key inventory. Produce and analyze periodic financial reports.

  • Lead the manufacturing conversion and cost standardization and create a global standardization system.

  • Lead or participate in related major initiatives including implementation of major business process applications, assessment of systems requirements and recommendation for automation and BI utilization. Optimize ERP system inventory management and production module.

Qualifications:

  • 7+ years Accounting and Operational experience in a manufacturing industry (Chemical manufacturing industry preferred) with progressing responsibilities.

  • Minimum 4 years of senior level experience

  • Thorough understanding of supply chain and operational functions and proven record of collaboration initiatives with operations such as capacity expansions, infrastructure initiatives, safety, and other production line throughput improvements efforts,

  • Demonstrated knowledge and application of GAAP.

  • Exceptional computer skills (Microsoft Office). Proficiency in ERP systems and advanced knowledge of Microsoft Excel.

  • Solid work ethic with a high level of energy and integrity.

  • Strong analytical, critical thinking and problem-solving skills.

  • Excellent communication and interpersonal skills, with the ability to effectively engage and influence stakeholders at all levels of the organization.

  • Excellent verbal, written, listening, and presentation skills and ability to clearly articulate complex information to others.

  • Strong problem-solving and decision-making abilities. Strong negotiation skills.

  • Ability to meet tight deadlines and be well organized; adjust plans to meet changing needs and requirements.

  • Strong business acumen, with the ability to align initiatives with organizational objectives and drive innovation and transformation.

  • Excellent leadership skills, with the ability to inspire and motivate teams, drive change, and foster a collaborative work environment.

Desired Skills:

  • Microsoft D365/DAX knowledge preferred, but not required.

Education:

  • Bachelor's Degree, Accounting major required.

  • Certified Public Accountant (CPA) or Certified Management Accountant (CMA) strongly preferred.

Benefits/Perks:

  • Medical, RX, Dental, and Vision Plans

  • Company-sponsored Life Insurance

  • Flexible Spending Account (FSA) - Medical, Dependent Care, & Commuter or Health Savings Account (HSA).

  • 401K Plan with Employer Contribution

  • Voluntary Term Life/AD&D Insurance, Short-Term and Long-Term Disability

  • Accident and Critical Illness Insurance

  • Pet Insurance

  • Employee Assistance Program (EAP)

  • Tuition Assistance Program

  • Weekly Pay

  • Paid Holidays

  • Employee Referral Bonus Program

  • Company social events throughout the year including tickets to sports events and concerts

  • Free Lunch Daily (Gibbstown)

  • On-site free Fitness Center with personal trainer (Gibbstown)

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