Controller - Fiber Laser BU

Primary Duties & Responsibilities

Planning and Forecasting


* Manages and coordinates preparation of the budget plan for the BU.


* Manages and coordinates preparation of forecast and budget and other financial forecasts as required for the BU.

Ensure materials are prepared ahead of the meetings to enable a thorough review.


* Supports the BU in the development of long-range strategic plans and provides leadership in the preparation of long-range financial plans.


* Prepare analysis of financial options to help the BU meet their budgets/forecasts.

This can include looking at GAAP vs non-GAAP scenarios.

Reporting and Analysis


* Provides accurate and timely financial reporting for the BU on key financial metrics with appropriate analysis.


* Monitors budget vs.

actual variances and proactively communicates and/or resolves issues as appropriate.


* Actively supports and participates in periodic BU reviews, providing financial insights regarding business trends, potential profitability impact and recommended actions.


* Actively participates in the PIP process to ensure financial integrity of business cases including making sure that market forecasts and cost forecasts are thoroughly vetted and credible.

Escalates to BU management review of programs that do not appear financially sound.


* Provides financial analysis and support as needed to BU management for new product introduction what-ifs, cost reductions and operational efficiency initiatives etc.


* Identifies opportunities to improve the profitability of the BU, including opportunities for revenue/margin growth, cost and expense savings, and process improvements.


* Provide actual, budget and forecast update reports to BU management and corporate finance management.

Other


* Primary interface to Corporate Finance and source of financial information required by Corporate Finance.


* Provide financial support to Business Development on potential deals that impact the BU.


* Provide capex updates for all BU sites.


* Follow up inventory values, E&O, scrap for all BU sites.


* Provide cost updates, forecast for new and current products.


* Report and provide forecast for other Business Units regarding their R&D expense which are part of this BU expense.

Education & Experience

Education: B.S in Accounting or Finance is required; Advanced degree in Cost Accounting; CPA, CMA, MBA is preferred

Experience: Minimum of ten years in management preferably in a high-tech environment with experience in financial management, cost accounting, and global intercompany transactions.

Skills


* Strong managerial, supervisory and leadership skills


* Understanding of fully integrated ERP system/supply chain


* Superior knowledge of cost accounting and standard cost systems


* Experience with Manufacturing/Cost Accounting is required


* Oracle and Hyperion experience is strongly preferred


* Advanced Microsoft Excel...