What are the responsibilities and job description for the Plant Controller position at 1440 Foods?
1440 Foods is a sports and active nutrition company on a mission to help energize people to unleash their potential with a focused portfolio of accessible, great-tasting health and wellness brands: Pure Protein® nutrition bars; and Body Fortress® high efficacy protein powders; MET-Rx® high-performance meal replacements; and FitCrunch® delicious high protein snacks. Join our fun, fast-paced company to be a part of growing 1440 Foods into the future!
Position Overview
The Controller will be a key member of our manufacturing leadership team and play a pivotal role in day to day financial operations of the plant ensuring financial transparency, accuracy, and accountability across the manufacturing operations and co-own the plant P&L. Through strategic financial planning, analysis, and process optimization, the Controller will contribute to the overall profitability and growth of the organization.
Job Responsibilities
Financial Analysis
Exposure to both the office setting and food manufacturing facility.
Position Overview
The Controller will be a key member of our manufacturing leadership team and play a pivotal role in day to day financial operations of the plant ensuring financial transparency, accuracy, and accountability across the manufacturing operations and co-own the plant P&L. Through strategic financial planning, analysis, and process optimization, the Controller will contribute to the overall profitability and growth of the organization.
Job Responsibilities
Financial Analysis
- Serve as the main point of contact for monthly financial forecasts, including cash forecast, inventory forecast, plant P&L analysis, and site planning with volume forecasts for long-term profitability planning.
- Develop and monitor the 5-year capital expenditure plan and track the execution of the current year's spending.
- Act as the go-to resource for analysis on plant spending and identify opportunities for loss reduction and improvement.
- Conduct spend analysis on all indirect and conversion costs and analyze lead times to identify areas for improvement.
- Lead and coordinate the financial compliance process at the plant, including cycle counts, reporting accuracy, and cost accounting for the site.
- Assist with financial transactions including payroll, payment assistance for vendors, cash flow forecasting, monthly close process, inventory management and cost accounting.
- Build out weekly and monthly reporting structures with the team.
- Design appropriate presentations to present financial information to executive leadership, including monthly and annual presentations to internal plant stakeholders and executive leaders.
- Maintain accurate and organized financial records as required by law.
- Lead compliance efforts and gather information to ensure all relevant state incentives are captured and the necessary information is provided to obtain relevant tax credits.
- Consolidate plant metrics and integrate them into the relevant corporate structure.
- Work closely with department heads and managers to understand their needs and drive the business forward.
- Promote an inclusive environment where all departments collaborate to support production costs.
- Learn and develop processes for the financial system (NetSuite) to ensure financial accuracy in BOMs, financial reporting, and maintain the integrity of all financial reporting systems.
- Oversee the execution of the HRIS system for payroll assistance and benefits payout and maintain the system's integrity.
- Serve as a plant leader to develop and foster a positive culture.
- Conduct daily manufacturing GEMBA walks.
- Lead and coach production and plant employees to understand key KPIs and financial metrics.
- Knowledge of financial and financial reporting best practices.
- Ability to develop and implement financial controls.
- Detail-oriented with the ability to challenge numbers and reporting.
- Ability to resolve reporting and financial system issues.
- Passion for manufacturing and willingness to support cross functional teams while designing robust financial processes.
- Bachelor’s degree in business finance or related field
- Proven experience (7 years) in a manufacturing environment for financial analysis
- Experience in managing capital projects and assist in the project tracking for a plant build-out.
Exposure to both the office setting and food manufacturing facility.
- Significant amount of time working at a computer station
- Occasional visits to various areas of the manufacturing floor
- Must wear required PPE while in all manufacturing areas.
- Moving parts and machinery are present in the plant.