What are the responsibilities and job description for the Plant Controller position at CompX Security Products?
Position Responsibilities:
- Monthly Closing: Prepare financial statements, report findings, conduct analysis, and perform journal entries/reconciliations.
- Cost Accounting: Investigate the sources of variances and identify potential solutions, including those related to price, production, and count variances.
- Management Reporting: Prepare standard reports and conduct ad hoc analysis as needed.
- Policy compliance: corporate financial policies and procedures, as well as Sarbanes-Oxley control ownership and oversight.
- Budgeting: Assist in the planning process and conduct monthly variance analysis.
Required Knowledge and Skills:
- Strong understanding of accounting and financial principles, regulations, and best practices.
- In-depth knowledge of GAAP and applicable regulations.
- Highly organized with keen attention to detail.
- Proficient in data analysis, critical thinking, and problem-solving.
- Excellent written and oral communication along with interpersonal skills.
- Experienced with basic office and accounting software programs and ERP systems.
- Strong collaboration and teamwork skills.
- Leadership abilities and capacity to work well within a team.
- Capability to prioritize tasks and manage multiple responsibilities.
- Competence with financial software and technology.
- Self-motivated with strong analytical, critical thinking, and problem-solving skills.
- Proficiency in Microsoft Office suite.
Additional Responsibilities:
- Provide strategic financial guidance to the plant leadership team, with recommendations for cost savings, efficiency improvements, and financial optimization opportunities.
- Maintain plant-level cost accounting and inventory systems.
- Comprehensive understanding of month-end closing processes.
- Manage the plant's financial performance by ensuring timely and accurate financial reports.
- Analyze financial data to identify trends, risks, and opportunities for improvement.
- Develop and maintain the plant's annual budget and forecast cycles.
- Monitor actual financial performance against budget/forecast, providing analysis/insights to the plant leadership team.
- Collaborate with other CompX facilities to ensure accurate and timely financial reporting and analysis.
- Protect assets by establishing, monitoring, and enforcing internal controls.
- Assist in the preparation of audit workpapers and interact with external auditors.
- Prepare ad-hoc reports by compiling, analyzing, and summarizing information and trends.
- Ensure confidentiality of financial information and plans.
Essential Skills and Experience:
- Bachelor’s degree in accounting, finance, or a related field.
- Experience with public companies and Sarbanes-Oxley (SOX).
- Strong background in manufacturing, especially in cost accounting and inventory management.
- Experience with ERP systems (Infer Syteline is a plus) and advanced proficiency in Microsoft Excel.
- 7-10 years of experience in accounting and finance, preferably in a manufacturing environment.
- Strong knowledge of cost accounting, inventory management, and financial analysis.
- Excellent communication and collaboration skills, with the ability to work effectively with cross-functional teams.
- Ability to work independently and manage multiple priorities.
- CPA or advanced degree is not required.
- Advanced PC and spreadsheet skills.
Preferred Skills and Experience:
- Experience with Syteline ERP software is a plus.
Custom Marine Inc. is an Equal Opportunity Employer.