What are the responsibilities and job description for the Plant Controller - Richland Center & Lancaster position at Foremost Farms USA?
Position Overview:
The Plant Controller is responsible for all financial aspects of their assigned plants’ operations, acting as a business partner with plant management and leadership, ensuring accurate inventory valuation and manufacturing expenses in accordance with company policies and procedures. The Plant Controller is also a strategic member of the plant management team driving the plant to meet and exceed financial targets through their leadership on cost reduction opportunities and yield improvements to grow profit margins.
Key Accountabilities:
Ensure accurate monthly plant costs and conduct financial reviews with plant and finance leadership focused on variance analysis:
Variable & Fixed Costs
Inventory Metrics & Valuation
Depreciation & Taxes
Other KPIs, such as headcount or utility usage rates, which drive operational variances
Risk & Opportunities
Build the Annual Financial Operating Plan for each plant:
Validation of production plans and projected yields including bill of material (BOM) maintenance and in-standard productivity
Raw & Pack shrink rates
Variable costs and BOM routings
Fixed costs and projected absorption rates
Advise corporate FP&A on impacts to depreciation & taxes
Identify opportunities to achieve year-over year financial improvements
Deliver operational results:
Partner with plant leadership to mitigate risks to plan
Guide cost reduction opportunities to implementation
Support strategic initiatives which drive operational and process improvements
Optimize resource utilization during max production windows and planned downtime via understanding financial tradeoffs
Support maintenance/non-ROI capital projects
Support product life-cycle management initiatives
Support a strong controls environment:
Ensure segregation of duties in accordance with company policies and procedures
Oversee physical counts of spare parts and fixed assets at the prescribed frequency and book inventory adjustments accordingly
Manage inventory and finished goods cycle counts
Plant leader on expense policies, i.e. no PO no pay
Minimum Qualifications:
2 years of experience in a Plant Controller role or 3 years in other key Finance Leadership roles.
Preferred Qualifications:
Bachelor’s degree (or equivalent) in finance or accounting
Dairy or food manufacturing cost accounting experience
Physical Setting:
Onsite 3-4 days a week with flexibility to work remotely 1 day per week
Ability to travel up to 40%
Benefits:
Because you and your family matter, Foremost Farms offers some of the best benefits in the area! Our comprehensive medical plan includes health, vision, dental, and prescription insurance. You can choose to enroll in a single or family plan with low monthly premiums and low annual deductibles ($250/$500). Other benefits include:
- 401(k) with a generous company contribution (100% match on up to 8% deferral)
- Paid time off, starting at 200 hours (25 days)
- 10 Paid holidays
- Paid parental leave (6 weeks paid at 100%)
- Flexible spending accounts – for medical and dependent care (childcare) expenses
- Life and disability insurance
- Option: Get paid everyday with Daily Pay!
- Employee Assistance Program
- Referral program
Advancement opportunities!
Don’t meet every single requirement? At Foremost Farms we are dedicated to building a diverse and inclusive workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.