What are the responsibilities and job description for the Assistant Controller - HES position at Hubbell Incorporated?
Job Overview
The Assistant Segment Controller serves as a key member of the Hubbell Electrical Solutions (HES) finance team. This role reports to the Segment Controller and interfaces regularly with the SBU and BU Controllers, Corporate controllership and operational finance teams. The Assistant Segment Controller will be responsible for timely and accurate closing and ensuring a strong control environment across the segment.
A Day In The Life
Required Qualifications
Hubbell creates critical infrastructure solutions that power our customers, communities, people and the planet. Our company is strategically aligned around enabling grid modernization and electrification. As more products plug in to an aging grid, Hubbell solutions enable the transition to a more reliable, resilient and efficient energy infrastructure. Founded in 1888 our innovation has made us a leading global manufacturer of high quality electrical and utility solutions enabling customers to operate critical infrastructure reliably and efficiently.
The company operates in two segments. Hubbell Utility Solutions (HUS) enable the grid to conduct, communicate and control energy across utility applications and Hubbell Electrical Solutions (HES) are essential to managing power across a wide range of industries and applications. Our vertical market solutions can be applied to markets including Data Centers, Renewables, Commercial Buildings, Industrial, Telecom and Transportation. Supporting both of our business segments is our corporate and Hubbell Unified Business Solutions teams that provide consistent process, tools technologies across our businesses.
We are committed to operating sustainably and ethically while promoting an inclusive and supportive culture for our people to grow and develop in their careers. Our employees proudly work and serve our communities from our headquarters in Shelton, CT, across the United States and around the globe.
Hubbell Electrical Solutions
Hubbell Electrical Solutions (HES) are essential to managing power across a wide range of industries and applications. HES provides the critical components that allow operators of buildings, factories and other industrial infrastructure to connect, protect, wire and manage power.
Hubbell Incorporated, its subsidiaries and affiliates, is an EO Employer AA: M/F/Veteran/Disability. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender identity or any other protected class.
The above summary of position responsibilities and requirements is not intended, and should not be construed, to be an exhaustive list of duties, skills, efforts, physical requirements, or working conditions associated with the position. It is intended to be an accurate reflection of those principal position elements essential for making decisions related to position performance, employee development, and compensation.
The Assistant Segment Controller serves as a key member of the Hubbell Electrical Solutions (HES) finance team. This role reports to the Segment Controller and interfaces regularly with the SBU and BU Controllers, Corporate controllership and operational finance teams. The Assistant Segment Controller will be responsible for timely and accurate closing and ensuring a strong control environment across the segment.
A Day In The Life
- Responsible for leading timely and accurate month end close process, including preparing and/or reviewing journal entries, account reconciliations & analysis
- Prepare and review monthly/quarterly income statement, balance sheet and cash flow flux analysis
- Review key financial metrics on a monthly basis and resolve issues within the Company’s financial reporting and consolidation system
- Review monthly balance sheet reconciliations for multiple business units
- Analyze and make assessments of financial statements and related metrics
- Ensure a strong control environment by monitoring key SOX controls across the segment and leading deficiency remediation.
- Interface with internal and external audit teams to provide support from the BU side
- Lead the segment’s annual goodwill impairment analysis by working closely with the SBUs and Corporate developing financial projects and key assumptions to support the analysis
- Partner with the commercial team to understand and assist with calculating customer incentives as well as sales commissions (pay-outs and accruals).
- Partner with internal shared service providers to foster strong ties with BU finance teams and to ensure the effective provision of centralized accounting services to multiple BUs
- Effectively communicate financial information to non-financial managers
- Efficiently obtain, organize and transform data in Excel, Business Intelligence and related applications
- Work across all levels of the organization and effectively communicate to influence change
- Complete ad hoc financial information requests and various special projects as needed
- Plays a key role integrating newly acquired businesses into Hubbell’s control environment and financial reporting structure
- Act as a functional area expert for the financial consolidation systems (OneStream)
- Effectively interact with Hubbell stakeholders in person and remotely via video conference using company provided equipment
- Travel as necessary and within reason to Hubbell & related sites within and outside of the US
- Work outside of regular business hours during monthly, quarterly, and year-end closing cycles, plan cycles and other periods of peak internal demand
Required Qualifications
- Bachelor's or Master’s degree in Accounting, from a four-year college or university required, CPA/CMA and/or MSA/MBA are a plus
- 8 Years of progressive finance/accounting experience, preferably within a publicly traded global manufacturing company and/or public accounting firm
- Exceptional understanding of US GAAP, transactional accounting within a manufacturing company model and with a monthly accounting close process
- Experience operating with SOX 404 compliance required
- Familiarity with standard cost systems a plus
- Previous experience obtaining and transforming data to solve complex problems
- Previous experience with acquisitions/integrations/purchase accounting is a plus
- Ability to effectively identify, diagnose and communicate the impact of complex transactions to the company’s leadership team
- Excellent verbal, written communication and presentation skills
- OneStream or other financial consolidation package and SAP experience desired
- Expert working knowledge of MS Excel
- Proven ability to work well with others in a diverse organization
- Highly organized with an ability to work well under tight time constraints
- Self-starter who is able to work independently and execute projects effectively
- Ability and desire to visit manufacturing facilities from time-to-time
Hubbell creates critical infrastructure solutions that power our customers, communities, people and the planet. Our company is strategically aligned around enabling grid modernization and electrification. As more products plug in to an aging grid, Hubbell solutions enable the transition to a more reliable, resilient and efficient energy infrastructure. Founded in 1888 our innovation has made us a leading global manufacturer of high quality electrical and utility solutions enabling customers to operate critical infrastructure reliably and efficiently.
The company operates in two segments. Hubbell Utility Solutions (HUS) enable the grid to conduct, communicate and control energy across utility applications and Hubbell Electrical Solutions (HES) are essential to managing power across a wide range of industries and applications. Our vertical market solutions can be applied to markets including Data Centers, Renewables, Commercial Buildings, Industrial, Telecom and Transportation. Supporting both of our business segments is our corporate and Hubbell Unified Business Solutions teams that provide consistent process, tools technologies across our businesses.
We are committed to operating sustainably and ethically while promoting an inclusive and supportive culture for our people to grow and develop in their careers. Our employees proudly work and serve our communities from our headquarters in Shelton, CT, across the United States and around the globe.
Hubbell Electrical Solutions
Hubbell Electrical Solutions (HES) are essential to managing power across a wide range of industries and applications. HES provides the critical components that allow operators of buildings, factories and other industrial infrastructure to connect, protect, wire and manage power.
Hubbell Incorporated, its subsidiaries and affiliates, is an EO Employer AA: M/F/Veteran/Disability. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender identity or any other protected class.
The above summary of position responsibilities and requirements is not intended, and should not be construed, to be an exhaustive list of duties, skills, efforts, physical requirements, or working conditions associated with the position. It is intended to be an accurate reflection of those principal position elements essential for making decisions related to position performance, employee development, and compensation.