What are the responsibilities and job description for the Factory Controller position at SKF?
Requisition ID: 25089
Job Category: Finance & Control
Career level: Professional
Contract type: Permanent
Location:
Winsted, CT, US
#job-location.job-location-inline { display: inline; }
Factory Controller
Location: Winsted, CT
Salary Range: $111,000.00 to $125,000.00
About SKF:
SKF, reducing friction since 1907, re-imagining rotation for a better tomorrow!
SKF is an industry-leading manufacturer that has been a cornerstone in industrial life. Wherever there are machines or products in motion, SKF bearings are there to reduce friction. SKF drives the industries that support our way of life, powers the machines that put food on the table, and even helps explore the cosmos.
Sustainability is at the heart of everything we do. SKF is on pace to decarbonize all its production facilities by 2030.
We’re guided by our SKF values. Collaboration is critical to the success of our colleagues, partners, and customers. Curiosity and Courage provide a foundation for innovation and advancement. And we do this work out of Care for our people, customers, communities, and the planet.
We’re a company committed to a culture of belonging, where all our people are encouraged to be themselves and grow their careers in an equitable environment.
Learn about SKF at www.skf.com.
Summary
SKF Aerospace is a first-tier supplier to the global aviation industry and much more. We design & manufacture complex, high performance, high-value bearings in steel and advanced ceramics. Our production group, technologies, & products are at the heart of aerospace industry.
The Aerospace Business Unit takes care of everything related to Aerospace applications. This includes Sales, Manufacturing, Business Development, and creating new products and processes.
Key Responsibilities
In your role as Business Controller, directly reporting to the Cluster controller Aeroengine Europe and Balls Factories, you will be responsible mainly for the following activities:
Partner with Factory Management to provide timely financial analysis and key performance indicators (KPI’s) to maximize performance
Identify / initiate actions to improve profitability and assets turns, personally executing appropriate ones. Examples include working capital reduction strategies, contribution margin leakage and countermeasures, operations restructuring, product cost re-engineering, financial analysis and modeling, and sustaining lean manufacturing savings
Guide the annual organization of planning and budget allocation to promote the establishment of feasible goals aimed at consistent progress, accompanied by actionable steps to guarantee the realization of target results. Ensure a thorough understanding of plan drivers and opportunities / risks to facilitate development of cogent contingency plans
Facilitate the realization of specific results that either fulfill or excel beyond the planned benchmarks. Continuously monitor variances, identify risks and opportunities and initiate corrective actions
Ensure that internal controls and procedures are adequate (no significant deficiencies) and comply with the requirements of SKF Internal Control policy
Responsible for all Cost Accounting functions - establishing standard cost, variance analysis, and month-end closing
Coordinate the end-to-end transformation process, which involves collecting data, performing analytics, and presenting findings, to guarantee profitability across the full value network
Investment controlling, including strategy alignment analysis, and tracking of business benefits
Factory Finance support for quoting new business, which may include preparation of cost estimates and analysis
Support to FOC and tax department when necessary (annual audit, tax controls…) and prepare Ad Hoc analysis and reports as required
Engaged team member with a significant footprint in the manufacturing floor
You will also be responsible for controlling of Sales Unit in Winsted, CT (USA).
We expect you to have
Experience in business controlling background with accounting experience in a manufacturing environment
Ability to analyze financial data and prepare concise financial reviews to make better business decisions
Sound analytical, problem identification and problem-solving skills with demonstrated ability to be proactive and innovative, and use critical and strategic thinking
Experience developing and using Standard Cost Accounting
Excellent MS Office skills and a solid understanding of ERP systems. Experience with financial consolidation systems such as XA and SARA Masterpiece would be a plus
Strong professional verbal communications and interpersonal skills
Preferred experience with data analytics and digital tools such as PowerBI
Ability to work within and facilitate a team environment
You’ll like working here if
You’re good at dealing with people, solving problems, and making decisions. You can handle and organize your work on your own. Also, if you are good at organizing your time and working with a team of people from different cultures.
We offer
A chance to grow professionally in a team that’s international and always changing. You’ll get to use your skills and abilities, and work with colleagues who want to make a difference for our customers and for the planet!
What You’ll Love About SKF:
Rest and Relaxation. Enjoy a generous PTO policy and 13 paid holidays.
Work/Life Integration. SKF supports work/life integration, home, family, community, personal well-being and health.
Diversity in the Workplace. At SKF, we strive to embed Diversity, Equity and Inclusion in everything we do. By developing a culture of belonging, our people can flourish; leading to an inclusive, equitable environment that promotes leadership, engagement and innovation.
Best in Class Benefits. SKF cares about the wellbeing of our employees. Comprehensive healthcare options to fit your needs and opt out payment. Added benefits include company paid life insurance, STD, LTD. Supplemental benefits include critical illness coverage, tuition reimbursement, employee discount programs, and much more!
Bonus. SKF offers STVS (Short Term Variable Salary) or Sales Incentive based on company performance and at the discretion of management.
Invest in your Future. Participate in our 401K program that boasts a 10% employer contribution: 100% match up to 5% of your elected contribution (100% Vested) plus an additional 5% company contribution.
Job Category: Finance & Control
Career level: Professional
Contract type: Permanent
Location:
Winsted, CT, US
#job-location.job-location-inline { display: inline; }
Factory Controller
Location: Winsted, CT
Salary Range: $111,000.00 to $125,000.00
About SKF:
SKF, reducing friction since 1907, re-imagining rotation for a better tomorrow!
SKF is an industry-leading manufacturer that has been a cornerstone in industrial life. Wherever there are machines or products in motion, SKF bearings are there to reduce friction. SKF drives the industries that support our way of life, powers the machines that put food on the table, and even helps explore the cosmos.
Sustainability is at the heart of everything we do. SKF is on pace to decarbonize all its production facilities by 2030.
We’re guided by our SKF values. Collaboration is critical to the success of our colleagues, partners, and customers. Curiosity and Courage provide a foundation for innovation and advancement. And we do this work out of Care for our people, customers, communities, and the planet.
We’re a company committed to a culture of belonging, where all our people are encouraged to be themselves and grow their careers in an equitable environment.
Learn about SKF at www.skf.com.
Summary
SKF Aerospace is a first-tier supplier to the global aviation industry and much more. We design & manufacture complex, high performance, high-value bearings in steel and advanced ceramics. Our production group, technologies, & products are at the heart of aerospace industry.
The Aerospace Business Unit takes care of everything related to Aerospace applications. This includes Sales, Manufacturing, Business Development, and creating new products and processes.
Key Responsibilities
In your role as Business Controller, directly reporting to the Cluster controller Aeroengine Europe and Balls Factories, you will be responsible mainly for the following activities:
Partner with Factory Management to provide timely financial analysis and key performance indicators (KPI’s) to maximize performance
Identify / initiate actions to improve profitability and assets turns, personally executing appropriate ones. Examples include working capital reduction strategies, contribution margin leakage and countermeasures, operations restructuring, product cost re-engineering, financial analysis and modeling, and sustaining lean manufacturing savings
Guide the annual organization of planning and budget allocation to promote the establishment of feasible goals aimed at consistent progress, accompanied by actionable steps to guarantee the realization of target results. Ensure a thorough understanding of plan drivers and opportunities / risks to facilitate development of cogent contingency plans
Facilitate the realization of specific results that either fulfill or excel beyond the planned benchmarks. Continuously monitor variances, identify risks and opportunities and initiate corrective actions
Ensure that internal controls and procedures are adequate (no significant deficiencies) and comply with the requirements of SKF Internal Control policy
Responsible for all Cost Accounting functions - establishing standard cost, variance analysis, and month-end closing
Coordinate the end-to-end transformation process, which involves collecting data, performing analytics, and presenting findings, to guarantee profitability across the full value network
Investment controlling, including strategy alignment analysis, and tracking of business benefits
Factory Finance support for quoting new business, which may include preparation of cost estimates and analysis
Support to FOC and tax department when necessary (annual audit, tax controls…) and prepare Ad Hoc analysis and reports as required
Engaged team member with a significant footprint in the manufacturing floor
You will also be responsible for controlling of Sales Unit in Winsted, CT (USA).
We expect you to have
Experience in business controlling background with accounting experience in a manufacturing environment
Ability to analyze financial data and prepare concise financial reviews to make better business decisions
Sound analytical, problem identification and problem-solving skills with demonstrated ability to be proactive and innovative, and use critical and strategic thinking
Experience developing and using Standard Cost Accounting
Excellent MS Office skills and a solid understanding of ERP systems. Experience with financial consolidation systems such as XA and SARA Masterpiece would be a plus
Strong professional verbal communications and interpersonal skills
Preferred experience with data analytics and digital tools such as PowerBI
Ability to work within and facilitate a team environment
You’ll like working here if
You’re good at dealing with people, solving problems, and making decisions. You can handle and organize your work on your own. Also, if you are good at organizing your time and working with a team of people from different cultures.
We offer
A chance to grow professionally in a team that’s international and always changing. You’ll get to use your skills and abilities, and work with colleagues who want to make a difference for our customers and for the planet!
What You’ll Love About SKF:
Rest and Relaxation. Enjoy a generous PTO policy and 13 paid holidays.
Work/Life Integration. SKF supports work/life integration, home, family, community, personal well-being and health.
Diversity in the Workplace. At SKF, we strive to embed Diversity, Equity and Inclusion in everything we do. By developing a culture of belonging, our people can flourish; leading to an inclusive, equitable environment that promotes leadership, engagement and innovation.
Best in Class Benefits. SKF cares about the wellbeing of our employees. Comprehensive healthcare options to fit your needs and opt out payment. Added benefits include company paid life insurance, STD, LTD. Supplemental benefits include critical illness coverage, tuition reimbursement, employee discount programs, and much more!
Bonus. SKF offers STVS (Short Term Variable Salary) or Sales Incentive based on company performance and at the discretion of management.
Invest in your Future. Participate in our 401K program that boasts a 10% employer contribution: 100% match up to 5% of your elected contribution (100% Vested) plus an additional 5% company contribution.
Benefits:
Health Insurance, 401K Plan, Vacation & Paid Time OffSalary : $111,000 - $125,000