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Controller

Company: Meritor, Inc.
Location: Escondido
Posted on: September 6, 2020

Job Description:

The Controller will be responsible for the integrity of financial reporting for the two Electrification facilities. This includes a strong control environment, drive for continuous improvement, delivering solid customer service, reporting of financial results, SOX compliance and remediation of any identified issues. This position must provide sound business and operational as well as financial leadership to the Electrification team. Job Responsibilities: Financial Support & Analysis Direct preparation of monthly close process including performing/overseeing AR/AP reconciliations, monthly forecast, annual operating plan (AOP) and other Ad Hoc financial analysis, as required Provide variance analysis to all key stakeholders including plant management and corporate team in Troy, MI Implement standard cost accounting and analysis through Microsoft Dynamics (ERP) to ensure the accurate representation of costs and inventory valuation. This includes material, freight, labor and manufacturing overhead Assure that all inventories are represented properly relative to quantity, cost and categorization (Raw, WIP and finished goods) Review of all inventories (including MRO, consigned, off site warehouses) at a minimum quarterly, and establish appropriate valuation reserves for slow move, no move, lower cost or market, obsolete and shrinkage Direct Finance/Accounting team in support of annual physical inventory Provide high level of customer service to all operational / functional leaders to provide accurate, timely and pertinent information to maximize returns for the business Lead various focus groups in their efforts to reduce labor and burden costs Support and monitor plant management in addressing operational issues of the site, including identifying corrective action plans Proactively evaluate financial assumptions and projections to ensure that they are accurate, reasonable and complete Lead continuous improvement projects within Electrification plants to drive cost and process efficiencies Optimizing Control Environment Ensure that work processes and initiatives are undertaken in a fiscally, legally and operationally responsible manner and are subject to review and/or audit on a regular basis Implement robust SOX control environment consistent with Meritors policies and procedures. Continually evaluate and improve control environment to ensure it functions properly to safeguard assets Limit financial exposure by ensuring compliance with corporate policies and lead remediation of any deficiencies Leadership / Other Oversee (1) direct report and coordinate with the Electrification finance team in Troy, MI Improve capabilities and strength of Finance team through assessment, staffing, training, and process implementation Utilize Succession Development Process assessment for employee development Other ad hoc assignments or projects as required Degree in Business Administration with emphasis in Finance or Accounting is required; MBA, CPA preferred 8+ years experience in financial analysis, cost accounting & financial support of Manufacturing Operations preferred; Prior Controller position a plus Excellent PC skills required including Excel, Access, PowerPoint & Word Microsoft Dynamics (NAV) experience preferred Strong presentation and communication skills required; (both verbal and written) Deadline & business driven with ability to work independently Strong analytical, organizational, and communication skills. Supervisory experience preferred

Keywords: Meritor, Inc., Escondido , Controller, Accounting, Auditing , Escondido, California

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