Plant Controller at Seven Life Sciences in Lawrence, Kansas

Posted in Other 2 days ago.

Type: full-time





Job Description:

Plant Controller

Role

  • Plant Controller is responsible for all accounting and finance activities at the Kansas site
  • The facility is a leading contract manufacturer in the Medical Device and Pharmaceutical space with 125+ employees growing to 175+ in the near future
  • This role will report to the CFO based at the Corporate HQ location
  • This is a hands-on leadership role involved in all aspects of Plant Accounting
  • This person will initially have 2 people reporting into this role to expand with the business

Position Responsibilities

Financial Accounting
  • Responsible for oversight of the entire accounting function for the plant: including cash management, AR/AP, inventory, capital assets, tooling, intercompany transactions, and other related accruals.
  • Lead the month end process and ensure all deadlines are met.
  • Approve all standard and nonstandard journal entries.
  • Ensure financial statements are prepared in accordance with GAAP.
  • Complete monthly balance sheet reviews and reconciliations.
  • Monitor, approve and analyze plant spending, capital and tooling projects and working capital management.

Cost Accounting
  • Ensure accuracy of costs and inventory transactions
  • Review inventory transactions, compare actual to standard costs and resolve any discrepancies identified.
  • Perform a yearly BOM (bill of material) review and update standard cost according to the budget for overhead, direct labor, material etc.
  • Generate new bill of material for program launches in the ERP system (IQMS).
  • Process and approve any inventory adjustments need for plant (Cycles & Scrap).

Management Accounting
  • Prepare monthly forecasts and perform local financial analysis for plant management.
  • Complete financial package and bridge analysis for monthly corporate management reviews.
  • Complete monthly plant performance KPI's and review with management.
  • Lead the annual budgeting process involving various departmental managers in the development of manpower and controllable spend budgets to encourage accountability and ownership.

Continuous Improvements
  • Support CI initiatives, ensuring projects are defined with clear financial objectives and results are tracked and reported accordingly.
  • Assist plant management in decision making process that allows for profit maximization.
  • Work closely with all departmental heads to identify inefficiencies and potential cost savings initiatives including freight cost savings, improvements in inventory management, labor & scrap reductions, etc.

Internal Controls and Audit requirements
  • Coordinate & support internal and external auditors for annual and quarterly audits. Address any findings promptly and put corrective actions in place.
  • Identify deficiencies in controls and assist with strengthening existing controls.
  • Ensure compliance with all corporate financial policies.

Minimum Qualifications

  • Degree in Accounting, Finance, or related field.
  • CMA/CGA designation or MBA preferred.
  • Minimum of 7 years related experience in high-volume manufacturing.
  • Controller experience in manufacturing with solid background in cost accounting.
  • Strong leadership skills with experience with direct reports.
  • Clear and concise communicator who can articulate to Senior Management as well as manufacturing personnel.
  • Ability to work in a fast-paced environment and consistently meet deadlines.
  • Excellent organizational and time management skills with ability to multi-task.
  • Strong proficiency in MS Office Suite.
  • Oracle, IQMS experience preferred.
  • Experience in FDA regulated Industry, specifically Pharma or Medical Device Industry

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