Controller

Posted 2 Days Ago
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Hatfield, PA
Senior level
Hardware • Other • Retail
The Role
The Controller will manage finance, accounting, and IT for an $80M business, leading processes to maintain financial records, develop internal controls, forecast operating income, and manage audits. This role requires strategic partnership with management to enhance financial performance and talent development.
Summary Generated by Built In

Company Description

Simco-Ion has been in the static control business since 1936, and its longevity speaks to its success at improving safety, increasing efficiency, and lowering overall customer costs. At the forefront of the static control industry for over 80 years, today, Simco-Ion is a global enterprise with vast intellectual property and resources. When working at Simco-Ion, you will be empowered in an environment that encourages open communication and big ideas, competitive pay for your performance, comprehensive benefits, and opportunities to make an impact.

ITW is a Fortune 200 Manufacturing Company with fifty thousand employees worldwide. We are known for innovation, diversification, and excellent financial performance.

Electrostatics Division, part of the Test, Measurement, and Electronics segment is industry leading manufacturer and designer of static control devices for equipment makers and end users. Electrostatics division revenues are ~$250MM per year and it is headquartered in Hatfield, PA USA. The division has operations in the USA, Europe, China, and Asia, including nine manufacturing plants and xx employees. Electrostatics division brands include Simco-Ion, Eltex, Pillar Technologies, Teknek, Opto Diode, Vortec, Paxton, AEGIS).

To learn more about the Simco-Ion, Technology Group and what we do, please visit our website at:

https://www.simco-ion.technology and our corporate website at: https://itw.com/

Job Description

As a key member of the Simco Ion Leadership Team, The Controller will serve as a key business partner to the business unit managers at both the PA and CA locations. They will manage the finance, accounting, and IT functions of this $80M business. This role is the financial leader for Simco-Ion and a key member of the management team. The successful candidate is an excellent business and financial leader, while also being a strong manager and developer of talent.

Key Responsibilities

  • Lead accounting and finance processes and practices for the business unit, including:
    • Maintain financial statements/records of the business unit
    • Develop and enhance internal controls, policies and procedures and implement best practices.
    • Set key financial performance indicators and effectively communicate financial analysis and recommendations to the management team to improve financial performance.
    • Develop key financial metric reports for the management team, including ad-hoc reports as needed
    • Monthly forecasting of operating income and revenue with business unit manager and operations
    • Coordinate and manage the internal and external audit process.
    • Consolidate results with Chinese division.
  • Partner with the management team to develop and execute strategies in all areas of the business including the long-range plan (LRP) and annual plan (AP). Creatively approach and automate functions to improve efficiency.
  • Protect business assets and manage risk.
  • People leadership & talent development: manage finance/IT department personnel and establish strong working relationships with other key division financial colleagues.
  • Apply financial and market/industry knowledge and stay abreast of current trends
  • Evaluate projects that support additional investment or enhance the current development of assets and resources with the goal of improving the profitability of the organization.
  • Act with integrity and candor in all areas of influence.

Qualifications

Bachelor’s degree in accounting, MBA and/or CMA/CPA preferred, and a minimum of 5 years of experience in finance. CPA is preferred.

  • 5 to 7 years in finance/accounting leadership role across multiple financial functions including AR, AP, GL, cost accounting, financial processes, internal controls, forecasting, and planning
  • Experience in public and multinational companies.
  • Experience in finance and accounting in a manufacturing company environment.
  • Ability to exercise independent and sound judgment and solve practical business problems in a prompt manner and often under tight deadlines.
  • Excellent leadership skills, high emotional intelligence, and cultural awareness.
  • Commercially aware, able to tell a business story with numbers.
  • Strong computer skills in MS Word, Excel, PowerPoint, Outlook
  • Experience with Infor XA ERP and Power BI is a plus.
  • Ability to continuously improve accounting function
  • Desire to lead, mentor and manage a team
  • Prior management experience is preferred

Other duties as assigned by the Business Unit Manager

Additional Information

Working Environment

  • Located in Hatfield, PA
  • Travel less than 10%

PREFERRED SKILLS:

  • Teamwork: Actively participates in teams by contributing to the operating unit’s goals, offering input and new ideas. 
  • Internal Customer Satisfaction: Builds partnerships with internal customers by regularly demonstrating a high level of expertise and professionalism. Keeps internal customers informed of timelines and action plans. Independently assesses and effectively responds to internal customers’ requests. Implements solutions by following company policies and procedures. Follows through on commitments made to internal customers. 
  • Problem Solving: Ability to determine the best path to resolution. Daily decisions must be made regarding prioritizing multiple issues simultaneously. Solve problems when there are no available precedents, guidelines, or policies by drawing upon experience, research, input from peers, & accounting staff. 
  • Communication: Communicates to the operations manager, sales, customer service, accounting team, and other departments to ensure effective two-way interaction. Superior written and verbal communication skills are required. 
  • Leadership/Initiative: Actively seeks accounting and financial improvements. Actively participates in the development of the team, seeking opportunities that foster skill development. Consistently demonstrates integrity and high work standards. 
  • Business Knowledge: Keeps current with latest company developments along with industry trends.

WORK ENVIRONMENT 

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job, within typical office working conditions.

While performing the duties of this position, the employee is occasionally exposed to fumes, airborne particles, climate variances, and moving mechanical equipment typically found in a manufacturing environment. The noise level in the work environment (office) is usually low, but much higher when exposed to the manufacturing areas. Certain personal protective equipment is required when in the manufacturing areas. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. 

PHYSICAL DEMANDS 

While performing the duties of this job, the employee is frequently required to sit, stand, talk, hear, and reach with hands and arms and is regularly required to walk. Employee must be able to endure frequent bending, kneeling, standing, and walking on hard surfaces such as concrete. Specific vision abilities required by this position include close vision and the ability to adjust focus. Employee must be able to lift/move product materials up to 30 pounds. 

The position requires approximately 10% travel. 

Our employees enjoy competitive, merit-based salaries plus excellent benefits including:

  • Health and dental insurance
  • Company Paid Life Insurance / Short and Long Term Disability
  • 401K plan with generous company match
  • Vacation, personal days and holidays
  • Continuing education reimbursement program
  • Flexible spending accounts

ITW Company Overview

ITW was built on innovation and the strength of new ideas. These values have helped us expand into multiple platforms in nearly 60 countries. But at each of our businesses, the independent entrepreneurial spirit and freedom to innovate remain strong. It’s the highly talented people at ITW businesses all over the world who drive our success through new products and customer-driven solutions. Together, we are ITW—a Fortune 200 company that has prospered for 100 years and changed the way people live and work, all over the world.

ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences, and ideas and create workplaces where everyone can develop their careers and perform to their full potential. 

As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship. 

All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.

ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential. 

As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship. 

All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.

ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential. 

As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship. 

All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.

Top Skills

,
The Company
HQ: Glenview, IL
45,000 Employees
On-site Workplace
Year Founded: 1912

What We Do

ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $14.1 billion in 2019. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 45,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture.

From state-of-the-art dishwashers, ovens and refrigerators in restaurants and hotels, to automobile components inside vehicles all over the world ... the products we manufacture and the solutions we design are all around us. The buildings where we live and work are built with ITW construction and welding products, and our ITW test & measurement solutions help to ensure the quality and safety of millions of products.

ITW’s dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture. Our leaders have deep expertise in the ITW Business Model and leverage it to deliver superior performance and value to our customers.

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