MW Fasteners is seeking an experienced and results driven controller to oversee financials of two manufacturing facilities: Addison, IL , Rockford, IL. The ideal candidate will be responsible for managing all accounting activities, including monthly closing, financial reporting, budgeting, forecasting, audit and compliance. This role has dotted line reporting to General Manager and serves as trusted business partner to support operations and manage high-stake projects.
Key Responsibilities:
- Monthly Closing:
- Close books and records in accordance with GAAP/IFRS
- Maintain Intercompany schedule, reconcile balance sheet accounts, manage reserves
- Ensure accurate inventory valuation by reviewing open and closed work order
- Analyze financial data to identify trends, variances, and areas of concern
- Budgeting & Forecasting:
- Partner with FPA during monthly forecast updates and annual budget cycle
- Monitor budget performance, present variance analysis, improve forecast accuracy
- Collaborate with department heads to ensure that budgetary goals are aligned with business objectives
- Working Capital Management:
- Develop and implement strategies to optimize working capital – primary focus inventory – work closely with buyers to ensure thoughtful purchasing strategies, work with operations to ensure reasonable levels of inventories are maintained
- Responsible for annual physical and/or cycle counts administration
- System & Process Improvement:
- Identify opportunities for process improvements and implement best practices
- Lead or participate in the implementation of financial systems or software upgrades.
- Ad hoc Reporting & Projects:
- Manage site capital expenditures by tracking CIP (construction in progress) balances, closing projects, providing forecasts, and completing project economics and submission for approval
- Assist senior management in decision-making by offering relevant financial data and analysis
- Coordinate audits and collaborate with internal and external auditors to ensure timely and accurate audit processes
Qualifications:
- Bachelor’s degree in accounting or finance (CPA, CMA, MBA, preferred, but not required).
- Minimum of 5-7 years of experience in accounting or finance, with at least 3 years in the manufacturing environment with demonstrated experience driving results in operational improvements
- Strong knowledge of GAAP and financial reporting standards.
- Experience with financial software and ERP systems (e.g., SAP, NetSuite, Visual, Epicor, OneStream, Workday Adaptive).
- Excellent analytical, problem-solving, and organizational skills.
- Effective communication skills with the ability to explain complex financial concepts to non-financial stakeholders
- Ability to develop professional relationships and influence business partners
