The posting
Since 1965, Stoneridge has designed and manufactured advanced, award-winning technologies including driveline and transmission actuation systems, vision systems, emissions control systems, safety systems, and security and monitoring systems for vehicle OEMs in the commercial vehicle, automotive, off-highway and agricultural vehicle markets. We’re focused on the areas of greatest market need – both today and tomorrow. Our core products and technologies are aligned with industry megatrends including safety and security, vehicle intelligence, fuel efficiency and emissions. Join the Stoneridge Team as we continue to build upon our strong history and reputation for quality products to deliver innovative products and systems that address a need, exceed our customers’ expectations, and motivate our team.
Job Description
Job Summary:
The Site Controller will measure the performance of the site and each of its operating areas against previously established plans, budgets and analyze variances and their causes and then drive corrective action.
The Site Controller manages all site accounting personnel in the development, implementation and maintenance of the accounting system, as well as providing financial and cost data to management (partner to the Plant Manager). This position will establish, implement, and direct financial controls, policies and practices for the site.
Responsibilities:
- Provides financial analysis support to operations and the site management team – Partner with Plant Manager
- Supervises the plant finance team including:
- General ledger and financial reporting
- Accounts Payable
- Accounts Receivable
- Inventory and Costing
- Fixed Assets
- Payroll
- Tax
- SOX compliance
- Provides data and financial leadership to the site management team to drive value-creating growth using return on investment and cash generation measures for long-term sustainable performance in support of the strategic objectives.
- Responsible for the budget and forecasts, including ongoing variance analysis.
- Responsible for the weekly/monthly/quarterly/annual consolidated actual reporting and forecasting requirements including detail monthly variance reporting (Causal Analysis, Etc.).
- Participates in the consolidation of the business plan at the site level
- Provides financial analysis and controls covering diverse financial issues, e.g., leasing, capitalization, assets, projects, allocations.
- Delivers business analysis to guide clear management understanding of variances to plan and helps develop clear corrective actions, both in profit performance and management of fixed assets and working capital in the balance sheet.
- Liaises with Treasury to manage the appropriate capital and financing structure.
- Develops and maintains effective working relationships within the site and business unit, including its various locations along with corporate financial management.
- Ensures compliance with all financial policies and procedures, including accounting standards, local legal & taxation requirements, company rules and delegated authorities.
- Ensures compliance with and local statutory and taxation reporting requirements as applicable.
- Ensures a robust and complete control environment, including:-
- Developing a formally documented set of Financial Process controls
- Ensuring rigorous adherence to and application of the processes at all times, certifying to this effect on a monthly basis
- Plant’s inventory valuation (cost accounting principles) and ensures inventory reporting accuracy
- Monthly reconciliation of all BS control accounts
- Ensures appropriate provisions made in the BS, representing the genuine risks and liabilities of the business
- Ensuring the accuracy of the financial reporting to the Division and Group
- Certify compliance to all SOX Requirements
- Champions the accuracy and completeness in use of the business systems.
- Provides financial analysis and control for capital expenditure projects and major cost reduction initiatives.
- Supports the requirements of internal and external audit activities.
- Provides support as needed to the manufacturing site on other projects as requested.
- Drive the weekly cash forecast process for site
Stoneridge is an Equal Employment Opportunity Employer. We do not discriminate against any applicant or employee based on race, color, religion, national origin, gender, age, sexual orientation, marital status, mental or physical disability, genetic information, veteran status or any other characteristic protected by the applicable laws in the countries we operate. Stoneridge also prohibits harassment of applicants or employees based on any of these protected categories.
