Controller

Open Date 4/15/2024

Shift -not applicable-

Category Accounting/Finance

Division Ohio Tool Works

Location Ashland Ohio

Remote Position Y/N

Full-Time/Part-Time Full-Time

Exempt/Non-Exempt Exempt

Description

The Corporate Controller for Ohio Tool Works (OTW) plays a critical role in partnering with the General Manager to drive financial reporting, analysis, and strategic planning for the company. Reporting directly to the General Manager, this position will also maintain a dotted line to the Chief Financial Officer of Hardinge Inc., providing essential insights and ensuring alignment with corporate financial standards.

Desired Background:Previous experience in roles such as business unit controller, financial analyst, or similar roles within manufacturing companies is highly desired. Experience with financial operations in businesses with revenues exceeding $10 million is preferred.

The requirements for this position are as follows:

Education:

B.S. / B.A. Degree in Accounting or Finance.

CPA designation (or local country equivalent if not US) or MBA degree preferred

Experience:

• Minimum of 5 years of experience in corporate finance functions in mid to large-sized businesses

• Prior experience working for a regional or global accounting firm (Big 4) preferred

Key Competencies:

• Strong analytical skills with expertise in financial reporting and data analysis

• Knowledge of US GAAP Accounting principles and proficiency in cost accounting methodologies

• Effective communication skills to present financial information to stakeholders at various levels

• Demonstrated ability to collaborate across functional departments and work effectively in a team environment

Responsibilities:

• Partner with the General Manager in developing and implementing the strategic financial plan for the company

• Prepare and oversee the budgeting process, including annual operating plan (AOP), working closely with departmental leads to ensure alignment with strategic business objectives.

• Lead the preparation and review of monthly financial and operating reporting packages for executive management review

• Develop and maintain financial models to support strategic decision-making, including scenario analysis and forecasting.

• Monitor cash flow projections and manage cash flow effectively to meet operational needs and financial obligations.

• Drive analysis of customer and product profitability to optimize business performance

• Review and manage revisions to cost accounting to ensure accuracy and relevance of costing information

• Establish and maintain internal control procedures to safeguard company assets and ensure compliance with regulatory requirements.

• Serve as the primary liaison with external auditors and coordinate the annual audit process, ensuring timely completion and accurate reporting.

• Work closely with tax advisors to develop tax strategies and ensure compliance with tax regulations at local, state, and federal levels.

• Prepare and review financial statements in accordance with GAAP and other regulatory requirements, ensuring accuracy and completeness.

• Participate in strategic initiatives and special projects as needed, providing financial analysis and recommendations to support decision-making.

• Mentor and develop finance team members to support business objectives and foster career growth

Direct Reports:This position will have one direct report, providing leadership and guidance in carrying out finance functions effectively.

We offer a competitive salary and benefit package including health insurance, life insurance, 401(k), paid vacation, paid holidays and long-term disability.

Hardinge Inc. is an Equal Opportunity Employer, Veteran/Disability

About the Organization Hardinge is a leading international provider of advanced metal-cutting solutions. We provide a full spectrum of highly reliable CNC turning, milling, grinding, and honing machines as well as technologically advanced workholding accessories.The diverse products we offer enable us to support a variety of market applications in industries including aerospace, agricultural, automotive, construction, consumer products, defense, energy, medical, technology, transportation and more.We've developed a strong global presence with manufacturing operations in North America, Europe, and Asia. We apply our engineering and applications expertise to provide our customers with the right machine tool solution andsupport every time.

EOE Statement We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.

This position is currently accepting applications.