Plant Controller

Overview

People know Snap-on for the quality of our products, but we know that it is the passion and character of our people that make our company a global leader. With our diverse talents and deep pride in the Snap-on family of brands, we drive innovation and create value. We work hard together. We grow together. We are one Snap-on team.

Snap-on Tools offers an excellent benefits package after only 30 days of service to include:

• Three health insurance plans to choose from, one includes an employer contribution Health Savings Account (HSA) with an employer contribution.
• Vision and Dental Insurance plans
• An option for a Flexible Spending Account and Dependent Spending Account (FSA)
• Company paid life insurance, as well as short and long term disability coverage.
• Employee assistance program (EAP)
• Supplemental Life and Accidental Death and Dismemberment Insurance can be purchased at nominal rates
• Discounts on travel and company products including tools
• A tuition reimbursement program
• A 401K with an employer match/contribution at 3%
• Paid vacation time.
• 11 paid holidays
• A climate-controlled work environment with heating and air conditioning.
• Plus all of our associates are paid WEEKLY.

Position Summary:

We presently have a full-time position for a Plant Controller at our Elkmont, Alabama Manufacturing Plant. This position is an on-site role that reports to the Director of Accounting and Finance at another location. The hours for the role are to be determined with the hiring manager. The incumbent will direct, plan, and validate all accounting activities to ensure proper reporting of monthly plant financial results.

Maintain safeguards to assure the integrity and security of Plant Inventory and Fixed Assets. Analyze plant financial results, while providing recommendations to maintain and improve overall plant performance. Plan and develop plant annual operating budget, quarterly forecasts and monthly flash reports. These reports must be generated in an accurate and timely fashion. Direct and review the annual Standard Cost roll process assuring the product cost results are reasonable. Maintain adequate Internal Controls, support the QAR process and adherence to SOX certification requirements. Direct a staff of two or more associates.

Responsibilities

Key Responsibilities:

• Direct and validate all accounting activities including labor distribution, inventories, general receipts, scrap, rework, accounts payable, closed order variances, fixed assets transactions and journal entries. (Includes monthly reconciliation of balance sheet accounts.)
• Identify and resolve reporting discrepancies and concerns involving personnel or system processing or plant policies and procedures.
• Analyze monthly plant financial results. Initiate and implement cost reduction recommendations in both product and operations. Explain variances and corrective action taken to eliminate unfavorable variances or maintain favorable variances.
• Review and approve capital expenditure requests. Ensure accuracy of assumptions and accountability for attaining promised results.
• Provide weekly financial flashes with emphasis on action items necessary to keep or bring the facility back on track to meet financial goals.
• Formal four-quarter rolling forecast process is completed and submitted to corporate quarterly. Explain reasoning for significant changes from prior periods.
• Plan and develop the annual plant operating budgets based on current plant capabilities and desired cost, service and quality objectives.
• Manage cycle count programs for all inventory including finished goods.
• Set product cost standards via annual cost roll. Make recommendations and focus plant management on products or product groups that need improvement.
• Direct any special assignments required to enhance plant performance.
• Personal and personnel development of direct reports.

Qualifications

Qualifications:

• A Bachelor’s Degree in Accounting is required. MBA Preferred. 5+ years of practical experience, in a manufacturing operation is required, with focus in cost accounting.
• Computer skills with knowledge and experience in Microsoft Office software.
• Sound knowledge and understanding of general accounting, cost accounting, purchasing, and payroll policies and procedures.
• Solid manufacturing based financial and operational knowledge.
• Demonstrated skills in operation planning and cost reduction.
• Hands-on and detailed analysis skills.
• A comprehensive understanding and knowledge of a standard cost system and the corresponding budgeting process.
• Excellent analytical and auditing skills. Proficient in verbal and written communications.
• Individual characteristics should include: team oriented, flexible, organized and possesses absolute work ethics and moral values.
• The ability to continually and constructively question and challenge the current practices and processes.
• Competencies should include: Innovation, management practices and leadership skills, judgement, and good initiative.