Plant Controller

Job Description

At Editron Division, we are changing the world to become greener through electrification. Would you like to help us in pioneering how to scale the operations of our electric solutions for mobile applications? Here, we work on ground-breaking solutions to become the trendsetter in how to run manufacturing of electric motors and power electronics to the global market.

The plant controller serves as the finance business partner to the plant manager and leadership team and is responsible for planning, organizing, and managing the financial department and the various systems within. The Plant Controller will maintain knowledge of all financial and inventory details and provide information, primarily financial in nature, about all facility activities that will assist management, its shareholders, and other users in making educated economic decisions about the company’s future.

This is an onsite position at our Longmont, United States, location.

Job Responsibilities

Responsibilities for this position include, but are not limited to, the following:

• Oversee internal and external reporting and compliance for the plant.
• Prepares reports that summarize and forecast company business activity and financial position in areas of income, expenses, and earnings based on past, present, and expected operations.
• Provide direction to operations and leadership teams in pursuit of business goals and objectives.
• Establish strong relationships with financial peers across the division and support teams within Danfoss.
• Build organizational capability within the finance function at the various Editron locations.
• Ensure inventory control and accuracy and lead the annual Physical Inventory and cycle counting initiatives.
• Lead and coordinate the profit planning process at the plant level.
• Analyze plant monthly financial results and prepare commentary for divisional personnel.
• Provide analysis and support of plant manufacturing and administrative activities to meet budget goals, commitments, and timelines.
• Establish and implement accounting policies and procedures that safeguard the company assets.
• Structure and establish goals and objectives for the plant finance organization, which align with plant/operational goals as well as finance functional goals.
• Set overall plant policies and procedures to ensure effective operations consistent with the Danfoss Business System, Values, and Philosophy.
• Deploy lean techniques & other cost-reduction activities throughout the organization.

Background & Skills

Required Qualifications:

• Bachelor’s degree in accounting or finance
• 5+ years of professional experience in accounting, financial analysis, and financial management;
• Must have a strong manufacturing accounting background and a solid understanding of financial accounting systems.
• Superior analytical and thinking skills; intellectual rigor and curiosity; problem-solving capability.
• Technical capability to prepare, analyze, and interpret financial and operations data/reports.
• Solid working knowledge of General Accepted Accounting Principles (GAAP). Working knowledge of pronouncements of external regulatory bodies, such as the Financial Accounting Standards Board, SEC, IRS, etc. Sarbanes-Oxley knowledge.
• Comprehensive knowledge and understanding of corporate financial policies, procedures, and systems is highly preferred.
• Strong ERP and business process knowledge
• Strong MS Office Skills

Preferred Qualifications

• MBA, CPA, CMA
• 10+ years of professional experience in accounting and financial management

Job Criteria:

• Excellent interpersonal skills necessary to motivate and help direct the organization; exhibits managerial courage in defending a position and handling conflict.
• Change leadership capability to effectively drive and manage change, challenge the status quo, and champion new and innovative ideas. Builds rapport with stakeholders and can successfully influence.
• Proven ability to lead and motivate a team of employees in a multi-tasking environment. Superior organizational skills required to deal with multiple “high priority” duties, project management experience beneficial.
• Demonstrated strategic thinking and business acumen. Acts as a business partner – see the big picture.
• Strong communication skills to interface effectively across all levels of the organization. Demonstrates professional presence and communicates articulately and confidently.
• Continuously re-assesses the organization’s skills, competencies, and abilities to meet the business needs and drive results.
• Effectively leverages functional and cross-functional resources to solve problems, improve processes and meet objectives.

Employee Benefits

Compensation Data - HIRING SALARY RANGE: $105,000-$135,000/year. Base salary to be determined by the education, experience, knowledge, skills, and abilities of the applicant, internal equity, and alignment with market data. Danfoss offers a competitive benefit package including medical, dental, vision, and prescription coverage options to include HSA & FSA; savings and retirement program, life and disability insurance, PTO, and tuition reimbursement.

Position will be posted until 12/6/2024

We are excited to offer you the following benefits with your employment:

• Bonus system
• Paid vacation
• Flexible working hours
• Possibility to work remotely
• Pension plan
• Personal insurance
• Communication package
• Opportunity to join Employee Resource Groups
• State of the art virtual work environment
• Employee Referral Program

This list does not promise or guarantee any particular benefit or specific action. They may depend on country or contract specifics and are subject to change at any time without prior notice.

Danfoss – Engineering Tomorrow

At Danfoss, we are engineering solutions that allow the world to use resources in smarter ways - driving the sustainable transformation of tomorrow. No transformation has ever been started without a group of passionate, dedicated and empowered people. We believe that innovation and great results are driven by the right mix of people with diverse backgrounds, personalities, skills, and perspectives, reflecting the world in which we do business. To make sure the mix of people works, we strive to create an inclusive work environment where people of all backgrounds are treated equally, respected, and valued for who they are. It is a strong priority within Danfoss to improve the health, working environment and safety of our employees.

Following our founder’s mindset “action speaks louder than words”, we set ourselves ambitious targets to protect the environment by embarking on a plan to become CO2 neutral latest by 2030.

Danfoss is an EO employer and VEVRAA Federal Contractor. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, veteran status, or other protected category.