Coherent Corp. · 2 months ago
Optical Solutions Business Unit Controller
5000 Ericsson Drive, Warrendale, PA, 15086, US
Full-time
Onsite
Senior Level, Lead/Staff
$108K/yr - $120K/yr
10+ years expCoherent Corp. is a leading company in the optical solutions industry, and they are seeking an Optical Solutions Business Unit Controller. This role involves overseeing financial accounting, reporting, and planning while leading a team to ensure effective financial management and operational efficiency.
AerospaceIndustrialMachinery ManufacturingManufacturingNavigationSemiconductor
Responsibilities
Ensure monthly financial close is conducted in a timely and efficient manner in accordance with US GAAP, and the proper consolidation of financial results on a monthly basis
Review and approve staff account reconciliations and journal entries
Ensure account roll-forwards are completed
Monitor the impact of foreign currency
Explain monthly movements in inventory with an emphasis on gross margin and aging value of WIP
Review and validate monthly financial information from domestic and international business units
Understand significant variances between the forecast and budget
Participate in monthly reviews and understand current trends in productivity, yields, and work-in-progress
Review department expenses and headcount activity
Ensure that all new part numbers have standard costs, and that significant fluctuations in standard costs can be explained
Regularly review items in CIP, and close projects in a timely fashion
Actively manage worldwide transfer pricing to comply with tax guidance
Maintain adequate controls to ensure accurate physical inventories
Ensure any required reserves are in place
Assist in the process for attesting to the effectiveness of the Company's internal controls over financial reporting and accounting
Provide accurate and timely financial reporting on key financial metrics with appropriate analysis that allows leadership to effectively influence the course of the business
Provide actual, budget, and forecast updates to management; monitor variances and proactively communicate and/or resolve issues as appropriate
Actively support and participate in periodic reviews and QBR’s, share financial insights regarding business trends, inform management of potential impacts to profitability, and provide recommended actions
Ensure the financial integrity of business cases and CARs including making sure that market forecasts and costs are thoroughly vetted and credible
Escalate activities to management that do not appear financially sound
Provide financial analysis and support to management for new product introductions, cost reductions, operational efficiency initiatives, etc
Identify opportunities for improvement, including opportunities for revenue/margin growth, cost and expense savings, and process improvements
Assist in the remediation of any internal control deficiencies
Manage and coordinate preparation of 5 Year Plan, Budget, & Forecast
Develop processes to collect and compile information
Drive budget/forecast related meetings and conference calls
Support the development of long-range strategic plans and provide leadership in their preparation
Provide analyses of financial options to help meet the budget/forecast
Prepare budget/forecast schedules for management
Ensure your team is staffed, motivated, inspired, engaged, and empowered to deliver a high and sustainable level of performance
Have the right people in the right job
Make sure your team has the necessary tools to be successful
Train, encourage, and develop your team to consistently achieve the organization’s expectations
Maintain a free flow of information within the business so that communication is open and active
Act as the primary interface to Corporate Finance and the source of financial information required by them
Support activities and requests from the Business Group
Qualification
Required
B.S in Accounting or Finance is required
Three years of management experience combined with a minimum of ten years of related experience in manufacturing cost accounting, public accounting, general accounting, or internal audit
Strong managerial, supervisory and leadership skills
Understanding of fully integrated ERP system/supply chain
Advanced Microsoft Excel skills and proficiency in PowerPoint
Superior knowledge of manufacturing, cost accounting, and standard cost
Strong understanding of inventory and fixed assets
Experience with consolidations and foreign operations
Exceptional verbal and written communications skills
Analytical and detail oriented
Excellent problem-solving and analytical skills
Good time management and organizational ability
Preferred
CPA, CMA, or MBA is preferred
Hyperion and Oracle experience is strongly preferred
Company
Coherent Corp.
Coherent empowers market innovators to define the future through breakthrough technologies, from materials to systems.
10001+ employees
H1B Sponsorship
Coherent Corp. has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (20)
2024 (18)
2023 (16)
2022 (6)
2021 (7)
2020 (9)
Funding
Current Stage
Public CompanyTotal Funding
$3.44BKey Investors
JP Morgan Chase
2025-09-26Post Ipo Debt· $3.03B
2021-05-07Post Ipo Equity· $410M
1987-10-09IPO
Leadership Team
Sherri Luther
CFO and Treasurer
G
Giovanni Barbarossa
Chief Strategy Officer & President Materials Segment
Recent News
GlobeNewswire
2025-12-19
2025-10-07
Company data provided by crunchbase