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Crane ChemPharma & Energy · 9 hours ago

Financial Controller

Spartanburg, SC

Full-time

Onsite

Senior Level

7+ years exp

Crane ChemPharma & Energy is a part of Crane Co., a diversified manufacturer of highly engineered industrial products. The Financial Controller will oversee financial operations, ensure compliance with accounting standards, and contribute to the development and execution of the Company’s annual Business Plan, while leading the accounting and finance team.

IndustrialIndustrial EngineeringIndustrial ManufacturingManufacturing

Responsibilities

Develop and manage the company's financial models, forecasts, and budgets

Provide financial analysis, insights, and recommendations to support decision-making

Ensure proper financial controls, systems, and decision tools are in place and used focusing on strategic procurement plans and cost reduction initiatives

Provide financial leadership to the team in preparing the annual plan, quarterly forecasts and comparison of actual or forecasted performance to plan, forecast, or prior periods as requested

Conduct product cost analysis and detail product and job cost review with manufacturing and value stream teams in an effort to control costs and lead cost reduction initiatives

Ensure that the plans and forecasts are both realistic and meet investment return objectives

Establish labor and overhead standards while working with manufacturing engineering and purchasing to set all product standard costs and ongoing cost estimates

Review quotations over a certain threshold to include cost estimations

Ensure strong quotation cost estimation tools are in place and utilized

Analyze backlog for valuation and aging accuracy and ensure that its cost is correctly estimated

Coordinate physical inventory through standard operating procedures

Prepare the inventory valuation and reconciliation – book to perpetual for both the month end and the annual physical inventory

Lead the cycle counting program and ensure that the program is understood and properly executed through audits with a goal of 95% or higher inventory accuracy measured by part numbers counted

Monitor and analyze financial performance against key business metrics

Prepare accurate and timely monthly, quarterly, and annual financial statements

Ensure compliance with relevant accounting standards (e.g., GAAP, IFRS) and regulatory requirements

Responsible for all cost accounting activities which includes purchase order price variances, labor variances, work-in-process, inventory tracking, and labor collection/shop floor control systems

Prepare and transmit letters of credit documents to Corporate Treasury

Present financial reports to the executive team

Establish and maintain internal control policies and procedures to safeguard company assets

Ensure compliance with local, state, and federal regulations and tax requirements

Coordinate and liaise with external auditors during the annual audit process

Monitor cash flows and manage working capital efficiently

Oversee treasury functions, including banking relationships, cash disbursements, and cash receipts

Ensure proper estimation of warranty exposure and reserve requirements

Confirm proper safekeeping and supervision of the petty cash account

Lead and manage the accounting and finance team, providing mentorship and development opportunities

Motivates and develops talent within the organization through coaching, counseling, engaging and evaluating associate performance, utilizing the Company’s personnel development processes

Foster a culture of accountability, integrity, and continuous improvement within the team

Identify and assess financial risks and implement appropriate risk management strategies

Develop and maintain insurance policies to mitigate potential financial exposures

Ensure the integrity and accuracy of financial data within the company's ERP or accounting software

Qualification

Financial ManagementCost AccountingERP SystemsLean ManufacturingSix SigmaAdvanced ExcelAnalytical SkillsTeam ManagementProblem-Solving SkillsCommunication Skills