Regal Holdings · 6 hours ago
Divisional Controller
West Bend, WI
Full-time
Onsite
Senior LevelRegal Holdings, through its West Bend Company, has over 100 years of experience in providing high-quality cookware products. The Divisional Controller will be responsible for financial reporting, budgeting, and operational finance partnership, ensuring compliance with GAAP and driving accountability and continuous improvement within the finance team.
Consumer Goods
Responsibilities
Own the monthly close for manufacturing operations, ensuring accurate, complete, and timely results (journal entries, accruals, reconciliations, and flux analysis)
Prepare and/or oversee monthly, quarterly, and annual P&L statements and related schedules in accordance with GAAP and corporate policies
Lead the annual operating plan/budget for sales, plant, and supply chain functions; drive periodic forecasts and rolling reforecasts in partnership with budget owners
Provide clear financial insights and actionable commentary to leadership on performance drivers, risks/opportunities, and corrective actions
Serve as a strategic finance partner to Manufacturing, Engineering, Supply Chain, and Sales to align financial outcomes with operating priorities
Facilitate monthly performance reviews with budget owners (actual vs. budget/forecast), identifying key variances and developing mitigation plans
Develop and deliver operational KPI reporting (e.g., labor/overhead absorption, scrap, yield, freight, PPV, inventory turns, productivity) and translate results into decision-ready recommendations
Support cross-functional initiatives (S&OP inputs, capacity planning, make/buy, sourcing changes, footprint initiatives) through scenario modeling and ROI analysis
Maintain accurate inventory valuation and costing in alignment with policy and GAAP (standard costing, overhead rates, reserves/obsolescence, lower-of-cost-or-net-realizable-value where applicable)
Own the standard cost system: cost builds, BOM/routing integrity finance validation, annual/semi-annual cost roll, and overhead rate setting/true-ups
Lead COGS reporting and in-depth margin analysis by product/customer/channel, including root-cause variance analysis (purchase price, usage, labor efficiency, overhead/spending, mix, absorption)
Partner with Operations to strengthen inventory controls and transactional discipline (cycle counts, physical inventory, inventory adjustments, segregation of duties, receiving/issuing accuracy)
Partner with Sales/Commercial on pricing and quoting support to ensure pricing reflects margin targets, cost changes, and profitability goals
Ensure compliance with GAAP, tax and statutory requirements (as applicable), and company accounting policies
Maintain a strong internal control environment over manufacturing finance processes (close, inventory, cost accounting, capex, purchasing/AP interfaces), including documentation, testing, and remediation
Coordinate internal/external audits and support timely, accurate responses, drive resolution of findings and sustainable corrective actions
Maintain accounting for fixed assets and capital projects: capitalization policy compliance, project tracking, depreciation, disposals, and post-investment reviews
Drive working capital visibility and improvement (inventory turns, excess & obsolete, payables/receivables impact in partnership with Finance/Regal Services)
Lead, coach, and develop plant accounting/cost accounting resources (as applicable); set expectations and build standard work
Improve finance processes through automation, ERP/reporting enhancements, and stronger data governance; partner with IT and Corporate Finance on system/process improvements
Qualification
Required
Bachelor's degree in Accounting, Finance, or related field
Significant experience in manufacturing finance/accounting with hands-on cost accounting and inventory valuation
Strong knowledge of GAAP, internal controls, and close processes
Demonstrated capability in budgeting/forecasting, variance analysis, and operational partnership
Advanced Excel skills; experience with ERP systems and BI/reporting tools
Preferred
CPA/CMA and/or MBA
Experience with standard cost systems, cost rolls, overhead rate development, and manufacturing variance frameworks
Experience supporting audits (internal/external) and control environments (SOX-like rigor)
Track record of driving measurable improvements in margin, cost transparency, and inventory accuracy
Benefits
Our benefits package is built with you and your family in mind – and that starts with the things that are most important to you – your health, your lifestyle, and your future.
Company
Regal Holdings
For more than 80 years, Regal Holdings (formerly Regal Ware) has enriched life by bringing families together.
Founded in 1945
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Jeff Reigle
Chairman of the Board and former President & CEO
David Kane
Executive Vice President and CFO
Company data provided by crunchbase