Assistant Controller

Company: OPW
Location: Skokie
Posted on: November 17, 2023

Job Description:

For over 125 years, OPW has led the way in designing and manufacturing world-class retail fueling, fluid handling and car wash system solutions for the safe and efficient handling and distribution of fuels and critical fluids. OPW makes above ground and below ground products for both conventional, vapour recovery and clean energy applications in the retail and commercial markets. Additionally, OPW supplies loading arms, valves and dry-break couplings, tank truck equipment, rail car valves and equipment, and car wash systems. OPW has manufacturing operations in North America, Europe, Latin America and Asia Pacific, with sales offices around the world. OPW is part of the Dover Corporation, which is publicly traded on the New York Stock Exchange under 'DOV'. To learn more about OPW's 125 years of providing industry-leading solutions, visit our website at www.opwglobal.com. -Position Summary:The Midland Assistant Controller is a key member of the Midland finance team, partnering with and supporting the Midland Controller. This role is primarily a tactical leadership position, with key pillars of activity that include definition, deployment, and management of Midland's and FTS's annual operating plan; balance-sheet assessment and management; operations support, driving continuous improvement in Finance and related business processes; and being a cross-functional business partner to the Midland team. -The role requires an action-oriented finance leader with a track record of supporting business outperformance and continuous improvement as a finance leader. The ideal candidate will bring a balanced background covering FP&A, controllership and operational finance experience from a manufacturing/industrial environment. -Additionally, the role requires a leader with the ability to change altitude as needed to drive strategic initiatives as well as tactical needs. -Responsibilities:

• Serve as member of the Midland finance team and cross-functional business partner, primarily with the manufacturing/operations organization;
• Partners with Operations, BU and OPW Finance Leadership to develop and implement a multi-year strategic plan with ongoing responsibility for achievement of objectives.
• Supports inventory costing and management. Ensures appropriate inventory quantities are maintained, identifying obsolete inventory, analyzing labor, materials, and overhead costs, reviewing cost standards, and compiling statements of product and warranty costs.;
• Analyze operations to identify trends in the business; recommend and implement specific corrective actions when warranted; -
• Performs ad hoc business analysis, helps develop financial models, and analyzes trends to support the growth of the business.;
• Prepare capital expenditure proposals for various aspects of Midland and monitor the investment performance against the proposal. Ensure effective processes are in place;
• Ensure that Midland financial reporting is accurate, timely, and in accordance with US generally accepted accounting principles (US GAAP) and in compliance with OPW and Dover Accounting policies;
• Ensure the monthly general ledger, reconciliations and close processes are completed in a timely and quality manner;
• Prepare financial statements and appropriate detailed analysis of the operations of Midland for management and submission to OPW and Dover Corp., as well as all periodic reports to government and tax authorities;
• Partners with centralized Shared Services activities in the areas of Accounts Receivable, including credit and collection, Accounts Payable and Payroll, and balance sheet reconciliation processes.
• Responsible for helping ensure Midland has successful documentation, procedures, testing and all internal controls, internal and external financial audits; maintaining full compliance with all requirements;
  Qualifications:
  • Bachelor's degree in Accounting, Finance or other related discipline;
  • Minimum of 5 years of experience in a manufacturing/industrial company;
  • Strong cost accounting background in a manufacturing environment;
  • Demonstrated knowledge of US GAAP, internal controls and financial reporting required;
  • Experience with ERP implementations and Oracle ERP;
  • CPA and/or CMA preferred;
  • Demonstrated commitment to continuous improvement.
  • Personal Attributes
  • Track record of creating strong partnerships within the finance function and in supporting cross-functionally;
  • Exceptional critical thinking skills; ability to decompose complex problems, prioritize issues, and implement sensible solutions;
  • Demonstrated organizational, planning, and project management skills;
  • A bias for engaging and communicating with colleagues across the organization;
  • Proven ability to influence and drive results, even without formal reporting lines;
  • Ability to prioritize and consistently meet deadlines in a dynamic, fast-paced environment;
  • Demonstrated ability to absorb new concepts, facilitate discussions, lead fellow team members, and guide other departments in delivering the best internal and external customer experience;
  • Awareness of when and how to communicate issues in a timely manner, in order to prevent potential impacts;
  • Excellent written and oral communication skills, and comfortable facilitating and presenting to groups;
  • Demonstrated acumen articulating and communicating financial concepts to non-finance business partners in a clear and concise manner;
  • A demonstrated commitment to integrity and the highest ethical standards. -Work Arrangement : Onsite -We consider several job-related, non-discriminatory factors when determining the pay rate for a position, including, but not limited to, the position's responsibilities, a candidate's work experience, a candidate's education/training, the position's location, and the key skills needed for the position. -Pay is one of the Total Rewards that we provide to compensate and recognize employees for their work. -All qualified applicants will receive consideration for employment without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other factors prohibited by law. -Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact opwaccommodations@acmecryo.com for assistance with an accommodation. Kindly specify Job Requisition Number / Job Title and Location in response.Job Function : Finance
    Dover is a diversified global manufacturer with annual revenue of over $7 billion. We deliver innovative equipment and components, specialty systems, consumable supplies, software and digital solutions, and support services through five operating segments: Engineered Products, Fueling Solutions, Imaging & Identification, Pumps & Process Solutions and Refrigeration & Food Equipment. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 60 years, our team of approximately 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at---dovercorporation.com.

Keywords: OPW, Skokie , Assistant Controller, Accounting, Auditing , Skokie, Illinois