Plant Controller
Company: Piramal Critical Care
Location: Bethlehem
Posted on: June 20, 2022
Job Description:
Responsibilities
- Provide leadership, and management of the manufacturing finance
organization at the Bethlehem site.
- Partner with the Site Head to improve the financial
performance, functioning as financial advisor to Site and Quality
Heads. Support improved profitability by early identification of
financial under performance, cost leakages, inefficient
manufacturing operations. Identify cost and efficiency improvement
opportunities and evaluate investment opportunities through
in-depth financial analyses and appropriate recommendations.
- Contribute to the growth and development of the plant
management team by ensuring that all team members understand the
economics of the plant, the financial contribution needed from each
manufacturing operation or functional area, the required financial
return needed from investments in capital or inventory, and the
potential financial impact of loss of production, productive time,
scrap, etc. Be the "financial conscience" of the plant management
team, a change agent and vocal advocate of continuous
improvement.
- Ensure timely and accurate accounting, in accordance with GAAP,
company policies and commonly employed methods used in complex,
multi-step chemical manufacturing environments. Ensure proper
valuation and accounting for manufacturing variances and overhead
costs, fixed assets, and inventory. Meet closing schedules and
provide meaningful analyses of the monthly, quarterly, and yearly
plant results immediately following the close.
- Establish meaningful, timely and accurate product standard
costs, accurately reflecting the manufacturing process.
- Responsible for reviewing the payback / ROI of the capital
projects. Monitor the progress of the project, assess financial
impact and document the reason in case of project delays. Periodic
review of the planned payback / ROI with actuals and suggest
improvement plan. Conduct physical verification of the fixed assets
at periodic intervals to ensure it ties with the financial
books.
- Responsible for the development of key forward looking
operational metrics and drivers of plant performance and
establishing and maintaining daily and monthly reporting.
- Responsible for establishing and maintaining a system of
internal controls over plant inventory (including physical
inventories and cycle counting procedures), fixed assets,
consumables, transactions, and expenditures. Responsible for
achieving and maintaining Sarbanes Oxley compliance at the
site.
- Responsible for development of zero-based annual plant budgets
and forecasts and measurement against these targets throughout the
year.
- Responsible for identifying information needs and driving
improvement in plant systems. Champion and guide the development of
value-added reporting and information from the SAP system.
- Partner with the regional supply chain in managing and driving
inventory improvement at the Bethlehem plant.
- Work with IT team to drive system automations, improvements and
develop efficient processes and controls.Qualifications
- Bachelors' degree in Account, finance or related. MBA
desirable.
- 8-12 years of manufacturing finance experience, preferable in a
pharmaceutical or life-science company with at least three years in
a business partner role.
- Working knowledge of GAAP and Sales and Use Tax and Property
tax laws required.
- Hands on experience in product costing, inventory control,
variance analysis and zero-based budget preparation.
- Thorough understanding of process costing, accounting for
multi-step chemical manufacturing processes, including by-products
or recycle streams.
- Experience implementing activity-based costing.
- Proficient in FICO, SD, MM, PP modules in SAP (mandatory).
- Experience in capital project control and analysis.
- Prior experience in establishing and overseeing internal
controls for a manufacturing plant; working knowledge of Sarbanes
Oxley requirements.
- Advanced knowledge of Excel required.
Keywords: Piramal Critical Care, Bethlehem , Plant Controller, Professions , Bethlehem, Pennsylvania
Didn't find what you're looking for? Search again!
Loading more jobs...