SBU Controller (Manufacturing/Automotive) Jobs in Lisle, IL at CTS Corporation
Title: SBU Controller (Manufacturing/Automotive)
Company: CTS Corporation
Location: Lisle, IL
Salary: $80K — $100K *
Category: Manufacturing & Automotive
Be a proactive part of the BU Management team to support developing and implementing strategic and operational plans consistent with CTS. Ensure the BU team understands the significance of relevant financial information with respect to strategic options, opportunities, and risks.
Lead the development and promotion of system, tools, and processes that can be deployed across all BU sites and when needed, all CTS sites.
Together with other BU functions participate in new business opportunity scanning/identification. Perform the Business Opportunity Evaluation process (BOE) including analyses of market factors, validation of inputs, assumptions, and assurance of disciplined pricing model.
For the business, challenge and review sales and margin/EBIT, budget and forecast testing for realism, stretch, drivers, etc. to inform assumptions and decisions.
Run rolling forecast & scenario planning (P&L and B/S), annual budget and forecast process.
Review sales performance and plans, advising relevant functions on customer profitability and pricing by ensuring all relevant information are provided e.g. cost base vs. value-based pricing to make informed decisions. Ensure relevant functions understand the cost and value drivers associated with customer profitability and pricing. Identify risks and opportunities associated with financial analysis and forecasts.
Support Product and R&D Management as related to product portfolio decisions, investments, and R&D budgetary control.
Support for BU procurement, supply chain, and operations partners for decisions, projects, and budgetary control.
Support the implementation of strategies, policies, and programs that improve and drive the Business Units’ strategic and operational performance including efficiency drivers and promoting financial understanding.
Manage month/year-end BU P&L and B/S performance including monthly and ad hoc BU reporting and analysis for all functions (sales, operation, quality).
Manage the BU rolling forecast, scenario planning, annual budget, and forecast process covering both P&L and B/S.
Ensure BU sites prepare month/year-end closing and statutory and tax accounts/reporting on time with accurate reporting. Ensure all local legal, statutory, and tax requirements are met.
Support IT/ ERP implementation or process enhancement/automation projects for BU sites.
Develop and implement best practice financial tools/models, and promote sharing with other BU’s and functions through Corporate Finance. Ensure that the Finance team works with the functions to develop their understanding of how the tools/models work.
Support Corporate Tax and BU sites related to tax compliance and audits.
Supervise the BU sites related to internal & external audits and review audit results with sites.
Inform and advise the business on financial controls and risk management implications. Ensure that all group policy and procedures controls are implemented and run on a regular basis. E.g. inventory, bad debt, accruals, provision reviews. Advise management of any increase in risks and associated mitigating actions that can be taken.
Support contract management (customer & supplier T&Cs) in cooperation with legal by ensuring all commercial terms and conditions are in line with CTS contractual requirements and the BU financial requirements are met.
Manage Trade Working Capital (AR, AP,…