Plant Finance Controller

Full Time
Adams, MA 01220
Posted
Job description
Overview:

Minerals Technologies Inc. (MTI) is a leading, technology-driven specialty minerals company that develops, produces, and markets a broad range of mineral and mineral-based products, related systems and services. MTI serves a wide range of consumer and industrial markets, including household and personal care, paper, foundry, steel, construction and environmental solutions around the world. The company reported global sales of $2.1 billion in 2022.

MTI focuses on two major segments – Consumer & Specialties and Engineered Solutions.


Our Consumer & Specialties segment offers technologically enhanced products to consumer-driven end markets plus specialty additives that become functional components in a variety of consumer and industrial goods. This segment includes our Household & Personal Care and Specialty Additives product lines. The Household & Personal Care product line provides mineral-to-market products that serve consumer-oriented end markets including Pet Care, Personal Care, Fabric Care, Edible Oil, and Renewable Fuel Purification. Our Specialty Additives product line provides mineral-based technologies serving Paper, Packaging, Sealants & Adhesives, Paint & Coatings, Ceramics, Plastics, Food & Pharmaceutical markets.

Our Engineered Solutions segment offers advanced process technologies and solutions that are designed to improve our customers’ manufacturing processes and projects. This segment includes our High-Temperature Technologies and Environmental & Infrastructure product lines. Our High-Temperature Technologies product line offers specially-formulated blends and technologies primarily for Foundry and Steelmaking industries. Our Environmental & Infrastructure product line provides waterproofing, water purification, remediation and other fluid management technologies for critical projects for Remediation, Water Purification, and Infrastructure.

MTI provides a business environment and promotes a culture that encourages all employees to contribute to our success. We have long been committed to the recruitment and advancement of the most talented and qualified people. We recognize that MTI’s ability to provide the highest caliber of products and services is enhanced by a workforce that reflects the diversity of the communities and countries in which we work.

Summary:
The Plant Controller is responsible for providing financial leadership and guidance to Performance Minerals’ Adams, MA and Canaan, CT operations to ensure growth targets are attained. This includes, but not limited to: (1) Ensuring compliance with US GAAP and SOX controls, (2) Cost accounting and variance analysis administration (3) planning, organizing and supervising the monthly close process (4) budget preparation and review; (5) monthly and quarterly financial forecast development (6) capital spend analysis (7) performing financial evaluations to aid decision making (8) assisting VP Finance with divisional reporting and analysis.

Responsibilities:
Major Duties & Responsibilities:

General
  • Participates in the preparation and review of the annual plant budget and associated reviews.
  • Recommends and implements improvements relating to all financial reporting aspects of the plant.
  • Prepares weekly/monthly reporting to facilitate plant financial reviews
  • Analyzes business trends to provide explanations for the past and provide guidance for future
  • Evaluate performance of plant activities and ensure achievement of growth targets
  • Assist management and executives to achieve business objectives
  • Assist VP Finance with divisional reporting and analysis
  • Other duties as assigned

Cost Accounting, Financial Planning, Reporting, and Analysis

  • Coordinates and implements the monthly closing process, including variance analysis
  • Assists with the preparation, evaluation, and review of capital projects, including follow-up audits.
  • Prepares monthly financial reviews, forecasts, and annual financial plan.
  • Performs financial evaluations/discounted cash flow analysis to assist decision making
  • Ensure adherence to US GAAP, Sarbanes Oxley, and Corporate Policies
  • Manages and improves cash flow and working capital metrics
  • Develops standard costs for production
  • Monitors ledger reconciliations
  • Works in conjunction with MTI’s shared services team to ensure accurate and timely reporting

OE/Lean

  • Actively participates in the implementation of sustainable improvement processes, such as 5S, Kaizen, Total Productive Maintenance (TPM), Daily Management Control, Standard Work and Problem Solving

Note: Management reserves the right to assign or reassign duties and responsibilities to this job at any time.
Qualifications:
The requirements listed in the sections that follow are representative of the knowledge, skills and/or abilities required to perform the duties of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions (primary duties) of the job.

Education:
Minimum 5 years in a leadership position, controllership or combination of assistant controller or accounting manager experience. 3-5 years of plant accounting experience. Bachelor's degree in Finance, Accounting or related discipline. Experience with Oracle and ESSBASE a plus.

Working Conditions:
While performing the duties of this job, the employee is typically required to regularly conduct work in a controlled office environment, moving around the office as needed, sitting at a desk, and using office equipment, including but not limited to a personal computer, fax, copier and phone. Constant contact with individuals internal and external to the organization occurs via various methods of communication typically including face-to-face discussions, electronic mail, phone calls, written letters and/or faxes. Occasionally there will be exposure to plant production areas, which includes exposure to outside weather conditions as well as loud noise from equipment and dust from production processes. Exposure to plant areas requires the use of appropriate safety equipment. Personal protective equipment is available for employee use in these circumstances.

Travel Required:
If based in Bethlehem, PA regular travel to Adams, MA will be required.

While performing the duties of this job, the employee is typically required to have the ability to work in an office environment, using office equipment as needed, read, write, listen, speak, and understand English, follow instructions and other oral/written information, compose correspondence in a professional manner, complete paperwork and other documentation and enter information into electronic systems accurately, work independently and with others, communicate effectively with all individuals internal and external to the organization, analyze information/situations as needed, be organized and detail-oriented, be able to identify/judge the urgency of a situation, use judgment in decision making and use creativity and negotiation when necessary.

The employee is expected to be self-directed, take initiative and be persistent when appropriate to accomplish necessary duties and keep busy without prompting. Additionally, the employee is expected to be adaptable/flexible to changing work assignments, have a high level of integrity, motivate and lead others/provide direction, have dependability and self control to maintain composure, perform multiple tasks at once, learn and memorize procedures, manage time effectively and efficiently, meet established deadlines, display a cooperative demeanor, read, understand and follow all company, job specific and safety policies/procedures, and attend/use all required training. Ability to travel is required.

Safety Training:
A new employee hired to perform the duties of this position is to be provided New Employee Training from a qualified individual, which consists of classroom training and may include a tour of plant area(s). Additional refresher safety training will be required as management deems appropriate and/or as dictated by MSHA/OSHA regulations.

EOE | mineralstech.com

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