Plant Controller - Bucyrus (Finance)
What Timken makes possible begins with you.
Those who came before us helped land a man on the moon, create the world's infrastructure, and introduce renewable energy alternatives. Now you can join the Timken team to write your own unique story and help drive what's next.
A career at Timken means you can have an immediate impact doing Work That Matters to the world- improving the efficiency of today's industrial equipment and preparing for the future of motion on our planet and beyond. New employees can start contributing right away, and there are many opportunities to advance your career at your own pace. Join our global team of 19,000 people in 45 countries, and start helping our customers push the limits of what's possible in their world of motion.
Purpose of Position
This role is responsible for the accuracy and integrity of all financial information for Timken Bucyrus plant activities. As a critical member of the plant's management team, the Plant Controller is responsible for driving the financial performance; ensuring that economic rigor is applied to the decision-making process. This includes efforts to optimize returns on invested capital, improve cash flow, and drive continuous improvement in cost and productivity.
Essential Responsibilities
- Prepare, review, and analyze monthly financial statements/KPI reports for the Bucyrus Bearing plant in accordance with company policies and GAAP.
- Proactively partner with plant management and the Controller's group to ensure that all parties have a clear and accurate picture of the plants overall financial performance.
- Lead the preparation of the plants' business planning process, incorporating productivity and cost targets for both manufacturing and sourcing.
- Prepare monthly rolling forecasts and provide plant and operations leadership with insight and commentary for all major variances from both plan and prior forecast.
- Provide financial guidance for all plant capital investments and related business case justifications.
- Lead and drive plant cost reduction efforts, holding plant management team responsible for delivering annual cost reductions and productivity improvements.
- Develop and maintain accurate standard cost data for all products, working with both product teams and business management on new product development and new business opportunities.
- Ensure proper internal controls are in place to safeguard company assets.
- Develop necessary inventory polices and controls to ensure integrity of financial statements.
- Serve as the primary contact for internal and external auditors.
Technical/Functional Skills
- Strong variance and root cause analysis skills
- Advanced Excel and SAP capabilities
- Excellent verbal and written communication skills
Minimum Qualifications
- Bachelor's degree in Accounting/Finance or Business with 7 or more years' experience, or
- Master's degree in Accounting/Finance (or MBA) with 5 or more years' experience.
- Must have plant accounting experience.
- CPA/CMA (preferred)
All qualified applicants shall be treated equally according to their individual qualifications, abilities, experiences and other employment standards. There will be no discrimination due to gender or gender identity, race, religion, color, national origin, ancestry, age, disability, sexual orientation, veteran/military status or any other basis protected by applicable law.
The Timken Company, a global technology leader in engineered bearings and industrial motion, designs a growing portfolio of next-generation products for diverse industries. For more than 125 years, Timken has used its specialized expertise to innovate and create customer-centric solutions that increase reliability and efficiency. The company posted $4.6 billion in sales in 2024 and employs more than 19,000 people globally, operating from 45 countries. Timken has been recognized among America's Most Responsible Companies and America's Greatest Workplaces for Diversity by Newsweek, the World's Most Ethical Companies® by Ethisphere and America's Most Innovative Companies by Fortune.
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