Financial Controller - Inventory, Costing, and Manufactured Components

Metallus • Canton, OH • 6h ago

Joining the Metallus team means becoming part of a legacy that dates back over a century. We are an industry leader, manufacturing the cleanest steel in the world for companies in the industrial, aerospace and defense, automotive, and energy markets. Purpose The position plays a key role in supporting financial inventory control, cost accounting and the Manufactured Components business. It will provide management with a clear understanding of manufacturing performance which will allow for timely and informed decision making for the three Manufactured Components plants, product inventory costing and cost of sales. This position requires a solid cost and manufacturing background and a focus on continuous improvement. Problem solving and initiative, with a strong desire to analyze, investigate, and resolve are essential elements for success in this position. The ability to communicate well across all levels of the organization is also key for this position. Responsibilities

Lead a team of accounting professionals by providing clear guidance, setting expectations, managing workload distribution, and ensuring timely completion of all responsibilities.

Drive process optimization by eliminating inefficiencies and non-value-added tasks, while ensuring full compliance with accounting standards.

Manage financial reporting and analysis for total cost of sales, providing variance explanations across multiple scenarios and collaborating closely with FP&A and Accounting.

Oversee month-end close processes, including the review and approval of memos, journal entries, accruals, and account reconciliations.

Manage inventory management and accounting activities, including annual physical inventory completion, high-value adjustments, reporting and trend analysis, monitoring in-transit inventory balances, and managing processes such as Obsolete and Slow Moving Inventory (OSMI), Capitalized Inventory, and Lower of Cost or Market (LCM).

Govern the standard cost-setting process across all Metallus plants-including Raw Materials, Long Product, and Manufactured Components-covering annual and bi-annual standard cost updates, ongoing costing support, and monthly variance analysis.

Ensure monthly review of raw material and production variances that result in a write-offs to Shrinkage, confirming alignment with accounting standards and internal controls.

Lead and partner with plant management to evaluate operational performance, including the preparation of monthly financial reports covering gross margin, supplier activity, cost center expenditures, and various ad hoc analyses.

Oversee the development of the annual operating plan and ongoing financial forecasts for the Manufactured Components business.

Manage the capital budget for the Manufactured Components business, including evaluation of project investment analyses and overseeing cash flow timing.

Preside over quarterly and annual internal, external, and SOX audit processes, including analysis and certification of the 302 Certificate.

Technical/Functional Skills

Strong skills in systems such as - Excel, SAP, Maximo, Oracle, Hyperion Planning

Strong analytical skills and ability to solve complex problems

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4d ago

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5d ago

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