This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/13583001

Job purpose

The Operational Controller is responsible for establishing, managing,

and analyzing production-related costs, inventory valuation, and overall cost

control system. This role leads month-end close activities, prepares financial reports, supports

budgeting and forecasting, and drives continuous improvement of costing processes, internal

controls, and operational financial performance.

The position applies established accounting principles and GAAP standards while proactively

identifying cost drivers, trends, risks, and opportunities.

**Essential Duties and responsibilities

Cost Accounting & Financial Reporting**

Prepare and analyze sales reports, margin analysis, and key

financial metrics

Perform analysis of production costs, overhead rates, inventory

valuation, and departmental spending

Establish and maintain overhead rates and job cost analysis

processes

Calculate monthly reserves for excess/obsolete inventory and

inventory variances

Oversee month-end close including preparation of monthly journal

entries, account reconciliations, and financial reporting packages.

Budgeting, Forecasting & Strategic Analysis

Support preparation of annual budgets and quarterly forecasts,

including production cost planning

Perform sensitivity and trend analyses to identify cost drivers and

impact of volume, labor efficiency, and overhead changes

Build dashboards and analytical tools to track KPIs and

cost-reduction initiatives

Analyze variances to budget/forecast and BOMs; identify root causes

and recommend corrective actions

Operational Finance & Cross-Functional Collaboration

Partner with Production, Operations, Supply Chain, and Engineering

to align financial expectations with performance and delivery capabilities

Work with Purchasing to analyze material purchase plans and supplier

agreements for cost improvements

Support order management, demand planning, and financial aspects of

customer communications

Recommend improvements to internal controls and accounting processes

Maintain capital expenditure records, perform ROI/payback analyses,

and support long-range capital planning

Support internal and external audit requests and ensure compliance

with GAAP and corporate policies

Required Skills / Abilities

Must be able to work independently, manage multiple projects

simultaneously, and organize workload to meet organizational timelines in a fast paced, high growth environment.

Flexibility to adapt quickly to changing circumstances. Able to

proactively question and challenge to prioritize and identify solutions in timely manner.

Solid interpersonal skills with proven ability to develop and

maintain effective business partner relationships at all levels of the organization.

Excellent written and oral communication skills with the ability to

translate complex data for non-financial audiences.

Excellent proficiency in Microsoft Excel including, but not limited

to V look up, and pivot tables.

Education & Experience

BA/BS degree (or equivalent) in Finance/\ \ \ \ Equal employment opportunity, including veterans and individuals with disabilities.\ \

PI285777173

Magnetic Technologies Corporat jobs

Operational Controller