Plant Controller I

## Position Summary

The Plant Controller I is responsible for the oversight of the financial and accounting performance of a manufacturing plant. The Controller will provide business guidance and financial support for the plant by being a core member of the leadership team. The financial responsibilities include, but are not limited to, ensuring the accuracy of monthly results; performing financial analysis of monthly results; oversight and responsibility for financial reporting and system integration; plant capital spending and analysis; preparation, review and analysis of financial statements; preparation of budgets and forecasts as well as establishing and maintaining systems of good internal controls.

This position is based in our Maplewood (St. Louis, MO) manufacturing facility. The role is open to hybrid model with 3 days in office per week and the possibility of more time onsite depending on business needs.  Minimal travel, approximately 1-2 trips annually.

What You'll Do as a Plant Controller I

Financial Reporting and Analysis – 50%

- Plan, direct, and administer the plant’s financial accounting activities in accordance with company and financial group policies and objectives.
- Monthly, provide Group Controller and business management a recap of the actual results with a detailed analysis.  This would include analysis, comparison to plan, major variances, and contributions to: Absorption (volume/mix)
- Variance analysis
- Capital spend reporting
- Inventory reporting

- Advise non-financial plant management on matters pertaining to accounting issues, revenue recognition, and expense management.
- Complete required forecasts – of all major absorption, capital and inventory categories. Identify and refine leading indicators for the business; identify trends; quantify impact.
Monthly – update on current Quarter
- Quarterly – update on current Quarter and balance of year

- Drive forecast alignment and forecasting accuracy minimizing inventory levels, increase inventory turns, and improve customer service levels.
- Institute key metrics and reporting that measure the performance of the plant.
- Ongoing, identify opportunities or areas of financial underperformance, conduct an in-depth analysis and make appropriate recommendations.
- Initiate detailed action plans in cross-functional department teams to implement initiatives and proposals.
- Review and analyze costs for all key products and product lines.
- Analyze manufacturing variances and develop profit improvement initiatives.
- Analyze, identify, interpret, and correct target areas for improvement opportunities.

Business Strategy – 30%

- Manage and direct strategy and planning requirements to ensure profitable growth on plant level activities and identify business opportunities.
- Primary responsibility to complete the annual financial plan for the business. This includes volume, expenses, capital and inventory.
- This plan is done in partnership with business unit management within corporate oversight and direction.

- Partner with “key customers” to identify and explore alternative methods to improve the operation such as kaizen events.
- Provide financial input and assist plant leadership n the preparation and analysis of capital projects that provide financial incentives (compelling value proposition) on existing operations.
- Assist in the design and development of any compensation plan, ensuring it drives the right behaviors and it is financially sound.
- Monitor and evaluate effectiveness of any incentive plan and make appropriate recommendations.
- Participate in product portfolio analysis; develop target cost and standard cost of proposed new product throughout project, monitor and report on metrics throughout project.
- Lead financial resource on any vendor acquisitions: preparation / review of financial case; participation in due diligence and integration.
- Support LEAN initiatives.
- Develop reports, monitoring systems, or action plans to support business activity or address new opportunities.

Duties Continued:

Financial Controls – 20%

- Ensure consistency of the financial reporting with Group and Corporate standards.
- Create and/or enhance processes and systems to pro-actively assess key financial levers, e.g. volume, inventory levels and cost control.
- Ensure proper accounting of expenses, as well as proper revenue recognition.
- Oversee internal controls within the plant; ensure Sarbanes Oxley compliance within the business unit.
- Be the “financial “conscience” for the business, ensuring integrity of the systems, as well as appropriate allocation of expenses/revenue.
- Ensure financial review of all major contracts prior to signing, including terms, short-term and long-term profitability, and any potential exposure to the Company and recommended deletions, changes, or additions to the contract.
- Design and implement appropriate financial and operational reporting.
- Determine appropriate tracking mechanisms for cost savings and contract compliance.

## The Experience, Skills and Abilities Needed

Required:

- Bachelor's degree required.
- 10+ years of finance and/or accounting experience, including: Strong cost accounting expertise, including absorption analysis, overhead allocation, and variance analysis.
- Financial reporting and analysis experience, including development of key performance metrics.
- Strategic planning and strategy development experience.
- Direct responsibility for managing finance processes.
- Experience overseeing internal controls within a business environment, with a working knowledge of Sarbanes-Oxley (SOX) requirements.

Preferred:

- Master's degree.
- CMA certification.
- Prior experience in a manufacturing environment with complex product lines and inventory.
- Oracle ERP experience or strong familiarity preferred.

Skills:

- Strong problem-solving and issue resolution skills.
- Excellent analytical capabilities and strong business acumen.
- Advanced proficiency in Excel, Access, Word, and PowerPoint.
- Strong knowledge of manufacturing and operations accounting.
- Demonstrated ability to analyze business activities, interpret financial and operational results, and identify and implement corrective actions.
- Expert knowledge of accounting theory and the practical application of financial and accounting principles.
- Extensive experience with financial modeling and forecasting.
- Advanced spreadsheet and modeling skills are required.
- High proficiency with financial analysis software.
- Excellent interpersonal, organizational, written, and verbal communication skills.
- Ability to manage and prioritize multiple competing priorities in a fast-paced, time-sensitive environment.
- Ability to identify, understand, and accurately account for differences in generally accepted accounting principles (GAAP) across complex international operations.
- Strong project management skills.
- Proven ability to influence and partner effectively with business stakeholders.

## What STERIS Offers

We value our employees and are committed to providing a comprehensive benefits package that support your health, well-being, and financial future.

Here is just a brief overview of what we offer:

- Market Competitive Pay
- Extensive Paid Time Off (PTO) and 9 added Holidays
- Excellent Healthcare, Dental and vision benefits
- Long/Short Term Disability coverage
- 401(k) with a company match
- Maternity & Paternity Leave
- Additional add-on benefits/discounts for programs such as Pet Insurance
- Tuition Reimbursement and continued educations programs
- Excellent opportunities for advancement in a stable long-term career.

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STERIS does not accept unsolicited resumes/CV's from individual recruiters or third-party recruiting agencies in response to job postings.

Pay range for this opportunity is $107,525.00 - $139,150.00. [ACTION REQUIRED - REMOVE IF NOT APPLICABLE:] This position is eligible for bonus participation.

Minimum pay rates offered will comply with county/city minimums, if higher than range listed.  Pay rates are based on a number of factors, including but not limited to local labor market costs, years of relevant experience, education, professional certifications, foreign language fluency, etc.

STERIS offers a comprehensive and competitive benefits portfolio.  Click here for a complete list of benefits: STERIS Benefits

Open until position is filled.

STERIS is a leading global provider of products and services that support patient care with an emphasis on infection prevention. WE HELP OUR CUSTOMERS CREATE A HEALTHIER AND SAFER WORLD by providing innovative healthcare and life sciences products and services around the globe. For more information, visit www.steris.com .

If you need assistance completing the application process, please call 1 (440) 392.7047. This contact information is for accommodation inquiries only and cannot be used to check application status.

STERIS is an Equal Opportunity Employer. We are committed to equal employment opportunity to ensure that persons are recruited, hired, trained, transferred and promoted in all job groups regardless of race, color, religion, age, disability, national origin, citizenship status, military or veteran status, sex (including pregnancy, childbirth and related medical conditions), sexual orientation, gender identity, genetic information, and any other category protected by federal, state or local law. We are not only committed to this policy by our status as a federal government contractor, but also we are strongly bound by the principle of equal employment opportunity.

The full affirmative action program, absent the data metrics required by § 60-741.44(k), shall be available to all employees and applicants for employment for inspection upon request. The program may be obtained at your location’s HR Office during normal business hours.