Rite-Hite

Manufacturing Controller


PayCompetitive
LocationHorn Lake/Mississippi
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: MANUF005268

      Company Description:

      Rite-Hite Corporation is a global leader in the manufacture and distribution of loading dock equipment and industrial doors. Our products and services are the envy of the industry, and are fueling strong growth for our company world wide. Rite-Hite Products Corporation, our dock leveler and restraints division, has an immediate need for an Manufacturing Controller at our manufacturing plant in Horn Lake, MS.

      Job Description:

      As a member of the VP & Controllers leadership team, the Manufacturing Controller is responsible for developing a manufacturing cost system to accurately reflect product cost that supports the business plan for the assigned manufacturing facilities. The incumbent will also verify accuracy and integrity of financial information and ensure the financial results are compliant with generally accepted accounting principles (GAAP). This position will assist facility management in sound decision making through analyzing manufacturing financial activity and non-financial performance measures. and is accountable for safeguarding the corporation’s assets.

      ESSENTIAL DUTIES AND RESPONSIBILITIES

      To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

      Standard Costs: Position is responsible for standard cost accuracy for assigned facilities.

      • Accurate and timely review and/or maintenance of costs within the manufacturing system inclusive of labor and overhead rates, freight in estimates and purchase costs to insure proper product costing.
      • Responsible for costing setup and production cost flow through an ERP system.
      • Responsible for working with facility management teams to establish expense budgets and reforecasts as necessary.
      • Establish and update labor and overhead rates based on budgeted expenses and revenue estimates.
      • Establish and update material standards based on last price paid or communicated actual costs.
      • Responsible for analyzing manufacturing router times and recommending updates to ensure accuracy of labor costs in the Bills of Materials.
      • Responsible for daily review of work order and purchasing variances to identify issues. Work with the appropriate people to make corrections.
      • Responsible for system cost rolls to ensure accuracy of standard costs and capture ECN updates.
      • Prepare and continuously improve management reports used to analyze variances to standard cost and provide tools to help monitor and manage production costs, including productivity reporting and PPV analysis.

      Inventory Valuation: Position is responsible for accurate inventory valuations for assigned locations.

      • Partner with facility management to ensure accuracy of the perpetual inventory.
      • Responsible for monthly and year-end inventory valuations in accordance with Generally Accepted Accounting Principles and inventory reporting that meets the needs of management and independent auditors.
      • Responsible for monthly reconciliation of perpetual to G/L inventory. Identify issues and make corrections as necessary.
      • Responsible for management of the cycle count program to ensure proper count coverage and accuracy to prevent the need for a physical inventory.
      • Analyze over issues and work with the team to determine root causes and put measures in place to prevent them.
      • Analyze inventory errors and work with the team to determine root causes and put measures in place to prevent them.
      • Measure inventory turns and work with facility management in improvement activities.
      • Analyze inventory obsolescence, gain/loss and scrap on a regular basis to ensure inventory is properly stated and quantified.
      • Manage necessary tasks for year-end process including physical inventory (if required), cut off procedures, closing accounts, journal entries, LIFO calculations, account reconciliations and communication with outside auditors.

      Month End/Year End:

      • Responsible for the month end and year end closing process of the manufacturing system and General Ledger account reconciliations as assigned.
      • Prepare all month-end close entries as required. All entries related to the proper accounting of the inventory, inclusive of the reconciliation of the perpetual inventory to the general ledger.
      • Prepare monthly CSMS (warranty) journal entry to the proper accounts and ensure accurate data is included in the warranty analysis file.
      • Perform miscellaneous expense reclassifications as required.
      • Responsible for State manufacturing tax credit/incentive reporting.

      Other:

      • Drive continuous improvement initiatives as they relate to all aspects of inventory and/or standard costs.
      • Responsible for local financial controls.
      • Understand configurator logic to coordinate and assist in development, testing and implementation of new options/processes added to JDE/BI/ EXCEL.
      • Take a lead role in the implementation and testing of new or upgrades to computerized manufacturing / accounting systems.
      • Conduct financial evaluation of process improvement projects related to safety, quality, and efficiency.
      • Analyze expense spending accounts for cost reduction opportunities.
      • Provide ROI/IRR calculations for capital projects.
      • Manage Open Accrued Accounts Payable balances and aging.
      • Supervision of Accounting staff, including the oversight and functions of inventory accounts payable, efficiency reporting, inventory transaction processing and clearing account reconciliation.

      EDUCATION and/or EXPERIENCE

      • Bachelor's degree (B. A.) in accounting from four-year college or university and a minimum of five years related experience.
      • Experience in a manufacturing environment preferred.

      KNOWLEDGE / SKILL REQUIREMENTS:

      The ideal candidate will demonstrate:

      • Excellent operating and financial understanding of computer-based manufacturing systems.
      • JD Edwards experience is a plus.
      • Proficiency using Excel spreadsheets.
      • 10 – 20% travel required

      SUPERVISORY RESPONSIBILITIES:

      Directly manages one to five employees in multiple locations. Carries out managerial responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

      What We Offer:

      Rite-Hite provides its employees with excellent training, competitive wages with regular salary increases, a full benefits package (medical, dental, vision, disability, life and more), as well as an outstanding retirement program that combines a 401(k) with company match and profit sharing. We also provide excellent opportunity to grow your career with a global leader in industrial safety products.

      Rite-Hite is an Equal Opportunity/Affirmative Action employer offering a drug free workplace for our customers and employees.

  • About the company

      Rite-Hite is an American company that manufactures loading dock equipment, industrial doors, safety barriers, industrial fans and other in-plant products.

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