Financial Controller

Dover Corporation

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profile Job Location:

Skokie, IL - USA

profile Monthly Salary: Not Disclosed
Posted on: 5 days ago
Vacancies: 1 Vacancy

Job Summary

Midland Manufacturing part of OPW a Dover Company is a leader in the rail tank car valves and fittings industry. Our innovative rail products are manufactured and engineered for the safe and efficient loading transportingandunloading of hazardous and non-hazardous bulk products.

For over 125 years OPW has led the way in designing and manufacturing world-class retail fueling fluid handling and car wash system solutions for the safe and efficient handling and distribution of fuels and critical fluids. OPW makes above ground and below ground products for both conventional vapour recovery and clean energy applications in the retail and commercial markets. Additionally OPW supplies loading arms valves and dry-break couplings tank truck equipment rail car valves and equipment and car wash systems. OPW has manufacturing operations in North America Europe Latin America and Asia Pacific with sales offices around the world. OPW is part of the Dover Corporation which is publicly traded on the New York Stock Exchange under DOV. To learn more about OPWs 125 years of providing industry-leading solutions visit our website .

Dover is a diversified global manufacturer with annual revenue of over $8 billion. We deliver innovative equipment and components specialty systems consumable supplies software and digital solutions and support services through five operating segments: Engineered Products Clean Energy & Fueling Imaging & Identification Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 60 years our team of approximately 24000 employees takes an ownership mindset collaborating with customers to redefine whats possible. Headquartered in Downers Grove Illinois Dover trades on the New York Stock Exchange under DOV. Additional information is available

Overview:

The Midland Financial Controller is a key finance leader responsible for managing the Midland finance function and also a key member of the Midland leadership team. The role is a strategic business partner to the Midland Operations Manager partnering closely with manufacturing and operations teams to drive efficiency cost control and financial performance. This role combines traditional controllership responsibilities with a strong operational focus ensuring accurate financial reporting and supporting data-driven decision-making across the organization. This is both a strategic and tactical leadership position with key pillars of activity that include definition deployment and management of Midlands annual operating plan; balance-sheet assessment and management; driving continuous improvement in Finance and related business processes; and being a key leader and business partner to the Midland leadership team.

The role requires an action-oriented finance leader with a track record of supporting business outperformance and continuous improvement as a finance leader. The ideal candidate will bring a balanced background covering FP&A Controllership and Operational Finance experience from a manufacturing/industrial environment. Additionally the role requires a leader with the ability to change altitude as needed to drive strategic initiatives as well as tactical needs.

Primary Responsibilities/Essential Responsibilities:

  • Serve as a member of the Midland leadership team and strategic partner to the Midland Operations Manager providing financial operational and commercial support and guidance; Develop and implement financial strategies for the Midland business unit. Provide vision and leadership to drive both short- and long-range growth while supporting OPW and FTS business objectives and key initiatives
  • Provide strategic financial input and leadership on decision making issues affecting the Midland organization and work closely with Midland leadership team to develop and lead an effective strategic business and human resource planning process
  • Ensure that Midland financial reporting is accurate timely and in accordance with US generally accepted accounting principles (US GAAP) and in compliance with OPW and Dover Accounting policies
  • Maintain and strengthen internal controls and compliance procedures
  • Ensure the monthly general ledger reconciliations and close processes are completed in a timely and quality manner
  • Prepare financial statements and appropriate detailed analysis of the operations of Midland for management and submission to OPW and Dover Corp. as well as all periodic reports to government and tax authorities
  • Work in a shared service environment where you will indirectly manage GL AR AP and Tax teams while still maintaining ownership of the Financial Statements for the business.
  • Responsible for ensuring business unit has successful documentation procedures testing & all internal & external financial audits; maintaining full compliance with all requirements
  • Ensure compliance with all quality regulations standards and corporate policies including but AAR M-1003 for assigned department
  • Analyze operations to identify trends in the business; recommend and implement specific corrective actions when warranted
  • Partner with plant leadership to analyze production costs labor efficiency & material usage
  • Develop KPIs and dashboards to monitor plant and operational efficiency
  • Lead cost accounting processes including standard costing variance analysis and inventory valuation
  • Drive initiatives to improve margins reduce waste and optimize operational performance
  • Prepare capital expenditure proposals for various aspects of Midland and monitor the investment performance against the proposal. Ensure effective processes are in place
  • Manage mentor and develop one direct report
  • Foster a culture of accountability continuous improvement and collaboration
  • Partner cross-functionally with operations supply chain and senior leadership
  • Lead the development of Midlands Annual Operating Plan considering income statement balance sheet and cash flow dynamics and ongoing forecast cycles
  • Provide detailed financial analysis to support strategic planning and operational decisions
  • Monitor performance against budget and provide actionable insights
  • Coordinate internal and external audits
  • Ensure compliance with all regulatory requirements and company policies
  • Continuously assess and improve financial processes and systems
  • Other duties as assigned

Qualifications/Requirements:

  • Bachelors degree in Accounting Finance or related field
  • CPA CMA or MBA preferred
  • Minimum of 8 years of progressive accounting/finance experience including experience in a manufacturing environment
  • Proven management experience with at least 3 years in a leadership role
  • Experience working in an ERP system such as Oracle SAP or Microsoft Dynamics.
  • Experience working in a financial consolidation system such as OneStream.
  • Demonstrated ability as a strategic thinker and experienced at developing business and financial plans for short- and long-term results.
  • Demonstrated knowledge of US GAAP internal controls and financial reporting required.
  • Strong knowledge of cost accounting inventory management and manufacturing finance
  • Strong cost accounting background in a manufacturing environment with the ability to analyze cost variances to drive process improvements.
  • Track record as an operationally oriented finance leader and business partner able to drive performance across the organization

Desired Characteristics Competence and Capabilities:

  • Track record of creating strong partnerships and influencing at all levels of the organization
  • Exceptional critical thinking skills ability to decompose complex problems prioritize issues and implement sensible solutions
  • Excellent organizational planning and project management skills
  • A bias for engaging and communicating with colleagues across the organization
  • Proven experience influencing and driving results even without formal reporting lines
  • A solution mindset; able to resolve and manage conflict constructively and effectively
  • Success prioritizing and meeting deadlines in a dynamic fast-paced environment
  • Demonstrated ability to absorb new concepts facilitate discussions lead fellow team members and guide other departments in delivering the best internal and external customer experience
  • Awareness of when and how to communicate issues in a timely manner to prevent potential impacts
  • Excellent written and oral communication skills and comfortable facilitating and presenting to groups
  • Demonstrated acumen articulating and communicating financial concepts to non-finance business partners in a clear and concise manner
  • Superior attention to detail; passionate about quality performance reliability and scalability
  • Ability to maintain confidentiality.

Physical Demands and Environmental Conditions:

  • This position will typically reside in an office environment but have exposure to the manufacturing and warehouse environments. May be exposed to loud operating machinery hot/cold temperatures chemicals and vapors
  • May require a combination of sitting standing and walking
  • May require use of Personal computer copy machine other office equipment
  • Must be able to sit walk stand reach with hand and arms stoop kneel bend and twist grasp and manipulate with hands and fingers as needed
  • Lifting generally less than 10lbs. May occasionally be required to lift up to 25lbs without assistance

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Work Arrangement: Onsite

Pay Range:$120000.00 -$135000.00

We consider several job-related non-discriminatory factors when determining the pay rate for a position including but not limited to the positions responsibilities a candidates work experience a candidates education/training the positions location and the key skills needed for the position. Pay is one of the Total Rewards that we provide to compensate and recognize employees for their work.

Benefits: Benefits for this position include: a 401(k) savings plan with employer contributions; medical dental and vision insurance; wellness programs; health savings account health care and dependent care flexible spending accounts; company paid short-term disability and long-term disability; company paid employee basic life and AD&D insurance; supplemental employee and dependent life insurance; optional accident hospital indemnity and critical illness insurance; adoption surrogacy and fertility benefits and assistance; commuter benefits; parental military jury duty and bereavement leaves of absence; paid time off including 10 paid holidays per calendar year; paid vacation days beginning at 120 hours annually; 40 paid sick leave hours annually or as provided under state and local paid sick leave laws; tuition assistance is available; business travel services; employee discounts; and an employee assistance program that includes company paid counseling sessions and legal services. Eligibility for benefits is governed by applicable plan documents and policies.

All qualified applicants will receive consideration for employment without discrimination on the basis of race color religion sex sexual orientation gender identity national origin protected veteran status disability age genetic information or any other factors prohibited by law.

Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process please let us know. Likewise if you are limited in the ability to access or use this online application process and need an alternative method for applying we will determine an alternate way for you to apply. Please contactfor assistance with an accommodation. Kindly specify Job Requisition Number / Job Title and Location in response.

Job Function :Finance; Accounting

Midland Manufacturing part of OPW a Dover Company is a leader in the rail tank car valves and fittings industry. Our innovative rail products are manufactured and engineered for the safe and efficient loading transportingandunloading of hazardous and non-hazardous bulk products.For over 125 years OP...
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Dover is a diversified global manufacturer and solutions provider with annual revenue of over $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engin ... View more

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