Assistant Controller

1 day ago


Bengaluru, India Stoneridge Full time

Since 1965, Stoneridge has designed and manufactured advanced, award-winning technologies including driveline and transmission actuation systems, vision systems, emissions control systems, safety systems, and security and monitoring systems for vehicle OEMs in the commercial vehicle, automotive, off-highway and agricultural vehicle markets. We’re focused on the areas of greatest market need – both today and tomorrow. Our core products and technologies are aligned with industry megatrends including safety and security, vehicle intelligence, fuel efficiency and emissions. Join the Stoneridge Team as we continue to build upon our strong history and reputation for quality products to deliver innovative products and systems that address a need, exceed our customers’ expectations, and motivate our team. JOB SUMMARY: The Assistant Controller helps manage all site accounting personnel in the development, implementation, and maintenance of the accounting system, as well as providing financial and cost data to management. This position will establish, implement, and direct financial controls, policies, and practices for the site. The Assistant Controller will measure the performance of the site and each of its operating areas against previously established budgets. In addition, they will analyze variances, determine their cause and then drive corrective action. PRINCIPLE RESPONSIBILITIES:  Provides financial analysis support to operations and the site management team.  Oversees multiple direct reports that drive financial analysis and inventory accuracy  Provides data and financial leadership to the site management team to drive valuecreating growth  Participates in the weekly/monthly/quarterly/annual consolidated actual reporting and forecasting requirements including detail weekly/monthly variance reporting (Causal Analysis, etc.)  Leads the plant’s development and management of the budget and forecasts, including ongoing variance analysis and presentation to upper management  Participates in the consolidation of the business plan at the site level  Provides financial analysis and controls covering diverse financial issues, e.g., capitalization, assets, projects, allocations  Delivers business analysis to guide clear management understanding of variances to plan and helps develop clear corrective actions, both in profit performance and management of fixed assets and working capital in the balance sheet  Develops and maintains effective working relationships with the plant leadership team  Provides financial analysis and control for capital expenditure projects and major cost reduction initiatives  Supports the requirements of internal and external audit activities  Oversees Financial portion of on-site annual physical inventory and drives variance analysis, root cause and corrective actions  Compiles year end standard cost roll and executes implementation  Any additional support as needed EDUCATION, EXPERIENCE AND KNOWLEDGE  Bachelor’s degree in Accounting or Finance or related field  Minimum 5 years related experience in a (preferably automotive) high volume manufacturing environment  Strong cost accounting knowledge and experience  Significant capability, drive, and initiative to create and manage own work agenda  Demonstrated leadership skills and the ability to create and maintain productive work relationships  Financial expertise and skills to effectively deliver the responsibilities outlined above including knowledge and familiarization with financial systems and other appropriate software  Ability to work effectively in a team environment – to effectively listen, challenge and communicate  Demonstrated ability to be proactive and take initiative, including performance of duties exercising independent judgement  Professionalism and flexibility  Ability to work directly with upper management in a fast-paced environment  Ability to maintain confidentiality  Strong problem-solving and project management skills  Ability to work on multiple projects simultaneously  Excellent written and oral communication skills  Excellent organizational and planning skills  Ability to manage and function in a multiple reporting relationship structure  Ability to think analytically and then make appropriate decisions  2 weekends a year required – Annual Physical Inventory and Year End Standard Cost Roll LOCATION AND TRAVEL REQUIREMENTS:  Lexington, OH  Minimal travel required; only as needed Stoneridge is an Equal Employment Opportunity Employer. We do not discriminate against any applicant or employee based on race, color, religion, national origin, gender, age, sexual orientation, marital status, mental or physical disability, genetic information, veteran status or any other characteristic protected by the applicable laws in the countries we operate. Stoneridge also prohibits harassment of applicants or employees based on any of these protected categories.


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