Consolidated Precision Products (CPP), a manufacturer of highly complex aluminum & magnesium aerospace castings is seeking a Controller to join the team at our plant in Bloomington, MN.  We are looking for a motivated and driven individual that can drive execution in a diverse, challenging environment.
This is a great opportunity to join a growth-oriented company that has been in business for over 100 years! CPP offers a competitive compensation & benefits package which includes a bonus program that is paid quarterly, medical/dental/vision/life insurance, 401K, paid vacation and holidays.
Major Responsibilities
  • Provides oversight of site’s Accounting/Finance, A/R and A/P functions
  • Partners with the Site VP/GM with strategic and tactical thinking that successfully integrates people, money, technology and systems within time and plan/forecast constraints
  • Ownership of monthly financial closing activities to ensure timely and accurate preparation of internal financial statements in accordance with US GAAP including but not limited to:
    • Review and approve significant monthly account reconciliations
    • Review monthly, quarterly and annual internal financial statements for reasonableness and fluctuation analysis
  • Manage the site’s annual external audit including review/preparation of audit material, coordinating site visit with external auditors and responding to external auditor inquiries
  • Preparation of monthly Business Unit Review (“BUR”) report. Preparation includes detailed analysis and support for the contents of the BUR, complete understanding of the variances to plan/forecast and assurance of accuracy.  Coordinate the preparation of the BUR with applicable departments
  • Utilize the CPP Toolbox of reporting tools to drive the business, understanding/creating/implementing/teaching
  • Ad hoc financial analysis to challenge the status quo; proactively look for financial relationships to be evaluated to improve operational performance 
  • Ensures proper inventory valuation and physical inventory management as well as accurate standard costs and burden rates  Standard costs need to be continuously challenged for accuracy to ensure both proper inventory valuation and equally important the accuracy of the measurement of profitability at part number level and operations metrics
  • Responsible for ensuring that site-specific SOX controls are maintained and documented as well as co-developing new SOX controls with Corporate and/or consultants as needed.  SOX controls will be audited at least annually by independent third party
  • Ensures that all of the Company’s financial and accounting policies are understood and adhered to by the site’s team members
  • Lead the development of the annual operating plan; challenge the operations and sales teams for detail and accuracy in the buildup of the annual plan
  • Complete all financial analysis and documentation associated with capital expenditures including leave vs. buy, ROI, payback, capital requisitions and post-mortem analysis
  • Ensure conformance to Federal Defense Acquisition Regulations applicable to defense contractors and supports the preparation of Product Cost and pricing proposal and the follow on audits by Defense Contract Audit Agency
  • Acquire additional certifications and credentials as required for work or career development
  • Comply with all safety, GAAP and FASB policies and procedures
  • Work on/participate in special projects as needed or assigned by Management
  • Education: High school diploma or equivalent & bachelor’s degree in Accounting/Finance required. MBA in Finance strongly preferred, but not required for this position
  • Experience: 10+ years in a professional Finance/Accounting role & 3+ years in a leadership role required
  • Certifications/Licenses:  CPA strongly preferred
  • Other Required Knowledge, Skills & Abilities: Attention to detail, ability to communicate at all levels of the organization, working knowledge of MS Office Suite (Word, PowerPoint, Excel), Power BI/SQL experience is a plus. Ability to work with others through complex situations

This is a full time position

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