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Assistant Controller

Sandvik Coromant in Westminster, SC is looking for aFinance Assistant ControllerSANDVIK COROMANT is the world’s leading supplier of tools, tooling solutions, and know-how to the manufacturing industry. Our customers, which include major manufacturers within aerospace, automotive, medical, energy and general engineering, rely on us to provide the highest level of knowledge, service, and support to help them achieve their goals for productivity and profitability. With extensive investments in research and development, we bring game-changing technologies and solutions to a dynamic industry driven by a demand for constant innovation. We have 8,000 employees and are represented in 130 countries, uniquely positioning us to set the industry standard for high technology manufacturing now and for the future. Sandvik Coromant is part of the business area Sandvik Machining Solutions within the 150-year-old global industrial group Sandvik.Key Performance AreasThe Assistant Controller for is responsible for providing support to the Controller in the day-to-day tasks of analyzing, reporting, and supporting the administrative and operational areas.Additionally, the Assistant Controller:• Supports the Controller in managing the daily financial responsibilities of the Inserts, Powder, and Round Tool’s plants that include results review and reporting annual budgets, strategic business plans, fixed asset acquisition analysis and control, inventory valuation and control, and asset protection.• Ensures timely analysis, planning, and implementation of financial and reporting systems for the plants to maintain consistency and conformity to company policies and procedures.• Supports the Controller in the monthly financial closing including journal entries, reconciliation of balance sheet accounts and accuracy of financial statements. Timely analysis of accounts during the closing is also required.• Ensures the accuracy of product costing.• Initiates, organize, and review systems and procedures to provide accurate and meaningful information to plant and executive management.• Supports the Controller in managing employee incentive plans and ensures proper measurement and distribution of results per company guidelines.• Develops, analyze, and interpret appropriate analysis and/or special projects including appropriation requests (AR) to provide meaningful information for management decisions.• Supports the Controller in performing regular forecast and reviews with management of business unit in order to share financial results and to facilitate learning.Your ProfileMinimum 8-12 years’ experience in an accounting or finance role, preferably in a manufacturing environment.BS degree in Accounting or Finance is required. MBA is preferred.BenefitsSandvik offers a comprehensive total compensation package including a competitive benefits package of health, dental and disability insurance, and a 401(k)-retirement savings plan. In addition, we provide opportunities for professional competence development and training, as well as opportunities for career advancement.How To ApplyFor immediate consideration, please apply online at: https://www.home.sandvik/en/careers/ apply to the Finance Assistant Controller position, Job Requisition ID# R0072328.Sandvik is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Any applicant who, because of a disability, needs accommodation or assistance in completing an application or at any time during the application process should contact Human Resources at hrsolutions.us@sandvik.com. Sandvik also provides reasonable accommodations to employees with disabilities consistent with its obligations under the law.

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What You Should Know About Assistant Controller, Sandvik

Are you an experienced finance professional looking for a new challenge? Sandvik Coromant, a leader in innovative manufacturing solutions, is seeking an Assistant Controller to join our team in sunny Sullivan's Island, SC. In this role, you will be pivotal in supporting our Controller with a variety of financial tasks that are essential to the smooth operation of our Inserts, Powder, and Round Tool plants. With your analytical prowess, you will delve into financial reporting, budget management, and performance analyses that drive meaningful business decisions. We value creativity and strategic thinking, so you’ll find plenty of opportunities to contribute your insights while collaborating with a dynamic team of experts. You will also play a key role in ensuring the accuracy of product costing and the efficacy of financial systems company-wide. We’re looking for someone with a minimum of 8-12 years of relevant experience and a proven track record in a manufacturing finance setting, holding at least a BS in Accounting or Finance. An MBA is a big plus! At Sandvik, we believe in rewarding our team members with a comprehensive benefits package, professional development opportunities, and room for growth. If you are ready to take the next step in your career and make a significant impact at a globally recognized organization, we invite you to explore this exciting opportunity with us!

Frequently Asked Questions (FAQs) for Assistant Controller Role at Sandvik
What are the key responsibilities of the Assistant Controller at Sandvik Coromant?

The Assistant Controller at Sandvik Coromant is responsible for a range of critical financial functions including supporting the Controller in daily financial operations, managing annual budgets, and conducting financial analyses. This role also includes responsibilities like overseeing inventory valuation, ensuring timely financial closing, and providing meaningful data for management's decision-making processes.

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What qualifications are required for the Assistant Controller position at Sandvik Coromant?

To qualify for the Assistant Controller position at Sandvik Coromant, candidates should have a minimum of 8-12 years of experience in an accounting or finance role, preferably in a manufacturing environment. A BS degree in Accounting or Finance is required, and an MBA is preferred, showcasing the depth of knowledge necessary for this role.

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What skills are important for the Assistant Controller at Sandvik Coromant?

Strong analytical skills, attention to detail, and proficiency in financial reporting are essential for the Assistant Controller role at Sandvik Coromant. Additionally, candidates should possess excellent communication abilities, a collaborative mindset, and experience with financial systems to effectively support the Controller and contribute to the financial health of the organization.

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How does Sandvik Coromant support professional growth for the Assistant Controller?

Sandvik Coromant is committed to the professional development of its employees, including the Assistant Controller. The company offers opportunities for training, skill enhancement, and career advancement, providing a pathway for expertise development and growth within the organization.

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What benefits do employees receive at Sandvik Coromant for the Assistant Controller position?

Employees, including those in the Assistant Controller position at Sandvik Coromant, enjoy a comprehensive benefits package that includes health, dental, and disability insurance, a 401(k) retirement savings plan, and additional perks aimed at supporting their well-being and professional success.

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Common Interview Questions for Assistant Controller
Can you describe your experience in financial reporting and how it applies to the Assistant Controller role?

In answering this question, detail your previous roles where you prepared and analyzed financial reports. Emphasize your ability to ensure accuracy, provide insights, and enhance understanding of financial health in line with the responsibilities of the Assistant Controller at Sandvik Coromant.

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How do you approach budget management and forecasting for multiple manufacturing plants?

Discuss your methodology for budgeting and forecasting, including the importance of analyzing historical data and collaborating with different departments. Highlight your strategic thinking and application of financial principles relevant to manufacturing, as required for the Assistant Controller role.

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What strategies do you employ to ensure accuracy in product costing?

Explain your techniques for monitoring costs and implementing controls. Talk about your experience with systems that help track expenses, as accuracy in product costing is essential for the Assistant Controller position at Sandvik Coromant.

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How do you handle the pressure of financial closing deadlines?

Share your strategies for prioritizing tasks, effective time management, and teamwork during the financial closing process. Highlight how these skills make you an ideal candidate for the fast-paced environment at Sandvik Coromant.

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Can you explain your experience with financial systems and reporting software?

Provide details about the financial systems and software you have used in the past. Discuss how your familiarity with these tools aligns with the requirements of the Assistant Controller role at Sandvik Coromant.

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Describe a challenging financial analysis project you managed.

Select a specific example demonstrating how you tackled challenges, ensured accuracy, and derived actionable insights. This will showcase your analytical skills and relevance to the Assistant Controller's responsibilities at Sandvik Coromant.

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What role do you believe an Assistant Controller plays in strategic business planning?

Discuss the importance of providing data-driven insights and financial analysis to inform business strategies and decision-making processes. Tailor your answer to highlight how you would fulfill this function for Sandvik Coromant.

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How do you ensure compliance with company policies in financial reporting?

Talk about your experience with internal controls and compliance measures, highlighting your attention to detail and commitment to upholding reporting standards, which are key for the Assistant Controller at Sandvik Coromant.

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In your view, what makes collaboration important in financial management?

Explain how working collaboratively with different departments enhances financial accuracy and bolsters decision-making. Relate this to the team dynamics expected in the Assistant Controller role at Sandvik Coromant.

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What motivates you in a financial leadership role like the Assistant Controller?

Share your passion for finance and how the role of Assistant Controller aligns with your career aspirations. Emphasize your desire to contribute positively to company success, reflecting Sandvik Coromant's values.

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We make the shift – advancing the world through engineering. We are forward thinkers, driven by our passion to continuously innovate smarter solutions and enable important shifts. We aim to advance society and the planet, creating benefits for all...

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Full-time, on-site
DATE POSTED
December 21, 2024

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