Financial Controller

Location : 3200 Fruit Ridge Ave, Walker, MI 49544

 

Who We Are:

Challenge Manufacturing is a leading Tier 1 automotive supplier to a growing portfolio of Original Equipment Manufacturer (OEM) customers. Since 1981, Challenge Manufacturing has grown from a very small shop in Walker, Michigan to 12 locations across North America with 4,000 team members supported by 1,500 industrial robots.   

 

What Makes Us Different?

Challenge Manufacturing is an employee-owned company and is currently ranked in the top 50 largest employee-owned companies in North America. Being an employee-owned company enables the Company to maintain a collaborative and teamwork-oriented work culture. Additionally, over time as the company grows, employees will share in that upside financially through ESOP retirement benefits.

 

Challenge is #PeoplePowered!

 

Position Summary:

The Financial Controller position is responsible for the financial operations and treasury management of the Company, to include the production of daily, monthly, quarterly, and annual reporting, maintenance of an adequate system of financial records, and a comprehensive set of controls and budgets designed to mitigate corporate risk, as well as improve the Company’s financial communications. 

RESPONSIBLITIES AND RESULTS

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Management:

  • Assist in maintain and enforce a monitoring and managing the organization’s bank relationships and liquidity management
  • Analyzing various scenarios and risks and reporting to senior management 
  • Forecasting of medium and long-term funding requirements
  • Daily cash management of customer deposits and supplier payments
  • Debt facilities management including supporting necessary banking requirements
  • Supporting the month end process where necessary

Reporting:

  • Review monthly financial reporting information disseminated to lenders.
  • Coordinate the preparation of a comprehensive internal reporting packages to evaluate key performance metrics across the Company.
  • Assist in the review, preparation, and monitoring of the annual corporate budgets, including operations and capital expenditures. 
  • Preparing management and board reports

 

Other:

  • Actively engage in recurring projects, such as annual third-party ESOP valuation, annual bank fixed asset appraisals, annual insurance audits, and semi-annual bank audits etc.
  • Provide on-going monitoring of corporate cash balances to ensure efficient use of Company capital.
  • Perform and evaluate cost benefit analyses, including plant continuous improvement projects, structuring of vendor payment terms, negotiating lease terms, etc.

 

SKILLS AND KNOWLEDGE

  • Excellent oral and written communication skills
  • Detail-oriented with strong analytic skills
  • Management experience and strong personal skills
  • Proficiency in Microsoft Excel
  •  
  • WORK ENVIRONMENT/PHYSICAL DEMANDS
  • Work is generally performed within a professional office environment, with standard office equipment available.
  • The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
  • Will be expected to travel on a limited basis to production locations in North America, third-party offices, or to potential acquisition targets to conduct due diligence. Periodic but temporary weekend or evening work is expected.
  • Must be physically capable of performing the essential functions of the position, with or without reasonable accommodation. 

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice. 

 

 

Requirements:

REQUIRED EDUCATION AND EXPERIENCE

  • Bachelor’s Degree in Accounting or Finance
  • Minimum 5 years of accounting intensive experience

 

PREFERRED EDUCATION AND EXPERIENCE

  • Public and private accounting experience.
  • CPA license is preferred.
  • Automotive experience is a plus

 

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. 

#LI-RC1

 

 

Benefits We Offer:

We offer a comprehensive benefits package that includes medical, dental, and vision insurance, Health Savings Account with annual employer contributions, Flexible Spending Accounts, Company-Paid Short-Term Disability and Basic Life, Voluntary Life and LTD, Employer 401k Match, ESOP shares, tuition reimbursement, and paid time off.